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Industrial Air Cooled Chiller-Global Market Insights and Sales Trends 2025
Synopsis
Industrial air chillers, also known as refrigeration systems, are used to cool a process fluid, or dehumidifies air in industrial and commercial facilities. An industrial air chiller uses either absorption cycle or a vapor compression to cool. Industrial air chillers absorb the access heat generated from industrial process water or processing liquid such as oil or glycol, and coolant water, and the heat is then transferred by air blowers into the ambient air around the chiller unit.
The global Industrial Air Cooled Chiller market size is expected to reach US$ 6141.4 million by 2029, growing at a CAGR of 5.9% from 2023 to 2029. The market is mainly driven by the significant applications of Industrial Air Cooled Chiller in various end use industries. The expanding demands from the Die Casting, Chemicals, Pharmaceuticals and Food and Beverages, are propelling Industrial Air Cooled Chiller market. Portable, 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 Stationary segment is estimated at % CAGR for the next seven-year period.
With the rapid development of the manufacturing industry, the demand for industrial refrigeration systems has gradually increased. Industrial refrigeration systems can be used in many industries such as steel, petrochemicals, pharmaceuticals, food, chemicals, etc. to provide refrigeration and air conditioning services for production in these industries. The demand for the refrigeration system industry is increasing in the international market. The global industrial refrigeration market size is estimated to be USD 21.4 billion in 2022. The growth of the industrial refrigeration systems market is mainly influenced by factors such as technological advancement, environmental protection, energy conservation and emission reduction. With the continuous development of technology, new refrigeration technologies and equipments are emerging, which makes the efficiency and reliability of industrial refrigeration systems improve. At the same time, increased awareness of environmental protection and energy conservation and emission reduction has also prompted the development of industrial refrigeration systems in the direction of greater energy efficiency and environmental protection.
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 Industrial Air Cooled Chiller, 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 Industrial Air Cooled Chiller 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 Industrial Air Cooled Chiller market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Industrial Air Cooled Chiller 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 Industrial Air Cooled Chiller covered in this report include Carrier Corporation, Daikin Industries, Ingersoll Rand, Johnson Controls, Mitsubishi Electric Corporation, Airedale Cooling Services, Blue Star, Fujitsu General and Haier Group Corporation, etc.
The global Industrial Air Cooled Chiller market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Carrier Corporation
Daikin Industries
Ingersoll Rand
Johnson Controls
Mitsubishi Electric Corporation
Airedale Cooling Services
Blue Star
Fujitsu General
Haier Group Corporation
Midea Group
Global Industrial Air Cooled Chiller 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 Industrial Air Cooled Chiller market, Segment by Type:
Portable
Stationary
Global Industrial Air Cooled Chiller market, by Application
Die Casting
Chemicals
Pharmaceuticals
Food and Beverages
Others
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 Industrial Air Cooled Chiller manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Industrial Air Cooled Chiller 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.
Industrial air chillers, also known as refrigeration systems, are used to cool a process fluid, or dehumidifies air in industrial and commercial facilities. An industrial air chiller uses either absorption cycle or a vapor compression to cool. Industrial air chillers absorb the access heat generated from industrial process water or processing liquid such as oil or glycol, and coolant water, and the heat is then transferred by air blowers into the ambient air around the chiller unit.
The global Industrial Air Cooled Chiller market size is expected to reach US$ 6141.4 million by 2029, growing at a CAGR of 5.9% from 2023 to 2029. The market is mainly driven by the significant applications of Industrial Air Cooled Chiller in various end use industries. The expanding demands from the Die Casting, Chemicals, Pharmaceuticals and Food and Beverages, are propelling Industrial Air Cooled Chiller market. Portable, 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 Stationary segment is estimated at % CAGR for the next seven-year period.
