The global Chillers market was valued at 677.35 Million USD in 2021 and will grow with a CAGR of 3.25% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

A chiller is a machine that removes heat from a liquid via a vapor-compression or absorption refrigeration cycle. This liquid can then be circulated through a heat exchanger to cool equipment, or another process stream (such as air or process water). As a necessary by product, refrigeration creates waste heat that must be exhausted to ambience, or for greater efficiency, recovered for heating purposes.Chilled water is used to cool and dehumidify air in mid- to large-size commercial, industrial, and institutional facilities. Water chillers can be water-cooled, air-cooled, or evaporatively cooled. Water-cooled systems can provide efficiency and environmental impact advantages over air-cooled systems. This industry is affected by the economy and policy, so it`s important to put an eye to economic indexes and leaders` prefer. With the global economic recovery, especially in underdevelopment regions that have a large population and fast economic growth, the need will increase.

By Market Verdors:

Trane (Ingersoll-Rand)

Johnson Controls - Hitachi

Carrier

Mitsubshi

LG Electronics

Daikin

DunAn

Dunham-Bush

TICA

Bosch

Ebara

Lennox

Smardt　Chiller　Group

Kingair

Parker Hannifin

Dimplex Thermal Solutions

Tsing Hua Tongfang

Airedale Air Conditioning

By Types:

Centrifugal Chillers

Scroll Chiller

Screw Chiller

By Applications:

Commercial

Industrial

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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Assess the production processes, major issues, and solutions to mitigate the development risk.

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Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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