Gitnux/Report 2026

Cooling Tower Industry Statistics

Cooling towers emitted 120 million tons of CO2e in 2023 from power-plant energy use—see which sectors and technologies drive it.
256Statistics
109Sources
12Sections
1Visuals
45mRead
November 11, 2026Updated
Cooling Tower Industry Statistics
Elena VasquezWritten by Elena Vasquez·Edited by Min-ji Park·Fact-checked by Rebecca Hargrove
Published ·Updated
How this report is researched
01Editorial Scope

An editor sets the topic, the inclusion criteria, and the evaluation framework before research starts.

02Source Research

AI search agents locate sources and extract each figure together with the document it came from.

Read our full methodology →

Search agents attach provenance to every extracted figure.

Next review: within 31 days

01 Industry overview

The cooling tower industry at a glance

The global cooling tower market was valued at $4.12 billion in 2025 and is projected to reach $7.31 billion by 2035, as industrial cooling, data centers and stricter water-safety requirements support demand.

$4.12B[95]
Global market size, 2025
5.9%[95]
Forecast CAGR, 2026–2035
66.4%[26]
Evaporative systems share, 2025
$750.0M[96]
U.S. market revenue, 2024
Market size
The global cooling tower market was valued at $4.12 billion in 2025 and is expected to reach $4.36 billion in 2026. A separate estimate placed the 2025 market at $4.5 billion, reflecting differences in market scope and methodology.[95][27]
Forecast & CAGR
Global market revenue is projected to grow at a 5.9% CAGR from 2026 to 2035, reaching $7.31 billion. Another forecast estimates a 6.5% CAGR from 2026 to 2033 and a $7.5 billion market by 2033.[95][27]
Market share & regions
North America was identified as the largest regional market in 2025, while the Middle East and Africa were described as the fastest-growing region. In 2024, North America generated $968.9 million in revenue, compared with $750.0 million for the United States alone.[95][96]
Segmentation
Evaporative systems accounted for 66.4% of the global cooling tower market in 2025. Hybrid wet-dry systems are forecast to be the fastest-growing tower-type segment, with an estimated 8.34% CAGR.[26]
Key players & concentration
Baltimore Aircoil Company led the market with more than 9.5% share in 2025. The five leading companies—Baltimore Aircoil Company, EVAPCO, SPX Cooling Technologies, Johnson Controls and Enexio—collectively held 33.5%.[95]
Trends, drivers & challenges
Demand is supported by industrial production, power generation, HVAC replacement, data-center construction and facility modernization. Key challenges include water consumption, scaling, corrosion, biofilm formation and the need to control Legionella in systems operating at approximately 20–50°C.[95][87][97]
Consumer behavior & competition
Purchasing decisions are primarily made by industrial operators, utilities, building owners, engineering contractors and data-center developers rather than household consumers. Competition is fragmented: the five largest suppliers held 33.5% of the global market in 2025, leaving substantial share for regional manufacturers and service providers.[95]
Regulation
Cooling-tower regulation is increasingly focused on Legionella prevention, water treatment, inspection and recordkeeping. New York City rules effective May 8, 2026 require operating cooling towers to be tested for Legionella every 31 days, three times more frequently than the previous requirement.[86]
Latest news
The most significant recent regulatory development is New York City's May 2026 requirement for monthly Legionella testing of operating cooling towers. The change follows continued public-health attention to cooling-tower-associated outbreaks and raises compliance demand for testing, water treatment and maintenance services.[86][87]

02 Ranking

Top 9 Companies in the Cooling Tower Industry

The leading companies in the cooling tower industry, ranked on market impact, performance, momentum, innovation and brand popularity.

Updated November 11, 2026 · Next review December 11, 2026

Verdict

EVAPCO leads Gitnux's 2026 cooling tower ranking with an Overall score of 9.5, with 28 factories in 11 countries in its global manufacturing footprint in 2025. ENEXIO is the highest-ranked cooling engineering and services provider at 8.7, with power-plant and process cooling engineering, manufacturing and service.

Ranked by Overall score · How we score ↓

Editor's top 3 picks

Where to start, by need.

  1. #1 Overall · Leader in cooling tower manufacturing

    EVAPCO

    US

    Ranked #1 · 9.5 · Cooling tower manufacturing

    Why we picked it: It supplies factory-assembled and field-erected cooling towers through a 28-factory footprint.

    See in ranking ↓Visit evapco.com ↗

  2. Leader in cooling tower engineering & services

    ENEXIO

    DE

    Ranked #2 · 8.7 · Cooling tower engineering & services

    Why we picked it: It serves power-plant and industrial wet and dry cooling with engineering, manufacturing and service.

    See in ranking ↓Visit enexio.com ↗

  3. #3 overall

    Baltimore Aircoil Company

    US

    Ranked #3 · 8.5 · Cooling tower manufacturing

    Why we picked it: It is tied to the market’s largest share, supporting evaporative and closed-circuit heat rejection.

    See in ranking ↓Visit baltimoreaircoil.com ↗

Pick 1 is the #1 company overall. Pick 2 is the highest-ranked company in the top 5 that adds a new segment; no further segment places in the top 5, so pick 3 follows rank.

Full ranking

Sort by
Top 9 companies in the cooling tower industry, 2026 – Gitnux ranking
#CompanyOverall ↓Company snapshot
1

EVAPCO

Cooling tower manufacturing · US

9.5
2

ENEXIO

Cooling tower engineering & services · DE

8.7
3

Baltimore Aircoil Company

Cooling tower manufacturing · US

8.5
4

Thermax

Cooling tower manufacturing · IN

8.3
5

Paharpur Cooling Towers

Cooling tower manufacturing · IN

8.1
6

Delta Cooling Towers

Engineered plastic cooling towers · US

8.1
7

MITA Group

Cooling towers and evaporative condensers · IT

8.0
8

Liang Chi Industry

FRP and industrial cooling towers · TW

8.0
9

Brentwood Industries

Cooling-tower fills and components · US

7.5

How we score

  • Impact (30%): scale and weight in the market (revenue, market share, employees, market position).

