+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Industrial Air Chiller Market By Type, By Function, By End User Industry: Global Opportunity Analysis and Industry Forecast, 2021-2031

  • PDF Icon

    Report

  • 260 Pages
  • June 2022
  • Region: Global
  • Allied Market Research
  • ID: 5670789
Description Jump to:
The global industrial air chiller market size was valued at $ 4,669.1 million in 2021, and is projected to reach $ 7,252.9 million by 2031, registering a CAGR of 4.3% from 2022 to 2031.

Industrial air chillers play an instrumental role in controlling temperature of industrial machineries and manufacturing facilities. It basically uses forced ambient air for cooling down the heat transfer fluid of a refrigerant system.

Industrial air chillers are available in a wide range of sizes and capacities in the market, thereby making them applicable in large- and small-scale industries. Industrial air chillers are essential for keeping industrial machineries and spaces cool. Rapid growth in IT and manufacturing sectors contributes toward rise in demand for industrial air chillers.

Rising global population has significantly contributed to the growth of various industrial sectors such as automotive, and energy sector. This boosts the manufacturing industry, thereby, positively influencing the growth of industrial air chiller market. In addition, pharmaceutical sector is also witnessing a rapid growth due to increasing elderly population and rising unhealthy standards of living. These trends are fueling the demand for industrial air chillers in pharmaceutical sector. However, high installation and maintenance cost of industrial air chillers and their major contribution in the global pollution, are serving as a major restraint in the growth of the market. Furthermore, growth in small scale industries in the emerging economies and development in relatively eco-friendly refrigerants are estimated to provide lucrative opportunities for the growth of the market.

The global industrial air chiller market is segmented on the basis of type, end user, function and region. By type, the market is categorized into centrifugal chillers, reciprocating chillers, scroll compressor chillers, and screw driven chillers. On the basis on function, the market is categorized into stationary, and transport. And, on the basis of end user, it is categorized into foods & beverages, pharmaceuticals, utility & power, oil & gas and others. . Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major players that operate in the global market have adopted key strategies such as product launch, business expansion, product development and acquisition to strengthen their market outreach and sustain the stiff competition in the market

COMPETITION ANALYSIS

Key companies profiled in the industrial air chiller market report include Airedale International Air Conditioning Ltd., Blue Star Limited, Carrier Global Corporation, Daikin Industries, Ltd., GEM Orion Machinery Private Limited, Hiver Aircon Pvt.Ltd, Jiangsu Huazhao Refrigeration Equipment CO., Ltd., Johnson Controls International PLC, Mitsubishi Electric Corporation, and Trane Technologies Company, LLC.

KEY BENEFITS FOR STAKEHOLDERS

  • The report provides an extensive analysis of the current and emerging industrial air chiller market trends and dynamics.
  • In-depth market analysis is conducted by constructing market estimations for the key market segments between 2021 and 2031.
  • Extensive analysis of the industrial air chiller market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
  • A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
  • The global industrial air chiller market forecast analysis from 2022 to 2031 is included in the report.
  • The key market players within industrial air chiller market are profiled in this report and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the industrial air chillers industry.

Key Market Segments

By End User Industry

  • Food and Beverage
  • Pharmaceutical
  • Utility and Power
  • Oil and Gas
  • Others

By Type

  • Centrifugal Chillers
  • Reciprocating Chillers
  • Scroll Compressor Chillers
  • Screw Driven Chillers

By Function

  • Stationary
  • Transport

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • Rest of Asia-Pacific
  • India
  • China
  • Japan
  • South Korea
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Airedale International Air Conditioning Ltd.
  • Blue Star Limited
  • Carrier Global Corporation
  • daikin industries, ltd.
  • GEM Orion Machinery Private Limited
  • Hiver Aircon Pvt. Ltd.
  • Jiangsu Huazhao Refrigeration Equipment CO., Ltd.
  • Johnson Controls International PLC
  • Mitsubishi Electric Corporation
  • Trane Technologies Company, LLC.

