The global HVAC chillers market is expected to grow from US$ 9,425.53 million in 2021 to US$ 12,878.92 million by 2028; it is estimated to grow at a CAGR of 4.56% during 2021-2028.
The improving economic conditions across the globe coupled with urbanization has led to the growth in the industrial sector. There has been a rise in the construction of medical centers, malls, complexes, hotels, commercial buildings and manufacturing facilities, which propels the demand for HVAC chillers. Urbanization has changed the lifestyle of the people and increased the inclination towards safety and security. Technological developments along with the modifications in government and organizational regulations for temperature control contributes towards the growth of the HVAC chiller market. In 2018, healthcare spending as a share of GDP in Japan was around 11 %. Healthcare spending as a share of GDP of Japan grew from 7.7 % in 2004 to 11 % in 2018 at an average annual rate of 2.69%. Thus, the demand for chillers required in medical sector is anticipated to grow further. Urbanization and growing population in European countries are driving factors for growth of chillers market in this region. As per the United Nations reports, urbanization in Europe is supposed to rise by ~83.7% by 2050. According to EEA, 75% of population in EU prefers to stay in urban areas. Surging disposable income, temperature concerns, and spending on comfort and luxury are a few factors that drive the growth of the global HVAC chillers market.
The HVAC chillers market is segmented on the basis of technology, type, application, and geography. Based on technology, the market is segmented into air-cooled, water- cooled, and steam-fired. The air-cooled segment represented the largest share of the overall market in 2020. In terms of type, the HVAC chillers market is segmented into process chillers, scroll chillers, screw chillers, centrifugal chillers, and absorption chillers. In 2020, the screw chillers segment accounted for the substantial share of the market. Based on application, the market is segmented into commercial, industrial, and residential. The industrial segment represented the largest share of the overall market in 2020. Geographically, the market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2020, North America accounted for the significant share in the global market.
Asia Pacific comprises most of the world’s highly populated countries, such as China, India, and Japan, which has led to a harsh impact of the COVID-19 pandemic on these countries. Moreover, the temporary shutdown of industrial facilities disrupted the industrial and commercial operations due to the reduction in demand caused by the pandemic. Moreover, the pandemic has also raised the concerns regarding the reduction in investments under the commercial and industrial construction sector across Asian countries, such as India, Japan, and South Korea, and in other Southeast Asian countries. For instance, Daikin Industries Ltd. a Japan based company, is one of the major vendors of this market in 2020 according to the research study. The company announced that it has witnessed a decline of nearly 2.2% in its FY 2020 revenues compared to FY 2019. However, the Asia Pacific market has witnessed a decline of 5.9% on y-o-y basis compared to its previous FY 2019. Moreover, the Asia Pacific region is expected to regain and surpass its 2019 values by the end of FY 2022, according to the research study.
The overall HVAC chillers market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the HVAC chillers market with respect to all the segments. It also provides the overview and forecast for the market based on all the segmentation provided with respect to five major regions - North America, Europe, Asia Pacific, Middle East and Africa, and South America. Also, primary interviews were conducted with industry participants and commentators to validate data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the HVAC chillers market.
A few major players operating in the global HVAC chillers market are LG Electronics; Mitsubishi Electric Corporation; Carrier Global Corporation; DAIKIN INDUSTRIES, Ltd.; Thermal Care, Inc.; Trane; Kaltra; SKM Air Conditioning; Johnson Controls, Inc.; and AIREDALE INTERNATIONAL AIR CONDITIONING LTD.Reasons to Buy
The improving economic conditions across the globe coupled with urbanization has led to the growth in the industrial sector. There has been a rise in the construction of medical centers, malls, complexes, hotels, commercial buildings and manufacturing facilities, which propels the demand for HVAC chillers. Urbanization has changed the lifestyle of the people and increased the inclination towards safety and security. Technological developments along with the modifications in government and organizational regulations for temperature control contributes towards the growth of the HVAC chiller market. In 2018, healthcare spending as a share of GDP in Japan was around 11 %. Healthcare spending as a share of GDP of Japan grew from 7.7 % in 2004 to 11 % in 2018 at an average annual rate of 2.69%. Thus, the demand for chillers required in medical sector is anticipated to grow further. Urbanization and growing population in European countries are driving factors for growth of chillers market in this region. As per the United Nations reports, urbanization in Europe is supposed to rise by ~83.7% by 2050. According to EEA, 75% of population in EU prefers to stay in urban areas. Surging disposable income, temperature concerns, and spending on comfort and luxury are a few factors that drive the growth of the global HVAC chillers market.
