Asia Pacific Industrial Cooling Systems Market Size, Share & Industry Trends Analysis Report By End-user, By Function (Stationary Cooling, and Transport Cooling), By Product Type, By Country and Growth Forecast, 2023 - 2030

The Asia Pacific Industrial Cooling Systems Market would witness market growth of 6.0% CAGR during the forecast period (2023-2030).

The downstream, upstream, and mid-stream parts of the oil and gas business all function separately. The upstream segment deals with exploration, the midstream segment is concerned with moving crude oil and gas from extraction to refineries, and the downstream segment transforms crude oil and gas into goods like jet fuel, gasoline, and asphalt.

Additionally, manufacturers provide custom systems and products that satisfy the distinct requirements of many industries, such as specialized heat dissipation capabilities, temperature ranges, and scalability choices. Businesses may get the best cooling performance and effectiveness in their unique processes through customization. Modular and scalable cooling solutions that provide adaptability and flexibility are preferred by businesses.

To cut operating expenses and lessen their environmental impact, businesses are looking for energy-efficient cooling solutions more frequently. Manufacturers are creating cutting-edge technology to maximize the energy efficiency of cooling systems, including variable speed motors, intelligent controls, and improved refrigerants. Internet of Things (IoT)-enabled sensors, as well as monitoring systems, offer real-time data on the functioning of cooling equipment, enabling organizations to optimize operations, spot possible problems, and put predictive maintenance techniques in place. Improved productivity and decreased downtime are made possible by the increasing use of remote monitoring and control capabilities.

The demand for trustworthy cooling systems is anticipated to rise due to the flourishing food and beverage industries in well-known Asian nations like India, Japan, China, South Korea, and Indonesia. Modern cooling techniques are becoming more popular due to increased internet food demand, cost-effectiveness, and quality standards. Additionally, this region has a proliferating pharmaceutical sector. The third-largest pharmaceutical sector in the world is in Japan. The healthcare sector has been highlighted by the Government of Japan ("GOJ") as a key growth driver since 2013 as part of the nation's strategy for economic revival and expansion. Hence, the expanding pharmaceutical industry in the region will provide the market with immense growth opportunities.

The China market dominated the Asia Pacific Industrial Cooling Systems Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,614.5 million by 2030. The Japan market is registering a CAGR of 5.3% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 6.6% during (2023 - 2030).

Based on End-user, the market is segmented into Chemical, Oil & Gas, Utility & Power, Pharmaceuticals, Food & Beverage, and Others. Based on Function, the market is segmented into Stationary Cooling, and Transport Cooling. Based on Product Type, the market is segmented into Evaporative Cooling, Air Cooling, Water Cooling, and Hybrid Cooling. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Industrial Cooling Systems Market is Projected to reach USD 23.4 Billion by 2030, at a CAGR of 5.6%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Airedale International Air Conditioning Ltd. (Modine Manufacturing Company), Emerson Electric Co., GEA Group AG, Johnson Controls International PLC, Schneider Electric SE, SPX Technologies, Inc., Baltimore Aircoil Company, Inc. (Amsted Industries), Brentwood Industries, Inc., Star Cooling Tower Pvt Ltd. and Rittal GmbH & Co. KG (Friedhelm Loh Stiftung & Co. KG).

Scope of the Study

Market Segments Covered in the Report:

By End-user

• Chemical
• Oil & Gas
• Utility & Power
• Pharmaceuticals
• Food & Beverage
• Others

By Function

• Stationary Cooling
• Transport Cooling

By Product Type

• Evaporative Cooling
• Air Cooling
• Water Cooling
• Hybrid Cooling

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

• Airedale International Air Conditioning Ltd. (Modine Manufacturing Company)
• Emerson Electric Co.
• GEA Group AG
• Johnson Controls International PLC
• Schneider Electric SE
• SPX Technologies, Inc.
• Baltimore Aircoil Company, Inc. (Amsted Industries)
• Brentwood Industries, Inc.
• Star Cooling Tower Pvt Ltd.
• Rittal GmbH & Co. KG (Friedhelm Loh Stiftung & Co. KG)

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Industrial Cooling Systems Market, by End-user
1.4.2 Asia Pacific Industrial Cooling Systems Market, by Function
1.4.3 Asia Pacific Industrial Cooling Systems Market, by Product Type
1.4.4 Asia Pacific Industrial Cooling Systems Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints

Chapter 4. Competition Analysis - Global
4.1 Market Share Analysis, 2022
4.2 Porter’s Five Forces Analysis

Chapter 5. Strategies Deployed in Industrial Cooling Systems Market

Chapter 6. Asia Pacific Industrial Cooling Systems Market by End-user
6.1 Asia Pacific Chemical Market by Country
6.2 Asia Pacific Oil & Gas Market by Country
6.3 Asia Pacific Utility & Power Market by Country
6.4 Asia Pacific Pharmaceuticals Market by Country
6.5 Asia Pacific Food & Beverage Market by Country
6.6 Asia Pacific Others Market by Country

