Dry Cooler Market
Dry Cooler Market Forecast, Trend Analysis & Competition Tracking - Global Review 2019 to 2029
Analysis of Dry Cooler Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Dry Cooler Market: Introduction
Dry cooler is an air-cooled device, which is utilized to remove excess heat from the system. Water is most preferably circulated through the cold media of the dry cooler, where the heat exchanger with the surrounding air cools the media. Exhaust fans are utilized to force the air through the dry cooler. So as to maintain a highly efficient process, a 5 Kelvin temperature difference is recommended between the cooling air and the medium. A dry cooler is often used in industries where heat removal is highly necessary, such as, process cooling or re-cooling.
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Dry Cooler Market: Dynamics
The global dry cooler market has witnessed a gradual growth over the past decade and is likely to excel over the forecast period. Expansion in the IT, commercial and industrial sector has resulted in increased demand for dry coolers across all major developing economies. The macroeconomic factor, such as growing urbanization & industrial activities coupled with technological advancement in the HVAC industry is further augmenting the sales for dry cooler.
The significant increase in sales of dry cooler due to the growing concerns regarding efficient & effective operations in industrial operations is highly anticipated to drive the global dry cooler market. Moreover, considerable growth in the South and East Asia industrial sector and rising concerns regarding greenhouse gas emission is anticipated to create a significant opportunity for the global dry cooler market. Additionally, the superior performance characteristics of dry cooler such as, no or less water usage, no water treatment, less maintenance and operational safety is highly anticipated to boost the demand for dry cooler.
As dry cooler plays a significant role in helping a building operate more efficiently, dry cooler is gaining huge recognition across all regions. All the above mentioned major influencing features are highly anticipated to drive the global dry cooler market over the forecast period. The key restraining factor such as slow replacement rate, complex installation process of dry cooler and prominence of conventional coolers in the current market may hinder the global dry cooler market growth over the forecast period.
Dry Cooler Market: Regional Outlook
The global dry cooler market is segmented into seven regions: North America, Europe, MEA, East Asia (Japan, China, and South Korea), South Asia (India, Thailand, Malaysia, Indonesia, Philippines, and Rest of South Asia), Oceania (Australia, New Zealand) and Latin America. Among the above-mentioned countries, North America is projected to account for a notable market share due to the predominant IT sector.
East Asia is anticipated to witness a high growth in the global dry cooler market owing to the rise in industrial, construction and telecommunication expansion activities. Furthermore, South Asia and MEA is projected to showcase most enthusiastic growth in the global dry cooler market due to the rise in the urbanization coupled with a surge in power consumption across the region. Europe is one of the key matured regions that will create praiseworthy product demand opportunity through replacement of conventional cooler by advanced dry cooler over the forecast period due to the existence of significant robust infrastructure.
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Dry Cooler Market: Prominent players
Prominent players for the global dry cooler market are Modine Manufacturing Company, Dry Coolers Inc., ConServ Building Services, LLC, Colmac Coil Manufacturing, Inc., Motivair Corporation, Aquatech S.r.l., Babcock & Wilcox Enterprises, Inc., Baltimore Aircoil International nv, Carrier Corporation, Thermax, Refteco Srl, ThermoKey S.p.A., Guntner U.S. LLC, Swegon Group AB, Vertiv Group Corp., EVAPCO, Inc. and Lennox International, among other key market players. The dry cooler market consists of well-diversified global and regional players with the global vendors ruling the market.
The research report presents a comprehensive assessment of the dry cooler market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The dry cooler market report provides analysis and information according to market segments such as geographies, application and industry.
The Dry Cooler Market Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
The Dry Cooler Market Regional Analysis Includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
- CIS and Russia
- Asia-Pacific (China, India, ASEAN, South Korea)
- Japan
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
The Dry Cooler report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Dry Cooler report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The Dry Cooler report also maps the qualitative impact of various market factors on market segments and geographies.
The Dry Cooler Market Report Highlights:
- A Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Dry Cooler Market: Segmentation
The global dry cooler market is segmented on the basis of product type, cooling capacity, end-use sector and region.
Based on the product type, the global dry cooler market is segmented as:
- 'V' type
- Horizontal Type
Based on the cooling capacity, the global dry cooler market is segmented as:
- Upto 50 kW
- 50 kW – 100 kW
- 100 kW – 500 kW
- Above 500 kW
Based on the end-use sector, the global dry cooler market is segmented as:
- Steel
- Refinery & petrochemicals
- Rubber
- Information & Technology
- Textiles
- Power industry
- Others
“V” type dry cooler is anticipated to showcase extraordinary growth rate during the forecast period due to its low cost and its operational efficiency. On the other hand, information & technology sector segment is anticipated to see rapid market growth over the forecast period, attributed to phenomenal growth of the sector.
