Product Code: MCP12601
Global Industrial Cooling Systems Market to Reach $19.1 Billion by 2027
Amid the COVID-19 crisis, the global market for Industrial Cooling Systems estimated at US$15 Billion in the year 2020, is projected to reach a revised size of US$19.1 Billion by 2027, growing at a CAGR of 3.5% over the analysis period 2020-2027. Power Generation, one of the segments analyzed in the report, is projected to record a 4% CAGR and reach US$6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Industrial Manufacturing segment is readjusted to a revised 3.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $4.1 Billion, While China is Forecast to Grow at 6.3% CAGR
The Industrial Cooling Systems market in the U.S. is estimated at US$4.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4 Billion by the year 2027 trailing a CAGR of 6.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.
Petrochemical Processing Segment to Record 3.3% CAGR
In the global Petrochemical Processing segment, USA, Canada, Japan, China and Europe will drive the 2.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2 Billion in the year 2020 will reach a projected size of US$2.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.7 Billion by the year 2027, while Latin America will expand at a 4.1% CAGR through the analysis period. We bring years of research experience to this 6th edition of our report. The 189-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,
- Airedale International Air Conditioning Ltd.
- American Power Conversion Corporation
- Baltimore Aircoil Company
- Bell Cooling Towers (P) Ltd.
- Black Box Corporation
- Brentwood Industries, Inc.
- Emerson Electric Company
- ENEXIO Management GmbH
- Evapco, Inc.
- HAMON & CIE (International) SA
- Johnson Controls, Inc.
- Mesan Group
- Paharpur Cooling Towers Ltd.
- Rittal GmbH & Co. KG
- SPX Corporation
- Star Cooling Towers LP
TABLE OF CONTENTS
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Global Competitor Market Shares
- Industrial Cooling System Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: Industrial Cooling Systems Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 2: Industrial Cooling Systems Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
- TABLE 3: Industrial Cooling Systems Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
- TABLE 4: Power Generation (End-Use) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027
- TABLE 5: Power Generation (End-Use) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
- TABLE 6: Power Generation (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
- TABLE 7: Industrial Manufacturing (End-Use) Worldwide Sales in US$ Million by Region/Country: 2020-2027
- TABLE 8: Industrial Manufacturing (End-Use) Historic Demand Patterns in US$ Million by Region/Country: 2012-2019
- TABLE 9: Industrial Manufacturing (End-Use) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027
- TABLE 10: Petrochemical Processing (End-Use) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 11: Petrochemical Processing (End-Use) Retrospective Demand Analysis in US$ Million by Region/Country: 2012-2019
- TABLE 12: Petrochemical Processing (End-Use) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
- TABLE 13: Food Processing & Storage (End-Use) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027
- TABLE 14: Food Processing & Storage (End-Use) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
- TABLE 15: Food Processing & Storage (End-Use) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027
- TABLE 16: Other End-Uses (End-Use) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 17: Other End-Uses (End-Use) Global Historic Analysis in US$ Million by Region/Country: 2012-2019
- TABLE 18: Other End-Uses (End-Use) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
- GEOGRAPHIC MARKET ANALYSIS
- UNITED STATES
- Market Facts & Figures
- US Industrial Cooling System Market Share (in %) by Company: 2019 & 2025
- Market Analytics
- TABLE 19: United States Industrial Cooling Systems Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
- TABLE 20: Industrial Cooling Systems Historic Demand Patterns in the United States by End-Use in US$ Million for 2012-2019
- TABLE 21: Industrial Cooling Systems Market Share Breakdown in the United States by End-Use: 2012 VS 2020 VS 2027
- CANADA
- TABLE 22: Canadian Industrial Cooling Systems Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
- TABLE 23: Industrial Cooling Systems Market in Canada: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
- TABLE 24: Canadian Industrial Cooling Systems Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
- JAPAN
- TABLE 25: Japanese Demand Estimates and Forecasts for Industrial Cooling Systems in US$ Million by End-Use: 2020 to 2027
- TABLE 26: Japanese Industrial Cooling Systems Market in US$ Million by End-Use: 2012-2019
- TABLE 27: Industrial Cooling Systems Market Share Shift in Japan by End-Use: 2012 VS 2020 VS 2027
- CHINA
- TABLE 28: Chinese Demand for Industrial Cooling Systems in US$ Million by End-Use: 2020 to 2027
