About Industrial Chillers

Industrial chillers are systems that cool or dehumidify the air in commercial and industrial facilities. The chillers use either absorption cycle or vapor compression for cooling. There are three types of chillers, namely, air chillers, water chillers, and evaporative condensed chillers. The basic components of chillers through which the refrigerant passes include evaporators, compressors, condensers, and expansion valves.

Technavio’s analysts forecast the global industrial chillers market to grow at a CAGR of 3.80% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global industrial chillers market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Industrial Chillers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Carrier
• Daikin Industries
• Ingersoll Rand
• Johnson Controls
• Mitsubishi Electric


Other prominent vendors
• Airedale Cooling Services
• Blue Star
• Fujitsu General
• Haier
• Midea Group
• Panasonic
• SAMSUNG
• Smardt Chiller Group
• Thermax Inc.

Market driver
• Increase in demand for frozen foods
• For a full, detailed list, view our report

Market challenge
• Intense market competition
• For a full, detailed list, view our report

Market trend
• IoT-enabled chillers
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.