Global Chillers Market by Size, by Type, by Application, by Region, History and Forecast 2020-2031

Summary

A chiller is a machine that removes heat from a liquid via a vapor-compression or absorption refrigeration cycle. This liquid can then be circulated through a heat exchanger to cool equipment, or another process stream (such as air or process water).

According to APO Research, The global Chillers market is projected to grow from US$ million in 2025 to US$ million by 2031, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Chillers is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Chillers is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The China market for Chillers is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Chillers is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of Chillers include Trane, Johnson Controls - Hitachi, Carrier, Mitsubshi, LG Electronics, Daikin, DunAn, Dunham-Bush and TICA, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the Chillers production, growth rate, market share by manufacturers and by region (region level and country level), from 2020 to 2025, and forecast to 2031.

In terms of consumption side, this report focuses on the sales of Chillers by region (region level and country level), by company, by type and by application. from 2020 to 2025 and forecast to 2031.

This report presents an overview of global market for Chillers, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2020 - 2024, estimates for 2025, and projections of CAGR through 2031.

This report researches the key producers of Chillers, also provides the consumption of main regions and countries. Of the upcoming market potential for Chillers, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Chillers sales, revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global Chillers market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by type and by application, sales, revenue, and price, from 2020 to 2031. Evaluation and forecast the market size for Chillers sales, projected growth trends, production technology, application and end-user industry.

Chillers Segment by Company

Trane
Johnson Controls - Hitachi
Carrier
Mitsubshi
LG Electronics
Daikin
DunAn
Dunham-Bush
TICA
Bosch
Ebara
Smardt Chiller Group
Parker Hannifin
Dimplex Thermal Solutions

Chillers Segment by Type

0°C to -29°C
-30°C to -49°C
-50°C to -99°C
-100°C or less
Others

Chillers Segment by Application

Commercial
Industrial

Chillers Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Chillers market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Chillers and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Chillers.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Provides an overview of the Chillers market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2020-2031).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Chillers industry.
Chapter 3: Detailed analysis of Chillers market competition landscape. Including Chillers manufacturers' output value, output and average price from 2020 to 2025, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Chillers by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Chillers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.

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1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Chillers Production Value Estimates and Forecasts (2020-2031)
1.2.2 Global Chillers Production Capacity Estimates and Forecasts (2020-2031)
1.2.3 Global Chillers Production Estimates and Forecasts (2020-2031)
1.2.4 Global Chillers Market Average Price (2020-2031)
1.3 Assumptions and Limitations
1.4 Study Goals and Objectives
2 Global Chillers Market Dynamics
2.1 Chillers Industry Trends
2.2 Chillers Industry Drivers
2.3 Chillers Industry Opportunities and Challenges
2.4 Chillers Industry Restraints
3 Chillers Market by Manufacturers
3.1 Global Chillers Production Value by Manufacturers (2020-2025)
3.2 Global Chillers Production by Manufacturers (2020-2025)
3.3 Global Chillers Average Price by Manufacturers (2020-2025)
3.4 Global Chillers Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
3.5 Global Chillers Key Manufacturers Manufacturing Sites & Headquarters
3.6 Global Chillers Manufacturers, Product Type & Application
3.7 Global Chillers Manufacturers Established Date
3.8 Market Competitive Analysis
3.8.1 Global Chillers Market CR5 and HHI
3.8.2 Global Top 5 and 10 Chillers Players Market Share by Production Value in 2024
3.8.3 2024 Chillers Tier 1, Tier 2, and Tier 3
4 Chillers Market by Type
4.1 Chillers Type Introduction
4.1.1 0°C to -29°C
4.1.2 -30°C to -49°C
4.1.3 -50°C to -99°C
4.1.4 -100°C or less
4.1.5 Others
4.2 Global Chillers Production by Type
4.2.1 Global Chillers Production by Type (2020 VS 2024 VS 2031)
4.2.2 Global Chillers Production by Type (2020-2031)
4.2.3 Global Chillers Production Market Share by Type (2020-2031)
4.3 Global Chillers Production Value by Type
4.3.1 Global Chillers Production Value by Type (2020 VS 2024 VS 2031)
4.3.2 Global Chillers Production Value by Type (2020-2031)
4.3.3 Global Chillers Production Value Market Share by Type (2020-2031)
5 Chillers Market by Application
5.1 Chillers Application Introduction
5.1.1 Commercial
5.1.2 Industrial
5.2 Global Chillers Production by Application
5.2.1 Global Chillers Production by Application (2020 VS 2024 VS 2031)
5.2.2 Global Chillers Production by Application (2020-2031)
5.2.3 Global Chillers Production Market Share by Application (2020-2031)
5.3 Global Chillers Production Value by Application
5.3.1 Global Chillers Production Value by Application (2020 VS 2024 VS 2031)
5.3.2 Global Chillers Production Value by Application (2020-2031)
5.3.3 Global Chillers Production Value Market Share by Application (2020-2031)
6 Company Profiles
6.1 Trane
6.1.1 Trane Comapny Information
6.1.2 Trane Business Overview
6.1.3 Trane Chillers Production, Value and Gross Margin (2020-2025)
6.1.4 Trane Chillers Product Portfolio
6.1.5 Trane Recent Developments
6.2 Johnson Controls - Hitachi
6.2.1 Johnson Controls - Hitachi Comapny Information
6.2.2 Johnson Controls - Hitachi Business Overview
6.2.3 Johnson Controls - Hitachi Chillers Production, Value and Gross Margin (2020-2025)
6.2.4 Johnson Controls - Hitachi Chillers Product Portfolio
6.2.5 Johnson Controls - Hitachi Recent Developments
6.3 Carrier
6.3.1 Carrier Comapny Information
6.3.2 Carrier Business Overview
6.3.3 Carrier Chillers Production, Value and Gross Margin (2020-2025)
6.3.4 Carrier Chillers Product Portfolio
6.3.5 Carrier Recent Developments
6.4 Mitsubshi
6.4.1 Mitsubshi Comapny Information
6.4.2 Mitsubshi Business Overview
6.4.3 Mitsubshi Chillers Production, Value and Gross Margin (2020-2025)
6.4.4 Mitsubshi Chillers Product Portfolio
6.4.5 Mitsubshi Recent Developments
6.5 LG Electronics
6.5.1 LG Electronics Comapny Information
6.5.2 LG Electronics Business Overview
6.5.3 LG Electronics Chillers Production, Value and Gross Margin (2020-2025)
6.5.4 LG Electronics Chillers Product Portfolio
6.5.5 LG Electronics Recent Developments
6.6 Daikin
6.6.1 Daikin Comapny Information
6.6.2 Daikin Business Overview
6.6.3 Daikin Chillers Production, Value and Gross Margin (2020-2025)
6.6.4 Daikin Chillers Product Portfolio
6.6.5 Daikin Recent Developments
6.7 DunAn
6.7.1 DunAn Comapny Information
6.7.2 DunAn Business Overview
6.7.3 DunAn Chillers Production, Value and Gross Margin (2020-2025)
6.7.4 DunAn Chillers Product Portfolio
6.7.5 DunAn Recent Developments
6.8 Dunham-Bush
6.8.1 Dunham-Bush Comapny Information
6.8.2 Dunham-Bush Business Overview
6.8.3 Dunham-Bush Chillers Production, Value and Gross Margin (2020-2025)
6.8.4 Dunham-Bush Chillers Product Portfolio
6.8.5 Dunham-Bush Recent Developments
6.9 TICA
6.9.1 TICA Comapny Information
6.9.2 TICA Business Overview
6.9.3 TICA Chillers Production, Value and Gross Margin (2020-2025)
6.9.4 TICA Chillers Product Portfolio
6.9.5 TICA Recent Developments
6.10 Bosch
6.10.1 Bosch Comapny Information
6.10.2 Bosch Business Overview
6.10.3 Bosch Chillers Production, Value and Gross Margin (2020-2025)
6.10.4 Bosch Chillers Product Portfolio
6.10.5 Bosch Recent Developments
6.11 Ebara
6.11.1 Ebara Comapny Information
6.11.2 Ebara Business Overview
6.11.3 Ebara Chillers Production, Value and Gross Margin (2020-2025)
6.11.4 Ebara Chillers Product Portfolio
6.11.5 Ebara Recent Developments
6.12 Smardt Chiller Group
6.12.1 Smardt Chiller Group Comapny Information
6.12.2 Smardt Chiller Group Business Overview
6.12.3 Smardt Chiller Group Chillers Production, Value and Gross Margin (2020-2025)
6.12.4 Smardt Chiller Group Chillers Product Portfolio
6.12.5 Smardt Chiller Group Recent Developments
6.13 Parker Hannifin
6.13.1 Parker Hannifin Comapny Information
6.13.2 Parker Hannifin Business Overview
6.13.3 Parker Hannifin Chillers Production, Value and Gross Margin (2020-2025)
6.13.4 Parker Hannifin Chillers Product Portfolio
6.13.5 Parker Hannifin Recent Developments
6.14 Dimplex Thermal Solutions
6.14.1 Dimplex Thermal Solutions Comapny Information
6.14.2 Dimplex Thermal Solutions Business Overview
6.14.3 Dimplex Thermal Solutions Chillers Production, Value and Gross Margin (2020-2025)
6.14.4 Dimplex Thermal Solutions Chillers Product Portfolio
6.14.5 Dimplex Thermal Solutions Recent Developments
7 Global Chillers Production by Region
7.1 Global Chillers Production by Region: 2020 VS 2024 VS 2031
7.2 Global Chillers Production by Region (2020-2031)
7.2.1 Global Chillers Production by Region: 2020-2025
7.2.2 Global Chillers Production Forecast by Region: 2026-2031
7.3 Global Chillers Production by Region: 2020 VS 2024 VS 2031
7.4 Global Chillers Production Value by Region (2020-2031)
7.4.1 Global Chillers Production Value by Region: 2020-2025
7.4.2 Global Chillers Production Value by Region (2026-2031)
7.5 Global Chillers Market Price Analysis by Region (2020-2031)
7.6 Regional Production Value Trends (2020-2031)
7.6.1 North America Chillers Production Value (2020-2031)
7.6.2 Europe Chillers Production Value (2020-2031)
7.6.3 Asia-Pacific Chillers Production Value (2020-2031)
7.6.4 South America Chillers Production Value (2020-2031)
7.6.5 Middle East & Africa Chillers Production Value (2020-2031)
8 Global Chillers Consumption by Region
8.1 Global Chillers Consumption by Region: 2020 VS 2024 VS 2031
8.2 Global Chillers Consumption by Region (2020-2031)
8.2.1 Global Chillers Consumption by Region (2020-2025)
8.2.2 Global Chillers Consumption by Region (2026-2031)
8.3 North America
8.3.1 North America Chillers Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.3.2 North America Chillers Consumption by Country (2020-2031)
8.3.3 U.S.
8.3.4 Canada
8.3.5 Mexico
8.4 Europe
8.4.1 Europe Chillers Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.4.2 Europe Chillers Consumption by Country (2020-2031)
8.4.3 Germany
8.4.4 France
8.4.5 U.K.
8.4.6 Italy
8.4.7 Netherlands
8.5 Asia Pacific
8.5.1 Asia Pacific Chillers Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.5.2 Asia Pacific Chillers Consumption by Country (2020-2031)
8.5.3 China
8.5.4 Japan
8.5.5 South Korea
8.5.6 Southeast Asia
8.5.7 India
8.5.8 Australia
8.6 South America
8.6.1 South America Chillers Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.6.2 South America Chillers Consumption by Country (2020-2031)
8.6.3 Brazil
8.6.4 Argentina
8.6.5 Chile
8.6.6 Colombia
8.7 Middle East & Africa
8.7.1 Middle East & Africa Chillers Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.7.2 Middle East & Africa Chillers Consumption by Country (2020-2031)
8.7.3 Egypt
8.7.4 South Africa
8.7.5 Israel
8.7.6 Türkiye
8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
9.1 Chillers Value Chain Analysis
9.1.1 Chillers Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Manufacturing Cost Structure
9.1.4 Chillers Production Mode & Process
9.2 Chillers Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Chillers Distributors
9.2.3 Chillers Customers
10 Concluding Insights
11 Appendix
11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
11.5.1 Secondary Sources
11.5.2 Primary Sources
11.6 Disclaimer

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