Press release
Adiabatic Cooling Equipment Market Research Report 2023 - Valuates Reports
Adiabatic Coolers work by using evaporation to pre-cool the air flowing through a closed loop coil.The global Adiabatic Cooling Equipment market was valued at US$ 526 million in 2022 and is anticipated to reach US$ 668 million by 2029, witnessing a CAGR of 3.4% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Adiabatic Coolers key players include Thermax, SPX Cooling Technologies, EVAPCO, Alfa Laval, Guntner, etc. Global top five manufacturers hold a share about 35%.
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Europe is the largest market, with a share over 30%, followed by North America and Asia-Pacific, both have a share about 45 percent.
In terms of product, Liquid Cooler is the largest segment, with a share about 60%. And in terms of application, the largest application is Industrial Liquid Cooler, followed by Commercial Liquid Cooler.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Adiabatic Cooling Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Adiabatic Cooling Equipment.
The Adiabatic Cooling Equipment market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Adiabatic Cooling Equipment market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Adiabatic Cooling Equipment manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Key Segmentations
By Company
-Thermax
-SPX Cooling Technologies
-EVAPCO
-Alfa Laval
-Guntner
-Baltimore Aircoil
-ICS Cool Energy
-FRIGEL
-MITA Group
Segment by Type
-Dry Air Cooling Equipment
-Liquid Cooling Equipment
Segment by Application
-Industrial
-Commercial
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