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Machinery & Equipment Global Chillers Market 2026 by Company, Regions, Type and Application, Forecast to 2032

  • RnM4713773
    • |
  • 29 June, 2026
    • |
  • Global
    • |
  • 170 Pages
    • |
  • GIR
    • |
  • Machinery & Equipment

According to our (Global Info Research) latest study, the global Chillers market size was valued at US$ 8946 million in 2025 and is forecast to a readjusted size of US$ 11800 million by 2032 with a CAGR of 4.1% during review period.
A chiller is a machine that removes heat from a liquid coolant via a vapor-compression, adsorption refrigeration, or absorption refrigeration cycles. This liquid can then be circulated through a heat exchanger to cool equipment, or another process stream (such as air or process water).
They are used in a variety of applications to cool and dehumidify air or to cool process equipment, such as lasers, medical imaging machines, data centers, and manufacturing equipment.
The global chillers market is experiencing steady growth, driven by increasing demand for climate control systems across commercial, industrial, and residential sectors. Chillers are essential for HVAC systems, process cooling in manufacturing, and data center temperature regulation. The market is significantly influenced by expanding construction activities, especially in Asia-Pacific, where rapid urbanization and infrastructure development in countries like China and India are boosting adoption.
Technological advancements are reshaping the industry, with a strong shift toward energy-efficient and low-GWP refrigerant chillers. Manufacturers are focusing on innovations such as magnetic bearing compressors, smart controls, and variable speed technologies to enhance performance while meeting environmental regulations. The integration of IoT-based monitoring systems is becoming more common, offering predictive maintenance and operational optimization.
In terms of segmentation, air-cooled chillers dominate the market due to their lower installation cost and space efficiency, especially in commercial buildings. However, water-cooled chillers maintain a strong foothold in large industrial and high-capacity applications. Data centers, food & beverage processing, pharmaceuticals, and chemicals are among the fastest-growing end-use industries for chillers.
Looking forward, the global chillers market is expected to grow at a CAGR of around 4–5% over the next five years. Growth will be fueled by rising demand for cooling in hot climate zones, tightening energy efficiency regulations, and increasing investment in green building certifications like LEED. The focus will remain on sustainability, lifecycle cost reduction, and smart infrastructure integration.
This report is a detailed and comprehensive analysis for global Chillers market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Chillers market size and forecasts, in consumption value ($ Million), 2021-2032
