The Future of North America HVAC Chillers Industry Is Here | Analysis By Top Players: Trane , Thermal Care, Kaltra, Carrier Global Corporation

The North America HVAC chillers market is expected to grow from US$ 2,135.28 million in 2021 to US$ 2,579.47 million by 2028; it is estimated to grow at a CAGR of 2.7% from 2021 to 2028.

The HVAC chiller market in North America is further segmented into the US, Canada, and Mexico. Growing urbanization and ongoing economic growth have resulted in increased construction of hospitals, offices, large retails, and theaters. Governments of North American countries are encouraging the development of smart cities and expansion of airport facilities. Thus, increasing construction activities and smart city projects, and rising tourism industry are boosting the demand for HVAC chillers in the residential, industrial, and commercial sectors across the region. The US Department of Energy (DOE) is heavily investing in the improvement of energy efficiency standards throughout the country. The DOE's mission is to ensure the security and prosperity of the US by addressing its environmental, energy, and nuclear challenges through transformative science and technology solutions. With the growing preference for adopting energy-efficiency standards, the adoption of modular chillers is also on rise in the country due to their low environmental impact. Further, continuous advancements in machine learning and the IoT are propelling the deployment of modular chillers in residential projects.

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The report offers in-depth assessment of the growth and other aspects of the North America HVAC Chillers Market in important regions. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2022 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.

Major key players covered in this North America HVAC Chillers Market report:
A few major primary and secondary sources referred to for preparing this report on the North America HVAC chillers market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are AIREDALE INTERNATIONAL AIR CONDITIONING LTD.; Carrier Global Corporation; DAIKIN INDUSTRIES, Ltd.; Johnson Controls, Inc.; Kaltra; LG Electronics; Mitsubishi Electric Corporation; Thermal Care, Inc.; and Trane.

North America HVAC Chillers Market Segmentation

North America HVAC Chillers Market - By
Technology:
Air-Cooled
Water-Cooled
Steam-Fired

North America HVAC Chillers Market - By Type:
Process Chillers
Scroll Chillers
Screw Chillers
Centrifugal Chillers
Absorption Chillers

North America HVAC Chillers Market - By Application:
Industrial
Commercial
Residential

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North America HVAC Chillers Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, during the forecast period of 2022 to 2030.

Major Key Points of North America HVAC Chillers Market
• North America HVAC Chillers Market Overview
• North America HVAC Chillers Market Competition
• North America HVAC Chillers Market, Revenue and Price Trend
• North America HVAC Chillers Market Analysis by Application
• Company Profiles and Key Figures in North America HVAC Chillers Market
• Market Dynamics
• Methodology and Data Source

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Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position is explained to help make a well informed decision. Competitive landscape North America HVAC Chillers Market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.

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