Germany Chiller Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)

The Germany chiller market size reached around USD 433.58 Million in 2024. The market is projected to grow at a CAGR of 3.20% between 2025 and 2034 to reach nearly USD 594.11 Million by 2034. The market growth can be attributed to the growing focus on sustainability, rising demand for cooling in industrial and commercial spaces, technological advancements, and the growing adoption of centrifugal chillers.

Germany Chiller Market Report Summary

Market Size 2024

• USD
• 433.58

Market Size 2034

• USD
• 594.11
• CAGR 2025-2034
• 3.20%

CAGR 2025-2034 - Market by Compressor Type

• Screw Chillers
• 3.6%

CAGR 2025-2034 - Market by Compressor Type

• Centrifugal Chillers
• 3.3%

CAGR 2025-2034 - Market by Type of Cooling

• Air Cooled
• 3.8%

CAGR 2025-2034 - Market by End Use

• Food and Beverage
• 3.5%

Market Share by Compressor Type 2024

• Scroll Chillers
• 34.6%

Germany Chiller Market Growth

In 2022, Germany faced the highest temperatures in Europe, only after Spain and Italy. Summer temperatures in Germany have exceeded 86 degrees Fahrenheit. Nearly one-third of the German population is over 60, which makes it extremely vulnerable to heat-related health risks. In contrast to nations like the United States, only 1 in 10 German households own an air conditioner. However, with the increasing incidence of heatwaves, the adoption of air conditioners is expected to increase significantly in Germany, thereby driving the demand for chillers.

High-performance chillers are driving sustainability in the operation and construction of data centre facilities while also maximising their profitability. Carrier Global Corp. launched a new line of air-cooled chillers with a screw compressor and an in-built hydronic free-cooling system in Germany. This ensures the maintenance of low temperatures even during power cuts. Its variable-speed fans also ensure a quiet mode of operation. They are specially designed to meet the increasing demand for chillers in HVAC systems and data centres.

The need for optimising existing equipment for retrofit applications is expected to drive innovations in chiller designs. The shift towards decentralised power distribution grids and renewable energy sources is expected to accelerate the demand for energy-efficient chillers, thereby driving the market growth.

Key Trends and Developments

The Germany chiller market expansion is being driven by growing environmental consciousness; technological advancements; rising demand for cooling in commercial and industrial spaces; and increasing adoption of modular chillers.

January 2025

Daikin Europe announced its intention to introduce an R290 industrial chiller, along with various new lower GWP additions, at the ISH exhibition in Germany. The modular air-to-water heat pump chillers are aimed at supporting heating decarbonisation in the European Union. The company also announced the launch of its R290 air-to-water residential heat pumps and CO2 (R744) VRF (variable refrigerant flow) unit for commercial heating and air-conditioning.

December 2024

NorthC DataCenters announced its plans to build two new data centres in Berlin and Frankfurt by 2026 to meet the rising demand for scalable, reliable, and sustainable IT infrastructure across Europe. Hence, the increasing construction of data centres is favourably impacting the Germany chiller market dynamics.

November 2023

Europe-based Trane® unveiled its new Aries N air-to-water chillers that are designed to feature natural refrigerant, such as R-290 (propane) natural refrigerant, providing excellent thermodynamic and energy efficiency capabilities in cooling capacities from 175 kW to 335 kW. The Trane Aries N chillers complement the company’s portfolio of comfort and process solutions with ultra-low GWP refrigerants and are ideal for industrial process cooling applications.

January 2022

Engie Refrigeration announced the launch of the Spectrum Water, available as both a water-cooled chiller and a water/water heat pump. The new chiller, featuring oil-free compressors with magnetic bearings, an open -flash economiser integrated as standard, flooded shell and tube condensers, and an intelligent Siemens S7 PLC, is ideal for brine applications providing up to -10ºC.

Growing environmental consciousness

With the growing environmental consciousness, key players are developing chillers using advanced compression technologies and adopting low GWP refrigerants to reduce carbon emissions associated with electricity generation. Moreover, the growing preference for chillers with enhanced durability, recyclable components, and lowered maintenance requirements is aiding the market.

Technological advancements

There is a rising integration of advanced technologies such as automation and smart controls to enable chillers to adapt their operations in real-time based on ambient conditions, load demand, and energy prices. The growing popularity of IoT-integrated chillers that provide real-time performance data and predictive maintenance alerts to users is further boosting the Germany chiller market revenue.

