Medical Equipment Cooling Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
The need of medical equipment cooling is continue to increase in the medical industry. The active thermal management is used in various applications including, patient core temperature management, skin cooling, medical device cooling, and laboratory equipment cooling. Medical cooling systems are used to reduce heat load generated by medical equipment during diagnostic procedures. By doing this, the medical cooling systems are able to maintain life cycle of imaging equipment and helps to achieve the goal of quality patient care.
MARKET DYNAMICS
The medical equipment cooling market is anticipated to grow in the forecast period owing to driving factors such as, increasing geriatric population, growing global prevalence of cancer, and growing number of diagnostic centers & hospitals. However, economic benefits offered by medical equipment cooling technological advancements in diagnostic imaging modalities is anticipated to offer more growth opportunities for the players operating in the medical equipment cooling market.
MARKET SCOPE
The "Global Medical Equipment Cooling Market Analysis to 2031" is a specialized and in-depth study of the pharmaceutical industry with a special focus on the global market trend analysis. The report aims to provide an overview of medical equipment cooling market with detailed market segmentation by product type, compressor, configuration, application, end user and geography. The global medical equipment cooling market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading medical equipment cooling market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global medical equipment cooling market is segmented on the basis of product type, compressor, configuration, application, and end. Based on product type, the market is segmented into air-based cooling and liquid-based cooling. On the basis of compressor, the market is segmented as, scroll compressors, screw compressors, reciprocating compressors, and centrifugal compressors. Based on configuration, the market is classified as, modular systems, packaged systems, and split systems. The medical equipment cooling market is categorized on the basis of application into medical devices and analytical and laboratory equipment. On the basis of global medical equipment cooling market is segmented as, hospitals, laboratories, & outpatient clinics, independent diagnostic, treatment centers & laboratories, original equipment manufacturers, and other end users.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global medical equipment cooling market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The medical equipment cooling market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting medical equipment cooling market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the medical equipment cooling market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global medical equipment cooling market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The medical equipment cooling market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting medical equipment cooling market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the medical equipment cooling market in these regions.
MARKET PLAYERS
The reports cover key developments in the medical equipment cooling market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from medical equipment cooling market are anticipated to lucrative growth opportunities in the future with the rising demand for medical equipment cooling market in the global market. Below mentioned is the list of few companies engaged in the medical equipment cooling market.
The report also includes the profiles of key medical equipment cooling market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Drake Refrigeration Inc.
- American Chillers
- General Air Products, Inc.
- Cold Shot Chillers
- GLEN DIMPLEX GROUP
- Haskris
- Johnson Thermal Systems
- KKT Chillers
- Laird
