report-image

Global Cooling Towers Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 2/24/2023
  • NO OF PAGES
  • 223
  • CATEGORY
  • Construction & Manufacturing
Cooling Towers market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.

Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Cooling Towers market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Cooling Towers manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Cooling Towers market covering all its essential aspects.

Global Cooling Towers Market: Segmentations



Global Cooling Towers Market: Major Players
Baltimore Aircoil Company
GEA Heat Exchanger
Johnson Control
Liang Chi Control
Kimre
Paharpur Cooling Towers
Cenk Industrial Plants Manufacturing and Contracting
SPX
Evapco
Spig
Cooling Tower Depot
Hamon
Torraval Cooling
Delta Coolong Towers

Global Cooling Towers Market: By Types
Wet Cooling Tower
Dry Cooling Tower
Dry Wet Cooling Tower

Global Cooling Towers Market: By Applications
Chemical Industry
Petrochemical Industry
Power Generation
Food and Beverage
Others



Global Cooling Towers Market: Regional Analysis
The countries covered in the regional analysis of the Global Cooling Towers market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Cooling Towers market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Cooling Towers would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the Cooling Towers Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035


1 Cooling Towers Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Cooling Towers
1.3 Cooling Towers Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Cooling Towers Revenue and Growth Rate from 2016-2026
1.4 Market Segmentation
1.4.1 Types of Cooling Towers
1.4.2 Applications of Cooling Towers
1.4.3 Research Regions
1.5 Market Dynamics
1.5.1 Cooling Towers Industry Trends
1.5.2 Cooling Towers Drivers
1.5.3 Cooling Towers Market Challenges
1.5.4 Cooling Towers Market Restraints
1.6 Industry News and Policies by Regions
1.6.1 Industry News
1.6.2 Industry Policies
1.7 Mergers & Acquisitions, Expansion Plans
1.8 Cooling Towers Industry Development Trends under COVID-19 Outbreak
1.8.1 Global COVID-19 Status Overview
1.8.2 Influence of COVID-19 Outbreak on Cooling Towers Industry Development

2 Industry Chain Analysis
2.1 Upstream Raw Material Supply and Demand Analysis
2.1.1 Global Cooling Towers Major Upstream Raw Material and Suppliers
2.1.2 Raw Material Source Analysis
2.2 Major Players of Cooling Towers
2.2.1 Major Players Manufacturing Base of Cooling Towers in 2020
2.2.2 Major Players Market Distribution in 2020
2.3 Cooling Towers Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Cooling Towers
2.3.3 Labor Cost of Cooling Towers
2.4 Market Channel Analysis of Cooling Towers
2.5 Major Down Stream Customers by Application

3 Global Cooling Towers Market, by Type
3.1 Global Cooling Towers Revenue and Market Share by Type (2016-2021)
3.2 Global Cooling Towers Production and Market Share by Type (2016-2021)
3.3 Global Cooling Towers Revenue and Growth Rate by Type (2016-2021)
3.3.1 Global Cooling Towers Revenue and Growth Rate of Wet Cooling Tower
3.3.2 Global Cooling Towers Revenue and Growth Rate of Dry Cooling Tower
3.3.3 Global Cooling Towers Revenue and Growth Rate of Dry Wet Cooling Tower
3.4 Global Cooling Towers Price Analysis by Type (2016-2021)
3.4.1 Explanation of Different Type Product Price Trends

4 Cooling Towers Market, by Application
4.1 Downstream Market Overview
4.2 Global Cooling Towers Consumption and Market Share by Application (2016-2021)
4.3 Global Cooling Towers Consumption and Growth Rate by Application (2016-2021)
4.3.1 Global Cooling Towers Consumption and Growth Rate of Chemical Industry (2016-2021)
4.3.2 Global Cooling Towers Consumption and Growth Rate of Petrochemical Industry (2016-2021)
4.3.3 Global Cooling Towers Consumption and Growth Rate of Power Generation (2016-2021)
4.3.4 Global Cooling Towers Consumption and Growth Rate of Food and Beverage (2016-2021)
4.3.5 Global Cooling Towers Consumption and Growth Rate of Others (2016-2021)

