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Industrial Cooling System-Global Market Insights and Sales Trends 2024
Synopsis
The global Industrial Cooling System market size is expected to reach US$ 15600 million by 2029, growing at a CAGR of 4.8% from 2023 to 2029. The market is mainly driven by the significant applications of Industrial Cooling System in various end use industries. The expanding demands from the Power Generation, Industrial Manufacturing, Petrochemical Processing and Food Processing & Storage, are propelling Industrial Cooling System market. Evaporative Cooling System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Air Cooling System segment is estimated at % CAGR for the next seven-year period.
Asia-Pacific is the fastest-growing market, as it is a major consumer of industrial cooling systems. There is an increasing demand for industrial cooling systems from both developed and developing countries of this region, such as Japan, China, India, Australia, and others. Top manufacturers from the U.S. and Western Europe are now focusing on Asia-Pacific to meet the region’s growing demand.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Industrial Cooling System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Industrial Cooling System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Industrial Cooling System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Industrial Cooling System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Industrial Cooling System covered in this report include SPX, Hamon, Johnson Controls, Airedale, American Power Conversion, Black Box, Emerson, Rittal and SPIG, etc.
The global Industrial Cooling System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
SPX
Hamon
Johnson Controls
Airedale
American Power Conversion
Black Box
Emerson
Rittal
SPIG
Paharpur Cooling Tower
Baltimore Aircoil Company
EVAPCO
Brentwood Industries
Star Cooling Towers
ENEXIO
Bell Cooling Towers
Mesan Group
Global Industrial Cooling System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Industrial Cooling System market, Segment by Type:
Evaporative Cooling System
Air Cooling System
Hybrid Cooling System
Water Cooling System
Global Industrial Cooling System market, by Application
Power Generation
Industrial Manufacturing
Petrochemical Processing
Food Processing & Storage
Petroleum & Natural Gas Refining
Pharmaceuticals
Data Center
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Industrial Cooling System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Industrial Cooling System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Industrial Cooling System market size is expected to reach US$ 15600 million by 2029, growing at a CAGR of 4.8% from 2023 to 2029. The market is mainly driven by the significant applications of Industrial Cooling System in various end use industries. The expanding demands from the Power Generation, Industrial Manufacturing, Petrochemical Processing and Food Processing & Storage, are propelling Industrial Cooling System market. Evaporative Cooling System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Air Cooling System segment is estimated at % CAGR for the next seven-year period.
Asia-Pacific is the fastest-growing market, as it is a major consumer of industrial cooling systems. There is an increasing demand for industrial cooling systems from both developed and developing countries of this region, such as Japan, China, India, Australia, and others. Top manufacturers from the U.S. and Western Europe are now focusing on Asia-Pacific to meet the region’s growing demand.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Industrial Cooling System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Industrial Cooling System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Industrial Cooling System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Industrial Cooling System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Industrial Cooling System covered in this report include SPX, Hamon, Johnson Controls, Airedale, American Power Conversion, Black Box, Emerson, Rittal and SPIG, etc.
The global Industrial Cooling System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
SPX
Hamon
Johnson Controls
Airedale
American Power Conversion
Black Box
Emerson
Rittal
SPIG
Paharpur Cooling Tower
Baltimore Aircoil Company
EVAPCO
Brentwood Industries
Star Cooling Towers
ENEXIO
Bell Cooling Towers
Mesan Group
Global Industrial Cooling System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Industrial Cooling System market, Segment by Type:
Evaporative Cooling System
Air Cooling System
Hybrid Cooling System
Water Cooling System
Global Industrial Cooling System market, by Application
Power Generation
Industrial Manufacturing
Petrochemical Processing
Food Processing & Storage
Petroleum & Natural Gas Refining
Pharmaceuticals
Data Center
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Industrial Cooling System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Industrial Cooling System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Industrial Cooling System Market Overview
1.1 Industrial Cooling System Product Overview
1.2 Industrial Cooling System Market Segment by Type
1.2.1 Evaporative Cooling System
1.2.2 Air Cooling System
1.2.3 Hybrid Cooling System
1.2.4 Water Cooling System
1.3 Global Industrial Cooling System Market Size by Type
1.3.1 Global Industrial Cooling System Market Size Overview by Type (2018-2029)
1.3.2 Global Industrial Cooling System Historic Market Size Review by Type (2018-2023)
1.3.3 Global Industrial Cooling System Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Industrial Cooling System Sales Breakdown by Type (2018-2023)