Popularity (brand search demand, 15%) counts toward Overall but is not published as a column. Overall leaves out what is not known.

Scale Scores are shown on a 7–10 scale with one decimal; bars start at 7.0.

Cadence Recalculated when new figures are published; next review December 11, 2026.

Independence. Rankings are editorially independent. Scores, ranks, picks and the verdict follow the method above; no company can pay to change them.

Cite this ranking

APA

Elena Vasquez. (2026, February 13). Top 9 companies in the cooling tower industry. In Cooling Tower Industry Statistics. Gitnux. https://gitnux.org/cooling-tower-industry-statistics/#top-companies

report visual · Comparison

Estimated data center cooling tower market share by company

Others holds the largest share at 38%.

Others38%
SPX Technologies22%
Ebara20%
Kelvion20%
source-verifiedd28lcup14p4e72.cloudfront.net

04 Statistics

Technology & Innovation

Power and utilities show broad digital investment in 2026 alongside survey evidence of adoption friction. For cooling-tower operators, this shapes integration and configuration decisions alongside automation and monitoring.

Digital Transformation in the utilities and renewable energy sector (sector benchmark)

  • 73% of power and utilities companies said their organizational culture impeded digital-technology adoption in a global survey conducted in late 2024.[1]
  • 84% of energy and utilities organizations were investing in digital modernization in 2026, while 20% had begun reorganizing engineering operations.[2]
  • 100% of utilities globally had initiated digital transformation, while 20% had completed it, according to a global survey conducted in 2024.[3]
  • 92% of energy companies planned digital technology investments, while 27% were retraining and reskilling existing employees, according to a 2024 survey.[1]

Technology Adoption in the utilities and renewable energy sector (sector benchmark)

  • 79% of power and utilities organizations were using cyber-threat monitoring and intelligence platforms covering IT and operational technology in 2024.[1]
  • 73% of power and utilities organizations were using artificial intelligence, generative AI or machine learning in 2024, based on a global industry survey.[1]
  • 62% of power and utilities organizations were using robotic process automation in 2024, according to a global survey of industry executives and employees.[1]
  • 78% of power and utilities organizations were using advanced analytics in 2024, according to EY’s global Future of Energy Survey.[1]

Cloud Computing in the utilities and renewable energy sector (sector benchmark)

  • 79% of power and utilities organizations were using cloud computing in 2024, according to a global EY survey.[1]
  • 41% of energy companies allowed any department head or IT manager to deploy new cloud infrastructure, software or applications in an Infosys study.[4]
  • 63% of power and utilities organizations were using cloud computing while developing improvements or new applications in 2024.[1]
  • 45% of energy companies used only the cloud capacity and functions they had committed to, according to an Infosys industry study published in 2024.[4]
  • 32% of power and utilities organizations using cloud computing planned improvements or new uses during the following five years in 2024.[1]

Big Data in the utilities and renewable energy sector (sector benchmark)

  • 25% of utilities reported extensive use of analytics for business intelligence and billing or revenue analysis in a survey of 190 organizations.[5]
  • 20% of electric utilities had already implemented big-data analytics, while 32% were implementing it, in a survey covering 10 countries.[6]
  • 86% of utilities used advanced-metering-infrastructure data enterprise-wide or in specific workflows in 2026, according to a global utility executive survey.[7]
  • 41% of utilities said advanced-metering-infrastructure data was fully embedded and scalable across daily workflows in 2026.[7]
  • 78% of power and utilities organizations were using advanced analytics in 2024, a sector-specific proxy for big-data adoption in EY’s global survey.[1]

IoT in the utilities and renewable energy sector (sector benchmark)

  • 33% of utilities respondents had deployed IoT projects for vehicle tracking in 2024, according to Viasat’s industry survey.[8]
  • 55% of utilities respondents had a formal IoT strategy in 2024, up from 48% in 2021, according to Viasat’s global sector survey.[8]
  • 75% of power and utilities organizations were using Internet of Things technologies in 2024, according to a global EY survey.[1]
  • 34% of utilities respondents had deployed IoT projects for energy generation in 2024, the highest deployment category in Viasat’s survey.[8]
  • 80% of power and utilities organizations surveyed were IoT adopters, and 75% had at least one project reaching the use stage.[9]

Innovation in the cooling tower industry

  • 10 software copyrights are held by LANXUN for cooling-tower technologies; China, 2026.[10]
  • 250+ global patents cover SPX Cooling Technologies’ process-cooling, industrial, refrigeration and HVAC markets; global, 2026.[11]
  • 15 cooling-tower patents were authored by Composite Cooling Solutions executives and engineers; United States, 2026.[12]
  • 145 U.S. patents were granted to SPX Cooling Technologies and its subsidiaries for cooling-tower designs and components; United States, 2025.[13]
  • 45 national, industry and association standards have been participated in by LANXUN; China, 2026.[10]
  • More than 100 patents resulted from Baltimore Aircoil Company’s cooling-tower research and development program; global, 2000.[14]

05 Statistics

Data & Analytics

Cooling-tower analytics references move from dashboards to decision-support, including 15-minute fan-operation recommendations and KPI sets such as temperature, flow, level, and analytical information.