- TABLE 29: Industrial Cooling Systems Market Review in China in US$ Million by End-Use: 2012-2019
- TABLE 30: Chinese Industrial Cooling Systems Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
- EUROPE
- Market Facts & Figures
- European Industrial Cooling System Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Market Analytics
- TABLE 31: European Industrial Cooling Systems Market Demand Scenario in US$ Million by Region/Country: 2020-2027
- TABLE 32: Industrial Cooling Systems Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
- TABLE 33: European Industrial Cooling Systems Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
- TABLE 34: European Industrial Cooling Systems Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
- TABLE 35: Industrial Cooling Systems Market in Europe: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
- TABLE 36: European Industrial Cooling Systems Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
- FRANCE
- TABLE 37: Industrial Cooling Systems Quantitative Demand Analysis in France in US$ Million by End-Use: 2020-2027
- TABLE 38: French Industrial Cooling Systems Historic Market Review in US$ Million by End-Use: 2012-2019
- TABLE 39: French Industrial Cooling Systems Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
- GERMANY
- TABLE 40: Industrial Cooling Systems Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
- TABLE 41: German Industrial Cooling Systems Market in Retrospect in US$ Million by End-Use: 2012-2019
- TABLE 42: Industrial Cooling Systems Market Share Distribution in Germany by End-Use: 2012 VS 2020 VS 2027
- ITALY
- TABLE 43: Italian Demand for Industrial Cooling Systems in US$ Million by End-Use: 2020 to 2027
- TABLE 44: Industrial Cooling Systems Market Review in Italy in US$ Million by End-Use: 2012-2019
- TABLE 45: Italian Industrial Cooling Systems Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
- UNITED KINGDOM
- TABLE 46: United Kingdom Demand Estimates and Forecasts for Industrial Cooling Systems in US$ Million by End-Use: 2020 to 2027
- TABLE 47: United Kingdom Industrial Cooling Systems Market in US$ Million by End-Use: 2012-2019
- TABLE 48: Industrial Cooling Systems Market Share Shift in the United Kingdom by End-Use: 2012 VS 2020 VS 2027
- SPAIN
- TABLE 49: Spanish Industrial Cooling Systems Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
- TABLE 50: Industrial Cooling Systems Market in Spain: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
- TABLE 51: Spanish Industrial Cooling Systems Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
- RUSSIA
- TABLE 52: Russian Industrial Cooling Systems Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
- TABLE 53: Industrial Cooling Systems Historic Demand Patterns in Russia by End-Use in US$ Million for 2012-2019
- TABLE 54: Industrial Cooling Systems Market Share Breakdown in Russia by End-Use: 2012 VS 2020 VS 2027
- REST OF EUROPE
- TABLE 55: Rest of Europe Industrial Cooling Systems Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
- TABLE 56: Industrial Cooling Systems Market in Rest of Europe: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
- TABLE 57: Rest of Europe Industrial Cooling Systems Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
- ASIA-PACIFIC
- TABLE 58: Asia-Pacific Industrial Cooling Systems Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 59: Industrial Cooling Systems Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019
- TABLE 60: Asia-Pacific Industrial Cooling Systems Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027
- TABLE 61: Industrial Cooling Systems Quantitative Demand Analysis in Asia-Pacific in US$ Million by End-Use: 2020-2027
- TABLE 62: Asia-Pacific Industrial Cooling Systems Historic Market Review in US$ Million by End-Use: 2012-2019
- TABLE 63: Asia-Pacific Industrial Cooling Systems Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
- AUSTRALIA
- TABLE 64: Industrial Cooling Systems Market in Australia: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
- TABLE 65: Australian Industrial Cooling Systems Market in Retrospect in US$ Million by End-Use: 2012-2019
- TABLE 66: Industrial Cooling Systems Market Share Distribution in Australia by End-Use: 2012 VS 2020 VS 2027
- INDIA
- TABLE 67: Indian Industrial Cooling Systems Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
- TABLE 68: Industrial Cooling Systems Market in India: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
- TABLE 69: Indian Industrial Cooling Systems Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
- SOUTH KOREA
- TABLE 70: Industrial Cooling Systems Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by End-Use for the Period 2020-2027
- TABLE 71: South Korean Industrial Cooling Systems Historic Market Analysis in US$ Million by End-Use: 2012-2019
- TABLE 72: Industrial Cooling Systems Market Share Distribution in South Korea by End-Use: 2012 VS 2020 VS 2027
- REST OF ASIA-PACIFIC
- TABLE 73: Rest of Asia-Pacific Demand Estimates and Forecasts for Industrial Cooling Systems in US$ Million by End-Use: 2020 to 2027