Global Chillers market size and forecasts by region and country, in consumption value ($ Million), 2021-2032
Global Chillers market size and forecasts, by Type and by Application, in consumption value ($ Million), 2021-2032
Global Chillers market shares of main players, in revenue ($ Million), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Chillers
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Chillers market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Bosch, Carrier, CustomChill, Inc., Daikin, Dimplex Thermal Solutions, DunAn, Dunham-Bush, Ebara, Guangzhou Teyu Electromechanical, Johnson Controls - Hitachi, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Chillers market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
0°C to -29°C
-30°C to -49°C
-50°C to -99°C
-100°C or less
Others
Market segment by Application
Commercial
Industrial
Market segment by players, this report covers
Bosch
Carrier
CustomChill, Inc.
Daikin
Dimplex Thermal Solutions
DunAn
Dunham-Bush
Ebara
Guangzhou Teyu Electromechanical
Johnson Controls - Hitachi
Legacy Chiller Systems, Inc.
LG Electronics
Lytron Inc
Maruyama Chillers Corporation
Mirapro
Mitsubshi
Multistack
Parker Hannifin
Rexxam
SCY Chiller
Shinwa Controls Co.，Lt
Smardt　Chiller　Group
SMC
Thermonics Chillers
TICA
Trane
WEXTEN
Whaley Products
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Chillers product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Chillers, with revenue, gross margin, and global market share of Chillers from 2021 to 2026.
Chapter 3, the Chillers competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2021 to 2032.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2021 to 2026.and Chillers market forecast, by regions, by Type and by Application, with consumption value, from 2027 to 2032.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Chillers.
Chapter 13, to describe Chillers research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Classification of Chillers by Type
    • 1.3.1 Overview: Global Chillers Market Size by Type: 2021 Versus 2025 Versus 2032
    • 1.3.2 Global Chillers Consumption Value Market Share by Type in 2025
    • 1.3.3 0°C to -29°C
    • 1.3.4 -30°C to -49°C
    • 1.3.5 -50°C to -99°C
    • 1.3.6 -100°C or less
    • 1.3.7 Others
  • 1.4 Global Chillers Market by Application
    • 1.4.1 Overview: Global Chillers Market Size by Application: 2021 Versus 2025 Versus 2032
    • 1.4.2 Commercial
    • 1.4.3 Industrial
  • 1.5 Global Chillers Market Size & Forecast
  • 1.6 Global Chillers Market Size and Forecast by Region
    • 1.6.1 Global Chillers Market Size by Region: 2021 VS 2025 VS 2032
    • 1.6.2 Global Chillers Market Size by Region, (2021-2032)
    • 1.6.3 North America Chillers Market Size and Prospect (2021-2032)
    • 1.6.4 Europe Chillers Market Size and Prospect (2021-2032)
    • 1.6.5 Asia-Pacific Chillers Market Size and Prospect (2021-2032)
    • 1.6.6 South America Chillers Market Size and Prospect (2021-2032)
    • 1.6.7 Middle East & Africa Chillers Market Size and Prospect (2021-2032)

