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Chiller Unit-Global Market Insights and Sales Trends 2025
Synopsis
A chiller is a machine that removes heat from a liquid via a vapor-compression or absorption refrigeration cycle. This liquid can then be circulated through a heat exchanger to cool equipment, or another process stream (such as air or process water).
The global Chiller Unit market size is expected to reach US$ 9770.4 million by 2029, growing at a CAGR of 4.2% from 2023 to 2029. The market is mainly driven by the significant applications of Chiller Unit in various end use industries. The expanding demands from the Commercial and Industrial, are propelling Chiller Unit market. 0°C to -29°C, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the -30°C to -49°C segment is estimated at % CAGR for the next seven-year period.
China is the largest Chiller Unit market with about 32% market share. Europe is follower, accounting for about 16% market share.
The key players are Trane, Johnson Controls - Hitachi, Carrier, Mitsubshi, LG Electronics, Daikin, DunAn, Dunham-Bush, TICA, Bosch, Ebara, Smardt Chiller Group, Parker Hannifin, Dimplex Thermal Solutions etc. Top 3 companies occupied about 26% market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Chiller Unit, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Chiller Unit market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Chiller Unit market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Chiller Unit sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Chiller Unit covered in this report include Trane, Johnson Controls - Hitachi, Carrier, Mitsubshi, LG Electronics, Daikin, DunAn, Dunham-Bush and TICA, etc.
The global Chiller Unit market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Trane
Johnson Controls - Hitachi
Carrier
Mitsubshi
LG Electronics
Daikin
DunAn
Dunham-Bush
TICA
Bosch
Ebara
Smardt Chiller Group
Parker Hannifin
Dimplex Thermal Solutions
Global Chiller Unit market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Chiller Unit market, Segment by Type:
0°C to -29°C
-30°C to -49°C
-50°C to -99°C
-100°C or less
Others
Global Chiller Unit market, by Application
Commercial
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Chiller Unit manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Chiller Unit in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A chiller is a machine that removes heat from a liquid via a vapor-compression or absorption refrigeration cycle. This liquid can then be circulated through a heat exchanger to cool equipment, or another process stream (such as air or process water).
The global Chiller Unit market size is expected to reach US$ 9770.4 million by 2029, growing at a CAGR of 4.2% from 2023 to 2029. The market is mainly driven by the significant applications of Chiller Unit in various end use industries. The expanding demands from the Commercial and Industrial, are propelling Chiller Unit market. 0°C to -29°C, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the -30°C to -49°C segment is estimated at % CAGR for the next seven-year period.
China is the largest Chiller Unit market with about 32% market share. Europe is follower, accounting for about 16% market share.
The key players are Trane, Johnson Controls - Hitachi, Carrier, Mitsubshi, LG Electronics, Daikin, DunAn, Dunham-Bush, TICA, Bosch, Ebara, Smardt Chiller Group, Parker Hannifin, Dimplex Thermal Solutions etc. Top 3 companies occupied about 26% market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Chiller Unit, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Chiller Unit market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Chiller Unit market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Chiller Unit sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Chiller Unit covered in this report include Trane, Johnson Controls - Hitachi, Carrier, Mitsubshi, LG Electronics, Daikin, DunAn, Dunham-Bush and TICA, etc.