- TABLE 74: Rest of Asia-Pacific Industrial Cooling Systems Market in US$ Million by End-Use: 2012-2019
- TABLE 75: Industrial Cooling Systems Market Share Shift in Rest of Asia-Pacific by End-Use: 2012 VS 2020 VS 2027
- LATIN AMERICA
- TABLE 76: Latin American Industrial Cooling Systems Market Trends by Region/Country in US$ Million: 2020-2027
- TABLE 77: Industrial Cooling Systems Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019
- TABLE 78: Latin American Industrial Cooling Systems Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027
- TABLE 79: Latin American Demand for Industrial Cooling Systems in US$ Million by End-Use: 2020 to 2027
- TABLE 80: Industrial Cooling Systems Market Review in Latin America in US$ Million by End-Use: 2012-2019
- TABLE 81: Latin American Industrial Cooling Systems Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
- ARGENTINA
- TABLE 82: Argentinean Industrial Cooling Systems Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
- TABLE 83: Industrial Cooling Systems Market in Argentina: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
- TABLE 84: Argentinean Industrial Cooling Systems Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
- BRAZIL
- TABLE 85: Industrial Cooling Systems Quantitative Demand Analysis in Brazil in US$ Million by End-Use: 2020-2027
- TABLE 86: Brazilian Industrial Cooling Systems Historic Market Review in US$ Million by End-Use: 2012-2019
- TABLE 87: Brazilian Industrial Cooling Systems Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
- MEXICO
- TABLE 88: Industrial Cooling Systems Market in Mexico: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
- TABLE 89: Mexican Industrial Cooling Systems Market in Retrospect in US$ Million by End-Use: 2012-2019
- TABLE 90: Industrial Cooling Systems Market Share Distribution in Mexico by End-Use: 2012 VS 2020 VS 2027
- REST OF LATIN AMERICA
- TABLE 91: Rest of Latin America Industrial Cooling Systems Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
- TABLE 92: Industrial Cooling Systems Historic Demand Patterns in Rest of Latin America by End-Use in US$ Million for 2012-2019
- TABLE 93: Industrial Cooling Systems Market Share Breakdown in Rest of Latin America by End-Use: 2012 VS 2020 VS 2027
- MIDDLE EAST
- TABLE 94: The Middle East Industrial Cooling Systems Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 95: Industrial Cooling Systems Market in the Middle East by Region/Country in US$ Million: 2012-2019
- TABLE 96: The Middle East Industrial Cooling Systems Market Share Breakdown by Region/Country: 2012, 2020, and 2027
- TABLE 97: The Middle East Industrial Cooling Systems Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
- TABLE 98: Industrial Cooling Systems Market in the Middle East: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
- TABLE 99: The Middle East Industrial Cooling Systems Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
- IRAN
- TABLE 100: Iranian Demand Estimates and Forecasts for Industrial Cooling Systems in US$ Million by End-Use: 2020 to 2027
- TABLE 101: Iranian Industrial Cooling Systems Market in US$ Million by End-Use: 2012-2019
- TABLE 102: Industrial Cooling Systems Market Share Shift in Iran by End-Use: 2012 VS 2020 VS 2027
- ISRAEL
- TABLE 103: Israeli Industrial Cooling Systems Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
- TABLE 104: Industrial Cooling Systems Market in Israel: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
- TABLE 105: Israeli Industrial Cooling Systems Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
- SAUDI ARABIA
- TABLE 106: Saudi Arabian Demand for Industrial Cooling Systems in US$ Million by End-Use: 2020 to 2027
- TABLE 107: Industrial Cooling Systems Market Review in Saudi Arabia in US$ Million by End-Use: 2012-2019
- TABLE 108: Saudi Arabian Industrial Cooling Systems Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
- UNITED ARAB EMIRATES
- TABLE 109: Industrial Cooling Systems Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by End-Use for the Period 2020-2027
- TABLE 110: United Arab Emirates Industrial Cooling Systems Historic Market Analysis in US$ Million by End-Use: 2012-2019
- TABLE 111: Industrial Cooling Systems Market Share Distribution in United Arab Emirates by End-Use: 2012 VS 2020 VS 2027
- REST OF MIDDLE EAST
- TABLE 112: Industrial Cooling Systems Market in Rest of Middle East: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
- TABLE 113: Rest of Middle East Industrial Cooling Systems Market in Retrospect in US$ Million by End-Use: 2012-2019
- TABLE 114: Industrial Cooling Systems Market Share Distribution in Rest of Middle East by End-Use: 2012 VS 2020 VS 2027
- AFRICA
- TABLE 115: African Industrial Cooling Systems Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
- TABLE 116: Industrial Cooling Systems Historic Demand Patterns in Africa by End-Use in US$ Million for 2012-2019
- TABLE 117: Industrial Cooling Systems Market Share Breakdown in Africa by End-Use: 2012 VS 2020 VS 2027
IV. COMPETITION
- Total Companies Profiled: 42
比較リスト
