The evaporative cooler market size was valued at USD 6.95 billion in 2024 and expected to reach USD 12.06 billion by 2033, at an estimated CAGR of 6.31% during the projected period from 2025 to 2033. Rising demand for energy-efficient cooling solutions, increasing temperatures, and growing environmental concerns drive market growth for evaporative coolers; thus, these are widely used in residential and commercial applications.
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