Cooling Towers Market, By Product Type (Open Cooling Tower and Closed Circuit Cooling Tower), By Heat Transfer Method (Evaporative Cooling, Dry Cooling, and Plume Abatement Cooling), By Application (Air-Conditioning, Power Generation, and Manufacturing In

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,500	130 Pages	Coherent Market Insights	February, 2025	CMI19682043

Best Price Guarantee
Price	from $4,500
Length	130 Pages
Publisher	Coherent Market Insights
Published Date	February, 2025
SKU	CMI19682043

Cooling towers are heat removal devices that release heat from the steam back into the atmosphere. They play a crucial role in various industries such as power generation, HVAC, and industrial machineries by rejecting waste heat to the atmosphere. Rapid industrialization and expansion of manufacturing sector across developing economies have increased the demand for cooling towers for industrial processes. Moreover, rising energy consumption driven by increasing population and urbanization is propelling the installation of new power plants, which in turn is driving the cooling towers market. However, high initial installation and maintenance cost of cooling towers remain a key challenge for market growth. Ongoing research and development in the field of innovative cooling technologies are expected to bring various opportunities in the coming years.

Market Dynamics:

The global cooling towers market is driven by factors such as rapid industrialization and growing manufacturing sector globally. The increasing demand for energy due to rising population and urbanization is propelling the setting up of new power plants, which, in turn, is augmenting the need for cooling towers. However, high initial costs associated with the installation and maintenance of cooling towers acts as a major restraining factor affecting the market growth. The development of eco-friendly cooling technologies presents lucrative opportunities for the stakeholders in the cooling towers market. Ongoing R&D in the area of improving efficiency through new materials and design can further expand the application scope of cooling towers in future.

Key Features of the Study:

This report provides in-depth analysis of the global cooling towers market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global cooling towers market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Baltimore Aircoil Company Inc., Bell Cooling Tower, Brentwood Industries, Inc., ENEXIO Management GmbH, Evapco, Inc., Hamon & Cie International SA, ILMED IMPIANTI SRL, JACIR – GOHL, JAEGGI Hybridtechnologie AG, Johnson Controls, Inc., Kelvion Holding GmbH, Krones AG, MITA Cooling Technologies Srl, Paharpur Cooling Tower Limited, and SPX CORPORATION
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global cooling towers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cooling towers market

Detailed Segmentation:

By Product Type
Open Cooling Tower
Closed Circuit Cooling Tower
By Heat Transfer Method
Evaporative Cooling
Dry Cooling
Plume Abatement (Hybrid) Cooling
By Application
Air-Conditioning
Power Generation
Manufacturing Industry
By Regional
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
Key Players Insights
Baltimore Aircoil Company Inc.
Bell Cooling Tower
Brentwood Industries, Inc.
ENEXIO Management GmbH
Evapco, Inc.
Hamon & Cie International SA
ILMED IMPIANTI SRL
JACIR – GOHL
JAEGGI Hybridtechnologie AG
Johnson Controls, Inc.
Kelvion Holding GmbH
Krones AG
MITA Cooling Technologies Srl
Paharpur Cooling Tower Limited
SPX CORPORATION

