Dublin, Jan. 13, 2023 (GLOBE NEWSWIRE) -- The "HVAC Chillers Market By Operation Type, By Condenser Type, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.
The global HVAC chillers market size was valued at $9,512.9 million in 2021, and is projected to reach $15,039.7 million by 2031, registering a CAGR of 4.5% from 2022 to 2031.
The HVAC chiller (cooling water circulation device) is a general term for a device that controls the temperature by circulating a liquid such as water or heat medium. HVAC chillers provide air conditioning by eliminating the unwanted heat from commercial and industrial buildings. The demand of HVAC chillers is increasing due to various advantages such as portability and easy maintenance. HVAC chillers are used in restaurants, hotels, kitchens and dining rooms to maintain the level of temperature.
The increase in demand for district cooling systems in many industries and high-rise buildings is expected to boost the HVAC chillers market growth. District cooling is also known as centralized generation and distribution of cooling energy, which replaces traditional air-cooling systems as it is less expensive and more energy efficient.
In addition, developments in the tourism industry boosts the construction of hotels and public infrastructure where HVAC chillers can be used on a large scale. In addition, the growth of skyscrapers is expected to fuel the growth of the HVAC chillers market as these chillers are widely used in cooling and ventilation of skyscrapers.
The HVAC chillers market is segmented on the basis of operation type, condenser type, application, and region. On the basis of operation type, the market is bifurcated into vapor compression chillers and vapor absorption chillers. On the basis of condenser type, the market is divided into water cooled, air cooled and evaporative. On the basis of application, the market is classified into residential, commercial and industrial.
On the basis of region, the global market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Indonesia, Thailand, Taiwan and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
Competition Analysis
The key players that operate in the HVAC chillers market are Ab Electrolux, Airedale International Air Conditioning Ltd. Carrier Global Corporation, Daikin Industries Ltd., Honeywell International Inc., Johnson Controls International Plc, Shuangliang Eco-Energy Co.Ltd., Kaltra, LG Electronics Inc., Mitsubishi Electric Corp., Panasonic Corp., PolyScience, Samsung Electronics Co. Ltd., Siemens AG, SKM Air Conditioning, Trane Technologies Plc, Thermal Care, Inc.
Key Benefits
- The report provides an extensive analysis of the current and emerging market trends and dynamics.
- In-depth market analysis is conducted by constructing market estimations for key market segments between 2022 and 2031.
- Extensive analysis of the HVAC chillers market is conducted by following key product positioning and monitoring of top competitors within the market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
- The HVAC chillers market forecast analysis from 2022 to 2031 is included in the report.
- The key players with in HVAC chillers market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the HVAC chillers market.
| Report Attribute | Details |
| No. of Pages | 232 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value (USD) in 2021 | $9512.9 million |
| Forecasted Market Value (USD) by 2031 | $15039.7 million |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Global |
Key Topics Covered:
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter's five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: HVAC CHILLERS MARKET, BY OPERATION TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Vapor Compression Chillers
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.2.4 Vapor Compression Chillers HVAC Chillers Market by Product type
4.2.4.1 Reciprocating Market size and forecast, by region
4.2.4.2 Centrifugal Market size and forecast, by region
4.2.4.3 Screw Market size and forecast, by region
4.2.4.4 Scroll Market size and forecast, by region
4.3 Vapor Absorption Chillers
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
CHAPTER 5: HVAC CHILLERS MARKET, BY CONDENSER TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2 Water Cooled
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 Air Cooled
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4 Evaporative
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
CHAPTER 6: HVAC CHILLERS MARKET, BY APPLICATION
6.1 Overview
6.1.1 Market size and forecast
6.2 Residential
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3 Commercial
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4 Industrial
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country
CHAPTER 7: HVAC CHILLERS MARKET, BY REGION
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 AIREDALE INTERNATIONAL AIR CONDITIONING LTD.
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Ab Electrolux
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Carrier Global Corporation
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Daikin Industries Ltd.
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Honeywell International Inc.
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Johnson Controls International plc
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Shuangliang Eco-Energy Co. Ltd.
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Kaltra
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 LG Electronics Inc.
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Mitsubishi Electric Corp.
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
9.11 Panasonic Corporation
9.11.1 Company overview
9.11.2 Company snapshot
9.11.3 Operating business segments
9.11.4 Product portfolio
9.11.5 Business performance
9.11.6 Key strategic moves and developments
9.12 PolyScience
9.12.1 Company overview
9.12.2 Company snapshot
9.12.3 Operating business segments
9.12.4 Product portfolio
9.12.5 Business performance
9.12.6 Key strategic moves and developments
9.13 Samsung Electronics Co. Ltd.
9.13.1 Company overview
9.13.2 Company snapshot
9.13.3 Operating business segments
9.13.4 Product portfolio
9.13.5 Business performance
9.13.6 Key strategic moves and developments
9.14 Siemens AG
9.14.1 Company overview
9.14.2 Company snapshot
9.14.3 Operating business segments
9.14.4 Product portfolio
9.14.5 Business performance
9.14.6 Key strategic moves and developments
9.15 SKM Air Conditioning
9.15.1 Company overview
9.15.2 Company snapshot
9.15.3 Operating business segments
9.15.4 Product portfolio
9.15.5 Business performance
9.15.6 Key strategic moves and developments
9.16 Trane Technologies Plc
9.16.1 Company overview
9.16.2 Company snapshot
9.16.3 Operating business segments
9.16.4 Product portfolio
9.16.5 Business performance
9.16.6 Key strategic moves and developments
9.17 Thermal Care Inc.
9.17.1 Company overview
9.17.2 Company snapshot
9.17.3 Operating business segments
9.17.4 Product portfolio
9.17.5 Business performance
9.17.6 Key strategic moves and developments
For more information about this report visit https://www.researchandmarkets.com/r/duviuq
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