 

Please note:

  • Online Access price format is valid for 60 days access. Printing is not enabled.
  • PDF Single and Enterprise price formats enable printing.

 

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: INDUSTRIAL AIR CHILLER MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Centrifugal Chillers
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Reciprocating Chillers
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Scroll Compressor Chillers
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Screw Driven Chillers
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
CHAPTER 5: INDUSTRIAL AIR CHILLER MARKET, BY FUNCTION
5.1 Overview
5.1.1 Market size and forecast
5.2 Stationary
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Transport
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
CHAPTER 6: INDUSTRIAL AIR CHILLER MARKET, BY END USER INDUSTRY
6.1 Overview
6.1.1 Market size and forecast
6.2 Food and Beverage
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Pharmaceutical
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Utility and Power
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
6.5 Oil and Gas
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market analysis by country
6.6 Others
6.6.1 Key market trends, growth factors and opportunities
6.6.2 Market size and forecast, by region
6.6.3 Market analysis by country
CHAPTER 7: INDUSTRIAL AIR CHILLER MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Type
7.2.3 North America Market size and forecast, by Function
7.2.4 North America Market size and forecast, by End User Industry
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Type
7.2.5.1.2 Market size and forecast, by Function
7.2.5.1.3 Market size and forecast, by End User Industry
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Type
7.2.5.2.2 Market size and forecast, by Function
7.2.5.2.3 Market size and forecast, by End User Industry
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Type
7.2.5.3.2 Market size and forecast, by Function
7.2.5.3.3 Market size and forecast, by End User Industry
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Type
7.3.3 Europe Market size and forecast, by Function
7.3.4 Europe Market size and forecast, by End User Industry
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Market size and forecast, by Type
7.3.5.1.2 Market size and forecast, by Function
7.3.5.1.3 Market size and forecast, by End User Industry
7.3.5.2 France
7.3.5.2.1 Market size and forecast, by Type
7.3.5.2.2 Market size and forecast, by Function
7.3.5.2.3 Market size and forecast, by End User Industry
7.3.5.3 U.K.
7.3.5.3.1 Market size and forecast, by Type
7.3.5.3.2 Market size and forecast, by Function
7.3.5.3.3 Market size and forecast, by End User Industry
7.3.5.4 Italy
7.3.5.4.1 Market size and forecast, by Type
7.3.5.4.2 Market size and forecast, by Function
7.3.5.4.3 Market size and forecast, by End User Industry
7.3.5.5 Rest of Europe
7.3.5.5.1 Market size and forecast, by Type
7.3.5.5.2 Market size and forecast, by Function
7.3.5.5.3 Market size and forecast, by End User Industry
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Type
7.4.3 Asia-Pacific Market size and forecast, by Function
7.4.4 Asia-Pacific Market size and forecast, by End User Industry
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 India
7.4.5.1.1 Market size and forecast, by Type
7.4.5.1.2 Market size and forecast, by Function
7.4.5.1.3 Market size and forecast, by End User Industry
7.4.5.2 China
7.4.5.2.1 Market size and forecast, by Type
7.4.5.2.2 Market size and forecast, by Function
7.4.5.2.3 Market size and forecast, by End User Industry
7.4.5.3 Japan
7.4.5.3.1 Market size and forecast, by Type
7.4.5.3.2 Market size and forecast, by Function
7.4.5.3.3 Market size and forecast, by End User Industry
7.4.5.4 South Korea
7.4.5.4.1 Market size and forecast, by Type
7.4.5.4.2 Market size and forecast, by Function
7.4.5.4.3 Market size and forecast, by End User Industry
7.4.5.5 Rest of Asia-Pacific
7.4.5.5.1 Market size and forecast, by Type
7.4.5.5.2 Market size and forecast, by Function
