Market Overview:
The global industrial water-cooled 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 chilled water from various end-use industries, such as chemical, medical, food & beverages, and others. In terms of type, the market is segmented into cool capacity 100RT segments.
Product Definition:
An industrial water-cooled chiller is a device that uses refrigeration to cool a fluid, typically water, for use in air conditioning or other process applications. The fluid flows through tubes that are cooled by the chiller's refrigeration system. This type of chiller is used in many industries, including manufacturing, food processing and power generation.
Cool Capacity
Cool Capacity >100RT:
The global market for industrial water-cooled chillers is expected to grow at a CAGR of XX% from 2017 to 2024. The growth can be attributed to the increasing demand for energy-efficient cooling solutions across various industries including food & beverages, chemicals, and pharmaceuticals. Cooling systems are an integral part of any industrial plant; they help in maintaining the temperature of processes and equipment at desired levels.
Application Insights:
The chemical segment dominated the global industry water-cooled chillers market in terms of revenue share in 2017. The demand for chiller is increasing in the chemical sector on account of growing petrochemical industries and need for continuous production facilities. In addition, stringent regulations regarding wastewater discharge from the manufacturing units are driving the demand for industrial water-cooled chillers to reduce environmental pollution.
The medical segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to an increase in healthcare spending and focus on disease prevention through regular checkups among other factors such as technological advancements and standardization efforts by governments across countries worldwide. Furthermore, rising awareness about diseases caused due to poor hygiene conditions is also driving people towards purchasing these machines globally which will positively impact industry growth over next few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of industries that are dependent on continuous production. These industries require industrial water-cooled chillers for their operations as it provides them with an opportunity to lower their energy consumption, thereby reducing operational costs. In addition, increasing population and rising living standards have resulted in growing demand for food products across this region, which has led to an increase in demand for food & beverages industry chiller systems as well.
The North America regional market accounted for more than 20% of global revenue share in 2017 owing to high product adoption by end-use industries such as chemical and petrochemical that are highly energy intensive due to high temperature fluctuations associated with natural gas or other fuels used during production processes (i.e., coke ovens).
Growth Factors:
- Increasing demand for chilled water in various industrial applications is driving the growth of the industrial water-cooled chiller market.
- The growing popularity of data centers and server rooms is also fueling the demand for industrial water-cooled chillers.
- Rapid urbanization and rising disposable incomes are leading to an increase in demand for air conditioning, which is further propelling the growth of this market.
- Stringent environmental regulations regarding energy consumption are encouraging companies to adopt more efficient cooling systems, thereby boosting the sales of industrial water-cooled chillers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Water-Cooled Chiller Market Research Report
By Type
Cool Capacity <=100RT, Cool Capacity >100RT
By Application
Chemical, Medical, Food & Beverages, Others
By Companies
Johnson Controls, Mitsubshi, Daikin, Trane (Ingersoll-Rand), Parker Hannifin, Dunham-Bush, Bosch, Dimplex Thermal Solutions, Orion Machinery, Legacy Chillers, Inc.
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Water-Cooled Chiller Market Report Segments:
The global Industrial Water-Cooled Chiller market is segmented on the basis of:
Types
Cool Capacity <=100RT, Cool Capacity >100RT
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
Chemical, Medical, Food & Beverages, Others
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:
- Johnson Controls
- Mitsubshi
- Daikin
- Trane (Ingersoll-Rand)
- Parker Hannifin
- Dunham-Bush
- Bosch
- Dimplex Thermal Solutions
- Orion Machinery
- Legacy Chillers, Inc.
Highlights of The Industrial Water-Cooled 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:
- Cool Capacity <=100RT
- Cool Capacity >100RT
- By Application:
- Chemical
- Medical
- Food & Beverages
- Others
- 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 Industrial Water-Cooled 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 industrial water-cooled chiller is a machine used to cool liquids or gases. It uses a large volume of cold water as the working fluid and is typically mounted on a chassis to allow for easy movement. The liquid or gas is circulated through the machine, where it is cooled by evaporation or contact with cold water.