1.4.2 Europe Industrial Cooling System Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Industrial Cooling System Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Industrial Cooling System Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Industrial Cooling System Sales Breakdown by Type (2018-2023)
2 Global Industrial Cooling System Market Competition by Company
2.1 Global Top Players by Industrial Cooling System Sales (2018-2023)
2.2 Global Top Players by Industrial Cooling System Revenue (2018-2023)
2.3 Global Top Players by Industrial Cooling System Price (2018-2023)
2.4 Global Top Manufacturers Industrial Cooling System Manufacturing Base Distribution, Sales Area, Product Type
2.5 Industrial Cooling System Market Competitive Situation and Trends
2.5.1 Industrial Cooling System Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Industrial Cooling System Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Industrial Cooling System as of 2022)
2.7 Date of Key Manufacturers Enter into Industrial Cooling System Market
2.8 Key Manufacturers Industrial Cooling System Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Industrial Cooling System Status and Outlook by Region
3.1 Global Industrial Cooling System Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Industrial Cooling System Historic Market Size by Region
3.2.1 Global Industrial Cooling System Sales in Volume by Region (2018-2023)
3.2.2 Global Industrial Cooling System Sales in Value by Region (2018-2023)
3.2.3 Global Industrial Cooling System Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Industrial Cooling System Forecasted Market Size by Region
3.3.1 Global Industrial Cooling System Sales in Volume by Region (2024-2029)
3.3.2 Global Industrial Cooling System Sales in Value by Region (2024-2029)
3.3.3 Global Industrial Cooling System Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Industrial Cooling System by Application
4.1 Industrial Cooling System Market Segment by Application
4.1.1 Power Generation
4.1.2 Industrial Manufacturing
4.1.3 Petrochemical Processing
4.1.4 Food Processing & Storage
4.1.5 Petroleum & Natural Gas Refining
4.1.6 Pharmaceuticals
4.1.7 Data Center
4.2 Global Industrial Cooling System Market Size by Application
4.2.1 Global Industrial Cooling System Market Size Overview by Application (2018-2029)
4.2.2 Global Industrial Cooling System Historic Market Size Review by Application (2018-2023)
4.2.3 Global Industrial Cooling System Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Industrial Cooling System Sales Breakdown by Application (2018-2023)
4.3.2 Europe Industrial Cooling System Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Industrial Cooling System Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Industrial Cooling System Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Industrial Cooling System Sales Breakdown by Application (2018-2023)
5 North America Industrial Cooling System by Country
5.1 North America Industrial Cooling System Historic Market Size by Country
5.1.1 North America Industrial Cooling System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Industrial Cooling System Sales in Volume by Country (2018-2023)
5.1.3 North America Industrial Cooling System Sales in Value by Country (2018-2023)
5.2 North America Industrial Cooling System Forecasted Market Size by Country
5.2.1 North America Industrial Cooling System Sales in Volume by Country (2024-2029)
5.2.2 North America Industrial Cooling System Sales in Value by Country (2024-2029)
6 Europe Industrial Cooling System by Country
6.1 Europe Industrial Cooling System Historic Market Size by Country
6.1.1 Europe Industrial Cooling System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Industrial Cooling System Sales in Volume by Country (2018-2023)
6.1.3 Europe Industrial Cooling System Sales in Value by Country (2018-2023)
6.2 Europe Industrial Cooling System Forecasted Market Size by Country
6.2.1 Europe Industrial Cooling System Sales in Volume by Country (2024-2029)
6.2.2 Europe Industrial Cooling System Sales in Value by Country (2024-2029)
7 Asia-Pacific Industrial Cooling System by Region
7.1 Asia-Pacific Industrial Cooling System Historic Market Size by Region
7.1.1 Asia-Pacific Industrial Cooling System Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Industrial Cooling System Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Industrial Cooling System Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Industrial Cooling System Forecasted Market Size by Region
7.2.1 Asia-Pacific Industrial Cooling System Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Industrial Cooling System Sales in Value by Region (2024-2029)
8 Latin America Industrial Cooling System by Country
8.1 Latin America Industrial Cooling System Historic Market Size by Country
8.1.1 Latin America Industrial Cooling System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Industrial Cooling System Sales in Volume by Country (2018-2023)
8.1.3 Latin America Industrial Cooling System Sales in Value by Country (2018-2023)
8.2 Latin America Industrial Cooling System Forecasted Market Size by Country
8.2.1 Latin America Industrial Cooling System Sales in Volume by Country (2024-2029)
8.2.2 Latin America Industrial Cooling System Sales in Value by Country (2024-2029)
9 Middle East and Africa Industrial Cooling System by Country
9.1 Middle East and Africa Industrial Cooling System Historic Market Size by Country
9.1.1 Middle East and Africa Industrial Cooling System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Industrial Cooling System Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Industrial Cooling System Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Industrial Cooling System Forecasted Market Size by Country
9.2.1 Middle East and Africa Industrial Cooling System Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Industrial Cooling System Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 SPX
10.1.1 SPX Company Information
