Chillers Global Market Report 2024

Chillers Global Market Report 2024 – By Product Type (Air Cooled Chiller, Water Cooled Chiller), By Power Range (Less than 50 kW, 50-200 kW, More than 200 kW), By Compressor Type (Screw Chillers, Centrifugal Chillers, Absorption Chillers, Reciprocating Chillers), By End User (Commercial, Industrial, Residential) – Market Size, Trends, And Global Forecast 2024-2033

Name: Chillers Global Market Report 2024
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Chillers Global Market Report 2024

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Chillers Market Definition

The chillers are used for controlled cooling. Chillers are defined as refrigeration system that is used to lower the temperatures of process fluids, machinery, and others by removing heat from them and transferring it to other spaces. Chillers are mainly essential for regulating and maintaining the temperatures in various industries.

The main product types of chillers are air cooled chiller and water-cooled chiller. The air-cooled chillers are used in commercial and industrial facilities. Air-cooled chillers work by absorbing heat from process water and transferring it to cool fluids and dehumidify air. The various power range of chillers are less than 50 kW, 50-200 kW and more than 200 kW. Various chillers by compressor type include screw chillers, centrifugal chillers, absorption chillers. and reciprocating chillers. Chillers are mainly used in commercial, industrial and residential spaces.

Chillers Market Segmentation

The chillers market covered in this report is segmented –

1) By Product Type: Air Cooled Chiller, Water Cooled Chiller

2) By Power Range: Less than 50 kW, 50-200 kW, More than 200 kW

3) By Compressor Type: Screw Chillers, Centrifugal Chillers, Absorption Chillers, Reciprocating Chillers

4) By End User: Commercial, Industrial, Residential

Global Chillers Market Size 2023 to 2028: Graph

Chillers Market Size 2024 And Growth Rate

The chillers market size has grown steadily in recent years. It will grow from $9.04 billion in 2023 to $9.43 billion in 2024 at a compound annual growth rate (CAGR) of 4.3%. The growth in the historic period can be attributed to growth in industrial and commercial construction, expansion of hvacr systems in residential and commercial buildings, adoption of process cooling in industrial applications, increased in demand for air conditioning and refrigeration, focus on energy efficiency and sustainable cooling solutions.

Chillers Market Growth Forecast

The chillers market size is expected to see strong growth in the next few years. It will grow to $11.68 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to urbanization and growth of megacities driving demand for cooling solutions, expansion of data centers and it infrastructure, adoption of chillers in food and beverage processing, demand for district cooling systems in urban developments, market growth in developing economies and emerging markets. Major trends in the forecast period include transition to low-gwp refrigerants, integration with smart building systems, modular and scalable chiller systems, heat recovery chillers for cogeneration, use of advanced controls and predictive analytics.

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Chillers Market Driver: Chillers Market Thrives With The Surge In Commercial Construction And Smart Building Technologies

The rise in new commercial construction buildings is expected to propel the growth of the chillers market. The commercial buildings use chillers to remove heat from the air and help in achieving a proper temperature control. Smart commercial buildings are incorporating smart technologies, such as occupancy sensors, smart thermostats, and HVAC and lighting controls help reduce energy usage in unoccupied offices, conference rooms, and other spaces. For instance, according to The American Council for an Energy Efficient Economy (ACEEE), technologies used in smart building can reduce 18% energy consumption for HVAC systems, 28% for plugged equipment and 33% for lighting. Therefore, the rise in new commercial construction buildings is expected to create opportunities for various players involved in the chillers market.

Chillers Market Driver: The Growing Food And Beverage Industry Fuels Chillers Market Growth

The growing food and beverage industry is expected to boost the growth of the chillers market going forward. The food and beverage industry encompasses businesses involved in the production, distribution, and sale of edible goods and drinks, ranging from agriculture and manufacturing to restaurants and cafes. Chillers are crucial in the food and beverage industry for maintaining precise temperatures during food processing, storage, and transportation, ensuring product safety and quality. For instance, in 2023, according to the Food and Drink Federation, a UK-based organization representing and advising UK food and drink manufacturers, the exports of food and drink experienced a substantial 31% increase in 2022 compared to 2021. Furthermore, the food and beverage industry boasted a remarkable turnover of $10.84 billion (£10.3 billion) in 2022, contributing to 33% of the total manufacturing output in Scotland. Therefore, the growing food and beverage industry is driving the growth of the food chillers market.

