Global Chillers Market
By End use industry (Plastics, Chemicals & Petrochemicals, Rubber), By Type (Scroll Chillers, Centrifugal Chillers, Screw Chillers), By Region (North America, South America, Europe, Asia Pacific, Middle East and Africa and Rest of World).
Market Overview:
The Global Chillers Market was valued at USD 8.80 billion in 2016 and is projected to reach USD 12.63 billion by 2025, growing at a CAGR of 4.10% from 2017 to 2025.
Chillers are used in the industrial sector to maintain equipment temperature for better performance. They are refrigeration devices used to cool raw materials, fluid streams, as well as food and beverages. They are very durable, efficient and have a low environmental impact. Players have adopted product launch and expansion as their key strategies to increase their market share.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 High demand for process cooling in industrial applications.
1.2 High usage of chillers in solar cooling applications.
Market Restraints
2.1 Very slow growth of chillers in Europe and North America.
Market segmentation
The Global Chillers Market is segmented on the basis of End use industry, Type and Region.
1. By End Use Industry.
1.1 Plastics
1.2 Chemicals & Petrochemicals
1.3 Rubber
1.4 Food & Beverage
1.5 Medical & Pharmaceutical
1.6 Others.
2. By Type:
2.1 Scroll Chillers
2.1.1 Air-Cooled Scroll Chillers
2.1.2 Water-Cooled Scroll Chillers
2.2 Centrifugal Chillers
2.2.1 Centrifugal Air-Cooled Chiller
2.2.2 Centrifugal Water-Cooled Chillers
2.3 Screw Chillers
2.3.1 Air-Cooled Screw Chillers
2.3.2 Water-Cooled Screw Chillers
2.4 Reciprocating Chillers
2.4.1 Air-Cooled Reciprocating Chillers
2.4.2 Water-Cooled Reciprocating Chillers
2.5 Absorption Chillers
2.5.1 Steam Absorption Chillers
2.5.2 Direct Fired Absorption Chillers
2.5.3 Hot Water Absorption Chillers
3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Middle East and Africa
3.5 Latin America
3.6 Rest of World.
Competitive Landscape:
The major players in the market are as follows:
1. Daikin Industries, Ltd.
2. Carrier Corporation
3. Johnson Controls - Hitachi Air Conditioning
4. Trane
5. Smardt Chiller Group Inc.
6. Broad Group
7. GEA Group
8. Dunham Bush
9. Thermax Limited
10. Midea Group Co., Ltd.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Chillers Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL CHILLERS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL CHILLERS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL CHILLERS MARKET BY END USE INDUSTRY:
5.1 Overview
5.2 Plastics
5.3 Chemicals & Petrochemicals
5.4 Rubber
5.5 Food & Beverage
5.6 Medical & Pharmaceutical
5.7 Others.
6 GLOBAL CHILLERS MARKET BY TYPE:
6.1 Overview
2.1 Scroll Chillers
2.1.1 Air-Cooled Scroll Chillers
2.1.2 Water-Cooled Scroll Chillers
2.2 Centrifugal Chillers
2.2.1 Centrifugal Air-Cooled Chiller
2.2.2 Centrifugal Water-Cooled Chillers
2.3 Screw Chillers
2.3.1 Air-Cooled Screw Chillers
2.3.2 Water-Cooled Screw Chillers
2.4 Reciprocating Chillers
2.4.1 Air-Cooled Reciprocating Chillers
2.4.2 Water-Cooled Reciprocating Chillers
2.5 Absorption Chillers
2.5.1 Steam Absorption Chillers
2.5.2 Direct Fired Absorption Chillers
2.5.3 Hot Water Absorption Chillers
7 GLOBAL CHILLERS MARKET BY GEOGRAPHY
7.1 Overview
7.2 North America Regional Market Estimates and Forecasts, 2012 - 2025
7.2.1 U.S.
7.2.2 Canada
7.2.3 Mexico
7.3 Europe Regional Market Estimates and Forecasts, 2012 - 2025
7.3.1 Germany
7.3.2 U.K.
7.3.3 France
7.3.4 Rest of Europe
7.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 - 2025
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Latin America Regional Market Estimates and Forecasts, 2012 - 2025
7.5.1 Brazil
7.5.2 Argentina
7.6 Rest of the World Regional Market Estimates and Forecasts, 2012 - 2025
8 GLOBAL CHILLERS MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company Market Share
8.3 Vendor Landscape
8.4 Key Development Strategies
9 COMPANY PROFILES
9.1 Daikin Industries, Ltd.
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2 Carrier Corporation
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3 Johnson Controls - Hitachi Air Conditioning
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 Trane
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments
9.5 Smardt Chiller Group Inc.
9.5.1 Overview
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments
9.6 Broad Group
9.6.1 Overview
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Developments
9.7 GEA Group
9.7.1 Overview
9.7.2 Financial Performance
9.7.3 Product Outlook
9.7.4 Key Developments
9.8 Dunham Bush
9.8.1 Overview
9.8.2 Financial Performance
9.8.3 Product Outlook
9.8.4 Key Developments
9.9 Thermax Limited
9.9.1 Overview
9.9.2 Financial Performance
9.9.3 Product Outlook
9.9.4 Key Developments
9.10 Midea Group Co., Ltd.
9.10.1 Overview
9.10.2 Financial Performance
9.10.3 Product Outlook
9.10.4 Key Developments
10 Appendix
10.1 Related Reports
The Industrial Chillers for Lasers Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manu...
Executive Summary
Azoth Analytics has released a research report titled "Global Cold Chain Equipment Market (2024 Edition)" which provides a complete analysis of the Global Cold Chain Equipment market in terms of market segmentation By Equipment Type (Refrigerators, Deep Freezers & Reef...
The global Laboratory Chillers & Circulators market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market pl...
The global Laboratory Chillers market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this ...
The global Air Chillers market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field e...
The global Galley Air Chillers market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this ...
The global Water Recirculating Chillers market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players...
The global Commercial Chillers market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this ...
The global Water Cooled Chillers market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in thi...
The global Water-Cooled Centrifugal Chillers market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market pl...