Recirculating Chillers Market Size, Share & Trends Analysis Report By Type (Rack Mounted, Floor Mounted, Bench Top), By Temperature Range, By Application, By Region, And Segment Forecasts, 2020 - 2027

Recirculating Chillers Market Growth & Trends

The global recirculating chillers market size is anticipated to reach USD 1.1 billion by 2027, expanding at a CAGR of 5.1%, according to a study conducted by Grand View Research, Inc. The market is projected to grow at a significant rate owing to increased usage of recirculating chillers in several application areas such as pharmaceuticals, medical, manufacturing, and data centres in IT, telecom, and BFSI. Increasing importance of energy-efficient products is also expected to have a positive impact on the market. Moreover, automation in the industry verticals requires necessary maintenance for proper functioning which can be achieved by the implementation of recirculating coolers.

Traditional coolers use more than 50.0 percent of energy for cooling; hence recirculating chillers are being adopted widely. Additionally, recirculating coolers or closed loop systems saves 90.0% of the total water used by the open loop cooler system and therefore they are also termed as renewable coolers. Hence, the growing adoption of sustainable yet efficient cooling solutions across industries and laboratories are expected to have a positive impact on market growth.

There are various types of recirculating chillers such as, rack mounted, floor mounted, and bench top. The rack mounted segment has wide range of applications as this product type is portable and smaller in size. Multiple coolers can be assembled into one rack and can be used as per the convenience of the user. The front fill reservoir access available in rack mounted chillers reduces spills. Similarly, benchtop coolers are portable and offer flexibility in terms of operations. Such factors are expected to bolster market growth.

The heat exchangers installed in the coolers provide thermal stability and suffices the requirement of automation. Moreover, availability of water-based as well as air-based coolers gives the users a range of products. However, high maintenance and installation cost associated with the product is expected to cause hindrance in market growth.

Recirculating Chillers Market Report Highlights

The laboratory segment holds the major share followed by industrial application. This growth is owing to its significant usage in rotary evaporators. Rotary evaporators have high demand in labs. Moreover, achievable temperature ranges and available variety of cooling capacity is also the vital reason for laboratory to hold the major market share

The rack mounted type segment is expected to dominate the market owing to its advantages such as flexibility, mobility, and less space occupancy. The segment is expected to dominate the market throughout the forecast period

Temperature range of 1°C to 100°C holds almost 50.0% of the total share owing to increasing usage of coolers offering this temperature range, in wide range of applications. Moreover, COVID-19 pandemic has increased the usage of coolers in the range 1°C to 100°C as the specimen storage and delivery requires constant temperature of 2° to 8°C. However, for extreme low temperature i.e., the range of -100°C to 0°C, coolers are very expensive.