1. Research Objectives and Assumptions: Research Objectives; Assumptions; Abbreviations
2. Market Purview: Report Description; Market Definition and Scope; Executive Summary; Market Snippet, By Product Type; Market Snippet, By Heat Transfer Method; Market Snippet, By Application; Market Snippet, By Region; Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis: Market Dynamics; Drivers; Restraints; Market Opportunities; Regulatory Scenario; Industry Trend; Merger and Acquisitions; New System Launches/Approvals; Impact of COVID-19 Pandemic
4. Global Cooling Towers Market, By Product Type, 2020-2032, (US$ Bn): Introduction; Market Share Analysis, 2025 and 2032 (%); Y-o-Y Growth Analysis, 2020-2032; Segment Trends; Open Cooling Tower; Introduction; Market Size and Forecast, 2020–2032, (US$ Bn); Closed Circuit Cooling Tower; Introduction; Market Size and Forecast, 2020–2032, (US$ Bn)
5. Global Cooling Towers Market, By Heat Transfer Method, 2020-2032, (US$ Bn): Introduction; Market Share Analysis, 2025 and 2032 (%); Y-o-Y Growth Analysis, 2020-2032; Segment Trends; Evaporative Cooling; Introduction; Market Size and Forecast, 2020–2032, (US$ Bn); Dry Cooling; Introduction; Market Size and Forecast, 2020–2032, (US$ Bn); Plume Abatement (Hybrid) Cooling; Introduction; Market Size and Forecast, 2020–2032, (US$ Bn)
6. Global Cooling Towers Market, By Application, 2020-2032, (US$ Bn): Introduction; Market Share Analysis, 2025 and 2032 (%); Y-o-Y Growth Analysis, 2020-2032; Segment Trends; Air-Conditioning; Introduction; Market Size and Forecast, 2020–2032, (US$ Bn); Power Generation; Introduction; Market Size and Forecast, 2020–2032, (US$ Bn); Manufacturing Industry; Introduction; Mark; et Size and Forecast, 2020–2032, (US$ Bn)
7. Global Cooling Towers Market, By Region, 2020-2032, (US$ Bn): Introduction; Market Share Analysis, By Region, 2025 and 2032 (%); Y-o-Y Growth Analysis, 2020-2032; North America; Regional Trends; Market Size and Forecast, By Product Type, 2020–2032, (US$ Bn); Market Size and Forecast, By Heat Transfer Method, 2020–2032, (US$ Bn); Market Size and Forecast, By Application, 2020–2032, (US$ Bn); Market Size and Forecast, By Country, 2020–2032, (US$ Bn); U.S.; Canada; Europe; Regional Trends; Market Size and Forecast, By Product Type, 2020–2032, (US$ Bn); Market Size and Forecast, By Heat Transfer Method, 2020–2032, (US$ Bn); Market Size and Forecast, By Application, 2020–2032, (US$ Bn); Market Size and Forecast, By Country, 2020–2032, (US$ Bn); Germany; U.K.; Spain; France; Italy; Russia; Rest of Europe; Asia Pacific; Regional Trends; Market Size and Forecast, By Product Type, 2020–2032, (US$ Bn); Market Size and Forecast, By Heat Transfer Method, 2020–2032, (US$ Bn); Market Size and Forecast, By Application, 2020–2032, (US$ Bn); Market Size and Forecast, By Country, 2020–2032, (US$ Bn); China; India; Japan; ASEAN; Australia; South Korea; Rest of Asia Pacific; Latin America; Regional Trends; Market Size and Forecast, By Product Type, 2020–2032, (US$ Bn); Market Size and Forecast, By Heat Transfer Method, 2020–2032, (US$ Bn); Market Size and Forecast, By Application, 2020–2032, (US$ Bn); Market Size and Forecast, By Country, 2020–2032, (US$ Bn); Brazil; Argentina; Mexico; Rest of Latin America; Middle East & Africa; Regional Trends; Market Size and Forecast, By Product Type, 2020–2032, (US$ Bn); Market Size and Forecast, By Heat Transfer Method, 2020–2032, (US$ Bn); Market Size and Forecast, By Application, 2020–2032, (US$ Bn); Market Size and Forecast, By Country, 2020–2032, (US$ Bn); South Africa; Israel; GCC Countries; Rest of the Middle East & Africa
8. Competitive Landscape: Company Profiles; Baltimore Aircoil Company Inc.; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; Bell Cooling Tower; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; Brentwood Industries, Inc.; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; ENEXIO Management GmbH; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; Evapco, Inc.; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; Hamon & Cie International SA; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; ILMED IMPIANTI SRL; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; JACIR – GOHL; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; JAEGGI Hybridtechnologie AG; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; Johnson Controls, Inc.; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; Kelvion Holding GmbH; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; Krones AG; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; MITA Cooling Technologies Srl; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; Paharpur Cooling Tower Limited; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates; SPX CORPORATION; Company Overview; Product Portfolio; Financial Performance; Key Strategies; Recent Developments/Updates
9. Analyst Recommendations: Wheel of Fortune; Analyst View; Coherent Opportunity Map
10. Research Methodology: References; Research Methodology; About us and Sales Contact; *Browse 60 market data tables and 40 figures on Cooling Towers Market - Global forecast to 2032”