Cooling Tower Market (Construction Type: Field-Erected Products (FEP), Factory-Assembled Products (FAP). Draft Type; Induced Draft, Natural Draft, Forced Draft) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2034

Cooling Tower Market (Construction Type: Field-Erected Products (FEP), Factory-Assembled Products (FAP). Draft Type; Induced Draft, Natural Draft, Forced Draft) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2034


Cooling Tower Market - Scope of Report

TMR's report on the global cooling tower market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2024 to 2034. The report provides revenue of the global cooling tower market for the period 2018-2034, considering 2024 as the base year and 2034 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global cooling tower market from 2024 to 2034.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the cooling tower market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global cooling tower market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global cooling tower market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global cooling tower market.

The report delves into the competitive landscape of the global cooling tower market. Key players operating in the global cooling tower market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global cooling tower market profiled in this report.

Key Questions Answered in Global cooling tower Market Report
  • What is the sales/revenue generated by cooling tower across all regions during the forecast period?
  • What are the opportunities in the global cooling tower market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2034?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?
Cooling Tower Market - Research Objectives and Research Approach

The comprehensive report on the global cooling tower market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global cooling tower market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2034 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global cooling tower market.


1. Preface
  1.1. Market Definition and Scope
  1.2. Market Segmentation
  1.3. Key Research Objectives
  1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
  5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
  5.2. Key Trends Analysis
5.2.1. Demand Side Analysis
5.2.2. Supply Side Analysis
  5.3. Key Market Indicators
  5.4. Porter’s Five Forces Analysis
  5.5. Value Chain Analysis
  5.6. PESTEL Analysis
  5.7. Technological Overview
  5.8. Standards and Regulations
  5.9. Global Cooling Tower Market Analysis and Forecast, 2020-2034
5.9.1. Market Value Projections (US$ Bn)
6. Global Cooling Tower Market Analysis and Forecast, by Construction Type
  6.1. Cooling Tower Market Size (US$ Bn), By Construction Type, 2020-2034
6.1.1. Field-Erected Products (FEP)
6.1.2. Factory-Assembled Products (FAP)
  6.2. Incremental Opportunity Analysis, by Construction Type
7. Global Cooling Tower Market Analysis and Forecast, by Draft Type
  7.1. Cooling Tower Market Size (US$ Bn), By Draft Type, 2020-2034
7.1.1. Induced Draft
7.1.2. Natural Draft
7.1.3. Forced Draft
  7.2. Incremental Opportunity Analysis, by Draft Type
8. Global Cooling Tower Market Analysis and Forecast, by Method of Heat Transfer
  8.1. Cooling Tower Market Size (US$ Bn), By Method of Heat Transfer, 2020-2034
8.1.1. Evaporative
8.1.2. Dry
8.1.3. Hybrid
  8.2. Incremental Opportunity Analysis, by Method of Heat Transfer
9. Global Cooling Tower Market Analysis and Forecast, by End-use
  9.1. Cooling Tower Market Size (US$ Bn), By End-use, 2020-2034
9.1.1. Power
9.1.2. Oil & Gas
9.1.3. HVAC
9.1.4. Others
  9.2. Incremental Opportunity Analysis, by End-use
10. Global Cooling Tower Market Analysis and Forecast, by Region
