Research and Markets has announced the addition of the "Evaporative Condensing Unit Market - Global Forecast To 2026" report to their offering.

The evaporative condensing unit market is projected to reach USD 1.61 billion by 2026, at a CAGR of 7.2% between 2016 and 2026.

Various end-use industries, such as warehouses, food processing, and food service, among others in emerging countries including China, India, Thailand, and Malaysia are expected to register high growth in the future. This will is expected to fuel the growth of the evaporative condensing unit market. Growth of the above mentioned end-use industries can be attributed to the increase in per capita disposable income of consumers and change in consumer lifestyle.

Increasing concerns about the high global warming potential (GWP) of common chlorofluorocarbon (CFC) refrigerants have adversely affected the growth of the evaporative condensing unit market in Europe and North America.

North America was the largest market for evaporative condensing units in 2015, due to a large number of chemical and power plants, and commercial industries in the region. The key growth driver of the market is the rising demand for evaporative condensing units for industrial refrigeration. Growth of construction and general manufacturing industries is also projected to drive the demand for evaporative condensing units in the region.

The Middle East & Africa is projected to grow at the highest CAGR between 2016 and 2026. Saudi Arabia is expected to lead the Middle East & Africa evaporative condensing unit market. High economic growth of Saudi Arabia is significantly contributing to the growth of the evaporative condensing unit market in the region. Egypt is one of the key markets for evaporative condensing units in the Middle East & Africa due to the growth of commercial refrigeration industries, such as cold storage, food processing, and power industries in the country.

Companies Mentioned:

  • Aaon, Inc.
  • Baltimore Aircoil Company, Inc.
  • Daikin Industries, Ltd.
  • Decsa S.R.L.
  • Evapco Inc.
  • Johnson Controls Inc.
  • Mammoth Inc.
  • SPX Corporation
  • Temp Tech Co., Ltd.
  • Técnicas Evaporativas, S.L.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Evaporative Condensing Unit Market, by Design

8 Evaporative Condensing Unit Market, by End-Use Industry

9 Evaporative Condensing Unit Market, by Application

10 Evaporative Condensing Unit Market, by Region

11 Competitive Landscape

12 Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/n469x8/evaporative