市场调查报告书
商品编码
1540829
2024-2032 年按塔类型、流量类型、设计、建筑材料(纤维增强塑胶、钢、混凝土、木材、高密度聚乙烯等)、最终用户和地区分類的冷却塔市场报告Cooling Tower Market Report by Tower Type, Flow Type, Design, Construction Material (Fiber-Reinforced Plastic, Steel, Concrete, Wood, High-Density Polyethylene, and Others), End-User, and Region 2024-2032 |
2023年全球冷却水塔市场规模达30亿IMARC Group。由于能源成本上升和与能源支出相关的担忧、各种工业运营中越来越多地采用可持续措施以及数位技术和云端运算的日益融合,该市场正在经历稳定增长。
主要市场驱动因素:主要市场驱动因素之一包括天气模式的变化。此外,升级老化基础设施的需求不断增加,这是一个成长诱导因素。
主要市场趋势:对能源效率和工业扩张的日益关注是市场的主要趋势。
地理趋势:根据报告,亚太地区表现出明显的主导地位,由于散热和维持营运效率的需求不断增加,加上发电产业的蓬勃发展,占据了最大的市场份额。
竞争格局:冷却水塔产业众多参与者包括 Babcock & Wilcox Enterprises Inc.、Baltimore Aircoil Company Inc. (Amsted Industries Inc.)、Brentwood Industries Inc.、Delta Cooling Towers Inc.、ENEXIO Management GmbH、Hamon Corporation (Hamon & Cie )、International Cooling Tower Inc.、Johnson Controls Inc.、SPX Cooling Technologies Inc.、Reymsa Cooling Towers Inc.、Thermal Care Inc. (IPEG Inc.)、Thermax Limited (RDA Holdings Private Limited) 等。
挑战与机会:个人日益增长的健康和安全担忧,以及水资源短缺或严格的节水法规,是主要的市场挑战。儘管如此,对节水和循环利用以及智慧互联技术整合的日益关注代表了市场的关键机会。
对能源效率的日益关注
由于能源成本不断上涨,各组织都在强调节能。冷却水塔至关重要,因为它们可以散发电力生产设施、暖通空调系统和工业运作产生的热量。製造商开发了创新的冷却塔,以满足对经济和环保解决方案日益增长的需求。市场参与者正在透过使用优质材料和技术来开发尖端系统,以最大限度地提高能源效率。此外,配备变频驱动器(VFD)的冷却水塔可根据冷却负载调整风扇速度,从而节省能源。此外,透过在保持热性能的同时减少用水量,混合冷却水塔可提供更高的效率。随着企业寻求减少碳足迹和营运费用,对节能冷却水塔的需求不断增加。 2023 年 3 月 20 日,Babcock & Wilcox (B&W) 宣布其 B&W Environmental 业务部门已获得一份价值超过 900 万美元的合同,为中东的一个清洁氢气生产设施设计和供应两套冷却系统。 B&W Environmental 将提供两座 SPIG(R) 玻璃纤维增强聚合物 (FRP) 冷却塔,为使用再生能源生产氢气的工厂提供高效、低排放的冷却。
产业扩张
工业活动的扩张,特别是在新兴经济体,正在推动冷却水塔市场的成长。有效的冷却系统对于资料中心、製造、石化和电力生产等各种行业至关重要,以维持产品品质和营运效率。新兴经济体正在经历快速的工业化和城市化,导致对电力、製成品和基础设施的需求增加。需要高效率的冷却解决方案来散产作业和发电过程中产生的余热。冷却水塔透过控制温度在维持工业设施连续运作方面发挥着至关重要的作用。此外,数位技术和云端运算带来的资料中心领域日益复杂,加速了对能够管理高密度伺服器产生的热负荷的冷却解决方案的需求。 IMARC Group预测,到2032年,全球资料中心市场规模将达到4,618亿美元。
严格的环境法规