  10.1. Cooling Tower Market Size (US$ Bn), By Region, 2020 - 2034
10.1.1. North America
10.1.2. Europe
10.1.3. Asia Pacific
10.1.4. Middle East & Africa
10.1.5. South America
  10.2. Incremental Opportunity Analysis, by Region
11. North America Cooling Tower Market Analysis and Forecast
  11.1. Regional Snapshot
  11.2. Key Trend Analysis
  11.3. Market Share Analysis (%)
  11.4. Price Trend Analysis
11.4.1. Weighted Average Selling Price (USD)
  11.5. Cooling Tower Market Size (US$ Bn), By Construction Type, 2020-2034
11.5.1. Field-Erected Products (FEP)
11.5.2. Factory-Assembled Products (FAP)
  11.6. Cooling Tower Market Size (US$ Bn), By Draft Type, 2020-2034
11.6.1. Induced Draft
11.6.2. Natural Draft
11.6.3. Forced Draft
  11.7. Cooling Tower Market Size (US$ Bn), By Method of Heat Transfer, 2020-2034
11.7.1. Evaporative
11.7.2. Dry
11.7.3. Hybrid
  11.8. Cooling Tower Market Size (US$ Bn), By End-use, 2020-2034
11.8.1. Power
11.8.2. Oil & Gas
11.8.3. HVAC
11.8.4. Others
  11.9. Cooling Tower Market Size (US$ Bn), By Country, 2020-2034
11.9.1. U.S.
11.9.2. Canada
11.9.3. Rest of North America
  11.10. Incremental Opportunity Analysis
12. Europe Cooling Tower Market Analysis and Forecast
  12.1. Regional Snapshot
  12.2. Macroeconomic Scenario
  12.3. Key Trend Analysis
  12.4. Market Share Analysis (%)
  12.5. Price Trend Analysis
12.5.1. Weighted Average Selling Price (USD)
  12.6. Cooling Tower Market Size (US$ Bn), By Construction Type, 2020-2034
12.6.1. Field-Erected Products (FEP)
12.6.2. Factory-Assembled Products (FAP)
  12.7. Cooling Tower Market Size (US$ Bn), By Draft Type, 2020-2034
12.7.1. Induced Draft
12.7.2. Natural Draft
12.7.3. Forced Draft
  12.8. Cooling Tower Market Size (US$ Bn), By Method of Heat Transfer, 2020-2034
12.8.1. Evaporative
12.8.2. Dry
12.8.3. Hybrid
  12.9. Cooling Tower Market Size (US$ Bn), By End-use, 2020-2034
12.9.1. Power
12.9.2. Oil & Gas
12.9.3. HVAC
12.9.4. Others
  12.10. Cooling Tower Market Size (US$ Bn), By Country, 2020-2034
12.10.1. Germany
12.10.2. U.K.
12.10.3. France
12.10.4. Italy
12.10.5. Spain
12.10.6. The Netherlands
12.10.7. Rest of Europe
  12.11. Incremental Opportunity Analysis
13. Asia Pacific Cooling Tower Market Analysis and Forecast
  13.1. Regional Snapshot
  13.2. Macroeconomic Scenario
  13.3. Key Trend Analysis
  13.4. Market Share Analysis (%)
  13.5. Price Trend Analysis
13.5.1. Weighted Average Selling Price (USD)
  13.6. Cooling Tower Market Size (US$ Bn), By Construction Type, 2020-2034
13.6.1. Field-Erected Products (FEP)
13.6.2. Factory-Assembled Products (FAP)
  13.7. Cooling Tower Market Size (US$ Bn), By Draft Type, 2020-2034
13.7.1. Induced Draft
13.7.2. Natural Draft
13.7.3. Forced Draft
  13.8. Cooling Tower Market Size (US$ Bn), By Method of Heat Transfer, 2020-2034
13.8.1. Evaporative
13.8.2. Dry
13.8.3. Hybrid
  13.9. Cooling Tower Market Size (US$ Bn), By End-use, 2020-2034
13.9.1. Power
13.9.2. Oil & Gas
13.9.3. HVAC
13.9.4. Others
  13.10. Cooling Tower Market Size (US$ Bn), By Country, 2020-2034
13.10.1. China
13.10.2. India
13.10.3. Japan
13.10.4. Australia
13.10.5. South Korea
13.10.6. ASEAN
13.10.7. Rest of Asia Pacific
  13.11. Incremental Opportunity Analysis
14. Middle East & Africa Cooling Tower Market Analysis and Forecast
  14.1. Regional Snapshot
  14.2. Macroeconomic Scenario
  14.3. Key Trend Analysis
  14.4. Market Share Analysis (%)
  14.5. Price Trend Analysis
14.5.1. Weighted Average Selling Price (USD)
  14.6. Cooling Tower Market Size (US$ Bn), By Construction Type, 2020-2034
14.6.1. Field-Erected Products (FEP)
14.6.2. Factory-Assembled Products (FAP)
  14.7. Cooling Tower Market Size (US$ Bn), By Draft Type, 2020-2034
14.7.1. Induced Draft
14.7.2. Natural Draft
14.7.3. Forced Draft
  14.8. Cooling Tower Market Size (US$ Bn), By Method of Heat Transfer, 2020-2034