The HVAC chillers market is segmented on the basis of technology, type, application, and geography. Based on technology, the market is segmented into air-cooled, water- cooled, and steam-fired. The air-cooled segment represented the largest share of the overall market in 2020. In terms of type, the HVAC chillers market is segmented into process chillers, scroll chillers, screw chillers, centrifugal chillers, and absorption chillers. In 2020, the screw chillers segment accounted for the substantial share of the market. Based on application, the market is segmented into commercial, industrial, and residential. The industrial segment represented the largest share of the overall market in 2020. Geographically, the market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2020, North America accounted for the significant share in the global market.
Asia Pacific comprises most of the world’s highly populated countries, such as China, India, and Japan, which has led to a harsh impact of the COVID-19 pandemic on these countries. Moreover, the temporary shutdown of industrial facilities disrupted the industrial and commercial operations due to the reduction in demand caused by the pandemic. Moreover, the pandemic has also raised the concerns regarding the reduction in investments under the commercial and industrial construction sector across Asian countries, such as India, Japan, and South Korea, and in other Southeast Asian countries. For instance, Daikin Industries Ltd. a Japan based company, is one of the major vendors of this market in 2020 according to the research study. The company announced that it has witnessed a decline of nearly 2.2% in its FY 2020 revenues compared to FY 2019. However, the Asia Pacific market has witnessed a decline of 5.9% on y-o-y basis compared to its previous FY 2019. Moreover, the Asia Pacific region is expected to regain and surpass its 2019 values by the end of FY 2022, according to the research study.
The overall HVAC chillers market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the HVAC chillers market with respect to all the segments. It also provides the overview and forecast for the market based on all the segmentation provided with respect to five major regions - North America, Europe, Asia Pacific, Middle East and Africa, and South America. Also, primary interviews were conducted with industry participants and commentators to validate data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the HVAC chillers market.
A few major players operating in the global HVAC chillers market are LG Electronics; Mitsubishi Electric Corporation; Carrier Global Corporation; DAIKIN INDUSTRIES, Ltd.; Thermal Care, Inc.; Trane; Kaltra; SKM Air Conditioning; Johnson Controls, Inc.; and AIREDALE INTERNATIONAL AIR CONDITIONING LTD.Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global HVAC chillers market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the global HVAC chillers market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
1. Introduction1.1 Study Scope
1.2 The Publisher's Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. HVAC Chillers Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. HVAC Chillers Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand from Various Industries
5.1.2 Increasing Number of Data Centres to Boost Market Growth
5.2 Market Restraints
5.2.1 Less Efficiency in Humid Environment and High Maintenance Cost
5.3 Market Opportunities
5.3.1 Economic Growth in Developing Countries Across the World
5.4 Future Trends
5.4.1 Development of IoT enabled HVAC Chillers
5.5 Impact Analysis of Drivers and Restraints
6. HVAC Chillers Market - Global Analysis
6.1 HVAC Chillers Market Global Overview
6.2 HVAC Chillers Market - Global Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning - Five Key Players
7. HVAC Chillers Market Analysis - By Technology
7.1 Overview
7.2 HVAC Chillers Market Breakdown, By Technology (2020 and 2028)
7.3 Air-Cooled
7.3.1 Overview
7.3.2 Air-Cooled: HVAC Chillers Market Revenue and Forecast to 2028 (US$ Million)
7.4 Water-Cooled
7.4.1 Overview
7.4.2 Water-Cooled: HVAC Chillers Market Revenue and Forecast to 2028 (US$ Million)
7.5 Steam-Fired
7.5.1 Overview
7.5.2 Steam-Fired: HVAC Chillers Market Revenue and Forecast to 2028 (US$ Million)
8. HVAC Chillers Market Analysis - By Type
8.1 Overview
8.2 HVAC Chillers Market Breakdown, By Type (2020 and 2028)
8.3 Process Chillers
8.3.1 Overview
8.3.2 Process Chillers: HVAC Chillers Market Revenue and Forecast to 2028 (US$ Million)
8.4 Scroll Chillers