各国管理机构正在实施与节水和排放控制相关的严格环境法规,这为冷却水塔市场前景提供了积极的前景。他们制定了严格的标准来解决水资源短缺问题并遏制挥发性有机化合物(VOC)等污染物的排放。冷却水塔由于其耗水性质而受到这些法规的约束。为了遵守节水规定,冷却水塔製造商正在开发干式冷却水塔等创新解决方案,与传统的蒸发冷却系统相比,这有助于减少水消耗。这些节水技术不仅可以帮助产业满足监管要求,还有助于永续发展。此外,排放控制法规旨在最大限度地减少有害污染物向大气的排放。冷却水塔会透过排放颗粒物和其他物质来加剧空气品质挑战。为了解决这个问题,现代冷却水塔配备了先进的过滤系统和空气品质控制装置,以确保符合排放标准。 2023 年 11 月 28 日,Hydroleap 宣布与新加坡领先的资料中心机电 (M&E) 基础设施解决方案供应商 IX Technology (IXT) 建立策略合作伙伴关係。其目的是改变冷却水塔的水管理,并使资料中心产业的组织能够减少水消耗、减少化学品使用、减少碳足迹并提高法规遵循。
IMARC Group提供了每个细分市场的主要趋势分析,以及 2024-2032 年全球、区域和国家层面的冷却水塔市场预测。我们的报告根据塔式、流动类型、设计、建筑材料和最终用户对市场进行了分类。
开式冷却水塔
闭路冷却水塔
混合冷却塔
开式冷却水塔占大部分市场份额
该报告根据塔式类型对市场进行了详细的细分和分析。这包括开路冷却水塔、闭路冷却水塔和混合冷却水塔。根据该报告,开式冷却水塔代表了最大的部分。
开式冷却水塔的开放式设计允许製程水与周围空气直接接触,这赋予了它们独特的特性。开式冷却水塔用于许多不同的工业应用,特别是在重型製造和发电厂领域。它们也因价格合理且散热性能出色而闻名。由于蒸发不断发生,因此它们依赖持续的水供应。
横流
逆流
横流占据产业最大份额
报告还根据流量类型对市场进行了详细的细分和分析。这包括横流和逆流。报告显示,交叉流占据了最大的市场份额。
横流式冷却水塔以其体积小、结构高效而闻名。它们透过使水流和空气流彼此垂直来促进有效的热交换。它们用于多种工业应用,包括中小型工业运营、商业建筑和 HVAC 系统。这些塔以可靠且易于维护而闻名。它们的成本效益使其被广泛接受,使它们成为寻求平衡冷却系统经济性和性能的行业的首选解决方案。
机械通风冷却水塔
自然通风冷却水塔
机械通风冷却水塔代表领先的细分市场
该报告根据设计提供了详细的市场细分和分析。这包括机械通风冷却水塔和自然通风冷却水塔。根据该报告,机械通风冷却水塔代表了最大的部分。
机械通风冷却水塔依靠风扇或鼓风机等机械部件产生穿过塔的气流,从而增强热交换过程。它们因其灵活性和即使在多变的环境条件下也能保持一致性能的能力而被广泛应用于各个行业。它们提供对气流的精确控制,使其适合具有特定冷却要求的应用。它们常见于发电厂、製造设施和暖通空调系统,其中高效冷却至关重要。机械通风冷却水塔的主导地位可归因于其适应性、可靠性以及提供高效热性能的能力。 2023 年 8 月 21 日,John Cockerill Hamon 宣布将为卡达全球最大的天然气矿建造全球最大的引风冷却水塔。
纤维强化塑胶 (FRP)
钢
具体的
木头
高密度聚乙烯 (HDPE)
其他的
纤维增强塑料(FRP)在市场上表现出明显的主导地位
报告还提供了基于建筑材料的市场详细细分和分析。这包括纤维增强塑胶 (FRP)、钢材、混凝土、木材、高密度聚乙烯 (HDPE) 等。报告称,纤维增强塑胶(FRP)占据最大的市场份额。
纤维增强塑胶 (FRP) 冷却水塔以其耐用性、耐腐蚀性和轻质特性而闻名。 FRP 是一种复合材料,将聚合物基体与增强纤维(通常是玻璃或碳)结合在一起。玻璃钢冷却水塔因其能够承受恶劣的环境条件和腐蚀性化学物质的能力而被广泛应用于各个行业。维护要求低且使用寿命长,使其成为经济高效的选择。 FRP 可为广泛的应用提供可靠的冷却解决方案。
化学
暖通空调
石化和石油天然气
发电
食品和饮料
其他的
发电主导市场
该报告根据最终用户对市场进行了详细的细分和分析。这包括化学、暖通空调、石化和石油和天然气、发电、食品和饮料等。报告称,发电是最大的部分。
发电依靠冷却水塔来散发发电过程中产生的热量。无论是在煤炭、天然气、核能或再生能源厂中,冷却水塔都是维持安全运作温度不可或缺的一部分。它们高效的排热能力对于确保发电厂的持续可靠运作至关重要。全球电力需求不断增长,推动了发电业对冷却水塔的需求。
北美洲
美国
加拿大
亚太地区
中国
日本
印度
韩国
澳洲
印尼
其他的
欧洲
德国
法国
英国
义大利
西班牙
俄罗斯
其他的
拉丁美洲
巴西
墨西哥
其他的
中东和非洲
亚太地区引领市场,占据最大的冷却水塔市场份额
