APO RESEARCH · REPORT
Chillers
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).
Product & engineering
Understand the product.
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).
Selected research
Market Analysis & Forecast
Global Chillers Market Analysis and Forecast 2026-2032
Market perspective
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).
The global Chillers market was valued at US$ 7.62 billion in 2019.From 2018 to 2019, the growth rate of global chillers market slowed down, and major manufacturers further reduced product prices, maintained product coverage, and gradually increased product penetration. Due to the impact of the COVID-19 in 2020, the market experienced negative growth.Asia-Pacific is the largest market segment of Chiller, with a consumption market share nearly 39.62% in 2019, followed by Europe with a consumption market share nearly 27.12% in 2019.Commercial segment was estimated to account for the highest market share of 56.60% in 2019. Industrial segment held 43.40% of the market.Demand for Chillers is profoundly dependent on increase in investments in a region. Therefore, macroeconomic factors such as GDP growth are among major growth drivers for conveyor belt market. As a result of the past few years the world economy is not stable, and international economic situation is complicated, in the next few years there will be many uncertainties, and coupled with Chillers industry in short supply on the market in the past few years, more and more companies enter into Chillers industry, The signal of market price change indicates the trend in the Chillers industry, the current demand for Chillers product is Sustained growth.
This report presents an overview of global market for Chillers, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2021 - 2025, estimates for 2026, and projections of CAGR through 2032.
Read the full market overview
This report researches the key producers of Chillers, also provides the consumption of main regions and countries. Of the upcoming market potential for Chillers, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Chillers sales, revenue, market share and industry ranking of main manufacturers, data from 2021 to 2026. Identification of the major stakeholders in the global Chillers market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2021 to 2032. Evaluation and forecast the market size for Chillers sales, projected growth trends, production technology, application and end-user industry.
Chillers Segment by Company
Trane
Johnson Controls - Hitachi
Carrier
Mitsubshi
LG Electronics
Daikin
DunAn
Dunham-Bush
TICA
Bosch
Ebara
Smardt Chiller Group
Parker Hannifin
Dimplex Thermal Solutions
Chillers Segment by Type
0°C to -29°C
-30°C to -49°C
-50°C to -99°C
-100°C or less
Others
Chillers Segment by Application
Commercial
Industrial
Chillers Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Chillers market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Chillers and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Chillers.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Chillers production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Sales (consumption), revenue of Chillers in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 5: Detailed analysis of Chillers manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Chillers sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America by type, by application and by country, sales, and revenue for each segment.
Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 11: China by type, by application, sales, and revenue for each segment.
Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 13: South America, Middle East and Africa by type, by application and by country, sales, and revenue for each segment.
Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 15: The main concluding insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- 0°C to -29°C
- -30°C to -49°C
- -50°C to -99°C
- -100°C or less
- Others
Applications
- Commercial
- Industrial
Companies covered
- Trane
- Johnson Controls - Hitachi
- Carrier
- Mitsubshi
- LG Electronics
- Daikin
- DunAn
- Dunham-Bush
- TICA
- Bosch
- Ebara
- Smardt Chiller Group
- Parker Hannifin
- Dimplex Thermal Solutions
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Chillers Market by Type
- 1.2.1 Global Chillers Market Size by Type, 2021 VS 2025 VS 2032
- 1.2.2 0°C to -29°C
