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2021
Industrial Cooling Systems Market

Industrial Cooling Systems Market by Product Type (Air Cooling, Evaporative Cooling, Water Cooling, and Hybrid Cooling), Function (Stationary Cooling, and Transport Cooling), and End-user Industry (Food & Beverage, Chemical, Pharmaceutical, Utility & Power, Oil & Gas, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A12451
Pages: 285
Oct 2021 | 912 Views
   
Author(s) : Amar Chinchane , Onkar Sumant
Tables: 141
Charts: 66
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The global industrial cooling systems market size was valued at $16,625.2 million in 2020, and is projected to reach $27,210.2 million by 2030, registering a CAGR of 5.0% from 2021 to 2030. Industrial cooling system are product or equipment which are installed in the working facility for cooling air. These systems are widely utilized in sectors such as metalworking, automotive, and chemical. These cooling system uses vapor compression to prevent the detrimental effects of excessive heat generated by various industrial equipment and components. Excessive heat in a manufacturing process can harm employees' health, equipment performance, and the quality of manufactured items or inventory products. 

The COVID 19 outbreak has affected the growth of the industrial cooling systems industry owing to the lockdown measure in the countries and delay in manufacturing and production of industrial cooling systems which are utilized in industries such as food and beverage, chemical, pharmaceutical, utility and power, oil and gas, and others.

Cooling equipment is used to maintain the optimum temperature of various components, production processes, and machinery. Preventing industrial equipment from overheating increases productivity and lowers maintenance costs. The demand for cooling equipment is increasing significantly across nuclear and thermal power facilities. The need for industrial cooling systems is projected to increase, as the demand for energy-efficient cooling systems grows in tandem with technological developments, which is likely to fuel the expansion of the industrial cooling system market in the coming years. 

Industrial-Cooling-Systems-Market-2021-2030

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The novel coronavirus has rapidly spread across various countries, causing enormous impact on lives of people and overall community. Originating as a crisis to human health, it now poses significant threat to worldwide trade, economy, and finance. Owing to continuous lockdowns implemented in key countries, the COVID-19 pandemic has halted production of many items in the industrial cooling systems business. Players in industrial cooling system market can afford a complete lockdown only for a limited period, after which they would have to alter their investment plans. Furthermore, number of COVID-19 cases are expected to reduce in the near term as vaccine for COVID-19 has been introduced in the market. This is further expected to lead to re-initiation of industrial cooling systems companies at their full-scale capacities, which would aid the industrial cooling system market to recover by the start of 2022. After COVID-19 infection instances start to decline, equipment and machinery producers must focus on protecting their staff, operations, and supply networks to respond to urgent emergencies and establish new methods of working.

Industrial Cooling Systems Market
By Product Type

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Air Cooling segment is projected to grow at a significant CAGR

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The automotive sector is expected to witness a significant growth in demand for cooling equipment, due to surge in demand for such systems to manage the temperature of machines, components, and equipment on the manufacturing site. To establish a successful production system and profit from the cost-effectiveness and efficiency advantage, the automobile sector employs advanced cooling equipment. The automobile industry is focusing on replacing obsolete cooling systems by several inventive and technical advances, as well as continuous improvements in cooling systems. For instance, in October 2020, Airedale launched TurboChill Hydro Range, which offers extensive cooling capacity. TurboChill Hydro offers versatility at a low price without sacrificing performance, with models ranging from 200 kW to 3000 kW. TurboChill Hydro is available in single and twin circuit configurations, and it was designed to work at both high and low water temperatures, with extra features for performance and efficiency.

Industrial Cooling Systems Market
By End User Industry

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Food and beverage segment holds dominant position in 2020

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The global industrial cooling systems market is segmented into product type, function, end-user industry, and region. By product type, the market is divided into air cooling, evaporative cooling, water cooling, and hybrid cooling. On the basis of function, it is segregated into stationary cooling, and transportation cooling. Depending on end-user industry, it is fragmented into food & beverages, chemical, pharmaceuticals, utility & power, oil & gas, and others. Region wise, the industrial cooling system market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Russia, Poland, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Competition Analysis

The key companies profiled in the industrial cooling systems market report include Airedale International Air Conditioning Ltd., Baltimore Aircoil Company, Brentwood Industries, Inc., Emerson Electric Co., GEA Group Aktiengesellschaft, Hamon Group S.A., Johnson Controls International PLC, Schneider Electric SE, SPX Corporation, and Star Cooling Tower Pvt Ltd. 

Industrial Cooling Systems Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific holds a dominant position in 2020 and LAMEA is expected to grow at a significant rate during the forecast period.