Business intelligence in the cooling tower industry

  • 2 monitored rotating-equipment domains in Emerson’s application are fan health and pump health.[15]
  • 1 cooling-tower data-analytics module in a German manufacturing case used historical data to predict system behavior.[16]
  • 1 real-time dashboard is provided by Emerson’s Plantweb Insight cooling-tower application for asset health, alerts and operating trends.[15]
  • 3 cooling-tower dashboard KPI views in Johnson Controls’ asset manager cover faults, efficiency versus wet-bulb temperature and operating trends.[17]
  • 1 decision-support environment in a 2026 cooling-tower case integrated real-time monitoring, historical-data analysis and AI-generated operating suggestions.[18]
  • 4 core cooling-tower data categories used by Emerson are temperature, flow, level and analytical information.[15]

Data analytics in the cooling tower industry

  • 15-minute intervals were used for AI-based fan-operation recommendations in a 2026 cooling-tower decision-support system.[18]
  • 27% was the modeled energy-demand reduction identified through cooling-tower simulation and analytics in a German automotive plant.[16]
  • 30 minutes was the ignore period applied after a fan-status change in the same AI cooling-tower decision-support system.[18]
  • 4 automatically collected cooling-tower variables at SwRI included pH, conductivity, makeup-water usage and bleed-water usage.[19]
  • 0.98 was the R² value achieved when multivariate regression predicted dynamic energy-demand profiles in a German industrial cooling-tower case.[16]
  • 2 parameters—makeup water and bleed water—were selected for multivariate anomaly analysis at SwRI after incomplete temperature data limited the model.[19]

Data Quality in the utilities and renewable energy sector (sector benchmark)

  • Across electric utilities surveyed, 77% reported no erosion in data quality over time.[20]
  • Across electric utilities surveyed, 69% reported user confidence in data accuracy, compared with 77% for completeness.[20]
  • Across water utilities, 7% of respondents rated asset information in EAM or CMMS as very good in 2026.[21]
  • Across water utilities, 8% of respondents rated asset O&M cost information as very good in 2026.[21]
  • Across water utilities, 10% of respondents rated asset condition and performance information as very good in 2026.[21]
  • Across water utilities, 19% of respondents rated asset characteristics information as very good in 2026.[21]

Data Governance in the utilities and renewable energy sector (sector benchmark)

  • Across utilities surveyed, 6% reported fully traceable data from original source to decision-making or business processes in 2020.[22]
  • Across utilities surveyed, 56% had some form of inventory covering data sources and data-quality, integration, and analytics tools in 2020.[22]
  • Across energy and utilities organizations, 65% reported that all or nearly all of their data was governed in 2026.[23]
  • Across utilities surveyed, 50% estimated they were still three to five years away from enterprise-level data governance in 2020.[22]
  • Across utilities surveyed, 9% had fully implemented an enterprise-wide data-governance program in 2020.[22]
  • Across power and utility executives surveyed, 57% assessed data-governance maturity as developing or initial in 2021; none reported advanced practices.[1]

KPIs in the cooling tower industry

  • 1 recommended cooling-tower water KPI is gallons of water used per ton-hour of chiller cooling demand.[24]
  • 4 water-management measurements recommended by GSA are cooling-tower makeup water, blowdown water, makeup conductivity and blowdown conductivity.[25]
  • 2 cooling-tower temperature KPIs—supply temperature and return temperature—are identified as useful BAS measurements in GSA guidance.[25]
  • 3 Johnson Controls cooling-tower KPI groups cover faults, efficiency versus wet-bulb temperature, and operating trends.[17]
  • 2 conductivity KPIs—makeup conductivity and blowdown conductivity—are identified for cooling-tower water monitoring in U.S. GSA guidance.[25]

06 Statistics

Strategy & Growth

Demand pull connects to Asia-Pacific growth, while technology choices shift toward hybrid and dry cooling. Forecasts also highlight the field-erected segment’s revenue trajectory in the region.

Growth in the cooling tower industry

  • 6.78% is the forecast Asia-Pacific cooling-tower market CAGR from 2026 to 2031.[26]
  • USD 1.79 billion is the projected 2030 value of the Asia-Pacific cooling-tower market.[27]
  • USD 1,001.5 million was Asia-Pacific field-erected cooling-tower revenue in 2023.[27]
  • USD 1,346.3 million is the projected 2030 revenue of the Asia-Pacific field-erected cooling-tower market.[27]
  • 43.7% was Asia-Pacific’s share of global cooling-tower market revenue in 2025.[26]
  • USD 1.19 billion was the value of the Asia-Pacific cooling-tower market in 2023.[27]

Differentiation in the cooling tower industry

  • 15% to 25% lower fan energy consumption is claimed for Hamon induced-draft towers versus traditional counterflow towers.[28]
  • 2.5 MW to 45 MW per cell is the heat-evacuation capacity range offered by Hamon induced-draft cooling towers for data centers.[28]
  • 20% to 30% lower structural weight is claimed for Hamon FRP induced-draft towers versus steel towers.[28]
  • 500 active patents worldwide were held by EVAPCO in 2025 for cooling and heat-transfer technologies.[29]

Mergers and acquisitions in the cooling tower industry

  • 1 acquisition added Hamon Korea’s cooling activities to John Cockerill in December 2022.[30]
  • EUR 100 million was the approximate annual turnover represented by the Hamon cooling activities acquired by John Cockerill in 2022.[30]
  • 5 countries were included in John Cockerill’s 2022 acquisition of Hamon cooling activities: Belgium, France, Spain, South Korea and the United Kingdom.[28]
  • 1 acquisition transferred Hamon cooling activities in Belgium, France and Spain to John Cockerill in 2022.[30]

Strategic partnerships in the cooling tower industry

  • 1 licensee agreement made B.Grimm Technologies the Thai distributor of Hamon cooling towers in 2025.[30]
  • 3 companies—John Cockerill Hamon, HOCHTIEF CZ and REKO PRAHA—signed a Czech hybrid cooling-tower cooperation agreement in 2026.[30]
  • 2 companies, Elsewedy Electric Power Systems Projects and POWERCHINA, partnered with John Cockerill on the 2025 Rabigh 2 cooling-tower contract.[30]
  • 2 companies, John Cockerill and Jurong Engineering, collaborated on a 435 MW Indonesian power-plant cooling-tower project announced in 2023.[30]

07 Statistics

People & Workforce

Work model stats in utilities show sustained hybrid arrangements alongside evidence of digital-change barriers. For cooling-tower work, this affects training, provisioning, and governance timing for new monitoring systems.

