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Personal Cooling Devices Market worth 6.9 Million USD by 2022

Personal Cooling Devices Market worth 6.9 Million USD by 2022

The global personal cooling device market was valued at USD 4.8 Million in 2015 and is expected to reach USD 6.9 Million by 2022, at a CAGR of 5.3% between 2016 and 2022. The base year considered for the study is 2015, and the forecast period has been considered between 2016 and 2022. The Asia Pacific region is estimated to hold the largest market share in 2016. The handheld cooling devices are expected to hold the leading position during the forecast period.

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Personal Cooling Devices Market worth 6.9 Million USD by 2022

Personal Cooling Devices Market worth 6.9 Million USD by 2022

The personal cooling device market is expected to reach USD 6.9 Million by 2022, at a CAGR of 5.3% during the forecast period. The major drivers for the personal cooling device market are energy efficiency, individual comfort offering, and portable & user friendly personal cooling devices. Personal cooling devices are energy efficient and less expensive which provide comfort to individuals without disturbing the ambience of other occupants in the room. In the ambient air cooling technology, the cold air is blown by the fans or mini-blower. The handheld cooling device saves more power as compared to room AC, if used for personal cooling. This benefit is fueling the demand for personal cooling devices in the current scenario.

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Mobile Biometrics Market worth 49.33 Billion USD by 2022

Mobile Biometrics Market worth 49.33 Billion USD by 2022

The mobile biometrics market is expected to grow from USD 4.03 Billion in 2015 to USD 49.33 Billion by 2022, at a CAGR of 29.3% between 2016 and 2022. The industrial consensus on developing intelligence in mobile devices drives the use of biometric technology. In the last few years, most of the smart phone companies have launched biometrics-enabled phones. While the focus is currently on fingerprint recognition technology, the market is trending toward advanced biometric technologies such as face, voice, iris, and others.

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