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Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current trends and emerging estimations and dynamics.  
  • In-depth emerging industrial cooling systems market analysis is conducted by constructing estimations for key market segments between 2021 and 2030. 
  • Extensive analysis of the emerging industrial cooling systems market is conducted by following key product positioning and monitoring of top competitors within the industrial cooling system market framework.
  • A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
  • The global emerging industrial cooling systems market forecast analysis from 2021 to 2030 is included in the report.
  • The key players within emerging industrial cooling systems market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the emerging industrial cooling systems industry. 

Global Industrial Cooling Systems Market Segments

Key Segments

By Product Type

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

By Function

  • Stationary Cooling
  • Transport Cooling 

By End-user Industry

  • Food & Beverage
  • Chemical
  • Pharmaceuticals 
  • Utility & Power
  • Oil & Gas
  • Others  

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Russia 
    • Poland 
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East 
    • Africa

Key Players

  • Airedale International Air Conditioning Ltd.
  • Baltimore Aircoil Company
  • Brentwood Industries, Inc.
  • Emerson Electric Co.
  • GEA Group Aktiengesellschaft
  • Hamon Group S.A.
  • Johnson Controls International PLC
  • Schneider Electric SE
  • SPX Corporation
  • Star Cooling Tower Pvt Ltd.
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.Market player positioning, 2020
3.4.Porter's five forces analysis
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Growth of Pharmaceutical Sector
3.5.1.2.Upgrading cold storage infrastructure across emerging economies
3.5.1.3.Rise in adoption of energy-efficient & eco-friendly refrigerants

3.5.2.Restraint

3.5.2.1.High energy costs for operation and maintenance of industrial refrigeration units
3.5.2.2.Stringent regulations related to usage of refrigerants

3.5.3.Opportunities

3.5.3.1.Use of IoT-enabled refrigeration solutions for equipment monitoring

3.6.COVID-19 Impact Analysis

CHAPTER 4:INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE

4.1.Overview

4.1.1.Market size and forecast, by product type

4.2.Air Cooling

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market size and forecast, by industrial air cooling systems type

4.2.3.1.Compressors
4.2.3.2.Condensers
4.2.3.3.Evaporators
4.2.3.4.Controls
4.2.3.5.Others

4.2.4.Market size and forecast, by country

4.3.Evaporative Cooling

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market size and forecast, by industrial evaporative cooling systems type

4.3.3.1.Compressors
4.3.3.2.Condensers
4.3.3.3.Evaporators
4.3.3.4.Controls
4.3.3.5.Others

4.3.4.Market size and forecast, by country

4.4.Water Cooling

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market size and forecast, by industrial water cooling systems type

4.4.3.1.Compressors
4.4.3.2.Condensers
4.4.3.3.Evaporators
4.4.3.4.Controls
4.4.3.5.Others

4.4.4.Market size and forecast, by country

4.5.Hybrid Cooling

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market size and forecast, by industrial hybrid cooling systems type

4.5.3.1.Compressors
4.5.3.2.Condensers
4.5.3.3.Evaporators
4.5.3.4.Controls
4.5.3.5.Others

4.5.4.Market size and forecast, by country

CHAPTER 5:INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION

5.1.Overview

5.1.1.Market size and forecast, by function

5.2.Stationary Cooling

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market size and forecast, by country

5.3.Transport Cooling

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market size and forecast, by country

CHAPTER 6:INDUSTRIAL COOLING SYSTEMS MARKET, BY END-USER INDUSTRY

6.1.Overview

6.1.1.Market size and forecast, by end-user industry

6.2.Food and Beverage

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market size and forecast, by country

6.3.Chemical

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market size and forecast, by country

6.4.Pharmaceutical

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market size and forecast, by country

6.5.Utility and Power

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market size and forecast, by country

6.6.Oil and gas

6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast, by region
6.6.3.Market size and forecast, by country

6.7.Others

6.7.1.Key market trends, growth factors, and opportunities
6.7.2.Market size and forecast, by region
6.7.3.Market size and forecast, by country

CHAPTER 7:INDUSTRIAL COOLING SYSTEMS MARKET, BY REGION

7.1.Market overview

7.1.1.Market size and forecast, by region

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.North America market size and forecast, by product type

7.2.2.1.Market size and forecast, by industrial air cooling systems type
7.2.2.2.Market size and forecast, by industrial evaporative cooling systems type
7.2.2.3.Market size and forecast, by industrial water cooling systems type
7.2.2.4.Market size and forecast, by industrial hybrid cooling systems type

7.2.3.North America market size and forecast, by function
7.2.4.North America market size and forecast, by end user industry
7.2.5.North America market size and forecast, by country

7.2.5.1.U.S.

