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Chillers Market Predicted By Top Players Like Trane, Thermax Limited, Smardt Chiller Group, Johnson Controls, Dunham Bush, Airedale Air Conditioning

Press release   •   Sep 19, 2019 11:39 IST

Chillers Market

Growing demand for process cooling and cost-effective refrigeration system will propel the demand growth for the chillers market. Furthermore, the emergence of solar cooling will increase the demand significantly for the chillers in the market. Predominantly, the adverse environmental effect such as the depletion of the ozone layer, global warming issues may hamper the chillers market. However, increasing consumption of frozen foods will suffice the requirements to open up new opportunities for chillers market.

Rooftop chillers often cooled by the air and basement chillers usually cooled by the water. Different types of chillers; like scroll, screw, centrifugal and others, are being used as per the required effects. Chillers are applied in various industries such as plastics, food & beverage, chemicals & petrochemicals and others. Chillers provide controlled cooling, which creates essential conditions for the processing of products and materials.

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The chillers market is segmented on the basis of type, end-user industry. On the basis of type, the chillers market is segmented into, screw chiller, scroll chiller, centrifugal chiller, absorption chiller, reciprocating Chiller. On the basis of end-user industry, the chillers market is segmented into, chemicals & petrochemicals, food & beverages, plastics, rubber, medical, others.

Below mentioned is the list of few companies engaged in the chillers market.

Airedale Air Conditioning, Carrier Corporation, Daikin Industries, Dunham Bush, GEA Group, Johnson Controls, Hitachi Air Conditioning, Midea Group Co., Ltd., Smardt Chiller Group, Thermax Limited, Trane.

Chillers Market is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

Chillers Market - Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/ position of top 5 key vendors.

Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2027.

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