2 Company Profiles

  • 2.1 Bosch
    • 2.1.1 Bosch Details
    • 2.1.2 Bosch Major Business
    • 2.1.3 Bosch Chillers Product and Solutions
    • 2.1.4 Bosch Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.1.5 Bosch Recent Developments and Future Plans
  • 2.2 Carrier
    • 2.2.1 Carrier Details
    • 2.2.2 Carrier Major Business
    • 2.2.3 Carrier Chillers Product and Solutions
    • 2.2.4 Carrier Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.2.5 Carrier Recent Developments and Future Plans
  • 2.3 CustomChill, Inc.
    • 2.3.1 CustomChill, Inc. Details
    • 2.3.2 CustomChill, Inc. Major Business
    • 2.3.3 CustomChill, Inc. Chillers Product and Solutions
    • 2.3.4 CustomChill, Inc. Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.3.5 CustomChill, Inc. Recent Developments and Future Plans
  • 2.4 Daikin
    • 2.4.1 Daikin Details
    • 2.4.2 Daikin Major Business
    • 2.4.3 Daikin Chillers Product and Solutions
    • 2.4.4 Daikin Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.4.5 Daikin Recent Developments and Future Plans
  • 2.5 Dimplex Thermal Solutions
    • 2.5.1 Dimplex Thermal Solutions Details
    • 2.5.2 Dimplex Thermal Solutions Major Business
    • 2.5.3 Dimplex Thermal Solutions Chillers Product and Solutions
    • 2.5.4 Dimplex Thermal Solutions Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.5.5 Dimplex Thermal Solutions Recent Developments and Future Plans
  • 2.6 DunAn
    • 2.6.1 DunAn Details
    • 2.6.2 DunAn Major Business
    • 2.6.3 DunAn Chillers Product and Solutions
    • 2.6.4 DunAn Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.6.5 DunAn Recent Developments and Future Plans
  • 2.7 Dunham-Bush
    • 2.7.1 Dunham-Bush Details
    • 2.7.2 Dunham-Bush Major Business
    • 2.7.3 Dunham-Bush Chillers Product and Solutions
    • 2.7.4 Dunham-Bush Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.7.5 Dunham-Bush Recent Developments and Future Plans
  • 2.8 Ebara
    • 2.8.1 Ebara Details
    • 2.8.2 Ebara Major Business
    • 2.8.3 Ebara Chillers Product and Solutions
    • 2.8.4 Ebara Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.8.5 Ebara Recent Developments and Future Plans
  • 2.9 Guangzhou Teyu Electromechanical
    • 2.9.1 Guangzhou Teyu Electromechanical Details
    • 2.9.2 Guangzhou Teyu Electromechanical Major Business
    • 2.9.3 Guangzhou Teyu Electromechanical Chillers Product and Solutions
    • 2.9.4 Guangzhou Teyu Electromechanical Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.9.5 Guangzhou Teyu Electromechanical Recent Developments and Future Plans
  • 2.10 Johnson Controls - Hitachi
    • 2.10.1 Johnson Controls - Hitachi Details
    • 2.10.2 Johnson Controls - Hitachi Major Business
    • 2.10.3 Johnson Controls - Hitachi Chillers Product and Solutions
    • 2.10.4 Johnson Controls - Hitachi Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.10.5 Johnson Controls - Hitachi Recent Developments and Future Plans
  • 2.11 Legacy Chiller Systems, Inc.
    • 2.11.1 Legacy Chiller Systems, Inc. Details
    • 2.11.2 Legacy Chiller Systems, Inc. Major Business
    • 2.11.3 Legacy Chiller Systems, Inc. Chillers Product and Solutions
    • 2.11.4 Legacy Chiller Systems, Inc. Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.11.5 Legacy Chiller Systems, Inc. Recent Developments and Future Plans
  • 2.12 LG Electronics
    • 2.12.1 LG Electronics Details
    • 2.12.2 LG Electronics Major Business
    • 2.12.3 LG Electronics Chillers Product and Solutions
    • 2.12.4 LG Electronics Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.12.5 LG Electronics Recent Developments and Future Plans
  • 2.13 Lytron Inc
    • 2.13.1 Lytron Inc Details
    • 2.13.2 Lytron Inc Major Business
    • 2.13.3 Lytron Inc Chillers Product and Solutions
    • 2.13.4 Lytron Inc Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.13.5 Lytron Inc Recent Developments and Future Plans
  • 2.14 Maruyama Chillers Corporation
    • 2.14.1 Maruyama Chillers Corporation Details
    • 2.14.2 Maruyama Chillers Corporation Major Business
    • 2.14.3 Maruyama Chillers Corporation Chillers Product and Solutions
