Industrial Cooling System Market - Top Companies and Manufacturers

  • Report ID: 6697
  • Published Date: Nov 15, 2024
  • Report Format: PDF, PPT

Companies Dominating the Industrial Cooling System Landscape

    The global industrial cooling system market is poised to register a profitable growth curve during the forecast period. Key players in the market are investing in expanding their cooling solutions portfolio and entering emerging markets. The competitive market has domestic and international players vying to increase their revenue share in the global industrial cooling system market.

    Here are some key players in the market:

    • Airedale International Air Conditioning
      • Company Overview 
      • Business Strategy 
      • Key Product Offerings 
      • Financial Performance 
      • Key Performance Indicators 
      • Risk Analysis 
      • Recent Development 
      • Regional Presence 
      • SWOT Analysis 
    • Baltimore Aircoil
    • Schneider Electric
    • SPX Corporation
    • Vertiv
    • Asetek
    • Rittal
    • EVAPCO
    • Black Box Corporation
    • Coolcentric
    • Emerson Electric

Browse Key Market Insights with Data Illustration:

In the News

  • In October 2024, PRO Refrigeration launched the PRO Chiller PRO4 Series. The new series is poised to support dairy farming, brewing, distilling, and more by providing customized and streamlined cooling solutions. The PRO Chiller PRO4 series premiered at the World Dairy Expo in October 2024.
  • In March 2024, Schneider Electric inaugurated a new cooling factory in Bengaluru, Karnataka. The new factory will focus on developing innovative cooling solutions to meet the rising demands from the data center ecosystem in India.

Author Credits:  Richa Gupta


  • Report ID: 6697
  • Published Date: Nov 15, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The global industrial cooling system market registered a valuation of USD 20.5 billion in 2024 and is poised to expand at a CAGR of 6.8% during the forecast period, i.e., 2025-2037.

The global industrial cooling system sector registered a profitable valuation of USD 20.5 billion in 2024 and is projected to reach USD 48.2 billion by 2037 at a CAGR of 6.8% during the forecast period, i.e., 2025-2037.

The major players in the market are Airedale International Air Conditioning, Baltimore Aircoil, Schneider Electric, SPX Corporation, Vertiv, Asetek, Rittal, EVAPCO, Black Box Corporation, Coolcentric, Emerson Electric, and others.

By product, the evaporative cooling system of the global industrial cooling system sector registered the largest revenue share of 42.9% during the forecast period. The segment is driven by growing demands for energy-efficient cooling solutions.

North America is poised to register the largest revenue share of 22.3% in the global market owing to rising demands from the manufacturing sector and data centers for advanced cooling solutions in the region.
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