7.4.5.5.3 Market size and forecast, by End User Industry
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Type
7.5.3 LAMEA Market size and forecast, by Function
7.5.4 LAMEA Market size and forecast, by End User Industry
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Market size and forecast, by Type
7.5.5.1.2 Market size and forecast, by Function
7.5.5.1.3 Market size and forecast, by End User Industry
7.5.5.2 Middle East
7.5.5.2.1 Market size and forecast, by Type
7.5.5.2.2 Market size and forecast, by Function
7.5.5.2.3 Market size and forecast, by End User Industry
7.5.5.3 Africa
7.5.5.3.1 Market size and forecast, by Type
7.5.5.3.2 Market size and forecast, by Function
7.5.5.3.3 Market size and forecast, by End User Industry
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 Airedale International Air Conditioning Ltd.
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Blue Star Limited
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Carrier Global Corporation
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 daikin industries, ltd.
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 GEM Orion Machinery Private Limited
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Hiver Aircon Pvt. Ltd.
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Jiangsu Huazhao Refrigeration Equipment CO., Ltd.
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Johnson Controls International PLC
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Mitsubishi Electric Corporation
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Trane Technologies Company, LLC.
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
List of Tables
Table 1. Global Industrial Air Chiller Market, by Type, 2021-2031,($Million)
Table 2. Industrial Air Chiller Market Revenue, for Centrifugal Chillers, by Region , 2021-2031,($Million)
Table 3. Industrial Air Chiller Market for Centrifugal Chillers by Country, 2021-2031,($Million)
Table 4. Industrial Air Chiller Market Revenue, for Reciprocating Chillers, by Region , 2021-2031,($Million)
Table 5. Industrial Air Chiller Market for Reciprocating Chillers by Country, 2021-2031,($Million)
Table 6. Industrial Air Chiller Market Revenue, for Scroll Compressor Chillers, by Region , 2021-2031,($Million)
Table 7. Industrial Air Chiller Market for Scroll Compressor Chillers by Country, 2021-2031,($Million)
Table 8. Industrial Air Chiller Market Revenue, for Screw Driven Chillers, by Region , 2021-2031,($Million)
Table 9. Industrial Air Chiller Market for Screw Driven Chillers by Country, 2021-2031,($Million)
Table 10. Global Industrial Air Chiller Market, by Function, 2021-2031,($Million)
Table 11. Industrial Air Chiller Market Revenue, for Stationary, by Region , 2021-2031,($Million)
Table 12. Industrial Air Chiller Market for Stationary by Country, 2021-2031,($Million)
Table 13. Industrial Air Chiller Market Revenue, for Transport, by Region , 2021-2031,($Million)
Table 14. Industrial Air Chiller Market for Transport by Country, 2021-2031,($Million)
Table 15. Global Industrial Air Chiller Market, by End-user Industry, 2021-2031,($Million)
Table 16. Industrial Air Chiller Market Revenue, for Food and Beverage, by Region , 2021-2031,($Million)
Table 17. Industrial Air Chiller Market for Food and Beverage by Country, 2021-2031,($Million)
Table 18. Industrial Air Chiller Market Revenue, for Pharmaceutical, by Region , 2021-2031,($Million)
Table 19. Industrial Air Chiller Market for Pharmaceutical by Country, 2021-2031,($Million)
Table 20. Industrial Air Chiller Market Revenue, for Utility and Power, by Region , 2021-2031,($Million)
Table 21. Industrial Air Chiller Market for Utility and Power by Country, 2021-2031,($Million)
Table 22. Industrial Air Chiller Market Revenue, for Oil and Gas, by Region , 2021-2031,($Million)
Table 23. Industrial Air Chiller Market for Oil and Gas by Country, 2021-2031,($Million)
Table 24. Industrial Air Chiller Market Revenue, for Others, by Region , 2021-2031,($Million)
Table 25. Industrial Air Chiller Market for Others by Country, 2021-2031,($Million)
Table 26. Industrial Air Chiller Market, by Region, 2021-2031,($Million)
