North America Spot Cooler Market Size & Outlook, 2023-2030
North America spot cooler market, 2018-2030 (US$M)
North America spot cooler market highlights
- The North America spot cooler market generated a revenue of USD 356.6 million in 2023.
- The market is expected to grow at a CAGR of 4.2% from 2024 to 2030.
- In terms of segment, ceiling-mounted was the largest revenue generating type in 2023.
- Ceiling-Mounted is the most lucrative type segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 356.6 million |
| Market revenue in 2030 | USD 474.7 million |
| Growth rate | 4.2% (CAGR from 2023 to 2030) |
| Largest segment | Ceiling-mounted |
| Fastest growing segment | Ceiling-Mounted |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ceiling-Mounted |
Other key industry trends
- In terms of revenue, North America region accounted for 16.9% of the global spot cooler market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,578.1 million by 2030.
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Spot Cooler Market Scope
Spot Cooler Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America spot cooler market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to spot cooler market will help companies and investors design strategic landscapes.
Ceiling-mounted was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the North America spot cooler market based on ceiling-mounted covering the revenue growth of each sub-segment from 2018 to 2030.
The North America spot cooler market is experiencing steady growth, driven by the region's diverse industrial landscape, stringent regulations on workplace temperature standards, and the rising number of data centres.
In the U.S. and Canada, the demand for spot coolers is significantly high in sectors such as IT, healthcare, and manufacturing, where maintaining precise temperature control is crucial for operational efficiency and equipment longevity.
Moreover, North America's emphasis on sustainable and energy-efficient cooling solutions is propelling advancements in spot cooler technology, making these systems more appealing to environmentally conscious consumers.
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Target buyers of North America spot cooler market databook
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Our clientele includes a mix of spot cooler market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America spot cooler market , including forecasts for subscribers. This continent databook contains high-level insights into North America spot cooler market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America spot cooler market
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