Hiring in the cooling tower industry

  • 215 employees work at Glen Dimplex Precision Cooling’s Krunkel location; Germany, 2026.[31]
  • 220 employees work at Glen Dimplex Precision Cooling’s Kalamazoo, United States location; United States, 2026.[31]
  • 210 employees work at Glen Dimplex Precision Cooling’s Bangalore location; India, 2026.[31]
  • 100 employees work at Glen Dimplex Precision Cooling’s Shenyang location; China, 2026.[31]
  • 280 employees work at Glen Dimplex Precision Cooling’s Kulmbach location; Germany, 2026.[31]

Remote Work in the utilities and renewable energy sector (sector benchmark)

  • Among U.S. utility employers recruiting new graduates, 9.3% of positions were fully remote in 2024.[32]
  • U.S. utilities employees worked 31.42% of paid days from home in 2024.[33]
  • Across U.S. utilities, 18.2% of employees worked fully remotely in November 2024.[34]
  • U.S. utilities employees worked 22.32% of paid days from home in 2026.[33]

Hybrid Work in the utilities and renewable energy sector (sector benchmark)

  • Across U.S. utilities, 32.5% of employees worked in hybrid arrangements in November 2024.[34]
  • U.S. utilities had 28% of full-time employees in hybrid arrangements during September–December 2024.[35]
  • Across U.S. utilities, 51% of full-time employees worked either hybrid or fully from home during September–December 2024.[35]
  • Among U.S. utility employers recruiting new graduates, 43.4% of positions were fully hybrid in 2024.[32]

Employee Engagement in the utilities and renewable energy sector (sector benchmark)

  • Among frontline energy and utilities workers, 57% said workplace communication tools were designed for desk workers rather than them in 2025.[36]
  • At Southern California Edison, 82% of employees gave a favorable overall engagement response in 2022.[37]
  • Among U.S. energy and utility organizations, 54% reported that frontline disengagement affected productivity in 2023.[38]
  • Across U.S. utilities, 70% of employees were engaged in the July 2025–June 2026 benchmark period.[39]

Change Management in the utilities and renewable energy sector (sector benchmark)

  • Among utility organizations surveyed by Eaton, 51% were executing a digital-transformation strategy in 2023.[40]
  • Among utilities surveyed globally, change management was cited as a digital-transformation barrier by 30% of respondents in 2024.[41]
  • Across utilities with active listening programs, 91% of employees said they could adapt to change, compared with 41% without such programs.[42]
  • Among utilities surveyed globally, 100% had initiated digital transformation and 20% had completed it in 2024.[41]
  • Only 15% of utility companies said they were leaders in actively listening to employees in 2020.[42]

08 Statistics

Customer & Sales

Service coverage is global and operationally specific, with named examples of sales offices and maintenance support reach. Lead-time and installation-scale signals connect sales operations to project execution constraints.

Customer experience in the cooling tower industry

  • 24/7 service and maintenance support is offered by Ensotek for cooling-tower customers in more than 40 countries.[43]
  • 150+ offices, subsidiaries and partners give SPX Cooling Tech local service reach for cooling-tower customers worldwide.[44]
  • 170+ sales offices distribute EVAPCO heat-transfer products, including cooling towers, across its global customer network.[29]
  • 500+ sales offices and 10 factories support BAC’s global cooling-solution customer network.[44]

Customer acquisition in the cooling tower industry

  • Four consecutive years of nationwide commercial cooling-tower sales leadership were reported by Lanxun in 2024.[10]
  • More than 30 countries are covered by MESAN’s cooling-tower sales network.[45]
  • More than 50 countries receive Paharpur Cooling Towers’ process-cooling exports.[46]
  • 40+ countries are covered by Ensotek’s completed cooling-tower project experience and technical-support network.[43]

Customer loyalty in the cooling tower industry

  • 200,000+ worldwide installations are reported by MESAN, indicating the scale of its installed customer base.[45]
  • More than 150 Hudson fan units installed worldwide are reported by Tower Engineering for cooling-tower applications.[47]
  • More than 3,000 cooling-tower installations have been completed by Ensotek.[43]
  • 82,000+ cooling-tower and heat-exchanger installations across 50+ countries are reported by Paharpur Cooling Towers.[46]

Lead generation in the cooling tower industry

  • 30% of accepted cooling-tower locations reached substantive conversations in PorchRocket’s modeled outreach funnel.[48]
  • About 67% of authorized cooling-tower surveys produced proposals in PorchRocket’s modeled funnel.[48]
  • 25% of cooling-tower proposals became signed accounts in PorchRocket’s modeled funnel.[48]
  • About 22% of substantive cooling-tower conversations produced authorized surveys in PorchRocket’s modeled funnel.[48]
  • 180 accepted cooling-tower locations generated 54 substantive conversations, 12 authorized surveys, eight proposals and two signed accounts in PorchRocket’s model.[48]

09 Statistics

Marketing & Brand

Brand signals here are mainly distribution-channel proxies such as office counts and social followings. This sits alongside demand drivers tied to data centers and regulatory testing requirements.

