Chiller Market - Industry analysis, Trends, Estimation & Forecast, 2016 - 2024

November 2017

 ERC 3128

A chiller is a machine that expels warmth from a liquid by means of a vapor-pressure or retention refrigeration cycle. This liquid can be then be circulated through a warmth exchanger to cool hardware, or another procedure stream. Chillers are majorly used in industrial sectors to maintain equipment temperature, raw materials, or fluid streams in industrial applications. They are also used for food and beverages in residential and commercial applications. The most imperative characteristics of chillers are their toughness, productivity, and low environmental effect. The growth of chiller market is primarily influenced by expanded consumption of frozen foods and growth in commercial and industrial sectors. Additionally, wide use of chillers for cooling various machineries engaged in manufacturing of plastic products is driving the market growth. However, a rise in the production cost caused by increasing raw material prices is hindering the chiller market growth. Expansion is the major strategy adopted by the key market players of the chiller market.

Research Objective

• To define the scope and simplify the research study based on type, end user and geography.
• Estimate the current market size and forecast the same for the period (2017-2024).
• Market share by revenue for each segment and region analyzed.
• To provide insights on the major market dynamics (drivers, restraints & opportunities) and their impact analysis for the forecast period.
• Micro and macro level analysis of the market to elucidate lucrative investment opportunities.
• Porter’s five forces analysis to deliver a comprehensive buyer-seller scenario and the state of business environment.
• Identification of the chiller market trends in current scenario and its growth indicators.
• Benchmarking leading vendors in the chiller industry based on their strategic attempts, financial status, and other internal and external parameters.

MARKET SEGMENTATION

By Type

• Centrifugal Chiller
• Absorption Chiller
• Reciprocating Chiller
• Screw Chiller
• Scroll Chiller

By End User

• Plastics
• Rubber
• Medical & Others
• Chemicals & Petrochemicals
• Food & Beverages

By Geography

• North America
o U.S.
o Canada
o Mexico

• Europe

o Germany
o Italy
o UK
o Rest of Europe

• Asia-Pacific

o China
o Japan
o India
o Rest of Asia-Pacific

• Rest of the World

o Africa
o Brazil
o Rest of World

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For this specific report, we offer 20% of free customization in order to deliver a tailored research report that specifically covers areas of client’s interest in the chiller market. Following are some most desired customization offers on this report:

Geographical Customization

• Split of the regional market into specific countries as per client’s research requirements.
• Further breakdown of the major segments into sub-segments (as per request).

Vendor Profile Customization

• Further exhaustive analysis of additional companies operating in the market as per request.

Distinctive Requirements

• Research report on chiller market covering specific country/region only.
• Requests for data tables only (specific requirement to quantitative research).

 

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    What Information does this report contain?

    • What was the market size of the Global Chiller Market in 2016 and the expected market size by 2024, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2016 - 2024)?
    • Which are the leading companies in the Global Chiller Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

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