LAMEA Industrial Cooling Systems Market Size, Share & Industry Trends Analysis Report By End-user, By Function (Stationary Cooling, and Transport Cooling), By Product Type, By Country and Growth Forecast, 2023 - 2030

The Latin America, Middle East and Africa Industrial Cooling Systems Market would witness market growth of 8.8% CAGR during the forecast period (2023-2030).

The IoT as well as smart technology integration, have opened up a lot of opportunities for the market. Sensor and data analytics powered by IoT can improve system performance, promote predictive maintenance, allow remote monitoring and control, and increase overall effectiveness. Companies that take advantage of this technology might be able to offer advanced, intelligent cooling solutions.

Furthermore, the use of technology like evaporators/passive coolers, as well as absorption refrigerators in cold chains, helps to minimize harvest spoiling. In addition to agroclimatic conditions, high and extreme temperatures also contribute to market expansion. The equipment, methods, and practices of industrial cooling systems are intricately arranged.

A wide range of businesses, including manufacturing, power generation, data centers, chemical processing, and many more that produce a lot of weight while carrying out their operations, need this technology. The major goals of an industrial cooling system are damage prevention, maintenance of the best working conditions, confirmation of machine effectiveness, and extension of the machinery by remote access by tools or procedures.

Saudi Arabia is one of the greatest net exporters of petroleum and is home to over 17% of the world's proven oil reserves. The world's second-largest proven oil reserves are in Saudi Arabia. The two main parts of Saudi Aramco's business are upstream and downstream. On average, Aramco produced 11.6 mmbpd (million barrels of oil per day) of hydrocarbons till June of 2021, of which production of crude oil accounted for 8.6 mmbpd. Saudi Arabia's production increased alongside OPEC+'s gradual quota increases; as of June 2022, Saudi Arabia produced 10.3 mmbpd of crude oil. As a result, there is a higher demand for cooling systems in this nation. As a result of the burgeoning oil and gas industry, the regional industrial cooling system market is growing.

The Brazil market dominated the LAMEA Industrial Cooling Systems Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $451.2 million by 2030. The Argentina market is showcasing a CAGR of 9.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 8.5% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

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)

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Industrial Cooling Systems Market, by End-user
1.4.2 LAMEA Industrial Cooling Systems Market, by Function
1.4.3 LAMEA Industrial Cooling Systems Market, by Product Type
1.4.4 LAMEA Industrial Cooling Systems Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints

Chapter 4. Competition Analysis - Global
4.1 Market Share Analysis, 2022
4.2 Porter’s Five Forces Analysis

Chapter 5. Strategies Deployed in Industrial Cooling Systems Market

Chapter 6. LAMEA Industrial Cooling Systems Market by End-user
6.1 LAMEA Chemical Market by Country
6.2 LAMEA Oil & Gas Market by Country
6.3 LAMEA Utility & Power Market by Country
6.4 LAMEA Pharmaceuticals Market by Country
6.5 LAMEA Food & Beverage Market by Country
6.6 LAMEA Others Market by Country

Chapter 7. LAMEA Industrial Cooling Systems Market by Function
7.1 LAMEA Stationary Cooling Market by Country
7.2 LAMEA Transport Cooling Market by Country

Chapter 8. LAMEA Industrial Cooling Systems Market by Product Type
8.1 LAMEA Evaporative Cooling Market by Country
8.2 LAMEA Air Cooling Market by Country
8.3 LAMEA Water Cooling Market by Country
8.4 LAMEA Hybrid Cooling Market by Country

Chapter 9. LAMEA Industrial Cooling Systems Market by Country
9.1 Brazil Industrial Cooling Systems Market
9.1.1 Brazil Industrial Cooling Systems Market by End-user
9.1.2 Brazil Industrial Cooling Systems Market by Function
9.1.3 Brazil Industrial Cooling Systems Market by Product Type
9.2 Argentina Industrial Cooling Systems Market
9.2.1 Argentina Industrial Cooling Systems Market by End-user
9.2.2 Argentina Industrial Cooling Systems Market by Function
9.2.3 Argentina Industrial Cooling Systems Market by Product Type
9.3 UAE Industrial Cooling Systems Market
9.3.1 UAE Industrial Cooling Systems Market by End-user
9.3.2 UAE Industrial Cooling Systems Market by Function
9.3.3 UAE Industrial Cooling Systems Market by Product Type
9.4 Saudi Arabia Industrial Cooling Systems Market
9.4.1 Saudi Arabia Industrial Cooling Systems Market by End-user
9.4.2 Saudi Arabia Industrial Cooling Systems Market by Function
9.4.3 Saudi Arabia Industrial Cooling Systems Market by Product Type
9.5 South Africa Industrial Cooling Systems Market
9.5.1 South Africa Industrial Cooling Systems Market by End-user
9.5.2 South Africa Industrial Cooling Systems Market by Function
9.5.3 South Africa Industrial Cooling Systems Market by Product Type
9.6 Nigeria Industrial Cooling Systems Market
9.6.1 Nigeria Industrial Cooling Systems Market by End-user
9.6.2 Nigeria Industrial Cooling Systems Market by Function
9.6.3 Nigeria Industrial Cooling Systems Market by Product Type
9.7 Rest of LAMEA Industrial Cooling Systems Market
9.7.1 Rest of LAMEA Industrial Cooling Systems Market by End-user
9.7.2 Rest of LAMEA Industrial Cooling Systems Market by Function
9.7.3 Rest of LAMEA Industrial Cooling Systems Market by Product Type

