Chillers are extensively used in industries such as plastic, chemical & petrochemical, rubber and others. In the medical industry, cooling down of hospital magnetic resonance imaging (MRI) units is amongst major applications of chillers. Moreover, these are increasingly being used in the food & beverage industry to maintain the temperature of production equipment and storage environment. Market players provide chillers of various sizes and cooling capabilities to meet the requirements of customers. In the commercial sector, offices, hotels, and hospitals exhibit increasing demand for various types of chillers. In addition, hectic lifestyle of consumers has increased the adoption of frozen foods, which has supplemented the demand for chillers by the food processing industry.
Increase in demand for energy-efficient cooling solutions across industries such as plastic, chemical & petrochemical, rubber & others drives the global chiller market. However, high cost associated with electricity restraints the market growth. Technological advancements are expected to create potential business opportunities for the industry in the near future.
The global chiller market is segmented based on type, end user, and geography. The type segment includes screw, scroll, centrifugal, absorption, and reciprocating chillers. The end user segment comprises industries such as chemicals & petrochemicals, food & beverages, plastics, rubber, and medical & others. Geographically, the market is classified into North America, Europe, Asia-Pacific, and LAMEA. Scroll chiller has gained widespread popularity in the market owing to its extensive usage in wide application areas. The absorption chiller segment is expected to report a relatively faster growth, owing to its low maintenance and manufacturing cost, which have increased its penetration among consumers.
The players profiled in the report are Daikin Industries Ltd., Johnson Controls, Trane Inc., Carrier Corporation, Smartd Chiller Group Inc., Thermax Ltd., Hitachi Appliances Inc., Climaveneta S.P.A., Polyscience, and Dimplex Thermal Solutions.
Other players included in the value chain are 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, and Kawasaki Thermal Eng. Co. Ltd.
POTENTIAL BENEFITS FOR STAKEHOLDERS
CHILLER MARKET SEGMENTATION
BY END USER
KEY PLAYERS IN THE GLOBAL CHILLER MARKET
*Other players in the value chain include
(Profiles not included in the report, the same will be included on request):
SIMILAR MARKET STUDIES
Smart Bathrooms Market by Type (Smart Windows, Hand Dryers, Touchless Cisterns, Smart Toilets, Touchless Soap Dispenser, Touchless Faucets, and Others), and End-User Industry (Nonresidential and Residential) - Global Opportunity Analysis and Industry Forecast, 2017-2023
Smart bathrooms gain popularity among the consumers due to presence of energy efficient and technology driven bathroom accessories. With the rise in disposable income and awareness about energy conservation, consumers are shifting towards the concept of building energy efficient homes, bathroom being one of the most essential areas. The smart ...
September 2017 | $5370 | View Details >>
A door closer is a mechanical device that closes a door, in general after someone opens it. Choosing a door closer can involve the consideration of a variety of criteria. In addition to the closer's performance in fire situations, other criteria may include resistance to opening forces (for use by ...
September 2017 | $4480 | View Details >>
Floor panel is a preassembled unit of floor joists, subflooring, finished flooring, and sometimes ceiling below supported by walls, columns, or beams. Scope of the Report: This report focuses on the Floor Panel in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes ...
September 2017 | $4880 | View Details >>
This report studies the LOW-E Glass market status and outlook of global and major regions, from angles of manufacturers, regions, product types and end industries; this report analyzes the top manufacturers in global and major regions, and splits the LOW-E Glass market by product type and applications/end industries. The sales of ...
September 2017 | $3500 | View Details >>
UPCOMING MARKET RESEARCH REPORTS
2017 © Copyright Big Market Research