The global modular chiller market was valued at $2,510.1 million in 2020 and is projected to reach $4,208.8 million by 2028, growing at a CAGR of 6.56% from 2021 to 2028. This growth can be attributed to various macroeconomic and microeconomic factors, including the increase in construction activities and government investment in infrastructure development.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Product Type (Air Cooled Modular Chiller, Water Cooled Modular Chiller, Product 3, Product 4)
By Capacity (Below 300 Tons, More than 300 Tons)
Key players
Johnson Controls International
Raytheon Technologies
Ingersoll-Rand
Daikin Industries Ltd
Mitsubishi Electric Corporation
LG Electronics
Midea Group Co. Ltd
Gree Electric Appliances Inc
Frigel Firenze
Multistack
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