Industrial Cooling System Market Size, Share, Trends, Growth 2032
Industrial Cooling System Market By Product (Water Cooling, Evaporative Cooling, Air Cooling, Hybrid Cooling), Application (Utility & Power, Metalworking, Oil & Gas, Chemical, Automotive, Food & Beverage, Pulp & Paper, Pharmaceutical), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 - 2032
Category: Heavy Industry Report Format : PDF
Pages: 110 Report Code: ZMR-4884
Published Date: Aug-2024 Status : Published
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 18.44 Billion | USD 28.61 Billion | 5% | 2023 |
Table Of Content
- Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
- Chapter 2. Executive Summary
- 2.1. Industrial Cooling System Market, 2016-2025 (USD Million)
- 2.2. Industrial Cooling System Market: Snapshot
- Chapter 3. Industrial Cooling System Market - Industry Analysis
- 3.1. Industrial Cooling System Market: Market Dynamics
- 3.2. Market Drivers
- 3.2.1. Driver 1
- 3.2.2. Driver 2
- 3.3. Restraints
- 3.3.1. Restraint 1
- 3.3.2. Restraint 2
- 3.4. Opportunity
- 3.4.1. Government funding and support
- 3.5. Porter's Five Forces Analysis
- 3.6. Market Attractiveness Analysis
- 3.6.1. Market attractiveness analysis By Product
- 3.6.2. Market attractiveness analysis By Application
- 3.6.3. Market attractiveness analysis by Region
- Chapter 4. Industrial Cooling System Market- Competitive Landscape
- 4.1. Company market share analysis
- 4.1.1. Global Industrial Cooling System Market: company market share, 2018
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New Product launches
- 4.2.3. Agreements, partnerships, collaborations and joint ventures
- 4.2.4. Research and development and Regional expansion
- 4.3. Price trend analysis
- 4.1. Company market share analysis
- Chapter 5. Global Industrial Cooling System Market -Product Analysis
- 5.1. Global Industrial Cooling System Market overview: By Product type
- 5.1.1. Global Industrial Cooling System Market share, By Product,2018 and 2025
- 5.2. Water Cooling
- 5.2.1. Global Industrial Cooling System Market by Water Cooling, 2016-2025 (USD Million)
- 5.3. Evaporative Cooling
- 5.3.1. Global Industrial Cooling System Market by Evaporative Cooling, 2016-2025 (USD Million)
- 5.4. Air Cooling
- 5.4.1. Global Industrial Cooling System Market by Air Cooling, 2016-2025 (USD Million)
- 5.5. Hybrid Cooling
- 5.5.1. Global Industrial Cooling System Market by Hybrid Cooling, 2016-2025 (USD Million)
- 5.1. Global Industrial Cooling System Market overview: By Product type
- Chapter 6. Global Industrial Cooling System Market -Application Analysis
- 6.1. Global Industrial Cooling System Market overview: By Application
- 6.1.1. Global Industrial Cooling System Market share, By Application, 2018 and 2025
- 6.2. Utility & Power
- 6.2.1. Global Industrial Cooling System Market By Utility & Power, 2016-2025 (USD Million)
- 6.3. Metalworking
- 6.3.1. Global Industrial Cooling System Market By Metalworking, 2016-2025 (USD Million)
- 6.4. Oil & Gas
- 6.4.1. Global Industrial Cooling System Market By Oil & Gas, 2016-2025 (USD Million)
- 6.5. Chemical
- 6.5.1. Global Industrial Cooling System Market By Chemical, 2016-2025 (USD Million)
- 6.6. Automotive
- 6.6.1. Global Industrial Cooling System Market by Automotive Applications, 2016-2025 (USD Million)
- 6.7. Food & Beverage
- 6.7.1. Global Industrial Cooling System Market by Food & Beverage Applications, 2016-2025 (USD Million)
- 6.8. Pulp & Paper
- 6.8.1. Global Industrial Cooling System Market by Pulp & Paper Applications, 2016-2025 (USD Million)
- 6.9. Pharmaceutical
- 6.9.1. Global Industrial Cooling System Market by Pharmaceutical Applications, 2016-2025 (USD Million)
- 6.1. Global Industrial Cooling System Market overview: By Application
- Chapter 7. Global Industrial Cooling System Market - Regional Analysis
- 7.1. Global Industrial Cooling System Market overview: by Region
- 7.1.1. Global Industrial Cooling System Marketshare, by Region, 2018 and 2025
- 7.2. North America
- 7.2.1. North America Industrial Cooling System Market, 2016-2025 (USD Million)
- 7.2.2. North America Industrial Cooling System Market revenue, By Product,2016-2025 (USD Million)
- 7.2.3. North America Industrial Cooling System Market revenue, By Application, 2016-2025 (USD Million)
- 7.2.4. The U.S.
