Africa Air Coolers Market is expected to reach USD 52.1 million by 2030

Rising temperature and rapid urbanization are driving up demand for Africa air coolers market during the forecast period.

Africa Air Coolers Market size was valued at USD 23.9 million in 2023 and is predicted to reach USD 52.1 million by 2030, with a CAGR of 11.1% from 2024 to 2030, according to new research by Next Move Strategy Consulting.

The air cooler market in Africa is witnessing remarkable growth, surpassing other regions in the Rest of the World. Contributing to this demand is the region's rising temperatures and increasing occurrences of heatwaves and hot days. According to the Intergovernmental Panel on Climate Change Fifth Assessment Report, vast areas of Africa are expected to warm by over 2°C above pre-industrial levels by the end of the century, leading to more extreme heat events.

North Africa, in particular, has experienced unprecedented heatwaves, with Agadir, Morocco, recording a record-breaking temperature of 50.4°C in August 2022. These extreme conditions are forecasted to become more frequent, posing significant challenges to the comfort and well-being of the population. Research published in Nature by the University of Oxford identifies Africa as one of the regions most impacted by the increasing demand for cooling solutions, projecting the continent to have the highest absolute rise in cooling requirements.

The rapid urbanization and population growth in African cities are fueling the demand for air coolers. As urban areas expand and infrastructure develops, the necessity for effective cooling solutions becomes paramount. Air coolers offer a cost-effective and energy-efficient means to mitigate heat discomfort in residential and commercial settings. With temperatures on the rise and the demand for cooling solutions escalating, air coolers provide a practical and accessible option to meet the cooling needs of African urban populations.

The inefficiency of air coolers in humid and coastal areas poses a significant obstacle to their widespread adoption and market growth. In regions with high humidity levels, such as coastal areas or tropical climates, air coolers may struggle to effectively cool indoor spaces. This challenge arises because the cooling mechanism of air coolers depends on water evaporation to lower the air's temperature. However, in humid conditions where the air is already saturated with moisture, evaporation becomes less efficient, leading to limited cooling capacity and reduced effectiveness of air coolers.

Technological advancements offer promising growth prospects for the air cooler market. Continuous innovation has led to the development of more efficient and feature-rich air cooler models. These advancements include improvements in fan design, evaporative cooling technology, and the integration of intelligent features like remote control and programmable settings, enhancing the overall user experience.

As technology evolves, air coolers can address consumer preferences such as energy efficiency, portability, quiet operation, and air quality improvement. These advancements not only enhance performance but also differentiate air coolers in a competitive market. Furthermore, integrating intelligent technologies enables connectivity with other smart home devices, appealing to tech-savvy consumers and further driving adoption.

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The Africa air coolers industry includes several market players such as Symphony Ltd, Midea Group Co. Ltd., Voltas, Havells Africa Ltd., Portacool LLC, Bajaj Electricals Ltd., Crompton Greaves Consumer Electricals Ltd., Orient Electric, Usha International Ltd., and Fujian Jinghui Environmental Technology Co., Ltd.

Key Insights from the Air Coolers Market Report:

  • The information related to key drivers, restraints, and opportunities and their impact on the Africa air coolers market is provided in the report.

  • The value chain analysis in the market study provides a clear picture of the roles of each stakeholder.

  • The market share of players in the Africa air coolers market is provided in the report along with their competitive analysis.

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