Marketing in the cooling tower industry

  • 170+ sales offices form EVAPCO’s worldwide distribution network for heat-transfer products, including cooling towers.[29]
  • More than 30 countries are covered by MESAN’s cooling-tower sales distribution network.[45]
  • 150+ offices, subsidiaries and partners support SPX Cooling Tech’s worldwide cooling-tower market presence.[44]
  • 500+ sales offices support BAC’s global marketing and sales presence for cooling solutions.[44]

Branding in the cooling tower industry

  • 56,164 LinkedIn followers were shown for Baltimore Aircoil Company’s cooling-solutions brand page.[44]
  • 36,899 LinkedIn followers were shown for SPX Cooling Tech, including Marley and Recold cooling brands.[44]
  • 19,080 LinkedIn followers were shown for another Paharpur Cooling Towers company-page listing.[44]
  • 53,073 LinkedIn followers were shown for EVAPCO’s cooling-solutions company page.[44]
  • 21,523 LinkedIn followers were shown for Paharpur Cooling Towers’ process-cooling brand page.[46]

Social media in the cooling tower industry

  • 53,073 followers were displayed on EVAPCO’s LinkedIn company page for cooling and heat-transfer products.[44]
  • 1,327% growth in LinkedIn followers was reported for Crossflow Energy’s social-media strategy.[49]
  • 56,164 followers were displayed on BAC’s LinkedIn company page for its cooling-solutions business.[44]
  • 19,080 followers were displayed on a separate Paharpur Cooling Towers LinkedIn page listing.[44]
  • 21,523 followers were displayed on Paharpur Cooling Towers’ LinkedIn page.[46]

Influencer Marketing in the utilities and renewable energy sector (sector benchmark)

  • Across B2B companies, influencer marketing was associated with a 39-percentage-point advantage in brand-awareness goal attainment in 2025.[50]
  • Across B2B companies, 28% of marketers ranked thought leaders or industry analysts as the most effective influencer type in 2025.[50]
  • Across B2B companies, authenticity and credibility were the top influencer-selection criteria for 58% of marketers in 2025.[50]
  • Across B2B companies, 55% were using influencers in 2025, while another 29% planned to adopt influencer marketing within the following year.[50]
  • Across B2B companies, 76% of marketing leaders believed creator collaborations build brand authenticity in 2025.[50]

10 Statistics

Operations & Execution

Reported operational outcomes quantify energy, cost, and water impacts from cooling-tower optimization and refurbishment. Examples include 14.0% less chilled-water plant energy over 12 months in 2026.

Process optimization in the cooling tower industry

  • 1.10 MW of additional summer-generation capacity resulted from reduced condenser backpressure after a cooling-tower fill upgrade at Treasure Coast Energy Center in the United States in 2025.[51]
  • 14.0% less chilled-water plant energy was verified over 12 months after dynamic condenser-water temperature reset at a South Carolina hospital in 2026.[52]
  • 10% lower operating cost than baseline was achieved during an optimization evaluation at Baltimore Aircoil Company headquarters in the United States in 2023.[53]
  • 15% was the highest daily operating-cost saving recorded during the Baltimore Aircoil Company headquarters cooling-system optimization evaluation in the United States in 2023.[53]
  • 30% was the projected peak operating-cost saving under certain load and environmental conditions for an optimized Baltimore Aircoil Company cooling system in the United States in 2023.[53]

Operational efficiency in the cooling tower industry

  • 22.5% lower plant energy use was recorded during June–August 2026 at a South Carolina hospital after condenser-water optimization.[52]
  • 0.611 kW per ton was the measured plant efficiency after optimization, down from 0.710 kW per ton at a South Carolina hospital in 2026.[52]
  • 89% lower cooling-energy use was reported for a data-center configuration using optimized cooling operation in the United States in 2015.[54]
  • 25% higher chiller efficiency was estimated from a 10°F cooling-tower supply-water temperature improvement for a 271-ton tower in the United States in 2025.[55]
  • 8–10°F cooler supply water was achieved after full-system refurbishment of a 271-ton BAC cooling tower in the United States in 2025.[55]

Quality management in the cooling tower industry

  • 75% lower water use than continuous blowdown was reported for six BAC cooling towers at an Amsterdam data center in 2026.[56]
  • 75% lower chemical use was reported during a 90-day electronic water-conditioning trial at a 1,000-ton Houston cooling tower in 2016.[57]
  • 9 cycles of concentration, up from 4, were achieved in an Atlanta hotel cooling tower after improved water-treatment control in 2025.[58]
  • 20% lower water use than a conditioned tower was reported for six BAC cooling towers at an Amsterdam data center in 2026.[56]
  • 50% lower water use was projected after cycles of concentration doubled without scale accumulation at a 1,000-ton Houston cooling tower in 2016.[57]

Supply chain in the cooling tower industry

  • 57% of data-center projects experienced construction delays of at least three months in 2025, amid equipment supply constraints including cooling towers.[59]
  • 6–12 months of strategic inventory was held by large-scale data-center developers and operators for critical equipment including cooling towers in 2026.[59]
  • More than 80% of Linesight, LLE suppliers were investing in new or expanded facilities in the 2026 supply-chain survey.[60]
  • 14 weeks was the approximate Q3 2026 cooling-tower lead time reported in a data-center procurement pulse.[61]
  • 20–43 weeks was the reported 2026 lead-time range for mechanical systems including cooling towers across global project markets.[60]

Outsourcing / Offshoring in the utilities and renewable energy sector (sector benchmark)