- Filtrine Manufacturing Company
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Medical Equipment Cooling Market - By Product Type
1.3.2 Medical Equipment Cooling Market - By Compressor
1.3.3 Medical Equipment Cooling Market - By Configuration
1.3.4 Medical Equipment Cooling Market - By Application
1.3.5 Medical Equipment Cooling Market - By End User
1.3.6 Medical Equipment Cooling Market - By Region
1.3.6.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. MEDICAL EQUIPMENT COOLING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. MEDICAL EQUIPMENT COOLING MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. MEDICAL EQUIPMENT COOLING MARKET - GLOBAL MARKET ANALYSIS
6.1. MEDICAL EQUIPMENT COOLING - GLOBAL MARKET OVERVIEW
6.2. MEDICAL EQUIPMENT COOLING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. MEDICAL EQUIPMENT COOLING MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. AIR-BASED COOLING
7.3.1. Overview
7.3.2. Air-Based Cooling Market Forecast and Analysis
7.3.3. Air-To-Air Configuration Market
7.3.3.1. Overview
7.3.3.2. Air-To-Air Configuration Market Forecast and Analysis
7.3.4. Direct-To-Air Configuration Market
7.3.4.1. Overview
7.3.4.2. Direct-To-Air Configuration Market Forecast and Analysis
7.4. LIQUID-BASED COOLING
7.4.1. Overview
7.4.2. Liquid-Based Cooling Market Forecast and Analysis
7.4.3. Liquid-Liquid Configuration Market
7.4.3.1. Overview
7.4.3.2. Liquid-Liquid Configuration Market Forecast and Analysis
7.4.4. Liquid-Air Heat Transfer Configuration Market
7.4.4.1. Overview
7.4.4.2. Liquid-Air Heat Transfer Configuration Market Forecast and Analysis
7.4.5. Compressor-Based Recirculating Configuration Market
7.4.5.1. Overview
7.4.5.2. Compressor-Based Recirculating Configuration Market Forecast and Analysis
8. MEDICAL EQUIPMENT COOLING MARKET - REVENUE AND FORECASTS TO 2028 - COMPRESSOR
8.1. OVERVIEW
8.2. COMPRESSOR MARKET FORECASTS AND ANALYSIS
8.3. SCROLL COMPRESSORS
8.3.1. Overview
8.3.2. Scroll Compressors Market Forecast and Analysis
8.4. SCREW COMPRESSORS
8.4.1. Overview
8.4.2. Screw Compressors Market Forecast and Analysis
8.5. RECIPROCATING COMPRESSORS
8.5.1. Overview
8.5.2. Reciprocating Compressors Market Forecast and Analysis
8.6. CENTRIFUGAL COMPRESSORS
8.6.1. Overview
8.6.2. Centrifugal Compressors Market Forecast and Analysis
9. MEDICAL EQUIPMENT COOLING MARKET - REVENUE AND FORECASTS TO 2028 - CONFIGURATION
9.1. OVERVIEW
9.2. CONFIGURATION MARKET FORECASTS AND ANALYSIS
9.3. MODULAR SYSTEMS
9.3.1. Overview
9.3.2. Modular Systems Market Forecast and Analysis
9.4. PACKAGED SYSTEMS
9.4.1. Overview
9.4.2. Packaged Systems Market Forecast and Analysis
9.5. SPLIT SYSTEMS
9.5.1. Overview
9.5.2. Split Systems Market Forecast and Analysis
10. MEDICAL EQUIPMENT COOLING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
10.1. OVERVIEW
10.2. APPLICATION MARKET FORECASTS AND ANALYSIS
10.3. MEDICAL DEVICES
10.3.1. Overview
10.3.2. Medical Devices Market Forecast and Analysis
10.3.3. Medical Imaging Systems Market
10.3.3.1. Overview
10.3.3.2. Medical Imaging Systems Market Forecast and Analysis
10.3.4. Medical Lasers Market
10.3.4.1. Overview
10.3.4.2. Medical Lasers Market Forecast and Analysis
10.3.5. Linear Accelerators Market
10.3.5.1. Overview
10.3.5.2. Linear Accelerators Market Forecast and Analysis
10.4. ANALYTICAL AND LABORATORY EQUIPMENT
10.4.1. Overview
10.4.2. Analytical and Laboratory Equipment Market Forecast and Analysis
11. MEDICAL EQUIPMENT COOLING MARKET - REVENUE AND FORECASTS TO 2028 - END USER
11.1. OVERVIEW
11.2. END USER MARKET FORECASTS AND ANALYSIS
11.3. HOSPITALS, LABORATORIES, AND OUTPATIENT CLINICS
11.3.1. Overview
11.3.2. Hospitals, Laboratories, and Outpatient Clinics Market Forecast and Analysis
11.4. INDEPENDENT DIAGNOSTIC, TREATMENT CENTERS AND LABORATORIES
11.4.1. Overview
11.4.2. Independent Diagnostic, Treatment Centers and Laboratories Market Forecast and Analysis
11.5. ORIGINAL EQUIPMENT MANUFACTURERS
11.5.1. Overview
11.5.2. Original Equipment Manufacturers Market Forecast and Analysis