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Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope and Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Recirculating Chillers - Industry Snapshot & Key Buying Criteria, 2016 - 2027
Chapter 3. Recirculating Chillers Industry Outlook
3.1. Market Segmentation
3.2. Market Size and Growth Prospects, 2016 - 2027
3.3. Value Chain Analysis
3.4. Market Dynamics
3.4.1. Market driver analysis
3.4.2. Market restraint/challenge analysis
3.4.3. Market opportunity analysis
3.5. Key Opportunities Prioritized
3.6. Industry Analysis - Porter's
3.6.1. Supplier Power
3.6.2. Buyer Power
3.6.3. Substitution Threat
3.6.4. Threat from new entrant
3.7. PEST Analysis
3.7.1. Political Landscape
3.7.2. Environmental Landscape
3.7.3. Social Landscape
3.7.4. Technology Landscape
Chapter 4. Recirculating Chillers Market: Type Outlook
4.1. Recirculating Chillers Market Share by Type, 2019 & 2027 (USD Million)
4.2. Rack Mounted
4.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
4.2.2. Market estimates and forecast by region, 2016 - 2027 (USD Million)
4.3. Floor Mounted
4.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
4.3.2. Market estimates and forecast by region, 2016 - 2027 (USD Million)
4.4. Bench Top
4.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
4.4.2. Market estimates and forecast by region, 2016 - 2027 (USD Million)
Chapter 5. Recirculating Chillers Market: Temperature Range Outlook
5.1. Recirculating Chillers Market Share by Application, 2019 & 2027 (USD Million)
5.2. - 100°C to 0°C
5.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
5.2.2. Market estimates and forecast by region, 2016 - 2027 (USD Million)
5.3. 1°C to 100°C
5.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
5.3.2. Market estimates and forecast by region, 2016 - 2027 (USD Million)
5.4. 101°C to 200°C
5.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
5.4.2. Market estimates and forecast by region, 2016 - 2027 (USD Million)
Chapter 6. Recirculating Chillers Market: Application Outlook
6.1. Recirculating Chillers Market Share by Application, 2019 & 2027 (USD Million)
6.2. Industrial
6.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.2.2. Market estimates and forecast by region, 2016 - 2027 (USD Million)
6.3. Laboratory
6.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.3.2. Market estimates and forecast by region, 2016 - 2027 (USD Million)
6.4. Medical
6.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.4.2. Market estimates and forecast by region, 2016 - 2027 (USD Million)
6.5. Others
6.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.5.2. Market estimates and forecast by region, 2016 - 2027 (USD Million)
Chapter 7. Recirculating Chillers Market: Regional Outlook
7.1. Recirculating Chillers Market Share by Region, 2015 & 2025 (USD Million)
7.2. North America
7.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.2.2. Market estimates and forecast by Type, 2016 - 2027 (USD Million)
7.2.3. Market estimates and forecast by Temperature Range, 2016 - 2027 (USD Million)
7.2.4. Market estimates and forecast by Application, 2016 - 2027 (USD Million)
7.2.5. U.S.
7.2.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.2.5.2. Market estimates and forecast by Type, 2016 - 2027 (USD Million)
7.2.5.3. Market estimates and forecast by Temperature Range, 2016 - 2027 (USD Million)
7.2.5.4. Market estimates and forecast by Application, 2016 - 2027 (USD Million)
7.2.6. Canada
7.2.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.2.6.2. Market estimates and forecast by Type, 2016 - 2027 (USD Million)
7.2.6.3. Market estimates and forecast by Temperature Range, 2016 - 2027 (USD Million)
7.2.6.4. Market estimates and forecast by Application, 2016 - 2027 (USD Million)
7.3. Europe
7.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.3.2. Market estimates and forecast by Type, 2016 - 2027 (USD Million)