8.4.1 Overview
8.4.2 Scroll Chillers: HVAC Chillers Market Revenue and Forecast to 2028 (US$ Million)
8.5 Screw Chillers
8.5.1 Overview
8.5.2 Screw Chillers: HVAC Chillers Market Revenue and Forecast to 2028 (US$ Million)
8.6 Centrifugal Chillers
8.6.1 Overview
8.6.2 Centrifugal Chillers: HVAC Chillers Market Revenue and Forecast to 2028 (US$ Million)
8.7 Absorption Chillers
8.7.1 Overview
8.7.2 Absorption Chillers: HVAC Chillers Market Revenue and Forecast to 2028 (US$ Million)
9. HVAC Chillers Market Analysis - By Application
9.1 Overview
9.2 HVAC Chillers Market Breakdown, By Application (2020 and 2028)
9.3 Industrial
9.3.1 Overview
9.3.2 Industrial: HVAC Chillers Market Revenue and Forecast to 2028 (US$ Million)
9.4 Commercial
9.4.1 Overview
9.4.2 Commercial: HVAC Chillers Market Revenue and Forecast to 2028 (US$ Million)
9.5 Residential
9.5.1 Overview
9.5.2 Residential: HVAC Chillers Market Revenue and Forecast to 2028 (US$ Million)
10. - Geographic Analysis
10.1 Overview
10.2 North America: HVAC Chillers Market
10.2.1 North America: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: HVAC Chillers Market- by Technology
10.2.3 North America: HVAC Chillers Market- By Type
10.2.4 North America: HVAC Chillers Market- By Application
10.2.5 North America: HVAC Chillers Market- by Key Country
10.2.5.1 US: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: HVAC Chillers Market- by Technology
10.2.5.1.2 US: HVAC Chillers Market- By Type
10.2.5.1.3 US: HVAC Chillers Market- By Application
10.2.5.2 Canada: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: HVAC Chillers Market- by Technology
10.2.5.2.2 Canada: HVAC Chillers Market- By Type
10.2.5.2.3 Canada: HVAC Chillers Market- By Application
10.2.5.3 Mexico: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: HVAC Chillers Market- by Technology
10.2.5.3.2 Mexico: HVAC Chillers Market- By Type
10.2.5.3.3 Mexico: HVAC Chillers Market- By Application
10.3 Europe: HVAC Chillers Market
10.3.1 Europe: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: HVAC Chillers Market- by Technology
10.3.3 Europe: HVAC Chillers Market- By Type
10.3.4 Europe: HVAC Chillers Market- By Application
10.3.5 Europe: HVAC Chillers Market- by Key Country
10.3.5.1 France: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 France: HVAC Chillers Market- by Technology
10.3.5.1.2 France: HVAC Chillers Market- By Type
10.3.5.1.3 France: HVAC Chillers Market- By Application
10.3.5.2 Germany: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 Germany: HVAC Chillers Market- by Technology
10.3.5.2.2 Germany: HVAC Chillers Market- By Type
10.3.5.2.3 Germany: HVAC Chillers Market- By Application
10.3.5.3 Italy: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 Italy: HVAC Chillers Market- by Technology
10.3.5.3.2 Italy: HVAC Chillers Market- By Type
10.3.5.3.3 Italy: HVAC Chillers Market- By Application
10.3.5.4 UK: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 UK: HVAC Chillers Market- by Technology
10.3.5.4.2 UK: HVAC Chillers Market- By Type
10.3.5.4.3 UK: HVAC Chillers Market- By Application
10.3.5.5 Russia: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: HVAC Chillers Market- by Technology
10.3.5.5.2 Russia: HVAC Chillers Market- By Type
10.3.5.5.3 Russia: HVAC Chillers Market- By Application
10.3.5.6 Rest of Europe: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: HVAC Chillers Market- by Technology
10.3.5.6.2 Rest of Europe: HVAC Chillers Market- By Type
10.3.5.6.3 Rest of Europe: HVAC Chillers Market- By Application
10.4 APAC: HVAC Chillers Market
10.4.1 APAC: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.4.2 APAC: HVAC Chillers Market- by Technology
10.4.3 APAC: HVAC Chillers Market- By Type
10.4.4 APAC: HVAC Chillers Market- By Application
10.4.5 APAC: HVAC Chillers Market- by Key Country
10.4.5.1 Australia: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 Australia: HVAC Chillers Market- by Technology
10.4.5.1.2 Australia: HVAC Chillers Market- By Type
10.4.5.1.3 Australia: HVAC Chillers Market- By Application
10.4.5.2 China: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 China: HVAC Chillers Market- by Technology
10.4.5.2.2 China: HVAC Chillers Market- By Type
10.4.5.2.3 China: HVAC Chillers Market- By Application
10.4.5.3 India: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: HVAC Chillers Market- by Technology
10.4.5.3.2 India: HVAC Chillers Market- By Type
10.4.5.3.3 India: HVAC Chillers Market- By Application
10.4.5.4 Japan: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 Japan: HVAC Chillers Market- by Technology