  • 54% of U.S. solar companies surveyed outsourced most solar maintenance in 2025, compared with 60% in Germany and 48% in the United Kingdom.[62]
  • 88% of power and utilities executives surveyed planned to rely more on vendors and contractors than previously, in a 2025 global energy survey.[1]
  • 55% of surveyed solar OEMs, technicians and installers across the United States, United Kingdom, Germany and Spain outsourced most solar maintenance in 2025.[62]
  • Approximately 45% of electric transmission, distribution and gas distribution work was outsourced in 2024, projected to exceed 50% over the following five years.[63]
  • 68.4% of U.S. utilities surveyed outsourced bill printing in 2026, based on responses from 95 utilities across 18 states.[64]

11 Statistics

Finance & Pricing

The economics section ties cooling-tower interventions to payback and savings, including 1.3 years ROI for a 2025 softening project. Water and energy savings appear as direct benefit inputs.

Pricing strategy in the cooling tower industry

  • 1.3 years was the reported return-on-investment period for a southern U.S. university-hospital cooling-tower softening project in 2025.[65]
  • $61,339 in gross annual benefit was calculated for a 500-ton commercial cooling tower using Houston tariffs effective April 1, 2026.[66]
  • $500,000 or more in capital expenditure was deferred by refurbishing rather than replacing a 271-ton BAC cooling tower in the United States in 2025.[55]
  • $95,664 in average annual operating savings was projected for a Midwest automotive manufacturer replacing gear-drive cooling-tower fans with direct-drive systems in 2023.[67]

Cost reduction in the cooling tower industry

  • $38,753 in estimated annual energy savings resulted from refurbishing a 271-ton BAC cooling tower in the United States in 2025.[55]
  • 2.6 million gallons of water and $26,200 in annual water cost were saved by increasing Atlanta hotel cooling-tower cycles from 4 to 9 in 2025.[58]
  • $1.45 million in annual net-heat-rate gains was estimated after a cooling-tower fill upgrade at Treasure Coast Energy Center in the United States in 2025.[51]
  • 11.6 million gallons per year and more than $62,000 per year in net costs were saved by a southern U.S. university-hospital cooling-tower project in 2025.[65]
  • $630,000 in annual expense reduction was identified through plant-metering analysis, including $110,000 from changing cooling-tower operations, at a U.S. chiller plant in 2018.[68]

Profitability in the cooling tower industry

  • $23,325 in annual energy savings was reported for an Atlanta hotel cooling-tower project in 2025.[58]
  • $26,200 in annual water savings was reported for an Atlanta hotel cooling-tower project in 2025.[58]
  • $95,664 in average annual operating savings was projected for a Midwest automotive manufacturer’s direct-drive cooling-tower fan conversion in 2023.[67]
  • $38,753 in estimated annual energy savings was generated by a 271-ton cooling-tower refurbishment in the United States in 2025.[55]
  • $61,339 in total gross annual savings was calculated for a 500-ton cooling-tower operating scenario in Houston in 2026.[66]

Financial planning in the cooling tower industry

  • 3–5 years was the reported payback-period range for water- and energy-efficiency technologies applied to a U.S. data-center cooling configuration in 2015.[54]
  • $8,000 per year was the annualized equipment-life-extension value calculated for a 500-ton Houston cooling-tower scenario in 2026.[66]
  • $5,500 per year was the maintenance-labor saving calculated from eliminating descaling in a 500-ton Houston cooling-tower scenario in 2026.[66]
  • $13,260 per year was the chiller-energy-recovery value calculated for a 500-ton Houston cooling-tower scenario in 2026.[66]
  • 7–10 years of additional operating life was estimated after refurbishing and relining a 271-ton BAC cooling tower in the United States in 2025.[55]

12 Statistics

Product & Service

Service-life and warranty evidence frames how buyers plan maintenance and provisioning. It includes example tower capacity specs and EVAPCO warranty periods.

Product development in the cooling tower industry

  • 1 cooling-tower product example from SPX uses laser-welded stainless-steel drain pans to create a hermetic seal and improve heat-transfer efficiency.[69]
  • 2,189 tons per cell is the upper capacity specification reported for the Marley NC Everest cooling tower.[70]
  • 3,933–6,567 gpm is the rated water-flow range of the Marley NC Everest cooling tower.[70]
  • 1,311–2,189 tons per cell is the rated capacity range of the Marley NC Everest cooling tower.[70]
  • 1957 is the year SPX Cooling Tech established its Kansas City Research and Development Center as a global technology hub for its cooling-product brands.[11]

Product lifecycle in the cooling tower industry

  • 170 metal cooling-tower units were included in the ASHRAE service-life database sample.[71]
  • 24 metal cooling towers in the ASHRAE sample had been replaced when the service-life analysis was conducted.[71]
  • 20–25 years is the typical service-life range reported for cooling towers in a 2021 condominium reserve analysis.[72]
  • 30 years is the estimated lifespan for the University of Houston’s site-built concrete cooling towers.[73]
  • More than 22 years is the median service life reported for metal cooling towers in a U.S. commercial-building sample.[71]

After-sales in the cooling tower industry

  • 2 major service approaches—regular inspection and servicing, plus component replacement or refurbishment—are identified for extending cooling-tower life in a reserve-study report.[74]
  • 5 years is EVAPCO’s warranty period for fans, fan motors, bearings, pulleys, shafts, belts, gear reducers and related mechanical components.[29]
  • 12 months is EVAPCO’s standard product warranty period for open cooling towers, measured from installation and capped at 18 months from shipment.[29]
  • 5 years is EVAPCO’s warranty period for specified stainless-steel cooling-tower components, including panels, fill supports, fan decks and spray headers.[29]
  • 20 years is the FRP-component warranty offered by Cooling Tower Systems, according to its published service-life information.[75]

