The Europe Industrial Cooling Systems Market would witness market growth of 5.1% CAGR during the forecast period (2023-2030).
The industrial cooling systems are increasing in demand in the food and beverage industry. The use of packaged and processed foods and beverages is on the rise, and there is a greater need for industrial cooling systems due to these factors and the desire to avoid spoiling food and drink. The market is anticipated to be impacted during the projected period by the adoption of upgraded and upgraded cold chain systems.
Food and beverage production, storage, packaging, and distribution encompass a wide range of products. The industry is highly regulated, and it is required to use cutting-edge practices to maintain product quality and prevent product degradation. Systems for cooling industrial processes save energy and enhance productivity. The automotive industry's expanding need for cooling systems is driving industry growth.
Additionally, with the increasing demand for automobiles across the region will drive the manufacturing of more vehicles, resulting in the rising demand for industrial cooling systems. Systems for cooling industrial processes save energy and enhance productivity. The automotive industry's expanding need for cooling systems is driving industry growth.
The manufacturing of chemicals is one of the largest manufacturing sectors in Europe. The chemical industry produces polymers, fundamental inorganics, specialized chemicals, consumer chemicals, and petrochemicals. This industry provides solutions for other industries as well as for several societal issues. With sales of €565 billion in 2018—or about 17% of all chemical sales worldwide—it represents around 7.5% of the EU's manufacturing sector by turnover. Therefore, these factors will support the expansion of the chemical sector and boost the regional industrial cooling system market's revenue.
The Germany market dominated the Europe Industrial Cooling Systems Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,331.7 million by 2030. The UK market is exhibiting a CAGR of 4.2% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.9% during (2023 - 2030).
Based on End-user, the market is segmented into Chemical, Oil & Gas, Utility & Power, Pharmaceuticals, Food & Beverage, and Others. Based on Function, the market is segmented into Stationary Cooling, and Transport Cooling. Based on Product Type, the market is segmented into Evaporative Cooling, Air Cooling, Water Cooling, and Hybrid Cooling. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Industrial Cooling Systems Market is Projected to reach USD 23.4 Billion by 2030, at a CAGR of 5.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Airedale International Air Conditioning Ltd. (Modine Manufacturing Company), Emerson Electric Co., GEA Group AG, Johnson Controls International PLC, Schneider Electric SE, SPX Technologies, Inc., Baltimore Aircoil Company, Inc. (Amsted Industries), Brentwood Industries, Inc., Star Cooling Tower Pvt Ltd. and Rittal GmbH & Co. KG (Friedhelm Loh Stiftung & Co. KG).
Scope of the Study
Market Segments Covered in the Report:
By End-user
- Chemical
- Oil & Gas
- Utility & Power
- Pharmaceuticals
- Food & Beverage
- Others
By Function
- Stationary Cooling
- Transport Cooling
By Product Type
- Evaporative Cooling
- Air Cooling
- Water Cooling
- Hybrid Cooling
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Airedale International Air Conditioning Ltd. (Modine Manufacturing Company)
- Emerson Electric Co.
- GEA Group AG
- Johnson Controls International PLC
- Schneider Electric SE
- SPX Technologies, Inc.
- Baltimore Aircoil Company, Inc. (Amsted Industries)
- Brentwood Industries, Inc.
- Star Cooling Tower Pvt Ltd.