With the rapid development of the manufacturing industry, the demand for industrial refrigeration systems has gradually increased. Industrial refrigeration systems can be used in many industries such as steel, petrochemicals, pharmaceuticals, food, chemicals, etc. to provide refrigeration and air conditioning services for production in these industries. The demand for the refrigeration system industry is increasing in the international market. The global industrial refrigeration market size is estimated to be USD 21.4 billion in 2022. The growth of the industrial refrigeration systems market is mainly influenced by factors such as technological advancement, environmental protection, energy conservation and emission reduction. With the continuous development of technology, new refrigeration technologies and equipments are emerging, which makes the efficiency and reliability of industrial refrigeration systems improve. At the same time, increased awareness of environmental protection and energy conservation and emission reduction has also prompted the development of industrial refrigeration systems in the direction of greater energy efficiency and environmental protection.
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 Industrial Air Cooled Chiller, 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 Industrial Air Cooled Chiller 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 Industrial Air Cooled Chiller market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Industrial Air Cooled Chiller 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 Industrial Air Cooled Chiller covered in this report include Carrier Corporation, Daikin Industries, Ingersoll Rand, Johnson Controls, Mitsubishi Electric Corporation, Airedale Cooling Services, Blue Star, Fujitsu General and Haier Group Corporation, etc.
The global Industrial Air Cooled Chiller market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Carrier Corporation
Daikin Industries
Ingersoll Rand
Johnson Controls
Mitsubishi Electric Corporation
Airedale Cooling Services
Blue Star
Fujitsu General
Haier Group Corporation
Midea Group
Global Industrial Air Cooled Chiller 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 Industrial Air Cooled Chiller market, Segment by Type:
Portable
Stationary
Global Industrial Air Cooled Chiller market, by Application
Die Casting
Chemicals
Pharmaceuticals
Food and Beverages
Others
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 Industrial Air Cooled Chiller manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Industrial Air Cooled Chiller 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 Industrial Air Cooled Chiller Market Overview
1.1 Industrial Air Cooled Chiller Product Overview
1.2 Industrial Air Cooled Chiller Market Segment by Type
1.2.1 Portable
1.2.2 Stationary
1.3 Global Industrial Air Cooled Chiller Market Size by Type
1.3.1 Global Industrial Air Cooled Chiller Market Size Overview by Type (2018-2029)
1.3.2 Global Industrial Air Cooled Chiller Historic Market Size Review by Type (2018-2023)
1.3.3 Global Industrial Air Cooled Chiller Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Industrial Air Cooled Chiller Sales Breakdown by Type (2018-2023)
1.4.2 Europe Industrial Air Cooled Chiller Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Industrial Air Cooled Chiller Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Industrial Air Cooled Chiller Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Industrial Air Cooled Chiller Sales Breakdown by Type (2018-2023)
2 Global Industrial Air Cooled Chiller Market Competition by Company
2.1 Global Top Players by Industrial Air Cooled Chiller Sales (2018-2023)
2.2 Global Top Players by Industrial Air Cooled Chiller Revenue (2018-2023)
2.3 Global Top Players by Industrial Air Cooled Chiller Price (2018-2023)
2.4 Global Top Manufacturers Industrial Air Cooled Chiller Manufacturing Base Distribution, Sales Area, Product Type
2.5 Industrial Air Cooled Chiller Market Competitive Situation and Trends
2.5.1 Industrial Air Cooled Chiller Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Industrial Air Cooled Chiller 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 Industrial Air Cooled Chiller as of 2022)
2.7 Date of Key Manufacturers Enter into Industrial Air Cooled Chiller Market
2.8 Key Manufacturers Industrial Air Cooled Chiller Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Industrial Air Cooled Chiller Status and Outlook by Region
