Water cooling tower market to hit USD 1,911 million by 2027, according to Gen Consulting Company

A cooling tower is a specialized heat exchanger in which air and water are brought into direct contact with each other in order to reduce the water's temperature. In 2020, the global water cooling tower market stood at USD 1,423 million. Recording a CAGR of 4.3% from 2021 to 2027, the worth is projected to reach ~USD 1,911 million by 2027, according to a new report by Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global water cooling tower market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the water cooling tower industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, application, and region. The global market for water cooling tower can be segmented by type: counterflow, crossflow, forced draft, induced draft, others. Water cooling tower market is further segmented by application: HVAC, industrial, power plant. Based on region, the water cooling tower market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW).

By type:

- counterflow

- crossflow

- forced draft

- induced draft

- others

By application:

- HVAC

- industrial

- power plant

By region:

- Asia Pacific

- Europe

- North America

- Rest of the World (RoW)

The report also provides a detailed analysis of several leading water cooling tower market vendors that include Babcock & Wilcox Enterprises Inc., Baltimore Aircoil Company, Inc., ENEXIO Management GmbH, ENGIE Refrigeration GmbH, EVAPCO, Inc., Hamon & Cie (International) SA, MESAN Group, SPX Cooling Technologies, Inc., Vistech Cooling Systems Ltd., among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2017 to 2027 considering 2020 to be the base year.

Read Full Report : https://gen-cons.com/store/global-water-cooling-tower-market

Scope of the Report

- To analyze and forecast the market size of the global water cooling tower market.

- To classify and forecast the global water cooling tower market based on type, application, region.

- To identify drivers and challenges for the global water cooling tower market.

- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global water cooling tower market.

- To identify and analyze the profile of leading players operating in the global water cooling tower market.

Why Choose This Report

- Gain a reliable outlook of the global water cooling tower market forecasts from 2021 to 2027 across scenarios.

- Identify growth segments for investment.

- Stay ahead of competitors through company profiles and market data.

- The market estimate for ease of analysis across scenarios in Excel format.

- Strategy consulting and research support for three months.

- Print authentication provided for the single-user license.