Industrial Chillers Market Trends and Research Insights by 2027

1. Industrial Chillers Market Trends and Research Insights by 2027 December 29, 2021 An industrial chiller is a refrigeration system that cools a process fluid or • dehumidifies air in commercial and industrial facilities. A chiller either uses a vapor compression or absorption cycle to cool. Industrial chillers are different from chillers used for commercial purposes and in • HVAC. Industrial chillers have their own independent water and refrigeration circuits, whereas HVAC chillers are not equipped with reservoirs, pumping systems, and controls. Key Drivers of the Global Industrial Chillers Market Growing need for cooling equipment in various end-use industries is one of the key • reasons for the growth of the industrial chillers market. Demand for industrial chillers is anticipated to increase during the forecast period due to rising number of industrial units, especially in emerging economies. Another growth factor for the industrial chillers market is the increasing popularity • of eating processed and frozen food around the world. Rising middle class income Create PDF in your applications with the Pdfcrowd HTML to PDF API PDFCROWD

2. growth coupled with rapid urbanization are key factors increasing the demand for processed and frozen food. This has ultimately led to the growth of the industrial chillers market. Environmental issues associated with industrial chillers to hamper growth of the market Environment issues associated with industrial chillers is one of the key reasons • hampering the growth of the industrial chillers market. Most industrial chillers emit CFC (Chlorofluorocarbons) that impacts the ozone layer. Many key global players have already taken initiatives through technological innovation to reduce the environmental impact of industrial chiller emissions. However, many small and medium sized manufacturers of industrial chillers do not follow the necessary government norms and regulations associated with emissions. This hampers the growth of the industrial chillers market. For Right Perspective & Competitive Insights on Industrial Chillers Market, Request for a Sample Mergers and Acquisitions, a Key Business Opportunity for the Industrial Chillers Market Create PDF in your applications with the Pdfcrowd HTML to PDF API PDFCROWD

3. Mergers and acquisitions between key global manufacturers and local • manufacturers is one of the major business opportunities for the growth of the industrial chillers market. Additionally, rising awareness about the need to protect the environment from the harmful effects of industrial chillers is also anticipated to offer new business opportunities for the industrial chillers market. Asia Paci?c o?ers growth avenues for the global industrial chillers market Geographically, the global industrial chillers market can be divided into five • regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA). Countries in North America and Europe boast some of the key companies • specialized in industrial chillers. Presence of key industries have resulted in these regions acquiring a dominant share in the industrial chillers market. Asia Pacific on the other hand is one of the key markets for industrial chillers. • Countries such as China, India, and many other Southeast Asian countries are some of the key manufacturing hubs where demand for industrial chillers is noticeable. Other regions such as South America and Middle East & Africa have strong • potential growth for the industrial chillers market. Create PDF in your applications with the Pdfcrowd HTML to PDF API PDFCROWD

4. Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report Key Players Operating in the Global Market The global industrial chillers market is highly fragmented with presence of many key global players and many regional industrial chiller manufacturers. A few of the key players operating in the global industrial chillers market includes: DAIKIN INDUSTRIES, Ltd., • Drake Refrigeration Inc. • Haier Electronics Group Co. Ltd. • Ingersoll Rand (Trane) • Johnson Controls • LG Electronics • Mitsubishi Corporation • Robert Bosch GmbH • Senho Machinery (Shenzhen) Co., Ltd. • United Technologies Corporation • Create PDF in your applications with the Pdfcrowd HTML to PDF API PDFCROWD

5. About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.  Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.  Contact 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Email: sales@transparencymarketresearch.com Website: https://www.transparencymarketresearch.com/ Create PDF in your applications with the Pdfcrowd HTML to PDF API PDFCROWD