Water Cooling Tower Market Analysis, Scope, and Growth by 2031
Water Cooling Tower Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 2.3 Billion |
Market Size by 2031 | US$ 3.3 Billion |
Global CAGR (2023 - 2031) | 4.7% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Water Cooling Tower Market News and Recent Developments
The Water Cooling Tower market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Water Cooling Tower market are listed below:
- Baltimore Aircoil Company (BAC) announces the release of its new TrilliumSeries Adiabatic Cooler. This adiabatic cooler is ideal for applications that demand a combination of energy efficiency and limited water use. BAC’s innovative design maximizes both water and energy efficiency, ultimately minimizing costs. In addition, the TrilliumSeries Cooler is designed to make installation and ongoing maintenance simple. (Source: Baltimore Aircoil Company, Press Release, February 2022)
- Tower Tech, the leading cooling tower manufacturer, is proud to announce its line of cooling towers featuring StormStrong Fiber Reinforced Polymer (FRP) corrosion-resistant technology. The StormStrong cooling towers are capable of handling hurricane-force winds, earthquakes, and weather-related stresses with minimal to no damage. (Source: Tower Tech, Press Release, September 2022)
Water Cooling Tower Market Report Coverage and Deliverables
The “Water Cooling Tower Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Water Cooling Tower market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Water Cooling Tower market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Water Cooling Tower market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the Water Cooling Tower market
- Detailed company profiles