Market Overview:
The global portable fluid chiller market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and cost-effective cooling solutions across various industries. Additionally, the growing demand for portable fluid chillers in emerging countries is also contributing to the growth of this market. On the basis of type, the global portable fluid chiller market can be segmented into water cooled, air cooled, and portable split systems. Of these, water cooled systems are expected to account for a major share of the global Portable Fluid Chiller Market duringthe forecast period owingto their high efficiency and low operating costs as compared to other types of systems. On th e basis o f application , t he g lobal p ortable f lucid c hiller m arket can be segmented into oil and gas, power generation, paper industry,, automotive industry,, steel industry,, plastic injection moulding,.and others . Owingto th eir wide applicability across various industries,.portable split systems are expected to witness high growth duringthe forecast period . In terms o f region,.t he g lobal p ortable flui d c hille r m arket can be divided into North America,.Latin America,.Europe., Asia Pacific.,and Middle East & Africa. Among these regions,.
Product Definition:
A portable fluid chiller is a device that is used to cool fluids. They are often used in industrial or commercial settings, where there is a need to keep fluids at a certain temperature. Portable fluid chillers can be either air-cooled or water-cooled, and they come in different sizes and capacities.
Water Cooled:
Water-cooled chiller is a closed system that uses water as the coolant and refrigerant. The refrigerant used is usually a mixture of water and CO2, but can be any other liquid/gas combination. In this process heat generated by the electrical components or from the equipment is passed to the cold water which then becomes ice and does notifying work of removing heat from equipment/components thus reducing temperature.
Air Cooled:
An air-cooled chiller is a heat exchanger which uses ambient air as the cooling medium. The fluid that is to be cooled does not contact with the metal surface of the device, instead it absorbs heat from the ambient air by convection or radiation. Air-cooled chiller can be used for both industrial and domestic purposes; they are most commonly used in portable refrigeration systems such as freezers, coolers, and ice boxes among others.
Application Insights:
The oil and gas industry was the largest application segment in 2017, accounting for over 30% of the market share. The global rise in shale gas production has led to an increased need for cooling fluids to be used across various stages of exploration and production. Portable fluid chillers are being increasingly deployed at drilling sites, wellheads, pipelines, processing facilities & terminals as they provide cost-effective cooling solutions with enhanced energy efficiency.
The power generation industry is also expected to witness significant growth over the forecast period owing to increasing demand from countries such as China and India for electricity generation from coal plants. In addition, growing concerns regarding greenhouse emissions have resulted in pressure on power producers around the world to reduce their carbon footprints by adopting cleaner sources of energy such as wind and solar rays. This is further anticipated to drive demand globally over next seven years or so till 2030.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for cooling products in countries, such as China and India. The region is home to several major industries, which require constant maintenance and optimization of their processes. This will lead the manufacturers/suppliers of portable fluid chillers in the region towards expansion or setting up new plants/factories, thereby driving the growth of this industry in Asia Pacific over the forecast period.
The Middle East & Africa was one among largest markets for these chiller units accounting for a revenue share of more than 15% in 2017 owing to high oil production coupled with power generation activities across countries like Saudi Arabia and UAE that consume large amounts of energy on a daily basis drives product demand within this region.
Growth Factors:
- Increasing demand for chilled water in various industrial and commercial applications is expected to drive the growth of the portable fluid chiller market.
- Growing popularity of data centers and server rooms is also anticipated to boost the demand for portable fluid chillers over the forecast period.
- Rising investments in research and development activities for energy-efficient technologies are likely to propel the growth of this market during the forecast period.