- 7.2.4.1. The U.S.Industrial Cooling System Market revenue, By Product,2016-2025 (USD Million)
- 7.2.4.2. The U.S.Industrial Cooling System Market revenue, By Application, 2016-2025 (USD Million)
- 7.2.5. Rest of North America
- 7.2.5.1. Rest of North America Industrial Cooling System Market revenue, By Product,2016-2025 (USD Million)
- 7.2.5.2. Rest of North America Industrial Cooling System Market revenue, By Application, 2016-2025 (USD Million)
- 7.3. Europe
- 7.3.1. Europe Industrial Cooling System Market, 2016-2025 (USD Million)
- 7.3.2. Europe Industrial Cooling System Market revenue, By Product,2016-2025 (USD Million)
- 7.3.3. Europe Industrial Cooling System Market revenue, By Application, 2016-2025 (USD Million)
- 7.3.4. UK
- 7.3.4.1. U.K.Industrial Cooling System Market revenue, By Product,2016-2025 (USD Million)
- 7.3.4.2. U.K.Industrial Cooling System Market revenue, By Application, 2016-2025 (USD Million)
- 7.3.5. France
- 7.3.5.1. France Industrial Cooling System Market revenue, By Product,2016-2025 (USD Million)
- 7.3.5.2. France Industrial Cooling System Market revenue, By Application, 2016-2025 (USD Million)
- 7.3.6. Germany
- 7.3.6.1. Germany Industrial Cooling System Market revenue, By Product,2016-2025 (USD Million)
- 7.3.6.2. Germany Industrial Cooling System Market revenue, By Application, 2016-2025 (USD Million)
- 7.3.7. Rest of Europe
- 7.3.7.1. Rest of EuropeIndustrial Cooling System Market revenue, By Product,2016-2025 (USD Million)
- 7.3.7.2. Rest of EuropeIndustrial Cooling System Market revenue, By Application, 2016-2025 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Industrial Cooling System Market, 2016-2025 (USD Million)
- 7.4.2. Asia Pacific Industrial Cooling System Market revenue, By Product,2016-2025 (USD Million)
- 7.4.3. Asia Pacific Industrial Cooling System Market revenue, By Application, 2016-2025 (USD Million)
- 7.4.4. China
- 7.4.4.1. China Industrial Cooling System Market revenue, By Product,2016-2025 (USD Million)
- 7.4.4.2. China Industrial Cooling System Market revenue, By Application, 2016-2025 (USD Million)
- 7.4.5. Japan
- 7.4.5.1. Japan Industrial Cooling System Market revenue, By Product,2016-2025 (USD Million)
- 7.4.5.2. Japan Industrial Cooling System Market revenue, By Application, 2016-2025 (USD Million)
- 7.4.6. India
- 7.4.6.1. India Industrial Cooling System Market revenue, By Product,2016-2025 (USD Million)
- 7.4.6.2. India Industrial Cooling System Market revenue, By Application, 2016-2025 (USD Million)
- 7.4.7. Rest of Asia Pacific
- 7.4.7.1. Rest of Asia Pacific Industrial Cooling System Market revenue, By Product,2016-2025 (USD Million)
- 7.4.7.2. Rest of Asia Pacific Industrial Cooling System Market revenue, By Application, 2016-2025 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America Industrial Cooling System Market, 2016-2025 (USD Million)
- 7.5.2. Latin America Industrial Cooling System Market revenue, By Product,2016-2025 (USD Million)
- 7.5.3. Latin America Industrial Cooling System Market revenue, By Application, 2016-2025 (USD Million)
- 7.5.4. Brazil
- 7.5.4.1. Brazil Industrial Cooling System Market revenue, By Product,2016-2025 (USD Million)
- 7.5.4.2. Brazil Industrial Cooling System Market revenue, By Application, 2016-2025 (USD Million)
- 7.5.5. Rest of LatinAmerica