Global Chillers Market Major Players

Major companies operating in the chillers market include Carrier Corporation, Daikin Industries Ltd., Trane Technologies plc, Hitachi Air Conditioning Company Ltd., Johnson Controls International plc, Thermax Limited, Smardt Chiller Group Inc., Mitsubishi Electric Corporation, Midea Group Co. Ltd., LG Electronics Inc., Reynold India Pvt. Ltd., Dimplex Thermal Solutions, Dunham-Bush Ltd., Frigel Firenze SpA, Friulair S.R.L., HYDAC International GmbH, Thermal Care Inc., SKM Air Conditioning, Meccanotecnica Applicata S.r.l., KKT Chillers, Glen Dimplex Thermal Solutions, Delta T Systems Inc., Chase Cooling Systems, TopChiller, CAREL UK Ltd., Thermo Fisher Scientific Inc., Thermionics Corporation, Welkin Solutions, Frost Italy S.r.l., Cold Shot Chillers, York International Corporation, McQuay International, Multistack LLC, Airedale International Air Conditioning Ltd., Blue Star Limited, Gesellschaft für Entstaubungsanlagen Group AG, Danfoss A/S, Climaveneta S.p.A., Lennox International Inc.

Global Chillers Market Trend: Increasing Focus On Developing Energy-Efficient Water Chillers To Gain A Competitive Edge

Major companies operating in the chillers market are focused on developing energy-efficient water chillers to gain a competitive edge in the market. Energy-efficient water chillers help reduce energy consumption and operational costs in cooling systems by efficiently cooling water for various applications. For instance, in March 2023, Atlas Copco Compressors LLC, a US- provider of sustainable productivity solutions, introduced its TCA water chiller range, which comprises four distinct configurations. This product line has patented adiabatic pre-cooling system and an integrated free-cooling section. The flagship model, TCA55-215, is a plug-and-play industrial water chiller available in four variations, offering cooling capacities ranging from 55 to 228 kW. These units come equipped with a range of innovative features, all aimed at maximizing energy efficiency, ensuring operational safety, and simplifying the installation and maintenance processes while also being cost-effective.

Global Chillers Market Trend: Increasing Focus On Developing Gas And Electric Hybrid Chillers To Gain A Competitive Edge

Major companies operating in the chillers market are focused on developing innovative chillers gas and electric hybrid chillers to gain a competitive edge in the market. Gas and electric hybrid chillers combine natural gas and electricity for cooling applications, offering energy efficiency and flexibility in managing cooling loads. For instance, in January 2023, Tecogen Inc., a US-based manufacturer of combined heat and power products, launched a gas and electric hybrid chiller called the Tecochill Hybrid-Drive air-cooled chiller. This chiller has been engineered to seamlessly integrate two energy sources, cost-effective natural gas and electricity from the grid. The hybrid drive technology implemented in this chiller enables efficient output adjustment, akin to a traditional variable frequency drive (VFD) chiller, all while maintaining significantly reduced operational expenses.

Chillers Market Merger And Acquisition: Piovan Group Acquired Ipeg Inc.

In January 2022, Piovan Group, an Italy-based company offering chillers through its subsidiary Aquatech completed acquisition of IPEG, Inc., for appromately $125 million. Under this deal, Piovan has acquired 100% of the outstanding shares of Ipeg, with the four brands Conair, Thermalcare, Pelletron and Republic Machine. The deal will help Piovan to gain a market of its “formidable customer base” in North America, and expands the production capacity in India and also in US to produce chillers. IPEG, Inc. is a US-based company engaged in industrial chiller manufacturing having operations and subsidiaries in the US, India, Mexico, Germany, China, Taiwan and Singapore.