5 Global Cooling Towers Consumption, Revenue ($) by Region (2016-2021)
5.1 Global Cooling Towers Revenue and Market Share by Region (2016-2021)
5.2 Global Cooling Towers Consumption and Market Share by Region (2016-2021)
5.3 Global Cooling Towers Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4 North America Cooling Towers Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4.1 North America Cooling Towers Market Under COVID-19
5.4.2 North America Cooling Towers SWOT Analysis
5.5 Europe Cooling Towers Consumption, Revenue, Price and Gross Margin (2016-2021)
5.5.1 Europe Cooling Towers Market Under COVID-19
5.5.2 Europe Cooling Towers SWOT Analysis
5.6 China Cooling Towers Consumption, Revenue, Price and Gross Margin (2016-2021)
5.6.1 China Cooling Towers Market Under COVID-19
5.6.2 China Cooling Towers SWOT Analysis
5.7 Japan Cooling Towers Consumption, Revenue, Price and Gross Margin (2016-2021)
5.7.1 Japan Cooling Towers Market Under COVID-19
5.7.2 Japan Cooling Towers SWOT Analysis
5.8 Middle East and Africa Cooling Towers Consumption, Revenue, Price and Gross Margin (2016-2021)
5.8.1 Middle East and Africa Cooling Towers Market Under COVID-19
5.8.2 Middle East and Africa Cooling Towers SWOT Analysis
5.9 India Cooling Towers Consumption, Revenue, Price and Gross Margin (2016-2021)
5.9.1 India Cooling Towers Market Under COVID-19
5.9.2 India Cooling Towers SWOT Analysis
5.10 South America Cooling Towers Consumption, Revenue, Price and Gross Margin (2016-2021)
5.10.1 South America Cooling Towers Market Under COVID-19
5.10.2 South America Cooling Towers SWOT Analysis
5.11 South Korea Cooling Towers Consumption, Revenue, Price and Gross Margin (2016-2021)
5.11.1 South Korea Cooling Towers Market Under COVID-19
5.11.2 South Korea Cooling Towers SWOT Analysis
5.12 Southeast Asia Cooling Towers Consumption, Revenue, Price and Gross Margin (2016-2021)
5.12.1 Southeast Asia Cooling Towers Market Under COVID-19
5.12.2 Southeast Asia Cooling Towers SWOT Analysis

6 Global Cooling Towers Production by Top Regions (2016-2021)
6.1 Global Cooling Towers Production by Top Regions (2016-2021)
6.2 North America Cooling Towers Production and Growth Rate
6.3 Europe Cooling Towers Production and Growth Rate
6.4 China Cooling Towers Production and Growth Rate
6.5 Japan Cooling Towers Production and Growth Rate
6.6 India Cooling Towers Production and Growth Rate

7 Global Cooling Towers Consumption by Regions (2016-2021)
7.1 Global Cooling Towers Consumption by Regions (2016-2021)
7.2 North America Cooling Towers Consumption and Growth Rate
7.3 Europe Cooling Towers Consumption and Growth Rate
7.4 China Cooling Towers Consumption and Growth Rate
7.5 Japan Cooling Towers Consumption and Growth Rate
7.6 Middle East & Africa Cooling Towers Consumption and Growth Rate
7.7 India Cooling Towers Consumption and Growth Rate
7.8 South America Cooling Towers Consumption and Growth Rate
7.9 South Korea Cooling Towers Consumption and Growth Rate
7.10 Southeast Asia Cooling Towers Consumption and Growth Rate

