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Industrial Cooling System Market Share

  • Report ID: GMI675
  • Published Date: May 2023
  • Report Format: PDF

Industrial Process Cooling Market Share

Some of the major players operating in the industrial cooling system market landscape are

  • Airedale International Air Conditioning Ltd.
  • Babcock & Wilcox Enterprises, Inc.
  • Baltimore Aircoil Company Inc.
  • Brentwood Industries, Inc.
  • Emerson Electric Co.
  • ENEXIO Management GmbH
  • EVAPCO, Inc.
  • GEA Group Aktiengesellschaft
  •  Hamon Group
  • Johnson Controls Inc.

     

These players focus on strategic partnerships and new product launches & commercialization for market expansion. Furthermore, these players are heavily investing in R&D, allowing them to introduce innovative products and garner maximum revenue in the market.

Authors: Suraj Gujar, Anish Pathak

Frequently Asked Questions (FAQ) :

The market size of industrial cooling system crossed valuation of USD 15 billion in 2022 and will observe 10% CAGR from 2023-2032 due to growing adoption in the automotive sector.

The evaporative process cooling industry size reached over USD 5 billion in 2022 driven by the rising need for energy savings, cost-effectiveness, and low maintenance.

Food & beverages application sector held over 10% of the industry share in 2022 and will observe 15% growth rate till 2032 on account of growing usage in refrigeration, cold storage, fermentation, and product chilling.

Asia Pacific recorded more than 35% of the industry in 2022 driven by the booming food & beverage industry in China, India, Japan, South Korea, and Indonesia.

Airedale International Air Conditioning Ltd., Babcock & Wilcox Enterprises, Inc., Baltimore Aircoil Company Inc., Brentwood Industries, Inc., Emerson Electric Co., ENEXIO Management GmbH, EVAPCO, Inc., GEA Group Aktiengesellschaft, Hamon Group, and Johnson Controls Inc.

Industrial Cooling System Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 20
  • Tables & Figures: 219
  • Countries covered: 19
  • Pages: 250
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