Market Overview:
The global screw chillers 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 screw chillers from various end-use industries, such as chemical plant, printing plant, and automobile factory. In addition, the growing demand for energy-efficient equipment is also contributing to the growth of this market. The water-cooled screw chiller segment is expected to dominate the global screw chillers market during the forecast period. This segment accounted for a majority share of the global screw chillers market in 2017 and is projected to grow at a CAGR of 5.8% from 2018 to 2030.
Product Definition:
A screw chiller is a type of industrial refrigeration unit that uses a screw compressor to circulate chilled water or other refrigerant fluid around the system. Screw chillers are important for keeping processes such as food production, chemical manufacturing, and metalworking running smoothly by maintaining a consistent temperature.
Water-cooled:
Water-cooled chiller is a mechanical device used to decrease the temperature of water before it's distributed for use in a heat pump or cooling tower. The basic function of this device is to remove heat from the liquid by allowing it to cool naturally. It does this by transferring its heat into the surrounding water, which then flows through your cooling towers or radiators and returns to your hot water source.
Air-cooled:
An air-cooled chiller is a heat exchanger which is used to cool the refrigerant before it is used to provide cooling effect. The refrigerant moves around in the closed circuit and absorbs heat from various objects. This process helps in removing unwanted heat from the system, thus maintaining temperature of various objects at desired levels.
Application Insights:
The application segment is segregated into chemical plant, printing plant, automobile factory and others. The chemical sector dominated the global screw chillers market in 2017 owing to the rising demand for HVAC systems in this sector. Chemical plants require a large number of chillers as they are required to maintain low temperatures during the process of refrigeration and heat ventilation air conditioning (HVAC).
The printing plant application segment is expected to witness significant growth over the forecast period due to an increase in digitalization across various industries such as packaging, banking and financial services, healthcare etc. This has ledto an increased need for barcodes that can be read by machines which requires high-resolution imaging which calls for more usageof screw chillers. In addition, increasing use of plastics has resultedin a rise in printing activities which further boosts product demand globally.
Automobile factories also accounted for a considerable share on account of growing automotive production across regions including North America.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of major automobile manufacturers such as Toyota, Honda, Suzuki and Nissan has propelled the demand for chillers in Japan. In addition, rising investments by companies such as Toyota Industries Corporation; Mazda Motor Corporation; Mitsubishi Electric Factory Automation Ltd.; and Suzuki Motor Corporation are anticipated to boost product demand over the next eight years.
The growing chemical industry in China owing to increasing domestic production coupled with government support aimed at reducing pollution levels is expected to drive product demand over the forecast period. In addition, rapid growth of industries including food & beverage processing plants; metal manufacturing units; textile mills; cement plants etc.
Growth Factors:
- Increasing demand for screw chillers from the food and beverage industry as a result of the growth in the processed food sector.
- Rising demand for screw chillers from end-use industries such as pharmaceuticals, chemicals, and oil & gas due to their ability to provide precise temperature control.
- Growing popularity of screw chillers among small-scale businesses due to their low initial investment cost and easy installation process.
- Increasing adoption of screw chillers in HVAC systems owing to their energy efficiency and superior performance characteristics over traditional air-cooled chiller systems.
Scope Of The Report
Report Attributes
Report Details
Report Title
Screw Chillers Market Research Report
By Type
Water-cooled, Air-cooled
By Application
Chemical Plant, Printing Plant, Automobile Factory
By Companies
Carrier (US), Dinkin (McQuay) (JP), Hitachi (JP), Toshiba (JP), Climaveneta (IT), Mitsubshi (JP), Dunham-Bush (MY), Euroklimat (EK) (IT), Lennox (US)
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Screw Chillers Market Report Segments:
The global Screw Chillers market is segmented on the basis of:
Types
Water-cooled, Air-cooled
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 Plant, Printing Plant, Automobile Factory
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:
- Carrier (US)
- Dinkin (McQuay) (JP)
- Hitachi (JP)
- Toshiba (JP)
- Climaveneta (IT)
- Mitsubshi (JP)
- Dunham-Bush (MY)
- Euroklimat (EK) (IT)
- Lennox (US)
Highlights of The Screw Chillers 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
- By Application:
- Chemical Plant
- Printing Plant
- Automobile Factory
- 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 Chillers 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 chillers is a type of refrigerator that uses screws to keep food cold.
