Global Industrial Chillers Market 2017-2021

  • ID: 4380335
  • Report
  • Region: Global
  • 80 pages
  • TechNavio
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FEATURED COMPANIES

  • Airedale Cooling Services
  • Carrier
  • Fujitsu General
  • Ingersoll Rand
  • Midea Group
  • Panasonic
  • MORE
About Industrial Chillers

Industrial chillers are systems that cool or dehumidify the air in commercial and industrial facilities. The chillers use either absorption cycle or vapor compression for cooling. There are three types of chillers, namely, air chillers, water chillers, and evaporative condensed chillers. The basic components of chillers through which the refrigerant passes include evaporators, compressors, condensers, and expansion valves.

The analysts forecast the global industrial chillers market to grow at a CAGR of 3.80% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial chillers market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Industrial Chillers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Carrier
  • Daikin Industries
  • Ingersoll Rand
  • Johnson Controls
  • Mitsubishi Electric
Other prominent vendors
  • Airedale Cooling Services
  • Blue Star
  • Fujitsu General
  • Haier
  • Midea Group
  • Panasonic
  • SAMSUNG
  • Smardt Chiller Group
  • Thermax Inc.
Market drivers
  • Increase in demand for frozen foods
  • For a full, detailed list, view the full report
Market challenges
  • Intense market competition
  • For a full, detailed list, view the full report
Market trends
  • IoT-enabled chillers
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Airedale Cooling Services
  • Carrier
  • Fujitsu General
  • Ingersoll Rand
  • Midea Group
  • Panasonic
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by end-user
  • Market overview
  • Global industrial chillers market in plastics industry
  • Global industrial chillers market in chemical and petrochemical industry
  • Global industrial chillers market in food and beverage industry
  • Global industrial chillers market in pharmaceutical and biotechnology industry
PART 07: Geographical segmentation
  • Market overview
  • Industrial chillers market in APAC
  • Industrial chillers market in EMEA
  • Industrial chillers market in Americas
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • IoT-enabled chillers
  • Latest innovations in chillers
  • Use of low-GWP refrigerants
PART 11: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 12: Key vendor analysis
  • Carrier
  • Daikin Industries
  • Ingersoll Rand
  • Johnson Controls
  • Mitsubishi Electric
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global industrial chillers market by end-user 2016-2021 ($ millions)
Exhibit 02: Global industrial chillers market overview
Exhibit 03: Global industrial chillers market 2016-2021 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Global industrial chillers market by end-user 2016 and 2021 (%)
Exhibit 06: Global industrial chillers market in plastics industry 2016-2021 ($ millions)
Exhibit 07: Global industrial chillers market in chemical and petrochemical industry 2016-2021 ($ millions)
Exhibit 08: Global industrial chillers market in food and beverage industry 2016-2021 ($ millions)
Exhibit 09: Global industrial chillers market in pharmaceutical and biotechnology industry 2016-2021 ($ millions)
Exhibit 10: Global industrial chillers market by geography 2016 and 2021 (%)
Exhibit 11: Industrial chillers market in APAC 2016-2021 ($ millions)
Exhibit 12: Industrial chillers market in EMEA 2016-2021 ($ millions)
Exhibit 13: Top 10 countries in the world for per capita consumption of alcohol 2016 (liters)
Exhibit 14: Industrial chillers market in Americas 2016-2021 ($ millions)
Exhibit 15: Annual growth rate of China’s GDP 2008-2015 (%)
Exhibit 16: Global warming potential (GWP) and ozone depletion potential (ODP) of refrigerants
Exhibit 17: Other prominent vendors
Exhibit 18: Carrier in building solutions: Product offerings
Exhibit 19: Daikin Industries: Products and services
Exhibit 20: Daikin Industries: Industrial chiller portfolio
Exhibit 21: Ingersoll Rand's brands: Product offerings
Exhibit 22: Trane: Product offerings
Exhibit 23: Johnson Controls: Product offerings
Exhibit 24: Johnson Controls: Chiller portfolio
Exhibit 25: Mitsubishi Electric: Product offerings
Exhibit 26: Mitsubishi Electric: Chiller portfolio
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Airedale Cooling Services
  • Carrier
  • Fujitsu General
  • Ingersoll Rand
  • Midea Group
  • Panasonic
  • MORE
New Report Released: - Global Industrial Chillers Market 2017-2021

The author of the report recognizes the following companies as the key players in the global industrial chillers market: Carrier, Daikin Industries, Ingersoll Rand, Johnson Controls, and Mitsubishi Electric.

Other Prominent Vendors in the market are: Airedale Cooling Services, Blue Star, Fujitsu General, Haier, Midea Group, Panasonic, SAMSUNG, Smardt Chiller Group, and Thermax Inc.

Commenting on the report, an analyst from the research team said: “One trend in the market is IoT-enabled chillers. Building Automation Systems (BAS) play a key role in the industrial chiller market. These BAS control and monitor the HVAC equipment installed in buildings. BAS are embedded with digital communication tools systems, which allow them to enhance the energy efficiency of these systems. Due to such advances in technology, various industrial and commercial buildings are using the Internet of Things (IoT) to improve the efficiency of their HVAC systems.”

According to the report, one driver in the market is increase in demand for frozen foods. The frozen food market is rapidly growing due to the availability of products throughout the year, which means that they are not limited by seasonal availability. There is a significant rise in the demand for frozen foods due to changes in consumer behavior as well as demographic shifts. Due to the lack of time, many consumers prefer to buy processed fruits and vegetables for their daily consumption. The changes in eating habits and health consciousness have significantly triggered the demand for processed foods.

Further, the report states that one challenge in the market is intense market competition. The presence of many regional and international players increases the competition in the industrial chillers market. Most of the major players are threatened due to the presence of local players as the latter offer lower-cost products and components. Some of the vendors in APAC even sell parts and components at subsidized rates, which affects the sales of the high-quality premium products manufactured by major players. This affects the pricing strategy, R&D investments, and brand image of established international players.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Carrier
  • Daikin Industries
  • Ingersoll Rand
  • Johnson Controls
  • Mitsubishi Electric
  • Airedale Cooling Services
  • Blue Star
  • Fujitsu General
  • Haier
  • Midea Group
  • Panasonic
  • SAMSUNG
  • Smardt Chiller Group
  • Thermax Inc
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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