Market Overview:
The global screw water chiller market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for screw water chillers in commercial and industrial applications across the globe. In terms of type, the less than 200 tons segment is expected to dominate the global screw water chiller market during the forecast period, followed by 200-500 tons and more than 500 tons segments. In terms of application, commercial segment is projected to hold a major share of the global screw water chiller market during 2018-2030.
Product Definition:
A screw water chiller is a type of industrial water chiller that uses a screw compressor to compress refrigerant and produce chilled water. Screw water chillers are important for many industrial applications because they can provide cooled air or chilled water at high volumes and low costs.
Less than 200tons:
The global less than 200tons, it's usage and growth factor in screw water chiller market size was valued at USD 1.5 billion in 2016. The growing demand for energy-efficient systems is expected to be a key driving factor for the market over the forecast period. In addition, rising awareness regarding sustainable development coupled with stringent regulations aimed at reducing Greenhouse Gas (GHG) emissions is likely to propel product demand over the next seven years.
200-500 tons:
200-500 tons is the range of capacity for water chillers. It’s used to coolant in air conditioning and refrigeration systems. 200 to 500 tons is a common capacity range for water chillers as they are designed to fit into small spaces, like homes and apartments. They can also be used in commercial applications like restaurants, hotels or stores where there's not enough space for an air conditioner but still need cooling during hot temperatures.
Application Insights:
The commercial application segment held the largest share of more than 70.0% in 2017. The growing construction and infrastructure sector across the globe is expected to be a key factor for product demand in this segment over the forecast period. Commercial applications include food & beverage, chemical, petrochemical, pharmaceuticals industries among others. These industries require large volumes of water cooling equipment as it helps maintain production lines at optimal temperatures without compromising with quality or safety standards.
Industrial applications are projected to witness significant growth over the forecast period owing to rising demand from oil & gas refineries and chemical plants among others sectors such as pharmaceuticals and food processing industry which requires large volume of chilled water for their operations efficiently.
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 still using traditional systems for water treatment. However, increasing awareness regarding employee health and safety along with stringent government regulations are expected to drive demand for sanitary ware in industrial applications such as food processing units, pharmaceuticals & chemicals plants, etc.
The growing population coupled with rapid urbanization has resulted in increased demand from residential sector which includes domestic application such as homes and restaurants. Increasing disposable income especially after economic reforms in China & India is anticipated to boost commercial construction including shopping malls which will further propel product adoption across emerging economies of Asia Pacific region.
Growth Factors:
- Increasing demand for Screw Water Chiller in the commercial sector as a result of growing awareness about energy efficiency and its benefits
- Rising demand for Screw Water Chiller from small-scale industries due to the increasing adoption of screw chillers over traditional water chillers
- Growing popularity of screw water chiller among large-scale industries due to its high performance and reliability
- Increasing investments in research and development activities by key players to develop new technologies and products that can cater to the needs of different industrial sectors
- Proliferation of online retail platforms that offer a wide range of screw water chillers at competitive prices, thus helping end users make informed purchase decisions
Scope Of The Report
Report Attributes
Report Details
Report Title
Screw Water Chiller Market Research Report
By Type
Less than 200tons, 200-500 tons, More than 500tons
By Application
Commercial, Industrial
By Companies
Trane (Ingersoll-Rand), Johnson Controls-Hitachi, Carrier, Mitsubshi, LG Electronics, Daikin, DunAn, Dunham-Bush, TICA
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
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Screw Water Chiller Market Report Segments:
The global Screw Water Chiller market is segmented on the basis of:
Types
Less than 200tons, 200-500 tons, More than 500tons
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
Commercial, Industrial
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:
- Trane (Ingersoll-Rand)
- Johnson Controls-Hitachi
- Carrier
- Mitsubshi
- LG Electronics
- Daikin
- DunAn
- Dunham-Bush
- TICA
Highlights of The Screw Water 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:
- Less than 200tons
- 200-500 tons
- More than 500tons
- By Application:
- Commercial
- Industrial
- 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 Screw Water 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 screw water chiller is a type of water cooler that uses screws to circulate the cold water. This type of cooler is often more affordable than other types, and it's also easier to clean.
Some of the major players in the screw water chiller market are Trane (Ingersoll-Rand), Johnson Controls-Hitachi, Carrier, Mitsubshi, LG Electronics, Daikin, DunAn, Dunham-Bush, TICA.
The screw water 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 Screw Water 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 Screw Water Chiller Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Screw Water 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 Screw Water 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 Screw Water Chiller Market Size & Forecast, 2018-2028
4.5.1 Screw Water Chiller Market Size and Y-o-Y Growth
4.5.2 Screw Water Chiller Market Absolute $ Opportunity
Chapter 5 Global Screw Water 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 Screw Water Chiller Market Size Forecast by Type
5.2.1 Less than 200tons
5.2.2 200-500 tons
5.2.3 More than 500tons
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Screw Water 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 Screw Water Chiller Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Screw Water 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 Screw Water 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 Screw Water Chiller Analysis and Forecast
9.1 Introduction
9.2 North America Screw Water 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 Screw Water Chiller Market Size Forecast by Type
9.6.1 Less than 200tons
9.6.2 200-500 tons
9.6.3 More than 500tons
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 Screw Water Chiller Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Industrial
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 Screw Water Chiller Analysis and Forecast
10.1 Introduction
10.2 Europe Screw Water 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 Screw Water Chiller Market Size Forecast by Type
10.6.1 Less than 200tons
10.6.2 200-500 tons
10.6.3 More than 500tons
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 Screw Water Chiller Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Industrial
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 Screw Water Chiller Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Screw Water 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 Screw Water Chiller Market Size Forecast by Type
11.6.1 Less than 200tons
11.6.2 200-500 tons
11.6.3 More than 500tons
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 Screw Water Chiller Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Industrial
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 Screw Water Chiller Analysis and Forecast
12.1 Introduction
12.2 Latin America Screw Water 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 Screw Water Chiller Market Size Forecast by Type
12.6.1 Less than 200tons
12.6.2 200-500 tons
12.6.3 More than 500tons
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 Screw Water Chiller Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Industrial
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) Screw Water Chiller Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Screw Water 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) Screw Water Chiller Market Size Forecast by Type
13.6.1 Less than 200tons
13.6.2 200-500 tons
13.6.3 More than 500tons
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) Screw Water Chiller Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Industrial
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 Screw Water Chiller Market: Competitive Dashboard
14.2 Global Screw Water Chiller Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Trane (Ingersoll-Rand)
14.3.2 Johnson Controls-Hitachi
14.3.3 Carrier
14.3.4 Mitsubshi
14.3.5 LG Electronics
14.3.6 Daikin
14.3.7 DunAn
14.3.8 Dunham-Bush
14.3.9 TICA
