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Global Air-cooled Condenser Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Air-cooled Condenser Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Dry Cooler
    • 1.3.3 Wet Cooler
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Air-cooled Condenser Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Power Plant
    • 1.4.3 Chemical Plant
    • 1.4.4 Others
  • 1.5 Global Air-cooled Condenser Market Size & Forecast
    • 1.5.1 Global Air-cooled Condenser Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Air-cooled Condenser Sales Quantity (2020-2031)
    • 1.5.3 Global Air-cooled Condenser Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 SPX Cooling Technologies
    • 2.1.1 SPX Cooling Technologies Details
    • 2.1.2 SPX Cooling Technologies Major Business
    • 2.1.3 SPX Cooling Technologies Air-cooled Condenser Product and Services
    • 2.1.4 SPX Cooling Technologies Air-cooled Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 SPX Cooling Technologies Recent Developments/Updates
  • 2.2 Baltimore Aircoil Company
    • 2.2.1 Baltimore Aircoil Company Details
    • 2.2.2 Baltimore Aircoil Company Major Business
    • 2.2.3 Baltimore Aircoil Company Air-cooled Condenser Product and Services
    • 2.2.4 Baltimore Aircoil Company Air-cooled Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Baltimore Aircoil Company Recent Developments/Updates
  • 2.3 Evapco, Inc.
    • 2.3.1 Evapco, Inc. Details
    • 2.3.2 Evapco, Inc. Major Business
    • 2.3.3 Evapco, Inc. Air-cooled Condenser Product and Services
    • 2.3.4 Evapco, Inc. Air-cooled Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Evapco, Inc. Recent Developments/Updates
  • 2.4 GEA Group
    • 2.4.1 GEA Group Details
    • 2.4.2 GEA Group Major Business
    • 2.4.3 GEA Group Air-cooled Condenser Product and Services
    • 2.4.4 GEA Group Air-cooled Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 GEA Group Recent Developments/Updates
  • 2.5 Alfa Laval
    • 2.5.1 Alfa Laval Details
    • 2.5.2 Alfa Laval Major Business
    • 2.5.3 Alfa Laval Air-cooled Condenser Product and Services
    • 2.5.4 Alfa Laval Air-cooled Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Alfa Laval Recent Developments/Updates
  • 2.6 Johnson Controls International plc
    • 2.6.1 Johnson Controls International plc Details
    • 2.6.2 Johnson Controls International plc Major Business
    • 2.6.3 Johnson Controls International plc Air-cooled Condenser Product and Services
    • 2.6.4 Johnson Controls International plc Air-cooled Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Johnson Controls International plc Recent Developments/Updates
  • 2.7 Shouhang
    • 2.7.1 Shouhang Details
    • 2.7.2 Shouhang Major Business
    • 2.7.3 Shouhang Air-cooled Condenser Product and Services
    • 2.7.4 Shouhang Air-cooled Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Shouhang Recent Developments/Updates
  • 2.8 Güntner Group
    • 2.8.1 Güntner Group Details
    • 2.8.2 Güntner Group Major Business
    • 2.8.3 Güntner Group Air-cooled Condenser Product and Services
    • 2.8.4 Güntner Group Air-cooled Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Güntner Group Recent Developments/Updates
  • 2.9 LU-VE Group
    • 2.9.1 LU-VE Group Details
    • 2.9.2 LU-VE Group Major Business
    • 2.9.3 LU-VE Group Air-cooled Condenser Product and Services
    • 2.9.4 LU-VE Group Air-cooled Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 LU-VE Group Recent Developments/Updates
  • 2.10 Hamon
    • 2.10.1 Hamon Details
    • 2.10.2 Hamon Major Business
    • 2.10.3 Hamon Air-cooled Condenser Product and Services
    • 2.10.4 Hamon Air-cooled Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Hamon Recent Developments/Updates
  • 2.11 Thermal Transfer Products
    • 2.11.1 Thermal Transfer Products Details
    • 2.11.2 Thermal Transfer Products Major Business
    • 2.11.3 Thermal Transfer Products Air-cooled Condenser Product and Services
    • 2.11.4 Thermal Transfer Products Air-cooled Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Thermal Transfer Products Recent Developments/Updates
  • 2.12 Carrier Global Corporation
    • 2.12.1 Carrier Global Corporation Details
    • 2.12.2 Carrier Global Corporation Major Business
    • 2.12.3 Carrier Global Corporation Air-cooled Condenser Product and Services
    • 2.12.4 Carrier Global Corporation Air-cooled Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 Carrier Global Corporation Recent Developments/Updates
  • 2.13 EVAPCO
    • 2.13.1 EVAPCO Details
    • 2.13.2 EVAPCO Major Business
    • 2.13.3 EVAPCO Air-cooled Condenser Product and Services
    • 2.13.4 EVAPCO Air-cooled Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 EVAPCO Recent Developments/Updates
  • 2.14 Enexio
    • 2.14.1 Enexio Details
    • 2.14.2 Enexio Major Business
    • 2.14.3 Enexio Air-cooled Condenser Product and Services
    • 2.14.4 Enexio Air-cooled Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 Enexio Recent Developments/Updates
  • 2.15 Thermax
    • 2.15.1 Thermax Details
    • 2.15.2 Thermax Major Business
    • 2.15.3 Thermax Air-cooled Condenser Product and Services
    • 2.15.4 Thermax Air-cooled Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.15.5 Thermax Recent Developments/Updates
  • 2.16 Shuangliang
    • 2.16.1 Shuangliang Details
    • 2.16.2 Shuangliang Major Business
    • 2.16.3 Shuangliang Air-cooled Condenser Product and Services
