Machinery and Equipment

Industrial Cooling Systems Market Size To Cross USD 31.75 Bn By 2030

The global industrial cooling system market size accounted for US$ 19.77 Bn in 2022 and is projected to reach around USD 31.75 Bn by 2030, growing at a CAGR of 6.1% from 2022 to 2030.

Industrial Cooling Systems Market Size 2022 To 2030

Report Summary

The global industrial cooling system market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.

The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the industrial cooling system market across the globe.

A comprehensive estimate on the industrial cooling system market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of industrial cooling system during the forecast period. Price point comparison by region with global average price is also considered in the study.

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Industrial Cooling Systems Market Report Scope 

Report Coverage Details
Market Size in 2022 USD 19.77 Billion
Market Size by 2030 USD 31.75 Billion
Growth Rate from 2022 to 2030 CAGR of 6.1%
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered
  • By Product Type
  • By Function
  • By End-User

Key Highlights:

Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized industrial cooling system market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.

Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.

Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.

Also Read:  Bitumen Market Size To Cross USD 146.21Bn By 2030

Industrial Cooling Systems Market Players

The report includes the profiles of key industrial cooling system market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.

Major companies operating in this area

  • SPX Corporation
  • Hamon Group
  • Johnson Controls Inc.
  • Airedale International Air Conditioning Ltd.
  • American Power Conversion Corporation (APC)
  • Black Box Corporation Emerson Electric Co.
  • Rittal GmbH & Co. KG
  • SPIG S.P.A.
  • Paharpur Cooling Towers Limited
  • Baltimore Aircoil Company Inc.
  • EVAPCO Inc.
  • Brentwood Industries, Inc.
  • Star Cooling Towers Pvt. Ltd.
  • ENEXIO
  • Bell Cooling Towers and Mesan Group

Market Segmentation

By Product Type 

  • Hybrid Cooling
  • Water Cooling
  • Air Cooling
  • Evaporative Cooling

By Function 

  • Transport Cooling
  • Stationary Cooling

By End-User

  • Utility and Power
  • Chemical
  • Food & Beverage
  • Chemical
  • Pharmaceutical
  • Oil and Gas
  • Others

Regional Segmentation

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to-face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
  • In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Industrial Cooling Systems Market 

5.1. COVID-19 Landscape: Industrial Cooling Systems Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Industrial Cooling Systems Market, By Product Type

8.1. Industrial Cooling Systems Market, by Product Type, 2022-2030

8.1.1 Hybrid Cooling

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Water Cooling

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Air Cooling

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Evaporative Cooling

8.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Industrial Cooling Systems Market, By Function

9.1. Industrial Cooling Systems Market, by Function, 2022-2030

9.1.1. Transport Cooling

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Stationary Cooling

9.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Industrial Cooling Systems Market, By End-User 

10.1. Industrial Cooling Systems Market, by End-User, 2022-2030

10.1.1. Utility and Power

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Chemical

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. Food & Beverage

10.1.3.1. Market Revenue and Forecast (2017-2030)

10.1.4. Chemical

10.1.4.1. Market Revenue and Forecast (2017-2030)

10.1.5. Pharmaceutical

10.1.5.1. Market Revenue and Forecast (2017-2030)

10.1.6. Oil and Gas

10.1.6.1. Market Revenue and Forecast (2017-2030)

10.1.7. Others

10.1.7.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Industrial Cooling Systems Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Product Type (2017-2030)

11.1.2. Market Revenue and Forecast, by Function (2017-2030)

11.1.3. Market Revenue and Forecast, by End-User (2017-2030)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Product Type (2017-2030)

11.1.4.2. Market Revenue and Forecast, by Function (2017-2030)

11.1.4.3. Market Revenue and Forecast, by End-User (2017-2030)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Product Type (2017-2030)

11.1.5.2. Market Revenue and Forecast, by Function (2017-2030)

11.1.5.3. Market Revenue and Forecast, by End-User (2017-2030)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Product Type (2017-2030)

11.2.2. Market Revenue and Forecast, by Function (2017-2030)

11.2.3. Market Revenue and Forecast, by End-User (2017-2030)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Product Type (2017-2030)

11.2.4.2. Market Revenue and Forecast, by Function (2017-2030)

11.2.4.3. Market Revenue and Forecast, by End-User (2017-2030)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Product Type (2017-2030)

11.2.5.2. Market Revenue and Forecast, by Function (2017-2030)

11.2.5.3. Market Revenue and Forecast, by End-User (2017-2030)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Product Type (2017-2030)

11.2.6.2. Market Revenue and Forecast, by Function (2017-2030)

11.2.6.3. Market Revenue and Forecast, by End-User (2017-2030)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Product Type (2017-2030)

11.2.7.2. Market Revenue and Forecast, by Function (2017-2030)

11.2.7.3. Market Revenue and Forecast, by End-User (2017-2030)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Product Type (2017-2030)

11.3.2. Market Revenue and Forecast, by Function (2017-2030)

11.3.3. Market Revenue and Forecast, by End-User (2017-2030)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Product Type (2017-2030)

11.3.4.2. Market Revenue and Forecast, by Function (2017-2030)

11.3.4.3. Market Revenue and Forecast, by End-User (2017-2030)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Product Type (2017-2030)

11.3.5.2. Market Revenue and Forecast, by Function (2017-2030)

11.3.5.3. Market Revenue and Forecast, by End-User (2017-2030)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Product Type (2017-2030)

11.3.6.2. Market Revenue and Forecast, by Function (2017-2030)

11.3.6.3. Market Revenue and Forecast, by End-User (2017-2030)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Product Type (2017-2030)

11.3.7.2. Market Revenue and Forecast, by Function (2017-2030)

11.3.7.3. Market Revenue and Forecast, by End-User (2017-2030)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Product Type (2017-2030)

11.4.2. Market Revenue and Forecast, by Function (2017-2030)

11.4.3. Market Revenue and Forecast, by End-User (2017-2030)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Product Type (2017-2030)

11.4.4.2. Market Revenue and Forecast, by Function (2017-2030)

11.4.4.3. Market Revenue and Forecast, by End-User (2017-2030)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Product Type (2017-2030)

11.4.5.2. Market Revenue and Forecast, by Function (2017-2030)

11.4.5.3. Market Revenue and Forecast, by End-User (2017-2030)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Product Type (2017-2030)

11.4.6.2. Market Revenue and Forecast, by Function (2017-2030)

11.4.6.3. Market Revenue and Forecast, by End-User (2017-2030)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Product Type (2017-2030)

11.4.7.2. Market Revenue and Forecast, by Function (2017-2030)

11.4.7.3. Market Revenue and Forecast, by End-User (2017-2030)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Product Type (2017-2030)

11.5.2. Market Revenue and Forecast, by Function (2017-2030)

11.5.3. Market Revenue and Forecast, by End-User (2017-2030)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Product Type (2017-2030)

11.5.4.2. Market Revenue and Forecast, by Function (2017-2030)

11.5.4.3. Market Revenue and Forecast, by End-User (2017-2030)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Product Type (2017-2030)

11.5.5.2. Market Revenue and Forecast, by Function (2017-2030)

11.5.5.3. Market Revenue and Forecast, by End-User (2017-2030)

Chapter 12. Company Profiles

12.1. SPX Corporation

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Hamon Group

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Johnson Controls Inc.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Airedale International Air Conditioning Ltd.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. American Power Conversion Corporation (APC)

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Black Box Corporation Emerson Electric Co.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Rittal GmbH & Co. KG

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. SPIG S.P.A.

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Paharpur Cooling Towers Limited

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Baltimore Aircoil Company Inc.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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