11.6. OTHER END USERS
11.6.1. Overview
11.6.2. Other End Users Market Forecast and Analysis
12. MEDICAL EQUIPMENT COOLING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America Medical Equipment Cooling Market Overview
12.1.2 North America Medical Equipment Cooling Market Forecasts and Analysis
12.1.3 North America Medical Equipment Cooling Market Forecasts and Analysis - By Product Type
12.1.4 North America Medical Equipment Cooling Market Forecasts and Analysis - By Compressor
12.1.5 North America Medical Equipment Cooling Market Forecasts and Analysis - By Configuration
12.1.6 North America Medical Equipment Cooling Market Forecasts and Analysis - By Application
12.1.7 North America Medical Equipment Cooling Market Forecasts and Analysis - By End User
12.1.8 North America Medical Equipment Cooling Market Forecasts and Analysis - By Countries
12.1.8.1 United States Medical Equipment Cooling Market
12.1.8.1.1 United States Medical Equipment Cooling Market by Product Type
12.1.8.1.2 United States Medical Equipment Cooling Market by Compressor
12.1.8.1.3 United States Medical Equipment Cooling Market by Configuration
12.1.8.1.4 United States Medical Equipment Cooling Market by Application
12.1.8.1.5 United States Medical Equipment Cooling Market by End User
12.1.8.2 Canada Medical Equipment Cooling Market
12.1.8.2.1 Canada Medical Equipment Cooling Market by Product Type
12.1.8.2.2 Canada Medical Equipment Cooling Market by Compressor
12.1.8.2.3 Canada Medical Equipment Cooling Market by Configuration
12.1.8.2.4 Canada Medical Equipment Cooling Market by Application
12.1.8.2.5 Canada Medical Equipment Cooling Market by End User
12.1.8.3 Mexico Medical Equipment Cooling Market
12.1.8.3.1 Mexico Medical Equipment Cooling Market by Product Type
12.1.8.3.2 Mexico Medical Equipment Cooling Market by Compressor
12.1.8.3.3 Mexico Medical Equipment Cooling Market by Configuration
12.1.8.3.4 Mexico Medical Equipment Cooling Market by Application
12.1.8.3.5 Mexico Medical Equipment Cooling Market by End User
12.2. EUROPE
12.2.1 Europe Medical Equipment Cooling Market Overview
12.2.2 Europe Medical Equipment Cooling Market Forecasts and Analysis
12.2.3 Europe Medical Equipment Cooling Market Forecasts and Analysis - By Product Type
12.2.4 Europe Medical Equipment Cooling Market Forecasts and Analysis - By Compressor
12.2.5 Europe Medical Equipment Cooling Market Forecasts and Analysis - By Configuration
12.2.6 Europe Medical Equipment Cooling Market Forecasts and Analysis - By Application
12.2.7 Europe Medical Equipment Cooling Market Forecasts and Analysis - By End User
12.2.8 Europe Medical Equipment Cooling Market Forecasts and Analysis - By Countries
12.2.8.1 Germany Medical Equipment Cooling Market
12.2.8.1.1 Germany Medical Equipment Cooling Market by Product Type
12.2.8.1.2 Germany Medical Equipment Cooling Market by Compressor
12.2.8.1.3 Germany Medical Equipment Cooling Market by Configuration
12.2.8.1.4 Germany Medical Equipment Cooling Market by Application
12.2.8.1.5 Germany Medical Equipment Cooling Market by End User
12.2.8.2 France Medical Equipment Cooling Market
12.2.8.2.1 France Medical Equipment Cooling Market by Product Type
12.2.8.2.2 France Medical Equipment Cooling Market by Compressor
12.2.8.2.3 France Medical Equipment Cooling Market by Configuration
12.2.8.2.4 France Medical Equipment Cooling Market by Application
12.2.8.2.5 France Medical Equipment Cooling Market by End User
12.2.8.3 Italy Medical Equipment Cooling Market
12.2.8.3.1 Italy Medical Equipment Cooling Market by Product Type
12.2.8.3.2 Italy Medical Equipment Cooling Market by Compressor
12.2.8.3.3 Italy Medical Equipment Cooling Market by Configuration
12.2.8.3.4 Italy Medical Equipment Cooling Market by Application
12.2.8.3.5 Italy Medical Equipment Cooling Market by End User
12.2.8.4 Spain Medical Equipment Cooling Market
12.2.8.4.1 Spain Medical Equipment Cooling Market by Product Type
12.2.8.4.2 Spain Medical Equipment Cooling Market by Compressor