The global Chiller Unit market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Trane
Johnson Controls - Hitachi
Carrier
Mitsubshi
LG Electronics
Daikin
DunAn
Dunham-Bush
TICA
Bosch
Ebara
Smardt Chiller Group
Parker Hannifin
Dimplex Thermal Solutions
Global Chiller Unit market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Chiller Unit market, Segment by Type:
0°C to -29°C
-30°C to -49°C
-50°C to -99°C
-100°C or less
Others
Global Chiller Unit market, by Application
Commercial
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Chiller Unit manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Chiller Unit in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Chiller Unit Market Overview
1.1 Chiller Unit Product Overview
1.2 Chiller Unit Market Segment by Type
1.2.1 0°C to -29°C
1.2.2 -30°C to -49°C
1.2.3 -50°C to -99°C
1.2.4 -100°C or less
1.2.5 Others
1.3 Global Chiller Unit Market Size by Type
1.3.1 Global Chiller Unit Market Size Overview by Type (2018-2029)
1.3.2 Global Chiller Unit Historic Market Size Review by Type (2018-2023)
1.3.3 Global Chiller Unit Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Chiller Unit Sales Breakdown by Type (2018-2023)
1.4.2 Europe Chiller Unit Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Chiller Unit Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Chiller Unit Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Chiller Unit Sales Breakdown by Type (2018-2023)
2 Global Chiller Unit Market Competition by Company
2.1 Global Top Players by Chiller Unit Sales (2018-2023)
2.2 Global Top Players by Chiller Unit Revenue (2018-2023)
2.3 Global Top Players by Chiller Unit Price (2018-2023)
2.4 Global Top Manufacturers Chiller Unit Manufacturing Base Distribution, Sales Area, Product Type
2.5 Chiller Unit Market Competitive Situation and Trends
2.5.1 Chiller Unit Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Chiller Unit Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Chiller Unit as of 2022)
2.7 Date of Key Manufacturers Enter into Chiller Unit Market
2.8 Key Manufacturers Chiller Unit Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Chiller Unit Status and Outlook by Region
3.1 Global Chiller Unit Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Chiller Unit Historic Market Size by Region
3.2.1 Global Chiller Unit Sales in Volume by Region (2018-2023)
3.2.2 Global Chiller Unit Sales in Value by Region (2018-2023)
3.2.3 Global Chiller Unit Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Chiller Unit Forecasted Market Size by Region
3.3.1 Global Chiller Unit Sales in Volume by Region (2024-2029)
3.3.2 Global Chiller Unit Sales in Value by Region (2024-2029)
3.3.3 Global Chiller Unit Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Chiller Unit by Application
4.1 Chiller Unit Market Segment by Application
4.1.1 Commercial
4.1.2 Industrial
4.2 Global Chiller Unit Market Size by Application
4.2.1 Global Chiller Unit Market Size Overview by Application (2018-2029)
4.2.2 Global Chiller Unit Historic Market Size Review by Application (2018-2023)
4.2.3 Global Chiller Unit Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Chiller Unit Sales Breakdown by Application (2018-2023)
4.3.2 Europe Chiller Unit Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Chiller Unit Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Chiller Unit Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Chiller Unit Sales Breakdown by Application (2018-2023)
5 North America Chiller Unit by Country
5.1 North America Chiller Unit Historic Market Size by Country
5.1.1 North America Chiller Unit Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Chiller Unit Sales in Volume by Country (2018-2023)
5.1.3 North America Chiller Unit Sales in Value by Country (2018-2023)
5.2 North America Chiller Unit Forecasted Market Size by Country
5.2.1 North America Chiller Unit Sales in Volume by Country (2024-2029)
5.2.2 North America Chiller Unit Sales in Value by Country (2024-2029)
6 Europe Chiller Unit by Country
6.1 Europe Chiller Unit Historic Market Size by Country
6.1.1 Europe Chiller Unit Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Chiller Unit Sales in Volume by Country (2018-2023)
6.1.3 Europe Chiller Unit Sales in Value by Country (2018-2023)
6.2 Europe Chiller Unit Forecasted Market Size by Country
6.2.1 Europe Chiller Unit Sales in Volume by Country (2024-2029)
6.2.2 Europe Chiller Unit Sales in Value by Country (2024-2029)
7 Asia-Pacific Chiller Unit by Region
7.1 Asia-Pacific Chiller Unit Historic Market Size by Region
7.1.1 Asia-Pacific Chiller Unit Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Chiller Unit Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Chiller Unit Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Chiller Unit Forecasted Market Size by Region
7.2.1 Asia-Pacific Chiller Unit Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Chiller Unit Sales in Value by Region (2024-2029)
8 Latin America Chiller Unit by Country
8.1 Latin America Chiller Unit Historic Market Size by Country
8.1.1 Latin America Chiller Unit Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Chiller Unit Sales in Volume by Country (2018-2023)
