Global HVAC Chillers Market 2021-2025

Global HVAC chillers market 2021-2025

The publisher has been monitoring the HVAC chillers market and it is poised to grow by $ 2.62 bn during 2021-2025, progressing at a CAGR of 5% during the forecast period. The report on HVAC chillers market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing demand for absorption chillers across the industrial sector and growing demand for district cooling. In addition, the growing demand for absorption chillers across the industrial sector is anticipated to boost the growth of the market as well.

The HVAC chillers market analysis includes product segment, end-user segments and geographical landscapes.

The HVAC chillers market is segmented as below:

By Product

• Screw chillers
• Scroll chillers
• Centrifugal chillers
• Other chillers

By Geographical Landscapes

• APAC
• Europe
• North America
• South America
• MEA

By End-user

• Industrial sector
• Commercial sector

This study identifies growth in commercial and industrial sectors as one of the prime reasons driving the HVAC chillers market growth during the next few years.

The report on HVAC chillers market covers the following areas:

• HVAC chillers market sizing
• HVAC chillers market forecast
• HVAC chillers market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading HVAC chillers market vendors that include AB Electrolux, Daikin Industries Ltd., Honeywell International Inc., Johnson Controls International Plc, LG Electronics Inc., Mitsubishi Electric Corp., Panasonic Corp., Samsung Electronics Co. Ltd., Siemens AG, and Trane Technologies Plc. Also, the HVAC chillers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

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 an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.