7.2.5.1.1.U.S. market size and forecast, by product type
7.2.5.1.2.U.S. market size and forecast, by function
7.2.5.1.3.U.S. market size and forecast, by end user industry

7.2.5.2.Canada

7.2.5.2.1.Canada market size and forecast, by product type
7.2.5.2.2.Canada market size and forecast, by function
7.2.5.2.3.Canada market size and forecast, by end user industry

7.2.5.3.Mexico

7.2.5.3.1.Mexico market size and forecast, by product type
7.2.5.3.2.Mexico market size and forecast, by function
7.2.5.3.3.Mexico market size and forecast, by end user industry

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Europe market size and forecast, by product type

7.3.2.1.Market size and forecast, by industrial air cooling systems type
7.3.2.2.Market size and forecast, by industrial evaporative cooling systems type
7.3.2.3.Market size and forecast, by industrial water cooling systems type
7.3.2.4.Market size and forecast, by industrial hybrid cooling systems type

7.3.3.Europe market size and forecast, by function
7.3.4.Europe market size and forecast, by end user industry
7.3.5.Europe market size and forecast, by country

7.3.5.1.Germany

7.3.5.1.1.Germany market size and forecast, by product type
7.3.5.1.2.Germany market size and forecast, by function
7.3.5.1.3.Germany market size and forecast, by end user industry

7.3.5.2.France

7.3.5.2.1.France market size and forecast, by product type
7.3.5.2.2.France market size and forecast, by function
7.3.5.2.3.France market size and forecast, by end user industry

7.3.5.3.UK

7.3.5.3.1.UK market size and forecast, by product type
7.3.5.3.2.UK market size and forecast, by function
7.3.5.3.3.UK market size and forecast, by end user industry

7.3.5.4.Russia

7.3.5.4.1.Russia market size and forecast, by product type
7.3.5.4.2.Russia market size and forecast, by function
7.3.5.4.3.Russia market size and forecast, by end user industry

7.3.5.5.Poland

7.3.5.5.1.Poland market size and forecast, by product type
7.3.5.5.2.Poland market size and forecast, by function
7.3.5.5.3.Poland market size and forecast, by end user industry

7.3.5.6.Rest of Europe

7.3.5.6.1.Rest of Europe market size and forecast, by product type
7.3.5.6.2.Rest of Europe market size and forecast, by function
7.3.5.6.3.Rest of Europe market size and forecast, by end user industry

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Asia-Pacific market size and forecast, by product type

7.4.2.1.Market size and forecast, by industrial air cooling systems type
7.4.2.2.Market size and forecast, by industrial evaporative cooling systems type
7.4.2.3.Market size and forecast, by industrial water cooling systems type

7.4.2.4.Market size and forecast, by industrial hybrid cooling systems type

7.4.3.Asia-Pacific market size and forecast, by function
7.4.4.Asia-Pacific market size and forecast, by end user industry
7.4.5.Asia-Pacific market size and forecast, by country

7.4.5.1.China

7.4.5.1.1.China market size and forecast, by product type
7.4.5.1.2.China market size and forecast, by function
7.4.5.1.3.China market size and forecast, by end user industry

7.4.5.2.India

7.4.5.2.1.India market size and forecast, by product type
7.4.5.2.2.India market size and forecast, by function
7.4.5.2.3.India market size and forecast, by end user industry

7.4.5.3.Japan

7.4.5.3.1.Japan market size and forecast, by product type
7.4.5.3.2.Japan market size and forecast, by function
7.4.5.3.3.Japan market size and forecast, by end user industry

7.4.5.4.Australia

7.4.5.4.1.Australia market size and forecast, by product type
7.4.5.4.2.Australia market size and forecast, by function
7.4.5.4.3.Australia market size and forecast, by end user industry

7.4.5.5.Rest of Asia-Pacific

7.4.5.5.1.Rest of Asia-Pacific market size and forecast, by product type
7.4.5.5.2.Rest of Asia-Pacific market size and forecast, by function
7.4.5.5.3.Rest of Asia-Pacific market size and forecast, by end user industry

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.LAMEA market size and forecast, by product type

7.5.2.1.Market size and forecast, by industrial air cooling systems type
7.5.2.2.Market size and forecast, by industrial evaporative cooling systems type
7.5.2.3.Market size and forecast, by industrial water cooling systems type
7.5.2.4.Market size and forecast, by industrial hybrid cooling systems type

7.5.3.LAMEA market size and forecast, by function
7.5.4.LAMEA market size and forecast, by end user industry
7.5.5.LAMEA market size and forecast, by country

7.5.5.1.Latin America

7.5.5.1.1.Latin America market size and forecast, by product type
7.5.5.1.2.Latin America market size and forecast, by function
7.5.5.1.3.Latin America market size and forecast, by end user industry

7.5.5.2.Middle East

7.5.5.2.1.Middle East market size and forecast, by product type
7.5.5.2.2.Middle East market size and forecast, by function
7.5.5.2.3.Middle East market size and forecast, by end user industry

7.5.5.3.Africa

7.5.5.3.1.Africa market size and forecast, by product type
7.5.5.3.2.Africa market size and forecast, by function
7.5.5.3.3.Africa market size and forecast, by end user industry

CHAPTER 8:COMPANY PROFILES

8.1.AIREDALE INTERNATIONAL AIR CONDITIONING LTD.

