Chiller Market in Europe 2021-2025

Chiller Market in Europe 2021-2025

The publisher has been monitoring the chiller market in Europe and it is poised to grow by $ 593.05 mn during 2021-2025, progressing at a CAGR of 5% during the forecast period. The reports on chiller market in Europe provide 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 Europe market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing demand for frozen food, increase in number of data centers, and high demand for district cooling. In addition, growing demand for frozen food is anticipated to boost the growth of the market as well.

The chiller market in Europe market analysis includes product segment and geographical landscapes.

The chiller market in Europe is segmented as below:

By Product

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

By Geographical Landscapes

• Italy
• France
• Germany
• UK
• Rest of Europe

This study identifies the advent of smart connected chillers as one of the prime reasons driving the chiller market in Europe growth during the next few years. Also, use of low-GWP refrigerants and technological advances in chillers will lead to sizable demand in the market.

The report on chiller market in Europe covers the following areas:

• Chiller market in Europe sizing
• Chiller market in Europe forecast
• Chiller market in Europe 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 chiller market in Europe vendors that include Carrier Global Corp., Daikin Industries Ltd., Haier Smart Home Co. Ltd., Johnson Controls International Plc, Kirloskar Proprietary Ltd., LG Electronics Inc., Mitsubishi Electric Corp., Panasonic Corp., Robert Bosch GmbH, and Samsung Electronics Co. Ltd. Also, the chiller market in Europe 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.