Home > Industrial Machinery > Industrial Equipment > Cooling Tower > Evaporative Cooling Tower Market

Evaporative Cooling Tower Market Share

Report ID: GMI3761
Published Date: Oct 2024
Report Format: PDF

Download Free Sample

Evaporative Cooling Tower Market Share

Global Evaporative Cooling Tower Company Market Share Analysis, 2023

Engie Refrigeration stands as a leading player in the evaporative cooling tower industry, drawing on its deep expertise to offer a broad portfolio of cooling towers. Their product lineup includes standard models as well as a range of customized solutions, complemented by additional products designed to optimize performance. Major industry players are prioritizing inorganic growth strategies and significant technological advancements in product design and development to strengthen their presence throughout the value chain.

Evaporative Cooling Tower Market Companies

Some of the key market players operating across the evaporative cooling tower industry are:

Baltimore Aircoil Company
Berg Chilling Systems
Brentwood Industries
Delta Cooling Towers
Enexio Management
Engie Refrigeration
Evapco
Hamon
International Cooling Tower
Johnson Controls
Paharpur Cooling Tower
Spig
SPX Cooling Technologies
Thermax

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The global market for evaporative cooling tower was reached USD 1.7 billion in 2023 and is projected to grow at a CAGR of 4.6% from 2024 to 2032, driven by rapid industrialization in emerging economies.

The mechanical segment is anticipated to reach over USD 1.1 billion by 2032, propelled by the demand for efficient cooling in power plants, data centers, and chemical factories.

The power generation segment is projected to grow at a CAGR of over 3.7% through 2032, fueled by the increasing global electricity demand and the need for reliable cooling systems in thermal and nuclear power plants.

The U.S. evaporative cooling tower market is likely to exceed USD 246.2 million by 2032, led by the expanding industrial sector, particularly in manufacturing and data centers.

Key players in the evaporative cooling tower industry include Baltimore Aircoil Company, Berg Chilling Systems, Brentwood Industries, Delta Cooling Towers, Enexio Management, Engie Refrigeration, Evapco, Hamon, International Cooling Tower, Johnson Controls, Paharpur Cooling Tower, Spig, SPX Cooling Technologies, and Thermax.