The global cooling tower market size is estimated to be 2.1 billion in 2021 and projected to be USD 2.6 billion by 2026, at a CAGR of 4.5%.
Scope of the Cooling Tower Market
- Sub-segments have been modified based on the latest secondary research. The impact of COVID-19 on various countries and applications has been considered while designing the market engineering process and forecasting the new edition of the cooling tower market report.
COVID-19 Impact on Cooling Tower Market
- The new version of the report includes an analysis of the impact of COVID-19 on the overall cooling tower market.
- A trends/disruptions shift for the cooling tower market is added in this new version.
- In the new version of the report, patent analysis, technology analysis, trade analysis, market mapping/ecosystem map, tariff & regulatory analysis, pricing analysis, and case study analysis for the market has been added.
Competitive Leadership Mapping
- A competitive evaluation matrix has been added wherein the players are categorized as star, emerging leaders, pervasive, and emerging companies. The top 25 manufacturers operating in the market have been evaluated in this section. The competitive landscape section studies the strength of product portfolio and business strategy excellence for the top 10 companies.
- The new edition of the report provides market share for key players based on various parameters, such as revenue generation in the market, their geographic presence, key strategic developments adopted by the players to expand their business horizons, and their market strengths and positions.
- Also, start-up matrix has been added in the new version of the report.
- Strategic developments have changed the status quo of industry leaders, and it was prudent to analyze the changing business landscape. Therefore, companies have been studied for their current focus and strategies, right to win in the market, and their winning imperatives.
New Financial Data
- The new edition of the report provides updated financial information in the context of the market till 2020 (depending on the availability) for each listed company in a graphical format in a single diagram. This is expected to help analyze the present status of profiled companies in terms of financial strength, profitability, key revenue-generating regions/countries, segmental revenue, and business segment focus in terms of the highest revenue-generating segment.
Recent Cooling Tower Market Developments
- Recent developments are helpful to know market trends and growth strategies adopted by players in the market. In the new version of the report, latest developments are listed.
Latest Product Portfolio
• Tracking product portfolio helps analyze product offerings in the market. The new edition of the report provides an updated product portfolio of the profiled companies.