10.4.5.4.2 Japan: HVAC Chillers Market- By Type
10.4.5.4.3 Japan: HVAC Chillers Market- By Application
10.4.5.5 South Korea: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 South Korea: HVAC Chillers Market- by Technology
10.4.5.5.2 South Korea: HVAC Chillers Market- By Type
10.4.5.5.3 South Korea: HVAC Chillers Market- By Application
10.4.5.6 Rest of APAC: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of APAC: HVAC Chillers Market- by Technology
10.4.5.6.2 Rest of APAC: HVAC Chillers Market- By Type
10.4.5.6.3 Rest of APAC: HVAC Chillers Market- By Application
10.5 MEA: HVAC Chillers Market
10.5.1 MEA: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.5.2 MEA: HVAC Chillers Market- by Technology
10.5.3 MEA: HVAC Chillers Market- By Type
10.5.4 MEA: HVAC Chillers Market- By Application
10.5.5 MEA: HVAC Chillers Market- by Key Country
10.5.5.1 South Africa: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 South Africa: HVAC Chillers Market- by Technology
10.5.5.1.2 South Africa: HVAC Chillers Market- By Type
10.5.5.1.3 South Africa: HVAC Chillers Market- By Application
10.5.5.2 UAE: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 UAE: HVAC Chillers Market- by Technology
10.5.5.2.2 UAE: HVAC Chillers Market- By Type
10.5.5.2.3 UAE: HVAC Chillers Market- By Application
10.5.5.3 Saudi Arabia: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.5.5.3.1 Saudi Arabia: HVAC Chillers Market- by Technology
10.5.5.3.2 Saudi Arabia: HVAC Chillers Market- By Type
10.5.5.3.3 Saudi Arabia: HVAC Chillers Market- By Application
10.5.5.4 Rest of MEA: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.5.5.4.1 Rest of MEA: HVAC Chillers Market- by Technology
10.5.5.4.2 Rest of MEA: HVAC Chillers Market- By Type
10.5.5.4.3 Rest of MEA: HVAC Chillers Market- By Application
10.6 SAM: HVAC Chillers Market
10.6.1 SAM: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.6.2 SAM: HVAC Chillers Market- by Technology
10.6.3 SAM: HVAC Chillers Market- By Type
10.6.4 SAM: HVAC Chillers Market- By Application
10.6.5 SAM: HVAC Chillers Market- by Key Country
10.6.5.1 Brazil: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.6.5.1.1 Brazil: HVAC Chillers Market- by Technology
10.6.5.1.2 Brazil: HVAC Chillers Market- By Type
10.6.5.1.3 Brazil: HVAC Chillers Market- By Application
10.6.5.2 Argentina: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.6.5.2.1 Argentina: HVAC Chillers Market- by Technology
10.6.5.2.2 Argentina: HVAC Chillers Market- By Type
10.6.5.2.3 Argentina: HVAC Chillers Market- By Application
10.6.5.3 Rest of SAM: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
10.6.5.3.1 Rest of SAM: HVAC Chillers Market- by Technology
10.6.5.3.2 Rest of SAM: HVAC Chillers Market- By Type
10.6.5.3.3 Rest of SAM: HVAC Chillers Market- By Application
11. Impact of COVID-19 Pandemic on Global HVAC Chillers Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
11.2 Europe: Impact Assessment of COVID-19 Pandemic
11.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.4 MEA: Impact Assessment of COVID-19 Pandemic
11.5 SAM: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Market Initiative
12.2 Merger and Acquisition
12.3 New Development
13. Company Profiles
13.1 LG Electronics
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Mitsubishi Electric Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Carrier Global Corporation
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 DAIKIN INDUSTRIES, Ltd.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Thermal Care, Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Trane
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Kaltra
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 SKM Air Conditioning
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Johnson Controls, Inc.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 AIREDALE INTERNATIONAL AIR CONDITIONING LTD.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Publisher
14.2 Word Index
List of Tables
Table 1. HVAC Chillers Market - Revenue, and Forecast to 2028 (US$ Million)
Table 2. North America: HVAC Chillers Market- by Technology - Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: HVAC Chillers Market- By Type - Revenue and Forecast to 2028 (US$ Million)
Table 4. North America: HVAC Chillers Market- By Application - Revenue and Forecast to 2028 (US$ Million)
Table 5. US: HVAC Chillers Market- by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 6. US: HVAC Chillers Market- By Type -Revenue and Forecast to 2028 (US$ Million)