7.3.3. Market estimates and forecast by Temperature Range, 2016 - 2027 (USD Million)
7.3.4. Market estimates and forecast by Application, 2016 - 2027 (USD Million)
7.3.5. U.K.
7.3.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.3.5.2. Market estimates and forecast by Type, 2016 - 2027 (USD Million)
7.3.5.3. Market estimates and forecast by Temperature Range, 2016 - 2027 (USD Million)
7.3.5.4. Market estimates and forecast by Application, 2016 - 2027 (USD Million)
7.3.6. Germany
7.3.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.3.6.2. Market estimates and forecast by Type, 2016 - 2027 (USD Million)
7.3.6.3. Market estimates and forecast by Temperature Range, 2016 - 2027 (USD Million)
7.3.6.4. Market estimates and forecast by Application, 2016 - 2027 (USD Million)
7.3.7. France
7.3.7.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.3.7.2. Market estimates and forecast by Type, 2016 - 2027 (USD Million)
7.3.7.3. Market estimates and forecast by Temperature Range, 2016 - 2027 (USD Million)
7.3.7.4. Market estimates and forecast by Application, 2016 - 2027 (USD Million)
7.4. Asia Pacific
7.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.4.2. Market estimates and forecast by Type, 2016 - 2027 (USD Million)
7.4.3. Market estimates and forecast by Temperature Range, 2016 - 2027 (USD Million)
7.4.4. Market estimates and forecast by Application, 2016 - 2027 (USD Million)
7.4.5. China
7.4.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.4.5.2. Market estimates and forecast by Type, 2016 - 2027 (USD Million)
7.4.5.3. Market estimates and forecast by Temperature Range, 2016 - 2027 (USD Million)
7.4.5.4. Market estimates and forecast by Application, 2016 - 2027 (USD Million)
7.4.6. India
7.4.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.4.6.2. Market estimates and forecast by Type, 2016 - 2027 (USD Million)
7.4.6.3. Market estimates and forecast by Temperature Range, 2016 - 2027 (USD Million)
7.4.6.4. Market estimates and forecast by Application, 2016 - 2027 (USD Million)
7.4.7. Japan
7.4.7.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.4.7.2. Market estimates and forecast by Type, 2016 - 2027 (USD Million)
7.4.7.3. Market estimates and forecast by Temperature Range, 2016 - 2027 (USD Million)
7.4.7.4. Market estimates and forecast by Application, 2016 - 2027 (USD Million)
7.5. Latin America
7.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.5.2. Market estimates and forecast by Type, 2016 - 2027 (USD Million)
7.5.3. Market estimates and forecast by Temperature Range, 2016 - 2027 (USD Million)
7.5.4. Market estimates and forecast by Application, 2016 - 2027 (USD Million)
7.5.5. Brazil
7.5.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.5.5.2. Market estimates and forecast by Type, 2016 - 2027 (USD Million)
7.5.5.3. Market estimates and forecast by Temperature Range, 2016 - 2027 (USD Million)
7.5.5.4. Market estimates and forecast by Application, 2016 - 2027 (USD Million)
7.5.6. Mexico
7.5.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.5.6.2. Market estimates and forecast by Type, 2016 - 2027 (USD Million)
7.5.6.3. Market estimates and forecast by Temperature Range, 2016 - 2027 (USD Million)
7.5.6.4. Market estimates and forecast by Application, 2016 - 2027 (USD Million)
7.6. Middle East & Africa
7.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.6.2. Market estimates and forecast by Type, 2016 - 2027 (USD Million)
7.6.3. Market estimates and forecast by Temperature Range, 2016 - 2027 (USD Million)
7.6.4. Market estimates and forecast by Application, 2016 - 2027 (USD Million)
Chapter 8. Competitive Landscape
8.1. Across International
8.1.1. Company overview
8.1.2. Financial performance
8.1.3. Product benchmarking
8.1.4. Strategic initiatives
8.2. BÜCHI Labortechnik AG
8.2.1. Company overview
8.2.2. Financial performance
8.2.3. Product benchmarking
8.2.4. Strategic initiatives
8.3. Dimplex Thermal Solutions
8.3.1. Company overview
8.3.2. Financial performance
