Global Cooling Tower Rental Market to Reach $1.7 Billion by 2030
The global market for Cooling Tower Rental estimated at US$913.8 Million in the year 2022, is projected to reach a revised size of US$1.7 Billion by 2030, growing at a CAGR of 7.9% over the analysis period 2022-2030. Wet, one of the segments analyzed in the report, is projected to record 7.5% CAGR and reach US$688.4 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Dry segment is readjusted to a revised 8.6% CAGR for the next 8-year period.The U.S. Market is Estimated at $248.9 Million, While China is Forecast to Grow at 12.3% CAGR
The Cooling Tower Rental market in the U.S. is estimated at US$248.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$388.4 Million by the year 2030 trailing a CAGR of 12.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.7% and 6.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.7% CAGR.Select Competitors (Total 36 Featured) -
- Aggreko
- Baltimore Aircoil Australia
- Carrier Rental Systems
- Caterpillar
- Cooling Tower Depot
- Engie Refrigeration
- ICS Cool Energy
- Jacir
- Johnson Controls
- KTK Kühlturm
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aggreko
- Baltimore Aircoil Australia
- Carrier Rental Systems
- Caterpillar
- Cooling Tower Depot
- Engie Refrigeration
- ICS Cool Energy
- Jacir
- Johnson Controls
- KTK Kühlturm
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 92 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 913.8 Million |
Forecasted Market Value ( USD | $ 1700 Million |
Compound Annual Growth Rate | 8.1% |
Regions Covered | Global |