Table 7. US: HVAC Chillers Market- By Application -Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: HVAC Chillers Market- by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada: HVAC Chillers Market- By Type -Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada: HVAC Chillers Market- By Application -Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: HVAC Chillers Market- by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico: HVAC Chillers Market- By Type -Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico: HVAC Chillers Market- By Application -Revenue and Forecast to 2028 (US$ Million)
Table 14. Europe: HVAC Chillers Market- by Technology - Revenue and Forecast to 2028 (US$ Million)
Table 15. Europe: HVAC Chillers Market- By Type - Revenue and Forecast to 2028 (US$ Million)
Table 16. Europe: HVAC Chillers Market- By Application - Revenue and Forecast to 2028 (US$ Million)
Table 17. France: HVAC Chillers Market- by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 18. France: HVAC Chillers Market- By Type -Revenue and Forecast to 2028 (US$ Million)
Table 19. France: HVAC Chillers Market- By Application -Revenue and Forecast to 2028 (US$ Million)
Table 20. Germany: HVAC Chillers Market- by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 21. Germany: HVAC Chillers Market- By Type -Revenue and Forecast to 2028 (US$ Million)
Table 22. Germany: HVAC Chillers Market- By Application -Revenue and Forecast to 2028 (US$ Million)
Table 23. Italy: HVAC Chillers Market- by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 24. Italy: HVAC Chillers Market- By Type -Revenue and Forecast to 2028 (US$ Million)
Table 25. Italy: HVAC Chillers Market- By Application -Revenue and Forecast to 2028 (US$ Million)
Table 26. UK: HVAC Chillers Market- by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 27. UK: HVAC Chillers Market- By Type -Revenue and Forecast to 2028 (US$ Million)
Table 28. UK: HVAC Chillers Market- By Application -Revenue and Forecast to 2028 (US$ Million)
Table 29. Russia: HVAC Chillers Market- by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 30. Russia: HVAC Chillers Market- By Type -Revenue and Forecast to 2028 (US$ Million)
Table 31. Russia: HVAC Chillers Market- By Application -Revenue and Forecast to 2028 (US$ Million)
Table 32. Rest of Europe: HVAC Chillers Market- by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 33. Rest of Europe: HVAC Chillers Market- By Type -Revenue and Forecast to 2028 (US$ Million)
Table 34. Rest of Europe: HVAC Chillers Market- By Application -Revenue and Forecast to 2028 (US$ Million)
Table 35. APAC: HVAC Chillers Market- by Technology - Revenue and Forecast to 2028 (US$ Million)
Table 36. APAC: HVAC Chillers Market- By Type - Revenue and Forecast to 2028 (US$ Million)
Table 37. APAC: HVAC Chillers Market- By Application - Revenue and Forecast to 2028 (US$ Million)
Table 38. Australia: HVAC Chillers Market- by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 39. Australia: HVAC Chillers Market- By Type -Revenue and Forecast to 2028 (US$ Million)
Table 40. Australia: HVAC Chillers Market- By Application -Revenue and Forecast to 2028 (US$ Million)
Table 41. China: HVAC Chillers Market- by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 42. China: HVAC Chillers Market- By Type -Revenue and Forecast to 2028 (US$ Million)
Table 43. China: HVAC Chillers Market- By Application -Revenue and Forecast to 2028 (US$ Million)
Table 44. India: HVAC Chillers Market- by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 45. India: HVAC Chillers Market- By Type -Revenue and Forecast to 2028 (US$ Million)
Table 46. India: HVAC Chillers Market- By Application -Revenue and Forecast to 2028 (US$ Million)
Table 47. Japan: HVAC Chillers Market- by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 48. Japan: HVAC Chillers Market- By Type -Revenue and Forecast to 2028 (US$ Million)
Table 49. Japan: HVAC Chillers Market- By Application -Revenue and Forecast to 2028 (US$ Million)
Table 50. South Korea: HVAC Chillers Market- by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 51. South Korea: HVAC Chillers Market- By Type -Revenue and Forecast to 2028 (US$ Million)
Table 52. South Korea: HVAC Chillers Market- By Application -Revenue and Forecast to 2028 (US$ Million)
Table 53. Rest of APAC: HVAC Chillers Market- by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 54. Rest of APAC: HVAC Chillers Market- By Type -Revenue and Forecast to 2028 (US$ Million)