14.8.1. Evaporative
14.8.2. Dry
14.8.3. Hybrid
  14.9. Cooling Tower Market Size (US$ Bn), By End-use, 2020-2034
14.9.1. Power
14.9.2. Oil & Gas
14.9.3. HVAC
14.9.4. Others
  14.10. Cooling Tower Market Size (US$ Bn), By Country, 2020-2034
14.10.1. UAE
14.10.2. Saudi Arabia
14.10.3. Qatar
14.10.4. Kuwait
14.10.5. Nigeria
14.10.6. South Africa
14.10.7. Rest of Middle East & Africa
  14.11. Incremental Opportunity Analysis
15. South America Cooling Tower Market Analysis and Forecast
  15.1. Regional Snapshot
  15.2. Macroeconomic Scenario
  15.3. Key Trend Analysis
  15.4. Market Share Analysis (%)
  15.5. Price Trend Analysis
15.5.1. Weighted Average Selling Price (USD)
  15.6. Cooling Tower Market Size (US$ Bn), By Construction Type, 2020-2034
15.6.1. Field-Erected Products (FEP)
15.6.2. Factory-Assembled Products (FAP)
  15.7. Cooling Tower Market Size (US$ Bn), By Draft Type, 2020-2034
15.7.1. Induced Draft
15.7.2. Natural Draft
15.7.3. Forced Draft
  15.8. Cooling Tower Market Size (US$ Bn), By Method of Heat Transfer, 2020-2034
15.8.1. Evaporative
15.8.2. Dry
15.8.3. Hybrid
  15.9. Cooling Tower Market Size (US$ Bn), By End-use, 2020-2034
15.9.1. Power
15.9.2. Oil & Gas
15.9.3. HVAC
15.9.4. Others
  15.10. Cooling Tower Market Size (US$ Bn), By Country, 2020-2034
15.10.1. Brazil
15.10.2. Argentina
15.10.3. Rest of South America
  15.11. Incremental Opportunity Analysis
16. Competition Landscape
  16.1. Market Player - Competition Dashboard
  16.2. Market Share Analysis (%), 2023
  16.3. Company Profiles
16.3.1. SPX Cooling Tech, LLC
16.3.1.1. Company Overview
16.3.1.2. Sales Area/Geographical Presence
16.3.1.3. Product Portfolio
16.3.1.4. Key Financials
16.3.1.5. Strategy & Business Overview
16.3.2. Baltimore Aircoil Company, Inc.
16.3.2.1. Company Overview
16.3.2.2. Sales Area/Geographical Presence
16.3.2.3. Product Portfolio
16.3.2.4. Key Financials
16.3.2.5. Strategy & Business Overview
16.3.3. Bell Cooling Tower
16.3.3.1. Company Overview
16.3.3.2. Sales Area/Geographical Presence
16.3.3.3. Product Portfolio
16.3.3.4. Key Financials
16.3.3.5. Strategy & Business Overview
16.3.4. Brentwood Industries, Inc.
16.3.4.1. Company Overview
16.3.4.2. Sales Area/Geographical Presence
16.3.4.3. Product Portfolio
16.3.4.4. Key Financials
16.3.4.5. Strategy & Business Overview
16.3.5. ENEXIO Management GmbH
16.3.5.1. Company Overview
16.3.5.2. Sales Area/Geographical Presence
16.3.5.3. Product Portfolio
16.3.5.4. Key Financials
16.3.5.5. Strategy & Business Overview
16.3.6. Hamon & Cie (International) SA
16.3.6.1. Company Overview
16.3.6.2. Sales Area/Geographical Presence
16.3.6.3. Product Portfolio
16.3.6.4. Key Financials
16.3.6.5. Strategy & Business Overview
16.3.7. Johnson Controls Inc.
16.3.7.1. Company Overview
16.3.7.2. Sales Area/Geographical Presence
16.3.7.3. Product Portfolio
16.3.7.4. Key Financials
16.3.7.5. Strategy & Business Overview
16.3.8. Paharpur Cooling Tower Limited
16.3.8.1. Company Overview
16.3.8.2. Sales Area/Geographical Presence
16.3.8.3. Product Portfolio
16.3.8.4. Key Financials
16.3.8.5. Strategy & Business Overview
16.3.9. Spig S.P.A.
16.3.9.1. Company Overview
16.3.9.2. Sales Area/Geographical Presence
16.3.9.3. Product Portfolio
16.3.9.4. Key Financials
16.3.9.5. Strategy & Business Overview
16.3.10. Star Cooling Tower Pvt. Ltd.
16.3.10.1. Company Overview
16.3.10.2. Sales Area/Geographical Presence
16.3.10.3. Product Portfolio
16.3.10.4. Key Financials
16.3.10.5. Strategy & Business Overview
16.3.11. Other key players
16.3.11.1. Company Overview
16.3.11.2. Sales Area/Geographical Presence
16.3.11.3. Product Portfolio
16.3.11.4. Key Financials
16.3.11.5. Strategy & Business Overview
17. Go To Market Strategy

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