- 1.2.3 -30°C to -49°C
- 1.2.4 -50°C to -99°C
- 1.2.5 -100°C or less
- 1.2.6 Others
- 1.3 Chillers Market by Application
- 1.3.1 Global Chillers Market Size by Application, 2021 VS 2025 VS 2032
- 1.3.2 Commercial
- 1.3.3 Industrial
- 1.4 Assumptions and Limitations
- 1.5 Study Goals and Objectives
2 Chillers Market Dynamics
- 2.1 Chillers Industry Trends
- 2.2 Chillers Industry Drivers
- 2.3 Chillers Industry Opportunities and Challenges
- 2.4 Chillers Industry Restraints
3 Global Chillers Production Overview
- 3.1 Global Chillers Production Capacity (2021-2032)
- 3.2 Global Chillers Production by Region: 2021 VS 2025 VS 2032
- 3.3 Global Chillers Production by Region
- 3.3.1 Global Chillers Production by Region (2021-2026)
- 3.3.2 Global Chillers Production by Region (2027-2032)
- 3.3.3 Global Chillers Production Market Share by Region (2021-2032)
- 3.4 North America
- 3.5 Europe
- 3.6 China
- 3.7 Japan
4 Global Market Growth Prospects
- 4.1 Global Chillers Revenue Estimates and Forecasts (2021-2032)
- 4.2 Global Chillers Revenue by Region
- 4.2.1 Global Chillers Revenue by Region: 2021 VS 2025 VS 2032
- 4.2.2 Global Chillers Revenue by Region (2021-2026)
- 4.2.3 Global Chillers Revenue by Region (2027-2032)
- 4.2.4 Global Chillers Revenue Market Share by Region (2021-2032)
- 4.3 Global Chillers Sales Estimates and Forecasts 2021-2032
- 4.4 Global Chillers Sales by Region
- 4.4.1 Global Chillers Sales by Region: 2021 VS 2025 VS 2032
- 4.4.2 Global Chillers Sales by Region (2021-2026)
- 4.4.3 Global Chillers Sales by Region (2027-2032)
- 4.4.4 Global Chillers Sales Market Share by Region (2021-2032)
- 4.5 North America
- 4.6 Europe
- 4.7 China
- 4.8 Asia (Excluding China)
- 4.9 South America, Middle East and Africa
5 Market Competitive Landscape by Manufacturers
- 5.1 Global Chillers Revenue by Manufacturers
- 5.1.1 Global Chillers Revenue by Manufacturers (2021-2026)
- 5.1.2 Global Chillers Revenue Market Share by Manufacturers (2021-2026)
- 5.1.3 Global Chillers Manufacturers Revenue Share Top 10 and Top 5 in 2025
- 5.2 Global Chillers Sales by Manufacturers
- 5.2.1 Global Chillers Sales by Manufacturers (2021-2026)
- 5.2.2 Global Chillers Sales Market Share by Manufacturers (2021-2026)
- 5.2.3 Global Chillers Manufacturers Sales Share Top 10 and Top 5 in 2025
- 5.3 Global Chillers Sales Price by Manufacturers (2021-2026)
- 5.4 Global Chillers Key Manufacturers Ranking, 2024 VS 2025 VS 2026
- 5.5 Global Chillers Key Manufacturers Manufacturing Sites & Headquarters
- 5.6 Global Chillers Manufacturers, Product Type & Application
- 5.7 Global Chillers Manufacturers Commercialization Time
- 5.8 Market Competitive Analysis
- 5.8.1 Global Chillers Market CR5 and HHI
- 5.8.2 2025 Chillers Tier 1, Tier 2, and Tier 3
6 Chillers Market by Type
- 6.1 Global Chillers Revenue by Type
- 6.1.1 Global Chillers Revenue by Type (2021-2032) & (US$ Million)
- 6.1.2 Global Chillers Revenue Market Share by Type (2021-2032)
- 6.2 Global Chillers Sales by Type
- 6.2.1 Global Chillers Sales by Type (2021-2032) & (units)
- 6.2.2 Global Chillers Sales Market Share by Type (2021-2032)
- 6.3 Global Chillers Price by Type
7 Chillers Market by Application
- 7.1 Global Chillers Revenue by Application
- 7.1.1 Global Chillers Revenue by Application (2021-2032) & (US$ Million)
- 7.1.2 Global Chillers Revenue Market Share by Application (2021-2032)
- 7.2 Global Chillers Sales by Application
- 7.2.1 Global Chillers Sales by Application (2021-2032) & (units)
- 7.2.2 Global Chillers Sales Market Share by Application (2021-2032)
- 7.3 Global Chillers Price by Application
8 Company Profiles
- 8.1 Trane
- 8.1.1 Trane Company Information
- 8.1.2 Trane Business Overview
- 8.1.3 Trane Chillers Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.1.4 Trane Chillers Product Portfolio
- 8.1.5 Trane Recent Developments
- 8.2 Johnson Controls - Hitachi
- 8.2.1 Johnson Controls - Hitachi Company Information
- 8.2.2 Johnson Controls - Hitachi Business Overview
- 8.2.3 Johnson Controls - Hitachi Chillers Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.2.4 Johnson Controls - Hitachi Chillers Product Portfolio
- 8.2.5 Johnson Controls - Hitachi Recent Developments
- 8.3 Carrier
- 8.3.1 Carrier Company Information
- 8.3.2 Carrier Business Overview
- 8.3.3 Carrier Chillers Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.3.4 Carrier Chillers Product Portfolio
- 8.3.5 Carrier Recent Developments
