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Global Industrial Cooling System by Product (Air Cooling, Evaporative Cooling, Hybrid Cooling, Water Cooling), By Application (Automotive, Chemical, Food & Beverage, Metalworking, Oil & Gas, Pharmaceutical, Pulp & Paper, Utility & Power) by End User (Power Generation, Industrial Manufacturing, Petrochemical Processing, Food Processing & Storage, Petroleum & Natural Gas Refining, Pharmaceutical, Data Center), and Regional Forecasts 2021-2027

  • BIZ4509215
  • 200 Pages
  • June 2021
  • Machines
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Global Industrial Cooling System Market is valued approximately at USD 16.33 billion in 2020 and is anticipated to grow with a healthy growth rate of 5% over the forecast period 2021-2027. Industrial cooling system is used to remove heat from a process or plant such as utility & power, chemical and oil & gas etc. The surge in demand for energy efficient cooling systems with technological advancements is driving the industrial cooling system market growth. There is a rising demand for the equipment in nuclear and thermal power plants which positively impacts the industrial cooling system market size. However, the cooling systems requires high amount of water to continue working. Hence, environmental concerns related to water scarcity may restraint the industry to grow. Also the installation of industrial cooling systems require high investment for setting up which is a restraining factor for the market. The technological advancements in industrial cooling systems are increasing the operation efficiency and reduces energy cost which gives the market the opportunity to grow significantly in the forecasted period. Regulations regarding the regular inspections and scheduled maintenance will also influence the market positively. For instance: - New York state has introduced new regulations, which requires cooling system to undergo regular inspections which encourages the manufactures to install efficient cooling systems.

The key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World are considered for the regional analysis of global Industrial Cooling System market. Asia Pacific is dominant region owing to the recent developments in regions such as India and China in the food and beverage industry. The European market will create huge demand in the forecasted period because of the replacement of conventional cooler with industrial coolers.

Major market player included in this report are

Baltimore Aircoil Company

Bell Cooling Tower

Brentwood Industries Inc.

Hamon Group

Johnson Controls Inc.

Paharpur Cooling Towers

SPIG S.p.A.

SPX Corporation

Berg Chilling Systems Inc.

Black Box Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Air Cooling

Evaporative Cooling

Hybrid Cooling

Water Cooling

By Application:

Automotive

Chemical

Food & Beverage

Metalworking

Oil & Gas

Pharmaceutical

Pulp & Paper

Utility & Power

By End User:

Power Generation

Industrial Manufacturing Petrochemical Processing

Food Processing & Storage

Petroleum & Natural Gas Refining

Pharmaceutical

Data Center

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027.

Target Audience of the Global Industrial Cooling System Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Industrial Cooling System Market , by Region, 2019-2027 (USD Billion)

1.2.2. Industrial Cooling System Market , by Product, 2019-2027 (USD Billion)

1.2.3. Industrial Cooling System Market , by Application, 2019-2027 (USD Billion)

1.2.4. Industrial Cooling System Market , by End User , 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Industrial Cooling System Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Industrial Cooling System Market Dynamics

3.1. Industrial Cooling System Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Surge in demand for energy efficient systems

3.1.1.2. Rise in nuclear and thermal power plants

3.1.2. Market Restraint

3.1.2.1. Excessive use of water

3.1.2.2. High investment

3.1.3. Market Opportunities

3.1.3.1. Government regulations

3.1.3.2. Technological advancement

Chapter 4. Global Industrial Cooling System Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Industrial Cooling System Market, by Product

