Global Industrial Air Chiller Market Size study, by Product Type, by Application and Regional Forecasts 2022-2028

Description

List of Tables

Global Industrial Air Chiller Market is valued at approximately USD xxx billion in 2021 and is anticipated to grow with a healthy growth rate of more than xxx % over the forecast period 2022-2028. Industrial air chillers, commonly referred to as refrigeration systems, are used in industrial and commercial buildings to cool a process fluid or dehumidify air. Either an absorption cycle or a vapour compression is used in an industrial air chiller to cool the air. Industrial air chillers take in the heat produced by coolant water, industrial process water, or processing liquids like oil or glycol. Air blowers then disperse the heat into the surrounding atmosphere. The increasing need for process cooling in industrial settings, and expanding use of chillers solar cooling applications have led to the adoption of Industrial Air Chiller across the forecast period. For Instance: as per Statista in 2022, the HVAC (heating, ventilation, and air conditioning) market size in Asia was reported to be significantly larger than, for example, the United States, whereas Italy was reported to be Europe's largest HVAC market in 2018. Regional regulations and differences are major drivers of the HVAC industry. There is very little to no comparison information available on this competitive market as a result of these national variances. Also, the increasing use of mobile industrial air chillers, growing technological developments, and an increase in the effectiveness of industrial air chillers are likely to increase the market growth during the forecast period. However, expanding government restrictions on fluorinated greenhouse gases may impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Industrial Air Chiller market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the increasing need for process cooling in industrial settings and expanding use of chillers in solar cooling applications. Whereas, Europe is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as increasing use of mobile industrial air chillers and growing technological developments and an increase in the effectiveness of industrial air chillers would create lucrative growth prospects for the Industrial Air Chiller market across European region.

Major market players included in this report are:

Carrier Corporation

Daikin Industries, Ltd.

Ingersoll Rand Inc.

Johnson Controls International plc

Mitsubishi Electric Corporation

Airedale Cooling Services Ltd.

Blue Star Limited

Fujitsu General Limited

Haier Group Corporation

Midea Group

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:

Portable Air Cooled Chiller

Stationary Air Cooled Chiller

Closed-loop Air Chiller

Open-loop Air Chiller

By Application:

Die Casting

Chemicals

Pharmaceuticals

Food & Beverages

Rubber

Plastic

Medical & Pharmaceuticals

Oil & Gas

Others

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Industrial Air Chiller Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Industrial Air Chiller Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Industrial Air Chiller Market, by Product Type, 2020-2028 (USD Billion)
- 1.2.3. Industrial Air Chiller Market, by Application, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Industrial Air Chiller Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Industrial Air Chiller Market Dynamics

3.1. Industrial Air Chiller Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing need for process cooling in industrial settings
  - 3.1.1.2. Chiller use in solar cooling applications is expanding
- 3.1.2. Market Challenges
  - 3.1.2.1. Expanding government restrictions on fluorinated greenhouse gases
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing use of mobile industrial air chillers
  - 3.1.3.2. Growing technological developments and an increase in the effectiveness of industrial air chillers

Chapter 4. Global Industrial Air Chiller Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Industrial Air Chiller Market, by Product Type

6.1. Market Snapshot
6.2. Global Industrial Air Chiller Market by Product Type, Performance - Potential Analysis
6.3. Global Industrial Air Chiller Market Estimates & Forecasts by Product Type, 2018-2028 (USD Billion)
6.4. Industrial Air Chiller Market, Sub Segment Analysis
- 6.4.1. Portable Air Cooled Chiller
- 6.4.2. Stationary Air Cooled Chiller
- 6.4.3. Closed-loop Air Chiller
- 6.4.4. Open-loop Air Chiller

Chapter 7. Global Industrial Air Chiller Market, by Application

7.1. Market Snapshot
7.2. Global Industrial Air Chiller Market by Application, Performance - Potential Analysis
7.3. Global Industrial Air Chiller Market Estimates & Forecasts by Application, 2018-2028 (USD Billion)
7.4. Industrial Air Chiller Market, Sub Segment Analysis
- 7.4.1. Die Casting
- 7.4.2. Chemicals
- 7.4.3. Pharmaceuticals
- 7.4.4. Food & Beverages
- 7.4.5. Rubber
- 7.4.6. Plastic
- 7.4.7. Medical & Pharmaceuticals
- 7.4.8. Oil & Gas
- 7.4.9. Others

