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Global Evaporative Cooling Market 2018-2023: Low Maintenance Cost and Cost-Effective Cooling Solutions are the Key Drivers of Growth - ResearchAndMarkets.com

December 17, 2018

DUBLIN--(BUSINESS WIRE)--Dec 17, 2018--The “Global Evaporative Cooling Market - Segmented by Type of Cooling, Application (Residential, Commercial, Industrial), Distribution Channel (Big Box Retailers, HVAC Contractors and Distributors), and Region- Growth, Trends and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.

The evaporative cooling market was valued at USD 5.47 billion in 2017 and is projected to reach USD 7.41 billion by the end of 2023, growing at a CAGR of 5.1% over the forecast period of 2018-2023.

Evaporative cooling enables firms to gain cooling benefits without having an adverse effect on the environment. Low maintenance cost and cost-effective cooling solutions are driving the growth of the evaporative cooling market.

Developments in the Market

February 2018 - SPX Cooling Technologies, Inc. revealed its latest innovations in cooling towers and components at the International Air-Conditioning, Heating, Refrigeration Exposition (AHR Expo), at McCormick Place in Chicago. The new product offers over 85% more cooling capacity compared to other preassembled counterflow towers. May 2017 - Condair introduced a range of advanced commercial and industrial dehumidifiers. These dehumidifiers use a silica-coated sorption rotor to absorb moisture from the air. This type of technology is ideal for low temperature conditions or applications that require very dry air.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Key Findings of the Study

4. Market Dynamics

5. Global Evaporative Cooling Market Segmentation

6. Competitive Intelligence - Company Profiles

7. Investment Analysis

8. Future Outlook of Evaporative Cooling Market

Companies Profiled

Delta Cooling Towers Inc. Condair Group AG SPX Cooling Technologies Baltimore Aircoil Company Munters Corporation Colt Group Phoenix Manufacturing Inc. Bonaire Group (Celi Group) ENEXIO Water Technologies GmbH CFW Evapcool Celsius Design Limited

For more information about this report visit https://www.researchandmarkets.com/research/xwj5kr/global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181217005563/en/

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Related Topics:HVAC (Heating, Ventilation, and Air Conditioning)

KEYWORD:

INDUSTRY KEYWORD: CONSTRUCTION & PROPERTY OTHER CONSTRUCTION & PROPERTY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/17/2018 11:40 AM/DISC: 12/17/2018 11:41 AM

http://www.businesswire.com/news/home/20181217005563/en

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