Global Industrial Chillers Market 2023-2027

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	163 Pages	TechNavio	March, 2023	INF17852234

Best Price Guarantee
Price	from $2,500
Length	163 Pages
Publisher	TechNavio
Published Date	March, 2023
SKU	INF17852234

Global Industrial Chillers Market 2023-2027

Technavio has been monitoring the industrial chillers market and is forecast to grow by USD 1230.32 mn during 2022-2027, accelerating at a CAGR of 4.35% during the forecast period. Our report on the industrial chillers market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing adoption of district heating and cooling infrastructure, stringent regulations on refrigerant use, and growing use of industrial chillers across various industries.

Technavio's industrial chillers market is segmented as below:

By End-user

Chemical and petrochemical
Plastics
Food and beverage
Pharmaceuticals and biotechnology
Others

By Type

Water chillers
Air chillers

By Geography

APAC
North America
Europe
Middle East and Africa
South America

This study identifies the advent of smart connected chillers as one of the prime reasons driving the industrial chillers market growth during the next few years. Also, technological advances in industrial chillers and demand for reducing energy consumption and operating costs will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the industrial chillers market covers the following areas:

Industrial chillers market sizing
Industrial chillers market forecast
Industrial chillers market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial chillers market vendors that include ait deutschland GmbH, Carrier Global Corp., Daikin Industries Ltd., Drake Refrigeration Inc., FRIGEL FIRENZE S.p.A., Friulair S.r.l., General Air Products, Johnson Controls International Plc., LG Corp., Mitsubishi Electric Corp., MTA S.p.A., Paul Mueller Co. Inc., PolyScience, Raytheon Technologies Corp., Reynold India Pvt. Ltd., Senho Machinery Shenzhen Co. Ltd., Sentry Equipment Corp., Smardt Chiller Group Inc., Trane Technologies Plc, and HYDAC Technology Corp. Also, the industrial chillers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Global Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by End-user
  - Table Executive Summary – Chart on Market Segmentation by Type
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2022
- Market outlook: Forecast for 2022-2027
  - Table Chart on Global - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Global - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
  - Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
Historic Market Size
- Global industrial chillers market 2017 - 2021
  - Table Historic Market Size – Data Table on Global industrial chillers market 2017 - 2021 ($ million)
- End-user Segment Analysis 2017 - 2021
  - Table Historic Market Size – End-user Segment 2017 - 2021 ($ million)
- Type Segment Analysis 2017 - 2021
  - Table Historic Market Size – Type Segment 2017 - 2021 ($ million)
- Geography Segment Analysis 2017 - 2021
  - Table Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- Country Segment Analysis 2017 - 2021
  - Table Historic Market Size – Country Segment 2017 - 2021 ($ million)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2022 and 2027
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2022 and 2027
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2022 and 2027
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2022 and 2027
- Market condition
  - Table Chart on Market condition - Five forces 2022 and 2027
Market Segmentation by End-user
- Market segments
  - Table Chart on End-user - Market share 2022-2027 (%)
  - Table Data Table on End-user - Market share 2022-2027 (%)
- Comparison by End-user
  - Table Chart on Comparison by End-user
  - Table Data Table on Comparison by End-user
- Chemical and petrochemical - Market size and forecast 2022-2027
  - Table Chart on Chemical and petrochemical - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Chemical and petrochemical - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Chemical and petrochemical - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Chemical and petrochemical - Year-over-year growth 2022-2027 (%)
- Plastics - Market size and forecast 2022-2027
  - Table Chart on Plastics - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Plastics - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Plastics - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Plastics - Year-over-year growth 2022-2027 (%)
- Food and beverage - Market size and forecast 2022-2027
  - Table Chart on Food and beverage - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Food and beverage - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Food and beverage - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Food and beverage - Year-over-year growth 2022-2027 (%)
- Pharmaceuticals and biotechnology - Market size and forecast 2022-2027
  - Table Chart on Pharmaceuticals and biotechnology - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Pharmaceuticals and biotechnology - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Pharmaceuticals and biotechnology - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Pharmaceuticals and biotechnology - Year-over-year growth 2022-2027 (%)
- Others - Market size and forecast 2022-2027
  - Table Chart on Others - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Others - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Others - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Others - Year-over-year growth 2022-2027 (%)
- Market opportunity by End-user
  - Table Market opportunity by End-user ($ million)
  - Table Data Table on Market opportunity by End-user ($ million)
Market Segmentation by Type
- Market segments
  - Table Chart on Type - Market share 2022-2027 (%)
  - Table Data Table on Type - Market share 2022-2027 (%)
- Comparison by Type
  - Table Chart on Comparison by Type
  - Table Data Table on Comparison by Type
- Water chillers - Market size and forecast 2022-2027
  - Table Chart on Water chillers - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Water chillers - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Water chillers - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Water chillers - Year-over-year growth 2022-2027 (%)
- Air chillers - Market size and forecast 2022-2027
  - Table Chart on Air chillers - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Air chillers - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Air chillers - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Air chillers - Year-over-year growth 2022-2027 (%)
- Market opportunity by Type
  - Table Market opportunity by Type ($ million)
  - Table Data Table on Market opportunity by Type ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2022-2027 (%)
  - Table Data Table on Market share by geography 2022-2027 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- APAC - Market size and forecast 2022-2027
  - Table Chart on APAC - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on APAC - Market size and forecast 2022-2027 ($ million)
  - Table Chart on APAC - Year-over-year growth 2022-2027 (%)
  - Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
- North America - Market size and forecast 2022-2027
  - Table Chart on North America - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on North America - Market size and forecast 2022-2027 ($ million)
  - Table Chart on North America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on North America - Year-over-year growth 2022-2027 (%)
- Europe - Market size and forecast 2022-2027
  - Table Chart on Europe - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Europe - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Europe - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
- Middle East and Africa - Market size and forecast 2022- 2027
  - Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- South America - Market size and forecast 2022-2027
  - Table Chart on South America - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on South America - Market size and forecast 2022-2027 ($ million)
  - Table Chart on South America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on South America - Year-over-year growth 2022-2027 (%)
- US - Market size and forecast 2022-2027
  - Table Chart on US - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on US - Market size and forecast 2022-2027 ($ million)
  - Table Chart on US - Year-over-year growth 2022-2027 (%)
  - Table Data Table on US - Year-over-year growth 2022-2027 (%)
- China - Market size and forecast 2022-2027
  - Table Chart on China - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on China - Market size and forecast 2022-2027 ($ million)
  - Table Chart on China - Year-over-year growth 2022-2027 (%)
  - Table Data Table on China - Year-over-year growth 2022-2027 (%)
- Japan - Market size and forecast 2022-2027
  - Table Chart on Japan - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Japan - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Japan - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
- Germany - Market size and forecast 2022-2027
  - Table Chart on Germany - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Germany - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Germany - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
- UK - Market size and forecast 2022-2027
  - Table Chart on UK - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on UK - Market size and forecast 2022-2027 ($ million)
  - Table Chart on UK - Year-over-year growth 2022-2027 (%)
  - Table Data Table on UK - Year-over-year growth 2022-2027 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ million)
  - Table Data Tables on Market opportunity by geography ($ million)
Drivers, Challenges, and Trends
- Market drivers
  - Growing adoption of district heating and cooling infrastructure
  - Stringent regulations on refrigerant use
- Market challenges
  - High capital and maintenance costs
  - Design and operational issues associated with air chillers
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2022 and 2027
- Market trends
  - Advent of smart connected chillers
  - Technological advances in industrial chillers
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- ait deutschland GmbH
  - Table ait deutschland GmbH - Overview
  - Table ait deutschland GmbH - Product / Service
  - Table ait deutschland GmbH - Key offerings
- Carrier Global Corp.
  - Table Carrier Global Corp. - Overview
  - Table Carrier Global Corp. - Business segments
  - Table Carrier Global Corp. - Key news
  - Table Carrier Global Corp. - Key offerings
  - Table Carrier Global Corp. - Segment focus
- Daikin Industries Ltd.
  - Table Daikin Industries Ltd. - Overview
  - Table Daikin Industries Ltd. - Business segments
  - Table Daikin Industries Ltd. - Key news
  - Table Daikin Industries Ltd. - Key offerings
  - Table Daikin Industries Ltd. - Segment focus
- Drake Refrigeration Inc.
  - Table Drake Refrigeration Inc. - Overview
  - Table Drake Refrigeration Inc. - Product / Service
  - Table Drake Refrigeration Inc. - Key offerings
- HYDAC Technology Corp.
  - Table HYDAC Technology Corp. - Overview
  - Table HYDAC Technology Corp. - Product / Service
  - Table HYDAC Technology Corp. - Key offerings
- Johnson Controls International Plc.
  - Table Johnson Controls International Plc. - Overview
  - Table Johnson Controls International Plc. - Business segments
  - Table Johnson Controls International Plc. - Key news
  - Table Johnson Controls International Plc. - Key offerings
  - Table Johnson Controls International Plc. - Segment focus
- LG Corp.
  - Table LG Corp. - Overview
  - Table LG Corp. - Business segments
  - Table LG Corp. - Key offerings
  - Table LG Corp. - Segment focus
- Mitsubishi Electric Corp.
  - Table Mitsubishi Electric Corp. - Overview
  - Table Mitsubishi Electric Corp. - Business segments
  - Table Mitsubishi Electric Corp. - Key news
  - Table Mitsubishi Electric Corp. - Key offerings
  - Table Mitsubishi Electric Corp. - Segment focus
- MTA S.p.A.
  - Table MTA S.p.A. - Overview
  - Table MTA S.p.A. - Product / Service
  - Table MTA S.p.A. - Key offerings
- Paul Mueller Co. Inc.
  - Table Paul Mueller Co. Inc. - Overview
  - Table Paul Mueller Co. Inc. - Business segments
  - Table Paul Mueller Co. Inc. - Key offerings
  - Table Paul Mueller Co. Inc. - Segment focus
- Raytheon Technologies Corp.
  - Table Raytheon Technologies Corp. - Overview
  - Table Raytheon Technologies Corp. - Business segments
  - Table Raytheon Technologies Corp. - Key news
  - Table Raytheon Technologies Corp. - Key offerings
  - Table Raytheon Technologies Corp. - Segment focus
- Reynold India Pvt. Ltd.
  - Table Reynold India Pvt. Ltd. - Overview
  - Table Reynold India Pvt. Ltd. - Product / Service
  - Table Reynold India Pvt. Ltd. - Key offerings
- Senho Machinery Shenzhen Co. Ltd.
  - Table Senho Machinery Shenzhen Co. Ltd. - Overview
  - Table Senho Machinery Shenzhen Co. Ltd. - Product / Service
  - Table Senho Machinery Shenzhen Co. Ltd. - Key offerings
- Smardt Chiller Group Inc.
  - Table Smardt Chiller Group Inc. - Overview
  - Table Smardt Chiller Group Inc. - Product / Service
  - Table Smardt Chiller Group Inc. - Key offerings
- Trane Technologies Plc
  - Table Trane Technologies Plc - Overview
  - Table Trane Technologies Plc - Business segments
  - Table Trane Technologies Plc - Key news
  - Table Trane Technologies Plc - Key offerings
  - Table Trane Technologies Plc - Segment focus
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations