|03-14-2019 10:04 PM CET - Energy & Environment||
Evaporative Cooling Market Projected to Surpass 7.1 Billion US$ by 2023 | Analysis by Top Key Players - Delta Cooling Towers, Condair Group, SPX Cooling Technologies, Eco Cooling, Baltimore Aircoil, Celtic Cooling, Colt Group, Evapcool
Press release from: Market Prognosis
Marketprognosis.com Publish a New Market Research Report On “Global Evaporative Cooling Market 2019 - 2023” which contains global key player’s survey information and forecast to 2023.
Overview of the Global Evaporative Cooling Market:
The Global Evaporative Cooling Market was valued at USD 4.9 Billion in 2017 and is projected to reach USD 7.1 Billion by the end of 2023, growing at a CAGR of 5.94% over the forecast period of 2018-2023.
The scope of the report is limited to the types of cooling, application, and distribution channel. Evaporative cooling enables firms to gain cooling benefits without having an adverse effect on the environment. Low maintenance cost and cost-effective cooling solutions are driving the growth of the evaporative cooling market.
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Direct Evaporative Cooling; Direct evaporative cooling is considered the most common form of evaporative cooling, and is generally considered as the older technology. The major applications of direct evaporative cooling are in residential sectors, commercial kitchens, and warehouses or where comfort requirements are more relaxed. Hence, the type of system requirements depends majorly on the end user and specified operational performance requirements. Residential evaporative coolers are majorly of the direct type; however, some indirect systems are also used. Direct evaporative air coolers are the simplest, oldest, and most widely used type of evaporative air coolers.
Regionally, Some of the regions in the country where evaporative cooling is poised to have huge growth are Western Texas, South Western areas in California, Nevada, New Mexico, and Arizona. These states typically have a hot and dry climate and are perfect for evaporative coolers. States like Wyoming, Utah, Washington, Montana, Oregon, and Idaho have a semi-arid climate, with temperature going above 80 degrees and are thus, ideal for evaporative coolers. States like Illinois, Pennsylvania, Kentucky, West Virginia, and Delaware have a humid climate, causing evaporative coolers to work inefficiently, which impedes the market growth in these areas. In addition, states like Florida and North Carolina have humid climatic conditions with moisture in the atmosphere, making evaporative coolers ineffective. The main driver for the evaporative coolers market in the United States is their adoption in data centers.
A complete analysis of the competitive landscape of the Global Evaporative Cooling Market is provided in the report. This section includes company profiles of market key players. The profiles include contact information, gross, capacity, product details of each firm, price, and cost. This report investigates new project feasibility with a purpose of enlightening new entrants about the possibilities in this market. In this report, thorough SWOT analysis & investment analysis is provided which forecasts imminent opportunities for the Evaporative Cooling Market players.
Purchase this report online with 104 Pages, Top Key Players Analysis and List of Tables & Figure @ marketprognosis.com/buyReport/16321 .
Major Key Players:
1 Delta Cooling Towers, Inc.
2 Condair Group
3 SPX Cooling Technologies
4 Enexio Water Technologies GmbH
5 Eco Cooling
6 Baltimore Aircoil Company
7 Celtic Cooling
8 Colt Group
10 Celsius Design Ltd and More…………..
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What Information does this report contain?
1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants
2 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?
3 Which are the leading market products, applications & regions and how will they perform by 2023?
4 What are the technologies & innovation trends, how will they evolve by 2023?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Evaporative Cooling Market.
Table of Contents:
2 Executive Summary
3 Evaporative Cooling Market Overview
4 Evaporative Cooling Market Dynamics
5 Evaporative Cooling Market Segmentation
6 Vendor Market Share
7 Company Profiles
8 Investment Analysis
9 Future of the Market
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