Report overview
A chiller is a machine that removes heat from a liquid via a vapor-compression or absorption refrigeration cycle. This liquid can then be circulated through a heat exchanger to cool equipment, or another process stream (such as air or process water).
This report aims to provide a comprehensive presentation of the global market for Chillers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Chillers. This report contains market size and forecasts of Chillers in global, including the following market information:
Global Chillers Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Chillers Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Chillers companies in 2022 (%)
The global Chillers market was valued at US$ 7511.8 million in 2022 and is projected to reach US$ 9898 million by 2029, at a CAGR of 4.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The global Chillers market was valued at US$ 7.62 billion in 2019.From 2018 to 2019, the growth rate of global chillers market slowed down, and major manufacturers further reduced product prices, maintained product coverage, and gradually increased product penetration. Due to the impact of the COVID-19 in 2020, the market experienced negative growth.Asia-Pacific is the largest market segment of Chiller, with a consumption market share nearly 39.62% in 2019, followed by Europe with a consumption market share nearly 27.12% in 2019.Commercial segment was estimated to account for the highest market share of 56.60% in 2019. Industrial segment held 43.40% of the market.Demand for Chillers is profoundly dependent on increase in investments in a region. Therefore, macroeconomic factors such as GDP growth are among major growth drivers for conveyor belt market. As a result of the past few years the world economy is not stable, and international economic situation is complicated, in the next few years there will be many uncertainties, and coupled with Chillers industry in short supply on the market in the past few years, more and more companies enter into Chillers industry, The signal of market price change indicates the trend in the Chillers industry, the current demand for Chillers product is Sustained growth.
We surveyed the Chillers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Chillers Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Chillers Market Segment Percentages, by Type, 2022 (%)
0?C to -29?C
-30?C to -49?C
-50?C to -99?C
-100?C or less
Others
Global Chillers Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Chillers Market Segment Percentages, by Application, 2022 (%)
Commercial
Industrial
Global Chillers Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Chillers Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Chillers revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Chillers revenues share in global market, 2022 (%)
Key companies Chillers sales in global market, 2018-2023 (Estimated), (Units)
Key companies Chillers sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Trane
Johnson Controls - Hitachi
Carrier
Mitsubshi
LG Electronics
Daikin
DunAn
Dunham-Bush
TICA
Bosch
Ebara
Smardt?Chiller?Group
Parker Hannifin
Dimplex Thermal Solutions
Outline of Major Chapters:
Chapter 1: Introduces the definition of Chillers, market overview.
Chapter 2: Global Chillers market size in revenue and volume.
Chapter 3: Detailed analysis of Chillers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Chillers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Chillers capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