5.1. Market Snapshot

5.2. Global Industrial Cooling System Market by Product, Performance - Potential Analysis

5.3. Global Industrial Cooling System Market Estimates & Forecasts by Product 2018-2027 (USD Billion)

5.4. Industrial Cooling System Market , Sub Segment Analysis

5.4.1. Air Cooling

5.4.2. Evaporative Cooling

5.4.3. Hybrid Cooling

5.4.4. Water Cooling

Chapter 6. Global Industrial Cooling System Market , by Application

a. Market Snapshot

6.1. Global Industrial Cooling System Market by Application, Performance - Potential Analysis

6.2. Global Industrial Cooling System Market Estimates & Forecasts by Application 2018-2027 (USD Billion)

6.3. Industrial Cooling System Market , Sub Segment Analysis

6.3.1. Automotive

6.3.2. Chemical

6.3.3. Food & Beverage

6.3.4. Metalworking

6.3.5. Oil & Gas

6.3.6. Pharmaceutical

6.3.7. Pulp & Paper

6.3.8. Utility & Power

Chapter 7. Global Industrial Cooling System Market, by End User

b. Market Snapshot

7.1. Global Industrial Cooling System Market by End User , Performance - Potential Analysis

7.2. Global Industrial Cooling System Market Estimates & Forecasts by End User 2018-2027 (USD Billion)

7.3. Industrial Cooling System Market , Sub Segment Analysis

7.3.1. Power Generation

7.3.2. Industrial Manufacturing Petrochemical Processing

7.3.3. Food Processing & Storage

7.3.4. Petroleum & Natural Gas Refining

7.3.5. Pharmaceutical

Chapter 8. Global Industrial Cooling System Market, Regional Analysis

8.1. Industrial Cooling System Market , Regional Market Snapshot

8.2. North America Industrial Cooling System Market

8.2.1. U.S. Industrial Cooling System Market

8.2.1.1. Product breakdown estimates & forecasts, 2018-2027

8.2.1.2. Application breakdown estimates & forecasts, 2018-2027

8.2.1.3. End User breakdown estimates & forecasts, 2018-2027

8.2.2. Canada Industrial Cooling System Market

8.3. Europe Industrial Cooling System Market Snapshot

8.3.1. U.K. Industrial Cooling System Market

8.3.2. Germany Industrial Cooling System Market

8.3.3. France Industrial Cooling System Market

8.3.4. Spain Industrial Cooling System Market

8.3.5. Italy Industrial Cooling System Market

8.3.6. Rest of Europe Industrial Cooling System Market

8.4. Asia-Pacific Industrial Cooling System Market Snapshot

8.4.1. China Industrial Cooling System Market

8.4.2. India Industrial Cooling System Market

8.4.3. Japan Industrial Cooling System Market

8.4.4. Australia Industrial Cooling System Market

8.4.5. South Korea Industrial Cooling System Market

8.4.6. Rest of Asia Pacific Industrial Cooling System Market

8.5. Latin America Industrial Cooling System Market Snapshot

8.5.1. Brazil Industrial Cooling System Market

8.5.2. Mexico Industrial Cooling System Market

8.6. Rest of The World Industrial Cooling System Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. Baltimore Aircoil Company

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. Bell Cooling Tower

9.2.3. Brentwood Industries Inc.

9.2.4. Hamon Group

9.2.5. Johnson Controls Inc.

9.2.6. Paharpur Cooling Towers

9.2.7. SPIG S.p.A.

9.2.8. SPX Corporation

9.2.9. Berg Chilling Systems Inc.

9.2.10. Black Box Corporation

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 2. Global Industrial Cooling System Market , report scope

TABLE 3. Global Industrial Cooling System Market estimates & forecasts by region 2018-2027 (USD Billion)

TABLE 4. Global Industrial Cooling System Market estimates & forecasts by Product 2018-2027 (USD Billion)

TABLE 5. Global Industrial Cooling System Market estimates & forecasts by Application 2018-2027 (USD Billion)

TABLE 6. Global Industrial Cooling System Market estimates & forecasts by End User 2018-2027 (USD Billion)

TABLE 7. Global Industrial Cooling System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. Global Industrial Cooling System Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Industrial Cooling System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Industrial Cooling System Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Industrial Cooling System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Industrial Cooling System Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Industrial Cooling System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Industrial Cooling System Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. Global Industrial Cooling System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. Global Industrial Cooling System Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 17. Global Industrial Cooling System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 18. Global Industrial Cooling System Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 19. Global Industrial Cooling System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 20. Global Industrial Cooling System Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 21. Global Industrial Cooling System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 22. Global Industrial Cooling System Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 23. U.S. Industrial Cooling System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 24. U.S. Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 25. U.S. Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 26. Canada Industrial Cooling System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 27. Canada Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 28. Canada Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 29. UK Industrial Cooling System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 30. UK Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 31. UK Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 32. Germany Industrial Cooling System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 33. Germany Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 34. Germany Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 35. France Industrial Cooling System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 36. France Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 37. France Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 38. Spain Industrial Cooling System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 39. Spain Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 40. Spain Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 41. Italy Industrial Cooling System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 42. Italy Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 43. Italy Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 44. ROE Industrial Cooling System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 45. ROE Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 46. ROE Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 47. China Industrial Cooling System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 48. China Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 49. China Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 50. India Industrial Cooling System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 51. India Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 52. India Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 53. Japan Industrial Cooling System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 54. Japan Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 55. Japan Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 56. Australia Industrial Cooling System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 57. Australia Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 58. Australia Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 59. South Korea Industrial Cooling System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 60. South Korea Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 61. South Korea Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 62. ROPAC Industrial Cooling System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 63. ROPAC Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 64. ROPAC Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 65. Brazil Industrial Cooling System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 66. Brazil Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 67. Brazil Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 68. Mexico Industrial Cooling System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 69. Mexico Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 70. Mexico Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 71. ROLA Industrial Cooling System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 72. ROLA Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 73. ROLA Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 74. ROW Industrial Cooling System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 75. ROW Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 76. ROW Industrial Cooling System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 77. List of secondary sources used in the study of global Industrial Cooling System Market .

TABLE 78. List of primary sources used in the study of global Industrial Cooling System Market .

TABLE 79. Years considered for the study.

TABLE 80. Exchange rates considered.

 
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