Global Commercial HVAC Chillers Market Growth 2025-2031
Description
The global Commercial HVAC Chillers market size is predicted to grow from US$ 2155 million in 2025 to US$ 2732 million in 2031; it is expected to grow at a CAGR of 4.0% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Commercial HVAC chillers are essential components of heating, ventilation, and air conditioning (HVAC) systems in large commercial and industrial buildings. They play a crucial role in maintaining comfortable indoor temperatures and efficient energy usage.
The commercial HVAC chiller market has experienced growth over the years due to several factors:
Increasing Demand for Air Conditioning: As urbanization and industrialization continue to expand, there is a growing demand for air conditioning in commercial and industrial buildings. This demand is driven by factors such as comfort, productivity, and the need to maintain precise environmental conditions in various applications like data centers, healthcare facilities, and manufacturing plants.
Energy Efficiency Regulations: Governments and regulatory bodies around the world have imposed stricter energy efficiency standards and environmental regulations. This has led to the development of more energy-efficient chiller technologies and the replacement of older, less efficient units.
Environmental Concerns: The focus on reducing greenhouse gas emissions and mitigating climate change has prompted the HVAC industry to transition from high-GWP (Global Warming Potential) refrigerants to more environmentally friendly options. This shift has driven the development and adoption of new chiller technologies.
Technological Advancements: Advances in chiller technology, such as the use of variable-speed compressors, improved heat exchangers, and smart control systems, have made chillers more efficient and capable of adapting to varying load conditions. These innovations appeal to building owners looking to reduce operational costs.
Retrofitting and Replacement: Many existing commercial buildings are retrofitting their HVAC systems to improve energy efficiency and reduce operating costs. Replacing old, inefficient chillers with modern, high-efficiency units is a common part of these retrofit projects.
Demand for Sustainable Buildings: Sustainable building practices, including energy-efficient HVAC systems, have gained prominence. LEED (Leadership in Energy and Environmental Design) and other green building certifications often require the use of energy-efficient chillers.
Integration with Building Automation Systems (BAS): The integration of chillers with building automation systems and the use of IoT (Internet of Things) technologies allow for more precise control and monitoring, further enhancing energy efficiency and reducing operating costs.
LP Information, Inc. (LPI) ' newest research report, the “Commercial HVAC Chillers Industry Forecast” looks at past sales and reviews total world Commercial HVAC Chillers sales in 2024, providing a comprehensive analysis by region and market sector of projected Commercial HVAC Chillers sales for 2025 through 2031. With Commercial HVAC Chillers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial HVAC Chillers industry.
This Insight Report provides a comprehensive analysis of the global Commercial HVAC Chillers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Commercial HVAC Chillers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Commercial HVAC Chillers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial HVAC Chillers and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commercial HVAC Chillers.
This report presents a comprehensive overview, market shares, and growth opportunities of Commercial HVAC Chillers market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Air-cooling
Water cooling
Segmentation by Application:
Hospitals
Schools
Shopping Centers
Office Building
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Trane
Johnson Controls - Hitachi
Carrier
Mitsubshi
LG Electronics
Daikin
DunAn
Dunham-Bush
TICA
Bosch
Ebara
Lennox
Key Questions Addressed in this Report
What is the 10-year outlook for the global Commercial HVAC Chillers market?
What factors are driving Commercial HVAC Chillers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Commercial HVAC Chillers market opportunities vary by end market size?
How does Commercial HVAC Chillers break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Commercial HVAC chillers are essential components of heating, ventilation, and air conditioning (HVAC) systems in large commercial and industrial buildings. They play a crucial role in maintaining comfortable indoor temperatures and efficient energy usage.
The commercial HVAC chiller market has experienced growth over the years due to several factors:
Increasing Demand for Air Conditioning: As urbanization and industrialization continue to expand, there is a growing demand for air conditioning in commercial and industrial buildings. This demand is driven by factors such as comfort, productivity, and the need to maintain precise environmental conditions in various applications like data centers, healthcare facilities, and manufacturing plants.
Energy Efficiency Regulations: Governments and regulatory bodies around the world have imposed stricter energy efficiency standards and environmental regulations. This has led to the development of more energy-efficient chiller technologies and the replacement of older, less efficient units.
Environmental Concerns: The focus on reducing greenhouse gas emissions and mitigating climate change has prompted the HVAC industry to transition from high-GWP (Global Warming Potential) refrigerants to more environmentally friendly options. This shift has driven the development and adoption of new chiller technologies.
Technological Advancements: Advances in chiller technology, such as the use of variable-speed compressors, improved heat exchangers, and smart control systems, have made chillers more efficient and capable of adapting to varying load conditions. These innovations appeal to building owners looking to reduce operational costs.
Retrofitting and Replacement: Many existing commercial buildings are retrofitting their HVAC systems to improve energy efficiency and reduce operating costs. Replacing old, inefficient chillers with modern, high-efficiency units is a common part of these retrofit projects.
Demand for Sustainable Buildings: Sustainable building practices, including energy-efficient HVAC systems, have gained prominence. LEED (Leadership in Energy and Environmental Design) and other green building certifications often require the use of energy-efficient chillers.
Integration with Building Automation Systems (BAS): The integration of chillers with building automation systems and the use of IoT (Internet of Things) technologies allow for more precise control and monitoring, further enhancing energy efficiency and reducing operating costs.
LP Information, Inc. (LPI) ' newest research report, the “Commercial HVAC Chillers Industry Forecast” looks at past sales and reviews total world Commercial HVAC Chillers sales in 2024, providing a comprehensive analysis by region and market sector of projected Commercial HVAC Chillers sales for 2025 through 2031. With Commercial HVAC Chillers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial HVAC Chillers industry.
This Insight Report provides a comprehensive analysis of the global Commercial HVAC Chillers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Commercial HVAC Chillers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Commercial HVAC Chillers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial HVAC Chillers and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commercial HVAC Chillers.
This report presents a comprehensive overview, market shares, and growth opportunities of Commercial HVAC Chillers market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Air-cooling
Water cooling
Segmentation by Application:
Hospitals
Schools
Shopping Centers
Office Building
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Trane
Johnson Controls - Hitachi
Carrier
Mitsubshi
LG Electronics
Daikin
DunAn
Dunham-Bush
TICA
Bosch
Ebara
Lennox
Key Questions Addressed in this Report
What is the 10-year outlook for the global Commercial HVAC Chillers market?
What factors are driving Commercial HVAC Chillers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Commercial HVAC Chillers market opportunities vary by end market size?
How does Commercial HVAC Chillers break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
107 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Commercial HVAC Chillers by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Commercial HVAC Chillers by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