8.3.3. Product benchmarking
8.3.4. Strategic initiatives
8.4. Julabo GmbH
8.4.1. Company overview
8.4.2. Financial performance
8.4.3. Product benchmarking
8.4.4. Strategic initiatives
8.5. LAUDA - Brinkmann
8.5.1. Company overview
8.5.2. Financial performance
8.5.3. Product benchmarking
8.5.4. Strategic initiatives
8.6. Lytron Chillers
8.6.1. Company overview
8.6.2. Financial performance
8.6.3. Product benchmarking
8.6.4. Strategic initiatives
8.7. Peter Huber Kältemaschinenbau
8.7.1. Company overview
8.7.2. Financial performance
8.7.3. Product benchmarking
8.7.4. Strategic initiatives
8.8. SP Industries
8.8.1. Company overview
8.8.2. Financial performance
8.8.3. Product benchmarking
8.8.4. Strategic initiatives
8.9. Thermo Fisher Scientific
8.9.1. Company overview
8.9.2. Financial performance
8.9.3. Product benchmarking
8.9.4. Strategic initiatives
8.10. ThermoTek
8.10.1. Company overview
8.10.2. Financial performance
8.10.3. Product benchmarking
8.10.4. Strategic initiatives
List of Tables
Table 1 List of Abbreviation
Table 2 Recirculating Chillers market - Industry snapshot & key buying criteria, 2016 - 2027
Table 3 Recirculating Chillers market, 2016 - 2027 (USD Million)
Table 4 Recirculating Chillers market, by Region, 2016 - 2027 (USD Million)
Table 5 Recirculating Chillers market, by Type, 2016 - 2027 (USD Million)
Table 6 Recirculating Chillers market, by Temperature Range, 2016 - 2027 (USD Million)
Table 7 Recirculating Chillers market, by Application, 2016 - 2027 (USD Million)
Table 8 Recirculating Chillers market - Regulatory framework
Table 9 Rack Mounted market, 2016 - 2027 (USD Million)
Table 10 Floor Mounted market, 2016 - 2027 (USD Million)
Table 11 Bench Top market, 2016 - 2027 (USD Million)
Table 12 - 100°C to 0°C market, 2016 - 2027 (USD Million)
Table 13 1°C to 100°C market, 2016 - 2027 (USD Million)
Table 14 101°C to 200°C market, 2016 - 2027 (USD Million)
Table 15 Industrial market, 2016 - 2027 (USD Million)
Table 16 Laboratory market, 2016 - 2027 (USD Million)
Table 17 Medical market, 2016 - 2027 (USD Million)
Table 18 Others market, 2016 - 2027 (USD Million)
Table 19 North America Recirculating Chillers market, 2016 - 2027 (USD Million)
Table 20 North America Recirculating Chillers, by Type, 2016 - 2027 (USD Million)
Table 21 North America Recirculating Chillers, by Temperature Range, 2016 - 2027 (USD Million)
Table 22 North America Recirculating Chillers, by Application, 2016 - 2027 (USD Million)
Table 23 U.S. Recirculating Chillers market, 2016 - 2027 (USD Million)
Table 24 U.S. Recirculating Chillers, by Type, 2016 - 2027 (USD Million)
Table 25 U.S. Recirculating Chillers, by Temperature Range, 2016 - 2027 (USD Million)
Table 26 U.S. Recirculating Chillers, by Application, 2016 - 2027 (USD Million)
Table 27 Canada Recirculating Chillers market, 2016 - 2027 (USD Million)
Table 28 Canada Recirculating Chillers, by Type, 2016 - 2027 (USD Million)
Table 29 Canada Recirculating Chillers, by Temperature Range, 2016 - 2027 (USD Million)
Table 30 Canada Recirculating Chillers, by Application, 2016 - 2027 (USD Million)
Table 31 Europe Recirculating Chillers market, 2016 - 2027 (USD Million)
Table 32 Europe Recirculating Chillers, by Type, 2016 - 2027 (USD Million)
Table 33 Europe Recirculating Chillers, by Temperature Range, 2016 - 2027 (USD Million)
Table 34 Europe Recirculating Chillers, by Application, 2016 - 2027 (USD Million)
Table 35 U.K. Recirculating Chillers market, 2016 - 2027 (USD Million)
Table 36 U.K. Recirculating Chillers, by Type, 2016 - 2027 (USD Million)
Table 37 U.K. Recirculating Chillers, by Temperature Range, 2016 - 2027 (USD Million)
Table 38 U.K. Recirculating Chillers, by Application, 2016 - 2027 (USD Million)
Table 39 Germany Recirculating Chillers market, 2016 - 2027 (USD Million)
Table 40 Germany Recirculating Chillers, by Type, 2016 - 2027 (USD Million)
Table 41 Germany Recirculating Chillers, by Temperature Range, 2016 - 2027 (USD Million)
