Press release
Expansion of Turbo Chillers Market to Remain Consistent During 2016 - 2026
Need for cooling in major industries such as chemical-plastic industry, pharmaceutical industry, and rubber industry is expected to increase the adoption of turbo chiller in near future.
Expanding information technology business across globe have also resulted into increase in the number of data center facilities, these facilities requires significant cooling for several data center equipment which can be better achieved with use of turbo chillers. Thus need for massive cooling facilities is supporting the growth of turbo chillers market. Moreover, approaching trends of smart city concept using centralize cooling systems based on chiller technology, is expected to drive global turbo chiller market over the forecast period.
Availability of similar technology equipment such as absorption chiller may decrease their adoption. However, low installation cost and less maintenance in comparison to absorption chillers offers some advantage towards increase in their adoption.
Some of the major trends identified in the global turbo chiller market are increasing adoption due to low energy consumption, use of HFO as a refrigerant, demand for compact chiller equipment, increasing demand from large retail & departmental stores and development in chiller capacity. Food & beverage industry has emerged to grow as one of the major adoption of turbo chillers primarily due to growing demand for readymade & frozen food products.
Turbo Chillers Market: Region-wise Outlook
Global turbo chiller market is expected to encounter significant growth during the forecast period. North America dominates the global turbo chiller market, followed by North America, Europe is the next major market for the turbo chillers. Asia Pacific is emerging market for the turbo chillers, and is anticipated to represent substantial growth during the forecast period, particularly in regions such as China and India. Japan is other significant region and expected to contribute major share in the global turbo chiller market.
Request for more detailed information :https://www.persistencemarketresearch.com/samples/12064
Turbo Chillers Market Participants
Some of the key players & service providers identified across turbo chillers market value chain are: KTurbo, Johnson Controls - Hitachi Air Conditioning, Aqua Cooling, Mitsubishi Heavy Industries Ltd, Airedale International Air Conditioning Ltd, Smardt Chillers Inc., Arctic Chiller Group among & Hyundai climate control co. ltd. Consulting for product maintenance and operation may create significant opportunity for major players to gain customer confidence and in turn increase their market share.
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Expansion of Turbo Chillers Market to Remain Consistent During 2016 - 2026 here
News-ID: 688882 • Views: …
More Releases from Persistence Market Research
Off-Highway Radiators Market to Reach US$ 7.2 Bn by 2033 as Leading Players Like …
The off-highway radiators market plays a vital role in ensuring efficient thermal management in heavy-duty equipment used across construction, agriculture, mining, and forestry sectors. These radiators regulate engine temperatures, prevent overheating, and support consistent equipment performance under extreme operating conditions. Growing mechanization and the expansion of infrastructure projects worldwide are increasing reliance on durable cooling systems. Equipment manufacturers are prioritizing high-performance radiators that offer reliability, longer service life, and resistance…
ODM and EMS Wi-Fi Devices Market to Reach US$ 40.8 Billion by 2033 at 15.6% CAGR
The global ODM and EMS Wi-Fi devices market is projected to be valued at US$ 14.8 billion in 2026 and is forecast to surge to US$ 40.8 billion by 2033, registering a robust CAGR of 15.6% between 2026 and 2033. This rapid growth reflects the accelerating demand for advanced wireless connectivity solutions across residential, enterprise, and industrial environments. The expansion of 5G infrastructure, enterprise digital transformation strategies, and large-scale IoT…
Zink Printing Market to Reach US$ 2,126.0 Million by 2033 at 3.9% CAGR
Zink Printing Market Size and Trends Analysis
The global Zink printing market is projected to be valued at US$ 1,626.5 million in 2026 and is expected to reach US$ 2,126.0 million by 2033, expanding at a CAGR of 3.9% between 2026 and 2033. Zink (Zero Ink) printing technology eliminates the need for ink cartridges by using heat-activated color crystals embedded within specialized paper. This innovation has positioned Zink printers as a…
Indium Phosphide Market to Reach US$ 8.7 Billion by 2033 at 5.5% CAGR
The global Indium Phosphide (InP) market is poised for steady expansion, with its valuation expected to reach US$ 6.0 billion by 2026 and further grow to US$ 8.7 billion by 2033, registering a CAGR of 5.5% between 2026 and 2033. Indium phosphide, a high-performance compound semiconductor material, is widely used in optoelectronics, high-frequency electronics, and photonic integrated circuits (PICs). The market growth is largely fueled by the accelerating deployment of…
More Releases for Chiller
Chiller Portable AC Reviews: Do Not Buy Chiller Portable Ac Until You Read This!
Chiller Portable AC is an innovative and groundbreaking technology that is set to revolutionize the way we experience and enjoy chilling beverages. Developed by a team of brilliant engineers and designers, Chiller Portable AC combines cutting-edge features and advanced cooling techniques to provide an unparalleled chilling experience.
With Chiller Portable AC, chilling your favorite beverages becomes faster, more efficient, and more convenient than ever before. This next-generation chilling system boasts state-of-the-art…
Chiller Portable Ac Reddit Reviews - Is Chiller Portable AC legit? Read Chiller …
With the scorching heat of summer just around the corner, finding effective ways to stay cool is of paramount importance. While traditional fans can provide some relief, they might not be sufficient when temperatures rise above 30ºC. That's where portable air conditioners come into play, and one affordable option that stands out is the Chiller Portable AC.
Unlike ordinary electric coolers or fans, the Chiller Portable AC takes cooling technology to…
Aquarium Chiller Market study on Aquarium Chiller to boost the revenue over the …
The report presented here prepares market players to achieve consistent success while effectively dealing with unique challenges in the global Aquarium Chiller market. The analysts and researchers authoring the report have taken into consideration multiple factors predicted to positively and negatively impact the global Aquarium Chiller market. The report includes SWOT and PESTLE analyses to provide a deeper understanding of the global Aquarium Chiller market. All of the leading companies…
Chillers Market with Current Trends Analysis, 2018 to 2028(Chillers market can b …
Fast pace of modern lifestyle has induced significant transitions apropos of eating habits. Consumers are more inclined toward frozen foods, given its convenience in carrying and cooking. That said, efficient freezing activity is essential in order to avoid microbe penetration in food products. This has led to the use of chillers in the frozen food space, which is a key growth propeller for chillers market.
In…
Research Report and Overview on Chillers Market,2018 to 2028(On the basis of Com …
Fast pace of modern lifestyle has induced significant transitions apropos of eating habits. Consumers are more inclined toward frozen foods, given its convenience in carrying and cooking. That said, efficient freezing activity is essential in order to avoid microbe penetration in food products. This has led to the use of chillers in the frozen food space, which is a key growth propeller for chillers market.
In…
Chillers Market Expected to Deliver Dynamic Progression until 2028(On the basis …
Fast pace of modern lifestyle has induced significant transitions apropos of eating habits. Consumers are more inclined toward frozen foods, given its convenience in carrying and cooking. That said, efficient freezing activity is essential in order to avoid microbe penetration in food products. This has led to the use of chillers in the frozen food space, which is a key growth propeller for chillers market.
In…