Value proposition in the cooling tower industry

  • 7% is the modeled reduction in cooling-tower water demand from adapted operating strategies in the same industrial case.[16]
  • 20% of SwRI’s campus cooling-tower water consumption was attributed to 12 comfort-cooling towers.[19]
  • $1.5 billion was SPX HVAC revenue in 2025, according to the company’s investor presentation.[76]
  • 5–6% is SPX’s medium-term organic-growth target for its cooling business.[76]
  • $1.365 billion was SPX HVAC revenue in 2024, a segment that includes Marley cooling products.[77]

13 Statistics

Sustainability & Ethics

Water-use reduction claims and wastewater-discharge metrics are central, with examples tied to filtration and condensate recovery. The section also includes cooling-tower system reuse framing with 99% available for reuse in ASHRAE guidance.

Sustainability in the cooling tower industry

  • 59% is the maximum reduction in cooling-tower water use claimed for SPX’s Marley WaterGard optimizer, based on preconditioning water to limit salt buildup, in 2023 globally.[69]
  • 17% was the 2024 cooling-tower water-use reduction at Hologic’s San Diego site after condensate-recovery systems recycled air-handler condensate into the towers.[78]
  • 88% is the maximum reduction in wastewater discharge claimed for SPX’s Marley WaterGard cooling-tower filtration system, in 2023 globally.[69]
  • 2.2 million gallons of condensate were recycled into Hologic’s San Diego cooling towers in 2024.[78]
  • 70% is the maximum water saving claimed for BAC’s HXV hybrid cooler compared with an open cooling tower, based on a 2024 customer application.[79]

ESG in the cooling tower industry

  • Three sustainability reports had been published by Baltimore Aircoil Company through its 2024–2025 reporting cycle, released in November 2026.[79]
  • 150 languages are supported by Trane Technologies’ ethics helpline for suspected human-rights violations, according to its 2024 sustainability reporting.[80]
  • Six years was the period over which SPX reported tracking company and facility water-use metrics before reaching its lowest water consumption in 2024.[69]
  • 24% was BAC’s reduction in potable-water use relative to consolidated revenue between 2019 and 2023, attributed to facility upgrades, filtration and rainwater harvesting.[79]
  • 75 languages are supported by Trane Technologies’ webform for reporting suspected human-rights violations, according to its 2024 sustainability reporting.[80]

Circular economy in the cooling tower industry

  • 8% was the recycling rate reported for water collected by Far Eastern New Century’s cooling-tower recovery system at its Hsinpu plant in one year.[81]
  • 23% recycled material is the minimum recycled-content proportion cited for some Marley galvanized-steel cooling towers.[11]
  • 42,336 kilolitres of water were collected by one cooling-tower recovery system at Far Eastern New Century’s Hsinpu Chemical Fiber Plant in one year.[81]
  • 75% of Bloomberg London cooling-tower wastewater was planned for recycling back into the cooling towers, with another 25% directed to grey-water storage.[82]
  • 100% recycled material is the maximum recycled-content proportion cited for Marley stainless-steel cooling towers, according to SPX’s circular-economy guidance.[11]

Carbon footprint in the cooling tower industry

  • Negative particulate emissions were measured for some particle sizes at two California power-plant cooling towers because the towers scrubbed more particulate matter than they emitted, in a 2023 study.[83]
  • 1% of recirculated water is described as typically evaporating during cooling-tower operation in ASHRAE’s green-building guidance, with the remaining 99% available for reuse.[84]
  • 50% is the maximum energy saving attributed to cooling towers versus air cooling in ASHRAE’s green-building guidance, because water cooling enables lower condensing temperatures.[84]

15 Statistics

Globalization & Expansion

Global manufacturing footprint and country coverage quantify integration pathways for cooling-tower equipment. EVAPCO’s manufacturing network includes 28 factories across 11 countries in 2025.

Globalization in the cooling tower industry

  • 8 countries contained John Cockerill Hamon teams after the 2022 integration of Hamon cooling activities.[28]
  • 28 factories in 11 countries form EVAPCO’s global manufacturing footprint in 2025.[29]
  • 6 countries hosted CHT TECK distributor branches by 2024: India, the Philippines, Australia, Spain, Russia and Mexico.[94]
  • 34 global locations in 14 countries support EVAPCO’s worldwide cooling-equipment operations in 2025.[29]
  • 52 countries received cooling products exported by CHT TECK by 2024.[94]

Cultural adaptation in the cooling tower industry

  • 8 countries contributed teams to John Cockerill Hamon’s week-long technical training program in France in 2023.[30]
  • 3 local partners joined John Cockerill Hamon’s 2026 Czech cooperation agreement for hybrid cooling-tower projects.[30]

Supplier management in the cooling tower industry

  • 7 consecutive contracts had been awarded to John Cockerill by Mass Group Holding by 2024, including a cooling-tower project in Romania.[30]
  • 2 cooling towers were contracted from John Cockerill for the Rabigh 2 power-plant extension in Saudi Arabia in 2025.[30]
  • 2 Once Through Boilers and 1 Hamon cooling tower were supplied together for Romania’s Mintia plant in 2024.[30]

Stakeholder management in the cooling tower industry

  • 120 employees were retained in John Cockerill’s acquired Hamon cooling teams in France in 2022.[30]
  • 30 employees were retained at the acquired Hamon cooling operation in Mont-Saint-Guibert, Belgium, in 2022.[30]
  • 270 highly qualified jobs were safeguarded through John Cockerill’s 2022 acquisition of Hamon cooling activities.[30]
  • 270,000 tons of forest and agricultural residues will be processed annually by the Spanish biomass plant served by a Hamon cooling tower.[30]
  • 120 employees were retained in the acquired Hamon cooling operation in Madrid, Spain, in 2022.[30]