8.1.1.Company overview
8.1.2.Key executive
8.1.3.Company snapshot
8.1.4.Operating business segments
8.1.5.Product portfolio
8.1.6.Key strategic moves and developments

8.2.BALTIMORE AIRCOIL COMPANY

8.2.1.Company overview
8.2.2.Key executive
8.2.3.Company snapshot
8.2.4.Operating business segments
8.2.5.Product portfolio
8.2.6.Key strategic moves and developments

8.3.BRENTWOOD INDUSTRIES, INC.

8.3.1.Company overview
8.3.2.Key executive
8.3.3.Company snapshot
8.3.4.Operating business segments
8.3.5.Product portfolio
8.3.6.Key strategic moves and developments

8.4.EMERSON ELECTRIC CO.

8.4.1.Company overview
8.4.2.Key executive
8.4.3.Company snapshot
8.4.4.Operating business segments
8.4.5.Product portfolio
8.4.6.R&D expenditure
8.4.7.Business performance
8.4.8.Key strategic moves and developments

8.5.GEA GROUP AKTIENGESELLSCHAFT

8.5.1.Company overview
8.5.2.Key executive
8.5.3.Company snapshot
8.5.4.Operating business segments
8.5.5.Product portfolio
8.5.6.R&D expenditure
8.5.7.Business performance
8.5.8.Key strategic moves and developments

8.6.HAMON GROUP S.A.

8.6.1.Company overview
8.6.2.Key executive
8.6.3.Company snapshot
8.6.4.Operating business segments
8.6.5.Product portfolio
8.6.6.Business performance
8.6.7.Key strategic moves and developments

8.7.JOHNSON CONTROLS INTERNATIONAL PLC

8.7.1.Company overview
8.7.2.Key executive
8.7.3.Company snapshot
8.7.4.Operating business segments
8.7.5.Product portfolio
8.7.6.R&D expenditure
8.7.7.Business performance
8.7.8.Key strategic moves and developments

8.8.SCHNEIDER ELECTRIC SE

8.8.1.Company overview
8.8.2.Key executive
8.8.3.Company snapshot
8.8.4.Operating business segments
8.8.5.Product portfolio
8.8.6.R&D expenditure
8.8.7.Business performance

8.9.SPX CORPORATION

8.9.1.Company overview
8.9.2.Key executive
8.9.3.Company snapshot
8.9.4.Operating business segments
8.9.5.Product portfolio
8.9.6.Business performance

8.10.STAR COOLING TOWER PVT LTD.

8.10.1.Company overview
8.10.2.Key executive
8.10.3.Company snapshot
8.10.4.Product portfolio

