HVAC Chillers Market in North America Analysis and Forecast 2021-2028

North America HVAC Chillers Market was valued at US$ 2,135.28 million in 2021 and is projected to reach US$ 2,579.47 million by 2028 with 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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Top Key Players Listed in the North America HVAC Chillers Market 2020 - 2027 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.
Trane

In this report, the market has been segmented on the basis of:

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

The North America HVAC Chillers Market 2020 - 2027 Competitive Viewpoint:

This analysis is a useful resource for investors, shareholders, industry planners, and new and existing businesses trying to broaden their reach within the current Market situation. While focusing on top companies and their corporate strategies, market presence, operative segmentation, aggressive outlook, geographical growth, pricing and price structures, the study painstakingly takes into consideration the market analysis.

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• The latest developments within the North America HVAC Chillers market and details of the industry leaders alongside their market share and methods.
• It looks into vital developments like extensions, agreements, new product launches, and acquisitions on the horizon.
• Analysis the market's potential, preferred position, opportunity, difficulty, restrictions, and hazards on a world and regional level.

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