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Product Type 6.2. Cooling Capacity 6.3. End-Use Sector 7. Global Market Analysis and Forecast, By Product Type 7.1. 'V' Type 7.2. Horizontal Type 8. Global Market Analysis and Forecast, By Cooling Capacity 8.1. Upto 50 Kw 8.2. 50 Kw – 100 Kw 8.3. 100 Kw – 500 Kw 8.4. Above 500 Kw 9. Global Market Analysis and Forecast, By End-Use Sector 9.1. Steel 9.2. Refinery & Petrochemicals 9.3. Rubber 9.4. Information & Technology 9.5. Textiles 9.6. Power Industry 9.7. Others 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. East Asia 10.6. South Asia & Pacific 10.7. MEA 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 15. East Asia Sales Analysis and Forecast, by Key Segments and Countries 16. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 17. MEA Sales Analysis and Forecast, by Key Segments and Countries 18. Sales Forecast by Product Type, Cooling Capacity, and End-Use Sector for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. Modine Manufacturing Company 20.2. Dry Coolers Inc. 20.3. ConServ Building Services, LLC 20.4. Colmac Coil Manufacturing, Inc. 20.5. Motivair Corporation 20.6. Aquatech S.r.l. 20.7. Babcock & Wilcox Enterprises, Inc. 20.8. Baltimore Aircoil International nv 20.9. Carrier Corporation 20.10. Thermax 20.11. Refteco Srl 20.12. ThermoKey S.p.A. 20.13. Guntner U.S. LLC 20.14. Swegon Group AB 20.15. Vertiv Group Corp. 20.16. EVAPCO, Inc. 20.17. Lennox International
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Product Type
Table 3: Global Market US$ Mn Forecast by Cooling Capacity
Table 4: Global Market US$ Mn Forecast by End-Use Sector
Table 5: North America Market US$ Mn Forecast by Country
Table 6: North America Market US$ Mn Forecast by Product Type
Table 7: North America Market US$ Mn Forecast by Cooling Capacity
Table 8: North America Market US$ Mn Forecast by End-Use Sector
Table 9: Latin America Market US$ Mn Forecast by Country
Table 10: Latin America Market US$ Mn Forecast by Product Type
Table 11: Latin America Market US$ Mn Forecast by Cooling Capacity
Table 12: Latin America Market US$ Mn Forecast by End-Use Sector
Table 13: Western Europe Market US$ Mn Forecast by Country
Table 14: Western Europe Market US$ Mn Forecast by Product Type
Table 15: Western Europe Market US$ Mn Forecast by Cooling Capacity
Table 16: Western Europe Market US$ Mn Forecast by End-Use Sector
Table 17: Eastern Europe Market US$ Mn Forecast by Country
Table 18: Eastern Europe Market US$ Mn Forecast by Product Type
Table 19: Eastern Europe Market US$ Mn Forecast by Cooling Capacity
Table 20: Eastern Europe Market US$ Mn Forecast by End-Use Sector
Table 21: East Asia Market US$ Mn Forecast by Country
Table 22: East Asia Market US$ Mn Forecast by Product Type
Table 23: East Asia Market US$ Mn Forecast by Cooling Capacity
Table 24: East Asia Market US$ Mn Forecast by End-Use Sector
Table 25: South Asia & Pacific Market US$ Mn Forecast by Country
Table 26: South Asia & Pacific Market US$ Mn Forecast by Product Type
Table 27: South Asia & Pacific Market US$ Mn Forecast by Cooling Capacity
Table 28: South Asia & Pacific Market US$ Mn Forecast by End-Use Sector
Table 29: MEA Market US$ Mn Forecast by Country
Table 30: MEA Market US$ Mn Forecast by Product Type
Table 31: MEA Market US$ Mn Forecast by Cooling Capacity
Table 32: MEA Market US$ Mn Forecast by End-Use Sector
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Cooling Capacity
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Sector
Figure 4: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Cooling Capacity
Figure 7: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Sector
Figure 8: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 10: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Cooling Capacity
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Sector
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 14: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Cooling Capacity
Figure 15: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Sector
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 17: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 18: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Cooling Capacity
Figure 19: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Sector
Figure 20: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 22: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Cooling Capacity
Figure 23: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Sector
Figure 24: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 25: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 26: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Cooling Capacity
Figure 27: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Sector
Figure 28: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 29: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 30: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Cooling Capacity
Figure 31: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Sector
Figure 32: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How Much Growth Potential does the Dry Cooler Market hold during the forecast period?
The dry cooler market thrives on a CAGR of 10.8% during the forecast period.
Why does Dry Cooler Market have High Growth Potential?
Expansion in the IT, commercial and industrial sectors fuels the growth of the Dry cooler market.
Where will Manufacturers find the Most Opportunities in the Dry Cooler Industry?
East Asian region dominate the Dry cooler market.
Dry Cooler Market