该报告还对所有主要区域市场进行了全面分析,其中包括北美(美国和加拿大);亚太地区(中国、日本、印度、韩国、澳洲、印尼等);欧洲(德国、法国、英国、义大利、西班牙、俄罗斯等);拉丁美洲(巴西、墨西哥等);以及中东和非洲。报告称,亚太地区是冷却水塔最大的区域市场。
在亚太地区,製造业和石化等各种工业活动正在推动对冷却水塔散热和维持营运效率的需求。除此之外,有利的政府措施正在促进市场成长。此外,蓬勃发展的发电产业,特别是在印度和中国,代表着该地区冷却水塔市场的近期机会。例如,印度气候与能源仪表板(ICED)表示,截至 2024 年 4 月 30 日,印度总电力装置容量为 442.77 吉瓦。
市场研究报告也对市场竞争格局进行了全面分析。也提供了所有主要公司的详细资料。冷却水塔产业的一些主要市场参与者包括 Babcock & Wilcox Enterprises Inc.、巴尔的摩空气盘管公司 (Amsted Industries Inc.)、Brentwood Industries Inc.、Delta Cooling Towers Inc.、ENEXIO Management GmbH、Hamon Corporation (Hamon) & Cie)、International Cooling Tower Inc.、Johnson Controls Inc.、SPX Cooling Technologies Inc.、Reymsa Cooling Towers Inc.、Thermal Care Inc. (IPEG Inc.) 和Thermax Limited (RDA Holdings Private Limited)。
(请注意,这只是关键参与者的部分列表,报告中提供了完整列表。)
市场上的主要参与者正在采取多项策略措施来保持竞争优势。这些倡议包括持续研究和开发 (R&D),以提高冷却水塔的效率和永续性,重点是采用先进材料和技术。此外,顶级企业正在透过併购 (M&A) 和合作伙伴关係扩大其全球影响力,以进入新兴市场、实现产品组合多元化并增加冷却水塔市场收入。此外,越来越重视提供客製化解决方案以满足发电、石化和资料中心等各行业的特定需求,这正在支持市场的成长。这种以客户为中心的方法使关键参与者能够应对独特的冷却挑战,并巩固其作为值得信赖的冷却解决方案提供者的市场地位。 2023 年 4 月 21 日,模组化蒸发冷却设备的全球领导者巴尔的摩空气盘管公司 (BAC) 在 AISTech 2023 上展示了其面向钢铁行业的创新冷却水塔解决方案套件。
2023 年2 月3 日:总部位于马里兰州的製造商巴尔的摩空气盘管公司(BAC) 展示了其CO2 (R744) 绝热冷凝器/气体冷却器,该冷却器广泛应用于跨临界CO2 (R744) 系统和绝热排热混合冷却解决方案空调、暖气、冷气博览会(AHR Expo)在乔治亚州亚特兰大的乔治亚世界会议中心(GWCC)举行。
2023 年 11 月 29 日:美卓推出了升级版蒸发冷却塔,这是一种高效的干气清洁解决方案,旨在透过蒸发冷却热炉废气。蒸发冷却水塔后方是热静电集尘器或袋式过滤器,可将气体从约 600-700 °C 冷却至约 200-350 °C。该塔干式运行,这意味着所有添加的水都被蒸发。
2023 年10 月19 日:全方位服务冷却水塔和风冷热交换器製造商SPX Cooling Tech 在斯普林菲尔德开设了一家製造工厂,创造了60 多个新就业机会,作为专注于SPX Cooling Tech 增量产能的资本计画的一部分美国製造的产品
The global cooling tower market size reached US$ 3.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2032, exhibiting a growth rate (CAGR) of 3.9% during 2024-2032. The market is experiencing steady growth driven by heightened energy costs and concerns associated with energy expenditure, rising adoption of sustainable measures in various industrial operations, and increasing integration of digital technologies and cloud computing.
