Global Water Chiller Market Growth 2023-2029

Global Water Chiller Market Growth 2023-2029

A water chiller is a mechanical device used to facilitate heat exchange from water to a refrigerant in a closed loop system. Chillers have widespread industrial applications. They are also in huge demand in the Beverages, Plastics, and Medical industries. Chillers are available in different sizes and cooling capacities and have a range of energy consumption levels to meet the requirements of end-users.

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

This Insight Report provides a comprehensive analysis of the global Water Chiller 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 Water Chiller portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Water Chiller market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Water Chiller 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 Water Chiller.

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

In United States, Water Chiller key players include Trane (Ingersoll-Rand), Carrier, Parker Hannifin, etc. Global top three manufacturers hold a share over 35%.

In terms of product, Centrifugal Chillers is the largest segment, with a share over 35%. And in terms of application, the largest application is Plastics and Rubber, followed by Food Processing, Metal forming, Chemical and Pharmaceutical, etc.

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

Market Segmentation:

Segmentation by type

Screw Chillers

Centrifugal Chillers

Reciprocating Chillers

Other

Segmentation by application

Medical

Chemical and Pharmaceutical

Plastics and Rubber

Metal Forming

Food Processing

Other

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 (Ingersoll-Rand)

Carrier

Parker Hannifin

Lennox

Dimplex Thermal Solutions

EcoChillers.

Thermal Care

SMC

Dinkin (McQuay)

Lytron Chillers

Mammoth

Toshiba

Bosch

Advantage Engineering

Mitsubshi

Filtrine

Fluid Chillers.

Budzar Industries

Legacy Chiller Systems USA

Cold Shot Chillers

General Air Products

Dry Coolers.

Orion Machinery

Key Questions Addressed in this Report

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

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

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

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

How does Water Chiller 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.