12.2.8.4.3 Spain Medical Equipment Cooling Market by Configuration
12.2.8.4.4 Spain Medical Equipment Cooling Market by Application
12.2.8.4.5 Spain Medical Equipment Cooling Market by End User
12.2.8.5 United Kingdom Medical Equipment Cooling Market
12.2.8.5.1 United Kingdom Medical Equipment Cooling Market by Product Type
12.2.8.5.2 United Kingdom Medical Equipment Cooling Market by Compressor
12.2.8.5.3 United Kingdom Medical Equipment Cooling Market by Configuration
12.2.8.5.4 United Kingdom Medical Equipment Cooling Market by Application
12.2.8.5.5 United Kingdom Medical Equipment Cooling Market by End User
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific Medical Equipment Cooling Market Overview
12.3.2 Asia-Pacific Medical Equipment Cooling Market Forecasts and Analysis
12.3.3 Asia-Pacific Medical Equipment Cooling Market Forecasts and Analysis - By Product Type
12.3.4 Asia-Pacific Medical Equipment Cooling Market Forecasts and Analysis - By Compressor
12.3.5 Asia-Pacific Medical Equipment Cooling Market Forecasts and Analysis - By Configuration
12.3.6 Asia-Pacific Medical Equipment Cooling Market Forecasts and Analysis - By Application
12.3.7 Asia-Pacific Medical Equipment Cooling Market Forecasts and Analysis - By End User
12.3.8 Asia-Pacific Medical Equipment Cooling Market Forecasts and Analysis - By Countries
12.3.8.1 Australia Medical Equipment Cooling Market
12.3.8.1.1 Australia Medical Equipment Cooling Market by Product Type
12.3.8.1.2 Australia Medical Equipment Cooling Market by Compressor
12.3.8.1.3 Australia Medical Equipment Cooling Market by Configuration
12.3.8.1.4 Australia Medical Equipment Cooling Market by Application
12.3.8.1.5 Australia Medical Equipment Cooling Market by End User
12.3.8.2 China Medical Equipment Cooling Market
12.3.8.2.1 China Medical Equipment Cooling Market by Product Type
12.3.8.2.2 China Medical Equipment Cooling Market by Compressor
12.3.8.2.3 China Medical Equipment Cooling Market by Configuration
12.3.8.2.4 China Medical Equipment Cooling Market by Application
12.3.8.2.5 China Medical Equipment Cooling Market by End User
12.3.8.3 India Medical Equipment Cooling Market
12.3.8.3.1 India Medical Equipment Cooling Market by Product Type
12.3.8.3.2 India Medical Equipment Cooling Market by Compressor
12.3.8.3.3 India Medical Equipment Cooling Market by Configuration
12.3.8.3.4 India Medical Equipment Cooling Market by Application
12.3.8.3.5 India Medical Equipment Cooling Market by End User
12.3.8.4 Japan Medical Equipment Cooling Market
12.3.8.4.1 Japan Medical Equipment Cooling Market by Product Type
12.3.8.4.2 Japan Medical Equipment Cooling Market by Compressor
12.3.8.4.3 Japan Medical Equipment Cooling Market by Configuration
12.3.8.4.4 Japan Medical Equipment Cooling Market by Application
12.3.8.4.5 Japan Medical Equipment Cooling Market by End User
12.3.8.5 South Korea Medical Equipment Cooling Market
12.3.8.5.1 South Korea Medical Equipment Cooling Market by Product Type
12.3.8.5.2 South Korea Medical Equipment Cooling Market by Compressor
12.3.8.5.3 South Korea Medical Equipment Cooling Market by Configuration
12.3.8.5.4 South Korea Medical Equipment Cooling Market by Application
12.3.8.5.5 South Korea Medical Equipment Cooling Market by End User
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa Medical Equipment Cooling Market Overview
12.4.2 Middle East and Africa Medical Equipment Cooling Market Forecasts and Analysis
12.4.3 Middle East and Africa Medical Equipment Cooling Market Forecasts and Analysis - By Product Type
12.4.4 Middle East and Africa Medical Equipment Cooling Market Forecasts and Analysis - By Compressor
12.4.5 Middle East and Africa Medical Equipment Cooling Market Forecasts and Analysis - By Configuration
12.4.6 Middle East and Africa Medical Equipment Cooling Market Forecasts and Analysis - By Application
12.4.7 Middle East and Africa Medical Equipment Cooling Market Forecasts and Analysis - By End User
