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Market Size

Global Chiller Market Size, Share, Growth, Trends, Report: By Type: Screw, Scroll, Centrifugal, Others; By Product Type: Air Cooled, Water Cooled; By Power Range: Less than 50 kW, 50 – 200 kW, More than 200 kW; By Industry: Food and Beverage, Plastic and Rubber, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Chiller Market Size

The global chiller market size reached a value of more than USD 11.41 billion in 2023. The market is expected to grow at a CAGR of 3.90% between 2024 and 2032, likely to attain a value of USD 16.10 billion by 2032.

 

Chiller Market Report Snapshots

Chiller Market Size

Chiller Market Trends

Chiller Market Analysis

Chiller Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Chiller Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Chiller Historical Market (2018-2023) 
    8.3    Global Chiller Market Forecast (2024-2032)
    8.4    Global Chiller Market by Type
        8.4.1    Screw
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2023)
            8.4.1.3    Forecast Trend (2024-2032)
        8.4.2    Scroll
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2023)
            8.4.2.3    Forecast Trend (2024-2032)
        8.4.3    Centrifugal
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2023)
            8.4.3.3    Forecast Trend (2024-2032)
        8.4.4    Others
    8.5    Global Chiller Market by Product Type
        8.5.1    Air Cooled
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2023)
            8.5.1.3    Forecast Trend (2024-2032)
        8.5.2    Water Cooled
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2023)
            8.5.2.3    Forecast Trend (2024-2032)
    8.6    Global Chiller Market by Power Range
        8.6.1    Less than 50 kW
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2023)
            8.6.1.3    Forecast Trend (2024-2032)
        8.6.2    50 – 200 kW
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2023)
            8.6.2.3    Forecast Trend (2024-2032)
        8.6.3    More than 200 kW
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2023)
            8.6.3.3    Forecast Trend (2024-2032)
    8.7    Global Chiller Market by Industry
        8.7.1    Food and Beverage
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2023)
            8.7.1.3    Forecast Trend (2024-2032)
        8.7.2    Plastic and Rubber
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2023)
            8.7.2.3    Forecast Trend (2024-2032)
        8.7.3    Chemicals and Petrochemicals
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2023)
            8.7.3.3    Forecast Trend (2024-2032)
        8.7.4    Pharmaceuticals
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2023)
            8.7.4.3    Forecast Trend (2024-2032)
        8.7.5    Others
    8.8    Global Chiller Market by Region
        8.8.1    North America
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2018-2023) 
            8.8.1.3    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2018-2023) 
            8.8.2.3    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2018-2023) 
            8.8.3.3    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Market Share
            8.8.4.2    Historical Trend (2018-2023) 
            8.8.4.3    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Market Share
            8.8.5.2    Historical Trend (2018-2023) 
            8.8.5.3    Forecast Trend (2024-2032)
9    North America Chiller Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2023) 
        9.1.3    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2023) 
        9.2.3    Forecast Trend (2024-2032)
10    Europe Chiller Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2023) 
        10.1.3    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2023) 
        10.2.3    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2023) 
        10.3.3    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2023) 
        10.4.3    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Chiller Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2023) 
        11.1.3    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2023) 
        11.2.3    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2023) 
        11.3.3    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2023) 
        11.4.3    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2023) 
        11.5.3    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Chiller Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2023) 
        12.1.3    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2023) 
        12.2.3    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2023) 
        12.3.3    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Chiller Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2023) 
        13.1.3    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2023) 
        13.2.3    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2023) 
        13.3.3    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2023) 
        13.4.3    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Carrier Global Corporation
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Daikin Industries, Ltd.
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    LG Electronics
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Panasonic Corporation
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Smardt Chiller Group, Inc.
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Mitsubishi Electric Corporation
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Others
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Chiller Market: Key Industry Highlights, 2018 and 2032
2.    Global Chiller Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Chiller Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Chiller Historical Market: Breakup by Capacity (USD Billion), 2018-2023
5.    Global Chiller Market Forecast: Breakup by Capacity (USD Billion), 2024-2032
6.    Global Chiller Historical Market: Breakup by Industry (USD Billion), 2018-2023
7.    Global Chiller Market Forecast: Breakup by Industry (USD Billion), 2024-2032
8.    Global Chiller Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Chiller Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    North America Chiller Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Chiller Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe Chiller Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Chiller Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific Chiller Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Chiller Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America Chiller Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Chiller Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa Chiller Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Chiller Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Global Chiller Market Structure

Key Questions Answered in the Report

In 2023, the global market for chillers reached a value of USD 11.41 billion.

The market is expected to grow at a CAGR of 3.90% during the period 2024-2032.

The market is expected to reach a value of USD 16.10 billion by 2032.

The market is driven by the growing demand for chillers in manufacturing industries to cool down equipment used in the manufacturing process and the rising demand for energy-efficient chillers.

The increasing industrial and construction activities are leading to increased demand for chillers and are expected to bring new growth opportunities to the market.

The regional markets for the global chiller market include North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.

The types of chillers available in the market include screw, scroll, and centrifugal, among others.

The product types available in the market include air-cooled and water-cooled, among others.

The different power ranges for chiller in the market are less than 50 kW, 50-200 kW, and more than 200 kw.

The industries utilizing chillers include food and beverage, plastic and rubber, chemicals and petrochemicals, and pharmaceuticals, among others.

The key players in the market include Carrier Global Corporation, Daikin Industries, Ltd., LG Electronics, Panasonic Corporation, Smardt Chiller Group, Inc., and Mitsubishi Electric Corporation, among others.

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