Table 55. Rest of APAC: HVAC Chillers Market- By Application -Revenue and Forecast to 2028 (US$ Million)
Table 56. MEA: HVAC Chillers Market- by Technology- Revenue and Forecast to 2028 (US$ Million)
Table 57. MEA: HVAC Chillers Market- By Type - Revenue and Forecast to 2028 (US$ Million)
Table 58. MEA: HVAC Chillers Market- By Application - Revenue and Forecast to 2028 (US$ Million)
Table 59. South Africa: HVAC Chillers Market- by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 60. South Africa: HVAC Chillers Market- By Type -Revenue and Forecast to 2028 (US$ Million)
Table 61. South Africa: HVAC Chillers Market- By Application -Revenue and Forecast to 2028 (US$ Million)
Table 62. UAE: HVAC Chillers Market- by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 63. UAE: HVAC Chillers Market- By Type -Revenue and Forecast to 2028 (US$ Million)
Table 64. UAE: HVAC Chillers Market- By Application -Revenue and Forecast to 2028 (US$ Million)
Table 65. Saudi Arabia: HVAC Chillers Market- by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 66. Saudi Arabia: HVAC Chillers Market- By Type -Revenue and Forecast to 2028 (US$ Million)
Table 67. Saudi Arabia: HVAC Chillers Market- By Application -Revenue and Forecast to 2028 (US$ Million)
Table 68. Rest of MEA: HVAC Chillers Market- by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 69. Rest of MEA: HVAC Chillers Market- By Type -Revenue and Forecast to 2028 (US$ Million)
Table 70. Rest of MEA: HVAC Chillers Market- By Application -Revenue and Forecast to 2028 (US$ Million)
Table 71. SAM: HVAC Chillers Market- by Technology - Revenue and Forecast to 2028 (US$ Million)
Table 72. SAM: HVAC Chillers Market- By Type - Revenue and Forecast to 2028 (US$ Million)
Table 73. SAM: HVAC Chillers Market- By Application - Revenue and Forecast to 2028 (US$ Million)
Table 74. Brazil: HVAC Chillers Market- by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 75. Brazil: HVAC Chillers Market- By Type -Revenue and Forecast to 2028 (US$ Million)
Table 76. Brazil: HVAC Chillers Market- By Application -Revenue and Forecast to 2028 (US$ Million)
Table 77. Argentina: HVAC Chillers Market- by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 78. Argentina: HVAC Chillers Market- By Type -Revenue and Forecast to 2028 (US$ Million)
Table 79. Argentina: HVAC Chillers Market- By Application -Revenue and Forecast to 2028 (US$ Million)
Table 80. Rest of SAM: HVAC Chillers Market- by Technology-Revenue and Forecast to 2028 (US$ Million)
Table 81. Rest of SAM: HVAC Chillers Market- By Type -Revenue and Forecast to 2028 (US$ Million)
Table 82. Rest of SAM: HVAC Chillers Market- By Application -Revenue and Forecast to 2028 (US$ Million)
Table 83. List of AbbreviationList of Figures
Figure 1. HVAC Chillers Market Segmentation
Figure 2. HVAC Chillers Market Segmentation - By Geography
Figure 3. Global HVAC Chillers Market Overview
Figure 4. Air-Cooled HVAC Chillers Segment Held the Largest Market Share in 2020
Figure 5. Screw Chillers Segment Held the Largest Market Share in 2020
Figure 6. Industrial Segment Held the Largest Market Share in 2020
Figure 7. Asia Pacific was the Largest Revenue Contributor in 2020
Figure 8. North America
Figure 9. Europe
Figure 10. Asia Pacific
Figure 11. Middle East & Africa
Figure 12. South America
Figure 13. HVAC Chillers Market- Ecosystem Analysis
Figure 14. Expert Opinions
Figure 15. HVAC Chillers Market: Impact Analysis of Drivers and Restraints
Figure 16. Geographic Overview: HVAC Chillers Market
Figure 17. Global HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. HVAC Chillers Market Breakdown, By Technology (2020 and 2028)
Figure 19. Air-Cooled: HVAC Chillers Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Water-Cooled: HVAC Chillers Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Steam-Fired: HVAC Chillers Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. HVAC Chillers Market Breakdown, By Type (2020 and 2028)
Figure 23. Process Chillers: HVAC Chillers Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Scroll Chillers: HVAC Chillers Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. SCREW CHILLERS: HVAC Chillers Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. CENTRIFUGAL CHILLERS: HVAC Chillers Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. Absorption Chillers: HVAC Chillers Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. HVAC Chillers Market Breakdown, By Application (2020 and 2028)
Figure 29. Industrial: HVAC Chillers Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Commercial: HVAC Chillers Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. Residential: HVAC Chillers Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. HVAC Chillers Market Revenue Share, By Region (2020 and 2028)
Figure 33. North America: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 34. North America: HVAC Chillers Market Revenue Share, by Technology (2020 and 2028)
Figure 35. North America: HVAC Chillers Market Revenue Share, By Type (2020 and 2028)
Figure 36. North America: HVAC Chillers Market Revenue Share, By Application (2020 and 2028)
Figure 37. North America: HVAC Chillers Market Revenue Share, by Key Country (2020 and 2028)
Figure 38. US: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 39. Canada: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 40. Mexico: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 41. Europe: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 42. Europe: HVAC Chillers Market Revenue Share, By Technology (2020 and 2028)
Figure 43. Europe: HVAC Chillers Market Revenue Share, By Type (2020 and 2028)
Figure 44. Europe: HVAC Chillers Market Revenue Share, By Application (2020 and 2028)
Figure 45. Europe: HVAC Chillers Market Revenue Share, By Key Country (2020 and 2028)
Figure 46. France: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 47. Germany: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 48. Italy: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 49. UK: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 50. Russia: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 51. Rest of Europe: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 52. APAC: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 53. APAC: HVAC Chillers Market Revenue Share, By Technology (2020 and 2028)
Figure 54. APAC: HVAC Chillers Market Revenue Share, By Type (2020 and 2028)
Figure 55. APAC: HVAC Chillers Market Revenue Share, By Application (2020 and 2028)
Figure 56. APAC: HVAC Chillers Market Revenue Share, By Key Country (2020 and 2028)
Figure 57. Australia: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 58. China: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 59. India: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 60. Japan: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 61. South Korea: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 62. Rest of APAC: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 63. MEA: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 64. MEA: HVAC Chillers Market Revenue Share, By Technology (2020 and 2028)
Figure 65. MEA: HVAC Chillers Market Revenue Share, By Type (2020 and 2028)
Figure 66. MEA: HVAC Chillers Market Revenue Share, By Application (2020 and 2028)
Figure 67. MEA: HVAC Chillers Market Revenue Share, By Key Country (2020 and 2028)
Figure 68. South Africa: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 69. UAE: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 70. Saudi Arabia: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 71. Rest of MEA: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 72. SAM: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 73. SAM: HVAC Chillers Market Revenue Share, By Technology (2020 and 2028)
Figure 74. SAM: HVAC Chillers Market Revenue Share, By Type (2020 and 2028)
Figure 75. SAM: HVAC Chillers Market Revenue Share, By Application (2020 and 2028)
Figure 76. SAM: HVAC Chillers Market Revenue Share, By Key Country (2020 and 2028)
Figure 77. Brazil: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 78. Argentina: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 79. Rest of SAM: HVAC Chillers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 80. Impact of COVID-19 Pandemic in North American Country Markets
Figure 81. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 82. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 83. Impact of COVID-19 Pandemic in MEA Country Markets
Figure 84. Impact of COVID-19 Pandemic in SAM Country Markets
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- LG Electronics
- Mitsubishi Electric Corporation
- Carrier Global Corporation
- DAIKIN INDUSTRIES, Ltd.
- Thermal Care, Inc.
- Trane
- Kaltra
- SKM Air Conditioning
- Johnson Controls, Inc.
- AIREDALE INTERNATIONAL AIR CONDITIONING LTD.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 160 |
| Published | October 2021 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 9425.53 Million |
| Forecasted Market Value ( USD | $ 12878.92 Million |
| Compound Annual Growth Rate | 4.6% |
| Regions Covered | Global |