Some of the major players in the industrial water-cooled chiller market are Johnson Controls, Mitsubshi, Daikin, Trane (Ingersoll-Rand), Parker Hannifin, Dunham-Bush, Bosch, Dimplex Thermal Solutions, Orion Machinery, Legacy Chillers, Inc..
The industrial water-cooled chiller market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Water-Cooled 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 Industrial Water-Cooled Chiller Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Water-Cooled 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 Industrial Water-Cooled 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 Industrial Water-Cooled Chiller Market Size & Forecast, 2018-2028
4.5.1 Industrial Water-Cooled Chiller Market Size and Y-o-Y Growth
4.5.2 Industrial Water-Cooled Chiller Market Absolute $ Opportunity
Chapter 5 Global Industrial Water-Cooled 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 Industrial Water-Cooled Chiller Market Size Forecast by Type
5.2.1 Cool Capacity <=100RT
5.2.2 Cool Capacity >100RT
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Water-Cooled 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 Industrial Water-Cooled Chiller Market Size Forecast by Applications
6.2.1 Chemical
6.2.2 Medical
6.2.3 Food & Beverages
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Water-Cooled 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 Industrial Water-Cooled 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 Industrial Water-Cooled Chiller Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Water-Cooled 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 Industrial Water-Cooled Chiller Market Size Forecast by Type
9.6.1 Cool Capacity <=100RT
9.6.2 Cool Capacity >100RT
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 Industrial Water-Cooled Chiller Market Size Forecast by Applications
9.10.1 Chemical
9.10.2 Medical
9.10.3 Food & Beverages
9.10.4 Others
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 Industrial Water-Cooled Chiller Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Water-Cooled 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 Industrial Water-Cooled Chiller Market Size Forecast by Type
10.6.1 Cool Capacity <=100RT
10.6.2 Cool Capacity >100RT
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 Industrial Water-Cooled Chiller Market Size Forecast by Applications
10.10.1 Chemical
10.10.2 Medical
10.10.3 Food & Beverages
10.10.4 Others
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 Industrial Water-Cooled Chiller Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Water-Cooled 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 Industrial Water-Cooled Chiller Market Size Forecast by Type
11.6.1 Cool Capacity <=100RT
11.6.2 Cool Capacity >100RT
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 Industrial Water-Cooled Chiller Market Size Forecast by Applications
11.10.1 Chemical
11.10.2 Medical
11.10.3 Food & Beverages
11.10.4 Others
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 Industrial Water-Cooled Chiller Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Water-Cooled 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 Industrial Water-Cooled Chiller Market Size Forecast by Type
12.6.1 Cool Capacity <=100RT
12.6.2 Cool Capacity >100RT
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 Industrial Water-Cooled Chiller Market Size Forecast by Applications
12.10.1 Chemical
12.10.2 Medical
12.10.3 Food & Beverages
12.10.4 Others
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) Industrial Water-Cooled Chiller Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Water-Cooled 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) Industrial Water-Cooled Chiller Market Size Forecast by Type
13.6.1 Cool Capacity <=100RT
13.6.2 Cool Capacity >100RT
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) Industrial Water-Cooled Chiller Market Size Forecast by Applications
13.10.1 Chemical
13.10.2 Medical
13.10.3 Food & Beverages
13.10.4 Others
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 Industrial Water-Cooled Chiller Market: Competitive Dashboard
14.2 Global Industrial Water-Cooled Chiller Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson Controls
14.3.2 Mitsubshi
14.3.3 Daikin
14.3.4 Trane (Ingersoll-Rand)
14.3.5 Parker Hannifin
14.3.6 Dunham-Bush
14.3.7 Bosch
14.3.8 Dimplex Thermal Solutions
14.3.9 Orion Machinery
14.3.10 Legacy Chillers, Inc.
