The global personal cooling devices market is expected to reach USD
6.9 Million by 2022, at a CAGR of 5.3% during the forecast period. The
energy efficiency of these devices, portability and individual comfort
systems are the major drivers for the personal cooling systems market.
Personal cooling device is mostly USB powered or battery operated and it
consumes less amount of power. The personal cooling devices save more
energy as compared to split AC or room AC.
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Some of the key players in the personal
cooling devices market include Honeywell International (U.S.), Havells
India Ltd. (India), O2Cool LLC. (U.S.), Holmes (Jarden Consumer
Solution) (U.S.), and Evapolar Ltd. (Russia), AMBIENT Therapeutics Inc.
(U.S.), Lakeland Ltd. (U.K.), Beijing Huimao Cooling Equipment Co. Ltd.
(China), Handy Cooler (Genexus LLC) (U.S.), and Design Go Ltd. (U.K.).
These players have designed various types of handheld fans and personal
air conditioners. Researchers are integrating TEC module with cooling
devices to increase the efficiency of these devices. New innovations in
handheld devices may offer the device an alternative power source
through TEC technology. The companies majorly adopt strategies of
products launches and expansion of sales office worldwide. The key
players frequently upgrade their products as a product differentiation
strategy.
Honeywell International, a global company,
manufactures mini desk fans as the personal cooling product in 2015. The
company develops innovative products with easy to use features. The
company developed new products in QuietSet and Turbo product line: Turbo
on the Go! and QuietSet Slim Mini Tower Table Fan. Turbo on the Go! is a
portable folding fan which can be operated by USB or is battery
powered. This fan can be used in offices, gyms, on beach, or during
camping, backyard barbeques and picnics. This product provides airflow
up to 3 feet. The QuietSet Slim Mini Tower Table Fan offers unique user
interface with four settings: power cool, refresh, white noise and
sleep. This device also offers optional oscillation, easy-touch display,
and auto shut-off timer.
Evapolar Ltd, a Russian Company, developed a world’s
first personal air conditioner "Evapolar” in 2015. It offers 3-in-1
functionality of cooling, humidifying, and air purifying. The device is
eco-friendly and is 12 times more energy efficient than the current
air-conditioners. This technology is based on patented nano-technology
and is unique and easy to use.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
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