Market Overview:
The global oil cooling units market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for oil cooling units from various end-use industries, such as machine tools, industrial machinery, data centers, and others. In addition, the growing awareness about energy efficiency and environmental concerns are also fueling the demand for oil cooling units across the globe.
Product Definition:
An oil cooling unit is a device used to cool an engine by circulating oil through it. The importance of oil cooling units is that they help to keep engines running cool and prevent them from overheating.
Spindle Oil Cooling:
Spindle oil cooling is a process where the lubricant in the spindle of an engine is cooled by spraying it with a fine mist of water. The oil cools the spindle down to prevent overheating and for effective functioning. This system works on various principles such as convection, conduction, and radiation heat transfer.
Gear Lubricating Oil Cooling:
Gear lubricating oil cooling and its usage in the oil cooling units market is a process where gear lubricating oils are used to cool the gears. These oils have high viscosity, low flash point and thermal stability. The Gear Lubricating Oil (GLO) acts as a heat sink for the gearbox by absorbing excess heat produced during transmission of power from engine to drive shaft. It also helps in maintaining optimum temperature of drive shaft which ensures smooth functioning of gears & bearings.
Application Insights:
The global demand for oil cooling units has witnessed a paradigm shift due to the emergence of data centers as one of the prominent end-use industries. The growth of this industry is directly proportional to the development and adoption of information technology in various sectors such as IT & telecommunication, computing, software, internet and e-commerce. Moreover, increasing penetration across end-use industries including food & beverage and healthcare on account of growing concerns regarding energy consumption is expected to drive product demand over the forecast period.
Industrial machinery was another major segment that accounted for a significant market share in 2017 owing to high product utilization across manufacturing facilities globally. The primary reason attributed for high product demand across industrial machinery applications is due to its ability provide extended equipment life along with improved production output leading to increased revenue generation within a short span of time since installation inception.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for computer hardware and data centers in emerging economies, such as China, India, Singapore, Thailand & South Korea. In addition, rising investments by multinational companies for setting up their manufacturing facilities in Asia Pacific are anticipated to fuel product demand over the next eight years.
The Middle East & Africa is estimated to witness significant growth from 2018 to 2030 owing to increasing oil production across major countries including Saudi Arabia and UAE. Moreover, growing offshore activities coupled with exploration activities are likely boost product demand across this region during the forecast period.
Growth Factors:
- Increasing demand for oil cooling units from the automotive and transportation sector
- Growing popularity of oil cooling units in the industrial sector
- Rising demand for energy-efficient oil cooling units
- Technological advancements in the design and manufacturing of oil cooling units
- Growing awareness about the benefits of using oil cooling units
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil Cooling Units Market Research Report
By Type
Spindle Oil Cooling, Gear Lubricating Oil Cooling, Hydraulic Oil Cooling, Grinding Oil Cooling, Cutting Oil Cooling, Others
By Application
Machine Tools, Industrial Machinery, Data Centers, Others
By Companies
Darkin, Hydac, Eurodifroid, Kaukan, Funke, AKG, Alfa Laval, Buhler, GEA, Pfannenberg, Ymer Technology, Parker, Sterling Thermal Technology, RAAL
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Oil Cooling Units Market Report Segments:
The global Oil Cooling Units market is segmented on the basis of:
Types
Spindle Oil Cooling, Gear Lubricating Oil Cooling, Hydraulic Oil Cooling, Grinding Oil Cooling, Cutting Oil Cooling, Others
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
Machine Tools, Industrial Machinery, Data Centers, Others
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:
- Darkin
- Hydac
- Eurodifroid
- Kaukan
- Funke
- AKG
- Alfa Laval
- Buhler
- GEA
- Pfannenberg
- Ymer Technology
- Parker
- Sterling Thermal Technology
- RAAL
Highlights of The Oil Cooling Units 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:
- Spindle Oil Cooling
- Gear Lubricating Oil Cooling
- Hydraulic Oil Cooling
- Grinding Oil Cooling
- Cutting Oil Cooling
- Others
- By Application:
- Machine Tools
- Industrial Machinery
- Data Centers
- Others
- 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 Oil Cooling Units 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?
Oil cooling units are used to cool the engine oil.
Some of the major players in the oil cooling units market are Darkin, Hydac, Eurodifroid, Kaukan, Funke, AKG, Alfa Laval, Buhler, GEA, Pfannenberg, Ymer Technology, Parker, Sterling Thermal Technology, RAAL.
