Turbo Chillers Market Predicted Analysis by 2026
Turbo chillers are heat source equipment primarily used for heat storage, air-conditioning, district heating & cooling and other applications. Since their development in 1970 significant developments have been made in their performance and refrigerants thereby increasing their adoption against similar chilling equipment. Availability of turbo chillers in large number of formats such as Air-cooled, water-cooled, split (with high efficiency remote air-cooled condensers), condensing units to suit all kinds application is primarily increasing their adoption in various commercial facilities.
Request Report for TOC @ https://www.persistencemarketresearch.com/toc/12064
Turbo Chillers Market Dynamics
Need for cooling in major industries such as chemical-plastic industry, pharmaceutical industry, and rubber industry is expected to increase the adoption of turbo chiller in near future.
Expanding information technology business across globe have also resulted into increase in the number of data center facilities, these facilities requires significant cooling for several data center equipment which can be better achieved with use of turbo chillers. Thus need for massive cooling facilities is supporting the growth of turbo chillers market. Moreover, approaching trends of smart city concept using centralize cooling systems based on chiller technology, is expected to drive global turbo chiller market over the forecast period.
Availability of similar technology equipment such as absorption chiller may decrease their adoption. However, low installation cost and less maintenance in comparison to absorption chillers offers some advantage towards increase in their adoption.
Some of the major trends identified in the global turbo chiller market are increasing adoption due to low energy consumption, use of HFO as a refrigerant, demand for compact chiller equipment, increasing demand from large retail & departmental stores and development in chiller capacity. Food & beverage industry has emerged to grow as one of the major adoption of turbo chillers primarily due to growing demand for readymade & frozen food products.
Turbo Chillers Market: Segmentationn
Global turbo chillers market can be segmented on the basis chiller type, component, end-user industry, and region.
On the basis of chiller type, global turbo chillers market can be segmented as:
Water-cooled turbo chiller
Air-cooled turbo chiller
Based on component, global turbo chillers market can be segmented into,
Capacity control device
On the basis of end-user industry, global turbo chiller market can be segmented,
Plastic & petro-chemical industry
Food & beverage industry
Turbo Chillers Market: Region-wise Outlook
Global turbo chiller market is expected to encounter significant growth during the forecast period. North America dominates the global turbo chiller market, followed by North America, Europe is the next major market for the turbo chillers. Asia Pacific is emerging market for the turbo chillers, and is anticipated to represent substantial growth during the forecast period, particularly in regions such as China and India. Japan is other significant region and expected to contribute major share in the global turbo chiller market.
Request to Sample of Report @ https://www.persistencemarketresearch.com/samples/12064
Turbo Chillers Market Participants
Some of the key players & service providers identified across turbo chillers market value chain are: KTurbo, Johnson Controls - Hitachi Air Conditioning, Aqua Cooling, Mitsubishi Heavy Industries Ltd, Airedale International Air Conditioning Ltd, Smardt Chillers Inc., Arctic Chiller Group among & Hyundai climate control co. ltd. Consulting for product maintenance and operation may create significant opportunity for major players to gain customer confidence and in turn increase their market share.
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Persistence Market Research
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Turbo Chillers Market Predicted Analysis by 2026 here
News-ID: 1022060 • Views: 190
More Releases from Persistence Market Research Pvt. Ltd
Global HPMC Capsules Market is expected to reach a Valuation of US$ 554.5 Mn Ove …
HPMC capsules are strictly non-toxic and qualify to be Kosher and Halal-certified, which is why their popularity has grown in several parts of the world. Moreover, these capsules can significantly boost the body metabolism by improving absorption and digestion of protein, fat and carbohydrates. HPMC capsules find their application in the preparation of non-animal based medicines and cosmetics & nutraceuticals products. Persistence Market Research (PMR) recently conducted a study
Vacuum Tissue Processor Technology Most Favored in the Global Tissue Processing …
Persistence Market Research has come up with a fact based analytical research study describing various aspects of the tissue processing systems market across the globe. The analysis on tissue processing systems has been systematically drafted in a new research publication titled “Tissue Processing Systems Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)”. This comprehensive research report focuses on various developments, trends, restraints, opportunities, drivers and challenges impacting revenue growth of
Endodontics Market Is Projected To Grow At A Moderate CAGR During The Period Of …
Endodontics is associated with the dentistry segment. It involves several therapies to protect the human teeth from infections and injuries caused to the dental pulp. Generally, it is concerned with morphology, pathology as well as physiology of dental pulp and the periradicular tissues. Endodontics is important during carrying out root canal procedure in order to reduce the inflammation and to end infection. Modernization has touched the field of endodontics as
Global Home Infusion Therapy Devices Market Driven by Growing Incidence of Pain, …
According to the latest market report published by Persistence Market Research titled ‘Home Infusion Therapy Devices Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025),’ the global Home Infusion Therapy Devices market is expected to expand at a CAGR of 6.8% during the forecast period 2017–2025. Persistence Market Research delivers key insights and presents a revised forecast of the global Home Infusion Therapy Devices market for an eight year period from
More Releases for Turbo
Turbo Actuator Market by 2025 Report Studied Focusing On Top Companies like Mits …
The global Turbo Actuator Market is explained in detail in this report, starting with a basic overview, which includes definitions and major and minor factors that influence this market. Further the report scrutinizes the several policies that regulate processes in this global market, specifically, the ones that are currently active, along with an analysis of the top news stories about the global industry. This report on Turbo Actuator Market also offers
Turbo Charged Engines to drive ACM demand?
About Polyacrylate Rubber (ACM) ACM is used in automotive applications such as hoses, seals, gaskets, dampers and constant velocity joints (CVJ). Other applications include electrical transmission seals, industrial hoses and adhesives. ACM is cost competitive rubber with slightly lower performance than its immediate competitor AEM (Ethylene Acrylate Elastomer). Hence, it can be used where the performance can be compromised to achieve better economy. Other high-end competitors include flouroelastomers (FKM and
Global Turbo Chillers Market
Turbo Chillers Market Introduction Initially CFC (chlorofluorocarbon) and HCFC (Hydrochlorofluorocarbons) were primarily used as a refrigerant for chilling applications leading to destruction of ozone layer. To address problems associated with destruction of ozone layer significant efforts are being made to minimize the use of CFC and HCFC as a future refrigerant. These efforts has led adoption of environmentally friendly refrigerant such as water, air, carbon dioxide, ammonia and propane as refrigerant.
Global Turbo-compressor Market
Turbo-compressors are primarily used for natural gas processing and transmission. Both, axial and centrifugal turbo-compressors are used in gas turbines for compression purposes. Innovations in products coupled with advancement in technology is expected to have a positive impact over the global turbo-compressor market. TOC of this report is available upon request @ www.persistencemarketresearch.com/toc/13066 Based on product type, the hydraulic turbo-compressor is expected to dominate the product type segment during the forecast period.
Global Turbo Expander Market Outlook 2016-2021
Global Turbo Expander Industry 2016 Market Size Share Growth Forecast Research and Development The Global Turbo Expander Industry report gives a comprehensive account of the Global Turbo Expander market. Details such as the size, key players, segmentation, SWOT analysis, most influential trends, and business environment of the market are mentioned in this report. Furthermore, this report features tables and figures that render a clear perspective of the Turbo Expander market. The
New Website for Voith Turbo Valvex Valves
Voith Turbo, the specialist in drives and hydraulic systems, has developed a completely new website to showcase the products from its explosion-protected valves division. The company has put great effort into ensuring that the products and system solutions are presented clearly. The website displays all key data at a glance, and detailed information and drawings can be found in brochures that are available as PDF downloads in up to six