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report thumbnailChillers Market

Chillers Market Insightful Analysis: Trends, Competitor Dynamics, and Opportunities 2024-2032

Chillers Market, Forecast 2024-2032

Nov 19 2024
Base Year: 2023
180 Pages
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Chillers Market Insightful Analysis: Trends, Competitor Dynamics, and Opportunities 2024-2032

Key Insights

The Chillers Market size was valued at USD 9.65 USD Billion in 2023 and is projected to reach USD 35.19 USD Billion by 2032, exhibiting a CAGR of 20.3 % during the forecast period. The chillers market features products that cater to different cooling needs all over different industries. Chillers are equipment which is used in the system of cooling fluids or dehumidification of air with the help of vapor-compression, or absorption refrigeration cycle. They are common in commercial or business, industrial and residential structures for air conditioning, process cooling and energy control among others. Important categories are air-cooled, water-cooled and evaporative chillers and they use scroll, screw, centrifugal, as well as absorption. This has been due to increased calls for efficient cooling gadgets, development in technology and increased environmental concerns policies. This is because it requires a small amount of energy, has accurate controls, low maintenance and is friendly to the environment. The industry players aim at the development of new products, environmental conservation and product cost control as key competitive advantage strategies.

Chillers Market Research Report - Market Size, Growth & Forecast

Chillers Trends

  • Increasing adoption of centrifugal chillers due to their ability to provide higher cooling capacities.
  • Growing popularity of scroll chillers for small and medium-sized applications due to their low noise levels and compact size.
  • Rising demand for chillers equipped with advanced features such as variable speed drives (VSDs) and microprocessors.

Driving Forces: What's Propelling the Chillers Market

  • Heightened emphasis on energy conservation and optimization.
  • Surging demand for reliable and efficient cooling systems across various industries, including manufacturing, healthcare, and data centers.
  • Growing environmental consciousness and regulations, driving the adoption of sustainable and eco-friendly cooling solutions.

Challenges and Restraints in Chillers Market

  • High initial investment cost of chillers.
  • Limited availability of skilled technicians for installation and maintenance.
  • Fluctuating prices of raw materials can impact the production costs of chillers.

Emerging Trends in Chillers

  • Adoption of IoT-enabled chillers to enhance operational efficiency.
  • Integration of artificial intelligence (AI) to optimize chiller performance.
  • Development of hybrid chillers that combine different technologies to improve energy efficiency.

Growth Catalysts in Chillers Industry

Chillers Market Growth

  • Government regulations and incentives promoting energy-efficient cooling solutions.
  • Technological advancements leading to the development of more efficient and cost-effective chillers.
  • Increasing demand for cooling solutions in healthcare and data centers.

Market Segmentation: Chillers Analysis

By Type:

  • Screw Chillers
  • Scroll Chillers
  • Centrifugal Chillers
  • Others

By Application:

  • Chemicals and Petrochemicals
  • Food And Beverages
  • Plastics
  • Rubber
  • Medical
  • Others

Leading Players in the Chillers Market

  • Daikin
  • Johnson Controls
  • Johnson Controls-Hitachi Air Conditioning
  • Mitsubishi Heavy Industries, Ltd.
  • Polaris Industries Australasia
  • LG Electronics
  • Midea
  • Dunham-Bush Americas
  • Chongqing General Industry Co., Ltd.
  • Carrier Corporation

Significant developments in the Chillers Sector

  • In February 2023, Johnson Controls acquired B&W Thermal to expand its chiller offerings.
  • In January 2023, Daikin launched a new line of centrifugal chillers with improved efficiency and sustainability features.
  • In November 2022, Mitsubishi Heavy Industries introduced a new series of scroll chillers designed for commercial applications.

Comprehensive Coverage Chillers Market Report

The report provides a comprehensive analysis of the chillers market, including:

  • Market overview and dynamics
  • Market segmentation and forecasts
  • Key industry trends and drivers
  • Porter's Five Forces analysis
  • Competitive landscape and market share analysis
  • Profiles of leading market players
  • Future outlook and growth opportunities

Regional Insight

The Asia-Pacific region is expected to witness the highest growth in the chillers market due to the rising demand for cooling solutions from various industries and the increasing adoption of energy-efficient technologies.