3.1 Global Industrial Air Cooled Chiller Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Industrial Air Cooled Chiller Historic Market Size by Region
3.2.1 Global Industrial Air Cooled Chiller Sales in Volume by Region (2018-2023)
3.2.2 Global Industrial Air Cooled Chiller Sales in Value by Region (2018-2023)
3.2.3 Global Industrial Air Cooled Chiller Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Industrial Air Cooled Chiller Forecasted Market Size by Region
3.3.1 Global Industrial Air Cooled Chiller Sales in Volume by Region (2024-2029)
3.3.2 Global Industrial Air Cooled Chiller Sales in Value by Region (2024-2029)
3.3.3 Global Industrial Air Cooled Chiller Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Industrial Air Cooled Chiller by Application
4.1 Industrial Air Cooled Chiller Market Segment by Application
4.1.1 Die Casting
4.1.2 Chemicals
4.1.3 Pharmaceuticals
4.1.4 Food and Beverages
4.1.5 Others
4.2 Global Industrial Air Cooled Chiller Market Size by Application
4.2.1 Global Industrial Air Cooled Chiller Market Size Overview by Application (2018-2029)
4.2.2 Global Industrial Air Cooled Chiller Historic Market Size Review by Application (2018-2023)
4.2.3 Global Industrial Air Cooled Chiller Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Industrial Air Cooled Chiller Sales Breakdown by Application (2018-2023)
4.3.2 Europe Industrial Air Cooled Chiller Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Industrial Air Cooled Chiller Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Industrial Air Cooled Chiller Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Industrial Air Cooled Chiller Sales Breakdown by Application (2018-2023)
5 North America Industrial Air Cooled Chiller by Country
5.1 North America Industrial Air Cooled Chiller Historic Market Size by Country
5.1.1 North America Industrial Air Cooled Chiller Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Industrial Air Cooled Chiller Sales in Volume by Country (2018-2023)
5.1.3 North America Industrial Air Cooled Chiller Sales in Value by Country (2018-2023)
5.2 North America Industrial Air Cooled Chiller Forecasted Market Size by Country
5.2.1 North America Industrial Air Cooled Chiller Sales in Volume by Country (2024-2029)
5.2.2 North America Industrial Air Cooled Chiller Sales in Value by Country (2024-2029)
6 Europe Industrial Air Cooled Chiller by Country
6.1 Europe Industrial Air Cooled Chiller Historic Market Size by Country
6.1.1 Europe Industrial Air Cooled Chiller Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Industrial Air Cooled Chiller Sales in Volume by Country (2018-2023)
6.1.3 Europe Industrial Air Cooled Chiller Sales in Value by Country (2018-2023)
6.2 Europe Industrial Air Cooled Chiller Forecasted Market Size by Country
6.2.1 Europe Industrial Air Cooled Chiller Sales in Volume by Country (2024-2029)
6.2.2 Europe Industrial Air Cooled Chiller Sales in Value by Country (2024-2029)
7 Asia-Pacific Industrial Air Cooled Chiller by Region
7.1 Asia-Pacific Industrial Air Cooled Chiller Historic Market Size by Region
7.1.1 Asia-Pacific Industrial Air Cooled Chiller Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Industrial Air Cooled Chiller Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Industrial Air Cooled Chiller Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Industrial Air Cooled Chiller Forecasted Market Size by Region
7.2.1 Asia-Pacific Industrial Air Cooled Chiller Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Industrial Air Cooled Chiller Sales in Value by Region (2024-2029)
8 Latin America Industrial Air Cooled Chiller by Country
8.1 Latin America Industrial Air Cooled Chiller Historic Market Size by Country
8.1.1 Latin America Industrial Air Cooled Chiller Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Industrial Air Cooled Chiller Sales in Volume by Country (2018-2023)
8.1.3 Latin America Industrial Air Cooled Chiller Sales in Value by Country (2018-2023)
8.2 Latin America Industrial Air Cooled Chiller Forecasted Market Size by Country
8.2.1 Latin America Industrial Air Cooled Chiller Sales in Volume by Country (2024-2029)
8.2.2 Latin America Industrial Air Cooled Chiller Sales in Value by Country (2024-2029)
9 Middle East and Africa Industrial Air Cooled Chiller by Country
9.1 Middle East and Africa Industrial Air Cooled Chiller Historic Market Size by Country
