Evaporative Cooler Market: The Sustainability Perspective - PowerPoint PPT Presentation

About This Presentation
Title:

Evaporative Cooler Market: The Sustainability Perspective

Description:

The global evaporative cooler market is expected to grow at a CAGR of 5.00% over the forecast period of 2024 to 2032. Get more insights into our latest blog – PowerPoint PPT presentation

Number of Views:0
Date added: 30 April 2024
Slides: 6
Provided by: Priya_01
Category: Other
Tags:

less

Transcript and Presenter's Notes

Title: Evaporative Cooler Market: The Sustainability Perspective


1
Evaporative Cooler Market The Sustainability
Perspective According to Inkwood Research, the
global evaporative cooler market is expected to
grow at a CAGR of 5.00 over the forecast period
2024 to 2032. Driven by the rise in global
temperatures and the demand for energy-efficient
solutions like indirect evaporative cooling
(IEC), evaporative coolers are observing
technological progressions. Aligned with IEC
standards, they leverage innovative designs and
materials to optimize water usage and energy
consumption.
This trend further reflects a shift towards
sustainable cooling technologies fueled by
environmental concerns and regulatory
compliances. With rapid inventions in cooler
technology, manufacturers globally are enhancing
efficiency and incorporating smart
features. Regions like Europe, Asia-Pacific, and
North America are focusing on sustainable cooling
initiatives, contributing to eco-friendly
solutions. Moreover, Asia-Pacific leads in the
adoption of innovative cooling solutions,
reflecting a growing awareness of these
practices. Request a FREE sample of the
Evaporative Cooler Market IEC Efficiency
Maximizing Performance in Evaporative Cooler
Market Evaporative coolers have garnered
attention as energy-efficient cooling solutions
amidst global concerns about energy consumption
and
2
environmental impact. Likewise, indirect
evaporative cooling (IEC) is distinguished by its
eco-friendly approach and performance
enhancements compared to other cooling
methods. IEC operates on a water-based cooling
mechanism, avoiding the use of harmful
refrigerants common in traditional cooling
systems. This design coordinates with
sustainability goals and contributes to energy
savings. One key advantage of IEC is its ability
to achieve a significant additional temperature
drop of 2 to 3C compared to other cooling
methods. This improvement translates into higher
coefficients of performance (COPs). IEC systems
can achieve impressive COP levels, especially for
cooling applications, with values as high as
78. Furthermore, advancements in heat transfer
plate design have boosted the efficiency of IEC
systems, resulting in increased wet bulb
efficiency of up to 85. This enhancement
improves cooling capacity and enhances
energy efficiency ratios, leading to overall
energy savings and reduced environmental
impact. By leveraging water-based cooling
mechanisms, IEC systems demonstrate an advantage
in energy efficiency and environmental
sustainability. Optimizing heat transfer
processes leads to superior performance compared
to conventional cooling technologies. This
signifies a significant step forward in
addressing the dual challenges of energy
consumption and environmental responsibility. Mar
ket Position According to Inkwood Research,
indirect evaporative cooling is anticipated to
grow at a CAGR of 5.23 over the forecasted
period. Get CUSTOMIZED market insights delivered
right to your inbox! ColdSNAP Dryscreen
Sustainable Evaporative Cooling Strategies
According to projections, escalating global
temperatures have driven a surge in the demand
for cooling solutions, which is expected to
triple by 2050. However, traditional cooling
systems contribute significantly to environmental
issues due to their energy-intensive processes.
They also use chemicals with a potent greenhouse
effect, exacerbating climate change despite
providing immediate comfort. Recent advancements
in cooler technologies have introduced innovative
solutions like coldSNAP and Dryscreen in response
to these challenges. Collaboratively developed by
experts from the Wyss Institute, Harvard SEAS,
and the Graduate School of Design, these systems
aim to meet the rising global demand for cooling.
They prioritize eco-friendly and energy-efficient
approaches in their design and implementation.
3
coldSNAP represents a significant advancement in
evaporative cooling by integrating
water-repellent coatings and porous terracotta.
This advanced design effectively separates the
cooling and evaporation processes, delivering
cool, dry air without increasing humidity levels.
Field tests conducted at Harvards HouseZero have
demonstrated the impressive cooling capabilities
of coldSNAP, even in extreme heat and humidity
conditions. Complementing coldSNAP, Dryscreen
focuses on dehumidification, a critical aspect of
effective evaporative cooling systems. Utilizing
advanced membrane technology, Dryscreen
efficiently removes moisture from the air. This
results in dehumidified air that significantly
