Global Chiller Unit Market Growth 2023-2029

Global Chiller Unit Market Growth 2023-2029

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).

LPI (LP Information)' newest research report, the “Chiller Unit Industry Forecast” looks at past sales and reviews total world Chiller Unit sales in 2022, providing a comprehensive analysis by region and market sector of projected Chiller Unit sales for 2023 through 2029. With Chiller Unit sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Chiller Unit industry.

This Insight Report provides a comprehensive analysis of the global Chiller Unit landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Chiller Unit portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Chiller Unit market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Chiller Unit and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Chiller Unit.

The global Chiller Unit market size is projected to grow from US$ 7141.7 million in 2022 to US$ 9626.1 million in 2029; it is expected to grow at a CAGR of 9626.1 from 2023 to 2029.

China is the largest Chiller Unit market with about 32% market share. Europe is follower, accounting for about 16% market share.

The key players are Trane, Johnson Controls - Hitachi, Carrier, Mitsubshi, LG Electronics, Daikin, DunAn, Dunham-Bush, TICA, Bosch, Ebara, Smardt　Chiller　Group, Parker Hannifin, Dimplex Thermal Solutions etc. Top 3 companies occupied about 26% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Chiller Unit market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

0°C to -29°C

-30°C to -49°C

-50°C to -99°C

-100°C or less

Others

Segmentation by application

Commercial

Industrial

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Trane

Johnson Controls - Hitachi

Carrier

Mitsubshi

LG Electronics

Daikin

DunAn

Dunham-Bush

TICA

Bosch

Ebara

Smardt　Chiller　Group

Parker Hannifin

Dimplex Thermal Solutions

Key Questions Addressed in this Report

What is the 10-year outlook for the global Chiller Unit market?

What factors are driving Chiller Unit market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Chiller Unit market opportunities vary by end market size?

How does Chiller Unit break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.