- Rittal GmbH & Co. KG (Friedhelm Loh Stiftung & Co. KG)
TABLE 1 Europe Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 2 Europe Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 3 Europe Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 4 Europe Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 5 Europe Chemical Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Chemical Market by Country, 2023 - 2030, USD Million
TABLE 7 Europe Oil & Gas Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Oil & Gas Market by Country, 2023 - 2030, USD Million
TABLE 9 Europe Utility & Power Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Utility & Power Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Pharmaceuticals Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Pharmaceuticals Market by Country, 2023 - 2030, USD Million
TABLE 13 Europe Food & Beverage Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Food & Beverage Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 17 Europe Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 18 Europe Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 19 Europe Stationary Cooling Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Stationary Cooling Market by Country, 2023 - 2030, USD Million
TABLE 21 Europe Transport Cooling Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Transport Cooling Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 24 Europe Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 25 Europe Evaporative Cooling Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Evaporative Cooling Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Air Cooling Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Air Cooling Market by Country, 2023 - 2030, USD Million
TABLE 29 Europe Water Cooling Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Water Cooling Market by Country, 2023 - 2030, USD Million
TABLE 31 Europe Hybrid Cooling Market by Country, 2019 - 2022, USD Million
TABLE 32 Europe Hybrid Cooling Market by Country, 2023 - 2030, USD Million
TABLE 33 Europe Industrial Cooling Systems Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Industrial Cooling Systems Market by Country, 2023 - 2030, USD Million
TABLE 35 Germany Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 36 Germany Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 37 Germany Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 38 Germany Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 39 Germany Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 40 Germany Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 41 Germany Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 42 Germany Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 43 UK Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 44 UK Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 45 UK Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 46 UK Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 47 UK Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 48 UK Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 49 UK Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 50 UK Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 51 France Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 52 France Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 53 France Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 54 France Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 55 France Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 56 France Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 57 France Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 58 France Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 59 Russia Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 60 Russia Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 61 Russia Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 62 Russia Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 63 Russia Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 64 Russia Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 65 Russia Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 66 Russia Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 67 Spain Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 68 Spain Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 69 Spain Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 70 Spain Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 71 Spain Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 72 Spain Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 73 Spain Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 74 Spain Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 75 Italy Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 76 Italy Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 77 Italy Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 78 Italy Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 79 Italy Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 80 Italy Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 81 Italy Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 82 Italy Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 83 Rest of Europe Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 84 Rest of Europe Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 85 Rest of Europe Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 86 Rest of Europe Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 87 Rest of Europe Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 88 Rest of Europe Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 89 Rest of Europe Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 90 Rest of Europe Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 91 Key Information – Airedale International Air Conditioning Ltd.
TABLE 92 Key Information – Emerson Electric Co.
TABLE 93 Key Information – GEA Group AG
TABLE 94 Key Information – Johnson Controls International PLC
TABLE 95 Key information – Schneider Electric SE
TABLE 96 Key Information – SPX Technologies, Inc.
TABLE 97 Key Information – Baltimore Aircoil Company, Inc.
TABLE 98 Key Information – Brentwood Industries, Inc.
TABLE 99 Key Information – Star Cooling Tower Pvt Ltd.
TABLE 100 Key Information – Rittal GmbH & Co. KG
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Industrial Cooling Systems Market, 2019 - 2030, USD Million
FIG 3 Key Impacting Factors industrial cooling systems market
FIG 4 Market Share Analysis, 2022
FIG 5 Porter’s Five Forces Analysis – Industrial Cooling Systems Market
FIG 6 Europe Industrial Cooling Systems Market share by End-user, 2022
FIG 7 Europe Industrial Cooling Systems Market share by End-user, 2030
FIG 8 Europe Industrial Cooling Systems Market by End-user, 2019 - 2030, USD Million
FIG 9 Europe Industrial Cooling Systems Market share by Function, 2022
FIG 10 Europe Industrial Cooling Systems Market share by Function, 2030
FIG 11 Europe Industrial Cooling Systems Market by Function, 2019 - 2030, USD Million
FIG 12 Europe Industrial Cooling Systems Market share by Product Type, 2022
FIG 13 Europe Industrial Cooling Systems Market share by Product Type, 2030
FIG 14 Europe Industrial Cooling Systems Market by Product Type, 2019 - 2030, USD Million
FIG 15 Europe Industrial Cooling Systems Market share by Country, 2022
FIG 16 Europe Industrial Cooling Systems Market share by Country, 2030
FIG 17 Europe Industrial Cooling Systems Market by Country, 2019 - 2030, USD Million
FIG 18 Swot analysis: Airedale International Air Conditioning Ltd.
FIG 19 Swot analysis: Emerson Electric CO.
FIG 20 Swot analysis: GEA Group AG
FIG 21 Swot analysis: Johnson Controls International PLC
FIG 22 SWOT Analysis: Schneider Electric SE
FIG 23 Swot analysis: SPX Technologies, Inc.
FIG 24 Swot analysis: Baltimore Aircoil Company, Inc.
FIG 25 Swot analysis: Brentwood Industries, Inc.
FIG 26 Swot analysis: Star Cooling Tower Pvt Ltd
FIG 27 Swot analysis: Rittal GmbH & Co. KG