Rising demand for cooling in commercial and industrial spaces

The rising temperature levels in Germany, attributed to rapid climate change, and the increasing demand for cooling in commercial and industrial sectors (office and retail spaces and data centres) are surging the usage of larger-scale cooling solutions like chillers.

Growing adoption of modular chillers

In Germany, the adoption of modular chillers is significantly increasing due to their improved redundancy, precision, energy efficiency, and ease of maintenance. The expandability of modular chillers, coupled with their enhanced flexibility, is further propelling the market expansion.

Germany Chiller Market Trends

In Germany, office and retail spaces are actively adopting efficient and large-scale cooling systems, such as chillers, amid the rising frequency of extreme temperature levels and severe heat waves. In addition, the expansion of data centre infrastructure in the country, bolstered by rapid digital transformation, is surging the demand for chillers to offer instant and precise cooling to data centres. In the forecast period, the growing trend of edge computing is expected to create lucrative Germany chiller market opportunities.

Germany aims to achieve carbon neutrality by 2050, which is driving the shift towards energy-efficient systems, including chillers. Besides, the introduction of the EU F-Gas Regulation aimed at minimising the use of high-GWP refrigerants like HFCs is expected to surge the usage of eco-friendly refrigerants such as hydrocarbons, ammonia, and CO2 in chillers.

Germany Chiller Industry Segmentation

The report titled “Germany Chiller Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Breakup by Type of Cooling

• Water Cooled
• Air Cooled

Breakup by Compression Type

• Screw Chillers
• Scroll Chillers
• Reciprocating Chillers
• Centrifugal Chillers
• Absorption Chillers

Breakup by End Use

• Food and Beverage
• Chemicals and Petrochemicals
• Medical and Pharmaceutical
• Plastics
• Others

Breakup by Region

• North Rhine-Westphalia
• Bavaria
• Baden-Württemberg

Germany Chiller Market Share

Based on compressor type, the market is segmented into screw chillers, scroll chillers, reciprocating chillers, centrifugal chillers, and absorption chillers. Screw chillers are projected to grow at a CAGR of 3.6% during the forecast period of 2025-2034. Such chillers are renowned for their energy efficiency, reliability, and excellent environmental performance, boosting their usage in applications such as shopping malls, office buildings, manufacturing facilities, and offices.

As per the Germany chiller market analysis, centrifugal chillers are estimated to grow at a CAGR of 3.3% between 2025 and 2034. Such chillers offer excellent energy efficiency at large loads, boast lower operational noise, and are commonly used in large-scale facilities such as data centres, industrial plants, and district cooling systems.

CAGR 2025-2034- Market by

• Compressor Type
• Screw Chillers
• 3.6%
• Scroll Chillers
• Reciprocating Chillers
• Centrifugal Chillers
• 3.3%
• Absorption Chillers

Leading Companies in the Germany Chiller Market

Key Germany chiller market players are targeting large-scale cooling solutions by developing chillers that are robust and deliver efficient and consistent cooling. They are also diversifying their product portfolios and increasingly offering modular and portable chillers to meet evolving cooling demands.

Daikin Industries Ltd.

Daikin Industries Ltd., headquartered in Osaka, Japan, and founded in 1924, is a leader and innovator of high-quality and advanced air conditioning solutions for the residential, commercial, and industrial sectors. The company’s services and technologies play a vital role in creating efficient, comfortable, and sustainable spaces for living and working.

Carrier Global Corp.

Headquartered in Florida, United States, and established in 1902, Carrier Global Corp. is a leader in intelligent energy and climate solutions. It boasts over 35 brands and achieved net sales of USD 22.5 billion in 2024.

LG Corp.

LG Corp., founded in 1947 and headquartered in Seoul, South Korea, is a global innovator in technology and consumer electronics. Its key business areas include home entertainment, home appliance and air solutions, mobility, and business solutions.

Panasonic Holdings Corp.

Founded in 1918 and headquartered in Osaka, Japan, Panasonic Holdings Corp. is a company that sells and develops heating and ventilation solutions, electronic appliances, and electrical equipment. Boasting around 90,000 employees, the company’s sales amounted to JPY 3.49 trillion in 2023.

Other major players in the Germany chiller market are Smardt Chiller Group, Inc., Trane Technologies Plc, Aermec S.p.A, Mitsubishi Electric Corporation, Midea Group Co. Ltd., and HYDAC International GmbH, among others.