North America Field-erected Cooling Tower Market Size & Outlook
North America field-erected cooling tower market, 2018-2030 (US$M)
North America field-erected cooling tower market highlights
- The North America field-erected cooling tower market generated a revenue of USD 354.8 million in 2023.
- The market is expected to grow at a CAGR of 1.9% from 2024 to 2030.
- In terms of segment, wet was the largest revenue generating tower type in 2023.
- Wet is the most lucrative tower type segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 354.8 million |
| Market revenue in 2030 | USD 405.0 million |
| Growth rate | 1.9% (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 |
| Key market players worldwide | Star Cooling Towers, Composite Cooling Solutions, EvapTech, Inc., MESAN, International Cooling Tower, EVAPCO, Inc., Delta Cooling Towers, Brentwood Industries, Babcock & Wilcox Enterprises Inc, Paharpur Cooling Towers, Hamon, Enexio, SPX Cooling Technologies |
Other key industry trends
- In terms of revenue, North America region accounted for 16.9% of the global field-erected cooling tower market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,346.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Field-Erected Cooling Tower Market Scope
Field-Erected Cooling Tower Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 North America field-erected cooling tower market based on wet covering the revenue growth of each sub-segment from 2018 to 2030.
North America exhibits a steady demand for field-erected cooling towers, characterized by the need for energy-efficient cooling solutions in power generation, industrial processes, and HVAC applications.
The U.S. and Canada are actively focusing on upgrading their aging infrastructure, including power plants and industrial facilities, which directly influences the demand for new and advanced field-erected cooling towers.
Furthermore, North America's stringent environmental standards necessitate the adoption of cooling solutions that not only meet the operational demands but also align with environmental sustainability goals, thus propelling the market growth in the region.
Reasons to subscribe to North America field-erected cooling tower market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America field-erected cooling tower market databook
-
Our clientele includes a mix of field-erected cooling tower market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America field-erected cooling tower market , including forecasts for subscribers. This continent databook contains high-level insights into North America field-erected cooling tower market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America field-erected cooling tower market
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
