The Japan chiller market size reached around USD 400.74 Million in 2025. The market is projected to grow at a CAGR of 3.30% between 2026 and 2035 to reach nearly USD 554.45 Million by 2035. The market growth can be attributed to the rising demand for water cooled chillers, the increasing emphasis on sustainability, rapid industrialisation, and technological advancements and innovations.
Base Year
Historical Period
Forecast Period
The food and beverage sector requires cold storage facilities to preserve products such as dairy, fresh produce, beverages, and frozen products. This is necessitating the usage of commercial and industrial chillers for the storage and transportation of perishable food products. In 2022, overall food and beverage sales in Japan reached USD 327 billion. As the food and beverage sector expands, the expansion of temperature-controlled warehousing and storage facilities for local distribution and export activities is aiding the Japan chiller market development.
Japan boasts an advanced healthcare system, supported by universal insurance coverage and high health expenditure. This is surging the requirement for chillers in healthcare facilities, such as pharmaceutical distribution centres and hospitals, to maintain ideal temperature conditions for medical equipment, patient care, and pharmaceuticals. In the forecast period, the ageing population of the country and the increasing healthcare needs are expected to drive the demand for chillers to maintain the ideal temperature for biological products, pharmaceuticals, and medical supplies.
In Japan, with the growing trend of sustainability, there is a growing demand for absorption chillers that can be powered by waste heat or renewable energy sources. Such chillers also support businesses to reduce energy costs and lower the reliance on electricity. In the coming years, the introduction of stringent government regulations pushing for sustainability in industrial activities is expected to propel the market.
Compound Annual Growth Rate
3.3%
Value in USD Million
2026-2035
*this image is indicative*
|
Japan Chiller Market Report Summary |
Description |
Value |
|
Base Year |
USD Million |
2025 |
|
Historical period |
USD Million |
2019-2025 |
|
Forecast Period |
USD Million |
2026-2035 |
|
Market Size 2025 |
USD Million |
400.74 |
|
Market Size 2035 |
USD Million |
554.45 |
|
CAGR 2019-2025 |
Percentage |
XX% |
|
CAGR 2026-2035 |
Percentage |
3.30% |
|
CAGR 2026-2035 - Market by Compressor Type |
Centrifugal Chillers |
3.2% |
|
CAGR 2026-2035 - Market by Compressor Type |
Absorption Chillers |
2.5% |
|
CAGR 2026-2035 - Market by Type of Cooling |
Water Cooled |
2.8% |
|
CAGR 2026-2035 - Market by End Use |
Plastics |
2.6% |
|
Market Share by Compressor Type 2025 |
Scroll Chillers |
36.7% |
The development of smart hybrid chillers, which optimise the use of electricity and natural gas to reduce electricity costs by up to 15% and drive the energy efficiency of buildings, is expected to aid the market over the forecast period.
The rising demand for sustainable chillers is expected to bolster the market growth in Japan. Major companies are developing R744 (carbon dioxide) as an alternative to f-gas refrigerants in semiconductor chillers in Japan. This is resulting in a significant reduction in carbon emissions while enabling companies to minimise their electricity bills. Since these chiller models are relatively smaller than f-gas refrigerant-based chillers, the organisations’ repair and maintenance costs have also been substantially minimised.
Increasing industrial collaboration has led to the development of unique chiller prototypes, which uses water as an eco-friendly, non-flammable, and non-toxic refrigerant. They are significantly smaller in size than conventional water-based chillers with a centrifugal compressor while ensuring comparable performance. These chillers can adapt to different applications, such as the designing of HVAC systems and manufacturing refrigerators while minimising carbon footprint. Hence, increasing innovations by key players is creating lucrative Japan chiller market opportunities.
The Japan chiller market expansion is being driven by rising demand for chillers in data centres; rapid industrialisation; technological advancements; and growing demand for eco-friendly refrigerants.
In data centres, chillers are essential to optimise cooling, reduce carbon footprints and energy costs, and maintain uptime. Hence, the expansion of data centres in the country amid rapid digital transformation and the increasing adoption of data-intensive technologies like AI is boosting the Japan chiller market revenue.
Rapid industrialisation in the country is boosting the demand for chillers, especially in sectors such as automotive, food processing, chemicals, and pharmaceuticals, among others, to ensure precise temperature control in production lines and storage facilities.
