The global dry cooling systems market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for energy-efficient cooling systems in various industries such as chemical industry, engineering and metallurgy, and energy industry. The increasing demand for air cooled condensers (ACCs) in the chemical industry is also driving the growth of this market.
The global dry cooling systems market by type can be segmented into air cooled condensers (ACCs) and air cooled heat exchangers (ACHEs). ACCs are used in various industries such as chemical industry, engineering and metallurgy, and energy industry whereas ACHEs are used mainly in industrial applications such as power plants or petrochemical plants. The ACC segment accounted for more than 50% share of the total revenue generated by this market during 2017-2021. This can be attributed to its wide application across various industries which include chemical industry, engineering and metallurgy, and energy sector among others.
The global dry cooling systems market by application can be segmented into three segments namely Energy Industry Chemical Industry Engineering & Metallurgy And Other Applications. Energy Industry accounted for more than 50% share of total revenue generated by this market during 2017-2021 due to its high adoption rate across various sectors including power generation plants or petrochemical plants among others which require efficient cooling solutions that reduce their operational costs significantly.
Some Of The Growth Factors Of This Market:
- The increasing demand for energy efficient cooling systems.
- The need to reduce the carbon footprint of buildings.
- The need to reduce the cost of cooling systems.
- The need for more sustainable and environmentally friendly cooling systems.
- Increasing awareness about the benefits of dry cooling.
Industry Growth Insights published a new data on “Dry Cooling Systems Market”. The research report is titled “Dry Cooling Systems Market research by Types (Air Cooled Condensers (ACCs), Air Cooled Heat Exchangers (ACHEs)), By Applications (Energy Industry, Chemical Industry, Engineering and Metallurgy, Other), By Players/Companies Enexio, SPX, EVAPCO, Hamon, Holtec, HAC, Shouhang, BLCT, Shuangliang, Tianrui, Lanpec, Longhua Energy-saving”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Dry Cooling Systems Market Research Report
By Type
Air Cooled Condensers (ACCs), Air Cooled Heat Exchangers (ACHEs)
By Application
Energy Industry, Chemical Industry, Engineering and Metallurgy, Other
By Companies
Enexio, SPX, EVAPCO, Hamon, Holtec, HAC, Shouhang, BLCT, Shuangliang, Tianrui, Lanpec, Longhua Energy-saving
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Dry Cooling Systems Market Report Segments:
The global Dry Cooling Systems market is segmented on the basis of:
Types
Air Cooled Condensers (ACCs), Air Cooled Heat Exchangers (ACHEs)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Energy Industry, Chemical Industry, Engineering and Metallurgy, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Enexio
- SPX
- EVAPCO
- Hamon
- Holtec
- HAC
- Shouhang
- BLCT
- Shuangliang
- Tianrui
- Lanpec
- Longhua Energy-saving
Highlights of The Dry Cooling Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Air Cooled Condensers (ACCs)
- Air Cooled Heat Exchangers (ACHEs)
- By Application:
- Energy Industry
- Chemical Industry
- Engineering and Metallurgy
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dry Cooling Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dry cooling systems use a refrigerant to transfer heat from an object or area to the air. The refrigerant is then evaporated, which removes the heat from the object or area.
Some of the major players in the dry cooling systems market are Enexio, SPX, EVAPCO, Hamon, Holtec, HAC, Shouhang, BLCT, Shuangliang, Tianrui, Lanpec, Longhua Energy-saving.
The dry cooling systems market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Dry Cooling Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Dry Cooling Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Dry Cooling Systems Market - Supply Chain
4.5. Global Dry Cooling Systems Market Forecast
4.5.1. Dry Cooling Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Dry Cooling Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Dry Cooling Systems Market Absolute $ Opportunity
5. Global Dry Cooling Systems Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Dry Cooling Systems Market Size and Volume Forecast by Type
5.3.1. Air Cooled Condensers (ACCs)
5.3.2. Air Cooled Heat Exchangers (ACHEs)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Dry Cooling Systems Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Dry Cooling Systems Market Size and Volume Forecast by Application
6.3.1. Energy Industry
6.3.2. Chemical Industry
6.3.3. Engineering and Metallurgy
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Dry Cooling Systems Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Dry Cooling Systems Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Dry Cooling Systems Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Dry Cooling Systems Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Dry Cooling Systems Demand Share Forecast, 2019-2026
9. North America Dry Cooling Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Dry Cooling Systems Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Dry Cooling Systems Market Size and Volume Forecast by Application
9.4.1. Energy Industry
9.4.2. Chemical Industry
9.4.3. Engineering and Metallurgy
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Dry Cooling Systems Market Size and Volume Forecast by Type
9.7.1. Air Cooled Condensers (ACCs)
9.7.2. Air Cooled Heat Exchangers (ACHEs)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Dry Cooling Systems Demand Share Forecast, 2019-2026
10. Latin America Dry Cooling Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Dry Cooling Systems Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Dry Cooling Systems Market Size and Volume Forecast by Application
10.4.1. Energy Industry
10.4.2. Chemical Industry
10.4.3. Engineering and Metallurgy
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Dry Cooling Systems Market Size and Volume Forecast by Type
10.7.1. Air Cooled Condensers (ACCs)
10.7.2. Air Cooled Heat Exchangers (ACHEs)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Dry Cooling Systems Demand Share Forecast, 2019-2026
11. Europe Dry Cooling Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Dry Cooling Systems Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Dry Cooling Systems Market Size and Volume Forecast by Application
11.4.1. Energy Industry
11.4.2. Chemical Industry
11.4.3. Engineering and Metallurgy
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Dry Cooling Systems Market Size and Volume Forecast by Type
11.7.1. Air Cooled Condensers (ACCs)
11.7.2. Air Cooled Heat Exchangers (ACHEs)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Dry Cooling Systems Demand Share, 2019-2026
12. Asia Pacific Dry Cooling Systems Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Dry Cooling Systems Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Dry Cooling Systems Market Size and Volume Forecast by Application
12.4.1. Energy Industry
12.4.2. Chemical Industry
12.4.3. Engineering and Metallurgy
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Dry Cooling Systems Market Size and Volume Forecast by Type
12.7.1. Air Cooled Condensers (ACCs)
12.7.2. Air Cooled Heat Exchangers (ACHEs)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Dry Cooling Systems Demand Share, 2019-2026
13. Middle East & Africa Dry Cooling Systems Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Dry Cooling Systems Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Dry Cooling Systems Market Size and Volume Forecast by Application
13.4.1. Energy Industry
13.4.2. Chemical Industry
13.4.3. Engineering and Metallurgy
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Dry Cooling Systems Market Size and Volume Forecast by Type
13.7.1. Air Cooled Condensers (ACCs)
13.7.2. Air Cooled Heat Exchangers (ACHEs)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Dry Cooling Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Dry Cooling Systems Market: Market Share Analysis
14.2. Dry Cooling Systems Distributors and Customers
14.3. Dry Cooling Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Enexio
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SPX
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. EVAPCO
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hamon
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Holtec
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. HAC
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Shouhang
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. BLCT
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shuangliang
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tianrui
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Lanpec
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Longhua Energy-saving
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