Table 27. North America Industrial Air Chiller Market, by Type, 2021-2031,($Million)
Table 28. North America Industrial Air Chiller Market, by Function, 2021-2031,($Million)
Table 29. North America Industrial Air Chiller Market, by End-user Industry, 2021-2031,($Million)
Table 30. North America Industrial Air Chiller Market, by Country, 2021-2031,($Million)
Table 31. U.S. Industrial Air Chiller Market, by Type, 2021-2031,($Million)
Table 32. U.S. Industrial Air Chiller Market, by Function, 2021-2031,($Million)
Table 33. U.S. Industrial Air Chiller Market, by End-user Industry, 2021-2031,($Million)
Table 34. Canada Industrial Air Chiller Market, by Type, 2021-2031,($Million)
Table 35. Canada Industrial Air Chiller Market, by Function, 2021-2031,($Million)
Table 36. Canada Industrial Air Chiller Market, by End-user Industry, 2021-2031,($Million)
Table 37. Mexico Industrial Air Chiller Market, by Type, 2021-2031,($Million)
Table 38. Mexico Industrial Air Chiller Market, by Function, 2021-2031,($Million)
Table 39. Mexico Industrial Air Chiller Market, by End-user Industry, 2021-2031,($Million)
Table 40. Europe Industrial Air Chiller Market, by Type, 2021-2031,($Million)
Table 41. Europe Industrial Air Chiller Market, by Function, 2021-2031,($Million)
Table 42. Europe Industrial Air Chiller Market, by End-user Industry, 2021-2031,($Million)
Table 43. Europe Industrial Air Chiller Market, by Country, 2021-2031,($Million)
Table 44. Germany Industrial Air Chiller Market, by Type, 2021-2031,($Million)
Table 45. Germany Industrial Air Chiller Market, by Function, 2021-2031,($Million)
Table 46. Germany Industrial Air Chiller Market, by End-user Industry, 2021-2031,($Million)
Table 47. France Industrial Air Chiller Market, by Type, 2021-2031,($Million)
Table 48. France Industrial Air Chiller Market, by Function, 2021-2031,($Million)
Table 49. France Industrial Air Chiller Market, by End-user Industry, 2021-2031,($Million)
Table 50. U.K. Industrial Air Chiller Market, by Type, 2021-2031,($Million)
Table 51. U.K. Industrial Air Chiller Market, by Function, 2021-2031,($Million)
Table 52. U.K. Industrial Air Chiller Market, by End-user Industry, 2021-2031,($Million)
Table 53. Italy Industrial Air Chiller Market, by Type, 2021-2031,($Million)
Table 54. Italy Industrial Air Chiller Market, by Function, 2021-2031,($Million)
Table 55. Italy Industrial Air Chiller Market, by End-user Industry, 2021-2031,($Million)
Table 56. Rest of Europe Industrial Air Chiller Market, by Type, 2021-2031,($Million)
Table 57. Rest of Europe Industrial Air Chiller Market, by Function, 2021-2031,($Million)
Table 58. Rest of Europe Industrial Air Chiller Market, by End-user Industry, 2021-2031,($Million)
Table 59. Asia-Pacific Industrial Air Chiller Market, by Type, 2021-2031,($Million)
Table 60. Asia-Pacific Industrial Air Chiller Market, by Function, 2021-2031,($Million)
Table 61. Asia-Pacific Industrial Air Chiller Market, by End-user Industry, 2021-2031,($Million)
Table 62. Asia-Pacific Industrial Air Chiller Market, by Country, 2021-2031,($Million)
Table 63. India Industrial Air Chiller Market, by Type, 2021-2031,($Million)
Table 64. India Industrial Air Chiller Market, by Function, 2021-2031,($Million)
Table 65. India Industrial Air Chiller Market, by End-user Industry, 2021-2031,($Million)
Table 66. China Industrial Air Chiller Market, by Type, 2021-2031,($Million)
Table 67. China Industrial Air Chiller Market, by Function, 2021-2031,($Million)
Table 68. China Industrial Air Chiller Market, by End-user Industry, 2021-2031,($Million)
Table 69. Japan Industrial Air Chiller Market, by Type, 2021-2031,($Million)
Table 70. Japan Industrial Air Chiller Market, by Function, 2021-2031,($Million)
Table 71. Japan Industrial Air Chiller Market, by End-user Industry, 2021-2031,($Million)
Table 72. South Korea Industrial Air Chiller Market, by Type, 2021-2031,($Million)
Table 73. South Korea Industrial Air Chiller Market, by Function, 2021-2031,($Million)
Table 74. South Korea Industrial Air Chiller Market, by End-user Industry, 2021-2031,($Million)
Table 75. Rest of Asia-Pacific Industrial Air Chiller Market, by Type, 2021-2031,($Million)
