Market Overview:
The global air cooled screw chiller market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for air cooled screw chillers from various end-use industries, such as data centers, hospitals, transportation, commercial and others. Additionally, the growing awareness about energy efficiency and environmental concerns are also fueling the demand for air cooled screw chillers across the globe. Based on type, the global air cooled screw chiller market is segmented into electrodeless adjustment and sectional adjustment. The electrodeless adjustment segment is projected to grow at a higher CAGR during the forecast period owing to its advantages over other types of adjustments such as Sectional Adjustment Screw Chiller (SASC).
Product Definition:
An air cooled screw chiller is a type of industrial refrigeration system that uses a compressor to circulate chilled water through coils in order to cool or freeze objects. Air cooled screw chillers are often used in factories and other large-scale commercial settings where large amounts of cooling are required.
Electrodeless Adjustment:
Electrodeless adjustment is a technique where the speed of the screw chiller is controlled by an electric motor without any need for direct current (DC) power supply to it. The system works on the principle that as heat rises, so does its rate of cooling. In conventional systems, a mechanical device is used to transfer heat from one place to another; in electrodeless systems, there's no such mechanism involved and hence it's called electrodeless.
Sectional Adjustment:
Sectional adjustment is a process of fine-tuning the cooling capacity of refrigeration systems by changing the position of sections in relation to each other. It allows more heat transfer from one section to another than if all were placed at uniform distances apart.
It also reduces the overall size and cost while improving performance and reliability, especially for smaller applications where space is an issue.
Application Insights:
The data center application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing demand for high-performance air cooled screw chillers in data centers on account of their ability to provide sufficient cooling capacity is expected to drive the product demand over the coming years.
The commercial application segment was valued at USD 281.0 million in 2017 and is anticipated to witness significant growth owing to increasing construction activities across commercial buildings, offices, shopping malls and hotels around the globe.
Regional Analysis:
North America dominated the global air cooled screw chiller market in 2017. The growth is majorly attributed to the presence of large data centers, which require high-quality cooling systems for proper functioning. In addition, growing demand for cloud based services and increasing penetration of IT companies are expected to drive the regional market over the forecast period.
Asia Pacific is expected to witness significant growth over the next eight years owing to rapid development in commercial and residential sectors along with expansion of industrial sector due to low labor cost and easy availability of resources such as water & power.
Europe also held a considerable share in this market owing to presence several manufacturing facilities along with data centers that need constant maintenance and cooling system installation activities during peak hours/working days.
Growth Factors:
- Increasing demand for air cooled screw chillers from the HVAC industry as a result of growing construction and infrastructure activities across the globe.
- Rising popularity of air cooled screw chillers in various industrial applications such as food and beverage, oil and gas, metal fabrication, etc., due to their high efficiency and low operating costs.
- Growing demand for energy-efficient cooling solutions in data centers, hospitals, pharmaceuticals industries, etc., which is expected to boost the adoption of air cooled screw chillers over the next few years.
- Technological advancements in air cooled screw chiller design and manufacturing that are resulting in improved performance and lower power consumption levels compared to traditional chilling systems.
Scope Of The Report
Report Attributes
Report Details
Report Title
Air Cooled Screw Chiller Market Research Report
By Type
Electrodeless Adjustment, Sectional Adjustment
By Application
Data Center, Hospital, Transportation, Commercial, Other
By Companies
McQuay International, Johnson Controls, LG, Carrier, Trane, Dunham-bush, Climaveneta, Haier, Kingair, McQuay International
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Air Cooled Screw Chiller Market Report Segments:
The global Air Cooled Screw Chiller market is segmented on the basis of:
Types
Electrodeless Adjustment, Sectional Adjustment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Data Center, Hospital, Transportation, Commercial, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- McQuay International
- Johnson Controls
- LG
- Carrier
- Trane
- Dunham-bush
- Climaveneta
- Haier
- Kingair
- McQuay International
Highlights of The Air Cooled Screw Chiller Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electrodeless Adjustment
- Sectional Adjustment
- By Application:
- Data Center
- Hospital
- Transportation
- Commercial
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Air Cooled Screw Chiller Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An air cooled screw chiller is a type of refrigeration equipment that uses compressed air to cool objects. The compressor extracts heat from the object being cooled and then releases it into the atmosphere. This process allows the chiller to operate at lower temperatures than traditional ice machines, which can result in greater energy efficiency.
