Global Chillers Market Research Report 2024(Status and Outlook)

Global Chillers Market Research Report 2024(Status and Outlook)

Report Overview:

A chiller is a machine that removes heat from a liquid via a vapor-compression or absorption refrigeration cycle. This liquid can then be circulated through a heat exchanger to cool equipment, or another process stream (such as air or process water).

The Global Chillers Market Size was estimated at USD 7649.22 million in 2023 and is projected to reach USD 9790.92 million by 2029, exhibiting a CAGR of 4.20% during the forecast period.

This report provides a deep insight into the global Chillers market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Chillers Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Chillers market in any manner.

Global Chillers Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company


Johnson Controls - Hitachi



LG Electronics








Parker Hannifin

Dimplex Thermal Solutions

Market Segmentation (by Type)
0°C to -29°C
-30°C to -49°C

-50°C to -99°C

-100°C or less


Market Segmentation (by Application)



Geographic Segmentation
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Chillers Market
  • Overview of the regional outlook of the Chillers Market:
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
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Note: this report may need to undergo a final check or review and this could take about 48 hours.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Chillers Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.

1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Chillers
1.2 Key Market Segments
1.2.1 Chillers Segment by Type
1.2.2 Chillers Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Chillers Market Overview
2.1 Global Market Overview
2.1.1 Global Chillers Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Chillers Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Chillers Market Competitive Landscape
3.1 Global Chillers Sales by Manufacturers (2019-2024)
3.2 Global Chillers Revenue Market Share by Manufacturers (2019-2024)
3.3 Chillers Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Chillers Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Chillers Sales Sites, Area Served, Product Type
3.6 Chillers Market Competitive Situation and Trends
3.6.1 Chillers Market Concentration Rate
3.6.2 Global 5 and 10 Largest Chillers Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Chillers Industry Chain Analysis
4.1 Chillers Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Chillers Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Chillers Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Chillers Sales Market Share by Type (2019-2024)
6.3 Global Chillers Market Size Market Share by Type (2019-2024)
6.4 Global Chillers Price by Type (2019-2024)
7 Chillers Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Chillers Market Sales by Application (2019-2024)
7.3 Global Chillers Market Size (M USD) by Application (2019-2024)
7.4 Global Chillers Sales Growth Rate by Application (2019-2024)
8 Chillers Market Segmentation by Region
8.1 Global Chillers Sales by Region
8.1.1 Global Chillers Sales by Region
8.1.2 Global Chillers Sales Market Share by Region
8.2 North America
8.2.1 North America Chillers Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Chillers Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Chillers Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Chillers Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Chillers Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Trane
9.1.1 Trane Chillers Basic Information
9.1.2 Trane Chillers Product Overview
9.1.3 Trane Chillers Product Market Performance
9.1.4 Trane Business Overview
9.1.5 Trane Chillers SWOT Analysis
9.1.6 Trane Recent Developments
9.2 Johnson Controls - Hitachi
9.2.1 Johnson Controls - Hitachi Chillers Basic Information
9.2.2 Johnson Controls - Hitachi Chillers Product Overview
