How big is the NA Evaporative Cooling Market?

The NA Evaporative Cooling Market size is expected to reach USD 1.76 billion in 2024 and grow at a CAGR of 5.38% to reach USD 2.29 billion by 2029. Read More

What is the current NA Evaporative Cooling Market size?

In 2024, the NA Evaporative Cooling Market size is expected to reach USD 1.76 billion. Read More

Who are the key players in NA Evaporative Cooling Market?

Condair Group AG, Munters Group AB, Colt Group, Phoenix Manufacturing Inc. and Baltimore Aircoil Company Inc. (BAC) are the major companies operating in the NA Evaporative Cooling Market. Read More

What years does this NA Evaporative Cooling Market cover, and what was the market size in 2023?

In 2023, the NA Evaporative Cooling Market size was estimated at USD 1.67 billion. The report covers the NA Evaporative Cooling Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the NA Evaporative Cooling Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

North America Evaporative Cooling Market

North America Evaporative Cooling Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The North America Evaporative Cooling Market is Segmented By Type of Cooling (Direct, Indirect, and Two-stage) and By Application (Residential, Industrial, Commercial, Confinement Farming, and Other Applications), By Country (United States, and Canada). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

North America Evaporative Cooling Industry Overview

The North American evaporative cooling market is semi-consolidated. The market is competitive and consists of various major global players. Based on market share, few of the major players currently dominate the market. These significant players with prominent shares in the market are focusing on expanding their customer base across foreign countries. These companies leverage strategic collaborative initiatives to maximize their market share and increase profitability.

November 2023: Metso announced the launch of its enhanced evaporative cooling tower. This innovative solution efficiently cools hot furnace off-gases through evaporation. The tower, typically used in conjunction with a hot electrostatic precipitator or bag filter, effectively lowers the gas temperature from approximately 600-700°C to about 200-350°C. It is important to note that the tower operates dryly, meaning all added water evaporates. The rapid evaporation of small droplets in the tower significantly reduces the required retention time and length, ensuring complete evaporation.
March 2023: Air2O, a Phoenix-based manufacturer of evaporated cooling systems, has received a generous investment of USD 14.1 million from EREN Groupe. This investment will be utilized to enhance our supply chain logistics, operations, and workforce. We are proud to announce that our innovative solutions have proven to achieve a PUE of lower than 1.1 in Data Centers. Furthermore, we have successfully developed and patented intelligent control systems that adapt to changing external and internal climate conditions across various applications.