There is a growing integration of advanced technologies, such as automation and smart controls, to enable chillers to adapt their operations in real time based on ambient conditions, load demand, and energy prices. Technologies such as the Internet of things (IoT), enabling remote monitoring and diagnostics of chillers while ensuring optimal chiller operation and minimising downtime, are also expected to aid the market in the coming years.
In Japan, growing environmental concerns are leading to the shift towards eco-friendly refrigerants with lower global warming potential (GWP) and ozone depletion potential (ODP).
The increasing number of industrial zones and parks and the rising demand for centralised cooling systems are aiding the Japan chiller market development. The growing emphasis on reducing energy consumption in industrial activities is boosting the demand for energy-efficient chillers that lower the amount of energy needed for cooling.
Eco-friendly refrigerants, such as propane, isobutane, and ammonia, are typically more energy-efficient than their traditional counterparts, resulting in lower energy consumption. Such refrigerants also boast improved cooling efficiency, enhancing the durability of chillers. In the forecast period, the introduction of stringent government regulations aimed at promoting sustainability is expected to surge the demand for eco-friendly refrigerants.
The EMR’s report titled “Japan Chiller Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Breakup by Type of Cooling
Breakup by Compression Type
Breakup by End Use
Based on type of cooling, the market is segmented into water cooled and air cooled. Water cooled chillers are projected to grow at a CAGR of 2.8% during the forecast period of 2026-2035 as they boast high efficiency and enhanced durability. They also require infrastructure such as water treatment systems, cooling towers, and plumbing solutions. Meanwhile, air cooled chillers, relying on air for heat dissipation, are simple and compact, do not require access to water treatment facilities, and boast ease of maintenance.
|
CAGR 2026-2035 - Market by |
Type of Cooling |
|
Water Cooled |
2.8% |
|
Air Cooled |
XX% |
Key Japan chiller market players are actively investing in research activities to lower environmental impact and enhance the energy efficiency of chillers. They are also focusing on developing chillers integrated with technologies such as artificial intelligence (AI) and the Internet of things (IoT) to facilitate predictive and remote maintenance and optimise operations.
Daikin Industries Ltd., headquartered in Osaka, Japan, is a renowned innovator and provider in the air conditioning, heating, ventilation, and refrigeration industries. Founded in 1924, it leverages advanced technologies to manufacture and sell technologically advanced air conditioning services and products to customers in over 170 countries.
Headquartered in Florida, United States, Carrier Global Corp. is a prominent intelligent energy and climate solutions company. Established in 1902, the company has over 75 brands and an employee base of 53,000. In 2023, the company achieved net sales amounting to USD 22.1 billion.
LG Corp., founded in 1947 and headquartered in Seoul, South Korea, is a global innovator in technology and consumer electronics. In 2024, the company achieved a combined revenue of more than KRW 88 trillion.
Founded in 1918 and headquartered in Osaka, Japan, Panasonic Holdings Corp. is involved in the development and sales of heating and ventilation solutions, electronic appliances, and electrical equipment. It has around 90,000 employees and 166 bases, and its sales amounted to JPY 3,494.4 billion in 2023.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other major players in the Japan chiller market are Johnson Controls International Plc, Trane Technologies Plc, Smardt Chiller Group, Inc., Mitsubishi Electric Corporation, Ebara Corp., and HYDAC International GmbH, among others.
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*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.*
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In 2025, the market attained a value of nearly USD 400.74 Million.
The market is assessed to grow at a CAGR of 3.30% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach about USD 554.45 Million by 2035.
The major trends in the market include the growing adoption of eco-friendly refrigerants and technological advancements.
As per the EMR report, the different types of cooling of chillers are air cooled and water cooled.
The different end uses of chillers include food and beverage, chemicals and petrochemicals, medical and pharmaceutical, and plastics, among others.
The major players in the market are Daikin Industries Ltd., Carrier Global Corp., LG Corp., Johnson Controls International Plc, Trane Technologies Plc, Smardt Chiller Group, Inc., Panasonic Holdings Corp., Mitsubishi Electric Corporation, Ebara Corp., and HYDAC International GmbH, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type of Cooling |
|
| Breakup by Compressor Type |
|
| Breakup by End Use |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
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