Home > Industrial Machinery > HVAC > Heating and Cooling > Industrial Cooling System Market

Industrial Cooling System Market Share

Report ID: GMI675
Published Date: Jul 2024
Report Format: PDF

Download Free Sample

Industrial cooling System Market Share

Emerson Electric Co., Vertic Group Corporation, and STULZ GmbH hold a significant share of over 30% in the industrial cooling system industry. Emerson Electric Co. is a technology and engineering company that offers modern solutions for various industries including the industrial process cooling market. It provides a broad range of compressors and condensing units for industrial process cooling. These components are important for refrigeration and air conditioning systems, enabling efficient heat transfer and temperature control. The company also offers automated air-cooled exchanger monitoring solutions that track warning signs, alert personnel regarding reduced cooling, and smoothly integrate with the existing control & asset management diagnostics for improved exchanger operation. Emerson majorly focuses on launching new products for various commercial & industrial applications.

Vertiv Group Corporation is a provider of critical digital infrastructure and continuity solutions for the industrial cooling system market. The company is specialized in offering reliable & efficient cooling solutions that support the efficient operation of critical industrial processes. It provides a broad portfolio of cooling systems and equipment built for industrial applications. The products include precision air conditioners, chiller units, heat exchangers, and cooling towers. Vertiv offers chilled water-cooling solutions that provide a versatile cooling option for customers. These solutions offer benefits including air cooling & heating applications as well as minimal water consumption during operations. The company is also focused on improving the customer experience.

Industrial cooling System Market Companies

Major key players operating in the industrial cooling system industry are:

Emerson Electric Co.
Vertiv Group Corporation
STULZ GmbH.
Rittal GmbH & Co. KG
Baltimore Aircoil Company Inc.
Black Box Corporation
Hamon Group

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of industrial cooling system was reached USD 19.21 billion in 2023 and is expected to grow at over 6% CAGR from 2024 to 2032, attributed to the fast-growing data center sector.

The evaporative industrial cooling system market is expected to cross over USD 14.9 billion by 2032, owing to energy efficiency, environmental friendliness, and low-cost adoption.

U.S. industrial cooling system market will expand rapidly by 2032, driven by increasing demand for power generation to cater to the growing energy-demand.

Emerson Electric Co, Vertiv Group Corporation, STULZ GmbH, Rittal GmbH & Co. KG, Baltimore Aircoil Company Inc, Black Box Corporation, and Hamon Group among others.