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Global Chillers Market Size study & Forecast, by Type (Screw Chillers, Scroll Chillers, Centrifugal Chillers, Absorption Chillers, Reciprocating Chillers) By End-use Industry (Plastic, Food & Beverage, Chemical & Petrochemical, Rubber, Medical & Pharmaceutical) and Regional Analysis, 2022-2029

February 2023 | 200 pages | ID: GD2409FCE27DEN
Bizwit Research & Consulting LLP

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Global Chillers Market is valued approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. In the industrial sector, chillers are generally used to control equipment temperature and maintain the atmosphere cool. Compressors, evaporators, condensers, controllers, power panels, and expansion valves are a few of the parts of chillers. Chillers lower the temperature rooms by removing heat from industrial and commercial structures. The chiller are widely used in food and beverages, petrochemical and pharmaceutical industries. The key factor driving the market growth is rising consumption of frozen and processed food, increasing infrastructure development, and growing demand in petrochemical and pharmaceutical industry that anticipated to support the market growth.

Frozen and processed food consumption has increased around the globe as a result of a number of causes, including convenience, rising disposable income, changing lifestyle, etc. Thus, the rising demand for frozen food is anticipated to create the lucrative demand for the market. For instance, according to Statista, in 2020, the frozen food sales in Germany were valued over USD 13,850 million, and are anticipated to reach USD 19,464 million by 2026. Further, rapid industrialization coupled with technological advancements creating growth opportunity in the market. However, the high initial setup cost impedes the growth of the market over the forecast period of 2022-2029.

The key regions considered for the Global Chillers Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is the leading/significant region across the world in terms of market share owing to presence of huge HVAC industries. Furthermore, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2022-2029. Factors such increasing industrial activity coupled with heavy investments across industries such as chemical & petrochemical, plastic, and food & beverage would create lucrative growth prospects for the Chillers market across Asia-Pacific region.

Major market player included in this report are:
Daikin Industries, Ltd.
Carrier Corporation
Trane
Johnson Controls – Hitachi Air Conditioning
Smardt Chiller Group Inc.
Broad Group
Dunham Bush
GEA Group
Midea Group Co., Ltd.
Thermax Limited

Recent Developments in the Market:
In March 2022, Daikin announced the launch of Navigator, a screw compressor water-cooled chiller designed with variable volume ratio technology. The Navigator provides the power of efficiencies that satisfy ASHRAE 90.1-2016 requirements and IPLV as low as 0.36 thanks to Daikin's Applied innovation, VVR technology, and water-cooled technology.

Global Chillers Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, End-use Industry, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Screw Chillers
Scroll Chillers
Centrifugal Chillers
Absorption Chillers
Reciprocating Chillers
By End-use Industry:
Plastic
Food & Beverage
Chemical & Petrochemical
Rubber
Medical & Pharmaceutical

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
  1.2.1. Chillers Market, by Region, 2019-2029 (USD Billion)
  1.2.2. Chillers Market, by Type, 2019-2029 (USD Billion)
  1.2.3. Chillers Market, by End-use Industry, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL CHILLERS MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL CHILLERS MARKET DYNAMICS

3.1. Chillers Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Rising consumption of frozen and processed food
    3.1.1.2. Growing demand in petrochemical and pharmaceutical industry
  3.1.2. Market Challenges
    3.1.2.1. High initial setup cost
  3.1.3. Market Opportunities
    3.1.3.1. Technological Advancement in chillers

CHAPTER 4. GLOBAL CHILLERS MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL CHILLERS MARKET, BY TYPE

6.1. Market Snapshot
6.2. Global Chillers Market by Type, Performance - Potential Analysis
6.3. Global Chillers Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Chillers Market, Sub Segment Analysis
  6.4.1. Screw Chillers
  6.4.2. Scroll Chillers
  6.4.3. Centrifugal Chillers
  6.4.4. Absorption Chillers
  6.4.5. Reciprocating Chillers