Table 76. Rest of Asia-Pacific Industrial Air Chiller Market, by Function, 2021-2031,($Million)
Table 77. Rest of Asia-Pacific Industrial Air Chiller Market, by End-user Industry, 2021-2031,($Million)
Table 78. LAMEA Industrial Air Chiller Market, by Type, 2021-2031,($Million)
Table 79. LAMEA Industrial Air Chiller Market, by Function, 2021-2031,($Million)
Table 80. LAMEA Industrial Air Chiller Market, by End-user Industry, 2021-2031,($Million)
Table 81. LAMEA Industrial Air Chiller Market, by Country, 2021-2031,($Million)
Table 82. Latin America Industrial Air Chiller Market, by Type, 2021-2031,($Million)
Table 83. Latin America Industrial Air Chiller Market, by Function, 2021-2031,($Million)
Table 84. Latin America Industrial Air Chiller Market, by End-user Industry, 2021-2031,($Million)
Table 85. Middle East Industrial Air Chiller Market, by Type, 2021-2031,($Million)
Table 86. Middle East Industrial Air Chiller Market, by Function, 2021-2031,($Million)
Table 87. Middle East Industrial Air Chiller Market, by End-user Industry, 2021-2031,($Million)
Table 88. Africa Industrial Air Chiller Market, by Type, 2021-2031,($Million)
Table 89. Africa Industrial Air Chiller Market, by Function, 2021-2031,($Million)
Table 90. Africa Industrial Air Chiller Market, by End-user Industry, 2021-2031,($Million)
Table 91. Airedale International Air Conditioning Ltd.: Company Snapshot
Table 92. Airedale International Air Conditioning Ltd.: Operating Segments
Table 93. Airedale International Air Conditioning Ltd.: Product Portfolio
Table 94. Airedale International Air Conditioning Ltd.: Net Sales
Table 95. Airedale International Air Conditioning Ltd.: Key Stratergies
Table 96. Blue Star Limited: Company Snapshot
Table 97. Blue Star Limited: Operating Segments
Table 98. Blue Star Limited: Product Portfolio
Table 99. Blue Star Limited: Net Sales
Table 100. Blue Star Limited: Key Stratergies
Table 101. Carrier Global Corporation: Company Snapshot
Table 102. Carrier Global Corporation: Operating Segments
Table 103. Carrier Global Corporation: Product Portfolio
Table 104. Carrier Global Corporation: Net Sales
Table 105. Carrier Global Corporation: Key Stratergies
Table 106. Daikin Industries, Ltd.: Company Snapshot
Table 107. Daikin Industries, Ltd.: Operating Segments
Table 108. Daikin Industries, Ltd.: Product Portfolio
Table 109. Daikin Industries, Ltd.: Net Sales
Table 110. Daikin Industries, Ltd.: Key Stratergies
Table 111. Gem Orion Machinery Private Limited: Company Snapshot
Table 112. Gem Orion Machinery Private Limited: Operating Segments
Table 113. Gem Orion Machinery Private Limited: Product Portfolio
Table 114. Gem Orion Machinery Private Limited: Net Sales
Table 115. Gem Orion Machinery Private Limited: Key Stratergies
Table 116. Hiver Aircon Pvt. Ltd.: Company Snapshot
Table 117. Hiver Aircon Pvt. Ltd.: Operating Segments
Table 118. Hiver Aircon Pvt. Ltd.: Product Portfolio
Table 119. Hiver Aircon Pvt. Ltd.: Net Sales
Table 120. Hiver Aircon Pvt. Ltd.: Key Stratergies
Table 121. Jiangsu Huazhao Refrigeration Equipment Co., Ltd.: Company Snapshot
Table 122. Jiangsu Huazhao Refrigeration Equipment Co., Ltd.: Operating Segments
Table 123. Jiangsu Huazhao Refrigeration Equipment Co., Ltd.: Product Portfolio
Table 124. Jiangsu Huazhao Refrigeration Equipment Co., Ltd.: Net Sales
Table 125. Jiangsu Huazhao Refrigeration Equipment Co., Ltd.: Key Stratergies
Table 126. Johnson Controls International plc: Company Snapshot
Table 127. Johnson Controls International plc: Operating Segments
Table 128. Johnson Controls International plc: Product Portfolio
Table 129. Johnson Controls International plc: Net Sales
Table 130. Johnson Controls International plc: Key Stratergies
Table 131. Mitsubishi Electric Corporation: Company Snapshot
Table 132. Mitsubishi Electric Corporation: Operating Segments
Table 133. Mitsubishi Electric Corporation: Product Portfolio
Table 134. Mitsubishi Electric Corporation: Net Sales
Table 135. Mitsubishi Electric Corporation: Key Stratergies
Table 136. Trane Technologies Company, LLC.: Company Snapshot
