Chiller Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.
Los Angeles, CA -- (SBWIRE) -- 06/06/2019 -- 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 global Chiller market was 9990 million US$ in 2018 and is expected to 13800 million US$ by the end of 2025, growing at a CAGR of 4.1% between 2019 and 2025.
This report studies the Chiller market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Chiller in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Daikin Industries Ltd.
Johnson Controls
Trane Inc.
Carrier Corporation
Smartd Chiller Group Inc.
Thermax Ltd.
Hitachi Appliances Inc.
Climaveneta S.P.A.
Polyscience
Dimplex Thermal Solutions.
Thermal Care Inc.
BV Thermal Systems
Temptek Inc.
Advantage Engineering Inc.
Broad Air Conditioning Co. Ltd.
Hyundai Climate Control Co., Ltd.
Robur Group
Yazaki Corporation
Kawasaki Thermal Eng. Co. Ltd.
By the product type, the market is primarily split into
Screw Chiller
Scroll Chiller
Centrifugal Chiller
Absorption Chiller
Reciprocating Chiller
By the end users/application, this report covers the following segments
Chemicals & Petrochemicals
Food & Beverages
Plastics
Rubber
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