CHAPTER 7. GLOBAL CHILLERS MARKET, BY END-USE INDUSTRY

7.1. Market Snapshot
7.2. Global Chillers Market by End-use Industry, Performance - Potential Analysis
7.3. Global Chillers Market Estimates & Forecasts by End-use Industry 2019-2029 (USD Billion)
7.4. Chillers Market, Sub Segment Analysis
  7.4.1. Plastic
  7.4.2. Food & Beverage
  7.4.3. Chemical & Petrochemical
  7.4.4. Rubber
  7.4.5. Medical & Pharmaceutical

CHAPTER 8. GLOBAL CHILLERS MARKET, REGIONAL ANALYSIS

8.1. Chillers Market, Regional Market Snapshot
8.2. North America Chillers Market
  8.2.1. U.S. Chillers Market
    8.2.1.1. Type breakdown estimates & forecasts, 2019-2029
    8.2.1.2. End-use Industry breakdown estimates & forecasts, 2019-2029
  8.2.2. Canada Chillers Market
8.3. Europe Chillers Market Snapshot
  8.3.1. U.K. Chillers Market
  8.3.2. Germany Chillers Market
  8.3.3. France Chillers Market
  8.3.4. Spain Chillers Market
  8.3.5. Italy Chillers Market
  8.3.6. Rest of Europe Chillers Market
8.4. Asia-Pacific Chillers Market Snapshot
  8.4.1. China Chillers Market
  8.4.2. India Chillers Market
  8.4.3. Japan Chillers Market
  8.4.4. Australia Chillers Market
  8.4.5. South Korea Chillers Market
  8.4.6. Rest of Asia Pacific Chillers Market
8.5. Latin America Chillers Market Snapshot
  8.5.1. Brazil Chillers Market
  8.5.2. Mexico Chillers Market
  8.5.3. Rest of Latin America Chillers Market
8.6. Rest of The World Chillers Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Top Market Strategies
9.2. Company Profiles
  9.2.1. Daikin Industries, Ltd.
    9.2.1.1. Key Information
    9.2.1.2. Overview
    9.2.1.3. Financial (Subject to Data Availability)
    9.2.1.4. Product Summary
    9.2.1.5. Recent Developments
  9.2.2. Carrier Corporation
  9.2.3. Trane
  9.2.4. Johnson Controls – Hitachi Air Conditioning
  9.2.5. Smardt Chiller Group Inc.
  9.2.6. Broad Group
  9.2.7. Dunham Bush
  9.2.8. GEA Group
  9.2.9. Midea Group Co., Ltd.
  9.2.10. Thermax Limited

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
LIST OF TABLES

TABLE 1. Global Chillers Market, report scope
TABLE 2. Global Chillers Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Chillers Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 4. Global Chillers Market estimates & forecasts by End-use Industry 2019-2029 (USD Billion)
TABLE 5. Global Chillers Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Chillers Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Chillers Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Chillers Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Chillers Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Chillers Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Chillers Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Chillers Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Chillers Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Chillers Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Chillers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Chillers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Chillers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Chillers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Chillers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Chillers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Chillers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Chillers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Chillers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Chillers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Chillers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Chillers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Chillers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Chillers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Chillers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Chillers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Chillers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Chillers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Chillers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Chillers Market
TABLE 70. List of primary sources, used in the study of global Chillers Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES

FIG 1. Global Chillers Market, research methodology
FIG 2. Global Chillers Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Chillers Market, key trends 2021
FIG 5. Global Chillers Market, growth prospects 2022-2029
FIG 6. Global Chillers Market, porters 5 force model
FIG 7. Global Chillers Market, pest analysis
FIG 8. Global Chillers Market, value chain analysis
FIG 9. Global Chillers Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Chillers Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Chillers Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Chillers Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Chillers Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Chillers Market, regional snapshot 2019 & 2029
FIG 15. North America Chillers Market 2019 & 2029 (USD Billion)
FIG 16. Europe Chillers Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Chillers Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Chillers Market 2019 & 2029 (USD Billion)
FIG 19. Global Chillers Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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