Chillers Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 20.3% from 2018-2032
Segmentation
  • By Type
    • Screw Chillers
    • Scroll Chillers
    • Centrifugal Chillers
    • and Others
  • By Application
    • Chemicals and Petrochemicals
    • Food and Beverages
    • Plastics
    • Rubber
    • Medical
    • and Others
  • By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Australia
    • Rest of Asia-Pacific
  • MEA
    • Middle East
    • Africa

Frequently Asked Questions

Table Of Content
  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Rising Demand from the Automotive and Construction Sectors to Aid Market Growth
      • 3.3. Market Restrains
        • 3.3.1. The Change in International Policies is Expected to Impact the Market Growth
      • 3.4. Market Trends
        • 3.4.1 The increasing availability of connected logistics solutions equipped with a high level of interoperability
        • 3.4.2 security and accessibility features
        • 3.4.3 is fuelling the demand for these solutions. Additionally
        • 3.4.4 the need to lower down the cost associated with warehousing services and shipment are driving the growth of the market. The expanded market for intelligent transportation solutions is anticipated to accelerate the growth of the market.
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global Chillers Market Analysis, Insights and Forecast, 2018-2030
      • 5.1. Market Analysis, Insights and Forecast - By Type
        • 5.1.1 Screw Chillers
        • 5.1.2 Scroll Chillers
        • 5.1.3 Centrifugal Chillers
        • 5.1.4 and Others
      • 5.2. Market Analysis, Insights and Forecast - By Application
        • 5.2.1 Chemicals and Petrochemicals
        • 5.2.2 Food and Beverages
        • 5.2.3 Plastics
        • 5.2.4 Rubber
        • 5.2.5 Medical
        • 5.2.6 and Others
      • 5.3. Market Analysis, Insights and Forecast - By Region
        • 5.3.1 North America
        • 5.3.2 South America
        • 5.3.3 Europe
        • 5.3.4 Asia Pacific
        • 5.3.5 MEA
  6. 6. North America Chillers Market Analysis, Insights and Forecast, 2018-2030
      • 6.1. Market Analysis, Insights and Forecast - By Type
        • 6.1.1 Screw Chillers
        • 6.1.2 Scroll Chillers
        • 6.1.3 Centrifugal Chillers
        • 6.1.4 and Others
      • 6.2. Market Analysis, Insights and Forecast - By Application
        • 6.2.1 Chemicals and Petrochemicals
        • 6.2.2 Food and Beverages
        • 6.2.3 Plastics
        • 6.2.4 Rubber
        • 6.2.5 Medical
        • 6.2.6 and Others
      • 6.3. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 6.3.1 United States
        • 6.3.2 Canada
        • 6.3.3 Mexico
  7. 7. South America Chillers Market Analysis, Insights and Forecast, 2018-2030
      • 7.1. Market Analysis, Insights and Forecast - By Type
        • 7.1.1 Screw Chillers
        • 7.1.2 Scroll Chillers
        • 7.1.3 Centrifugal Chillers
        • 7.1.4 and Others
      • 7.2. Market Analysis, Insights and Forecast - By Application
        • 7.2.1 Chemicals and Petrochemicals
        • 7.2.2 Food and Beverages
        • 7.2.3 Plastics
        • 7.2.4 Rubber
        • 7.2.5 Medical
        • 7.2.6 and Others
      • 7.3. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 7.3.1 Brazil
        • 7.3.2 Argentina
        • 7.3.3 Rest of South America
  8. 8. Europe Chillers Market Analysis, Insights and Forecast, 2018-2030
      • 8.1. Market Analysis, Insights and Forecast - By Type
        • 8.1.1 Screw Chillers
        • 8.1.2 Scroll Chillers
        • 8.1.3 Centrifugal Chillers
        • 8.1.4 and Others
      • 8.2. Market Analysis, Insights and Forecast - By Application
        • 8.2.1 Chemicals and Petrochemicals
        • 8.2.2 Food and Beverages
        • 8.2.3 Plastics
        • 8.2.4 Rubber
        • 8.2.5 Medical
        • 8.2.6 and Others
      • 8.3. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 8.3.1 Germany
        • 8.3.2 France
        • 8.3.3 Italy
        • 8.3.4 United Kingdom
        • 8.3.5 Netherlands
        • 8.3.6 Rest of Europe
  9. 9. Asia Pacific Chillers Market Analysis, Insights and Forecast, 2018-2030
      • 9.1. Market Analysis, Insights and Forecast - By Type
        • 9.1.1 Screw Chillers
        • 9.1.2 Scroll Chillers
        • 9.1.3 Centrifugal Chillers
        • 9.1.4 and Others
      • 9.2. Market Analysis, Insights and Forecast - By Application
        • 9.2.1 Chemicals and Petrochemicals
        • 9.2.2 Food and Beverages
        • 9.2.3 Plastics
        • 9.2.4 Rubber
        • 9.2.5 Medical
        • 9.2.6 and Others
      • 9.3. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 9.3.1 China
        • 9.3.2 Japan
        • 9.3.3 India
        • 9.3.4 South Korea
        • 9.3.5 Taiwan
        • 9.3.6 Australia
        • 9.3.7 Rest of Asia-Pacific
  10. 10. MEA Chillers Market Analysis, Insights and Forecast, 2018-2030
      • 10.1. Market Analysis, Insights and Forecast - By Type
        • 10.1.1 Screw Chillers
        • 10.1.2 Scroll Chillers
        • 10.1.3 Centrifugal Chillers
        • 10.1.4 and Others
      • 10.2. Market Analysis, Insights and Forecast - By Application
        • 10.2.1 Chemicals and Petrochemicals
        • 10.2.2 Food and Beverages
        • 10.2.3 Plastics
        • 10.2.4 Rubber
        • 10.2.5 Medical
        • 10.2.6 and Others
      • 10.3. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 10.3.1 Middle East
        • 10.3.2 Africa
  11. 11. Competitive Analysis
    • 11.1. Global Market Share Analysis 2023
      • 11.2. Company Profiles
        • 11.2.1 Daikin
          • 11.2.1.1. Overview
          • 11.2.1.2. Products
          • 11.2.1.3. SWOT Analysis
          • 11.2.1.4. Recent Developments
          • 11.2.1.5. Financials (Based on Availability)
        • 11.2.2 Johnson Controls
          • 11.2.2.1. Overview
          • 11.2.2.2. Products
          • 11.2.2.3. SWOT Analysis
          • 11.2.2.4. Recent Developments
          • 11.2.2.5. Financials (Based on Availability)
        • 11.2.3 Johnson Controls-Hitachi Air Conditioning
          • 11.2.3.1. Overview
          • 11.2.3.2. Products
          • 11.2.3.3. SWOT Analysis
          • 11.2.3.4. Recent Developments
          • 11.2.3.5. Financials (Based on Availability)
        • 11.2.4 Mitsubishi Heavy Industries Ltd.
          • 11.2.4.1. Overview
          • 11.2.4.2. Products
          • 11.2.4.3. SWOT Analysis
          • 11.2.4.4. Recent Developments
          • 11.2.4.5. Financials (Based on Availability)
        • 11.2.5 Polaris Industries Australasia
          • 11.2.5.1. Overview
          • 11.2.5.2. Products
          • 11.2.5.3. SWOT Analysis
          • 11.2.5.4. Recent Developments
          • 11.2.5.5. Financials (Based on Availability)
        • 11.2.6 LG Electronics
          • 11.2.6.1. Overview
          • 11.2.6.2. Products
          • 11.2.6.3. SWOT Analysis
          • 11.2.6.4. Recent Developments
          • 11.2.6.5. Financials (Based on Availability)
        • 11.2.7 Midea
          • 11.2.7.1. Overview
          • 11.2.7.2. Products
          • 11.2.7.3. SWOT Analysis
          • 11.2.7.4. Recent Developments
          • 11.2.7.5. Financials (Based on Availability)
        • 11.2.8 Dunham-Bush Americas
          • 11.2.8.1. Overview
          • 11.2.8.2. Products
          • 11.2.8.3. SWOT Analysis
          • 11.2.8.4. Recent Developments
          • 11.2.8.5. Financials (Based on Availability)
        • 11.2.9 Chongqing General Industry Co. Ltd.
          • 11.2.9.1. Overview
          • 11.2.9.2. Products
          • 11.2.9.3. SWOT Analysis
          • 11.2.9.4. Recent Developments
          • 11.2.9.5. Financials (Based on Availability)
        • 11.2.10 Carrier Corporation
          • 11.2.10.1. Overview
          • 11.2.10.2. Products
          • 11.2.10.3. SWOT Analysis
          • 11.2.10.4. Recent Developments
          • 11.2.10.5. Financials (Based on Availability)
List of Figures
  1. Figure 1: Global Chillers Market Revenue Breakdown (USD Billion, %) by Region 2023 & 2031
  2. Figure 2: Global Chillers Market Volume Breakdown (Million Units, %) by Region 2023 & 2031
  3. Figure 3: Global Chillers Market Revenue (USD Billion), by Type 2023 & 2031
  4. Figure 4: Global Chillers Market Volume (Million Units), by Type 2023 & 2031
  5. Figure 5: Global Chillers Market Revenue Share (%), by Type 2023 & 2031
  6. Figure 6: Global Chillers Market Volume Share (%), by Type 2023 & 2031
  7. Figure 7: Global Chillers Market Forecast (USD Billion), by Screw Chillers 2020 & 2031
  8. Figure 8: Global Chillers Market Forecast (Million Units), by Screw Chillers 2020 & 2031
  9. Figure 9: Global Chillers Market Forecast (USD Billion), by Scroll Chillers 2020 & 2031
  10. Figure 10: Global Chillers Market Forecast (Million Units), by Scroll Chillers 2020 & 2031
  11. Figure 11: Global Chillers Market Forecast (USD Billion), by Centrifugal Chillers 2020 & 2031
  12. Figure 12: Global Chillers Market Forecast (Million Units), by Centrifugal Chillers 2020 & 2031
  13. Figure 13: Global Chillers Market Forecast (USD Billion), by and Others 2020 & 2031
  14. Figure 14: Global Chillers Market Forecast (Million Units), by and Others 2020 & 2031
  15. Figure 15: Global Chillers Market Revenue (USD Billion), by Application 2023 & 2031
  16. Figure 16: Global Chillers Market Volume (Million Units), by Application 2023 & 2031
  17. Figure 17: Global Chillers Market Revenue Share (%), by Application 2023 & 2031
  18. Figure 18: Global Chillers Market Volume Share (%), by Application 2023 & 2031
  19. Figure 19: Global Chillers Market Forecast (USD Billion), by Chemicals and Petrochemicals 2020 & 2031
  20. Figure 20: Global Chillers Market Forecast (Million Units), by Chemicals and Petrochemicals 2020 & 2031
  21. Figure 21: Global Chillers Market Forecast (USD Billion), by Food and Beverages 2020 & 2031
  22. Figure 22: Global Chillers Market Forecast (Million Units), by Food and Beverages 2020 & 2031
  23. Figure 23: Global Chillers Market Forecast (USD Billion), by Plastics 2020 & 2031
  24. Figure 24: Global Chillers Market Forecast (Million Units), by Plastics 2020 & 2031
  25. Figure 25: Global Chillers Market Forecast (USD Billion), by Rubber 2020 & 2031
  26. Figure 26: Global Chillers Market Forecast (Million Units), by Rubber 2020 & 2031
  27. Figure 27: Global Chillers Market Forecast (USD Billion), by Medical 2020 & 2031
  28. Figure 28: Global Chillers Market Forecast (Million Units), by Medical 2020 & 2031
  29. Figure 29: Global Chillers Market Forecast (USD Billion), by and Others 2020 & 2031
  30. Figure 30: Global Chillers Market Forecast (Million Units), by and Others 2020 & 2031
  31. Figure 31: Global Chillers Market Revenue (USD Billion), by Region 2023 & 2031
  32. Figure 32: Global Chillers Market Volume (Million Units), by Region 2023 & 2031
  33. Figure 33: Global Chillers Market Revenue Share (%), by Region 2023 & 2031
  34. Figure 34: Global Chillers Market Volume Share (%), by Region 2023 & 2031
  35. Figure 35: North America Chillers Market Revenue (USD Billion), by Type 2023 & 2031
  36. Figure 36: North America Chillers Market Volume (Million Units), by Type 2023 & 2031
  37. Figure 37: North America Chillers Market Revenue Share (%), by Type 2023 & 2031
  38. Figure 38: North America Chillers Market Volume Share (%), by Type 2023 & 2031
  39. Figure 39: North America Chillers Market Revenue (USD Billion), by Application 2023 & 2031
  40. Figure 40: North America Chillers Market Volume (Million Units), by Application 2023 & 2031
  41. Figure 41: North America Chillers Market Revenue Share (%), by Application 2023 & 2031
  42. Figure 42: North America Chillers Market Volume Share (%), by Application 2023 & 2031
  43. Figure 43: North America Chillers Market Revenue (USD Billion), by Country 2023 & 2031
  44. Figure 44: North America Chillers Market Volume (Million Units), by Country 2023 & 2031
  45. Figure 45: North America Chillers Market Revenue Share (%), by Country 2023 & 2031
  46. Figure 46: North America Chillers Market Volume Share (%), by Country 2023 & 2031
  47. Figure 47: South America Chillers Market Revenue (USD Billion), by Type 2023 & 2031
  48. Figure 48: South America Chillers Market Volume (Million Units), by Type 2023 & 2031
  49. Figure 49: South America Chillers Market Revenue Share (%), by Type 2023 & 2031
  50. Figure 50: South America Chillers Market Volume Share (%), by Type 2023 & 2031
  51. Figure 51: South America Chillers Market Revenue (USD Billion), by Application 2023 & 2031
  52. Figure 52: South America Chillers Market Volume (Million Units), by Application 2023 & 2031
  53. Figure 53: South America Chillers Market Revenue Share (%), by Application 2023 & 2031
  54. Figure 54: South America Chillers Market Volume Share (%), by Application 2023 & 2031
  55. Figure 55: South America Chillers Market Revenue (USD Billion), by Country 2023 & 2031
  56. Figure 56: South America Chillers Market Volume (Million Units), by Country 2023 & 2031
  57. Figure 57: South America Chillers Market Revenue Share (%), by Country 2023 & 2031
  58. Figure 58: South America Chillers Market Volume Share (%), by Country 2023 & 2031
  59. Figure 59: Europe Chillers Market Revenue (USD Billion), by Type 2023 & 2031
  60. Figure 60: Europe Chillers Market Volume (Million Units), by Type 2023 & 2031
  61. Figure 61: Europe Chillers Market Revenue Share (%), by Type 2023 & 2031
  62. Figure 62: Europe Chillers Market Volume Share (%), by Type 2023 & 2031
  63. Figure 63: Europe Chillers Market Revenue (USD Billion), by Application 2023 & 2031
  64. Figure 64: Europe Chillers Market Volume (Million Units), by Application 2023 & 2031
  65. Figure 65: Europe Chillers Market Revenue Share (%), by Application 2023 & 2031
  66. Figure 66: Europe Chillers Market Volume Share (%), by Application 2023 & 2031
  67. Figure 67: Europe Chillers Market Revenue (USD Billion), by Country 2023 & 2031
  68. Figure 68: Europe Chillers Market Volume (Million Units), by Country 2023 & 2031
  69. Figure 69: Europe Chillers Market Revenue Share (%), by Country 2023 & 2031
  70. Figure 70: Europe Chillers Market Volume Share (%), by Country 2023 & 2031
  71. Figure 71: Asia Pacific Chillers Market Revenue (USD Billion), by Type 2023 & 2031
  72. Figure 72: Asia Pacific Chillers Market Volume (Million Units), by Type 2023 & 2031
  73. Figure 73: Asia Pacific Chillers Market Revenue Share (%), by Type 2023 & 2031
  74. Figure 74: Asia Pacific Chillers Market Volume Share (%), by Type 2023 & 2031
  75. Figure 75: Asia Pacific Chillers Market Revenue (USD Billion), by Application 2023 & 2031
  76. Figure 76: Asia Pacific Chillers Market Volume (Million Units), by Application 2023 & 2031
  77. Figure 77: Asia Pacific Chillers Market Revenue Share (%), by Application 2023 & 2031
  78. Figure 78: Asia Pacific Chillers Market Volume Share (%), by Application 2023 & 2031
  79. Figure 79: Asia Pacific Chillers Market Revenue (USD Billion), by Country 2023 & 2031
  80. Figure 80: Asia Pacific Chillers Market Volume (Million Units), by Country 2023 & 2031
  81. Figure 81: Asia Pacific Chillers Market Revenue Share (%), by Country 2023 & 2031
  82. Figure 82: Asia Pacific Chillers Market Volume Share (%), by Country 2023 & 2031
  83. Figure 83: MEA Chillers Market Revenue (USD Billion), by Type 2023 & 2031
  84. Figure 84: MEA Chillers Market Volume (Million Units), by Type 2023 & 2031
  85. Figure 85: MEA Chillers Market Revenue Share (%), by Type 2023 & 2031
  86. Figure 86: MEA Chillers Market Volume Share (%), by Type 2023 & 2031
  87. Figure 87: MEA Chillers Market Revenue (USD Billion), by Application 2023 & 2031
  88. Figure 88: MEA Chillers Market Volume (Million Units), by Application 2023 & 2031
  89. Figure 89: MEA Chillers Market Revenue Share (%), by Application 2023 & 2031
  90. Figure 90: MEA Chillers Market Volume Share (%), by Application 2023 & 2031
  91. Figure 91: MEA Chillers Market Revenue (USD Billion), by Country 2023 & 2031
  92. Figure 92: MEA Chillers Market Volume (Million Units), by Country 2023 & 2031
  93. Figure 93: MEA Chillers Market Revenue Share (%), by Country 2023 & 2031
  94. Figure 94: MEA Chillers Market Volume Share (%), by Country 2023 & 2031
List of Tables
  1. Table 1: Global Chillers Market Revenue USD Billion Forecast, by Type 2018 & 2031
  2. Table 2: Global Chillers Market Volume Million Units Forecast, by Type 2018 & 2031
  3. Table 3: Global Chillers Market Revenue USD Billion Forecast, by Application 2018 & 2031
  4. Table 4: Global Chillers Market Volume Million Units Forecast, by Application 2018 & 2031
  5. Table 5: Global Chillers Market Revenue USD Billion Forecast, by Region 2018 & 2031
  6. Table 6: Global Chillers Market Volume Million Units Forecast, by Region 2018 & 2031
  7. Table 7: Global Chillers Market Revenue USD Billion Forecast, by Region 2018 & 2031
  8. Table 8: Global Chillers Market Volume Million Units Forecast, by Region 2018 & 2031
  9. Table 9: Global Chillers Market Revenue USD Billion Forecast, by Type 2018 & 2031
  10. Table 10: Global Chillers Market Volume Million Units Forecast, by Type 2018 & 2031
  11. Table 11: Global Chillers Market Revenue USD Billion Forecast, by Application 2018 & 2031
  12. Table 12: Global Chillers Market Volume Million Units Forecast, by Application 2018 & 2031
  13. Table 13: Global Chillers Market Revenue USD Billion Forecast, by Country 2018 & 2031
  14. Table 14: Global Chillers Market Volume Million Units Forecast, by Country 2018 & 2031
  15. Table 15: United States Chillers Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  16. Table 16: United States Chillers Market Volume (Million Units) Forecast, by Application 2018 & 2031
  17. Table 17: Canada Chillers Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  18. Table 18: Canada Chillers Market Volume (Million Units) Forecast, by Application 2018 & 2031
  19. Table 19: Mexico Chillers Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  20. Table 20: Mexico Chillers Market Volume (Million Units) Forecast, by Application 2018 & 2031
  21. Table 21: Global Chillers Market Revenue USD Billion Forecast, by Type 2018 & 2031
  22. Table 22: Global Chillers Market Volume Million Units Forecast, by Type 2018 & 2031
  23. Table 23: Global Chillers Market Revenue USD Billion Forecast, by Application 2018 & 2031
  24. Table 24: Global Chillers Market Volume Million Units Forecast, by Application 2018 & 2031
  25. Table 25: Global Chillers Market Revenue USD Billion Forecast, by Country 2018 & 2031
  26. Table 26: Global Chillers Market Volume Million Units Forecast, by Country 2018 & 2031
  27. Table 27: Brazil Chillers Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  28. Table 28: Brazil Chillers Market Volume (Million Units) Forecast, by Application 2018 & 2031
  29. Table 29: Argentina Chillers Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  30. Table 30: Argentina Chillers Market Volume (Million Units) Forecast, by Application 2018 & 2031
  31. Table 31: Rest of South America Chillers Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  32. Table 32: Rest of South America Chillers Market Volume (Million Units) Forecast, by Application 2018 & 2031
  33. Table 33: Global Chillers Market Revenue USD Billion Forecast, by Type 2018 & 2031
  34. Table 34: Global Chillers Market Volume Million Units Forecast, by Type 2018 & 2031
  35. Table 35: Global Chillers Market Revenue USD Billion Forecast, by Application 2018 & 2031
  36. Table 36: Global Chillers Market Volume Million Units Forecast, by Application 2018 & 2031
  37. Table 37: Global Chillers Market Revenue USD Billion Forecast, by Country 2018 & 2031
  38. Table 38: Global Chillers Market Volume Million Units Forecast, by Country 2018 & 2031
  39. Table 39: Germany Chillers Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  40. Table 40: Germany Chillers Market Volume (Million Units) Forecast, by Application 2018 & 2031
  41. Table 41: France Chillers Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  42. Table 42: France Chillers Market Volume (Million Units) Forecast, by Application 2018 & 2031
  43. Table 43: Italy Chillers Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  44. Table 44: Italy Chillers Market Volume (Million Units) Forecast, by Application 2018 & 2031
  45. Table 45: United Kingdom Chillers Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  46. Table 46: United Kingdom Chillers Market Volume (Million Units) Forecast, by Application 2018 & 2031
  47. Table 47: Netherlands Chillers Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  48. Table 48: Netherlands Chillers Market Volume (Million Units) Forecast, by Application 2018 & 2031
  49. Table 49: Rest of Europe Chillers Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  50. Table 50: Rest of Europe Chillers Market Volume (Million Units) Forecast, by Application 2018 & 2031
  51. Table 51: Global Chillers Market Revenue USD Billion Forecast, by Type 2018 & 2031
  52. Table 52: Global Chillers Market Volume Million Units Forecast, by Type 2018 & 2031
  53. Table 53: Global Chillers Market Revenue USD Billion Forecast, by Application 2018 & 2031
  54. Table 54: Global Chillers Market Volume Million Units Forecast, by Application 2018 & 2031
  55. Table 55: Global Chillers Market Revenue USD Billion Forecast, by Country 2018 & 2031
  56. Table 56: Global Chillers Market Volume Million Units Forecast, by Country 2018 & 2031
  57. Table 57: China Chillers Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  58. Table 58: China Chillers Market Volume (Million Units) Forecast, by Application 2018 & 2031
  59. Table 59: Japan Chillers Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  60. Table 60: Japan Chillers Market Volume (Million Units) Forecast, by Application 2018 & 2031
  61. Table 61: India Chillers Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  62. Table 62: India Chillers Market Volume (Million Units) Forecast, by Application 2018 & 2031
  63. Table 63: South Korea Chillers Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  64. Table 64: South Korea Chillers Market Volume (Million Units) Forecast, by Application 2018 & 2031
  65. Table 65: Taiwan Chillers Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  66. Table 66: Taiwan Chillers Market Volume (Million Units) Forecast, by Application 2018 & 2031
  67. Table 67: Australia Chillers Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  68. Table 68: Australia Chillers Market Volume (Million Units) Forecast, by Application 2018 & 2031
  69. Table 69: Rest of Asia-Pacific Chillers Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  70. Table 70: Rest of Asia-Pacific Chillers Market Volume (Million Units) Forecast, by Application 2018 & 2031
  71. Table 71: Global Chillers Market Revenue USD Billion Forecast, by Type 2018 & 2031
  72. Table 72: Global Chillers Market Volume Million Units Forecast, by Type 2018 & 2031
  73. Table 73: Global Chillers Market Revenue USD Billion Forecast, by Application 2018 & 2031
  74. Table 74: Global Chillers Market Volume Million Units Forecast, by Application 2018 & 2031
  75. Table 75: Global Chillers Market Revenue USD Billion Forecast, by Country 2018 & 2031
  76. Table 76: Global Chillers Market Volume Million Units Forecast, by Country 2018 & 2031
  77. Table 77: Middle East Chillers Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  78. Table 78: Middle East Chillers Market Volume (Million Units) Forecast, by Application 2018 & 2031
  79. Table 79: Africa Chillers Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  80. Table 80: Africa Chillers Market Volume (Million Units) Forecast, by Application 2018 & 2031
AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 20.3% from 2018-2032
Segmentation
  • By Type
    • Screw Chillers
    • Scroll Chillers
    • Centrifugal Chillers
    • and Others
  • By Application
    • Chemicals and Petrochemicals
    • Food and Beverages
    • Plastics
    • Rubber
    • Medical
    • and Others
  • By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Australia
    • Rest of Asia-Pacific
  • MEA
    • Middle East
    • Africa

STEP 1 - Identification of Relevant Samples Size from Population Database

Step Chart
bar chart
method chart

STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

approach chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.

Note* : In applicable scenarios

STEP 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
approach chart

STEP 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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