The global Chillers market is expected to reach USD 10.84 billion in 2021 from around USD 8.8 billion in 2015. The Chillers market has witnessed steady growth after the Global Financial Crisis in 2008, and it will not change significantly in the coming years.
On one hand, the market is driven by the increasing demand of downstream applications, such as Plastics, Chemicals & petrochemicals, Food & beverages, Medical & pharmaceutical, Rubber and Others. On the other hand, the chillers market is also driven by growing government focus on energy conservation that further demands for the energy-efficient cooling solutions. Another major driver for the global chillers market is the increasing consumption of frozen food.
The global Chillers market can be categorized on the basis of various compressors in Chiller system, which includes screw, scroll, centrifugal, absorption and reciprocating. Scroll chillers accounted for the largest-market share due to their suitability with wide application areas. Absorption is the fastest-growing type of chillers due to its low maintenance and manufacturing cost. These chillers are expected to grow with the highest CAGR between 2016 and 2021 due to their low operating cost and high efficiency. Meanwhile, according to different condensers, it can be also divided into Water Cooled Chillers, Air Cooled Chillers and evaporative Cooled Chillers. This report put more attention on the former.
This report segments the global Chillers market in five segments by application. These include Plastics, Chemicals & petrochemicals, Food & beverages, Medical & pharmaceutical, Rubber and others. Among all the applications, the plastics application is estimated to account for the largest market value share in 2015, followed by chemicals & petrochemicals, food & beverages, medical & pharmaceutical, and rubber industry. The chemicals & petrochemicals industry is estimated to register the highest CAGR between 2016 and 2021 among all the end-use industries considered.
The major geographies analyzed under this research study include Asia-Pacific, Europe, North America, Middle East & Africa and Latin America. The study provides forecast of the global Chillers market considering the factors driving and limiting the market growth and potential opportunities for the growth of Chillers in the global market.
Apart from that mentioned above, this report also provides company profiles of the key market players. The competitive profiling of these players includes company overview and business strategies adopted by them which can help in assessing competition in the market. Some of the major companies included in this report are Daikin Industries, Johnson Controls, Trane Inc., Carrier, Corporation, Smardt Chiller Group Inc., Broad Air Conditioning Co., Ltd., Thermax Ltd., Polyscience, Climaveneta S.P.A., Hitachi Appliances Inc., Shuangliang ECO-Energy Systems Co. Ltd., The Linde Group, Midea Group, GEA Group.
This report studies Chillers in Global and China market, focuses on price, sales, revenue of each type in global China. This report also focuses on the sales (consumption), production, import and export of Chillers in Asia-Pacific, Europe, North America, Middle East & Africa and Latin America, forecast to 2020, from 2015.
Splitting by product types, with sales, revenue, market share and price of each type, as well as the types and each type price of key manufacturers, through interviewing key manufacturers, in 2015 and 2016, covering
Based on different compressors, can be split into
Based on different condensers, can be split into
Water Cooled Chillers
Air Cooled Chillers
Evaporative Cooled Chillers
Splitting by manufacturers, this report focuses on the sales, price of each type, average price of Chillers, revenue and market share, for each manufacturer in 2015 and 2016. Top players, covering
Daikin Industries (JP)
Johnson Controls (U.S.)
Carrier Corporation (U.S.)
Smardt Chiller Group (CAN)
Broad Air Conditioning (CN)
Thermax Ltd. (India)
Hitachi Appliances (JP)
Shuangliang ECO-Energy Systems (CN)
The Linde Group (DE)
Midea Group (CN)
GEA Group (DE)
Splitting by regions, this report focuses on the sales (consumption), production, import and export of Chillers in Asia-Pacific, Europe, North America, Middle East & Africa and Latin America, from 2011 to 2020 (forecast), covering
Middle East & Africa
Splitting by applications, this report focuses on consumption and growth rate of Chillers in major applications. The application segment covering
Chemicals & petrochemicals
Food & beverages
Medical & pharmaceutical
Last but not the least, conclusion and findings about the current situation of Chillers industry is also provided.
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