- The increasing use of portable fluid chillers in HVAC systems is another key factor that is expected to fuel market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Fluid Chiller Market Research Report
By Type
Water Cooled, Air Cooled, Portable, Split Systems
By Application
Oil and Gas, Power Generation, Paper Industry, Automotive Industry, Steel Industry, Plastic Injection and Moulding, Others
By Companies
Fluid Chillers, Thermonics, Advantage Engineering, Koolance, Mokon, Bemco, Cooling Technology, Berg Chilling Systems, G&D Chillers, BV Thermal Systems, Fluid Chillers
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
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Portable Fluid Chiller Market Report Segments:
The global Portable Fluid Chiller market is segmented on the basis of:
Types
Water Cooled, Air Cooled, Portable, Split Systems
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
Oil and Gas, Power Generation, Paper Industry, Automotive Industry, Steel Industry, Plastic Injection and Moulding, 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:
- Fluid Chillers
- Thermonics
- Advantage Engineering
- Koolance
- Mokon
- Bemco
- Cooling Technology
- Berg Chilling Systems
- G&D Chillers
- BV Thermal Systems
- Fluid Chillers
Highlights of The Portable Fluid 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:
- Water Cooled
- Air Cooled
- Portable
- Split Systems
- By Application:
- Oil and Gas
- Power Generation
- Paper Industry
- Automotive Industry
- Steel Industry
- Plastic Injection and Moulding
- 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 Portable Fluid 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A portable fluid cooler is a small, lightweight device that can be used to cool liquids or gases. It is typically powered by a battery or AC adapter and has an insulated carrying case.
Some of the key players operating in the portable fluid chiller market are Fluid Chillers, Thermonics, Advantage Engineering, Koolance, Mokon, Bemco, Cooling Technology, Berg Chilling Systems, G&D Chillers, BV Thermal Systems, Fluid Chillers.
The portable fluid 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 Portable Fluid 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 Portable Fluid Chiller Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Portable Fluid 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 Portable Fluid 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 Portable Fluid Chiller Market Size & Forecast, 2020-2028
4.5.1 Portable Fluid Chiller Market Size and Y-o-Y Growth
4.5.2 Portable Fluid Chiller Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Water Cooled
5.2.2 Air Cooled
5.2.3 Portable
5.2.4 Split Systems
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Oil and Gas
6.2.2 Power Generation
6.2.3 Paper Industry
6.2.4 Automotive Industry
6.2.5 Steel Industry
6.2.6 Plastic Injection and Moulding
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Portable Fluid 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 Portable Fluid 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Water Cooled
9.6.2 Air Cooled
9.6.3 Portable
9.6.4 Split Systems
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 Market Size Forecast by Applications
9.10.1 Oil and Gas
9.10.2 Power Generation
9.10.3 Paper Industry
9.10.4 Automotive Industry
9.10.5 Steel Industry
9.10.6 Plastic Injection and Moulding
9.10.7 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Water Cooled
10.6.2 Air Cooled
10.6.3 Portable
10.6.4 Split Systems
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 Market Size Forecast by Applications
10.10.1 Oil and Gas
10.10.2 Power Generation
10.10.3 Paper Industry
10.10.4 Automotive Industry
10.10.5 Steel Industry
10.10.6 Plastic Injection and Moulding
10.10.7 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Water Cooled
11.6.2 Air Cooled
11.6.3 Portable
11.6.4 Split Systems
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 Market Size Forecast by Applications
11.10.1 Oil and Gas
11.10.2 Power Generation
11.10.3 Paper Industry
11.10.4 Automotive Industry
11.10.5 Steel Industry
11.10.6 Plastic Injection and Moulding
11.10.7 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Water Cooled
12.6.2 Air Cooled
12.6.3 Portable
12.6.4 Split Systems
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 Market Size Forecast by Applications
12.10.1 Oil and Gas
12.10.2 Power Generation
12.10.3 Paper Industry
12.10.4 Automotive Industry
12.10.5 Steel Industry
12.10.6 Plastic Injection and Moulding
12.10.7 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Water Cooled
13.6.2 Air Cooled
13.6.3 Portable
13.6.4 Split Systems
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) Market Size Forecast by Applications
13.10.1 Oil and Gas
13.10.2 Power Generation
13.10.3 Paper Industry
13.10.4 Automotive Industry
13.10.5 Steel Industry
13.10.6 Plastic Injection and Moulding
13.10.7 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 Portable Fluid Chiller Market: Competitive Dashboard
14.2 Global Portable Fluid Chiller Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fluid Chillers
14.3.2 Thermonics
14.3.3 Advantage Engineering
14.3.4 Koolance
14.3.5 Mokon
14.3.6 Bemco
14.3.7 Cooling Technology
14.3.8 Berg Chilling Systems
14.3.9 G&D Chillers
14.3.10 BV Thermal Systems
14.3.11 Fluid Chillers
