Global Evaporative Cooling Market 2024-2028

Description

List of Tables

The evaporative cooling market is forecasted to grow by USD 1806 mn during 2023-2028, accelerating at a CAGR of 6.78% during the forecast period. The report on the evaporative cooling market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing residential construction activity, product innovation leads to portfolio extension and product premiumization, and environment-friendly and cost-efficient products.

Technavio's evaporative cooling market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	6.23%
CAGR	6.78%
Incremental Value	$1806mn

By Type

Indirect evaporative cooling
Direct evaporative cooling
Two stage evaporative cooling

By Application

Industrial
Confinement farming
Residential
Others

By Geography

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the increased adoption of omnichannel distribution and multi-channel marketing as one of the prime reasons driving the evaporative cooling market growth during the next few years. Also, introduction of smart portable evaporative air coolers and rising strategic activities by vendors will lead to sizable demand in the market.

The report on the evaporative cooling market covers the following areas:

Evaporative cooling market sizing
Evaporative cooling market forecast
Evaporative cooling market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading evaporative cooling market vendors that include Amsted Industries Inc., ATE Pvt. Ltd., CAREL INDUSTRIES S.p.A., Celsius Design Ltd., Colt Group Ltd., Condair Group AG, Delta Cooling Towers Inc., EcoCooling, Energy Wise Solutions, ENEXIO Management GmbH, EVAPCO Inc., Hessaire Products Inc., Honeywell International Inc., Longhua Technology Group Co., Ltd., Munters Group AB, NewAir, Premiair Appliances Ltd., SPX Technologies Inc., Symphony Ltd, and United Metal Products Inc.. Also, the evaporative cooling market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR74760

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Evaporative Cooling Market 2018 - 2022
- Historic Market Size - Data Table on Global Evaporative Cooling Market 2018 - 2022 ($ million)
4.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
6.3 Indirect evaporative cooling - Market size and forecast 2023-2028
- Chart on Indirect evaporative cooling - Market size and forecast 2023-2028 ($ million)
- Data Table on Indirect evaporative cooling - Market size and forecast 2023-2028 ($ million)
- Chart on Indirect evaporative cooling - Year-over-year growth 2023-2028 (%)
- Data Table on Indirect evaporative cooling - Year-over-year growth 2023-2028 (%)
6.4 Direct evaporative cooling - Market size and forecast 2023-2028
- Chart on Direct evaporative cooling - Market size and forecast 2023-2028 ($ million)
- Data Table on Direct evaporative cooling - Market size and forecast 2023-2028 ($ million)
- Chart on Direct evaporative cooling - Year-over-year growth 2023-2028 (%)
- Data Table on Direct evaporative cooling - Year-over-year growth 2023-2028 (%)
6.5 Two stage evaporative cooling - Market size and forecast 2023-2028
- Chart on Two stage evaporative cooling - Market size and forecast 2023-2028 ($ million)
- Data Table on Two stage evaporative cooling - Market size and forecast 2023-2028 ($ million)
- Chart on Two stage evaporative cooling - Year-over-year growth 2023-2028 (%)
- Data Table on Two stage evaporative cooling - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Application

7.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
7.3 Industrial - Market size and forecast 2023-2028
- Chart on Industrial - Market size and forecast 2023-2028 ($ million)
- Data Table on Industrial - Market size and forecast 2023-2028 ($ million)
- Chart on Industrial - Year-over-year growth 2023-2028 (%)
- Data Table on Industrial - Year-over-year growth 2023-2028 (%)
7.4 Confinement farming - Market size and forecast 2023-2028
- Chart on Confinement farming - Market size and forecast 2023-2028 ($ million)
- Data Table on Confinement farming - Market size and forecast 2023-2028 ($ million)
- Chart on Confinement farming - Year-over-year growth 2023-2028 (%)
- Data Table on Confinement farming - Year-over-year growth 2023-2028 (%)
7.5 Residential - Market size and forecast 2023-2028
- Chart on Residential - Market size and forecast 2023-2028 ($ million)
- Data Table on Residential - Market size and forecast 2023-2028 ($ million)
- Chart on Residential - Year-over-year growth 2023-2028 (%)
- Data Table on Residential - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.10 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.11 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ million)
- Data Table on India - Market size and forecast 2023-2028 ($ million)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
9.12 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Amsted Industries Inc.
- Amsted Industries Inc. - Overview
- Amsted Industries Inc. - Product / Service
- Amsted Industries Inc. - Key offerings
12.4 ATE Pvt. Ltd.
- ATE Pvt. Ltd. - Overview
- ATE Pvt. Ltd. - Product / Service
- ATE Pvt. Ltd. - Key offerings
12.5 CAREL INDUSTRIES S.p.A.
- CAREL INDUSTRIES S.p.A. - Overview
- CAREL INDUSTRIES S.p.A. - Business segments
- CAREL INDUSTRIES S.p.A. - Key offerings
- CAREL INDUSTRIES S.p.A. - Segment focus
12.6 Celsius Design Ltd.
- Celsius Design Ltd. - Overview
- Celsius Design Ltd. - Product / Service
- Celsius Design Ltd. - Key offerings
12.7 Colt Group Ltd.
- Colt Group Ltd. - Overview
- Colt Group Ltd. - Product / Service
- Colt Group Ltd. - Key offerings
12.8 Condair Group AG
- Condair Group AG - Overview
- Condair Group AG - Product / Service
- Condair Group AG - Key offerings
12.9 Delta Cooling Towers Inc.
- Delta Cooling Towers Inc. - Overview
- Delta Cooling Towers Inc. - Product / Service
- Delta Cooling Towers Inc. - Key offerings
12.10 EcoCooling
- EcoCooling - Overview
- EcoCooling - Product / Service
- EcoCooling - Key offerings
12.11 ENEXIO Management GmbH
- ENEXIO Management GmbH - Overview
- ENEXIO Management GmbH - Product / Service
- ENEXIO Management GmbH - Key offerings
12.12 EVAPCO Inc.
- EVAPCO Inc. - Overview
- EVAPCO Inc. - Product / Service
- EVAPCO Inc. - Key offerings
12.13 Honeywell International Inc.
- Honeywell International Inc. - Overview
- Honeywell International Inc. - Business segments
- Honeywell International Inc. - Key news
- Honeywell International Inc. - Key offerings
- Honeywell International Inc. - Segment focus
12.14 Munters Group AB
- Munters Group AB - Overview
- Munters Group AB - Product / Service
- Munters Group AB - Key offerings
12.15 SPX Technologies Inc.
- SPX Technologies Inc. - Overview
- SPX Technologies Inc. - Business segments
- SPX Technologies Inc. - Key news
- SPX Technologies Inc. - Key offerings
- SPX Technologies Inc. - Segment focus
12.16 Symphony Ltd
- Symphony Ltd - Overview
- Symphony Ltd - Product / Service
- Symphony Ltd - Key offerings
12.17 United Metal Products Inc.
- United Metal Products Inc. - Overview
- United Metal Products Inc. - Product / Service
- United Metal Products Inc. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
- 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations