DUBLIN--(BUSINESS WIRE)--The "Industrial Cooling System Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
The global industrial cooling system market is expected to witness a CAGR of 4.98% during the forecast period to reach a market size of US$16.213 billion by 2023, increasing from US$12.109 billion in 2017.
Increasing number of manufacturing facilities on account of rapid growth of industries in many regions is a major driving factor for this market. Many manufacturers across industries are funnelling huge amounts into expansion of their manufacturing facilities to expand their global footprints and increase their customer base. This is driving the adoption of advanced industrial cooling systems among them to ensure optimum efficiency of the machines and, thus high productivity. Market players are also pouring huge amounts into research and development to increase the capabilities of existing solutions and deliver a wider range of advanced solutions to the customers which will continue to boost the market growth over the projected period.
The competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are SPX Corporations, S.A. HAMON, Johnson Controls, Black Box Network Services , Emerson Electric Co. and ABB among others.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Industrial Cooling System Market Forecast by Type (US$ billion)
6. Industrial Cooling System Market Forecast by End-User Industry (US$ billion)
7. Industrial Cooling System Market Forecast by Geography (US$ billion)
8. Competitive Intelligence
9. Company Profiles
- SPX Corporations
- S.A. HAMON
- Johnson Controls
- Black Box Network Services
- Emerson Electric Co.
- Babcock & Wilcox Enterprises Inc.
- Baltimore Aircoil Company
- Siemens AG
For more information about this report visit https://www.researchandmarkets.com/research/v5xct7/industrial?w=4