Europe HVAC Chillers Industry estimated to grow at a CAGR of 4.6% from 2021 to 2028

The Europe HVAC chillers market is expected to grow from US$ 1,757.27 million in 2021 to US$ 2,404.48 million by 2028; it is estimated to grow at a CAGR of 4.6% from 2021 to 2028.

The HVAC chiller market in Europe is sub segmented into France, Germany, Russia, Italy, the UK, and the Rest of Europe. Western European countries are more developed and technologically advanced than Nordic and Eastern European countries. The market growth in the region is largely attributed to the growing demand for HVAC chillers in hotels, restaurants, food and beverages industry, office buildings and medical centers. The rising adoption of green building technologies is further expected to fuel the market growth in Europe. The green buildings are known to have energy-efficient operations, lower carbon footprints, and reduced environmental impact, which is encouraging residential and commercial developers, and governments to invest in this technology. Subsequently, the demand for HVAC systems is expected to increase with the rise in application of renewable energy for heating and ventilation of premises.

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The report offers in-depth assessment of the growth and other aspects of the Europe 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 Europe HVAC Chillers Market report:
AIREDALE INTERNATIONAL AIR CONDITIONING LTD.
Carrier Global Corporation
DAIKIN INDUSTRIES, Ltd.
Johnson Controls, Inc.
Kaltra
LG Electronics
Mitsubishi Electric Corporation
Trane

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The surge in demand for frozen food, increase in number of data centers, and high demand for district cooling, coupled with growing application areas of scroll chillers across the industrial sector, is further contributing to the HVAC chillers market growth in Europe. Furthermore, the rising consumption of wines in Europe such as Australian wines, growth in the number of grocery stores, and surge in food delivery services is expected to drive the growth of the HVAC chillers market in Europe. Continuous proliferation of the tourism industry in Europe also adds to the demand for district cooling systems such as HVAC chillers in new hotels and public infrastructure construction projects.

Major Key Points of Europe HVAC Chillers Market
• Europe HVAC Chillers Market Overview
• Europe HVAC Chillers Market Competition
• Europe HVAC Chillers Market, Revenue and Price Trend
• Europe HVAC Chillers Market Analysis by Application
• Company Profiles and Key Figures in Europe 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 Europe 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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