Global Field-erected Cooling Tower Market Size & Outlook
Global field-erected cooling tower market, 2018-2030 (US$M)
Global field-erected cooling tower market highlights
- The global field-erected cooling tower market generated a revenue of USD 2,104.6 million in 2023 and is expected to reach USD 2,671.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 3.5% by 2030.
- In terms of segment, wet accounted for a revenue of USD 2,104.6 million in 2023.
- Wet is the most lucrative tower type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 2,104.6 million |
| Market revenue in 2030 | USD 2,671.3 million |
| Growth rate | 3.5% (CAGR from 2023 to 2030) |
| Largest segment | Wet |
| Fastest growing segment | Wet |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wet |
Other key industry trends
- In terms of revenue, the North America accounted for 16.9% of the global field-erected cooling tower market in 2023.
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Field-Erected Cooling Tower Market Scope
Field-Erected Cooling Tower Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global field-erected cooling tower market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to field-erected cooling tower market will help companies and investors design strategic landscapes.
Wet was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global field-erected cooling tower market based on wet covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Field-Erected Cooling Tower Tower Type Outlook (Revenue, USD Million, 2018-2030)
- Wet
- Dry
- Hybrid
- Global Field-Erected Cooling Tower Design Outlook (Revenue, USD Million, 2018-2030)
- Nautral Draft
- Forced Draft
- Inuduced Draft
- Global Field-Erected Cooling Tower End Use Outlook (Revenue, USD Million, 2018-2030)
- Power Generation
- Petrochemicals & Oil & Gas
- Iron & Steel
- Metallurgy
- Paper Mills
- Others
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Target buyers of Global field-erected cooling tower market databook
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Our clientele includes a mix of field-erected cooling tower market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global field-erected cooling tower market , including forecasts for subscribers. This global databook contains high-level insights into Global field-erected cooling tower market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global field-erected cooling tower market size, by regions, 2018-2030 (US$M)
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