세계의 냉각탑 시장 규모, 점유율, 성장 분석 : 유형별, 용도별, 업계 예측(2022-2028년)

Global Cooling Towers Market size was valued at USD 3243.1 million in 2021 and is poised to grow from USD 3420.24 million in 2022 to USD 5334.2 million by 2030, growing at a CAGR of 5.6% in the forecast period (2023-2030).

The global cooling towers market is expected to witness significant growth in the coming years due to the increasing demand for power generation and HVAC systems across various industries. Cooling towers are essential components in thermal power plants, petrochemical and chemical industries, and air conditioning systems. The rise in construction activities and the adoption of sustainable energy solutions are expected to drive market growth. Additionally, the need to replace aging infrastructure is also anticipated to boost demand for cooling towers. Factors such as strict environmental regulations and water scarcity concerns may pose challenges to market growth.

Top-down and bottom-up approaches were used to estimate and validate the size of Cooling towers market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Segments covered in this report

Global cooling towers market is segmented based on the Type, Application, and region. Based on the Types Open-Circuit Cooling Towers, Closed-Circuit Cooling Towers, Hybrid Cooling Towers. Based On Application, Global Cooling Towers Market is segmented as Chemical, HVAC, Petrochemicals and Oil and Gas, Power Generation, Food and Beverages, and Others. Based on Region Cooling Towers Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.

Driver

The Cooling Towers Market is expected to experience growth during the forecasted period due to various factors contributing to its CAGR. Cooling towers play a critical role in different industrial processes, particularly those involving high temperatures and pressures, such as nuclear power facilities. As a result, the demand for cooling towers is likely to increase significantly in this sector.

Restrain

Small and medium-sized enterprises face a challenge with the substantial amount of water required to operate cooling towers, leading to high expenses that could risk their budget. Additionally, the fragmented nature of the industry could limit the growth of the global cooling towers market, impeding its expansion during the projected period.

Trend

The primary trend observed in the cooling tower market is the adoption of eco-friendly products that utilize water instead of air to transfer heat. This approach is approximately 3,200 times more effective than using air and is also environmentally friendly. For instance, B&W Environment installed a new cooling tower system for Naturgy Generacion's combined-cycle natural gas power plant in September 2020, leading to a reduced need for cooling water desalination and processing.

Table of Contents

Executive Summary

• Market Overview
• Wheel of Fortune
• Research Methodology
• Information Procurement
• Secondary & Primary Data Sources
• Market Size Estimation
• Market Assumptions & Limitations

Parent Market Analysis

• Market Overview
• Market Size
• Market Dynamics
• Drivers
• Opportunities
• Restraints
• Challenges
• Key Market Insights
• Technology Analysis
• Pricing Analysis
• Supply Chain Analysis
• Value Chain Analysis
• Ecosystem of the Market
• IP Analysis
• Trade Analysis
• Startup Analysis
• Raw Material Analysis
• Innovation Matrix
• Pipeline Product Analysis
• Macroeconomic Indicators
• Top Investment Analysis
• Key Success Factor
• Degree of Competition
• Market Dynamics & Outlook
• Market Dynamics
• Drivers
• Opportunities
• Restraints
• Challenges
• Regulatory Landscape
• Porters Analysis
• Competitive rivalry
• Threat of Substitute Products
• Bargaining Power of Buyers
• Threat of New Entrants
• Bargaining Power of Suppliers
• Skyquest Special Insights on Future Disruptions
• Political Impact
• Economic Impact
• Social Impact
• Technical Impact
• Environmental Impact
• Legal Impact

Global Cooling Towers Market by Type

• Market Overview
• Closed Circuit Cooling Towers
• Open Cooling Towers
• Hybrid Cooling Towers

Global Cooling Towers Market by Application

• Market Overview
• Industry
• Power Generation Utilities
• Air Conditioning
• Global Cooling Towers Market Size by Region
• Market Overview
• North America
• USA
• Canada
• Europe
• Germany
• Spain
• France
• UK
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
• Latin America
• Brazil
• Rest of Latin America
• Middle East & Africa (MEA)
• GCC Countries
• South Africa
• Rest of MEA
• Competitive Landscape
• Top 5 Player Comparison
• Market Positioning of Key Players, 2021
• Strategies Adopted by Key Market Players
• Top Winning Strategies
• By Development
• By Company
• By Year
• Recent Activities in the Market
• Key Companies Market Share (%), 2021
• Key Company Profiles
• Krones AG (Germany)
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• SPX CORPORATION (US)
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Babcock & Wilcox Enterprises, Inc. (US)
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• EWK (Spain)
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Kelvion Holding GmbH (Germany)
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• HAMON & CIE (INTERNATIONAL) S.A. (Belgium)
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• MITA Cooling Technologies Srl (Italy)
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Johnson Controls (Ireland)
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Paharpur Cooling Towers Ltd (India)
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Baltimore Aircoil Company (US)
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• EVAPCO, Inc. (US)
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• ENEXIO MANAGEMENT GMBH (Germany)
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Thermax Limited (India)
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Cenk Endustri Tesisleri A°malat Ve Taahhut A.A. (Turkey)
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Cooling Tower Systems, Inc. (US)
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Delta Cooling Towers Inc (US)
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Brentwood Industries (US)
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments