Global Industrial Chillers Market Growth 2023-2029
Industrial chiller is a kind of water cooling equipment, is able to provide constant temperature, constant current, constant pressure cooling equipment. The principle of which is to a certain amount of water injection machine internal water tank, the water cooling through the cooling system, and then have the inside of the machine cryogenic frozen water injection pump need to cooling equipment, cold water machine the internal heat away, the high temperature cooling of the hot water back into the water again, so exchange cooling cycle, as the function of the cooling equipment.
LPI (LP Information)' newest research report, the “Industrial Chillers Industry Forecast” looks at past sales and reviews total world Industrial Chillers sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Chillers sales for 2023 through 2029. With Industrial Chillers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Chillers industry.
This Insight Report provides a comprehensive analysis of the global Industrial Chillers 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 Industrial Chillers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Chillers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Chillers and breaks down the forecast by outlet temperature, 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 Industrial Chillers.
The global Industrial Chillers market size is projected to grow from US$ 2214.8 million in 2022 to US$ 2803.2 million in 2029; it is expected to grow at a CAGR of 2803.2 from 2023 to 2029.
The main manufacturers of Global Industrial Chiller include Johnson Controls, Mitsubshi, Daikin, etc. These top three manufacturers hold a market share about 45%. North America and Japan are the major producing regions in the world, with 24% and 23% market share, respectively, followed by China. In terms of application, the product is most widely used in chemical industry, followed by pharmaceuticals industry.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Chillers market by product outlet temperature, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by outlet temperature
Outlet Temperature: -25℃ ~ -5℃
Outlet Temperature: -25℃ ~ -45℃
Outlet Temperature: Lower than -45℃
Segmentation by application
Chemical
Pharmaceutical
Food and Beverage
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.
Johnson Controls
Mitsubshi
Daikin
Trane (Ingersoll-Rand)
Parker Hannifin
Dunham-Bush
Bosch
Dimplex Thermal Solutions
Orion Machinery
Legacy Chillers, Inc.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Industrial Chillers market?
What factors are driving Industrial Chillers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Industrial Chillers market opportunities vary by end market size?
How does Industrial Chillers break out outlet temperature, 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.
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