Jan 29, 2019   SOURCE: BusinessWire

North American Evaporative Cooling Market - Growth, Trends and Forecast (2018-2023) - ResearchAndMarkets.com

The "North America Evaporative Cooling Market - segmented by Type of Cooling (Direct, Indirect, Two-stage), Application (Residential, Commercial, Industrial, Confinement Farming) - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The North American evaporative cooling market was valued at USD 1.41 billion in 2017, and is expected to reach USD 1.74 billion by 2023, recording a CAGR of 3.71% over the forecast period of 2018-2023.

The scope of the report is limited to type of cooling offered by major players which include Direct, Indirect, and Two-stage. The Applications considered in the scope of the report include Commercial, Industrial, and Confinement Farming.

Air conditioners are not a good option for cooling commercial and industrial premises, as capital and running costs of these units are often extremely prohibitive. This is particularly true when it is required to cool large spaces with high ceilings, which are almost similar to open or semi-open spaces.

Moreover, the North American region has been witnessing an increasing number of initiatives for sustainable energy management.

Therefore, traditional air conditioning is not a feasible option. This factor is driving the popularity of evaporative cooling, which is fast becoming the most efficient option, for cooling large areas or open spaces. However, lack of air filtering is one of the key issues that is hampering the growth of the market.

Key Highlights

  • Direct Cooling System to Account for Significant Share in Evaporative Cooling Market
  • Industrial Applications Expected to Bolster the Growth in North America Evaporative Cooling Market

Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Insights

5. Market Segmentation by Type of Cooling

6. Market Segmentation by Application

7. Competitive Intelligence

8. Investment Analysis

9. Future of North America Evaporative Cooling Market

Companies Featured

  • Delta Cooling Towers Inc.
  • Condair Group AG
  • SPX Cooling Technologies
  • Baltimore Aircoil Company
  • Munters Corporation
  • Colt Group
  • Phoenix Manufacturing Inc.
  • Bonaire Group (Celi Group)

For more information about this report visit https://www.researchandmarkets.com/research/76tck5/north_american?w=4