Global Turbo Chiller Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Turbo Chiller market size was valued at US$ 941 million in 2024 and is forecast to a readjusted size of USD 1450 million by 2031 with a CAGR of 6.4% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Turbo chillers are heat source equipment primarily used for heat storage, air-conditioning, district heating & cooling and other applications. Since their development in 1970 significant developments have been made in their performance and refrigerants thereby increasing their adoption against similar chilling equipment. Availability of turbo chillers in large number of formats such as Air-cooled, water-cooled, split (with high efficiency remote air-cooled condensers), condensing units to suit all kinds application is primarily increasing their adoption in various commercial facilities.
With the rapid development of the manufacturing industry, the demand for industrial refrigeration systems has gradually increased. Industrial refrigeration systems can be used in many industries such as steel, petrochemicals, pharmaceuticals, food, chemicals, etc. to provide refrigeration and air conditioning services for production in these industries. The demand for the refrigeration system industry is increasing in the international market. According to our research, the global industrial refrigeration market size is estimated to be USD 21.4 billion in 2022. The growth of the industrial refrigeration systems market is mainly influenced by factors such as technological advancement, environmental protection, energy conservation and emission reduction. With the continuous development of technology, new refrigeration technologies and equipments are emerging, which makes the efficiency and reliability of industrial refrigeration systems improve. At the same time, increased awareness of environmental protection and energy conservation and emission reduction has also prompted the development of industrial refrigeration systems in the direction of greater energy efficiency and environmental protection.
This report is a detailed and comprehensive analysis for global Turbo Chiller market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Turbo Chiller market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Turbo Chiller market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Turbo Chiller market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Turbo Chiller market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Turbo Chiller
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Turbo Chiller market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include KTurbo, Johnson Controls - Hitachi Air Conditioning, Aqua Cooling, Mitsubishi Heavy Industries, Airedale International Air Conditioning, Smardt Chiller Group, Arctic Chiller Group, Hyundai Climate Control, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Turbo Chiller market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Water-cooled Turbo Chiller
Air-cooled Turbo Chiller
Market segment by Application
Chemical Industry
Food and Beverage Industry
Pharmaceutical Industry
Others
Major players covered
KTurbo
Johnson Controls - Hitachi Air Conditioning
Aqua Cooling
Mitsubishi Heavy Industries
Airedale International Air Conditioning
Smardt Chiller Group
Arctic Chiller Group
Hyundai Climate Control
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Turbo Chiller product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Turbo Chiller, with price, sales quantity, revenue, and global market share of Turbo Chiller from 2020 to 2025.
Chapter 3, the Turbo Chiller competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Turbo Chiller breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Turbo Chiller market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Turbo Chiller.
Chapter 14 and 15, to describe Turbo Chiller sales channel, distributors, customers, research findings and conclusion.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Turbo chillers are heat source equipment primarily used for heat storage, air-conditioning, district heating & cooling and other applications. Since their development in 1970 significant developments have been made in their performance and refrigerants thereby increasing their adoption against similar chilling equipment. Availability of turbo chillers in large number of formats such as Air-cooled, water-cooled, split (with high efficiency remote air-cooled condensers), condensing units to suit all kinds application is primarily increasing their adoption in various commercial facilities.
With the rapid development of the manufacturing industry, the demand for industrial refrigeration systems has gradually increased. Industrial refrigeration systems can be used in many industries such as steel, petrochemicals, pharmaceuticals, food, chemicals, etc. to provide refrigeration and air conditioning services for production in these industries. The demand for the refrigeration system industry is increasing in the international market. According to our research, the global industrial refrigeration market size is estimated to be USD 21.4 billion in 2022. The growth of the industrial refrigeration systems market is mainly influenced by factors such as technological advancement, environmental protection, energy conservation and emission reduction. With the continuous development of technology, new refrigeration technologies and equipments are emerging, which makes the efficiency and reliability of industrial refrigeration systems improve. At the same time, increased awareness of environmental protection and energy conservation and emission reduction has also prompted the development of industrial refrigeration systems in the direction of greater energy efficiency and environmental protection.
This report is a detailed and comprehensive analysis for global Turbo Chiller market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Turbo Chiller market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Turbo Chiller market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Turbo Chiller market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Turbo Chiller market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Turbo Chiller
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Turbo Chiller market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include KTurbo, Johnson Controls - Hitachi Air Conditioning, Aqua Cooling, Mitsubishi Heavy Industries, Airedale International Air Conditioning, Smardt Chiller Group, Arctic Chiller Group, Hyundai Climate Control, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Turbo Chiller market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Water-cooled Turbo Chiller
Air-cooled Turbo Chiller
Market segment by Application
Chemical Industry
Food and Beverage Industry
Pharmaceutical Industry
Others
Major players covered
KTurbo
Johnson Controls - Hitachi Air Conditioning
Aqua Cooling
Mitsubishi Heavy Industries
Airedale International Air Conditioning
Smardt Chiller Group
Arctic Chiller Group
Hyundai Climate Control
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Turbo Chiller product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Turbo Chiller, with price, sales quantity, revenue, and global market share of Turbo Chiller from 2020 to 2025.
Chapter 3, the Turbo Chiller competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Turbo Chiller breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Turbo Chiller market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Turbo Chiller.
Chapter 14 and 15, to describe Turbo Chiller sales channel, distributors, customers, research findings and conclusion.
Table of Contents
88 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Turbo Chiller by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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