The oil cooling units market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Oil Cooling Units 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. Oil Cooling Units Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Oil Cooling Units Market - Supply Chain
4.5. Global Oil Cooling Units Market Forecast
4.5.1. Oil Cooling Units Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Oil Cooling Units Market Size (000 Units) and Y-o-Y Growth
4.5.3. Oil Cooling Units Market Absolute $ Opportunity
5. Global Oil Cooling Units 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. Oil Cooling Units Market Size and Volume Forecast by Type
5.3.1. Spindle Oil Cooling
5.3.2. Gear Lubricating Oil Cooling
5.3.3. Hydraulic Oil Cooling
5.3.4. Grinding Oil Cooling
5.3.5. Cutting Oil Cooling
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Oil Cooling Units 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. Oil Cooling Units Market Size and Volume Forecast by Application
6.3.1. Machine Tools
6.3.2. Industrial Machinery
6.3.3. Data Centers
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Oil Cooling Units 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. Oil Cooling Units 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 Oil Cooling Units 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. Oil Cooling Units 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 Oil Cooling Units Demand Share Forecast, 2019-2026
9. North America Oil Cooling Units 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 Oil Cooling Units 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 Oil Cooling Units Market Size and Volume Forecast by Application
9.4.1. Machine Tools
9.4.2. Industrial Machinery
9.4.3. Data Centers
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Oil Cooling Units Market Size and Volume Forecast by Type
9.7.1. Spindle Oil Cooling
9.7.2. Gear Lubricating Oil Cooling
9.7.3. Hydraulic Oil Cooling
9.7.4. Grinding Oil Cooling
9.7.5. Cutting Oil Cooling
9.7.6. Others
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 Oil Cooling Units Demand Share Forecast, 2019-2026
10. Latin America Oil Cooling Units 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 Oil Cooling Units 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 Oil Cooling Units Market Size and Volume Forecast by Application
10.4.1. Machine Tools
10.4.2. Industrial Machinery
10.4.3. Data Centers
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Oil Cooling Units Market Size and Volume Forecast by Type
10.7.1. Spindle Oil Cooling
10.7.2. Gear Lubricating Oil Cooling
10.7.3. Hydraulic Oil Cooling
10.7.4. Grinding Oil Cooling
10.7.5. Cutting Oil Cooling
10.7.6. Others
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 Oil Cooling Units Demand Share Forecast, 2019-2026
11. Europe Oil Cooling Units 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 Oil Cooling Units 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 Oil Cooling Units Market Size and Volume Forecast by Application
11.4.1. Machine Tools
11.4.2. Industrial Machinery
11.4.3. Data Centers
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Oil Cooling Units Market Size and Volume Forecast by Type
11.7.1. Spindle Oil Cooling
11.7.2. Gear Lubricating Oil Cooling
11.7.3. Hydraulic Oil Cooling
11.7.4. Grinding Oil Cooling
11.7.5. Cutting Oil Cooling
11.7.6. Others
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 Oil Cooling Units Demand Share, 2019-2026
12. Asia Pacific Oil Cooling Units 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 Oil Cooling Units 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 Oil Cooling Units Market Size and Volume Forecast by Application
12.4.1. Machine Tools
12.4.2. Industrial Machinery
12.4.3. Data Centers
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Oil Cooling Units Market Size and Volume Forecast by Type
12.7.1. Spindle Oil Cooling
12.7.2. Gear Lubricating Oil Cooling
12.7.3. Hydraulic Oil Cooling
12.7.4. Grinding Oil Cooling
12.7.5. Cutting Oil Cooling
12.7.6. Others
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 Oil Cooling Units Demand Share, 2019-2026
13. Middle East & Africa Oil Cooling Units 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 Oil Cooling Units 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 Oil Cooling Units Market Size and Volume Forecast by Application
13.4.1. Machine Tools
13.4.2. Industrial Machinery
13.4.3. Data Centers
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Oil Cooling Units Market Size and Volume Forecast by Type
13.7.1. Spindle Oil Cooling
13.7.2. Gear Lubricating Oil Cooling
13.7.3. Hydraulic Oil Cooling
13.7.4. Grinding Oil Cooling
13.7.5. Cutting Oil Cooling
13.7.6. Others
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 Oil Cooling Units Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Oil Cooling Units Market: Market Share Analysis
14.2. Oil Cooling Units Distributors and Customers
14.3. Oil Cooling Units Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Darkin
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hydac
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Eurodifroid
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kaukan
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Funke
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AKG
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Alfa Laval
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Buhler
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. GEA
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Pfannenberg
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ymer Technology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Parker
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sterling Thermal Technology
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. RAAL
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