Global HVAC Chillers Market By Product Type (Screw chillers, Scroll chillers, Centrifugal chillers and Others), By End-User (Industrial sector and Commercial Sector), By Company, By Region, Forecast & Opportunities, 2028

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Summary

Report Description

Global HVAC chillers market is expected to grow at a steady CAGR during the forecast period. The global HVAC chillers market is driven by upsurge in count of skyscrapers globally since chillers are widely used in the cooling and ventilation of skyscrapers. Growing tourism industry across the world has improved the construction of hotels and public infrastructure, where HVAC chillers can be widely utilized, which is positively impacting the growth of market during the forecast period. Additionally, growing preference for district cooling systems in many industries and high-rise buildings is expected to bolster the growth of market over the next few years.

The global HVAC chillers market is segmented based on product type, end-user, company, and region. Based on product type, the market has been segmented into screw chillers, scroll chillers, centrifugal chillers, and others. The screw chillers segment dominated the market in 2022 and is anticipated to maintain its dominance over the next five years as well owing to its major applications/properties like minimum sound emission and high output. Based on region, the APAC region led the overall HVAC chillers market and is projected to lead the market during the forecast period as well owing to increasing data centers, hotels, and office spaces.

The major players operating in the HVAC chillers market are Daikin Industries, Ingersoll Rand, Johnson Controls, LG Electronics, Mitsubishi Electric, United Technologies, Climaveneta S.p.A., Airedale Air Conditioning, Jiangsu Shuangliang Eco-Energy Co.Ltd. and others.

Objective of the Study:

  • To analyze and estimate the market size of global HVAC chillers market from 2018 to 2021.
  • To estimate and forecast the market size of global HVAC chillers market from 2022 to 2028 and growth rate until 2028.
  • To classify and forecast global HVAC chillers market based on product type, end-user, company, and regional distribution.
  • To identify dominant region or segment in the global HVAC chillers market.
  • To identify drivers and challenges for global HVAC chillers market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global HVAC chillers market.
  • To conduct pricing analysis for global HVAC chillers market.
  • To identify and analyze the profile of leading players operating in global HVAC chillers market.
  • To identify key sustainable strategies adopted by market players in global HVAC chillers market. 


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers and presence of all major players across the globe.

TechSci Research calculated the market size of global HVAC Chillers market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research. 

Key Target Audience:

  • HVAC chillers manufacturers
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to HVAC chillers

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Product Type

·         End User

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt

Key Companies Profiled

Daikin Industries, Ingersoll Rand, Johnson Controls, LG Electronics, Mitsubishi Electric, United Technologies, Climaveneta S.p.A., Airedale Air Conditioning, Jiangsu Shuangliang Eco-Energy Co.Ltd.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global HVAC chillers market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global HVAC Chillers Market, By Product Type:
    • Screw chillers
    • Scroll chillers
    • Centrifugal chillers
    • Others
  • Global HVAC Chillers Market, By End-User:
    • Industrial sector
    • Commercial Sector
  • Global HVAC Chillers Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global HVAC chillers market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global HVAC chillers market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global HVAC Chillers Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Brand Awareness

5.2.  Factors Influencing Purchase Decision

5.3.  Challenges/Issues Faced Post Purchase

6.    Global HVAC Chillers Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Product Type (Screw chillers, Scroll chillers, Centrifugal chillers and Others)

6.2.2.     By End-User (Industrial sector and Commercial Sector)

6.2.3.     By Company (2022)

6.2.4.     By Region

6.3.  Market Attractiveness Index

7.    Asia-Pacific HVAC Chillers Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Product Type

7.2.2.     By End-User

7.2.3.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China HVAC Chillers Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value & Volume

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Product Type

7.3.1.2.2.             By End-User

7.3.2.     India HVAC Chillers Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value & Volume

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Product Type

7.3.2.2.2.             By End-User

7.3.3.     Australia HVAC Chillers Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value & Volume

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Product Type

7.3.3.2.2.             By End-User

7.3.4.     Japan HVAC Chillers Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value & Volume

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Product Type

7.3.4.2.2.             By End-User

7.3.5.     South Korea HVAC Chillers Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value & Volume

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Product Type

7.3.5.2.2.             By End-User

8.    Europe HVAC Chillers Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Product Type

8.2.2.     By End-User

8.2.3.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France HVAC Chillers Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value & Volume

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Product Type

8.3.1.2.2.             By End-User

8.3.2.     Germany HVAC Chillers Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value & Volume

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Product Type

8.3.2.2.2.             By End-User

8.3.3.     United Kingdom HVAC Chillers Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value & Volume

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Product Type

8.3.3.2.2.             By End-User

8.3.4.     Italy HVAC Chillers Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value & Volume

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Product Type

8.3.4.2.2.             By End-User

8.3.5.     Spain HVAC Chillers Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value & Volume

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Product Type

8.3.5.2.2.             By End-User

9.    North America HVAC Chillers Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Product Type

9.2.2.     By End-User

9.2.3.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States HVAC Chillers Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value & Volume

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Product Type

9.3.1.2.2.             By End-User

9.3.2.     Mexico HVAC Chillers Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value & Volume

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Product Type

9.3.2.2.2.             By End-User

9.3.3.     Canada HVAC Chillers Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value & Volume

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Product Type

9.3.3.2.2.             By End-User

10.  South America HVAC Chillers Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Product Type

10.2.2.  By End-User

10.2.3.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil HVAC Chillers Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value & Volume

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Product Type

10.3.1.2.2.           By End-User

10.3.2.  Argentina HVAC Chillers Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value & Volume

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Product Type

10.3.2.2.2.           By End-User

10.3.3.  Colombia HVAC Chillers Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value & Volume

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Product Type

10.3.3.2.2.           By End-User

11.  Middle East and Africa HVAC Chillers Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Product Type

11.2.2.  By End-User

11.2.3.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa HVAC Chillers Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value & Volume

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Product Type

11.3.1.2.2.           By End-User

11.3.2.  Saudi Arabia HVAC Chillers Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value & Volume

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Product Type

11.3.2.2.2.           By End-User

11.3.3.  UAE HVAC Chillers Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value & Volume

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Product Type

11.3.3.2.2.           By End-User

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Daikin Industries

14.2.              Ingersoll Rand

14.3.              Johnson Controls

14.4.              LG Electronics

14.5.              Mitsubishi Electric

14.6.              United Technologies

14.7.              Climaveneta S.p.A.

14.8.              Airedale Air Conditioning

14.9.              Jiangsu Shuangliang Eco-Energy Co.Ltd.

15. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Asia-pacific is expected to dominate the market throughout the forecast period due to the increase in the number of data centres, hotels, and office spaces which require the use of HVAC chillers.

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Based on product type, the market is divided into screw chillers, scroll chillers, centrifugal chillers, and others. The screw chillers segment is expected to hold the largest market share in the forecast period as it provides high output and minimum sound emission.

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The growing tourism industry and the upsurge in the count of skyscrapers are driving the demand of the global HVAC chillers market.

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Daikin Industries, Ingersoll Rand, Johnson Controls, LG Electronics, Mitsubishi Electric, United Technologies, Climaveneta S.p.A., Airedale Air Conditioning, Jiangsu Shuangliang Eco-Energy Co.Ltd. are the major market players operating in the global HVAC chillers market.

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