A water chiller is a mechanical device used to facilitate heat exchange from water to a refrigerant in a closed loop system. Chillers have widespread industrial applications. They are also in huge demand in the Beverages, Plastics, and Medical industries. Chillers are available in different sizes and cooling capacities and have a range of energy consumption levels to meet the requirements of end-users.
US sales of water chiller was about 77627 units in 2015, and will reach to 81250 units in 2016. From 2011 to 2015, the annual growth rate was about 5.56%.
The major brands include Trane (Ingersoll-Rand), Carrier, Parker Hannifin , Lennox, Dimplex \\, Thermal Solutions, EcoChillers., Thermal Care, SMC and Dinkin (McQuay), these companies occupied above 60% market share. And the top five players occupied about 50% market share.
Plastics & Rubber and Food Processing are the largest consumption field, occupied above 45% market share. Centrifugal chillers and reciprocating chillers are major product type, and have about 63 market share.
In the future, the growth rate will be about 5.52%, and the production will reach to 106267 units in 2021. Finally, although sales of water chiller products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the Water chiller field hastily.
The report offers detailed coverage of Water Chiller industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Water Chiller by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Water Chiller market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Water Chiller market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Carrier
Parker Hannifin
Lennox
Dimplex Thermal Solutions
EcoChillers
Thermal Care
SMC
Dinkin (McQuay)
Lytron Chillers
Mammoth
Toshiba
Bosch
Advantage Engineering
Mitsubshi
Filtrine
Fluid Chillers
Budzar Industries
Legacy Chiller Systems USA
Cold Shot Chillers
General Air Products
Dry Coolers
Orion Machinery
At the same time, we classify Water Chiller according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Screw Chillers
Centrifugal Chillers
Reciprocating Chillers
Other
Market by Application
Medical
Chemical & Pharmaceutical
Plastics & Rubber
Metal forming
Food Processing
Other
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Water Chiller market for the forecast period 2021 - 2025?
• What are the driving forces in the Water Chiller market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Water Chiller industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?