The future of the global air-cooled condenser market looks promising with opportunities in the energy industry, chemical industry, and engineering and metallurgy markets. The global air-cooled condenser market is expected to reach an estimated $18.5 billion by 2030 with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are greater use of the adaptable, flexible, and effective dry cooling technology as a benchmark in power plant architecture, growing consumer consciousness regarding environmental issues, as well as, government and private businesses are investing more money in research and development.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the air-cooled condenser
market by type (""A"" frame condensers,
""V"" frame condensers, and horizontal condensers),
application (energy industry, chemical industry, engineering and metallurgy,
and others), and region (North America, Europe, Asia Pacific, and the Rest of
the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market, “v”
frame condensers, “a” frame condensers, and horizontal condensers are the major
segments of air-cooled condenser market by type. Lucintel forecasts that
""V"" frame condensers is expected to witness the highest
growth over the forecast period.Within this market, energy industry will remain
the largest segment.
APAC is expected to
witness highest growth over the forecast period due to increasing number of
powerplants in India and China.
Enexio, SPX, Evapco,
Hamon, Holtec, HAC, Shouhang, BLCT, Shuangliang, and Tianrui are the major
suppliers in the air-cooled condenser market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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