    • 2.16.4 Shuangliang Air-cooled Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.16.5 Shuangliang Recent Developments/Updates
  • 2.17 Paharpur
    • 2.17.1 Paharpur Details
    • 2.17.2 Paharpur Major Business
    • 2.17.3 Paharpur Air-cooled Condenser Product and Services
    • 2.17.4 Paharpur Air-cooled Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.17.5 Paharpur Recent Developments/Updates
  • 2.18 HAC
    • 2.18.1 HAC Details
    • 2.18.2 HAC Major Business
    • 2.18.3 HAC Air-cooled Condenser Product and Services
    • 2.18.4 HAC Air-cooled Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.18.5 HAC Recent Developments/Updates
  • 2.19 Holtec
    • 2.19.1 Holtec Details
    • 2.19.2 Holtec Major Business
    • 2.19.3 Holtec Air-cooled Condenser Product and Services
    • 2.19.4 Holtec Air-cooled Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.19.5 Holtec Recent Developments/Updates
  • 2.20 Kelvion
    • 2.20.1 Kelvion Details
    • 2.20.2 Kelvion Major Business
    • 2.20.3 Kelvion Air-cooled Condenser Product and Services
    • 2.20.4 Kelvion Air-cooled Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.20.5 Kelvion Recent Developments/Updates

3 Competitive Environment: Air-cooled Condenser by Manufacturer

  • 3.1 Global Air-cooled Condenser Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Air-cooled Condenser Revenue by Manufacturer (2020-2025)
  • 3.3 Global Air-cooled Condenser Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Air-cooled Condenser by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Air-cooled Condenser Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Air-cooled Condenser Manufacturer Market Share in 2024
  • 3.5 Air-cooled Condenser Market: Overall Company Footprint Analysis
    • 3.5.1 Air-cooled Condenser Market: Region Footprint
    • 3.5.2 Air-cooled Condenser Market: Company Product Type Footprint
    • 3.5.3 Air-cooled Condenser Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Air-cooled Condenser Market Size by Region
    • 4.1.1 Global Air-cooled Condenser Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Air-cooled Condenser Consumption Value by Region (2020-2031)
    • 4.1.3 Global Air-cooled Condenser Average Price by Region (2020-2031)
  • 4.2 North America Air-cooled Condenser Consumption Value (2020-2031)
  • 4.3 Europe Air-cooled Condenser Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Air-cooled Condenser Consumption Value (2020-2031)
  • 4.5 South America Air-cooled Condenser Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Air-cooled Condenser Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Air-cooled Condenser Sales Quantity by Type (2020-2031)
  • 5.2 Global Air-cooled Condenser Consumption Value by Type (2020-2031)
  • 5.3 Global Air-cooled Condenser Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Air-cooled Condenser Sales Quantity by Application (2020-2031)
  • 6.2 Global Air-cooled Condenser Consumption Value by Application (2020-2031)
  • 6.3 Global Air-cooled Condenser Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Air-cooled Condenser Sales Quantity by Type (2020-2031)
  • 7.2 North America Air-cooled Condenser Sales Quantity by Application (2020-2031)
  • 7.3 North America Air-cooled Condenser Market Size by Country
    • 7.3.1 North America Air-cooled Condenser Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Air-cooled Condenser Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Air-cooled Condenser Sales Quantity by Type (2020-2031)
  • 8.2 Europe Air-cooled Condenser Sales Quantity by Application (2020-2031)
  • 8.3 Europe Air-cooled Condenser Market Size by Country
    • 8.3.1 Europe Air-cooled Condenser Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Air-cooled Condenser Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Air-cooled Condenser Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Air-cooled Condenser Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Air-cooled Condenser Market Size by Region
    • 9.3.1 Asia-Pacific Air-cooled Condenser Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Air-cooled Condenser Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Air-cooled Condenser Sales Quantity by Type (2020-2031)
  • 10.2 South America Air-cooled Condenser Sales Quantity by Application (2020-2031)
  • 10.3 South America Air-cooled Condenser Market Size by Country
    • 10.3.1 South America Air-cooled Condenser Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Air-cooled Condenser Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Air-cooled Condenser Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Air-cooled Condenser Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Air-cooled Condenser Market Size by Country
    • 11.3.1 Middle East & Africa Air-cooled Condenser Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Air-cooled Condenser Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Air-cooled Condenser Market Drivers
  • 12.2 Air-cooled Condenser Market Restraints
  • 12.3 Air-cooled Condenser Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Air-cooled Condenser and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Air-cooled Condenser
  • 13.3 Air-cooled Condenser Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Air-cooled Condenser Typical Distributors
  • 14.3 Air-cooled Condenser Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Air-cooled Condenser market size was valued at US$ 1162 million in 2024 and is forecast to a readjusted size of USD 1596 million by 2031 with a CAGR of 3.7% during review period.
