LONDON--(BUSINESS WIRE)--Technavio has been monitoring the hybrid cooling towers market and it is poised to grow by USD 136.22 million during 2020-2024, progressing at a CAGR of 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Babcock & Wilcox Enterprises Inc., Baltimore Aircoil Co., ENEXIO Management GmbH, EVAPCO Inc., FANS AS, Harrison Cooling Towers Pvt. Ltd., Jacir, Johnson Controls International Plc, North Street Cooling Towers Pvt. Ltd., and SPX Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Increasing need to reduce environmental impact has been instrumental in driving the growth of the market.
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Hybrid Cooling Towers Market 2020-2024: Segmentation
Hybrid Cooling Towers Market is segmented as below:
■ Power Generation
■ Oil and Gas
■ Chemical and Petrochemical
■ Food and Beverage
■ Other End-users
■ Geographic Landscape
■ North America
■ South America
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Hybrid Cooling Towers Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our hybrid cooling towers market report covers the following areas:
■ Hybrid Cooling Towers Market Size
■ Hybrid Cooling Towers Market Trends
■ Hybrid Cooling Towers Market Analysis
This study identifies the emergence of hybrid closes-circuit cooling towers as one of the prime reasons driving the hybrid cooling towers market growth during the next few years.
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Hybrid Cooling Towers Market 2020-2024: Key Highlights
■ CAGR of the market during the forecast period 2020-2024
■ Detailed information on factors that will assist hybrid cooling towers market growth during the next five years
■ Estimation of the hybrid cooling towers market size and its contribution to the parent market
■ Predictions on upcoming trends and changes in consumer behavior
■ The growth of the hybrid cooling towers market
■ Analysis of the market’s competitive landscape and detailed information on vendors
■ Comprehensive details of factors that will challenge the growth of hybrid cooling towers market vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
■ 2.1 Preface
■ 2.2 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
■ Market ecosystem
■ Market characteristics
■ Value Chain Analysis
■ Market segmentation analysis
PART 04: MARKET SIZING
■ Market definition
■ Market sizing 2019
■ Market Outlook
■ Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
■ Bargaining power of buyers
■ Bargaining power of suppliers
■ Threat of new entrants
■ Threat of substitutes
■ Threat of rivalry
■ Market condition
PART 06: MARKET SEGMENTATION BY END-USER
■ Market segmentation by end-user
■ Comparison by end-user
■ Power generation - Market size and forecast 2019-2024
■ HVAC - Market size and forecast 2019-2024
■ Oil and gas - Market size and forecast 2019-2024
■ Chemical and petrochemical - Market size and forecast 2019-2024
■ Food and beverage - Market size and forecast 2019-2024
■ Other end-users - Market size and forecast 2019-2024
■ Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
■ Geographic segmentation
■ Geographic comparison
■ APAC - Market size and forecast 2019-2024
■ Europe - Market size and forecast 2019-2024
■ North America - Market size and forecast 2019-2024
■ MEA - Market size and forecast 2019-2024
■ South America - Market size and forecast 2019-2024
■ Key leading countries
■ Market opportunity
PART 09: DRIVERS AND CHALLENGES
■ Market drivers
■ Market challenges
PART 10: MARKET TRENDS
■ Emergence of hybrid closed-circuit cooling towers
■ Availability of rental hybrid cooling towers
■ Incorporation of IoT with hybrid cooling towers
PART 11: VENDOR LANDSCAPE
■ Landscape disruption
■ Competitive scenario
PART 12: VENDOR ANALYSIS
■ Vendors covered
■ Vendor classification
■ Market positioning of vendors
■ Babcock & Wilcox Enterprises Inc.
■ Baltimore Aircoil Co.
■ ENEXIO Management GmbH
■ EVAPCO Inc.
■ FANS AS
■ Harrison Cooling Towers Pvt. Ltd.
■ Johnson Controls International Plc
■ North Street Cooling Towers Pvt. Ltd.
■ SPX Corp.
PART 13: APPENDIX
■ Research methodology
■ List of abbreviations
■ Definition of market positioning of vendors
PART 14: EXPLORE TECHNAVIO
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.