Market Overview:
The global cooler connected to the mains market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to factors such as rising demand for energy-efficient cooling solutions, growing awareness about the benefits of using connected coolers, and increasing adoption of smart homes. The table type cooler segment is expected to account for the majority share of the global cooler connected to the mains market in 2018. This segment is projected to grow at a CAGR of 6% during the forecast period. The cabinet type cooler segment is projected to grow at a CAGR of 4% during the same period.
Product Definition:
A cooler is a device used to keep food and drinks cold. It is usually connected to the mains so that it can run continuously.
Table Type:
The global table type market is expected to grow at a CAGR of XX% from 2018 to 2025 owing to the increasing demand for energy-efficient cooling devices in residential and commercial sectors. The growing population coupled with rapid urbanization has resulted in an increased need for electricity, which is further projected to drive the global market growth over the forecast period.
Table type devices are used as power outlets as well as heaters; they help maintain uniform temperature.
Cabinet Type:
Cabinet type is the method of storing and protecting food and beverages from external heat, light, moisture & dust. The cabinet protects the stored products from harmful radiations, air pollutants & microorganisms. It also helps in retaining the freshness of perishable products for a longer time span.
The cooler connected to the mains market is used to store ice-cold drinks such as water, soft drinks or beer for a longer time span along with fruits.
Application Insights:
The commercial segment held the largest share of over 70.0% in 2017. The growing IT, telecom and BFSI sectors are expected to drive the demand for commercial chillers as they provide superior cooling capacity with high energy efficiency ratio (EER). These chillers are designed to meet the requirements of large data centers and corporate offices, which require a lot of ice made at a time.
Commercial coolers can be connected to the mains electricity through an external power source or battery backup system or via solar panels or wind turbines that generate electricity; this is known as off-grid technology. Growing awareness regarding renewable energy is likely to positively influence off-grid systems in various countries across the world, including India, China and Australia among others.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of manufacturers and consumers. The region is expected to maintain its dominance over the forecast period as well due to increasing penetration of smart connected devices, growing IoT applications, and rising demand for energy management solutions. Europe accounted for more than 25% share in terms of revenue in 2017 on account of early adoption by countries such as Germany and U.K., which are majorly driven by consumer inclination towards energy efficiency coupled with government initiatives regarding reduction in carbon footprint associated with cooling systems usage. Asia Pacific is projected to be one among the fastest-growing regional markets from 2018 to 2030 owing KSA & UAE’s rapid growth along with other developing countries such as China & India & Indonesia & Malaysia etc.
Growth Factors:
- Increasing demand for energy-efficient appliances
- Rising awareness about the benefits of using connected devices
- Proliferation of smart home platforms and ecosystems
- Growing demand for home automation and control systems
- Advances in wireless technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Cooler Connected to the Mains Market Research Report
By Type
Table Type, Cabinet Type
By Application
Residential, Commercial
By Companies
Midea, Angel, Qin Yuan, Lamo, Haier, AUX, CHANGHONG, Royalstar, YANGZI, Meiling, Midea
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Cooler Connected to the Mains Market Report Segments:
The global Cooler Connected to the Mains market is segmented on the basis of:
Types
Table Type, Cabinet Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Midea
- Angel
- Qin Yuan
- Lamo
- Haier
- AUX
- CHANGHONG
- Royalstar
- YANGZI
- Meiling
- Midea
Highlights of The Cooler Connected to the Mains Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Table Type
- Cabinet Type
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cooler Connected to the Mains Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A cooler connected to the mains is a refrigerator that uses electricity from the power grid.
Some of the major players in the cooler connected to the mains market are Midea, Angel, Qin Yuan, Lamo, Haier, AUX, CHANGHONG, Royalstar, YANGZI, Meiling, Midea.
The cooler connected to the mains market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cooler Connected to the Mains Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cooler Connected to the Mains Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cooler Connected to the Mains Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cooler Connected to the Mains Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cooler Connected to the Mains Market Size & Forecast, 2020-2028
4.5.1 Cooler Connected to the Mains Market Size and Y-o-Y Growth
4.5.2 Cooler Connected to the Mains Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Table Type
5.2.2 Cabinet Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cooler Connected to the Mains Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cooler Connected to the Mains Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Table Type
9.6.2 Cabinet Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Table Type
10.6.2 Cabinet Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Table Type
11.6.2 Cabinet Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Table Type
12.6.2 Cabinet Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Table Type
13.6.2 Cabinet Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cooler Connected to the Mains Market: Competitive Dashboard
14.2 Global Cooler Connected to the Mains Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Midea
14.3.2 Angel
14.3.3 Qin Yuan
14.3.4 Lamo
14.3.5 Haier
14.3.6 AUX
14.3.7 CHANGHONG
14.3.8 Royalstar
14.3.9 YANGZI
14.3.10 Meiling
14.3.11 Midea