    In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
    Air-cooled condenser is a heat exchange device that uses air in the environment to cool high-temperature gases and convert them into liquid or solid. It is usually used in steam turbines, air conditioning systems, refrigeration devices and other fields.
    Analysis of market drivers
    1. Water shortage and environmental policy promotion
    Global water shortage: Air-cooled condensers do not require water and have become the first choice for water-scarce areas (such as the Middle East and parts of Africa), which is in line with the water-saving policy orientation. Environmental regulations are becoming stricter: Countries have tightened restrictions on industrial water discharge, prompting companies to turn to waterless cooling technology.
    2. Increased demand for energy efficiency and emission reduction
    Energy-saving and emission reduction goals: The demand for high-efficiency equipment in the industrial field has increased, driving the upgrading of condenser technology (such as optimizing tube bundle layout and using new fin materials). Impact of the carbon trading market: In order to reduce carbon emission costs, high-energy-consuming industries (such as electricity and chemicals) give priority to using more energy-efficient air cooling equipment.
    3. Accelerated industrialization in emerging markets
    Demand growth in Asia-Pacific and Latin America: With the acceleration of industrialization in India, Southeast Asia, Brazil and other regions, investment in industries such as electricity and chemicals has increased, driving the demand for condensers. Infrastructure expansion: The demand for high-efficiency cooling equipment in large projects such as power plants and petrochemical bases continues to rise.
    4. Technological progress and cost optimization
    Breakthrough in materials science: The application of corrosion-resistant alloys and high thermal conductivity materials improves product performance and extends service life. Manufacturing process innovation: 3D printing fins, modular design and other technologies reduce production costs and improve production efficiency.
    5. Industry standardization and certification promotion
    International standard unification: The promotion of standards such as ASME and API promotes product standardization and enhances market trust. Improved certification system: For example, Energy Star certification helps high-efficiency products enter the international market.
    6. Maintenance cost advantage highlights
    Long-term economic efficiency: Compared with water-cooled condensers, air-cooled equipment does not need to deal with scale and corrosion problems, and maintenance costs are reduced by about 30%-50%. Operation stability: Better performance in harsh environments (such as high salinity and highly polluted areas) and reduced downtime risks.
    This report is a detailed and comprehensive analysis for global Air-cooled Condenser market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
    Key Features:
    Global Air-cooled Condenser market size and forecasts, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2020-2031
    Global Air-cooled Condenser market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2020-2031
    Global Air-cooled Condenser market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2020-2031
    Global Air-cooled Condenser market shares of main players, shipments in revenue ($ Million), sales quantity (MW), and ASP (US$/KW), 2020-2025
    The Primary Objectives in This Report Are:
    To determine the size of the total market opportunity of global and key countries
    To assess the growth potential for Air-cooled Condenser
    To forecast future growth in each product and end-use market
    To assess competitive factors affecting the marketplace
    This report profiles key players in the global Air-cooled Condenser market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SPX Cooling Technologies, Baltimore Aircoil Company, Evapco, Inc., GEA Group, Alfa Laval, Johnson Controls International plc, Shouhang, Güntner Group, LU-VE Group, Hamon, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market Segmentation
    Air-cooled Condenser market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
    Market segment by Type
    Dry Cooler
    Wet Cooler
    Market segment by Application
    Power Plant
    Chemical Plant
    Others
    Major players covered
    SPX Cooling Technologies
    Baltimore Aircoil Company
    Evapco, Inc.
    GEA Group
    Alfa Laval
    Johnson Controls International plc
    Shouhang
    Güntner Group
    LU-VE Group
    Hamon
    Thermal Transfer Products
    Carrier Global Corporation
    EVAPCO
    Enexio
    Thermax
    Shuangliang
    Paharpur
    HAC
    Holtec
    Kelvion
    Market segment by region, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe Air-cooled Condenser product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Air-cooled Condenser, with price, sales quantity, revenue, and global market share of Air-cooled Condenser from 2020 to 2025.
    Chapter 3, the Air-cooled Condenser competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Air-cooled Condenser breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
    Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Air-cooled Condenser market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
    Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
    Chapter 13, the key raw materials and key suppliers, and industry chain of Air-cooled Condenser.
    Chapter 14 and 15, to describe Air-cooled Condenser sales channel, distributors, customers, research findings and conclusion.

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