9.1.1 Middle East and Africa Industrial Air Cooled Chiller Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Industrial Air Cooled Chiller Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Industrial Air Cooled Chiller Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Industrial Air Cooled Chiller Forecasted Market Size by Country
9.2.1 Middle East and Africa Industrial Air Cooled Chiller Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Industrial Air Cooled Chiller Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Carrier Corporation
10.1.1 Carrier Corporation Company Information
10.1.2 Carrier Corporation Introduction and Business Overview
10.1.3 Carrier Corporation Industrial Air Cooled Chiller Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Carrier Corporation Industrial Air Cooled Chiller Products Offered
10.1.5 Carrier Corporation Recent Development
10.2 Daikin Industries
10.2.1 Daikin Industries Company Information
10.2.2 Daikin Industries Introduction and Business Overview
10.2.3 Daikin Industries Industrial Air Cooled Chiller Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Daikin Industries Industrial Air Cooled Chiller Products Offered
10.2.5 Daikin Industries Recent Development
10.3 Ingersoll Rand
10.3.1 Ingersoll Rand Company Information
10.3.2 Ingersoll Rand Introduction and Business Overview
10.3.3 Ingersoll Rand Industrial Air Cooled Chiller Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Ingersoll Rand Industrial Air Cooled Chiller Products Offered
10.3.5 Ingersoll Rand Recent Development
10.4 Johnson Controls
10.4.1 Johnson Controls Company Information
10.4.2 Johnson Controls Introduction and Business Overview
10.4.3 Johnson Controls Industrial Air Cooled Chiller Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Johnson Controls Industrial Air Cooled Chiller Products Offered
10.4.5 Johnson Controls Recent Development
10.5 Mitsubishi Electric Corporation
10.5.1 Mitsubishi Electric Corporation Company Information
10.5.2 Mitsubishi Electric Corporation Introduction and Business Overview
10.5.3 Mitsubishi Electric Corporation Industrial Air Cooled Chiller Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Mitsubishi Electric Corporation Industrial Air Cooled Chiller Products Offered
10.5.5 Mitsubishi Electric Corporation Recent Development
10.6 Airedale Cooling Services
10.6.1 Airedale Cooling Services Company Information
10.6.2 Airedale Cooling Services Introduction and Business Overview
10.6.3 Airedale Cooling Services Industrial Air Cooled Chiller Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Airedale Cooling Services Industrial Air Cooled Chiller Products Offered
10.6.5 Airedale Cooling Services Recent Development
10.7 Blue Star
10.7.1 Blue Star Company Information
10.7.2 Blue Star Introduction and Business Overview
10.7.3 Blue Star Industrial Air Cooled Chiller Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Blue Star Industrial Air Cooled Chiller Products Offered
10.7.5 Blue Star Recent Development
10.8 Fujitsu General
10.8.1 Fujitsu General Company Information
10.8.2 Fujitsu General Introduction and Business Overview
10.8.3 Fujitsu General Industrial Air Cooled Chiller Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Fujitsu General Industrial Air Cooled Chiller Products Offered
10.8.5 Fujitsu General Recent Development
10.9 Haier Group Corporation
10.9.1 Haier Group Corporation Company Information
10.9.2 Haier Group Corporation Introduction and Business Overview
10.9.3 Haier Group Corporation Industrial Air Cooled Chiller Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Haier Group Corporation Industrial Air Cooled Chiller Products Offered
10.9.5 Haier Group Corporation Recent Development
10.10 Midea Group
10.10.1 Midea Group Company Information
10.10.2 Midea Group Introduction and Business Overview
10.10.3 Midea Group Industrial Air Cooled Chiller Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Midea Group Industrial Air Cooled Chiller Products Offered
10.10.5 Midea Group Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Industrial Air Cooled Chiller 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 Industrial Air Cooled Chiller Industrial Chain Analysis
11.4 Industrial Air Cooled Chiller Market Dynamics
11.4.1 Industrial Air Cooled Chiller Industry Trends
11.4.2 Industrial Air Cooled Chiller Market Drivers
11.4.3 Industrial Air Cooled Chiller Market Challenges
11.4.4 Industrial Air Cooled Chiller Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Industrial Air Cooled Chiller Distributors
12.3 Industrial Air Cooled Chiller 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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