LIST OF TABLES

TABLE 01.INDUSTRIAL COOLING SYSTEMS MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 02.INDUSTRIAL AIR COOLING SYSTEMS MARKET REVENUE, BY REGION, 2020–2030 ($MILLION)
TABLE 03.INDUSTRIAL AIR COOLING SYSTEMS MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
TABLE 04.INDUSTRIAL EVAPORATIVE COOLING SYSTEMS MARKET REVENUE, BY REGION, 2020–2030 ($MILLION)
TABLE 05.INDUSTRIAL EVAPORATIVE COOLING SYSTEMS MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
TABLE 06.INDUSTRIAL WATER COOLING SYSTEMS MARKET REVENUE, BY REGION, 2020–2030 ($MILLION)
TABLE 07.INDUSTRIAL WATER COOLING SYSTEMS MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
TABLE 08.INDUSTRIAL HYBRID COOLING SYSTEMS MARKET REVENUE, BY REGION, 2020–2030 ($MILLION)
TABLE 09.INDUSTRIAL HYBRID COOLING SYSTEMS MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
TABLE 10.INDUSTRIAL COOLING SYSTEMS MARKET REVENUE, BY FUNCTION, 2020–2030 ($MILLION)
TABLE 11.INDUSTRIAL STATIONARY COOLING SYSTEMS MARKET REVENUE, BY REGION, 2020–2030 ($MILLION)
TABLE 12.INDUSTRIAL TRANSPORT COOLING SYSTEMS MARKET REVENUE, BY REGION, 2020–2030 ($MILLION)
TABLE 13.INDUSTRIAL COOLING SYSTEMS MARKET REVENUE, BY END-USER INDUSTRY , 2020–2030 ($MILLION)
TABLE 14.INDUSTRIAL COOLING SYSTEMS MARKET REVENUE FOR FOOD AND BEVERAGE, BY REGION, 2020–2030 ($MILLION)
TABLE 15.INDUSTRIAL COOLING SYSTEMS MARKET FOR CHEMICAL, BY REGION, 2020–2030 ($MILLION)
TABLE 16.INDUSTRIAL COOLING SYSTEMS MARKET REVENUE FOR PHARMACEUTICAL, BY REGION, 2020–2030 ($MILLION)
TABLE 17.INDUSTRIAL COOLING SYSTEMS MARKET REVENUE FOR UTILITY AND POWER, BY REGION, 2020–2030 ($MILLION)
TABLE 18.INDUSTRIAL COOLING SYSTEMS MARKET REVENUE FOR OIL AND GAS, BY REGION, 2020–2030 ($MILLION)
TABLE 19.INDUSTRIAL COOLING SYSTEMS MARKET REVENUE FOR OTHERS, BY REGION, 2020–2030 ($MILLION)
TABLE 20.INDUSTRIAL COOLING SYSTEMS MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 21.NORTH AMERICA INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 22.NORTH AMERICA  INDUSTRIAL AIR COOLING SYSTEMS MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
TABLE 23.NORTH AMERICA INDUSTRIAL EVAPORATIVE COOLING SYSTEMS MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
TABLE 24.NORTH AMERICA INDUSTRIAL WATER COOLING SYSTEMS MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
TABLE 25.NORTH AMERICA INDUSTRIAL HYBRID COOLING SYSTEMS MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
TABLE 26.NORTH AMERICA INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION, 2020–2030 ($MILLION)
TABLE 27.NORTH AMERICA INDUSTRIAL COOLING SYSTEMS MARKET, BY END USER INDUSTRY, 2020–2030 ($MILLION)
TABLE 28.NORTH AMERICA INDUSTRIAL COOLING SYSTEMS MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 29.U.S. INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 30.U.S. INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION, 2020–2030 ($MILLION)
TABLE 31.U.S. INDUSTRIAL COOLING SYSTEMS MARKET, BY END USER INDUSTRY, 2020–2030 ($MILLION)
TABLE 32.CANADA INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 33.CANADA INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION, 2020–2030 ($MILLION)
TABLE 34.CANADA INDUSTRIAL COOLING SYSTEMS MARKET, BY END USER INDUSTRY, 2020–2030 ($MILLION)
TABLE 35.MEXICO INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 36.MEXICO INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION, 2020–2030 ($MILLION)
TABLE 37.MEXICO INDUSTRIAL COOLING SYSTEMS MARKET, BY END USER INDUSTRY, 2020–2030 ($MILLION)
TABLE 38.EUROPE INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 39.EUROPE  INDUSTRIAL AIR COOLING SYSTEMS MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
TABLE 40.EUROPE INDUSTRIAL EVAPORATIVE COOLING SYSTEMS MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
TABLE 41.EUROPE INDUSTRIAL WATER COOLING SYSTEMS MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
TABLE 42.EUROPE INDUSTRIAL HYBRID COOLING SYSTEMS MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
TABLE 43.EUROPE INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION, 2020–2030 ($MILLION)
TABLE 44.EUROPE INDUSTRIAL COOLING SYSTEMS MARKET, BY END USER INDUSTRY, 2020–2030 ($MILLION)
TABLE 45.EUROPE INDUSTRIAL COOLING SYSTEMS MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 46.GERMANY INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 47.GEMRNAY INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION, 2020–2030 ($MILLION)
TABLE 48.GERMANY INDUSTRIAL COOLING SYSTEMS MARKET, BY END USER INDUSTRY, 2020–2030 ($MILLION)
TABLE 49.FRANCE INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 50.FRANCE INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION, 2020–2030 ($MILLION)
TABLE 51.FRANCE INDUSTRIAL COOLING SYSTEMS MARKET, BY END USER INDUSTRY, 2020–2030 ($MILLION)
TABLE 52.UK INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 53.UK INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION, 2020–2030 ($MILLION)
TABLE 54.UK INDUSTRIAL COOLING SYSTEMS MARKET, BY END USER INDUSTRY, 2020–2030 ($MILLION)
TABLE 55.RUSSIA INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 56.RUSSIA INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION, 2020–2030 ($MILLION)
TABLE 57.RUSSIA INDUSTRIAL COOLING SYSTEMS MARKET, BY END USER INDUSTRY, 2020–2030 ($MILLION)
