October 09, 2019
According to the latest study titled ‘Global (United States, European Union and China) Industrial Cooling System Market Research Report 2019-2025’, available with Market Study Report LLC, the global industrial cooling system market is expected to grow substantially by the year 2025.
As per the report, Asia-Pacific region has become the rapidly growing market and a primary consumer of industrial cooling systems (ICS). Rising demand for ICS from developing as well as developed region such as China, India, and Japan are encouraging the leading manufacturers from Western Europe and the U.S. to shift their focus on meeting the need from Asia Pacific region.
The study analyzes the ICS market on various parameters including production, market share, revenue and growth rate and includes the breakdown data of consumption, production, revenue and market share through regions, type and applications segments.
The global industrial cooling system market is divided based on the product type as air cooling system, hybrid cooling system, evaporative cooling system, and water cooling system.
Considering the application spectrum, the ICS market is fragmented as food processing and storage, pharmaceuticals, power generation, petrochemical processing, industrial manufacturing, natural gas & petroleum refining, and data center.
Based on the geographical landscape, the material handling equipment market is divided into four major regions including the United States, China, and European Union, along with Japan, India, Southeast Asia, and Korea.
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Considering the leading companies in the U.S., China, and European Union, this report examines and evaluates the growth rate, value, production, price, market share for the leading manufacturers for the last five years.
The prominent companies of Global Industrial Cooling System Market profiled in the report include Baltimore Aircoil Company, American Power Conversion, Brentwood Industries, Hamon, SPX, Black Box, Johnson Controls, ENEXIO, Airedale, Emerson, SPIG, Bell Cooling Towers, Paharpur Cooling Tower, EVAPCO, Rittal, Star Cooling Towers, and Mesan Group.