Major Market Drivers: One of the key market drivers includes changing weather patterns. Moreover, there is an increase in the need to upgrade aging infrastructure, which is acting as a growth-inducing factor.
Key Market Trends: The rising focus on energy efficiency and industrial expansion are main trends in the market.
Geographical Trends: As per the report, Asia Pacific exhibits a clear dominance, accounting for the biggest market share due to the increasing need to dissipate heat and maintain operational efficiency, coupled with the thriving power generation sector.
Competitive Landscape: Numerous players in the cooling tower industry include Babcock & Wilcox Enterprises Inc., Baltimore Aircoil Company Inc. (Amsted Industries Inc.), Brentwood Industries Inc., Delta Cooling Towers Inc., ENEXIO Management GmbH, Hamon Corporation (Hamon & Cie), International Cooling Tower Inc., Johnson Controls Inc., SPX Cooling Technologies Inc., Reymsa Cooling Towers Inc., Thermal Care Inc. (IPEG Inc.), Thermax Limited (RDA Holdings Private Limited), among many others.
Challenges and Opportunities: Rising health and safety concerns among individuals, along with water scarcity or stringent water conservation regulations, are major market challenges. Nonetheless, the increasing focus on water conservation and recycling and integration of smart and connected technologies represent key opportunities in the market.
Rising Focus on Energy Efficiency
Organizations are emphasizing energy conservation due to rising energy costs. Cooling towers are essential as they dissipate heat produced by power production facilities, HVAC systems, and industrial operations. Innovative cooling towers are developed by manufacturers in response to the increasing need for economical and eco-friendly solutions. Market players are developing cutting-edge systems by using superior materials and technology to maximize energy efficiency. Furthermore, cooling towers equipped with variable frequency drives (VFDs) can modify fan speeds in accordance with the cooling load, leading to energy savings. Additionally, by reducing water use while preserving thermal performance, hybrid cooling towers offer greater efficiency. As businesses seek to reduce their carbon footprint and operating expenses, the energy-efficient cooling tower demand increases. On 20 March 2023, Babcock & Wilcox (B&W) announced that its B&W Environmental business segment has been awarded a contract for more than US$ 9 Million to design and supply two cooling systems for a clean hydrogen production facility in the Middle East. B&W Environmental will supply two SPIG(R) fiberglass-reinforced polymer (FRP) cooling towers to provide efficient and low-emissions cooling for a plant that will use renewable energy sources to produce hydrogen.
Industrial expansion
The expansion of industrial activities, particularly in emerging economies, is propelling the cooling tower market growth. Effective cooling systems are essential for a variety of industries including data centers, manufacturing, petrochemicals, and power production, in order to preserve both product quality and operational effectiveness. Emerging economies are experiencing rapid industrialization and urbanization, leading to increased demand for electricity, manufactured goods, and infrastructure. Efficient cooling solutions are required to disperse surplus heat produced during production operations and power generation. Cooling towers play a crucial role in maintaining continuous operations in industrial facilities by controlling the temperature. In addition, the growing complexity in the data center sector brought by the digital technologies and cloud computing is accelerating the need for cooling solutions that can manage heat loads produced by high-density servers. The IMARC Group predicts that the global data center market size will hit US$ 461.8 Billion by 2032.