Some of the major players in the screw chillers market are Carrier (US), Dinkin (McQuay) (JP), Hitachi (JP), Toshiba (JP), Climaveneta (IT), Mitsubshi (JP), Dunham-Bush (MY), Euroklimat (EK) (IT), Lennox (US).
The screw chillers market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Screw Chillers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Screw Chillers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Screw Chillers Market - Supply Chain
4.5. Global Screw Chillers Market Forecast
4.5.1. Screw Chillers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Screw Chillers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Screw Chillers Market Absolute $ Opportunity
5. Global Screw Chillers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Screw Chillers Market Size and Volume Forecast by Type
5.3.1. Water-cooled
5.3.2. Air-cooled
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Screw Chillers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Screw Chillers Market Size and Volume Forecast by Application
6.3.1. Chemical Plant
6.3.2. Printing Plant
6.3.3. Automobile Factory
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Screw Chillers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Screw Chillers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Screw Chillers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Screw Chillers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Screw Chillers Demand Share Forecast, 2019-2026
9. North America Screw Chillers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Screw Chillers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Screw Chillers Market Size and Volume Forecast by Application
9.4.1. Chemical Plant
9.4.2. Printing Plant
9.4.3. Automobile Factory
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Screw Chillers Market Size and Volume Forecast by Type
9.7.1. Water-cooled
9.7.2. Air-cooled
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Screw Chillers Demand Share Forecast, 2019-2026
10. Latin America Screw Chillers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Screw Chillers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Screw Chillers Market Size and Volume Forecast by Application
10.4.1. Chemical Plant
10.4.2. Printing Plant
10.4.3. Automobile Factory
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Screw Chillers Market Size and Volume Forecast by Type
10.7.1. Water-cooled
10.7.2. Air-cooled
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Screw Chillers Demand Share Forecast, 2019-2026
11. Europe Screw Chillers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Screw Chillers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Screw Chillers Market Size and Volume Forecast by Application
11.4.1. Chemical Plant
11.4.2. Printing Plant
11.4.3. Automobile Factory
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Screw Chillers Market Size and Volume Forecast by Type
11.7.1. Water-cooled
11.7.2. Air-cooled
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
1.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Screw Chillers Demand Share, 2019-2026
12. Asia Pacific Screw Chillers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Screw Chillers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Screw Chillers Market Size and Volume Forecast by Application
12.4.1. Chemical Plant
12.4.2. Printing Plant
12.4.3. Automobile Factory
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Screw Chillers Market Size and Volume Forecast by Type
12.7.1. Water-cooled
12.7.2. Air-cooled
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Screw Chillers Demand Share, 2019-2026
13. Middle East & Africa Screw Chillers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Screw Chillers Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Screw Chillers Market Size and Volume Forecast by Application
13.4.1. Chemical Plant
13.4.2. Printing Plant
13.4.3. Automobile Factory
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Screw Chillers Market Size and Volume Forecast by Type
13.7.1. Water-cooled
13.7.2. Air-cooled
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Screw Chillers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Screw Chillers Market: Market Share Analysis
14.2. Screw Chillers Distributors and Customers
14.3. Screw Chillers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Carrier (US)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Dinkin (McQuay) (JP)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hitachi (JP)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Toshiba (JP)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Climaveneta (IT)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mitsubshi (JP)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dunham-Bush (MY)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Euroklimat (EK) (IT)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Lennox (US)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