Some of the major companies in the air cooled screw chiller market are McQuay International, Johnson Controls, LG, Carrier, Trane, Dunham-bush, Climaveneta, Haier, Kingair, McQuay International.
The air cooled screw chiller market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Air Cooled Screw Chiller Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Air Cooled Screw Chiller Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Air Cooled Screw Chiller Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Air Cooled Screw Chiller Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Air Cooled Screw Chiller Market Size & Forecast, 2018-2028
4.5.1 Air Cooled Screw Chiller Market Size and Y-o-Y Growth
4.5.2 Air Cooled Screw Chiller Market Absolute $ Opportunity
Chapter 5 Global Air Cooled Screw Chiller Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Air Cooled Screw Chiller Market Size Forecast by Type
5.2.1 Electrodeless Adjustment
5.2.2 Sectional Adjustment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Air Cooled Screw Chiller Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Air Cooled Screw Chiller Market Size Forecast by Applications
6.2.1 Data Center
6.2.2 Hospital
6.2.3 Transportation
6.2.4 Commercial
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Air Cooled Screw Chiller Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Air Cooled Screw Chiller Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Air Cooled Screw Chiller Analysis and Forecast
9.1 Introduction
9.2 North America Air Cooled Screw Chiller Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Air Cooled Screw Chiller Market Size Forecast by Type
9.6.1 Electrodeless Adjustment
9.6.2 Sectional Adjustment
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Air Cooled Screw Chiller Market Size Forecast by Applications
9.10.1 Data Center
9.10.2 Hospital
9.10.3 Transportation
9.10.4 Commercial
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Air Cooled Screw Chiller Analysis and Forecast
10.1 Introduction
10.2 Europe Air Cooled Screw Chiller Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Air Cooled Screw Chiller Market Size Forecast by Type
10.6.1 Electrodeless Adjustment
10.6.2 Sectional Adjustment
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Air Cooled Screw Chiller Market Size Forecast by Applications
10.10.1 Data Center
10.10.2 Hospital
10.10.3 Transportation
10.10.4 Commercial
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Air Cooled Screw Chiller Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Air Cooled Screw Chiller Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Air Cooled Screw Chiller Market Size Forecast by Type
11.6.1 Electrodeless Adjustment
11.6.2 Sectional Adjustment
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Air Cooled Screw Chiller Market Size Forecast by Applications
11.10.1 Data Center
11.10.2 Hospital
11.10.3 Transportation
11.10.4 Commercial
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Air Cooled Screw Chiller Analysis and Forecast
12.1 Introduction
12.2 Latin America Air Cooled Screw Chiller Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Air Cooled Screw Chiller Market Size Forecast by Type
12.6.1 Electrodeless Adjustment
12.6.2 Sectional Adjustment
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Air Cooled Screw Chiller Market Size Forecast by Applications
12.10.1 Data Center
12.10.2 Hospital
12.10.3 Transportation
12.10.4 Commercial
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Air Cooled Screw Chiller Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Air Cooled Screw Chiller Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Air Cooled Screw Chiller Market Size Forecast by Type
13.6.1 Electrodeless Adjustment
13.6.2 Sectional Adjustment
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Air Cooled Screw Chiller Market Size Forecast by Applications
13.10.1 Data Center
13.10.2 Hospital
13.10.3 Transportation
13.10.4 Commercial
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Air Cooled Screw Chiller Market: Competitive Dashboard
14.2 Global Air Cooled Screw Chiller Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 McQuay International
14.3.2 Johnson Controls
14.3.3 LG
14.3.4 Carrier
14.3.5 Trane
14.3.6 Dunham-bush
14.3.7 Climaveneta
14.3.8 Haier
14.3.9 Kingair
14.3.10 McQuay International
