The global demand for Chillers Market is presumed to reach the market size of nearly USD 6.27 BN by 2030 from USD 4.48 BN in 2022 with a CAGR of 4.3% under the study period of 2023 - 2030. Regarding volume, the market was calculated XX Units in 2022 and forecast to touch XX Units by 2030 with a CAGR of XX% during 2023-2030.
Chillers are refrigeration systems or machines used to cool or lower the temperature of a fluid (usually water or a water-glycol mixture) and circulate it through a system to remove heat from various processes or equipment.
The Chillers market experiences robust growth driven by a multitude of factors spanning various industries and applications. An escalating demand for air conditioning systems, fueled by urbanization, higher disposable incomes, and climate concerns, highlights the market's expansion. Chillers play a pivotal role in these cooling systems. Industrial applications, including manufacturing, pharmaceuticals, and food processing, rely on chillers to maintain precise temperature control during production processes, safeguarding equipment from overheating. The proliferation of data centers, driven by the digital economy's surge, necessitates efficient cooling solutions to manage the substantial heat generated by servers and IT equipment. Energy efficiency remains a key driver as organizations seek to curtail operational costs and reduce environmental impacts. Chillers are engineered to meet rigorous energy efficiency standards. Stringent environmental regulations and sustainability initiatives promote eco-friendly refrigerants and responsible chiller systems. Additionally, replacement and upgrades of aging chillers to enhance efficiency and reliability stimulate demand for new installations. Healthcare, laboratories, food and beverage, and construction sectors, among others, further bolster the market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of chillers. The growth and trends of Chillers Industry provide a holistic approach to this study.
This section of the chillers market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
By Capacity
By End-Use Industry
This section covers the regional outlook, which accentuates current and future demand for the Chillers market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the chillers market include Daikin Industries (Japan), Carrier Corporation (US) Trane Technology (Ireland), Johnson Controls Hitachi Air Conditioning (Japan) Mitsubishi Electric Corporation (Japan, Samrdt Chiller Group Inc (Canada), KKT Chillers (Cermany) MIA.S.P.A (Italy), Friulair S.R.L (Italy), HYDAC International (Germany), Reynold India Pvt. Ltd (India). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . CHILLERS – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Type
3.7.2 Market Attractiveness Analysis By Capacity
3.7.3 Market Attractiveness Analysis By End-use Industry
3.7.4 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL CHILLERS MARKET ANALYSIS BY TYPE
5.1 Overview by Type
5.2 Historical and Forecast Data
5.3 Analysis by Type
5.4 Scroll Historic and Forecast Sales by Regions
5.5 Screw Historic and Forecast Sales by Regions
5.6 Centrifugal Historic and Forecast Sales by Regions
5.7 Reciprocating Historic and Forecast Sales by Regions
5.8 Absorption Historic and Forecast Sales by Regions
6 . GLOBAL CHILLERS MARKET ANALYSIS BY CAPACITY
6.1 Overview by Capacity
6.2 Historical and Forecast Data
6.3 Analysis by Capacity
6.4 >17.5 kW Historic and Forecast Sales by Regions
6.5 17.6-50 KW Historic and Forecast Sales by Regions
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