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). As a necessary by product, refrigeration creates waste heat that must be exhausted to ambience, or for greater efficiency, recovered for heating purposes.
Chillers have gained popularity owing to factors such as rise in consumption of frozen foods, high demand for energy-efficient cooling solutions and growth in the industrial sector.
The Chiller market was valued at 9990 Million US$ in 2018 and is projected to reach 13800 Million US$ by 2025, at a CAGR of 4.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Chiller.
This report presents the worldwide Chiller market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Daikin Industries Ltd.
Smartd Chiller Group Inc.
Hitachi Appliances Inc.
Dimplex Thermal Solutions.
Thermal Care Inc.
BV Thermal Systems
Advantage Engineering Inc.
Broad Air Conditioning Co. Ltd.
Hyundai Climate Control Co., Ltd.
Kawasaki Thermal Eng. Co. Ltd.
Chiller Breakdown Data by Type
Chiller Breakdown Data by Application
Chemicals & Petrochemicals
Food & Beverages
Medical & Others
Chiller Production by Region
Chiller Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Chiller status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Chiller manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Chiller :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Chiller market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.