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Research Reports


Seawater Cooling System Market: Introduction

  • Seawater cooling system utilizes the cold water available deep in the ocean, river, or lake in order to replace conventional air conditioning and cooling systems, either on a ship or in an establishment
  • In vessels or ships, seawater is majorly utilized as a cooling media for engines. Seawater is used as a coolant for heat exchangers in a central cooling system of a vessel or ship. However, freshwater is also used to cool the engine room equipment. Freshwater is further cooled by seawater in the heat exchanger after cooling the engine.
  • The central cooling system can be categorized into low-temperature circuit and high-temperature circuit. In a low-temperature circuit, freshwater is cooled by a seawater cooler, while in a high-temperature circuit, freshwater is used to cool the engine room.
  • The seawater cooling system is also utilized for district cooling systems in order to provide air conditioning and cold water to residential, commercial, and industrial buildings. High operational costs associated with chillers in a district cooling plant can be reduced by employing the cold water of oceans, rivers, or lakes.

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Key Drivers of Global Seawater Cooling System Market

  • Increase in demand for energy-efficient technologies across the globe is likely to boost the seawater cooling system market during the forecast period. Rapid increase in demand for energy and awareness about energy conservation has resulted in a shift toward adoption of energy-efficient technologies across the globe. The seawater cooling system saves around 90% of the total energy consumed for conventional air conditioning systems. It reduces the dependence upon fossil fuels and subsequently, helps reduce air pollution and global warming. Thus, increase in the demand for energy-efficiency technologies is anticipated to drive the global seawater cooling system market during the forecast period.
  • Advantages offered by the seawater cooling system over conventional air conditioning is also a key factor that is expected to drive the global seawater cooling system market during the forecast period. The seawater cooling system has relatively shorter payback period as compared to that of chillers based system. The seawater cooling system also has lower operational costs, as compared to that of modern chiller based plants, due to minimal to nil usage of electricity for cooling.

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Key Developments in Global Seawater Cooling System Market

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North America to Lead Global Seawater Cooling System Market

Key Players Operating in Global Market

Few of the key players operating in the global seawater cooling system market include:

  • Makai Ocean Engineering, Inc.
  • Kelvion Holding GmbH
  • Ocean Thermal Energy Corporation
  • Bardot Ocean
  • Bluerise

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