TABLE 58.POLAND INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 59.POLAND INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION, 2020–2030 ($MILLION)
TABLE 60.POLAND INDUSTRIAL COOLING SYSTEMS MARKET, BY END USER INDUSTRY, 2020–2030 ($MILLION)
TABLE 61.REST OF EUROPE INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 62.REST OF EUROPE INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION, 2020–2030 ($MILLION)
TABLE 63.REST OF EUROPE INDUSTRIAL COOLING SYSTEMS MARKET, BY END USER INDUSTRY, 2020–2030 ($MILLION)
TABLE 64.ASIA-PACIFIC INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 65.ASIA-PACIFIC INDUSTRIAL AIR COOLING SYSTEMS MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
TABLE 66.ASIA-PACIFIC INDUSTRIAL EVAPORATIVE COOLING SYSTEMS MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
TABLE 67.ASIA-PACIFIC INDUSTRIAL WATER COOLING SYSTEMS MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
TABLE 68.ASIA-PACIFIC INDUSTRIAL HYBRID COOLING SYSTEMS MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
TABLE 69.ASIA-PACIFIC INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION, 2020–2030 ($MILLION)
TABLE 70.ASIA-PACIFIC INDUSTRIAL COOLING SYSTEMS MARKET, BY END USER INDUSTRY, 2020–2030 ($MILLION)
TABLE 71.ASIA-PACIFIC INDUSTRIAL COOLING SYSTEMS MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 72.CHINA INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 73.CHINA INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION, 2020–2030 ($MILLION)
TABLE 74.CHINA INDUSTRIAL COOLING SYSTEMS MARKET, BY END USER INDUSTRY, 2020–2030 ($MILLION)
TABLE 75.INDIA INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 76.INDIA INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION, 2020–2030 ($MILLION)
TABLE 77.INDIA INDUSTRIAL COOLING SYSTEMS MARKET, BY END USER INDUSTRY, 2020–2030 ($MILLION)
TABLE 78.JAPAN INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 79.JAPAN INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION, 2020–2030 ($MILLION)
TABLE 80.JAPAN INDUSTRIAL COOLING SYSTEMS MARKET, BY END USER INDUSTRY, 2020–2030 ($MILLION)
TABLE 81.AUSTRALIA INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 82.AUSTRALIA INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION, 2020–2030 ($MILLION)
TABLE 83.AUSTRALIA INDUSTRIAL COOLING SYSTEMS MARKET, BY END USER INDUSTRY, 2020–2030 ($MILLION)
TABLE 84.REST OF ASIA-PACIFIC INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 85.REST OF ASIA-PACIFIC INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION, 2020–2030 ($MILLION)
TABLE 86.REST OF ASIA-PACIFIC INDUSTRIAL COOLING SYSTEMS MARKET, BY END USER INDUSTRY, 2020–2030 ($MILLION)
TABLE 87.LAMEA INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 88.LAMEA INDUSTRIAL AIR COOLING SYSTEMS MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
TABLE 89.LAMEA INDUSTRIAL EVAPORATIVE COOLING SYSTEMS MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
TABLE 90.LAMEA INDUSTRIAL WATER COOLING SYSTEMS MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
TABLE 91.LAMEA INDUSTRIAL HYBRID COOLING SYSTEMS MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
TABLE 92.LAMEA INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION, 2020–2030 ($MILLION)
TABLE 93.LAMEA INDUSTRIAL COOLING SYSTEMS MARKET, BY END USER INDUSTRY, 2020–2030 ($MILLION)
TABLE 94.LATIN AMERICA INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 95.LATIN AMERICA INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION, 2020–2030 ($MILLION)
TABLE 96.LATIN AMERICA INDUSTRIAL COOLING SYSTEMS MARKET, BY END USER INDUSTRY, 2020–2030 ($MILLION)
TABLE 97.MIDDLE EAST INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 98.MIDDLE EAST INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION, 2020–2030 ($MILLION)
TABLE 99.MIDDLE EAST INDUSTRIAL COOLING SYSTEMS MARKET, BY END USER INDUSTRY, 2020–2030 ($MILLION)
TABLE 100.AFRICA INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 101.AFRICA INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION, 2020–2030 ($MILLION)
TABLE 102.AFRICA INDUSTRIAL COOLING SYSTEMS MARKET, BY END USER INDUSTRY, 2020–2030 ($MILLION)
TABLE 103.AIREDALE INTERNATIONAL: KEY EXECUTIVE
TABLE 104.AIREDALE INTERNATIONAL: COMPANY SNAPSHOT
TABLE 105.AIREDALE INTERNATIONAL: OPERATING SEGMENTS
TABLE 106.AIREDALE INTERNATIONAL: PRODUCT PORTFOLIO
TABLE 107.BALTIMORE AIRCOIL: KEY EXECUTIVE
TABLE 108.BALTIMORE AIRCOIL: COMPANY SNAPSHOT
TABLE 109.BALTIMORE AIRCOIL: OPERATING SEGMENTS
TABLE 110.BALTIMORE AIRCOIL: PRODUCT PORTFOLIO
TABLE 111.BRENTWOOD: KEY EXECUTIVE
TABLE 112.BRENTWOOD: COMPANY SNAPSHOT
TABLE 113.BALTIMORE: OPERATING SEGMENTS
TABLE 114.BRENTWOOD: PRODUCT PORTFOLIO
TABLE 115.EMERSON: KEY EXECUTIVE
TABLE 116.EMERSON: COMPANY SNAPSHOT
TABLE 117.EMERSON: OPERATING SEGMENTS
TABLE 118.EMERSON: PRODUCT PORTFOLIO
TABLE 119.GEA GROUP: KEY EXECUTIVE
TABLE 120.GEA GROUP: COMPANY SNAPSHOT
TABLE 121.GEA GROUP: OPERATING SEGMENTS
TABLE 122.GEA GROUP: PRODUCT PORTFOLIO
TABLE 123.HAMON: KEY EXECUTIVE
TABLE 124.HAMON: COMPANY SNAPSHOT
TABLE 125.HAMON: OPERATING SEGMENTS
TABLE 126.HAMON: PRODUCT PORTFOLIO
TABLE 127.JOHNSON CONTROLS: KEY EXECUTIVE
TABLE 128.JOHNSON CONTROLS: COMPANY SNAPSHOT
TABLE 129.JOHNSON CONTROLS: OPERATING SEGMENTS
TABLE 130.JOHNSON CONTROLS: PRODUCT PORTFOLIO
TABLE 131.SCHNEIDER: KEY EXECUTIVE
TABLE 132.SCHNEIDER: COMPANY SNAPSHOT
TABLE 133.SCHNEIDER: OPERATING SEGMENTS