Regional Outlook For The Global Chillers Market

Asia-Pacific was the largest region in the Chillers market in 2023. The regions covered in the chillers market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the chillers market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The chillers market consists of sales of condenser, compressor, evaporator, expansion valves. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The Chillers Global market research report is one of a series of new reports from The Business Research Company that provides Chillers Global market statistics, including Chillers Global industry global market size, regional shares, competitors with a Chillers Global market share, detailed Chillers Global market segments, market trends and opportunities, and any further data you may need to thrive in the Chillers Global industry. This Chillers Global market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Chillers Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$9.43 billion
Revenue Forecast In 2033	$11.68 billion
Growth Rate	CAGR of 5.5% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Product Type: Air Cooled Chiller, Water Cooled Chiller 2) By Power Range: Less than 50 kW, 50-200 kW, More than 200 kW 3) By Compressor Type: Screw Chillers, Centrifugal Chillers, Absorption Chillers, Reciprocating Chillers 4) By End User: Commercial, Industrial, Residential
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Carrier Corporation; Daikin Industries Ltd.; Trane Technologies plc; Hitachi Air Conditioning Company Ltd.; Johnson Controls International plc; Thermax Limited; Smardt Chiller Group Inc.; Mitsubishi Electric Corporation; Midea Group Co. Ltd.; LG Electronics Inc.; Reynold India Pvt. Ltd.; Dimplex Thermal Solutions; Dunham-Bush Ltd.; Frigel Firenze SpA; Friulair S.R.L.; HYDAC International GmbH; Thermal Care Inc.; SKM Air Conditioning; Meccanotecnica Applicata S.r.l.; KKT Chillers; Glen Dimplex Thermal Solutions; Delta T Systems Inc.; Chase Cooling Systems; TopChiller; CAREL UK Ltd.; Thermo Fisher Scientific Inc.; Thermionics Corporation; Welkin Solutions; Frost Italy S.r.l.; Cold Shot Chillers; York International Corporation; McQuay International; Multistack LLC; Airedale International Air Conditioning Ltd.; Blue Star Limited; Gesellschaft für Entstaubungsanlagen Group AG; Danfoss A/S; Climaveneta S.p.A.; Lennox International Inc.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Chillers Market Characteristics

3. Chillers Market Trends And Strategies

4. Chillers Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Chillers Market Size and Growth

5.1. Global Chillers Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Chillers Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Chillers Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Chillers Market Segmentation

6.1. Global Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Air Cooled Chiller

Water Cooled Chiller

6.2. Global Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Less than 50 kW

50-200 kW

More than 200 kW

6.3. Global Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Screw Chillers

Centrifugal Chillers

Absorption Chillers

Reciprocating Chillers

6.4. Global Chillers Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Commercial

Industrial

Residential

7. Chillers Market Regional And Country Analysis

7.1. Global Chillers Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Chillers Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Chillers Market

8.1. Asia-Pacific Chillers Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Chillers Market

9.1. China Chillers Market Overview

9.2. China Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Chillers Market

10.1. India Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Chillers Market

11.1. Japan Chillers Market Overview

11.2. Japan Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Chillers Market

12.1. Australia Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Chillers Market

13.1. Indonesia Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Chillers Market

14.1. South Korea Chillers Market Overview

14.2. South Korea Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Chillers Market

15.1. Western Europe Chillers Market Overview

15.2. Western Europe Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Chillers Market

16.1. UK Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Chillers Market

17.1. Germany Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Chillers Market

18.5. France Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.6. France Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.7. France Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Chillers Market

19.9. Italy Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.10. Italy Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.11. Italy Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Chillers Market

20.13. Spain Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.14. Spain Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.15. Spain Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Chillers Market

21.1. Eastern Europe Chillers Market Overview

21.2. Eastern Europe Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Chillers Market

22.1. Russia Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Chillers Market

23.1. North America Chillers Market Overview

23.2. North America Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Chillers Market

24.1. USA Chillers Market Overview

24.2. USA Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Chillers Market

25.1. Canada Chillers Market Overview

25.2. Canada Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Chillers Market

26.1. South America Chillers Market Overview

26.2. South America Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Chillers Market

27.1. Brazil Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Chillers Market

28.1. Middle East Chillers Market Overview

28.2. Middle East Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Chillers Market

29.1. Africa Chillers Market Overview

29.2. Africa Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Chillers Market Competitive Landscape And Company Profiles

30.1. Chillers Market Competitive Landscape

30.2. Chillers Market Company Profiles

30.2.1. Carrier Corporation

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Daikin Industries Ltd.

