Market Overview:
The global power plant air cooling system market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for electricity and the need for efficient and reliable air cooling systems in power plants. Based on type, the direct air cooling system segment is expected to lead the global power plant air cooling system market during the forecast period. This segment is projected to grow at a CAGR of 6.0% from 2018 to 2030, owing to its high efficiency and low maintenance cost as compared with other types of air cooling systems. Based on application, the coal fired power plant segment accounted for majority share of the global market in 2017 and is projected to maintain its dominance duringthe forecast period.
Product Definition:
A power plant air cooling system is a series of equipment used to remove heat from the water in a nuclear or fossil fuel-powered electric generating station. The water is then circulated back to the plant's steam generators to create steam that drives the turbines.
Direct Air Cooling System:
Direct Air Cooling System (DACS) is a closed cooling system used in power plants to remove the heat from the flue gas before it is released to atmosphere. The system works by drawing air through the plant and removing heat with which it comes into contact. It does not require any water for cooling, unlike open cycle systems such as chillers or air conditioning systems.
Indirect Air Cooling System:
An indirect air cooling system is a heat removal device used in power plants to cool the flue gases before they are released to the atmosphere. The system consists of various components including gas cooler, pre-cooler, filter dryers and fans. An increase in environmental concerns has resulted in stringent regulations being imposed on power plant owners by governments around the world.
Application Insights:
Coal-fired power plant application dominated the global market in terms of revenue share in 2017. The segment is projected to witness a CAGR of XX% from 2018 to 2030. Increasing demand for electricity generated by coal plants is expected to drive the growth over the forecast period.
The others application segment includes gas-fired power plant, nuclear power plant, biomasspowerplant and waste-to energy plants among others. Growing demand for electricity coupled with rising concerns regarding greenhouse gasses are expected to drive this growth over the forecast period as these plants produce low emissions compared with other sources such as fossil fuel based generators or even solar panels generating stations when it comes to cooling system usage.
Regional Analysis:
Asia Pacific is anticipated to be the fastest growing regional market over the forecast period. The growth can be attributed to increasing demand for electricity in emerging economies, such as China and India. In 2016, Asia Pacific accounted for a share of more than 30% of global power plant air cooling system market revenue. Furthermore, factors such as rapid industrialization and urbanization in these countries are expected to drive the product demand further.
China is projected to witness significant growth owing to its rapidly expanding coal fired power sector which will have a positive impact on APAC’s overall industry trends during the forecast period from 2017-2030 (estimated CAGR of XX%). Moreover, rising investments by foreign players in this region are likely boost industry development over next eight years (2017-2027).
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Stringent environmental regulations for power plants
- Development of more efficient and compact air cooling systems
- Growing popularity of Combined Cycle Power Plants (CCPP)
- Increased use of renewable energy sources
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Plant Air Cooling System Market Research Report
By Type
Direct Air Cooling System, Indirect Air Cooling System
By Application
Coal Fired Power Plant, Others (including Nuclear Power Plant, Gas Power Plant, Biomass Power Plant, Waste to Energy Power Plant)
By Companies
Harbin Air Conditioning Co., Ltd., Hamon, Beijing Shouhang IHW Resources Saving Technology Company Co., Ltd, SPG Dry Cooling (Paharpur), ENEXIO, Beijing Longyuan Cooling Technology
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
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global Power Plant Air Cooling System Market Report Segments:
The global Power Plant Air Cooling System market is segmented on the basis of:
Types
Direct Air Cooling System, Indirect Air Cooling System
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
Coal Fired Power Plant, Others (including Nuclear Power Plant, Gas Power Plant, Biomass Power Plant, Waste to Energy Power Plant)
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:
- Harbin Air Conditioning Co., Ltd.
- Hamon
- Beijing Shouhang IHW Resources Saving Technology Company Co., Ltd
- SPG Dry Cooling (Paharpur)
- ENEXIO
- Beijing Longyuan Cooling Technology
Highlights of The Power Plant Air Cooling System 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:
- Direct Air Cooling System
- Indirect Air Cooling System
- By Application:
- Coal Fired Power Plant
- Others (including Nuclear Power Plant, Gas Power Plant, Biomass Power Plant, Waste to Energy Power Plant)
- 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 Power Plant Air Cooling System 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
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- Consumer Insights
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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?
A power plant air cooling system is a set of equipment used to cool the air entering and leaving a power plant. The system typically consists of an air intake tower, an exhaust tower, and a series of fans that move the cooled air around the plant.
Some of the major players in the power plant air cooling system market are Harbin Air Conditioning Co., Ltd., Hamon, Beijing Shouhang IHW Resources Saving Technology Company Co., Ltd, SPG Dry Cooling (Paharpur), ENEXIO, Beijing Longyuan Cooling Technology.
The power plant air cooling system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Power Plant Air Cooling System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Power Plant Air Cooling System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Power Plant Air Cooling System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Power Plant Air Cooling System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Power Plant Air Cooling System Market Size & Forecast, 2020-2028
4.5.1 Power Plant Air Cooling System Market Size and Y-o-Y Growth
4.5.2 Power Plant Air Cooling System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Direct Air Cooling System
5.2.2 Indirect Air Cooling System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Coal Fired Power Plant
6.2.2 Others (including Nuclear Power Plant
6.2.3 Gas Power Plant
6.2.4 Biomass Power Plant
6.2.5 Waste to Energy Power Plant)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Power Plant Air Cooling System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Power Plant Air Cooling System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Direct Air Cooling System
9.6.2 Indirect Air Cooling System
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Coal Fired Power Plant
9.10.2 Others (including Nuclear Power Plant
9.10.3 Gas Power Plant
9.10.4 Biomass Power Plant
9.10.5 Waste to Energy Power Plant)
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Direct Air Cooling System
10.6.2 Indirect Air Cooling System
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Coal Fired Power Plant
10.10.2 Others (including Nuclear Power Plant
10.10.3 Gas Power Plant
10.10.4 Biomass Power Plant
10.10.5 Waste to Energy Power Plant)
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Direct Air Cooling System
11.6.2 Indirect Air Cooling System
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Coal Fired Power Plant
11.10.2 Others (including Nuclear Power Plant
11.10.3 Gas Power Plant
11.10.4 Biomass Power Plant
11.10.5 Waste to Energy Power Plant)
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Direct Air Cooling System
12.6.2 Indirect Air Cooling System
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Coal Fired Power Plant
12.10.2 Others (including Nuclear Power Plant
12.10.3 Gas Power Plant
12.10.4 Biomass Power Plant
12.10.5 Waste to Energy Power Plant)
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Direct Air Cooling System
13.6.2 Indirect Air Cooling System
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Coal Fired Power Plant
13.10.2 Others (including Nuclear Power Plant
13.10.3 Gas Power Plant
13.10.4 Biomass Power Plant
13.10.5 Waste to Energy Power Plant)
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Power Plant Air Cooling System Market: Competitive Dashboard
14.2 Global Power Plant Air Cooling System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Harbin Air Conditioning Co., Ltd.
14.3.2 Hamon
14.3.3 Beijing Shouhang IHW Resources Saving Technology Company Co., Ltd
14.3.4 SPG Dry Cooling (Paharpur)
14.3.5 ENEXIO
14.3.6 Beijing Longyuan Cooling Technology