- 8.4 Mitsubshi
- 8.4.1 Mitsubshi Company Information
- 8.4.2 Mitsubshi Business Overview
- 8.4.3 Mitsubshi Chillers Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.4.4 Mitsubshi Chillers Product Portfolio
- 8.4.5 Mitsubshi Recent Developments
- 8.5 LG Electronics
- 8.5.1 LG Electronics Company Information
- 8.5.2 LG Electronics Business Overview
- 8.5.3 LG Electronics Chillers Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.5.4 LG Electronics Chillers Product Portfolio
- 8.5.5 LG Electronics Recent Developments
- 8.6 Daikin
- 8.6.1 Daikin Company Information
- 8.6.2 Daikin Business Overview
- 8.6.3 Daikin Chillers Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.6.4 Daikin Chillers Product Portfolio
- 8.6.5 Daikin Recent Developments
- 8.7 DunAn
- 8.7.1 DunAn Company Information
- 8.7.2 DunAn Business Overview
- 8.7.3 DunAn Chillers Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.7.4 DunAn Chillers Product Portfolio
- 8.7.5 DunAn Recent Developments
- 8.8 Dunham-Bush
- 8.8.1 Dunham-Bush Company Information
- 8.8.2 Dunham-Bush Business Overview
- 8.8.3 Dunham-Bush Chillers Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.8.4 Dunham-Bush Chillers Product Portfolio
- 8.8.5 Dunham-Bush Recent Developments
- 8.9 TICA
- 8.9.1 TICA Company Information
- 8.9.2 TICA Business Overview
- 8.9.3 TICA Chillers Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.9.4 TICA Chillers Product Portfolio
- 8.9.5 TICA Recent Developments
- 8.10 Bosch
- 8.10.1 Bosch Company Information
- 8.10.2 Bosch Business Overview
- 8.10.3 Bosch Chillers Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.10.4 Bosch Chillers Product Portfolio
- 8.10.5 Bosch Recent Developments
- 8.11 Ebara
- 8.11.1 Ebara Company Information
- 8.11.2 Ebara Business Overview
- 8.11.3 Ebara Chillers Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.11.4 Ebara Chillers Product Portfolio
- 8.11.5 Ebara Recent Developments
- 8.12 Smardt Chiller Group
- 8.12.1 Smardt Chiller Group Company Information
- 8.12.2 Smardt Chiller Group Business Overview
- 8.12.3 Smardt Chiller Group Chillers Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.12.4 Smardt Chiller Group Chillers Product Portfolio
- 8.12.5 Smardt Chiller Group Recent Developments
- 8.13 Parker Hannifin
- 8.13.1 Parker Hannifin Company Information
- 8.13.2 Parker Hannifin Business Overview
- 8.13.3 Parker Hannifin Chillers Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.13.4 Parker Hannifin Chillers Product Portfolio
- 8.13.5 Parker Hannifin Recent Developments
- 8.14 Dimplex Thermal Solutions
- 8.14.1 Dimplex Thermal Solutions Company Information
- 8.14.2 Dimplex Thermal Solutions Business Overview
- 8.14.3 Dimplex Thermal Solutions Chillers Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.14.4 Dimplex Thermal Solutions Chillers Product Portfolio
- 8.14.5 Dimplex Thermal Solutions Recent Developments
9 North America
- 9.1 North America Chillers Market Size by Type
- 9.1.1 North America Chillers Revenue by Type (2021-2032)
- 9.1.2 North America Chillers Sales by Type (2021-2032)
- 9.1.3 North America Chillers Price by Type (2021-2032)
- 9.2 North America Chillers Market Size by Application
- 9.2.1 North America Chillers Revenue by Application (2021-2032)
- 9.2.2 North America Chillers Sales by Application (2021-2032)
- 9.2.3 North America Chillers Price by Application (2021-2032)
- 9.3 North America Chillers Market Size by Country
- 9.3.1 North America Chillers Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 9.3.2 North America Chillers Sales by Country (2021 VS 2025 VS 2032)
- 9.3.3 North America Chillers Price by Country (2021-2032)
- 9.3.4 United States
- 9.3.5 Canada
- 9.3.6 Mexico
10 Europe
- 10.1 Europe Chillers Market Size by Type
- 10.1.1 Europe Chillers Revenue by Type (2021-2032)
- 10.1.2 Europe Chillers Sales by Type (2021-2032)
- 10.1.3 Europe Chillers Price by Type (2021-2032)
- 10.2 Europe Chillers Market Size by Application
- 10.2.1 Europe Chillers Revenue by Application (2021-2032)
- 10.2.2 Europe Chillers Sales by Application (2021-2032)
- 10.2.3 Europe Chillers Price by Application (2021-2032)
- 10.3 Europe Chillers Market Size by Country
- 10.3.1 Europe Chillers Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 10.3.2 Europe Chillers Sales by Country (2021 VS 2025 VS 2032)
- 10.3.3 Europe Chillers Price by Country (2021-2032)
- 10.3.4 Germany
- 10.3.5 France
- 10.3.6 U.K.