TABLE 134.SCHNEIDER: PRODUCT PORTFOLIO
TABLE 135.SPX CORPORATION: KEY EXECUTIVE
TABLE 136.SPX CORPORATION: COMPANY SNAPSHOT
TABLE 137.SPX CORPORATION: OPERATING SEGMENTS
TABLE 138.SPX CORPORATION: PRODUCT PORTFOLIO
TABLE 139.STAR COOLING TOWER: KEY EXECUTIVE
TABLE 140.STAR COOLING TOWER: COMPANY SNAPSHOT
TABLE 141.STAR COOLING TOWER: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.TOP WINNING STRATEGIES, BY YEAR, 2019–2021
FIGURE 05.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2019–2021 (%)
FIGURE 06.TOP WINNING STRATEGIES, BY COMPANY, 2019–2021
FIGURE 07.MARKET PLAYER POSITIONING, 2020
FIGURE 08.LOW TO MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 09.LOW-TO-MODERATE BARGAINING POWER OF BUYERS
FIGURE 10.MODERATE-TO-HIGH THREAT OF SUBSTITUTES
FIGURE 11.MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 12.LOW-TO-MODERATE INTENSITY OF RIVALRY
FIGURE 13.INDUSTRIAL COOLING SYSTEMS MARKET, BY PRODUCT TYPE, 2020–2030 (%)
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF INDUSTRIAL AIR COOLING SYSTEMS MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF INDUSTRIAL EVAPORATIVE COOLING SYSTEMS MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF INDUSTRIAL WATER COOLING SYSTEMS MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF INDUSTRIAL HYBRID COOLING SYSTEMS MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 18.INDUSTRIAL COOLING SYSTEMS MARKET, BY FUNCTION, 2020–2030 (%)
FIGURE 19.COMAPARATIVE SHARE ANALYSIS OF INDUSTRIAL STATIONARY COOLING SYSTEMS MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF INDUSTRIAL TRANSPORT COOLING SYSTEMS MARKET, BY COUNTRY, 2020–2030 (%)
 FIGURE 21.INDUSTRIAL COOLING SYSTEMS MARKET, BY END-USER INDUSTRY , 2020–2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF INDUSTRIAL COOLING SYSTEMS MARKET FOR FOOD AND BEVERAGE, BY COUNTRY, 2020–2030 (%)
 FIGURE 23.COMPARATIVE SHARE ANALYSIS OF INDUSTRIAL COOLING SYSTEMS MARKET FOR CHEMICAL, BY COUNTRY, 2020–2030 (%)
 FIGURE 24.COMPARATIVE SHARE ANALYSIS OF INDUSTRIAL COOLING SYSTEMS MARKET FOR PHARMACEUTICAL, BY COUNTRY, 2020–2030 (%)
 FIGURE 25.COMPARATIVE SHARE ANALYSIS INDUSTRIAL COOLING SYSTEMS MARKET FOR UTILITY AND POWER, BY COUNTRY, 2020–2030 (%)
 FIGURE 26.COMPARATIVE SHARE ANALYSIS OF INDUSTRIAL COOLING SYSTEMS MARKET FOR OIL AND GAS, BY COUNTRY, 2020–2030 (%)
 FIGURE 27.COMPARATIVE SHARE ANALYSIS OF INDUSTRIAL COOLING SYSTEMS MARKET FOR OTHERS, BY COUNTRY, 2020–2030 (%)
 FIGURE 28.INDUSTRIAL COOLING SYSTEMS MARKET, BY REGION, 2020–2030
FIGURE 29.U.S. INDUSTRIAL COOLING SYSTEMS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 30.CANADA INDUSTRIAL COOLING SYSTEMS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 31.MEXICO INDUSTRIAL COOLING SYSTEMS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 32.GERMANY INDUSTRIAL COOLING SYSTEMS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 33.FRANCE INDUSTRIAL COOLING SYSTEMS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 34.UK INDUSTRIAL COOLING SYSTEMS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 35.RUSSIA INDUSTRIAL COOLING SYSTEMS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 36.POLAND INDUSTRIAL COOLING SYSTEMS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 37.REST OF EUROPE INDUSTRIAL COOLING SYSTEMS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 38.CHINA INDUSTRIAL COOLING SYSTEMS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 39.INDIA INDUSTRIAL COOLING SYSTEMS MARKET REVENUE, 2020-2030 ($MILLION)
 FIGURE 40.JAPAN INDUSTRIAL COOLING SYSTEMS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 41.AUSTRALIA INDUSTRIAL COOLING SYSTEMS MARKET REVENUE, 2020-2030 ($MILLION)
 FIGURE 42.REST OF ASIA-PACIFIC INDUSTRIAL COOLING SYSTEMS MARKET REVENUE, 2020-2030 ($MILLION)
 FIGURE 43.LATIN AMERICA INDUSTRIAL COOLING SYSTEMS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 44.MIDDLE EAST INDUSTRIAL COOLING SYSTEMS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 45.AFRICA INDUSTRIAL COOLING SYSTEMS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 46.EMERSON: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 47.EMERSON: REVENUE, 2018–2020 ($MILLION)
FIGURE 48.EMERSON: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 49.EMERSON: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 50.GEA GROUP: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 51.GEA GROUP: REVENUE, 2018–2020 ($MILLION)
FIGURE 52.GEA GROUP: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 53.GEA GROUP: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 54.HAMON GROUP: REVENUE, 2018–2020 ($MILLION)
FIGURE 55.HAMON GROUP: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 56.HAMON GROUP: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 57.JOHNSON CONTROLS: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 58.JOHNSON CONTROLS: REVENUE, 2018–2020 ($MILLION)
FIGURE 59.JOHNSON CONTROLS: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 60.JOHNSON CONTROLS: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 61.SCHNEIDER: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 62.SCHNEIDER: REVENUE, 2018–2020 ($MILLION)
FIGURE 63.SCHNEIDER: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 64.SCHNEIDER: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 65.SPX CORPORATION: REVENUE, 2018–2020 ($MILLION)
FIGURE 66.SPX CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)