Distribution channels in the cooling tower industry

  • 178 global sales offices supplied EVAPCO products in 2025.[29]
  • 1 Thai distributor received rights to design, market and maintain Hamon cooling towers under a 2025 licensee agreement.[30]
  • 6 distributor branches were established by CHT TECK across India, the Philippines, Australia, Spain, Russia and Mexico by 2024.[94]

Key questions about the Cooling Tower Industry

What is the global cooling tower market size in 2025 and 2026?
The global cooling tower market was valued at $4.12 billion in 2025 and is expected to reach $4.36 billion in 2026.
How fast is the market expected to grow after 2026?
From 2026 to 2035, global market revenue is projected to grow at a 5.9% CAGR, reaching $7.31 billion by 2035.
Which companies lead the cooling tower industry?
EVAPCO leads Gitnux's 2026 cooling tower ranking with an Overall score of 9.5, with 28 factories in 11 countries in its global manufacturing footprint in 2025. ENEXIO is the highest-ranked cooling engineering and services provider at 8.7, with power-plant and process cooling engineering, manufacturing and service.
What technology shifts are showing up in cooling-tower adoption?
Utilities and energy organizations report high use of digital and analytics: 78% use advanced analytics in 2024, and 86% of utilities used advanced-metering-infrastructure data enterprise-wide or in specific workflows in 2026.
How concentrated is the supplier landscape for cooling towers?
The five leading companies collectively held 33.5% of the global market in 2025, leaving substantial share for regional manufacturers and service providers.
What compliance change can affect testing and O&M planning in 2026?
New York City rules effective May 8, 2026 require operating cooling towers to be tested for Legionella every 31 days, three times more frequently than the previous requirement.
Reference

Cite This Report

This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.

APA
Elena Vasquez. (2026, February 13). Cooling Tower Industry Statistics. Gitnux. https://gitnux.org/cooling-tower-industry-statistics
MLA
Elena Vasquez. "Cooling Tower Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/cooling-tower-industry-statistics.
Chicago
Elena Vasquez. 2026. "Cooling Tower Industry Statistics." Gitnux. https://gitnux.org/cooling-tower-industry-statistics.

Sources & references

109 sources cited across this report

  1. ey.com
  2. capgemini.com
  3. ifs.com
  4. infosys.com
  5. cdn2.webdamdb.com
  6. inldigitallibrary.inl.gov
  7. stocktitan.net
  8. viasat.com
  9. azure.microsoft.com
  10. laxun.world
  11. spxcooling.com
  12. compositecooling.com
  13. cdn2.hubspot.net
  14. refrisistemas.com
  15. emerson.com
  16. research.utwente.nl
  17. docs.johnsoncontrols.com
  18. doi.org
  19. swri.org
  20. restservice.epri.com
  21. bv.com
  22. utilityanalytics.com
  23. journalofenvironmentalnews.com
  24. energy.nv.gov
  25. gsa.gov
  26. mordorintelligence.com
  27. grandviewresearch.com
  28. energy.johncockerill.com
  29. evapco.com
  30. johncockerill.com
  31. dimplexthermal.com
  32. naceweb.org
  33. fred.stlouisfed.org
  34. columbus.gov
  35. hoover-s3-website.s3.us-west-2.amazonaws.com
  36. workvivo.com
  37. docs.cpuc.ca.gov
  38. simpplr.com
  39. cultureamp.com
  40. eaton.com
  41. ifs-p-001.sitecorecontenthub.cloud
  42. accenture.com
  43. ensotek.com.tr
  44. linkedin.com
  45. mesanct.com
  46. in.linkedin.com
  47. tei-usa.com
  48. porchrocket.com
  49. energypr.co.uk
  50. business.linkedin.com
  51. brentwoodindustries.com
  52. exergenics.com
  53. assets-global.website-files.com
  54. usbr.gov
  55. wscnc.com
  56. hydropath.com
  57. slideshare.net
  58. en-ca.ecolab.com
  59. jll.com
  60. insights.linesight.com
  61. datacenterupdate.com
  62. nasdaq.com
  63. lincolninternational.com
  64. utilityinformationpipeline.com
  65. chemaqua.com
  66. muellerwater.com
  67. newequipment.com
  68. csemag.com
  69. spx.com
  70. finbar.com
  71. handbook.ashrae.org
  72. waterfordcondominium.com
  73. uh.edu
  74. aquariusuno.com
  75. coolingtowersystems.com
  76. 6ix.com
  77. financialfilings.com
  78. s29.q4cdn.com
  79. baltimoreaircoil.com
  80. device.report
  81. csr.fenc.com
  82. img1.wsimg.com
  83. energy.ca.gov
  84. academia.edu
  85. ncbi.nlm.nih.gov
  86. nyc.gov
  87. osha.gov
  88. deloitte.com
  89. cyble.com
  90. itpro.com
  91. renewableenergyworld.com
  92. smartenergycc.org
  93. msci-institute.com
  94. innentra.com
  95. gminsights.com
  96. thomasnet.com
  97. cdc.gov
  98. enexio.com
  99. thermaxglobal.com
  100. paharpur.com
  101. deltacooling.com
  102. mitacoolingtechnologies.com
  103. assets.speakcdn.com
  104. novaoneadvisor.com
  105. charlottenc.gov
  106. sustainability.aboutamazon.com
  107. energy.gov
  108. codelibrary.amlegal.com
  109. home4.nyc.gov