Stringent environmental regulations
Governing agencies of various countries are implementing stringent environmental regulations related to water conservation and emissions control, which is offering a positive cooling tower market outlook. They are mandating rigorous standards to address water scarcity and curb emissions of pollutants including volatile organic compounds (VOCs). Cooling towers are linked to these regulations due to their water-intensive nature. To comply with water conservation mandates, cooling tower manufacturers are developing innovative solutions such as dry cooling towers, which assist in reducing water consumption as compared to traditional evaporative cooling systems. These water-saving technologies not only help industries meet regulatory requirements but also contribute to sustainability efforts. Furthermore, emissions control regulations aim to minimize the release of harmful pollutants into the atmosphere. Cooling towers can contribute to air quality challenges through the emission of particulate matter and other substances. To address this concern, modern cooling towers are equipped with advanced filtration systems and air quality controls to ensure compliance with emission standards. On 28 November 2023, Hydroleap announced a strategic partnership with IX Technology (IXT), a leading Singapore-based provider of data center mechanical and electrical (M&E) infrastructure solutions. This is aimed at transforming water management in cooling towers and allowing organizations in the data center industry to reduce water consumption, lower chemical use, bring down the carbon footprint, and improve regulatory compliance.
IMARC Group provides an analysis of the key trends in each segment of the market, along with cooling tower market forecast at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on tower type, flow type, design, construction material, and end-user.
Open-Circuit Cooling Towers
Closed-Circuit Cooling Towers
Hybrid Cooling Towers
Open-circuit cooling towers account for the majority of the market share
The report has provided a detailed breakup and analysis of the market based on the tower type. This includes open-circuit cooling towers, closed-circuit cooling towers, and hybrid cooling towers. According to the report, open-circuit cooling towers represented the largest segment.
The open design of open-circuit cooling towers permits direct contact between the process water and surrounding air, giving them their distinctive feature. Open-circuit cooling towers are employed in many different industrial applications, especially in the heavy manufacturing and power plant sectors. They are also well-known for being reasonably priced and excellent at dissipating substantial amounts of heat. They are dependent on a constant supply of water since evaporation occurs continuously.
Cross Flow
Counter Flow
Cross flow holds the largest share of the industry
A detailed breakup and analysis of the market based on the flow type have also been provided in the report. This includes cross flow and counter flow. According to the report, cross flow accounted for the largest market share.
Cross flow cooling towers are renowned for their small size and effective construction. They facilitate efficient heat exchange by having water and air flows that are perpendicular to one another. They are utilized in diverse industrial applications, including as small- to medium-sized industrial operations, commercial buildings, and HVAC systems. These towers have a reputation for being dependable and simple to maintain. Their cost-effectiveness is leading to their widespread acceptance, making them a preferred solution for sectors looking to balance cooling system affordability and performance.
Mechanical Draft Cooling Tower
Natural Draft Cooling Tower
Mechanical draft cooling tower represents the leading market segment
The report has provided a detailed breakup and analysis of the market based on the design. This includes mechanical draft cooling tower and natural draft cooling tower. According to the report, mechanical draft cooling tower represented the largest segment.
Mechanical draft cooling towers rely on mechanical components such as fans or blowers to create airflow through the tower, enhancing the heat exchange process. They are widely used across industries because of their flexibility and ability to maintain consistent performance even in variable environmental conditions. They offer precise control over airflow, making them suitable for applications with specific cooling requirements. They are commonly found in power plants, manufacturing facilities, and HVAC systems where efficient cooling is essential. The dominance of mechanical draft cooling towers can be attributed to their adaptability, reliability, and ability to deliver efficient thermal performance. On 21 August 2023, John Cockerill Hamon announced that it would build the world's largest induced draft cooling tower for the world's largest natural gas deposit in Qatar.
Fiber-Reinforced Plastic (FRP)
Steel
Concrete
Wood
High-Density Polyethylene (HDPE)
Others
Fiber-reinforced plastic (FRP) exhibits a clear dominance in the market
A detailed breakup and analysis of the market based on the construction material have also been provided in the report. This includes fiber-reinforced plastic (FRP), steel, concrete, wood, high-density polyethylene (HDPE), and others. According to the report, fiber-reinforced plastic (FRP) accounted for the largest market share.
