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Global Water Chiller Market Research Report 2021
SKU ID : QYR-17253981 | Publishing Date : 25-Jan-2021 | No. of pages : 138
A water chiller is a mechanical device used to facilitate heat exchange from water to a refrigerant in a closed loop system. Chillers have widespread industrial applications. They are also in huge demand in the Beverages, Plastics, and Medical industries. Chillers are available in different sizes and cooling capacities and have a range of energy consumption levels to meet the requirements of end-users.
US sales of water chiller was about 77627 units in 2015, and will reach to 81250 units in 2016. From 2011 to 2015, the annual growth rate was about 5.56%.
The major brands include Trane (Ingersoll-Rand), Carrier, Parker Hannifin , Lennox, Dimplex , Thermal Solutions, EcoChillers., Thermal Care, SMC and Dinkin (McQuay), these companies occupied above 60% market share. And the top five players occupied about 50% market share.
Plastics & Rubber and Food Processing are the largest consumption field, occupied above 45% market share. Centrifugal chillers and reciprocating chillers are major product type, and have about 63 market share.
In the future, the growth rate will be about 5.52%, and the production will reach to 106267 units in 2021. Finally, although sales of water chiller products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the Water chiller field hastily.
Market Analysis and Insights: Global Water Chiller Market
The global Water Chiller market was valued at US$ XX million in 2019 and it is expected to reach US$ XX million by the end of 2026, growing at a CAGR of XX% during 2021-2026.
Global Water Chiller Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Water Chiller Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Screw Chillers
Centrifugal Chillers
Reciprocating Chillers
Other
Segment by Application
Medical
Chemical & Pharmaceutical
Plastics & Rubber
Metal Forming
Food Processing
Other
By Company
Carrier
Parker Hannifin
Lennox
Dimplex Thermal Solutions
EcoChillers
Thermal Care
SMC
Dinkin (McQuay)
Lytron Chillers
Mammoth
Toshiba
Bosch
Advantage Engineering
Mitsubshi
Filtrine
Fluid Chillers
Budzar Industries
Legacy Chiller Systems USA
Cold Shot Chillers
General Air Products
Dry Coolers
Orion Machinery
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
US sales of water chiller was about 77627 units in 2015, and will reach to 81250 units in 2016. From 2011 to 2015, the annual growth rate was about 5.56%.
The major brands include Trane (Ingersoll-Rand), Carrier, Parker Hannifin , Lennox, Dimplex , Thermal Solutions, EcoChillers., Thermal Care, SMC and Dinkin (McQuay), these companies occupied above 60% market share. And the top five players occupied about 50% market share.
Plastics & Rubber and Food Processing are the largest consumption field, occupied above 45% market share. Centrifugal chillers and reciprocating chillers are major product type, and have about 63 market share.
In the future, the growth rate will be about 5.52%, and the production will reach to 106267 units in 2021. Finally, although sales of water chiller products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the Water chiller field hastily.
Market Analysis and Insights: Global Water Chiller Market
The global Water Chiller market was valued at US$ XX million in 2019 and it is expected to reach US$ XX million by the end of 2026, growing at a CAGR of XX% during 2021-2026.
Global Water Chiller Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Water Chiller Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Screw Chillers
Centrifugal Chillers
Reciprocating Chillers
Other
Segment by Application
Medical
Chemical & Pharmaceutical
Plastics & Rubber
Metal Forming
Food Processing
Other
By Company
Carrier
Parker Hannifin
Lennox
Dimplex Thermal Solutions
EcoChillers
Thermal Care
SMC
Dinkin (McQuay)
Lytron Chillers
Mammoth
Toshiba
Bosch
Advantage Engineering
Mitsubshi
Filtrine
Fluid Chillers
Budzar Industries
Legacy Chiller Systems USA
Cold Shot Chillers
General Air Products
Dry Coolers
Orion Machinery
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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