A cooling tower is a specialized heat exchanger in which air and water are brought into direct contact with each other in order to reduce the water’s temperature. Gen Consulting Company predicts the global water cooling tower market will grow from USD 1,423 million in 2020 to USD 1,911 million by 2027, achieving a compound annual growth rate (CAGR) of 4.3 percent.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global water cooling tower market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the water cooling tower industry.

The water cooling tower market is segmented on the basis of type, application, and region. The water cooling tower market is segmented as below:

By type:
– counterflow
– crossflow
– forced draft
– induced draft
– others

By application:
– HVAC
– industrial
– power plant

By region:
– Asia Pacific
– Europe
– North America
– Rest of the World (RoW)

The report has also analysed the competitive landscape of the global water cooling tower market with some of the key players being Babcock & Wilcox Enterprises Inc., Baltimore Aircoil Company, Inc., ENEXIO Management GmbH, ENGIE Refrigeration GmbH, EVAPCO, Inc., Hamon & Cie (International) SA, MESAN Group, SPX Cooling Technologies, Inc., Vistech Cooling Systems Ltd., among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2017 to 2027 considering 2020 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the global water cooling tower market.
– To classify and forecast the global water cooling tower market based on type, application, and region.
– To identify drivers and challenges for the global water cooling tower market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global water cooling tower market.
– To identify and analyze the profile of leading players operating in the global water cooling tower market.

Why Choose This Report
– Gain a reliable outlook of the global water cooling tower market forecasts from 2021 to 2027 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.