Fiber-reinforced plastic (FRP) cooling towers are known for their durability, corrosion resistance, and lightweight properties. FRP is a composite material that combines a polymer matrix with reinforcing fibers, typically glass or carbon. FRP cooling towers are used across various industries on account of their ability to withstand harsh environmental conditions and aggressive chemicals. Their low maintenance requirements and long lifespan make them a cost-effective choice. FRP can provide reliable cooling solutions for a wide range of applications.
Chemical
HVAC
Petrochemicals and Oil and Gas
Power Generation
Food and Beverages
Others
Power generation dominates the market
The report has provided a detailed breakup and analysis of the market based on the end-user. This includes chemical, HVAC, petrochemicals and oil and gas, power generation, food and beverages, and others. According to the report, power generation represented the largest segment.
Power generation relies on cooling towers to dissipate the heat generated during electricity production. Whether in coal, natural gas, nuclear, or renewable energy plants, cooling towers are integral for maintaining safe operating temperatures. Their efficient heat removal capabilities are essential for ensuring the continuous and reliable operation of power plants. The need for cooling towers in the power generation sector is driven by the growing need for electricity worldwide.
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Asia Pacific leads the market, accounting for the largest cooling tower market share
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represents the largest regional market for cooling tower.
In the Asia Pacific region, various industrial activities like manufacturing and petrochemicals are driving the demand for cooling towers to dissipate heat and maintain operational efficiency. Besides this, favorable government initiatives are bolstering the market growth. In addition, the thriving power generation industry, particularly in India and China, represent cooling tower market recent opportunities in the region. For instance, the India Climate and Energy Dashboard (ICED) stated that the total power installed capacity recorded 442.77 GW as of 30 April 2024 in India.
The research market report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the cooling tower industry include Babcock & Wilcox Enterprises Inc., Baltimore Aircoil Company Inc. (Amsted Industries Inc.), Brentwood Industries Inc., Delta Cooling Towers Inc., ENEXIO Management GmbH, Hamon Corporation (Hamon & Cie), International Cooling Tower Inc., Johnson Controls Inc., SPX Cooling Technologies Inc., Reymsa Cooling Towers Inc., Thermal Care Inc. (IPEG Inc.), and Thermax Limited (RDA Holdings Private Limited).
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
Key players in the market are engaging in several strategic initiatives to maintain their competitive edge. These initiatives include continuous research and development (R&D) to enhance the efficiency and sustainability of cooling towers, with a focus on incorporating advanced materials and technologies. Additionally, top players are expanding their global presence through mergers and acquisitions (M&As) and partnerships to tap into emerging markets, diversify their product portfolios, and increase their cooling tower market revenue. Furthermore, the rising emphasis on providing customized solutions to meet the specific needs of various industries such as power generation, petrochemicals, and data centers is supporting the market growth. This customer-centric approach allows key players to address unique cooling challenges and strengthen their market position as trusted providers of cooling solutions. On 21 April 2023, Baltimore Aircoil Company (BAC), the global leader in modular evaporative cooling equipment, showcased its innovative suite of cooling tower solutions for the steel industry at AISTech 2023.
3 February 2023: Baltimore Aircoil Company (BAC), a Maryland-based manufacturer showcased its CO2 (R744) adiabatic condenser/gas cooler, which is widely used in transcritical CO2 (R744) systems and hybrid cooling solutions on adiabatic heat rejection at the International Air-Conditioning, Heating, Refrigeration Exposition (AHR Expo) that held at the Georgia World Congress Center (GWCC) in Atlanta, Georgia.
29 November 2023: Metso launched its upgraded Evaporative Cooling Tower, an efficient dry gas cleaning solution designed to cool down hot furnace off-gases by means of evaporation. The evaporative cooling tower is followed by a hot electrostatic precipitator or a bag filter that cools the gas from about 600-700 °C to about 200-350 °C. The tower operates dry, meaning that all water added is evaporated.
On 19 October 2023: SPX Cooling Tech, a full-service cooling tower and air-cooled heat exchanger manufacturer, opened a manufacturing facility in Springfield, creating more than 60 new jobs as part of a capital plan focused on incremental capacity of SPX Cooling Tech products manufactured in the U.S.