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Trane Technologies plc

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Hitachi Air Conditioning Company Ltd.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Johnson Controls International plc

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Chillers Market Competitive Benchmarking

32. Global Chillers Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Chillers Market

34. Chillers Market Future Outlook and Potential Analysis

34.1 Chillers Market In 2028 - Countries Offering Most New Opportunities

34.2 Chillers Market In 2028 - Segments Offering Most New Opportunities

34.3 Chillers Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Chillers Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Chillers Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Chillers Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Carrier Corporation Financial Performance

Table 76: Daikin Industries Ltd. Financial Performance

Table 77: Trane Technologies plc Financial Performance

Table 78: Hitachi Air Conditioning Company Ltd. Financial Performance

Table 79: Johnson Controls International plc Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Chillers Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Chillers Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Chillers Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Chillers Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Chillers Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Chillers Market, Segmentation By Compressor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Carrier Corporation Financial Performance

Figure 76: Daikin Industries Ltd. Financial Performance

Figure 77: Trane Technologies plc Financial Performance

Figure 78: Hitachi Air Conditioning Company Ltd. Financial Performance

Figure 79: Johnson Controls International plc Financial Performance

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Frequently Asked Questions

What is the definition of the chillers market?

How will the chillers market drivers and restraints affect the chillers market dynamics? What forces will shape the chillers industry going forward?

The chillers market major growth driver - Chillers Market Thrives With The Surge In Commercial Construction And Smart Building Technologies. For further insights on the chillers market, request a sample here

What is the forecast market size or the forecast market value of the chillers market?

The chillers market size has grown steadily in recent years. It will grow from $9.04 billion in 2023 to $9.43 billion in 2024 at a compound annual growth rate (CAGR) of 4.3%. The growth in the historic period can be attributed to growth in industrial and commercial construction, expansion of hvacr systems in residential and commercial buildings, adoption of process cooling in industrial applications, increased in demand for air conditioning and refrigeration, focus on energy efficiency and sustainable cooling solutions. The chillers market size is expected to see strong growth in the next few years. It will grow to $11.68 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to urbanization and growth of megacities driving demand for cooling solutions, expansion of data centers and it infrastructure, adoption of chillers in food and beverage processing, demand for district cooling systems in urban developments, market growth in developing economies and emerging markets. Major trends in the forecast period include transition to low-gwp refrigerants, integration with smart building systems, modular and scalable chiller systems, heat recovery chillers for cogeneration, use of advanced controls and predictive analytics. For further insights on the chillers market, request a sample here

How is the chillers market segmented?

The chillers market is segmented
1) By Product Type: Air Cooled Chiller, Water Cooled Chiller
2) By Power Range: Less than 50 kW, 50-200 kW, More than 200 kW
3) By Compressor Type: Screw Chillers, Centrifugal Chillers, Absorption Chillers, Reciprocating Chillers
4) By End User: Commercial, Industrial, ResidentialFor further insights on the chillers market, request a sample here

Which region has the largest share of the chillers market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the Chillers market in 2023. The regions covered in the chillers market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the chillers market, request a sample here.

Who are the major players in the chillers market?

What are the key trends in the chillers market?

Major trend in the chillers market - Increasing Focus On Developing Energy-Efficient Water Chillers To Gain A Competitive Edge. For further insights on the chillers market, request a sample here.

What are the major opportunities in the chillers market? What are the strategies for the chillers market?

For detailed insights on the major opportunities and strategies in the chillers market, request a sample here.

How does the chillers market relate to the overall economy and other similar markets?

For detailed insights on chillers market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the chillers industry?

For detailed insights on the mergers and acquisitions in the chillers industry, request a sample here.

What are the key dynamics influencing the chillers market growth? SWOT analysis of the chillers market.

For detailed insights on the key dynamics influencing the chillers market growth and SWOT analysis of the chillers industry, request a sample here.