Global Electronic Water Chillers Market Growth 2026-2032
Description
The global Electronic Water Chillers market size is predicted to grow from US$ 1092 million in 2025 to US$ 1732 million in 2032; it is expected to grow at a CAGR of 6.8% from 2026 to 2032.
In 2025, global electronic water chiller market recorded an annual production volume of approximately 620,000 units against an estimated global production capacity of about 750,000 units per year, with average unit price USD 1,800, while the industry sustained an average gross margin of around 34%. Electronic water chillers are electrically powered thermal management systems designed to remove heat from water or water-glycol loops using vapor-compression or thermoelectric (Peltier) technology, delivering precisely controlled chilled fluid for industrial processes, laboratory equipment, medical devices, data centers, semiconductor tools, laser systems, and battery energy storage applications. The supply chain begins upstream with key components such as compressors (scroll, rotary, or centrifugal), heat exchangers (evaporators and condensers), electronic expansion valves, refrigerants, circulation pumps, sensors, power electronics, and embedded control boards; midstream activities include system engineering, enclosure fabrication, integration of refrigeration circuits with electronic controls, performance testing, and compliance certification (CE, UL, RoHS); downstream, finished electronic water chillers are distributed through OEM channels, industrial equipment suppliers, and HVAC distributors to end users in manufacturing, healthcare, research, energy, and IT infrastructure, supported by installation, commissioning, aftermarket service, spare parts, and long-term maintenance contracts.
United States market for Electronic Water Chillers is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
China market for Electronic Water Chillers is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
Europe market for Electronic Water Chillers is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
Global key Electronic Water Chillers players cover Carrier Global, Daikin Industries, Johnson Controls, Mitsubishi Electric, Trane Technologies, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2025.
LP Information, Inc. (LPI) ' newest research report, the “Electronic Water Chillers Industry Forecast” looks at past sales and reviews total world Electronic Water Chillers sales in 2025, providing a comprehensive analysis by region and market sector of projected Electronic Water Chillers sales for 2026 through 2032. With Electronic Water Chillers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronic Water Chillers industry.
This Insight Report provides a comprehensive analysis of the global Electronic Water 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 Electronic Water Chillers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electronic Water Chillers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Water 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 Electronic Water Chillers.
This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Water Chillers market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Vapor-compression Type
Thermoelectric Type
Hybrid Type
Segmentation by Compressor Type:
Rotary Compressor Chillers
Scroll Compressor Chillers
Reciprocating Compressor Chillers
Centrifugal Compressor Chillers
Segmentation by Application:
Industrial
Laboratories
Data Centers
Medical Centers
Energy & Power Systems
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.
Carrier Global
Daikin Industries
Johnson Controls
Mitsubishi Electric
Trane Technologies
LG Electronics
GEA Group
Danfoss
Smardt Chiller Group
Hitachi Group
Midea Group
Haier Group
American Chillers
Cold Shot Chillers
Atlas Copco
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electronic Water Chillers market?
What factors are driving Electronic Water Chillers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electronic Water Chillers market opportunities vary by end market size?
How does Electronic Water Chillers break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
In 2025, global electronic water chiller market recorded an annual production volume of approximately 620,000 units against an estimated global production capacity of about 750,000 units per year, with average unit price USD 1,800, while the industry sustained an average gross margin of around 34%. Electronic water chillers are electrically powered thermal management systems designed to remove heat from water or water-glycol loops using vapor-compression or thermoelectric (Peltier) technology, delivering precisely controlled chilled fluid for industrial processes, laboratory equipment, medical devices, data centers, semiconductor tools, laser systems, and battery energy storage applications. The supply chain begins upstream with key components such as compressors (scroll, rotary, or centrifugal), heat exchangers (evaporators and condensers), electronic expansion valves, refrigerants, circulation pumps, sensors, power electronics, and embedded control boards; midstream activities include system engineering, enclosure fabrication, integration of refrigeration circuits with electronic controls, performance testing, and compliance certification (CE, UL, RoHS); downstream, finished electronic water chillers are distributed through OEM channels, industrial equipment suppliers, and HVAC distributors to end users in manufacturing, healthcare, research, energy, and IT infrastructure, supported by installation, commissioning, aftermarket service, spare parts, and long-term maintenance contracts.
United States market for Electronic Water Chillers is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
China market for Electronic Water Chillers is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
Europe market for Electronic Water Chillers is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
Global key Electronic Water Chillers players cover Carrier Global, Daikin Industries, Johnson Controls, Mitsubishi Electric, Trane Technologies, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2025.
LP Information, Inc. (LPI) ' newest research report, the “Electronic Water Chillers Industry Forecast” looks at past sales and reviews total world Electronic Water Chillers sales in 2025, providing a comprehensive analysis by region and market sector of projected Electronic Water Chillers sales for 2026 through 2032. With Electronic Water Chillers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronic Water Chillers industry.
This Insight Report provides a comprehensive analysis of the global Electronic Water 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 Electronic Water Chillers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electronic Water Chillers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Water 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 Electronic Water Chillers.
This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Water Chillers market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Vapor-compression Type
Thermoelectric Type
Hybrid Type
Segmentation by Compressor Type:
Rotary Compressor Chillers
Scroll Compressor Chillers
Reciprocating Compressor Chillers
Centrifugal Compressor Chillers
Segmentation by Application:
Industrial
Laboratories
Data Centers
Medical Centers
Energy & Power Systems
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.
Carrier Global
Daikin Industries
Johnson Controls
Mitsubishi Electric
Trane Technologies
LG Electronics
GEA Group
Danfoss
Smardt Chiller Group
Hitachi Group
Midea Group
Haier Group
American Chillers
Cold Shot Chillers
Atlas Copco
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electronic Water Chillers market?
What factors are driving Electronic Water Chillers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electronic Water Chillers market opportunities vary by end market size?
How does Electronic Water Chillers break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
108 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 Electronic Water 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 Electronic Water Chillers by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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