Chapter 7. Asia Pacific Industrial Cooling Systems Market by Function
7.1 Asia Pacific Stationary Cooling Market by Country
7.2 Asia Pacific Transport Cooling Market by Country

Chapter 8. Asia Pacific Industrial Cooling Systems Market by Product Type
8.1 Asia Pacific Evaporative Cooling Market by Country
8.2 Asia Pacific Air Cooling Market by Country
8.3 Asia Pacific Water Cooling Market by Country
8.4 Asia Pacific Hybrid Cooling Market by Country

Chapter 9. Asia Pacific Industrial Cooling Systems Market by Country
9.1 China Industrial Cooling Systems Market
9.1.1 China Industrial Cooling Systems Market by End-user
9.1.2 China Industrial Cooling Systems Market by Function
9.1.3 China Industrial Cooling Systems Market by Product Type
9.2 Japan Industrial Cooling Systems Market
9.2.1 Japan Industrial Cooling Systems Market by End-user
9.2.2 Japan Industrial Cooling Systems Market by Function
9.2.3 Japan Industrial Cooling Systems Market by Product Type
9.3 India Industrial Cooling Systems Market
9.3.1 India Industrial Cooling Systems Market by End-user
9.3.2 India Industrial Cooling Systems Market by Function
9.3.3 India Industrial Cooling Systems Market by Product Type
9.4 South Korea Industrial Cooling Systems Market
9.4.1 South Korea Industrial Cooling Systems Market by End-user
9.4.2 South Korea Industrial Cooling Systems Market by Function
9.4.3 South Korea Industrial Cooling Systems Market by Product Type
9.5 Singapore Industrial Cooling Systems Market
9.5.1 Singapore Industrial Cooling Systems Market by End-user
9.5.2 Singapore Industrial Cooling Systems Market by Function
9.5.3 Singapore Industrial Cooling Systems Market by Product Type
9.6 Malaysia Industrial Cooling Systems Market
9.6.1 Malaysia Industrial Cooling Systems Market by End-user
9.6.2 Malaysia Industrial Cooling Systems Market by Function
9.6.3 Malaysia Industrial Cooling Systems Market by Product Type
9.7 Rest of Asia Pacific Industrial Cooling Systems Market
9.7.1 Rest of Asia Pacific Industrial Cooling Systems Market by End-user
9.7.2 Rest of Asia Pacific Industrial Cooling Systems Market by Function
9.7.3 Rest of Asia Pacific Industrial Cooling Systems Market by Product Type

Chapter 10. Company Profiles
10.1 Airedale International Air Conditioning Ltd. (Modine Manufacturing Company)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Product Launches and Product Expansions:
10.1.6 SWOT Analysis
10.2 Emerson Electric Co.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Product Launches and Product Expansions:
10.2.6 SWOT Analysis
10.3 GEA Group AG
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 SWOT Analysis
10.4 Johnson Controls International PLC
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental & Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 Schneider Electric SE
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.6 SWOT Analysis
10.6 SPX Technologies, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Acquisition and Mergers:
10.6.6 SWOT Analysis
10.7 Baltimore Aircoil Company, Inc. (Amsted Industries)
10.7.1 Company Overview
10.7.2 Recent strategies and developments:
10.7.2.1 Acquisition and Mergers:
10.7.3 SWOT Analysis
10.8 Brentwood Industries, Inc.
10.8.1 Company Overview
10.8.2 SWOT Analysis
10.9 Star Cooling Tower Pvt Ltd.
10.9.1 Company Overview
10.9.2 SWOT Analysis
10.10. Rittal GmbH & Co. KG (Friedhelm Loh Stiftung & Co. KG)
10.10.1 Company Overview
10.10.2 SWOT Analysis