    • 2.14.4 Maruyama Chillers Corporation Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.14.5 Maruyama Chillers Corporation Recent Developments and Future Plans
  • 2.15 Mirapro
    • 2.15.1 Mirapro Details
    • 2.15.2 Mirapro Major Business
    • 2.15.3 Mirapro Chillers Product and Solutions
    • 2.15.4 Mirapro Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.15.5 Mirapro Recent Developments and Future Plans
  • 2.16 Mitsubshi
    • 2.16.1 Mitsubshi Details
    • 2.16.2 Mitsubshi Major Business
    • 2.16.3 Mitsubshi Chillers Product and Solutions
    • 2.16.4 Mitsubshi Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.16.5 Mitsubshi Recent Developments and Future Plans
  • 2.17 Multistack
    • 2.17.1 Multistack Details
    • 2.17.2 Multistack Major Business
    • 2.17.3 Multistack Chillers Product and Solutions
    • 2.17.4 Multistack Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.17.5 Multistack Recent Developments and Future Plans
  • 2.18 Parker Hannifin
    • 2.18.1 Parker Hannifin Details
    • 2.18.2 Parker Hannifin Major Business
    • 2.18.3 Parker Hannifin Chillers Product and Solutions
    • 2.18.4 Parker Hannifin Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.18.5 Parker Hannifin Recent Developments and Future Plans
  • 2.19 Rexxam
    • 2.19.1 Rexxam Details
    • 2.19.2 Rexxam Major Business
    • 2.19.3 Rexxam Chillers Product and Solutions
    • 2.19.4 Rexxam Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.19.5 Rexxam Recent Developments and Future Plans
  • 2.20 SCY Chiller
    • 2.20.1 SCY Chiller Details
    • 2.20.2 SCY Chiller Major Business
    • 2.20.3 SCY Chiller Chillers Product and Solutions
    • 2.20.4 SCY Chiller Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.20.5 SCY Chiller Recent Developments and Future Plans
  • 2.21 Shinwa Controls Co.，Lt
    • 2.21.1 Shinwa Controls Co.，Lt Details
    • 2.21.2 Shinwa Controls Co.，Lt Major Business
    • 2.21.3 Shinwa Controls Co.，Lt Chillers Product and Solutions
    • 2.21.4 Shinwa Controls Co.，Lt Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.21.5 Shinwa Controls Co.，Lt Recent Developments and Future Plans
  • 2.22 Smardt Chiller Group
    • 2.22.1 Smardt Chiller Group Details
    • 2.22.2 Smardt Chiller Group Major Business
    • 2.22.3 Smardt Chiller Group Chillers Product and Solutions
    • 2.22.4 Smardt Chiller Group Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.22.5 Smardt Chiller Group Recent Developments and Future Plans
  • 2.23 SMC
    • 2.23.1 SMC Details
    • 2.23.2 SMC Major Business
    • 2.23.3 SMC Chillers Product and Solutions
    • 2.23.4 SMC Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.23.5 SMC Recent Developments and Future Plans
  • 2.24 Thermonics Chillers
    • 2.24.1 Thermonics Chillers Details
    • 2.24.2 Thermonics Chillers Major Business
    • 2.24.3 Thermonics Chillers Chillers Product and Solutions
    • 2.24.4 Thermonics Chillers Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.24.5 Thermonics Chillers Recent Developments and Future Plans
  • 2.25 TICA
    • 2.25.1 TICA Details
    • 2.25.2 TICA Major Business
    • 2.25.3 TICA Chillers Product and Solutions
    • 2.25.4 TICA Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.25.5 TICA Recent Developments and Future Plans
  • 2.26 Trane
    • 2.26.1 Trane Details
    • 2.26.2 Trane Major Business
    • 2.26.3 Trane Chillers Product and Solutions
    • 2.26.4 Trane Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.26.5 Trane Recent Developments and Future Plans
  • 2.27 WEXTEN
    • 2.27.1 WEXTEN Details
    • 2.27.2 WEXTEN Major Business
    • 2.27.3 WEXTEN Chillers Product and Solutions
    • 2.27.4 WEXTEN Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.27.5 WEXTEN Recent Developments and Future Plans
  • 2.28 Whaley Products
    • 2.28.1 Whaley Products Details
    • 2.28.2 Whaley Products Major Business
    • 2.28.3 Whaley Products Chillers Product and Solutions
    • 2.28.4 Whaley Products Chillers Revenue, Gross Margin and Market Share (2021-2026)
    • 2.28.5 Whaley Products Recent Developments and Future Plans

