Press release
Modular Chiller Market is Expected to Reach $3,698.0 Million by 2027
Modular Chiller Market
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The global modular chiller market size was $2.7 billion in 2019, and is projected to reach $3.7 billion by 2027, registering a CAGR of 6.2% from 2020 to 2027.
An increase demand for compact, energy efficient, and small heating, ventilation, and air conditioning systems to control room atmosphere is anticipated to stimulate the growth of the modular chiller industry. In addition, increase in construction spending in emerging countries such as India, China, Brazil, and others is anticipated to fuel the growth of the modular chiller market.
Key Market Players
Johnson Controls International Inc
Raytheon Technologies (Carrier Corporation)
Ingersoll-Rand Plc (Trane Technologies Plc)
Daikin Industries Ltd (McQuay Air-Conditioning Ltd)
Mitsubishi Electric Corporation
LG Electronics
Midea Group Co. Ltd
Gree Electric Appliances Inc of Zhuhai
Frigel Firenze S.p.A.
Multistack LLC.
Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging modular chiller market trends and dynamics.
In-depth analysis of the market is conducted by estimations for the key segments between 2019 and 2027.
Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
The global modular chiller market forecast analysis from 2020 to 2027 is included in the report.
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Key Market Segments
By Product Type
Air Cooled Modular Chiller
Water Cooled Modular Chiller
By Capacity
Below 300 Tons
More than 300 Tons
By Application
Residential
Commercial
Industrial
By Region
North America
Europe
Asia-Pacific
LAMEA
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