냉각탑 시장, 기회, 성장 촉진요인, 산업 동향 분석과 예측(2024-2032년)

The Global Cooling Tower Market was valued at USD 3 billion and is projected to expand at a CAGR of 4.6% from 2024 to 2032, driven by the surging demand for energy-efficient cooling solutions across diverse industries.

Energy efficiency stands out as a pivotal trend, with industries keen on curbing operational costs and adhering to regulatory mandates. Modern cooling tower designs, incorporating cutting-edge materials and technologies, are not only boosting thermal performance but also slashing energy consumption. The adoption of variable frequency drives (VFDs) is on the rise, allowing for fan speed optimization based on cooling load needs, thereby enhancing energy efficiency. Moreover, the advent of the Internet of Things (IoT) is revolutionizing cooling tower functionalities. According to Exploding Topics, globally, there are now well over 14 billion connected IoT devices. With sensors and monitoring systems, these smart cooling towers facilitate real-time data collection and analysis, paving the way for predictive maintenance and heightened operational efficiency.

The Global Cooling Tower Industry is classified based on product, technology, design, build, construction material, flow, application and region.

Segmenting by product, the evaporative/wet category is projected to exceed USD 2.3 billion by 2032, thanks to its unmatched cooling efficiency and reduced operational costs. Harnessing the natural evaporation process, these systems excel in dissipating heat, making them a top choice across industries. Their adoption is surging, especially in power generation, HVAC, and manufacturing sectors, all driven by the quest for energy-efficient solutions.

From a technological standpoint, the open circuit segment of the cooling tower market is set to witness a CAGR of 4.2% by 2032. This system's efficiency and cost-effectiveness are major draws. By utilizing ambient air for water cooling, which is then cycled back into industrial processes, open circuit cooling towers ensure effective heat dissipation. This makes them ideal for expansive applications in power generation, chemical processing, and HVAC sectors. The global push for energy efficiency and environmental sustainability further accelerates the adoption of these systems.

Asia Pacific Cooling Tower Industry is on track to exceed USD 2.4 billion by 2032, attributed to the region's swift industrialization, urban growth, and escalating energy needs. As manufacturing and power generation sectors expand, the demand for efficient cooling solutions intensifies. Furthermore, the burgeoning data center industry and infrastructure projects, especially in China and India, are propelling market expansion. With tightening environmental regulations and a strong emphasis on energy efficiency, industries are increasingly turning to advanced cooling technologies, notably evaporative and hybrid systems.

Table of Contents

Chapter 1 Methodology and Scope

• 1.1 Market definitions
• 1.2 Base estimates and calculations
• 1.3 Forecast calculation
• 1.4 Data sources
  • 1.4.1 Primary
  • 1.4.2 Secondary
    • 1.4.2.1 Paid
    • 1.4.2.2 Public

Chapter 2 Executive Summary

• 2.1 Industry 360° synopsis, 2019 - 2032

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Vendor matrix
• 3.2 Regulatory landscape
• 3.3 Industry impact forces
  • 3.3.1 Growth drivers
  • 3.3.2 Industry pitfalls and challenges
• 3.4 Growth potential analysis
• 3.5 Porter's analysis
  • 3.5.1 Bargaining power of suppliers
  • 3.5.2 Bargaining power of buyers
  • 3.5.3 Threat of new entrants
  • 3.5.4 Threat of substitutes
• 3.6 PESTEL analysis

Chapter 4 Competitive landscape, 2023

• 4.1 Strategic dashboard
• 4.2 Innovation and sustainability landscape

Chapter 5 Market Size and Forecast, By Product, 2021 - 2032 (USD Million, Units)

• 5.1 Key trends
• 5.2 Evaporative/Wet
• 5.3 Dry
• 5.4 Hybrid

Chapter 6 Market Size and Forecast, By Technology, 2021 - 2032 (USD Million, Units)

• 6.1 Key trends
• 6.2 Open circuit
• 6.3 Closed circuit
• 6.4 Hybrid

Chapter 7 Market Size and Forecast, By Design, 2021 - 2032 (USD Million, Units)

• 7.1 Key trends
• 7.2 Mechanical
• 7.3 Natural

Chapter 8 Market Size and Forecast, By Build, 2021 - 2032 (USD Million, Units)

• 8.1 Key trends
• 8.2 Field erection
• 8.3 Package

Chapter 9 Market Size and Forecast, By Construction Material, 2021 - 2032 (USD Million, Units)

• 9.1 Key trends
• 9.2 Concrete
• 9.3 Steel
• 9.4 FRP
• 9.5 Wood
• 9.6 Others

Chapter 10 Market Size and Forecast, By Flow, 2021 - 2032 (USD Million, Units)

• 10.1 Key trends
• 10.2 Cross flow
• 10.3 Counter flow

Chapter 11 Market Size and Forecast, By Application, 2021 - 2032 (USD Million, Units)

• 11.1 Key trends
• 11.2 Chemicals and fertilizers
• 11.3 Oil and gas
• 11.4 Power generation
• 11.5 HVACR
• 11.6 Others

Chapter 12 Market Size and Forecast, By Region, 2021 - 2032 (USD Million, Units)

• 12.1 Key trends
• 12.2 North America
  • 12.2.1 U.S.
  • 12.2.2 Canada
  • 12.2.3 Mexico
• 12.3 Europe
  • 12.3.1 UK
  • 12.3.2 France
  • 12.3.3 Germany
  • 12.3.4 Italy
  • 12.3.5 Sweden
  • 12.3.6 Netherlands
  • 12.3.7 Denmark
  • 12.3.8 Spain
  • 12.3.9 Russia
• 12.4 Asia Pacific
  • 12.4.1 China
  • 12.4.2 Japan
  • 12.4.3 South Korea
  • 12.4.4 India
  • 12.4.5 Australia
  • 12.4.6 Malaysia
  • 12.4.7 Indonesia
• 12.5 Middle East and Africa
  • 12.5.1 UAE
  • 12.5.2 Saudi Arabia
  • 12.5.3 Qatar
  • 12.5.4 Oman
  • 12.5.5 Kuwait
  • 12.5.6 Egypt
  • 12.5.7 South Africa
  • 12.5.8 Turkey
• 12.6 Latin America
  • 12.6.1 Brazil
  • 12.6.2 Argentina
  • 12.6.3 Chile
  • 12.6.4 Peru

Chapter 13 Company Profiles

• 13.1 Bell Cooling Tower (P) Ltd.
• 13.2 Baltimore Aircoil Company (BAC)
• 13.3 BERG Chilling Systems, Inc.
• 13.4 Brentwood Industries, Inc.
• 13.5 Delta Cooling Towers, Inc.
• 13.6 ENEXIO Management GmbH
• 13.7 EVAPCO, Inc.
• 13.8 ENGIE Refrigeration GmbH
• 13.9 International Cooling Tower Inc.
• 13.10 Johnson Controls, Inc.
• 13.11 Mesan Group
• 13.12 Perfect Cooling Towers
• 13.13 Paharpur Cooling Tower Ltd.
• 13.14 REYMSA Cooling Towers, Inc.
• 13.15 S.A. HAMON
• 13.16 Star Cooling Towers Pvt. Ltd.
• 13.17 SPIG S.p.A.
• 13.18 SPX Cooling Technologies, Inc.
• 13.19 Thermal Care, Inc.
• 13.20 Thermax Limited