Table 137. Trane Technologies Company, LLC.: Operating Segments
Table 138. Trane Technologies Company, LLC.: Product Portfolio
Table 139. Trane Technologies Company, LLC.: Net Sales
Table 140. Trane Technologies Company, LLC.: Key Stratergies
List of Figures
Figure 1. Industrial Air Chiller Market Segmentation
Figure 2. Industrial Air Chiller Market,2021-2031
Figure 3. Industrial Air Chiller Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Industrial Air Chiller Market:Drivers, Restraints and Opportunities
Figure 12. Industrial Air Chiller Market,By Type,2021(%)
Figure 13. Comparative Share Analysis of Centrifugal Chillers Industrial Air Chiller Market,2021-2031(%)
Figure 14. Comparative Share Analysis of Reciprocating Chillers Industrial Air Chiller Market,2021-2031(%)
Figure 15. Comparative Share Analysis of Scroll Compressor Chillers Industrial Air Chiller Market,2021-2031(%)
Figure 16. Comparative Share Analysis of Screw Driven Chillers Industrial Air Chiller Market,2021-2031(%)
Figure 17. Industrial Air Chiller Market,By Function,2021(%)
Figure 18. Comparative Share Analysis of Stationary Industrial Air Chiller Market,2021-2031(%)
Figure 19. Comparative Share Analysis of Transport Industrial Air Chiller Market,2021-2031(%)
Figure 20. Industrial Air Chiller Market,By End-user Industry,2021(%)
Figure 21. Comparative Share Analysis of Food and Beverage Industrial Air Chiller Market,2021-2031(%)
Figure 22. Comparative Share Analysis of Pharmaceutical Industrial Air Chiller Market,2021-2031(%)
Figure 23. Comparative Share Analysis of Utility and Power Industrial Air Chiller Market,2021-2031(%)
Figure 24. Comparative Share Analysis of Oil and Gas Industrial Air Chiller Market,2021-2031(%)
Figure 25. Comparative Share Analysis of Others Industrial Air Chiller Market,2021-2031(%)
Figure 26. Industrial Air Chiller Market by Region,2021
Figure 27. U.S. Industrial Air Chiller Market,2021-2031($Million)
Figure 28. Canada Industrial Air Chiller Market,2021-2031($Million)
Figure 29. Mexico Industrial Air Chiller Market,2021-2031($Million)
Figure 30. Germany Industrial Air Chiller Market,2021-2031($Million)
Figure 31. France Industrial Air Chiller Market,2021-2031($Million)
Figure 32. U.K. Industrial Air Chiller Market,2021-2031($Million)
Figure 33. Italy Industrial Air Chiller Market,2021-2031($Million)
Figure 34. Rest of Europe Industrial Air Chiller Market,2021-2031($Million)
Figure 35. India Industrial Air Chiller Market,2021-2031($Million)
Figure 36. China Industrial Air Chiller Market,2021-2031($Million)
Figure 37. Japan Industrial Air Chiller Market,2021-2031($Million)
Figure 38. South Korea Industrial Air Chiller Market,2021-2031($Million)
Figure 39. Rest of Asia-Pacific Industrial Air Chiller Market,2021-2031($Million)
Figure 40. Latin America Industrial Air Chiller Market,2021-2031($Million)
Figure 41. Middle East Industrial Air Chiller Market,2021-2031($Million)
Figure 42. Africa Industrial Air Chiller Market,2021-2031($Million)
Figure 43. Top Winning Strategies, by Year
Figure 44. Top Winning Strategies, by Development
Figure 45. Top Winning Strategies, by Company
Figure 46. Product Mapping of Top 10 Players
Figure 47. Competitive Dashboard
Figure 48. Competitive Heatmap of Top 10 Key Players
Figure 49. Airedale International Air Conditioning Ltd..: Net Sales ,($Million)
Figure 50. Blue Star Limited.: Net Sales ,($Million)
Figure 51. Carrier Global Corporation.: Net Sales ,($Million)
Figure 52. Daikin Industries, Ltd..: Net Sales ,($Million)
Figure 53. Gem Orion Machinery Private Limited.: Net Sales ,($Million)
Figure 54. Hiver Aircon Pvt. Ltd..: Net Sales ,($Million)
Figure 55. Jiangsu Huazhao Refrigeration Equipment Co. Ltd..: Net Sales ,($Million)
Figure 56. Johnson Controls International PLC.: Net Sales ,($Million)
Figure 57. Mitsubishi Electric Corporation.: Net Sales ,($Million)
Figure 58. Trane Technologies Company, LLC..: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Industrial Air Chiller Market," the industrial air chiller market size was valued at $4.7 billion in 2021, and is estimated to reach $7.3 billion by 2031, growing at a CAGR of 4.3% from 2022 to 2031.

Rise in demand in the foods and beverages sector has shown a noteworthy positive effect on demand for industrial air chillers. Furthermore, improved global economic standards and rise in the automotive sector positively influence industrial air chiller market growth.

Commonly observed types of industrial air chiller are centrifugal chillers, reciprocating chillers, scroll compressor chillers, and screw driven chillers. Among these, the screw driven chillers segment accounted for the highest market share in 2021, owing to surge in number of small- and large-scale manufacturing industries. The market is analyzed with respect to different end-users such as foods & beverages, pharmaceuticals, utility & power, oil & gas and others. By function, it is divided on stationary, and transport. The market is mainly driven by rise in manufacturing industries such as automotive and plastic industry. In addition, increase in demand from the energy sector has also contributed toward growth of the industrial air chiller market. However, high installation and maintenance cost of industrial air chiller restrains the growth of the market.

In 2021, Asia-Pacific dominated the global industrial air chiller industry, in terms of revenue, followed by North America and Europe. Moreover, the market in Asia-Pacific has increased with high CAGR, owing to rise in the pharmaceutical industry and other small and medium scale manufacturing industries.

Furthermore, on the basis of function, the stationary industrial air chiller market share is anticipated to grow rapidly during the forecast period, owing to its advantages such as large size, high efficiency, capacity, and productivity.

Key manufacturers have launched many stationary industrial air chillers. For instance, in May 2021, Carrier Global Corporation, introduced AquaForce 30XV Variable-Speed line of air-cooled screw chillers with evaporative pre-cooling feature. As claimed by the company, this new feature is expected to reduce overall power consumption of chillers and increase life and reliability of the chiller. Moreover, manufacturers such as Daikin Industries and Blue Star Limited offer a wide range of stationary industrial air chillers.