TABLE 1 Asia Pacific Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 5 Asia Pacific Chemical Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Chemical Market by Country, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Oil & Gas Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Oil & Gas Market by Country, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Utility & Power Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Utility & Power Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Pharmaceuticals Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Pharmaceuticals Market by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Food & Beverage Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Food & Beverage Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 17 Asia Pacific Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Stationary Cooling Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Stationary Cooling Market by Country, 2023 - 2030, USD Million
TABLE 21 Asia Pacific Transport Cooling Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Transport Cooling Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 25 Asia Pacific Evaporative Cooling Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Evaporative Cooling Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Air Cooling Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Air Cooling Market by Country, 2023 - 2030, USD Million
TABLE 29 Asia Pacific Water Cooling Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Water Cooling Market by Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Hybrid Cooling Market by Country, 2019 - 2022, USD Million
TABLE 32 Asia Pacific Hybrid Cooling Market by Country, 2023 - 2030, USD Million
TABLE 33 Asia Pacific Industrial Cooling Systems Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Industrial Cooling Systems Market by Country, 2023 - 2030, USD Million
TABLE 35 China Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 36 China Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 37 China Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 38 China Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 39 China Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 40 China Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 41 China Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 42 China Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 43 Japan Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 44 Japan Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 45 Japan Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 46 Japan Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 47 Japan Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 48 Japan Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 49 Japan Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 50 Japan Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 51 India Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 52 India Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 53 India Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 54 India Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 55 India Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 56 India Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 57 India Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 58 India Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 59 South Korea Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 60 South Korea Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 61 South Korea Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 62 South Korea Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 63 South Korea Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 64 South Korea Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 65 South Korea Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 66 South Korea Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 67 Singapore Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 68 Singapore Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 69 Singapore Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 70 Singapore Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 71 Singapore Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 72 Singapore Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 73 Singapore Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 74 Singapore Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 75 Malaysia Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 76 Malaysia Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 77 Malaysia Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 78 Malaysia Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 79 Malaysia Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 80 Malaysia Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 81 Malaysia Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 82 Malaysia Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 83 Rest of Asia Pacific Industrial Cooling Systems Market, 2019 - 2022, USD Million
TABLE 84 Rest of Asia Pacific Industrial Cooling Systems Market, 2023 - 2030, USD Million
TABLE 85 Rest of Asia Pacific Industrial Cooling Systems Market by End-user, 2019 - 2022, USD Million
TABLE 86 Rest of Asia Pacific Industrial Cooling Systems Market by End-user, 2023 - 2030, USD Million
TABLE 87 Rest of Asia Pacific Industrial Cooling Systems Market by Function, 2019 - 2022, USD Million
TABLE 88 Rest of Asia Pacific Industrial Cooling Systems Market by Function, 2023 - 2030, USD Million
TABLE 89 Rest of Asia Pacific Industrial Cooling Systems Market by Product Type, 2019 - 2022, USD Million
TABLE 90 Rest of Asia Pacific Industrial Cooling Systems Market by Product Type, 2023 - 2030, USD Million
TABLE 91 Key Information – Airedale International Air Conditioning Ltd.
TABLE 92 Key Information – Emerson Electric Co.
TABLE 93 Key Information – GEA Group AG
TABLE 94 Key Information – Johnson Controls International PLC
TABLE 95 Key information – Schneider Electric SE
TABLE 96 Key Information – SPX Technologies, Inc.
TABLE 97 Key Information – Baltimore Aircoil Company, Inc.
TABLE 98 Key Information – Brentwood Industries, Inc.
TABLE 99 Key Information – Star Cooling Tower Pvt Ltd.
TABLE 100 Key Information – Rittal GmbH & Co. KG

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Industrial Cooling Systems Market, 2019 - 2030, USD Million
FIG 3 Key Impacting Factors industrial cooling systems market
FIG 4 Market Share Analysis, 2022
FIG 5 Porter’s Five Forces Analysis – Industrial Cooling Systems Market
FIG 6 Asia Pacific Industrial Cooling Systems Market share by End-user, 2022
FIG 7 Asia Pacific Industrial Cooling Systems Market share by End-user, 2030
FIG 8 Asia Pacific Industrial Cooling Systems Market by End-user, 2019 - 2030, USD Million
FIG 9 Asia Pacific Industrial Cooling Systems Market share by Function, 2022
FIG 10 Asia Pacific Industrial Cooling Systems Market share by Function, 2030
FIG 11 Asia Pacific Industrial Cooling Systems Market by Function, 2019 - 2030, USD Million
FIG 12 Asia Pacific Industrial Cooling Systems Market share by Product Type, 2022
FIG 13 Asia Pacific Industrial Cooling Systems Market share by Product Type, 2030
FIG 14 Asia Pacific Industrial Cooling Systems Market by Product Type, 2019 - 2030, USD Million
FIG 15 Asia Pacific Industrial Cooling Systems Market share by Country, 2022
FIG 16 Asia Pacific Industrial Cooling Systems Market share by Country, 2030
FIG 17 Asia Pacific Industrial Cooling Systems Market by Country, 2019 - 2030, USD Million
FIG 18 Swot analysis: Airedale International Air Conditioning Ltd.
FIG 19 Swot analysis: Emerson Electric CO.
FIG 20 Swot analysis: GEA Group AG
FIG 21 Swot analysis: Johnson Controls International PLC
FIG 22 SWOT Analysis: Schneider Electric SE
FIG 23 Swot analysis: SPX Technologies, Inc.
FIG 24 Swot analysis: Baltimore Aircoil Company, Inc.
FIG 25 Swot analysis: Brentwood Industries, Inc.
FIG 26 Swot analysis: Star Cooling Tower Pvt Ltd
FIG 27 Swot analysis: Rittal GmbH & Co. KG