3 Market Competition, by Players

  • 3.1 Global Chillers Revenue and Share by Players (2021-2026)
  • 3.2 Market Share Analysis (2025)
    • 3.2.1 Market Share of Chillers by Company Revenue
    • 3.2.2 Top 3 Chillers Players Market Share in 2025
    • 3.2.3 Top 6 Chillers Players Market Share in 2025
  • 3.3 Chillers Market: Overall Company Footprint Analysis
    • 3.3.1 Chillers Market: Region Footprint
    • 3.3.2 Chillers Market: Company Product Type Footprint
    • 3.3.3 Chillers Market: Company Product Application Footprint
  • 3.4 New Market Entrants and Barriers to Market Entry
  • 3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type

  • 4.1 Global Chillers Consumption Value and Market Share by Type (2021-2026)
  • 4.2 Global Chillers Market Forecast by Type (2027-2032)

5 Market Size Segment by Application

  • 5.1 Global Chillers Consumption Value Market Share by Application (2021-2026)
  • 5.2 Global Chillers Market Forecast by Application (2027-2032)

6 North America

  • 6.1 North America Chillers Consumption Value by Type (2021-2032)
  • 6.2 North America Chillers Market Size by Application (2021-2032)
  • 6.3 North America Chillers Market Size by Country
    • 6.3.1 North America Chillers Consumption Value by Country (2021-2032)
    • 6.3.2 United States Chillers Market Size and Forecast (2021-2032)
    • 6.3.3 Canada Chillers Market Size and Forecast (2021-2032)
    • 6.3.4 Mexico Chillers Market Size and Forecast (2021-2032)

7 Europe

  • 7.1 Europe Chillers Consumption Value by Type (2021-2032)
  • 7.2 Europe Chillers Consumption Value by Application (2021-2032)
  • 7.3 Europe Chillers Market Size by Country
    • 7.3.1 Europe Chillers Consumption Value by Country (2021-2032)
    • 7.3.2 Germany Chillers Market Size and Forecast (2021-2032)
    • 7.3.3 France Chillers Market Size and Forecast (2021-2032)
    • 7.3.4 United Kingdom Chillers Market Size and Forecast (2021-2032)
    • 7.3.5 Russia Chillers Market Size and Forecast (2021-2032)
    • 7.3.6 Italy Chillers Market Size and Forecast (2021-2032)

8 Asia-Pacific

  • 8.1 Asia-Pacific Chillers Consumption Value by Type (2021-2032)
  • 8.2 Asia-Pacific Chillers Consumption Value by Application (2021-2032)
  • 8.3 Asia-Pacific Chillers Market Size by Region
    • 8.3.1 Asia-Pacific Chillers Consumption Value by Region (2021-2032)
    • 8.3.2 China Chillers Market Size and Forecast (2021-2032)
    • 8.3.3 Japan Chillers Market Size and Forecast (2021-2032)
    • 8.3.4 South Korea Chillers Market Size and Forecast (2021-2032)
    • 8.3.5 India Chillers Market Size and Forecast (2021-2032)
    • 8.3.6 Southeast Asia Chillers Market Size and Forecast (2021-2032)
    • 8.3.7 Australia Chillers Market Size and Forecast (2021-2032)

9 South America

  • 9.1 South America Chillers Consumption Value by Type (2021-2032)
  • 9.2 South America Chillers Consumption Value by Application (2021-2032)
  • 9.3 South America Chillers Market Size by Country
    • 9.3.1 South America Chillers Consumption Value by Country (2021-2032)
    • 9.3.2 Brazil Chillers Market Size and Forecast (2021-2032)
    • 9.3.3 Argentina Chillers Market Size and Forecast (2021-2032)

10 Middle East & Africa

  • 10.1 Middle East & Africa Chillers Consumption Value by Type (2021-2032)
  • 10.2 Middle East & Africa Chillers Consumption Value by Application (2021-2032)
  • 10.3 Middle East & Africa Chillers Market Size by Country
    • 10.3.1 Middle East & Africa Chillers Consumption Value by Country (2021-2032)
    • 10.3.2 Turkey Chillers Market Size and Forecast (2021-2032)
    • 10.3.3 Saudi Arabia Chillers Market Size and Forecast (2021-2032)
    • 10.3.4 UAE Chillers Market Size and Forecast (2021-2032)

11 Market Dynamics

  • 11.1 Chillers Market Drivers
  • 11.2 Chillers Market Restraints
  • 11.3 Chillers Trends Analysis
  • 11.4 Porters Five Forces Analysis
    • 11.4.1 Threat of New Entrants
    • 11.4.2 Bargaining Power of Suppliers
    • 11.4.3 Bargaining Power of Buyers
    • 11.4.4 Threat of Substitutes
    • 11.4.5 Competitive Rivalry

12 Industry Chain Analysis

  • 12.1 Chillers Industry Chain
  • 12.2 Chillers Upstream Analysis
  • 12.3 Chillers Midstream Analysis
  • 12.4 Chillers Downstream Analysis

13 Research Findings and Conclusion

    14 Appendix

    • 14.1 Methodology
    • 14.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Chillers. Industry analysis & Market Report on Chillers is a syndicated market report, published as Global Chillers Market 2026 by Company, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Chillers market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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