However, during the pandemic lockdown, various manufacturers in the industrial air chiller market had to stop their business in countries such as China, the U.S., and India. This break directly impacted sales of industrial air chillers manufacturing companies. In addition, lack of manpower and raw materials constricted supply of raw materials for industrial air chillers; and has negatively influenced growth of the market. However, after two years of COVID-19 outbreak and introduction of vaccinations, severity of the pandemic has significantly reduced and key players in the market are recovering rapidly.

Key companies profiled in the industrial air chiller market forecast report include Airedale International Air Conditioning Ltd., Blue Star Limited, Carrier Global Corporation, Daikin Industries, Ltd., GEM Orion Machinery Private Limited, Hiver Aircon Pvt.Ltd, Jiangsu Huazhao Refrigeration Equipment CO., Ltd., Johnson Controls International PLC, Mitsubishi Electric Corporation, and Trane Technologies Company, LLC.

Key Findings of the Study

  • The report provides an extensive analysis of the current and emerging industrial air chiller market trends and dynamics.
  • Depending on type, the screw driven chillers segment dominated the industrial air chiller market, in terms of revenue in 2021, and is projected to grow at a significant CAGR during the forecast period.
  • By end user, the scroll compressor chillers segment registered highest revenue in 2021.
  • LAMEA is projected to register highest growth rate in the coming years.
  • Key players in the industrial air chiller market are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook and industrial air chiller market opportunities.
  • The report provides an extensive analysis of the current trends and emerging opportunities of the market.
  • In-depth industrial air chiller market analysis is conducted by constructing estimations for the key segments between 2022 and 2031

Companies Mentioned

  • Airedale International Air Conditioning Ltd.
  • Blue Star Limited
  • Carrier Global Corporation
  • Daikin Industries, Ltd.
  • Gem Orion Machinery Private Limited
  • Hiver Aircon Pvt. Ltd.
  • Jiangsu Huazhao Refrigeration Equipment Co. Ltd.
  • Johnson Controls International plc
  • Mitsubishi Electric Corporation
  • Trane Technologies Company, LLC.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

Loading
LOADING...

Table Information

Report AttributeDetails
No. of Pages260
PublishedJune 2022
Forecast Period2021 - 2031
Estimated Market Value ( USD ) in 2021 $ 4669.1 million
Forecasted Market Value ( USD ) by 2031 $ 7252.9 million
Compound Annual Growth Rate4.5%
Regions CoveredGlobal
No. of Companies Mentioned10

Related Topics

Related Reports

Industrial Air Chiller Global Market Report 2024 - Product Image

Industrial Air Chiller Global Market Report 2024

  • Report
  • 200 Pages
  • Global
From
Brine Chillers Market by Type, Capacity, End-use - Global Forecast 2025-2030 - Product Image

Brine Chillers Market by Type, Capacity, End-use - Global Forecast 2025-2030

  • Report
  • 196 Pages
  • Global
From
Chillers Market by Function, Compressor Technology, Power Range, End-User - Global Forecast 2025-2030 - Product Image

Chillers Market by Function, Compressor Technology, Power Range, End-User - Global Forecast 2025-2030

  • Report
  • 189 Pages
  • Global
From
Chillers Global Market Report 2024 - Product Image

Chillers Global Market Report 2024

  • Report
  • 200 Pages
  • Global
From
Chillers Market Size, Share & Trends Analysis Report By Product, By Application, By Compressor Type (Screw Chillers, Centrifugal Chillers, Absorption Chillers, Scroll Chillers, Reciprocating Chillers), By Region, And Segment Forecasts, 2024 - 2030 - Product Image

Chillers Market Size, Share & Trends Analysis Report By Product, By Application, By Compressor Type (Screw Chillers, Centrifugal Chillers, Absorption Chillers, Scroll Chillers, Reciprocating Chillers), By Region, And Segment Forecasts, 2024 - 2030

  • Report
  • 205 Pages
  • Global
From
Copyright © 2002-2024 Research and Markets. All Rights Reserved.