9.2.3 Johnson Controls - Hitachi Chillers Product Market Performance
9.2.4 Johnson Controls - Hitachi Business Overview
9.2.5 Johnson Controls - Hitachi Chillers SWOT Analysis
9.2.6 Johnson Controls - Hitachi Recent Developments
9.3 Carrier
9.3.1 Carrier Chillers Basic Information
9.3.2 Carrier Chillers Product Overview
9.3.3 Carrier Chillers Product Market Performance
9.3.4 Carrier Chillers SWOT Analysis
9.3.5 Carrier Business Overview
9.3.6 Carrier Recent Developments
9.4 Mitsubshi
9.4.1 Mitsubshi Chillers Basic Information
9.4.2 Mitsubshi Chillers Product Overview
9.4.3 Mitsubshi Chillers Product Market Performance
9.4.4 Mitsubshi Business Overview
9.4.5 Mitsubshi Recent Developments
9.5 LG Electronics
9.5.1 LG Electronics Chillers Basic Information
9.5.2 LG Electronics Chillers Product Overview
9.5.3 LG Electronics Chillers Product Market Performance
9.5.4 LG Electronics Business Overview
9.5.5 LG Electronics Recent Developments
9.6 Daikin
9.6.1 Daikin Chillers Basic Information
9.6.2 Daikin Chillers Product Overview
9.6.3 Daikin Chillers Product Market Performance
9.6.4 Daikin Business Overview
9.6.5 Daikin Recent Developments
9.7 DunAn
9.7.1 DunAn Chillers Basic Information
9.7.2 DunAn Chillers Product Overview
9.7.3 DunAn Chillers Product Market Performance
9.7.4 DunAn Business Overview
9.7.5 DunAn Recent Developments
9.8 Dunham-Bush
9.8.1 Dunham-Bush Chillers Basic Information
9.8.2 Dunham-Bush Chillers Product Overview
9.8.3 Dunham-Bush Chillers Product Market Performance
9.8.4 Dunham-Bush Business Overview
9.8.5 Dunham-Bush Recent Developments
9.9 TICA
9.9.1 TICA Chillers Basic Information
9.9.2 TICA Chillers Product Overview
9.9.3 TICA Chillers Product Market Performance
9.9.4 TICA Business Overview
9.9.5 TICA Recent Developments
9.10 Bosch
9.10.1 Bosch Chillers Basic Information
9.10.2 Bosch Chillers Product Overview
9.10.3 Bosch Chillers Product Market Performance
9.10.4 Bosch Business Overview
9.10.5 Bosch Recent Developments
9.11 Ebara
9.11.1 Ebara Chillers Basic Information
9.11.2 Ebara Chillers Product Overview
9.11.3 Ebara Chillers Product Market Performance
9.11.4 Ebara Business Overview
9.11.5 Ebara Recent Developments
9.12 SmardtChillerGroup
9.12.1 SmardtChillerGroup Chillers Basic Information
9.12.2 SmardtChillerGroup Chillers Product Overview
9.12.3 SmardtChillerGroup Chillers Product Market Performance
9.12.4 SmardtChillerGroup Business Overview
9.12.5 SmardtChillerGroup Recent Developments
9.13 Parker Hannifin
9.13.1 Parker Hannifin Chillers Basic Information
9.13.2 Parker Hannifin Chillers Product Overview
9.13.3 Parker Hannifin Chillers Product Market Performance
9.13.4 Parker Hannifin Business Overview
9.13.5 Parker Hannifin Recent Developments
9.14 Dimplex Thermal Solutions
9.14.1 Dimplex Thermal Solutions Chillers Basic Information
9.14.2 Dimplex Thermal Solutions Chillers Product Overview
9.14.3 Dimplex Thermal Solutions Chillers Product Market Performance
9.14.4 Dimplex Thermal Solutions Business Overview
9.14.5 Dimplex Thermal Solutions Recent Developments
10 Chillers Market Forecast by Region
10.1 Global Chillers Market Size Forecast
10.2 Global Chillers Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Chillers Market Size Forecast by Country
10.2.3 Asia Pacific Chillers Market Size Forecast by Region
10.2.4 South America Chillers Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Chillers by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Chillers Market Forecast by Type (2025-2030)
11.1.1 Global Forecasted Sales of Chillers by Type (2025-2030)
11.1.2 Global Chillers Market Size Forecast by Type (2025-2030)
11.1.3 Global Forecasted Price of Chillers by Type (2025-2030)
11.2 Global Chillers Market Forecast by Application (2025-2030)
11.2.1 Global Chillers Sales (K Units) Forecast by Application
11.2.2 Global Chillers Market Size (M USD) Forecast by Application (2025-2030)
12 Conclusion and Key Findings

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