Press release
Global Chillers Market Growing at (CAGR) of 5.2% for 2025-2031, Trane, Hitachi, Carrier, Mitsubshi
Global Chillers Market Growing at (CAGR) of 5.2% for 2025-2031
Key Highlights
Current and Forecasted Market Size:
The global chillers market stood at USD 11.72 billion in 2024, with forecasts indicating a rise to USD 16.71 billion by 2031, demonstrating a healthy CAGR of 5.2%
Industry Coverage - The 130+ pages report, updated in April 2025, covers:
- Market segmentation by type (e.g., 0°C to -29°C, -30°C to -49°C etc),
- Applications (industrial, commercial, etc.),
- Sales channels (direct vs. distribution),
- Regional analysis,
- Profiles of leading players like Trane, Carrier, Johnson Controls - Hitachi, Mitsubishi, Daikin, LG Electronics, Bosch, and more
Get Sample of Report: https://marketsglob.com/request-sample/?id=1308/
Strategic Insights & Market Drivers:
The trends underscore the growing demand for energy-efficient cooling solutions across commercial, industrial, and data center sectors. Key driving factors include:
- Rapid urbanization and expanded infrastructure development,
- Surge in data center and IT build-outs,
- Regulatory pressure and market preference for low-GWP refrigerants,
- Emergence of variable-speed compressors and smart, eco-friendly chillers
About the Report
Title: Global Chillers Market - Industry Analysis by Player, Region, Type, Application and Sales Channel, Forecast
Coverage:
- Global market segmentation, regional outlook, and competitive landscape
- Analysis includes impacts from COVID-19 and geopolitical events
Strategic Utility:
- Ideal for stakeholders in HVAC, manufacturing, energy, and engineering sectors
- Informs market entry, investment decisions, and product development strategies
Check In-Detail Table of Content: https://marketsglob.com/report/chillers-market/1308/
Detail Segmentation
Products Segment Analysis
• 0°C to -29°C
• -30°C to -49°C
• -50°C to -99°C
• -100°C or less
• Others
Applications Segment Analysis
• Commercial
• Industrial
Sales Channel Segment Analysis
• Direct Channel
• Distribution Channel
Market segment by Region/Country including:
• North America (United States, Canada, Mexico)
• Europe (Germany, United Kingdom, France, Italy, Russia, Spain, Benelux, Poland, Austria, Portugal, Rest of Europe)
• Asia-Pacific (China, Japan, Korea, India, Southeast Asia, Australia, Taiwan, Rest of Asia Pacific)
• South America (Brazil, Argentina, Colombia, Chile, Peru, Venezuela, Rest of South America)
• Middle East & Africa (UAE, Saudi Arabia, South Africa, Egypt, Nigeria, Rest of Middle East & Africa)
Key Players
• Trane
• Johnson Controls - Hitachi
• Carrier
• Mitsubshi
• LG Electronics
• Daikin
• DunAn
• Dunham-Bush
• TICA
• Bosch
• Ebara
• Smardt Chiller Group
• Parker Hannifin
• Dimplex Thermal Solutions
• Others
Check the report in detail: https://marketsglob.com/report/chillers-market/1308/
Why This Report Matters
• Business Strategy: Reveals where demand is headed and growth hotspots by region and sector.
• Competitive Insight: Identifies leading players and market positioning.
• Forecast Confidence: Comprehensive modeling of future trends offers clarity for long-term planning.
Contact Us
Jaysn S.
Corporate Sales Specialist
Email: sales@marketsglob.com
Phone: +1 (210) 807 3402
About us
MarketsGlob is a leading global market research firm that providing expert research solutions, trusted by the industry best. Our extensive research reports cover detailed market assessments that include major technological improvements in the industry. MarketsGlob also specializes in analyzing hi-tech systems and current processing systems in its expertise. We have a team of experts that compile precise research reports and actively advise top companies to improve their existing processes. Our experts have extensive experience in the topics that they cover.
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