Cooling Tower Rental Market, 2022

The global cooling tower rental market is expected to grow at a CAGR of 5.18%, from 2017 to 2022, to reach a projected USD 0.99 Billion by 2022. The growth will be mainly driven by rise in HVACR deployments and growth in industrial activities across globe.

The global cooling tower rental market is expected to grow at a CAGR of 5.18%, from 2017 to 2022, to reach a projected USD 0.99 Billion by 2022. The growth will be mainly driven by rise in HVACR deployments and growth in industrial activities across globe.

The report segments the cooling towers rental market, on the basis of type, into wet, dry and hybrid. The wet segment led the cooling towers rental market in 2015. Wet cooling tower rental services are largely consumed for power generation by utilities and manufacturing facilities apart from other applications. Dry cooling tower rental market is expected to grow most swiftly during the forecast period (2017 to 2022) mainly due to the increasing implementation of energy efficiency targets globally and growth of HVACR applications in the expanding commercial building and construction industry.

North America is projected to be the largest market for cooling tower rental due to its stringent environmental norms and increasing investments in major industries such as oil & gas, power utilities, metals and mining. This market is also expected to boost global cooling tower rental market during the forecast period.

Some of the global players in this market include Aggreko, United rental, Sunbelt Rental, Caterpillar, Johnson Controls, Engie Refrigeration, together they hold a strong share of the global cooling tower rental market.

Market Dynamics

Drivers

Opportunities

Restraints

Challenges

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Cooling Tower Rental Market, By Type

7 Cooling Tower Rental Market, By Design

8 Cooling Tower Rental Market, By Capacity

9 Cooling Tower Rental Market, By End-User

10 Cooling Tower Rental Market, By Region

11 Competitive Landscape

12 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/lf7t3f/cooling_tower

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