- 10.3.7 Italy
- 10.3.8 Russia
- 10.3.9 Spain
- 10.3.10 Netherlands
- 10.3.11 Switzerland
- 10.3.12 Sweden
11 China
- 11.1 China Chillers Market Size by Type
- 11.1.1 China Chillers Revenue by Type (2021-2032)
- 11.1.2 China Chillers Sales by Type (2021-2032)
- 11.1.3 China Chillers Price by Type (2021-2032)
- 11.2 China Chillers Market Size by Application
- 11.2.1 China Chillers Revenue by Application (2021-2032)
- 11.2.2 China Chillers Sales by Application (2021-2032)
- 11.2.3 China Chillers Price by Application (2021-2032)
12 Asia (Excluding China)
- 12.1 Asia Chillers Market Size by Type
- 12.1.1 Asia Chillers Revenue by Type (2021-2032)
- 12.1.2 Asia Chillers Sales by Type (2021-2032)
- 12.1.3 Asia Chillers Price by Type (2021-2032)
- 12.2 Asia Chillers Market Size by Application
- 12.2.1 Asia Chillers Revenue by Application (2021-2032)
- 12.2.2 Asia Chillers Sales by Application (2021-2032)
- 12.2.3 Asia Chillers Price by Application (2021-2032)
- 12.3 Asia Chillers Market Size by Country
- 12.3.1 Asia Chillers Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 12.3.2 Asia Chillers Sales by Country (2021 VS 2025 VS 2032)
- 12.3.3 Asia Chillers Price by Country (2021-2032)
- 12.3.4 Japan
- 12.3.5 South Korea
- 12.3.6 India
- 12.3.7 Australia
- 12.3.8 Taiwan
- 12.3.9 Southeast Asia
13 South America, Middle East and Africa
- 13.1 SAMEA Chillers Market Size by Type
- 13.1.1 SAMEA Chillers Revenue by Type (2021-2032)
- 13.1.2 SAMEA Chillers Sales by Type (2021-2032)
- 13.1.3 SAMEA Chillers Price by Type (2021-2032)
- 13.2 SAMEA Chillers Market Size by Application
- 13.2.1 SAMEA Chillers Revenue by Application (2021-2032)
- 13.2.2 SAMEA Chillers Sales by Application (2021-2032)
- 13.2.3 SAMEA Chillers Price by Application (2021-2032)
- 13.3 SAMEA Chillers Market Size by Country
- 13.3.1 SAMEA Chillers Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 13.3.2 SAMEA Chillers Sales by Country (2021 VS 2025 VS 2032)
- 13.3.3 SAMEA Chillers Price by Country (2021-2032)
- 13.3.4 Brazil
- 13.3.5 Argentina
- 13.3.6 Chile
- 13.3.7 Colombia
- 13.3.8 Peru
- 13.3.9 Saudi Arabia
- 13.3.10 Israel
- 13.3.11 UAE
- 13.3.12 Turkey
- 13.3.13 Iran
- 13.3.14 Egypt
14 Value Chain and Sales Channels Analysis
- 14.1 Chillers Value Chain Analysis
- 14.1.1 Chillers Key Raw Materials
- 14.1.2 Raw Materials Key Suppliers
- 14.1.3 Manufacturing Cost Structure
- 14.1.4 Chillers Production Mode & Process
- 14.2 Chillers Sales Channels Analysis
- 14.2.1 Direct Comparison with Distribution Share
- 14.2.2 Chillers Distributors
- 14.2.3 Chillers Customers
15 Concluding Insights
16 Appendix
- 16.1 Reasons for Doing This Study
- 16.2 Research Methodology
- 16.3 Research Process
- 16.4 Authors List of This Report
- 16.5 Data Source
- 16.5.1 Secondary Sources
- 16.5.2 Primary Sources
- 16.6 Disclaimer
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