Heating, ventilation, and air conditioning (HVAC) chillers are equipment used to cool a building or an equipment. HVAC is an assembly of various types of equipment installed together to provide heating and cooling. It is also used in different industries to keep the machinery running by maintaining the temperature of the place where machines are installed.
One of the primary drivers for this market is the growing demand for district cooling. District cooling is replacing the traditional air cooling methods because of increased advantages like energy-saving, low environmental damage, and reduced maintenance needs. Furthermore, the increasing tourism market in nations of MEA and Asia has enhanced the construction of hotels and public infrastructure, which make extensive use of district cooling. HVAC chillers are one of the major facilities of district cooling. Also, the demand for airports, sports complexes, religious sites, and public infrastructure in the Southeast Asian countries will augment growth in the global HVAC chillers market during the forecast period.
APAC dominates the HVAC chillers market over the forecast period. The increasing data centers, hotels, and office spaces are significantly promoting the growth of the HVAC chiller market in the region. Further, hospitals also make use of HVAC chillers for ventilation. Thus, growing healthcare concerns in APAC and increased accessibility to finance and insurance will boost market growth in APAC.
The global HVAC Chillers market was valued at 8800 million US$ in 2018 and will reach 11100 million US$ by the end of 2025, growing at a CAGR of 3.0% during 2019-2025.
This report focuses on HVAC Chillers volume and value at global level, regional level and company level. From a global perspective, this report represents overall HVAC Chillers market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of HVAC Chillers in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their HVAC Chillers manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
DAIKIN INDUSTRIES
Ingersoll Rand (Trane)
Johnson Controls
LG Electronics
Mitsubishi Electric
United Technologies (Carrier)
...
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Screw Chillers
Scroll Chillers
Centrifugal Chillers
Others
Segment by Application
Industrial
Commercial
Summary:
Get latest Market Research Reports on HVAC Chillers. Industry analysis & Market Report on HVAC Chillers is a syndicated market report, published as Global HVAC Chillers Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of HVAC Chillers market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.