8 Competitive Landscape
8.1 Competitive Profile
8.2 Baltimore Aircoil Company Market Performance Analysis
8.2.1 Company Profiles
8.2.2 Cooling Towers Product Profiles, Application and Specification
8.2.3 Baltimore Aircoil Company Sales, Revenue, Price, Gross Margin 2016-2021
8.2.4 Company Recent Development
8.2.5 Strategies for Company to Deal with the Impact of COVID-19
8.3 GEA Heat Exchanger Market Performance Analysis
8.3.1 Company Profiles
8.3.2 Cooling Towers Product Profiles, Application and Specification
8.3.3 GEA Heat Exchanger Sales, Revenue, Price, Gross Margin 2016-2021
8.3.4 Company Recent Development
8.3.5 Strategies for Company to Deal with the Impact of COVID-19
8.4 Johnson Control Market Performance Analysis
8.4.1 Company Profiles
8.4.2 Cooling Towers Product Profiles, Application and Specification
8.4.3 Johnson Control Sales, Revenue, Price, Gross Margin 2016-2021
8.4.4 Company Recent Development
8.4.5 Strategies for Company to Deal with the Impact of COVID-19
8.5 Liang Chi Control Market Performance Analysis
8.5.1 Company Profiles
8.5.2 Cooling Towers Product Profiles, Application and Specification
8.5.3 Liang Chi Control Sales, Revenue, Price, Gross Margin 2016-2021
8.5.4 Company Recent Development
8.5.5 Strategies for Company to Deal with the Impact of COVID-19
8.6 Kimre Market Performance Analysis
8.6.1 Company Profiles
8.6.2 Cooling Towers Product Profiles, Application and Specification
8.6.3 Kimre Sales, Revenue, Price, Gross Margin 2016-2021
8.6.4 Company Recent Development
8.6.5 Strategies for Company to Deal with the Impact of COVID-19
8.7 Paharpur Cooling Towers Market Performance Analysis
8.7.1 Company Profiles
8.7.2 Cooling Towers Product Profiles, Application and Specification
8.7.3 Paharpur Cooling Towers Sales, Revenue, Price, Gross Margin 2016-2021
8.7.4 Company Recent Development
8.7.5 Strategies for Company to Deal with the Impact of COVID-19
8.8 Cenk Industrial Plants Manufacturing and Contracting Market Performance Analysis
8.8.1 Company Profiles
8.8.2 Cooling Towers Product Profiles, Application and Specification
8.8.3 Cenk Industrial Plants Manufacturing and Contracting Sales, Revenue, Price, Gross Margin 2016-2021
8.8.4 Company Recent Development
8.8.5 Strategies for Company to Deal with the Impact of COVID-19
8.9 SPX Market Performance Analysis
8.9.1 Company Profiles
8.9.2 Cooling Towers Product Profiles, Application and Specification
8.9.3 SPX Sales, Revenue, Price, Gross Margin 2016-2021
8.9.4 Company Recent Development
8.9.5 Strategies for Company to Deal with the Impact of COVID-19
8.10 Evapco Market Performance Analysis
8.10.1 Company Profiles
8.10.2 Cooling Towers Product Profiles, Application and Specification
8.10.3 Evapco Sales, Revenue, Price, Gross Margin 2016-2021
8.10.4 Company Recent Development
8.10.5 Strategies for Company to Deal with the Impact of COVID-19
8.11 Spig Market Performance Analysis
8.11.1 Company Profiles
8.11.2 Cooling Towers Product Profiles, Application and Specification
8.11.3 Spig Sales, Revenue, Price, Gross Margin 2016-2021
8.11.4 Company Recent Development
8.11.5 Strategies for Company to Deal with the Impact of COVID-19
8.12 Cooling Tower Depot Market Performance Analysis
8.12.1 Company Profiles
8.12.2 Cooling Towers Product Profiles, Application and Specification
8.12.3 Cooling Tower Depot Sales, Revenue, Price, Gross Margin 2016-2021
8.12.4 Company Recent Development
8.12.5 Strategies for Company to Deal with the Impact of COVID-19
8.13 Hamon Market Performance Analysis
8.13.1 Company Profiles
8.13.2 Cooling Towers Product Profiles, Application and Specification
8.13.3 Hamon Sales, Revenue, Price, Gross Margin 2016-2021
8.13.4 Company Recent Development
8.13.5 Strategies for Company to Deal with the Impact of COVID-19
8.14 Torraval Cooling Market Performance Analysis
8.14.1 Company Profiles
8.14.2 Cooling Towers Product Profiles, Application and Specification
8.14.3 Torraval Cooling Sales, Revenue, Price, Gross Margin 2016-2021
8.14.4 Company Recent Development
8.14.5 Strategies for Company to Deal with the Impact of COVID-19
8.15 Delta Coolong Towers Market Performance Analysis
8.15.1 Company Profiles
8.15.2 Cooling Towers Product Profiles, Application and Specification
8.15.3 Delta Coolong Towers Sales, Revenue, Price, Gross Margin 2016-2021
8.15.4 Company Recent Development
8.15.5 Strategies for Company to Deal with the Impact of COVID-19

