PPT-Industrial Cooling System Market: Global Market Insights, Inc.

1. Industrial Cooling System Market 2016 – 2024

2. Global Market Scenario of Industrial Cooling System • Industrial Cooling System Market Size is forecast to grow at 6% CAGR from 2016 to 2024 and reach about USD 13.4 billion by 2024. • Power generation segment contributed to majority of the global industrial cooling system market share in 2015, with demand expected to remain robust in the coming years. • It is also forecast to witness high growth on account of increased application in nuclear and thermal power plants. Importance of temperature and pressure control for efficient and safe operation will remain the major growth driver. • Stringent environmental regulations have mandated reforms to focus on greener buildings and replacement of older methods with innovated and greener solutions to reduce the effect of pollution and global warming.  • https://www.gminsights.com/industry-analysis/industrial-cooling-system-market

3. Continue..... • Requirements of large amount of water for maintaining efficiency presents a considerable growth challenge for industry participants. Water requirement is dealt by installation of industries near water resources. • Dissolved chemicals, minerals and biofouling accelerate corrosion and scaling, which require careful treatment. Deionizing of water required for warming electronic devices pose increased risks of short circuits, this is being circumvented by closed re-circulating systems. • Greenhouse gases emissions and energy demand have led to growing interest of major nations in the world for nuclear power, which will provide a platform for industry growth. • Get more detail @ https://www.gminsights.com/industry-analysis/industrial-cooling-system-market

4. 360° Analysis • Application Analysis • Data center cooling market solutions include the use of precision cooling equipment, air conditioning units, and evaporative units. Growing data center demand on account of need to manage information effectively across large enterprises as well as SMBs will fuel industrial cooling system market size in the coming years. Thermal management solutions are also adopted to ensure reliable performance across these facilities. Across the pharmaceutical segment, this equipment helps labor cost savings by lowering the overall manufacturing time. • Regional Analysis •  Asia Pacific industrial cooling system market was the largest regional segment and is expected to grow rapidly during the forecast timeframe primarily due to steady economic development in the region. • Factors inhibiting growth are labored increase of demand in developed counterparts such as Europe and North America. Germany contributed considerably to European revenue in 2015, mainly due to the presence of a strong technological and innovation landscape. • Competitive Market Share • Key operating participants in the global industrial cooling system market share are Baltimore Aircoil Company, Bell Cooling Tower, Brentwood Industries Inc., Hamon Group, Johnson Controls Inc., Paharpur Cooling Towers, SPIG S.P.A, SPX Corporation, Airedale, American Power Conversion Corporation, and Black Box Corp

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