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India Chiller Market, By Product Type (Scroll & Reciprocating, Screw, Centrifugal, Absorption), By Heat Load (<20kW, 20-50kW, 50-100kW, 100-1000kW, Above 1000kW), By End Use, By Region, Competition, Forecast & Opportunities, FY2027

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    Report

  • 78 Pages
  • December 2021
  • Region: India
  • TechSci Research
  • ID: 5022559
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10% Free customization

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FEATURED COMPANIES

  • Blue Star Limited
  • Carrier Midea India
  • Multistack LLC
  • Thermal Care Inc
  • Thermax Limited
  • Voltas Limited
Free Webex Call

Speak directly to the analyst to clarify any post sales queries you may have.

10% Free customization

This report comes with 10% free customization, enabling you to add data that meets your specific business needs.

India chiller market is expected to grow at a steady CAGR during the forecast period. The India chiller market is driven by the flourishing food & beverage industry in the country. Furthermore, growing popularity of frozen foods and ready to eat food especially among the working population and youth is positively impacting the growth of market in the country. Additionally, these chillers are easy to install, easily available in affordable prices, efficient and durable thereby propelling the market.



The India chiller market is segmented based on product type, heat load, end use, region and company. Based on product type, the market can be categorized into scroll & reciprocating, screw, centrifugal and absorption. The scroll & reciprocating segment is expected to dominate the market during forecast years owing to their extensive use in various end user industries such as plastic industry, chemical & petrochemical industry, among others. Based on end use, the market can be bifurcated into industrial (metal & mining, pharmaceuticals, chemical & petrochemical, water treatment, construction, plastic, oil & gas, others) and commercial (healthcare, telecom, education, government, BFSI, retail, others). The chemical & petrochemical industry segment is expected to hold significant market share until FY2027 attributable to the increasing demand of chillers for cooling hot oil & chemicals.



Major players operating in the India chiller market include Johnson Controls India Ltd., Voltas Limited, Daikin Airconditioning India Pvt. Ltd., Thermax Limited, Blue Star Limited, Carrier Midea India, Mitsubishi Electric Corporation, United Technologies Corporation, Thermal Care Inc., Multistack LLC and others.



Years considered for this report:

  • Historical Years: FY2017-FY2020
  • Base Year: FY2021
  • Estimated Year: FY2022
  • Forecast Period: FY2023-FY2027

Objective of the Study:

  • To analyze and forecast the market size of India chiller market.
  • To classify and forecast India chiller market based on product type, heat load, end use, company and regional distribution.
  • To identify drivers and challenges for India chiller market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India chiller market.
  • To conduct pricing analysis for India chiller market.
  • To identify and analyze the profile of leading players operating in India chiller market.

The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of manufacturers across the country. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufacturers which could not be identified due to the limitations of secondary research. The publisher analyzed the manufacturers, distribution channels and presence of all major players across the country.



The publisher calculated the market size of India chiller market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.



Key Target Audience:

  • Chiller manufacturers, suppliers, distributors and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to chiller
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.



Report Scope:


In this report, India chiller market has been segmented into following categories, in addition to the industry trends which have also been detailed below:



India Chiller Market, By Product Type:

  • Scroll & Reciprocating
  • Screw
  • Centrifugal
  • Absorption

India Chiller Market, By Heat Load:

  • < 20kW
  • 20-50kW
  • 50-100kW
  • 100-1000kW
  • Above 1000kW

India Chiller Market, By End Use:

  • Industrial
  • Commercial

India Chiller Market, By Region:

  • North
  • South
  • East
  • West

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India chiller market.



Available Customizations:

With the given market data, the publisher offers customizations according to a company’s specific needs.




This product will be delivered within 1-3 business days.

FEATURED COMPANIES

  • Blue Star Limited
  • Carrier Midea India
  • Multistack LLC
  • Thermal Care Inc
  • Thermax Limited
  • Voltas Limited

1. Product Overview2. Research Methodology3. Impact of COVID-19 on India Chiller Market4. Executive Summary5. Voice of Customer
6. India Chiller Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Product Type (Scroll & Reciprocating, Screw, Centrifugal, Absorption)
6.2.2. By Heat Load (< 20kW, 20-50kW, 50-100kW, 100-1000kW, Above 1000kW)
6.2.3. By End Use (Industrial (Metal & Mining, Pharmaceuticals, chemical & Petrochemical, Water Treatment, Construction, Plastic, Oil & Gas, Others) Commercial (Healthcare, Telecom, Education, Government, BFSI, Retail, Others))
6.2.4. By Region (East; West; North; South)
6.2.5. By Company (2020)
6.3. Market Attractiveness Index
7. India Scroll & Reciprocating Chiller Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Heat Load
7.2.2. By End Use
7.2.3. By Region
8. India Screw Chiller Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Heat Load
8.2.2. By End Use
8.2.3. By Region
9. India Centrifugal Chiller Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Heat Load
9.2.2. By End Use
9.2.3. By Region
10. India Absorption Chiller Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Heat Load
10.2.2. By End Use
10.2.3. By Region
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments13. Policy & Regulatory Landscape14. India Economic Profile
15. Competitive Landscape
15.1. Competition Outlook
15.2. Company Profiles
15.2.1. Johnson Controls India Ltd.
15.2.2. Voltas Limited
15.2.3. Daikin Airconditioning India Pvt. Ltd.
15.2.4. Thermax Limited
15.2.5. Blue Star Limited
15.2.6. Carrier Midea India
15.2.7. Mitsubishi Electric Corporation
15.2.8. United Technologies Corporation
15.2.9. Thermal Care Inc.
15.2.10. Multistack LLC
16. Strategic Recommendations
17. About Us & Disclaimer
(Note: The companies list can be customized based on the client requirements)

A selection of companies mentioned in this report includes:

  • Johnson Controls India Ltd
  • Voltas Limited
  • Daikin Airconditioning India Pvt Ltd
  • Thermax Limited
  • Blue Star Limited
  • Carrier Midea India
  • Mitsubishi Electric Corporation
  • United Technologies Corporation
  • Thermal Care Inc
  • Multistack LLC