8.1.3 Latin America Chiller Unit Sales in Value by Country (2018-2023)
8.2 Latin America Chiller Unit Forecasted Market Size by Country
8.2.1 Latin America Chiller Unit Sales in Volume by Country (2024-2029)
8.2.2 Latin America Chiller Unit Sales in Value by Country (2024-2029)
9 Middle East and Africa Chiller Unit by Country
9.1 Middle East and Africa Chiller Unit Historic Market Size by Country
9.1.1 Middle East and Africa Chiller Unit Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Chiller Unit Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Chiller Unit Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Chiller Unit Forecasted Market Size by Country
9.2.1 Middle East and Africa Chiller Unit Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Chiller Unit Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Trane
10.1.1 Trane Company Information
10.1.2 Trane Introduction and Business Overview
10.1.3 Trane Chiller Unit Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Trane Chiller Unit Products Offered
10.1.5 Trane Recent Development
10.2 Johnson Controls - Hitachi
10.2.1 Johnson Controls - Hitachi Company Information
10.2.2 Johnson Controls - Hitachi Introduction and Business Overview
10.2.3 Johnson Controls - Hitachi Chiller Unit Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Johnson Controls - Hitachi Chiller Unit Products Offered
10.2.5 Johnson Controls - Hitachi Recent Development
10.3 Carrier
10.3.1 Carrier Company Information
10.3.2 Carrier Introduction and Business Overview
10.3.3 Carrier Chiller Unit Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Carrier Chiller Unit Products Offered
10.3.5 Carrier Recent Development
10.4 Mitsubshi
10.4.1 Mitsubshi Company Information
10.4.2 Mitsubshi Introduction and Business Overview
10.4.3 Mitsubshi Chiller Unit Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Mitsubshi Chiller Unit Products Offered
10.4.5 Mitsubshi Recent Development
10.5 LG Electronics
10.5.1 LG Electronics Company Information
10.5.2 LG Electronics Introduction and Business Overview
10.5.3 LG Electronics Chiller Unit Sales, Revenue and Gross Margin (2018-2023)
10.5.4 LG Electronics Chiller Unit Products Offered
10.5.5 LG Electronics Recent Development
10.6 Daikin
10.6.1 Daikin Company Information
10.6.2 Daikin Introduction and Business Overview
10.6.3 Daikin Chiller Unit Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Daikin Chiller Unit Products Offered
10.6.5 Daikin Recent Development
10.7 DunAn
10.7.1 DunAn Company Information
10.7.2 DunAn Introduction and Business Overview
10.7.3 DunAn Chiller Unit Sales, Revenue and Gross Margin (2018-2023)
10.7.4 DunAn Chiller Unit Products Offered
10.7.5 DunAn Recent Development
10.8 Dunham-Bush
10.8.1 Dunham-Bush Company Information
10.8.2 Dunham-Bush Introduction and Business Overview
10.8.3 Dunham-Bush Chiller Unit Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Dunham-Bush Chiller Unit Products Offered
10.8.5 Dunham-Bush Recent Development
10.9 TICA
10.9.1 TICA Company Information
10.9.2 TICA Introduction and Business Overview
10.9.3 TICA Chiller Unit Sales, Revenue and Gross Margin (2018-2023)
10.9.4 TICA Chiller Unit Products Offered
10.9.5 TICA Recent Development
10.10 Bosch
10.10.1 Bosch Company Information
10.10.2 Bosch Introduction and Business Overview
10.10.3 Bosch Chiller Unit Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Bosch Chiller Unit Products Offered
10.10.5 Bosch Recent Development
10.11 Ebara
10.11.1 Ebara Company Information
10.11.2 Ebara Introduction and Business Overview
10.11.3 Ebara Chiller Unit Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Ebara Chiller Unit Products Offered
10.11.5 Ebara Recent Development
10.12 Smardt Chiller Group
10.12.1 Smardt Chiller Group Company Information
10.12.2 Smardt Chiller Group Introduction and Business Overview
10.12.3 Smardt Chiller Group Chiller Unit Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Smardt Chiller Group Chiller Unit Products Offered
10.12.5 Smardt Chiller Group Recent Development
10.13 Parker Hannifin
10.13.1 Parker Hannifin Company Information
10.13.2 Parker Hannifin Introduction and Business Overview
10.13.3 Parker Hannifin Chiller Unit Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Parker Hannifin Chiller Unit Products Offered
10.13.5 Parker Hannifin Recent Development
10.14 Dimplex Thermal Solutions
10.14.1 Dimplex Thermal Solutions Company Information
10.14.2 Dimplex Thermal Solutions Introduction and Business Overview
10.14.3 Dimplex Thermal Solutions Chiller Unit Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Dimplex Thermal Solutions Chiller Unit Products Offered
10.14.5 Dimplex Thermal Solutions Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Chiller Unit Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Chiller Unit Industrial Chain Analysis
11.4 Chiller Unit Market Dynamics
11.4.1 Chiller Unit Industry Trends
11.4.2 Chiller Unit Market Drivers
11.4.3 Chiller Unit Market Challenges
11.4.4 Chiller Unit Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Chiller Unit Distributors
12.3 Chiller Unit Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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