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Global Cooling Water Circulation Device Market Growth 2026-2032

Published Jan 02, 2025
Length 109 Pages
SKU # LPI20691129

Description

The global Cooling Water Circulation Device market size is predicted to grow from US$ 998 million in 2025 to US$ 1572 million in 2032; it is expected to grow at a CAGR of 6.7% from 2026 to 2032.

In 2025, global sales of cooling water circulation devices reached 1.2 million units, with an average selling price of US$850 per unit. Cooling water circulation devices are industrial and commercial temperature control equipment that achieves continuous heat transfer from equipment or processes through water pumps and heat exchange systems. They are widely used in machine tool processing, data centers, chemical reactions, medical imaging, and new energy systems. The global total production capacity is approximately 1.5 million units per year, with an average gross profit margin of about 32%. The main upstream raw materials are copper tubes, aluminum fins, and steel, accounting for 45% of the cost, compressors 15%, water pumps 10%, electronic components 8%, refrigerants 5%, and others 17%. Downstream consumption is approximately 40% in industrial manufacturing, 20% in data centers, 15% in chemicals, 10% in medical, 10% in new energy, and 5% in others. Products are supplied to end users through equipment integrators and engineering companies. The future lies in high-efficiency frequency conversion, environmentally friendly refrigerants, modular integration, intelligent remote operation and maintenance, and leasing service models. With increasingly stringent energy conservation and emission reduction policies, the construction of digital infrastructure, and the upgrading of high-end manufacturing, market demand is steadily increasing, and there are significant business opportunities in the field of mid-to-high-end energy-saving and customized systems.

The cooling water circulation system market is currently experiencing steady growth and structural upgrades. Increased demand for manufacturing automation, high-end machine tools, and precision machining is deepening the reliance on stable temperature control and continuous operation for equipment, driving rigid demand for small-to-medium power standard models. Meanwhile, emerging applications such as new energy, battery production lines, and semiconductors are driving the volume of high-precision, high-reliability products, evolving the market from "general-purpose" to "specialized and system-oriented."

From the application perspective, the rapid construction of data centers, energy storage systems, and charging/swapping facilities has become the most rapidly growing segment in recent years, placing demands on cooling water circulation systems for high energy efficiency, 24-hour operation, and intelligent monitoring. This is prompting manufacturers to strengthen their deployment of variable frequency control, redundant design, and remote operation and maintenance capabilities, gradually shifting products from single-unit sales to integrated "equipment + service" solutions.

On the supply side, industry competition is shifting from price-driven to technology and brand-driven. Leading companies are consolidating their advantages through large-scale manufacturing, self-manufacturing of core components, and channel coverage, while small and medium-sized manufacturers are seeking survival through customized solutions for specific scenarios, rapid delivery, and localized services. Overall, the market exhibits a pattern of slow but still relatively fragmented concentration.

Policy and cost factors also profoundly influence market trends. Stricter energy efficiency standards and the replacement of outdated refrigerants with environmentally friendly ones are accelerating the elimination of outdated production capacity, forcing companies to iterate their products. Meanwhile, fluctuations in raw material prices such as copper and aluminum are making companies more focused on supply chain management and cost control; manufacturers with comprehensive manufacturing and procurement capabilities are more resilient to risks.

Overall, the cooling water circulation system market will maintain moderate growth, with core opportunities concentrated in high-efficiency energy saving, intelligent control, modular systems, and supporting areas for new energy and digital infrastructure. Future competition will shift from single-equipment performance to system integration capabilities and full lifecycle service capabilities; companies with technological accumulation and deep industry experience are more likely to continue to benefit.

LP Information, Inc. (LPI) ' newest research report, the “Cooling Water Circulation Device Industry Forecast” looks at past sales and reviews total world Cooling Water Circulation Device sales in 2025, providing a comprehensive analysis by region and market sector of projected Cooling Water Circulation Device sales for 2026 through 2032. With Cooling Water Circulation Device sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cooling Water Circulation Device industry.

This Insight Report provides a comprehensive analysis of the global Cooling Water Circulation Device landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cooling Water Circulation Device portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cooling Water Circulation Device market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cooling Water Circulation Device and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cooling Water Circulation Device.

This report presents a comprehensive overview, market shares, and growth opportunities of Cooling Water Circulation Device market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

Air-cooled Chiller

Water-cooled Chiller

Water-to-water Heat Exchanger

Compressed Air Refrigeration

Semiconductor (Thermoelectric) Refrigeration

Segmentation by System Structure:

Integrated/Box-type

Separate Type

Modular Combination Type

Others

Segmentation by Cooling Capacity Range:

Cooling Capacity Range: 0.1 KW - 5 KW

Cooling Capacity Range: 5 KW - 50 KW

Others

Segmentation by Application:

Electricity

Chemicals

Food

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

LAUDA

ORION MACHINERY CO., LTD.

Infitek

Yamato Scientific Co.,Ltd.

Longhua Technology Group (Luoyang) Company Limited

Panasonic

Ferrotec

LABOAO

HCP PUMP

Better Technology Group Limited

EYELA

PiovanGroup

LabTech

Bohle AG

Key Questions Addressed in this Report

What is the 10-year outlook for the global Cooling Water Circulation Device market?

What factors are driving Cooling Water Circulation Device market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Cooling Water Circulation Device market opportunities vary by end market size?

How does Cooling Water Circulation Device break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

109 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Cooling Water Circulation Device by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Cooling Water Circulation Device by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
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