The evaporative cooler market is gaining momentum as an energy-efficient alternative for cooling residential, commercial, and industrial spaces. As of late 2023, increasing awareness of energy conservation, coupled with rising temperatures globally, is driving the demand for evaporative cooling systems.
The evaporative cooler market size is projected to reach US$ 7,842.71 million by 2031 from US$ 4,668.22 million in 2023.
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