Profile image
Story Views

Last Hour:
Last 24 Hours:

2017 Forecast – Chillers Global Market, Industry Size, Share, Analysis and Opportunities to 2023

Tuesday, March 14, 2017 3:39
% of readers think this story is Fact. Add your two cents.

Latest industry research report on Chillers Market. Chillers are complex machines or refrigeration systems that cool fluids or dehumidify air in both commercial and industrial systems. In other words, they remove heat via vapor compression or absorption refrigeration cycle. Chillers are expensive and consume a lot of energy so smart operating and well-maintenance is required for significant energy savings. It is commonly used for air conditioning of buildings, medical equipment, equipment/raw materials/fluid stream in industrial applications, and food & beverages in residential/commercial applications. Growing demand for chillers in wide array of industries is expected to drive the demand in the coming years.

Get Free Sample Report Of Chillers Market @

At present scenario, Asia-Pacific is the largest market for chillers and this trend is expected to continue in the forecast period. The global chillers market is expected to register substantial growth in the near future, attributed to increased environmental disturbances resulting in climate change and global warming. Other factors that are driving the demand for chillers are increasing need for cooling equipment in industries, increasing consumption of frozen food, etc. However, factors such as high costs, stringent regulations by government bodies to control emission of CFCs (chlorofluorocarbons) & HCFCs (hydro chlorofluorocarbons) in the environment as it harms ozone layer, rising electricity costs etc., are likely to restrain the market growth in the coming years.

Do Inquiry To Buy Report Of Chillers Market @

Development of eco-friendly (CFC & HCFC free) product which consumes less energy is likely to provide substantial opportunity in the global market place.

Major companies are expanding their capacity to meet the growing demand in the industry, for instance, in June, 2016 Trane Inc. expanded the capacity for its centrifugal chiller line to serve US and Canada. Recent trend shows that a plastic segment is the largest end-user industry in the chillers market.

The report segments the chillers market on the basis of types, end-user, and geography.

By Types

  • Screw
  • Scroll
  • Centrifugal
  • Absorption
  • Reciprocating

By Application

  • Plastics
  • Chemicals & Petrochemicals
  • Food & Beverages
  • Medical & Pharmaceutical
  • Rubber
  • Others

By Geography

North America

  • U.S.
  • Canada
  • Mexico


  • Germany
  • U.K.
  • France
  • Others


  • Japan
  • China
  • India
  • Others


  • Brazil
  • South Africa
  • UAE
  • Others

About Market research Store

Market Research Store is a single destination for all the industry, company and country reports. We feature large repository of latest industry reports, leading and niche company profiles, and market statistics released by reputed private publishers and public organizations. Market Research Store is the comprehensive collection of market intelligence products and services available on air. We have market research reports from number of leading publishers and update our collection daily to provide our clients with the instant online access to our database. With access to this database, our clients will be able to benefit from expert insights on global industries, products, and market trends.

Contact Us:

Joel John
3422 SW 15 Street, Suit #8138,
Deerfield Beach, Florida 33442, USA
USA Tel: +1-386-310-3803
GMT Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global


Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.