9 Global Cooling Towers Market Analysis and Forecast by Type and Application
9.1 Global Cooling Towers Market Revenue & Volume Forecast, by Type (2021-2026)
9.1.1 Wet Cooling Tower Market Revenue and Volume Forecast (2021-2026)
9.1.2 Dry Cooling Tower Market Revenue and Volume Forecast (2021-2026)
9.1.3 Dry Wet Cooling Tower Market Revenue and Volume Forecast (2021-2026)
9.2 Global Cooling Towers Market Revenue & Volume Forecast, by Application (2021-2026)
9.2.1 Chemical Industry Market Revenue and Volume Forecast (2021-2026)
9.2.2 Petrochemical Industry Market Revenue and Volume Forecast (2021-2026)
9.2.3 Power Generation Market Revenue and Volume Forecast (2021-2026)
9.2.4 Food and Beverage Market Revenue and Volume Forecast (2021-2026)
9.2.5 Others Market Revenue and Volume Forecast (2021-2026)

10 Cooling Towers Market Supply and Demand Forecast by Region
10.1 North America Market Supply and Demand Forecast (2021-2026)
10.2 Europe Market Supply and Demand Forecast (2021-2026)
10.3 China Market Supply and Demand Forecast (2021-2026)
10.4 Japan Market Supply and Demand Forecast (2021-2026)
10.5 Middle East and Africa Market Supply and Demand Forecast (2021-2026)
10.6 India Market Supply and Demand Forecast (2021-2026)
10.7 South America Market Supply and Demand Forecast (2021-2026)
10.8 South Korea Market Supply and Demand Forecast (2021-2026)
10.9 Southeast Asia Market Supply and Demand Forecast (2021-2026)
10.10 Explanation of Market Size Trends by Region
10.11 Cooling Towers Market Trends Analysis

11 New Project Feasibility Analysis
11.1 Industry Barriers and New Entrants SWOT Analysis
11.2 Analysis and Suggestions on New Project Investment

12 Expert Interview Record
13 Research Finding and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Data Source

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

CHOOSE LICENSE TYPE
QLOUD
Pricing

Select a license type that suits your business needs

Single User Access

US $3950

Only Three Thousand Nine Hundred Fifty US dollar

  • 1 User access
  • 15% Additional Free Customization
  • Free Unlimited post-sale support
  • 100% Service Guarantee until achievement of ROI
Multi User Cost

US $4950

Only Four Thousand Nine Hundred Fifty US dollar

  • 5 Users access
  • 25% Additional Free Customization
  • Access Report summaries for Free
  • Guaranteed service
  • Dedicated Account Manager
  • Discount of 20% on next purchase
  • Get personalized market brief from Lead Author
  • Printing of Report permitted
  • Discount of 20% on next purchase
  • 100% Service Guarantee until achievement of ROI
Enterprise User Cost

US $5950

Only Five Thousand Nine Hundred Fifty US dollar

  • Unlimited User Access
  • 30% Additional Free Customization
  • Exclusive Previews to latest or upcoming reports
  • Discount of 30% on next purchase
  • 100% Service Guarantee until achievement of ROI