 
 

The purpose of a cooling system is to remove heat from a process or factory. In the oil & gas sector, many different types of cooling systems are used such as evaporative cooling, dry cooling, and compression cooling. A systems approach should be utilized to find possible savings and performance enhancements to maximize the efficiency of a cooling system.

In coal-fired power plants, cooling systems are critical. These recirculating systems condense water and repurpose it for the cooling process in facilities that generate electricity. The need for industrial cooling systems is increasing as more manufacturing units are established in industrialized nations. Furthermore, major businesses are focusing on latest and advanced cooling systems for such applications. For instance, in August 2021, Emerson introduced its new Copeland 110cc variable speed scroll compressor with a 36 kW inverter drive. These new solutions are designed to conserve energy and enhance the environment in a variety of air conditioning applications in plants and manufacturing, including wet and dry chillers and package air conditioners.

These new products are more technologically sophisticated and work more efficiently than their prior product line, Hence, they are extensively employed in several end-user industries.

 

 

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A. The Industrial cooling systems market size was valued at $16,625.2 million in 2020.

A. Based on product type, the evaporative cooling holds the maximum market share of the Industrial cooling systems market in 2020.

A. The Industrial cooling systems market is projected to reach $27,210.2 million by 2030.

A. Rapid rise in industrial sector and rising concern about indoor air quality are the key trends in the Industrial cooling systems market.

A. The product launch is key growth strategy of Industrial cooling systems industry players.

A. The company profile has been selected on factors such as geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.

A. High product cost are the effecting factor for Industrial cooling systems market.

A. The end user industry of Industrial cooling systems include in food & beverages, chemical, pharmaceutical, utility & power, oil and gas and others.

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