Chapter 10. Company Profiles
10.1 Airedale International Air Conditioning Ltd. (Modine Manufacturing Company)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Product Launches and Product Expansions:
10.1.6 SWOT Analysis
10.2 Emerson Electric Co.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Product Launches and Product Expansions:
10.2.6 SWOT Analysis
10.3 GEA Group AG
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 SWOT Analysis
10.4 Johnson Controls International PLC
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental & Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 Schneider Electric SE
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.6 SWOT Analysis
10.6 SPX Technologies, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Acquisition and Mergers:
10.6.6 SWOT Analysis
10.7 Baltimore Aircoil Company, Inc. (Amsted Industries)
10.7.1 Company Overview
10.7.2 Recent strategies and developments:
10.7.2.1 Acquisition and Mergers:
10.7.3 SWOT Analysis
10.8 Brentwood Industries, Inc.
10.8.1 Company Overview
10.8.2 SWOT Analysis
10.9 Star Cooling Tower Pvt Ltd.
10.9.1 Company Overview
10.9.2 SWOT Analysis
10.10. Rittal GmbH & Co. KG (Friedhelm Loh Stiftung & Co. KG)
10.10.1 Company Overview
10.10.2 SWOT Analysis

TABLE 1 LAMEA Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 4 LAMEA Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 5 LAMEA Chemical Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Chemical Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Oil & Gas Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Oil & Gas Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Utility & Power Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Utility & Power Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Pharmaceuticals Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Pharmaceuticals Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Food & Beverage Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Food & Beverage Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 18 LAMEA Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 19 LAMEA Stationary Cooling Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Stationary Cooling Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Transport Cooling Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Transport Cooling Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 24 LAMEA Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 25 LAMEA Evaporative Cooling Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Evaporative Cooling Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Air Cooling Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Air Cooling Market by Country, 2023 - 2030, USD Million
TABLE 29 LAMEA Water Cooling Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Water Cooling Market by Country, 2023 - 2030, USD Million
TABLE 31 LAMEA Hybrid Cooling Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA Hybrid Cooling Market by Country, 2023 - 2030, USD Million
TABLE 33 LAMEA Industrial Cooling Systems Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Industrial Cooling Systems Market by Country, 2023 - 2030, USD Million
TABLE 35 Brazil Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 36 Brazil Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 37 Brazil Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 38 Brazil Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 39 Brazil Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 40 Brazil Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 41 Brazil Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 42 Brazil Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 43 Argentina Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 44 Argentina Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 45 Argentina Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 46 Argentina Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 47 Argentina Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 48 Argentina Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 49 Argentina Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 50 Argentina Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 51 UAE Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 52 UAE Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 53 UAE Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 54 UAE Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 55 UAE Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 56 UAE Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 57 UAE Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 58 UAE Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 59 Saudi Arabia Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 60 Saudi Arabia Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 61 Saudi Arabia Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 62 Saudi Arabia Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 63 Saudi Arabia Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 64 Saudi Arabia Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 65 Saudi Arabia Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 66 Saudi Arabia Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 67 South Africa Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 68 South Africa Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 69 South Africa Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 70 South Africa Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 71 South Africa Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 72 South Africa Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 73 South Africa Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 74 South Africa Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 75 Nigeria Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 76 Nigeria Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 77 Nigeria Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 78 Nigeria Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 79 Nigeria Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 80 Nigeria Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 81 Nigeria Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 82 Nigeria Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 83 Rest of LAMEA Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 84 Rest of LAMEA Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 85 Rest of LAMEA Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 86 Rest of LAMEA Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 87 Rest of LAMEA Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 88 Rest of LAMEA Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 89 Rest of LAMEA Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 90 Rest of LAMEA 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 LAMEA 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 LAMEA Industrial Cooling Systems Market share by End-user, 2022
FIG 7 LAMEA Industrial Cooling Systems Market share by End-user, 2030
FIG 8 LAMEA Industrial Cooling Systems Market by End-user, 2019 - 2030, USD Million
FIG 9 LAMEA Industrial Cooling Systems Market share by Function, 2022
FIG 10 LAMEA Industrial Cooling Systems Market share by Function, 2030
FIG 11 LAMEA Industrial Cooling Systems Market by Function, 2019 - 2030, USD Million
FIG 12 LAMEA Industrial Cooling Systems Market share by Product Type, 2022
FIG 13 LAMEA Industrial Cooling Systems Market share by Product Type, 2030
FIG 14 LAMEA Industrial Cooling Systems Market by Product Type, 2019 - 2030, USD Million
FIG 15 LAMEA Industrial Cooling Systems Market share by Country, 2022
FIG 16 LAMEA Industrial Cooling Systems Market share by Country, 2030
FIG 17 LAMEA 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