enhances comfort, particularly in humid
environments. The collective benefits of
coldSNAP and Dryscreen extend beyond improved
cooling performance. They represent a significant
step towards sustainable cooling solutions,
characterized by reduced energy consumption and a
minimized environmental impact. These techniques
are employed in evaporative coolers to enhance
cooling efficiency while minimizing environmental
impact and energy consumption. Cooling
Innovation Climate Resilience APAC Evaporative
Cooler Market Evaporative coolers, also known as
swamp coolers, are gaining prominence in the
Asia-Pacific due to the escalating global
temperatures and the need for energy-efficient
cooling solutions. This trend is notable in
countries facing significant heat stress, driving
demand for innovative cooling technologies. Accor
dingly, as per Inkwood Research, Asia-Pacific is
projected to be the leading region in the global
evaporative cooler market. In the Asia-Pacific,
countries like India, Australia, and parts of
Southeast Asia are witnessing an upswing in the
adoption of evaporative coolers. Rising
temperatures and the necessity for cost-effective
cooling solutions have promoted this growth. For
example, companies like Ant Studio in India have
developed terracotta-based cooling systems
inspired by beehives. These systems showcase a
blend of traditional craftsmanship and modern
cooling technology. Several other companies,
including Symphony Limited and Honeywell,
manufacture advanced energy-efficient and
environmentally conscious cooling solutions in
Asia-Pacific. Stay up-to-date with whats
trending in the Global Evaporative Cooler Market
4
  • Here are a few major key players facilitating
    this
  • Symphony LimitedSymphonys advanced cooling
    solutions, including the Symphony Diet series,
    leverage cutting-edge technologies. These
    innovations provide efficient and eco-friendly
    cooling options in industrial evaporative cooling
    systems. The products come with features like IoT
    connectivity for remote monitoring and control,
    high-efficiency cooling pads, and smart controls.
    They cater to the needs of the Asia-Pacific
    markets, ensuring optimal performance and energy
    savings.
  • Honeywell International IncHoneywell is another
    key player contributing to the rise of
    evaporative cooling in parts of Asia-Pacific.
    Their Honeywell Evaporative Air Coolers series
    offers energy-efficient and environmentally
    friendly cooling solutions. It incorporates
    innovations like variable speed fans and
    eco-friendly design elements for enhanced
    performance and sustainability.
  • AirGroup AustraliaAirGroup Australia specializes
    in evaporative cooling systems tailored for
    residential and commercial It focuses on
    developing energy-efficient products suitable for
    the Australian climate and meeting its customers
    diverse cooling needs.
  • Seeley InternationalSeeley International, also
    based in Australia, offers evaporative coolers
    under the brand name Breezair. These cooling
    solutions excel in energy efficiency and
    environmental sustainability, delivering superior
    cooling performance with minimal environmental
    impact. Their evaporative coolers are renowned
    choices for residential and commercial cooling.
  • These advancements in evaporative coolers reflect
    a shift towards more energy-efficient and
    environmentally conscious cooling solutions in
    Asia- Pacific. Further, companies active
    involvement and diverse product extensions are
    driving a substantive transformation in meeting
    cooling needs.
  • As global warming continues to elevate
    temperatures, the imperative for eco- friendly
    cooling technologies is driving global demand for
    evaporative coolers. With advancements in
    technology and companies commitment to
    innovation in this sphere, the evaporative cooler
    market is predicted to experience developing
    growth over the forecasted period.
  • Cant find what youre looking for? Talk to an
    expert NOW!

5
  • FAQs
  • What is an evaporative cooler, and how does it
    work?
  • A An evaporative cooler, also known as a swamp
    cooler, is a device that cools air by evaporating
    water. It works by drawing warm air through
    water-saturated pads, where the air is cooled as
    it evaporates the water.
  • What are the benefits of using evaporative
    coolers?
  • A Evaporative coolers are energy-efficient,
    cost-effective, and environmentally friendly
    cooling solutions. They use significantly less
    electricity compared to traditional air
    conditioners and can reduce energy costs by up to
    75. They also add moisture to the air, which can
    be beneficial in dry climates.
  • In which areas are evaporative coolers most
    effective?
  • A Evaporative coolers are most effective in hot
    and dry climates with low humidity. They work
    best in regions with temperatures above 85F
    (29C) and relative humidity below 50-60.
Write a Comment
User Comments (0)
About PowerShow.com