Table 42 Germany Recirculating Chillers, by Application, 2016 - 2027 (USD Million)
Table 43 France Recirculating Chillers market, 2016 - 2027 (USD Million)
Table 44 France Recirculating Chillers, by Type, 2016 - 2027 (USD Million)
Table 45 France Recirculating Chillers, by Temperature Range, 2016 - 2027 (USD Million)
Table 46 France Recirculating Chillers, by Application, 2016 - 2027 (USD Million)
Table 47 Asia Pacific Recirculating Chillers market, 2016 - 2027 (USD Million)
Table 48 Asia Pacific Recirculating Chillers, by Type, 2016 - 2027 (USD Million)
Table 49 Asia Pacific Recirculating Chillers, by Temperature Range, 2016 - 2027 (USD Million)
Table 50 Asia Pacific Recirculating Chillers, by Application, 2016 - 2027 (USD Million)
Table 51 China Recirculating Chillers market, 2016 - 2027 (USD Million)
Table 52 China Recirculating Chillers, by Type, 2016 - 2027 (USD Million)
Table 53 China Recirculating Chillers, by Temperature Range, 2016 - 2027 (USD Million)
Table 54 China Recirculating Chillers, by Application, 2016 - 2027 (USD Million)
Table 55 India Recirculating Chillers market, 2016 - 2027 (USD Million)
Table 56 India Recirculating Chillers, by Type, 2016 - 2027 (USD Million)
Table 57 India Recirculating Chillers, by Temperature Range, 2016 - 2027 (USD Million)
Table 58 India Recirculating Chillers, by Application, 2016 - 2027 (USD Million)
Table 59 Japan Recirculating Chillers market, 2016 - 2027 (USD Million)
Table 60 Japan Recirculating Chillers, by Type, 2016 - 2027 (USD Million)
Table 61 Japan Recirculating Chillers, by Temperature Range, 2016 - 2027 (USD Million)
Table 62 Japan Recirculating Chillers, by Application, 2016 - 2027 (USD Million)
Table 63 Latin America Recirculating Chillers market, 2016 - 2027 (USD Million)
Table 64 Latin America Recirculating Chillers, by Type, 2016 - 2027 (USD Million)
Table 65 Latin America Recirculating Chillers, by Temperature Range, 2016 - 2027 (USD Million)
Table 66 Latin America Recirculating Chillers, by Application, 2016 - 2027 (USD Million)
Table 67 Mexico Recirculating Chillers market, 2016 - 2027 (USD Million)
Table 68 Mexico Recirculating Chillers, by Type, 2016 - 2027 (USD Million)
Table 69 Mexico Recirculating Chillers, by Temperature Range, 2016 - 2027 (USD Million)
Table 70 Mexico Recirculating Chillers, by Application, 2016 - 2027 (USD Million)
Table 71 Brazil Recirculating Chillers market, 2016 - 2027 (USD Million)
Table 72 Brazil Recirculating Chillers, by Type, 2016 - 2027 (USD Million)
Table 73 Brazil Recirculating Chillers, by Temperature Range, 2016 - 2027 (USD Million)
Table 74 Brazil Recirculating Chillers, by Application, 2016 - 2027 (USD Million)
Table 75 Middle East & Africa Recirculating Chillers market, 2016 - 2027 (USD Million)
Table 76 Middle East & Africa Recirculating Chillers, by Type, 2016 - 2027 (USD Million)
Table 77 Middle East & Africa Recirculating Chillers, by Temperature Range, 2016 - 2027 (USD Million)
Table 78 Middle East & Africa Recirculating Chillers, by Application, 2016 - 2027 (USD Million)
List of Figures
Fig. 1 Recirculating Chillers market, by 2019 (USD Million)
Fig. 2 Recirculating Chillers market segmentation
Fig. 3 Value chain analysis
Fig. 4 Recirculating Chillers market dynamics
Fig. 5 Recirculating Chillers market driver impact
Fig. 6 Recirculating Chillers market restraint impact
Fig. 7 Recirculating Chillers market opportunity impact
Fig. 8 Recirculating Chillers penetration & growth prospects mapping
Fig. 9 Recirculating Chillers market - Porter’s five forces
Fig. 10 Recirculating Chillers market - PEST analysis
Fig. 11 Recirculating Chillers market, by Region, 2019 & 2027 (USD Million)
Fig. 12 Recirculating Chillers market, by Type, 2019 & 2027 (USD Million)
Fig. 13 Recirculating Chillers market, by Temperature Range, 2019 & 2027 (USD Million)
Fig. 14 Recirculating Chillers market, by Application, 2019 & 2027 (USD Million)

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