- 7.5.5.1. Rest of LatinAmerica Industrial Cooling System Market revenue, By Product,2016-2025 (USD Million)
- 7.5.5.2. Rest of LatinAmerica Industrial Cooling System Market revenue, By Application, 2016-2025 (USD Million)
- 7.6. The Middle East and Africa
- 7.6.1. The Middle East and Africa Industrial Cooling System Market, 2016-2025 (USD Million)
- 7.6.2. The Middle East and Africa Industrial Cooling System Market revenue, By Product,2016-2025 (USD Million)
- 7.6.3. The Middle East and Africa Industrial Cooling System Market revenue, By Application, 2016-2025 (USD Million)
- 7.1. Global Industrial Cooling System Market overview: by Region
- Chapter 8. Company Profiles
- 8.1. Bell Cooling Tower
- 8.1.1. Overview
- 8.1.2. Financials
- 8.1.3. Product Portfolio
- 8.1.4. Business Strategy
- 8.1.5. Recent Developments
- 8.2. Paharpur Cooling Towers
- 8.2.1. Overview
- 8.2.2. Financials
- 8.2.3. Product Portfolio
- 8.2.4. Business Strategy
- 8.2.5. Recent Developments
- 8.3. Baltimore Aircoil Company
- 8.3.1. Overview
- 8.3.2. Financials
- 8.3.3. Product Portfolio
- 8.3.4. Business Strategy
- 8.3.5. Recent Developments
- 8.4. STULZ GmbH
- 8.4.1. Overview
- 8.4.2. Financials
- 8.4.3. Product Portfolio
- 8.4.4. Business Strategy
- 8.4.5. Recent Developments
- 8.5. Brentwood Industries Inc.
- 8.5.1. Overview
- 8.5.2. Financials
- 8.5.3. Product Portfolio
- 8.5.4. Business Strategy
- 8.5.5. Recent Development
- 8.6. Star Cooling Towers Pvt. Ltd
- 8.6.1. Overview
- 8.6.2. Financials
- 8.6.3. Product Portfolio
- 8.6.4. Business Strategy
- 8.6.5. Recent Development
- 8.7. Hamon Group
- 8.7.1. Overview
- 8.7.2. Financials
- 8.7.3. Product Portfolio
- 8.7.4. Business Strategy
- 8.7.5. Recent Development
- 8.8. Johnson Controls Inc.
- 8.8.1. Overview
- 8.8.2. Financials
- 8.8.3. Product Portfolio
- 8.8.4. Business Strategy
- 8.8.5. Recent Development
- 8.9. SPIG S.p.A.,
- 8.9.1. Overview
- 8.9.2. Financials
- 8.9.3. Product Portfolio
- 8.9.4. Business Strategy
- 8.9.5. Recent Development
- 8.10. SPX Corporation
- 8.10.1. Overview
- 8.10.2. Financials
- 8.10.3. Product Portfolio
- 8.10.4. Business Strategy
- 8.10.5. Recent Development
- 8.1. Bell Cooling Tower
Methodology
FrequentlyAsked Questions
Industrial cooling systems regulate and lower equipment, processes, and spaces. It uses chillers, cooling towers, and heat exchangers to remove surplus heat from manufacturing and other industrial processes. These systems keep equipment cool, maintain ideal operating temperatures, and ensure effective output.
Increasing demand for energy-efficient cooling systems together with technological advancements is expected to increase the demand for industrial cooling systems.
The global industrial cooling system market size was worth around USD 18.44 billion in 2023 and is predicted to grow to around USD 28.61 billion by 2032.
The Asia Pacific dominated the industrial cooling system market share in 2018 and is expected to follow the same trend over the forecast years.
The key players operating in the global industrial cooling system market are Bell Cooling Tower, Paharpur Cooling Towers, Baltimore Aircoil Company, STULZ GmbH, Brentwood Industries Inc., Star Cooling Towers Pvt. Ltd, Hamon Group, Johnson Controls Inc., SPIG S.p.A., and SPX Corporation among others.
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