10.1.2 SPX Introduction and Business Overview
10.1.3 SPX Industrial Cooling System Sales, Revenue and Gross Margin (2018-2023)
10.1.4 SPX Industrial Cooling System Products Offered
10.1.5 SPX Recent Development
10.2 Hamon
10.2.1 Hamon Company Information
10.2.2 Hamon Introduction and Business Overview
10.2.3 Hamon Industrial Cooling System Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Hamon Industrial Cooling System Products Offered
10.2.5 Hamon Recent Development
10.3 Johnson Controls
10.3.1 Johnson Controls Company Information
10.3.2 Johnson Controls Introduction and Business Overview
10.3.3 Johnson Controls Industrial Cooling System Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Johnson Controls Industrial Cooling System Products Offered
10.3.5 Johnson Controls Recent Development
10.4 Airedale
10.4.1 Airedale Company Information
10.4.2 Airedale Introduction and Business Overview
10.4.3 Airedale Industrial Cooling System Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Airedale Industrial Cooling System Products Offered
10.4.5 Airedale Recent Development
10.5 American Power Conversion
10.5.1 American Power Conversion Company Information
10.5.2 American Power Conversion Introduction and Business Overview
10.5.3 American Power Conversion Industrial Cooling System Sales, Revenue and Gross Margin (2018-2023)
10.5.4 American Power Conversion Industrial Cooling System Products Offered
10.5.5 American Power Conversion Recent Development
10.6 Black Box
10.6.1 Black Box Company Information
10.6.2 Black Box Introduction and Business Overview
10.6.3 Black Box Industrial Cooling System Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Black Box Industrial Cooling System Products Offered
10.6.5 Black Box Recent Development
10.7 Emerson
10.7.1 Emerson Company Information
10.7.2 Emerson Introduction and Business Overview
10.7.3 Emerson Industrial Cooling System Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Emerson Industrial Cooling System Products Offered
10.7.5 Emerson Recent Development
10.8 Rittal
10.8.1 Rittal Company Information
10.8.2 Rittal Introduction and Business Overview
10.8.3 Rittal Industrial Cooling System Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Rittal Industrial Cooling System Products Offered
10.8.5 Rittal Recent Development
10.9 SPIG
10.9.1 SPIG Company Information
10.9.2 SPIG Introduction and Business Overview
10.9.3 SPIG Industrial Cooling System Sales, Revenue and Gross Margin (2018-2023)
10.9.4 SPIG Industrial Cooling System Products Offered
10.9.5 SPIG Recent Development
10.10 Paharpur Cooling Tower
10.10.1 Paharpur Cooling Tower Company Information
10.10.2 Paharpur Cooling Tower Introduction and Business Overview
10.10.3 Paharpur Cooling Tower Industrial Cooling System Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Paharpur Cooling Tower Industrial Cooling System Products Offered
10.10.5 Paharpur Cooling Tower Recent Development
10.11 Baltimore Aircoil Company
10.11.1 Baltimore Aircoil Company Company Information
10.11.2 Baltimore Aircoil Company Introduction and Business Overview
10.11.3 Baltimore Aircoil Company Industrial Cooling System Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Baltimore Aircoil Company Industrial Cooling System Products Offered
10.11.5 Baltimore Aircoil Company Recent Development
10.12 EVAPCO
10.12.1 EVAPCO Company Information
10.12.2 EVAPCO Introduction and Business Overview
10.12.3 EVAPCO Industrial Cooling System Sales, Revenue and Gross Margin (2018-2023)
10.12.4 EVAPCO Industrial Cooling System Products Offered
10.12.5 EVAPCO Recent Development
10.13 Brentwood Industries
10.13.1 Brentwood Industries Company Information
10.13.2 Brentwood Industries Introduction and Business Overview
10.13.3 Brentwood Industries Industrial Cooling System Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Brentwood Industries Industrial Cooling System Products Offered
10.13.5 Brentwood Industries Recent Development
10.14 Star Cooling Towers
10.14.1 Star Cooling Towers Company Information
10.14.2 Star Cooling Towers Introduction and Business Overview
10.14.3 Star Cooling Towers Industrial Cooling System Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Star Cooling Towers Industrial Cooling System Products Offered
10.14.5 Star Cooling Towers Recent Development
10.15 ENEXIO
10.15.1 ENEXIO Company Information
10.15.2 ENEXIO Introduction and Business Overview
10.15.3 ENEXIO Industrial Cooling System Sales, Revenue and Gross Margin (2018-2023)
10.15.4 ENEXIO Industrial Cooling System Products Offered
10.15.5 ENEXIO Recent Development
10.16 Bell Cooling Towers
10.16.1 Bell Cooling Towers Company Information
10.16.2 Bell Cooling Towers Introduction and Business Overview
10.16.3 Bell Cooling Towers Industrial Cooling System Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Bell Cooling Towers Industrial Cooling System Products Offered
10.16.5 Bell Cooling Towers Recent Development
10.17 Mesan Group
10.17.1 Mesan Group Company Information
10.17.2 Mesan Group Introduction and Business Overview
10.17.3 Mesan Group Industrial Cooling System Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Mesan Group Industrial Cooling System Products Offered
10.17.5 Mesan Group Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Industrial Cooling System Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Industrial Cooling System Industrial Chain Analysis
11.4 Industrial Cooling System Market Dynamics
11.4.1 Industrial Cooling System Industry Trends
11.4.2 Industrial Cooling System Market Drivers
11.4.3 Industrial Cooling System Market Challenges
11.4.4 Industrial Cooling System Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Industrial Cooling System Distributors
12.3 Industrial Cooling System Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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