Cooling Towers Market 2015-2019

  • Published: Aug 2015
  • Pages: 60
  • SKU: IRTNTR6900

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About cooling towers
A cooling tower is a device that rejects heat and whose prime task is to discard heat into the atmosphere. The cooling tower is an important component of many refrigeration systems that provide process cooling and comfort through a varied range of applications. They are the active working point in the system where heat is irreversibly lost to the atmosphere through the evaporative process, and are commonly used in industries such as oil refining, steel mills, power plants, chemical processing, and many different manufacturing processes where process cooling is required.

Technavio's analysts forecast the global cooling towers market to grow at a CAGR of 5.12% during 2014-2019.

Covered in this report
This report covers the present scenario and the growth prospects of the global cooling towers market during 2015-2019. For ascertaining the market size and vendor share, the report considers the revenue obtained from the sales of the cooling towers in the following end-user segments: chemical, HVAC, petrochemical and oil and gas, power generation, and food and beverage industries.

Technavio's report, Global Cooling Towers Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Baltimore Aircoil Company
  • Delta Coolong Towers
  • Evapco
  • GEA Heat Exchanger
  • Hamon
  • Johnson Control
  • Liang Chi Control
  • Spig
  • SPX 

Other prominent vendors

  • Cenk Industrial Plants Manufacturing and Contracting
  • Cooling Tower Depot
  • Kimre
  • Paharpur Cooling Towers
  • Torraval Cooling

Market driver

  • Industrial activities in developing countries
  • For a full, detailed list, view our report

Market challenge

  • Competition due to entry of new vendors
  • For a full, detailed list, view our report

Market trend

  • Outsourcing of cooling towers
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

PART 01: Executive summary
01.1 Highlights
PART 02: Scope of  the report
01.2 Market Overview
01.3 Top-vendor offerings
PART 03: Market research methodology
01.4 Research methodology
01.5 Economic indicators
PART 04: Introduction
01.6 Key market highlights
PART 05: Market landscape
01.7 Market Overview
01.8 Market Size and Forecast
01.9 Five forces analysis
PART 06: Market Segmentation by End-users
01.10 Global Cooling Towers market by End-users 2014-2019
01.11 Global Cooling Towers market by Chemical Industry
01.12 Global Cooling Towers market by HVAC Industry
01.13 Global Cooling Towers market by Petrochemical and Oil & Gas Industry
01.14 Global Cooling Towers market by Power Generation Industry
01.15 Global Cooling Towers market by Food and Beverage Industry
01.16 Global Cooling Towers market by Others Segment
PART 07: Market Segmentation by Geography
01.17 Cooling Towers market by Geographical Segmentation 2014-2019
01.18 Cooling Towers Market in EMEA
01.19 Cooling Towers Market in APAC
01.20 Cooling Towers Market in Americas
PART 08: Market Growth Drivers
PART 09: Drivers and their Impact
PART 10: Market Challenges
PART 11: Impact of drivers and challenges
PART 12: Market Trends
PART 13: Vendor Landscape
01.21 Competitive Scenario
01.22 Other Prominent Vendors
02. Key Vendor Analysis
02.1 Baltimore Aircoil
02.2 GEA Heat Exchangers
02.3 Hamon 47
02.4 SPIG 51
03. Other Reports in this Series

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.


Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases


Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts



  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis


  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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