The Industrial Cooling Systems Global Market Report 2023, provides comprehensive information on the industrial cooling systems market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Industrial Cooling Systems Market’s
Growth:
https://www.thebusinessresearchcompany.com/report/industrial-cooling-systems-global-market-report
As per The
Business Research Company’s Industrial Cooling Systems Global Market Report
2023, the market is expected to grow from $17.18 billion in 2022 to $18.63
billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The
Russia-Ukraine war disrupted the chances of global economic recovery from the
COVID-19 pandemic. The war between these two countries has led to economic
sanctions on multiple countries, a surge in commodity prices, and supply chain
disruptions, causing inflation across goods and services and affecting many
markets across the globe. The industrial cooling systems market is expected to
reach $24.69 billion in 2027 at a CAGR of 7.3%.
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Tables):
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Product
innovation is a key trend gaining popularity in the industrial cooling systems
market. Major companies operating in the industrial cooling systems market are
focused on developing innovative products with advanced technologies to
strengthen their position in the market. For instance, in February 2022,
Honeywell, a US-based performance materials and technology company, launched
Solstice E-Cooling, a ground-breaking platform of liquid heat transfer agents
that efficiently and effectively cool high-performance electronics in
comparison to conventional techniques that use air and water. The innovative
cooling technology for electronics and data centers uses a two-phase liquid
cooling technology to cool electrical applications while minimizing the impact
on the environment. Solstice E-Cooling provides for more uniform and
energy-efficient cooling, better heat rejection, and less pumping power.
The industrial
cooling systems market is segmented:
1) By Type: Water
Cooling System, Evaporative Cooling Systems, Air Cooling System, Hybrid Cooling
System, Other Types
2) By Function:
Transport Cooling, Stationary Cooling
3) By End-User:
Power Generation, Industrial Manufacturing, Petrochemical Processing, Food
Processing And Storage, Petroleum And Natural Gas Refining, Pharmaceuticals,
Data Center, Other End-Users
Asia-Pacific was
the largest region in the industrial cooling systems market in 2022.
The table of contents in TBRC’s industrial cooling systems market report
includes:
1. Executive Summary
2. Industrial Cooling Systems Market Characteristics
3. Industrial Cooling Systems Market Trends And Strategies
4. Industrial Cooling Systems Market - Macro Economic Scenario
5. Global Industrial Cooling Systems Market Size and Growth
.
32. Global Industrial Cooling Systems Market Competitive Benchmarking
33. Global Industrial Cooling Systems Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Industrial Cooling Systems
Market
35. Industrial Cooling Systems Market Future Outlook and Potential
Analysis
36. Appendix
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businesses can gain a thorough understanding of the market’s size, growth rate,
major drivers and leading players.
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