12.4.8 Middle East and Africa Medical Equipment Cooling Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa Medical Equipment Cooling Market
12.4.8.1.1 South Africa Medical Equipment Cooling Market by Product Type
12.4.8.1.2 South Africa Medical Equipment Cooling Market by Compressor
12.4.8.1.3 South Africa Medical Equipment Cooling Market by Configuration
12.4.8.1.4 South Africa Medical Equipment Cooling Market by Application
12.4.8.1.5 South Africa Medical Equipment Cooling Market by End User
12.4.8.2 Saudi Arabia Medical Equipment Cooling Market
12.4.8.2.1 Saudi Arabia Medical Equipment Cooling Market by Product Type
12.4.8.2.2 Saudi Arabia Medical Equipment Cooling Market by Compressor
12.4.8.2.3 Saudi Arabia Medical Equipment Cooling Market by Configuration
12.4.8.2.4 Saudi Arabia Medical Equipment Cooling Market by Application
12.4.8.2.5 Saudi Arabia Medical Equipment Cooling Market by End User
12.4.8.3 U.A.E Medical Equipment Cooling Market
12.4.8.3.1 U.A.E Medical Equipment Cooling Market by Product Type
12.4.8.3.2 U.A.E Medical Equipment Cooling Market by Compressor
12.4.8.3.3 U.A.E Medical Equipment Cooling Market by Configuration
12.4.8.3.4 U.A.E Medical Equipment Cooling Market by Application
12.4.8.3.5 U.A.E Medical Equipment Cooling Market by End User
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America Medical Equipment Cooling Market Overview
12.5.2 South and Central America Medical Equipment Cooling Market Forecasts and Analysis
12.5.3 South and Central America Medical Equipment Cooling Market Forecasts and Analysis - By Product Type
12.5.4 South and Central America Medical Equipment Cooling Market Forecasts and Analysis - By Compressor
12.5.5 South and Central America Medical Equipment Cooling Market Forecasts and Analysis - By Configuration
12.5.6 South and Central America Medical Equipment Cooling Market Forecasts and Analysis - By Application
12.5.7 South and Central America Medical Equipment Cooling Market Forecasts and Analysis - By End User
12.5.8 South and Central America Medical Equipment Cooling Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil Medical Equipment Cooling Market
12.5.8.1.1 Brazil Medical Equipment Cooling Market by Product Type
12.5.8.1.2 Brazil Medical Equipment Cooling Market by Compressor
12.5.8.1.3 Brazil Medical Equipment Cooling Market by Configuration
12.5.8.1.4 Brazil Medical Equipment Cooling Market by Application
12.5.8.1.5 Brazil Medical Equipment Cooling Market by End User
12.5.8.2 Argentina Medical Equipment Cooling Market
12.5.8.2.1 Argentina Medical Equipment Cooling Market by Product Type
12.5.8.2.2 Argentina Medical Equipment Cooling Market by Compressor
12.5.8.2.3 Argentina Medical Equipment Cooling Market by Configuration
12.5.8.2.4 Argentina Medical Equipment Cooling Market by Application
12.5.8.2.5 Argentina Medical Equipment Cooling Market by End User
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. MEDICAL EQUIPMENT COOLING MARKET, KEY COMPANY PROFILES
14.1. DRAKE REFRIGERATION INC.
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. AMERICAN CHILLERS
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. GENERAL AIR PRODUCTS, INC.
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. COLD SHOT CHILLERS
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. GLEN DIMPLEX GROUP
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. HASKRIS
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. JOHNSON THERMAL SYSTEMS
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. KKT CHILLERS
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. LAIRD
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. FILTRINE MANUFACTURING COMPANY
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
1. Drake Refrigeration Inc.
2. American Chillers
3. General Air Products, Inc.
4. Cold Shot Chillers
5. GLEN DIMPLEX GROUP
6. Haskris
7. Johnson Thermal Systems
8. KKT Chillers
9. Laird
10. Filtrine Manufacturing Company
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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