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Global Hybrid Cooling Towers Market 2017-2021

Global Hybrid Cooling Towers Market 2017-2021

About Hybrid Cooling Towers

Cooling towers are devices that help in heat transfer and rejection into the atmosphere. The process involves the cooling of a water stream via evaporation. A small portion of the water that is being cooled gets evaporated and flows along with the air stream, which enables the process water to be cooled significantly. Hybrid cooling towers effectively radiate heat from the process equipment in major industries, such as the power generation industry, and emit it into the surrounding atmosphere. Unlike traditional cooling towers, hybrid ones take care of the visible plume and arrest it before rejecting it from the towers.

Technavio’s analysts forecast the global hybrid cooling towers market to grow at a CAGR of 6.07% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global hybrid cooling towers market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Hybrid Cooling Towers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Babcock & Wilcox Enterprises
  • ENEXIO MANAGEMENT
  • EVAPCO
  • Johnson Controls
  • SPX
Other prominent vendors
  • Baltimore Aircoil Company
  • Delta Cooling Towers
  • Evaptech
  • FANS
  • HARRISON
  • Hamon
  • jacir
  • KUKEN KOGYO
  • Paharpur Cooling Towers
  • North Street Cooling Towers
  • Truwater Cooling Towers
Market driver
  • Intelligent hybrid cooling technology
  • For a full, detailed list, view our report
Market challenge
  • Fire hazards
  • For a full, detailed list, view our report
Market trend
  • Experimentation toward development of advanced cooling systems
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Hybrid Cooling Towers Market 2017-2021

Technavio recognizes the following companies as the key players in the global hybrid cooling towers market: Babcock & Wilcox Enterprises, ENEXIO MANAGEMENT, EVAPCO, Johnson Controls, and SPX.

Other Prominent Vendors in the market are: Baltimore Aircoil Company, Delta Cooling Towers, Evaptech, FANS, HARRISON, Hamon, Johnson Controls, jacir, KUKEN KOGYO, Paharpur Cooling Towers, and North Street Cooling Towers.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is experimentation toward development of advanced cooling systems. At present, heat transfer and cooling discharge treatment are some of the cooling research areas that are being exploited in the power industry. The research is mainly focused on the technology readiness level (TRL) spectrum.”

According to the report, one driver in the market is intelligent hybrid cooling technology. The temperature of the water that is heated in process industries, power utilities, HVAC/R, data centers, and several other industries having high-heat applications is reduced by open cooling towers. The warm water is poured on the fill within the cooling towers, which provides a large surface area for the process of heat removal via evaporation. The process is known as a wet process. Thus, a constant supply of water is required to replace the evaporated water from the cooling tower. However, in several regions, continuing droughts and escalating competition for this vital resource restrict water availability.

Further, the report states that one challenge in the market is fire hazards. The use of inflammable construction materials in whole or part for the construction of cooling towers can aid in internal fire propagation. Considering the high surface-volume ratio of the towers, such fires can spread wildly, causing immense damage as the fire can get intensified by the natural or fan-assisted air draft within the tower. Damages can be severe enough to facilitate the requirement to replace the entire tower structure. This is the reason why certain regulations and standards suggest the incorporation of automatic fire sprinkler systems within inflammable cooling towers. Fire can spread across the tower even when it is not in operation.

Companies Mentioned

Babcock & Wilcox Enterprises, ENEXIO MANAGEMENT, EVAPCO, Johnson Controls, SPX, Baltimore Aircoil Company, Delta Cooling Towers, Evaptech, FANS, HARRISON, Hamon, Johnson Controls, jacir, KUKEN KOGYO, Paharpur Cooling Towers, and North Street Cooling Towers.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market Landscape
    • Market ecosystem
      • Table Related market
      • Table Global hybrid cooling towers market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - inclusions and exclusions checklist
    • Market sizing 2016
      • Table Market size 2016
      • Table Validation techniques employed for market sizing - 2016
    • Market size and forecast 2016-2021
      • Table Global - Market size and forecast 2016-2021 ($ mn)
      • Table Pre and post-industrial revolution
      • Table Global - Year over year growth 2017-2021 (%)
  • Five forces analysis
    • Table Five forces analysis 2016
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Five forces analysis
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user - Market share 2016-2021 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Power generation - Market size and forecast 2016-2021
      • Table Power generation - Market size and forecast 2016-2021 ($ mn)
      • Table Power generation - Year over year growth 2017-2021 (%)
      • Table HRSG at different pressure levels
      • Table Major differences between HRSG and regular boiler
    • HVAC - Market size and forecast 2016-2021
      • Table HVAC - Market size and forecast 2016-2021 ($ mn)
      • Table Projected growth of middle-class
      • Table HVAC - Year over year growth 2017-2021 (%)
    • Oil and gas - Market size and forecast 2016-2021
      • Table Oil and gas - Market size and forecast 2016-2021 ($ mn)
      • Table Oil and gas - Year over year growth 2017-2021 (%)
    • Chemical and petrochemical - Market size and forecast 2016-2021
      • Table Chemical and petrochemical - Market size and forecast 2016-2021 ($ mn)
      • Table Chemical and petrochemical - Year over year growth 2017-2021 (%)
    • Food and beverage - Market size and forecast 2016-2021
      • Table Food and beverage - Market size and forecast 2016-2021 ($ mn)
      • Table Food and beverage - Year over year growth 2017-2021 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2016-2021
      • Table APAC - Market size and forecast 2016-2021 ($ mn)
      • Table APAC - Year over year growth 2017-2021 (%)
    • EMEA - Market size and forecast 2016-2021
      • Table EMEA - Market size and forecast 2016-2021 ($ mn)
      • Table EMEA - Year over year growth 2017-2021 (%)
    • Americas - Market size and forecast 2016-2021
      • Table Americas - Market size and forecast 2016-2021 ($ mn)
      • Table Americas - Year over year growth 2017-2021 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Popular benefits of nuclear power
    • Market challenges
  • Market trends
    • Experimentation toward development of advanced cooling systems
    • Power plants resorting to the use of municipal wastewater
    • Water and energy savings in data centers
  • Vendor landscape
    • Competitive landscape
      • Table Risk factors associated with hybrid cooling towers market
  • Vendor analysis
    • Vendor overview
    • Babcock & Wilcox Enterprises
    • ENEXIO MANAGEMENT
    • EVAPCO
    • Johnson Controls
    • SPX
  • Appendix
    • List of abbreviations
  • Explore Technavio

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