DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/xq3djj/india_air_cooler) has announced the addition of the "India Air Cooler Market Overview" report to their offering.
India's air cooler market is growing with a CAGR of 11.26% from the last four years, and the market is projected to grow further due to rising mercury, increasing disposable income, growing demand in middle class people and the low price of air coolers as compared to air conditioners. India air cooler market is divided into two parts viz. residential and industrial. Residential and Industrial air cooler market is growing with a CAGR of 15.68% and 9.04% respectively from past four years. Keeping on point, low capital expenditure and electricity benefits of air coolers, the middle income group majorly fuelled the sales in residential market. Whereas, industrial cooling is slowly gaining increasing importance as corporate are now looking to create an amiable working environment for their shop floor teams.
According to India Air Cooler Market Overview, India's Air Cooler market is anticipated to reach INR 7999 Crore by 2021. Symphony, Kenstar and Bajaj are the market leaders in the organized air cooler market. Voltas has just forayed into the industry and is expected to give fierce competition to the market leader Symphony. Room coolers account for almost two-third of the total market and is expected to dominate in the forecast period also, followed by desert coolers. North India caters to the largest revenue sales as the region is growing at a fast pace and the growth is fuelled by a shift from unorganized to the organized market.
Key Topics Covered:
1. Executive Summary
2. India Air Cooler Market Outlook
3. Production Procedure
4. Pricing Analysis
5. Company Profiles
- Bajaj Electricals Ltd.
- Crompton Greaves
- Orient Electric
- Symphony Limited
- Usha International Limited
For more information visit http://www.researchandmarkets.com/research/xq3djj/india_air_cooler