Global Industrial Cooling Systems Market Size & Outlook
Global industrial cooling systems market, 2018-2030 (US$M)
Global industrial cooling systems market highlights
- The global industrial cooling systems market generated a revenue of USD 22,580.0 million in 2024 and is expected to reach USD 34,710.0 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 7.4% by 2030.
- In terms of segment, hybrid cooling accounted for a revenue of USD 22,580.0 million in 2024.
- Hybrid Cooling is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
Global data book summary
| Market revenue in 2024 | USD 22,580.0 million |
| Market revenue in 2030 | USD 34,710.0 million |
| Growth rate | 7.4% (CAGR from 2025 to 2030) |
| Largest segment | Hybrid cooling |
| Fastest growing segment | Hybrid Cooling |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hybrid Cooling |
Other key industry trends
- In terms of revenue, the North America accounted for 26.9% of the global industrial cooling systems market in 2024.
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Industrial Cooling Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Spig S.p.A. | View profile | 501-1000 | Arona, Piemonte, Italy, Europe | http://www.spig-int.com/ |
| Bell Cooling Towers | View profile | 11-50 | Faridabad, Haryana, India, Asia | https://bellct.com |
| Alfa Laval | View profile | 10001+ | Lund, Skane Lan, Sweden, Europe | http://www.alfalaval.com |
| Baltimore Aircoil Company | View profile | 251-500 | Heist-op-den-berg, Antwerpen, Belgium, Europe | https://www.baltimoreaircoil.eu |
| Johnson Controls, Inc. | View profile | - | - | - |
| SPX Cooling Technologies | View profile | 501-1000 | Overland Park, Kansas, United States, North America | https://www.spxcooling.com/ |
| Paharpur Cooling Towers | View profile | 1001-5000 | Kolkata, West Bengal, India, Asia | https://www.paharpur.com |
| Hamon | View profile | - | Merdrignac, Bretagne, France, Europe | http://scierie-hamon.fr |
| Brentwood Industries | View profile | 501-1000 | Reading, Pennsylvania, United States, North America | http://www.brentwoodindustries.com/ |
| Danfoss A/S | View profile | 10001+ | Nordborg, Syddanmark, Denmark, Europe | https://www.danfoss.com |
Global industrial cooling systems market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial cooling systems market will help companies and investors design strategic landscapes.
Hybrid cooling was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Global industrial cooling systems market based on hybrid cooling covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Industrial Cooling Systems Product Outlook (Revenue, USD Million, 2018-2030)
- Hybrid Cooling
- Water Cooling
- Air Cooling
- Evaporative Cooling
- Global Industrial Cooling Systems End Use Outlook (Revenue, USD Million, 2018-2030)
- Utility & Power
- Chemical
- Food & Beverage
- Pharmaceutical
- Oil & Gas
- Others
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Our clientele includes a mix of industrial cooling systems market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global industrial cooling systems market , including forecasts for subscribers. This global databook contains high-level insights into Global industrial cooling systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global industrial cooling systems market size, by regions, 2018-2030 (US$M)
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