Chapter 8. Global Industrial Air Chiller Market, Regional Analysis

8.1. Industrial Air Chiller Market, Regional Market Snapshot
8.2. North America Industrial Air Chiller Market
- 8.2.1. U.S. Industrial Air Chiller Market
  - 8.2.1.1. Product Type breakdown estimates & forecasts, 2018-2028
  - 8.2.1.2. Application breakdown estimates & forecasts, 2018-2028
- 8.2.2. Canada Industrial Air Chiller Market
8.3. Europe Industrial Air Chiller Market Snapshot
- 8.3.1. U.K. Industrial Air Chiller Market
- 8.3.2. Germany Industrial Air Chiller Market
- 8.3.3. France Industrial Air Chiller Market
- 8.3.4. Spain Industrial Air Chiller Market
- 8.3.5. Italy Industrial Air Chiller Market
- 8.3.6. Rest of Europe Industrial Air Chiller Market
8.4. Asia-Pacific Industrial Air Chiller Market Snapshot
- 8.4.1. China Industrial Air Chiller Market
- 8.4.2. India Industrial Air Chiller Market
- 8.4.3. Japan Industrial Air Chiller Market
- 8.4.4. Australia Industrial Air Chiller Market
- 8.4.5. South Korea Industrial Air Chiller Market
- 8.4.6. Rest of Asia Pacific Industrial Air Chiller Market
8.5. Latin America Industrial Air Chiller Market Snapshot
- 8.5.1. Brazil Industrial Air Chiller Market
- 8.5.2. Mexico Industrial Air Chiller Market
8.6. Rest of The World Industrial Air Chiller Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Carrier Corporation
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. Daikin Industries, Ltd.
- 9.2.3. Ingersoll Rand Inc.
- 9.2.4. Johnson Controls International plc
- 9.2.5. Mitsubishi Electric Corporation
- 9.2.6. Airedale Cooling Services Ltd.
- 9.2.7. Blue Star Limited
- 9.2.8. Fujitsu General Limited
- 9.2.9. Haier Group Corporation
- 9.2.10. Midea Group

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Industrial Air Chiller market, report scope
TABLE 2. Global Industrial Air Chiller market estimates & forecasts by Region 2018-2028 (USD Billion)
TABLE 3. Global Industrial Air Chiller market estimates & forecasts by Product Type 2018-2028 (USD Billion)
TABLE 4. Global Industrial Air Chiller market estimates & forecasts by Application 2018-2028 (USD Billion)
TABLE 5. Global Industrial Air Chiller market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 6. Global Industrial Air Chiller market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 7. Global Industrial Air Chiller market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 8. Global Industrial Air Chiller market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 9. Global Industrial Air Chiller market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 10. Global Industrial Air Chiller market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 11. Global Industrial Air Chiller market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 12. Global Industrial Air Chiller market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 13. Global Industrial Air Chiller market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 14. Global Industrial Air Chiller market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 15. U.S. Industrial Air Chiller market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 16. U.S. Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 17. U.S. Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 18. Canada Industrial Air Chiller market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 19. Canada Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 20. Canada Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 21. UK Industrial Air Chiller market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 22. UK Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 23. UK Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 24. Germany Industrial Air Chiller market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 25. Germany Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 26. Germany Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 27. RoE Industrial Air Chiller market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 28. RoE Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 29. RoE Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 30. China Industrial Air Chiller market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 31. China Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 32. China Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 33. India Industrial Air Chiller market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 34. India Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 35. India Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 36. Japan Industrial Air Chiller market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 37. Japan Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 38. Japan Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 39. RoAPAC Industrial Air Chiller market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 40. RoAPAC Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 41. RoAPAC Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 42. Brazil Industrial Air Chiller market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 43. Brazil Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 44. Brazil Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 45. Mexico Industrial Air Chiller market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 46. Mexico Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 47. Mexico Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 48. RoLA Industrial Air Chiller market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 49. RoLA Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 50. RoLA Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 51. Row Industrial Air Chiller market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 52. Row Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 53. Row Industrial Air Chiller market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 54. List of secondary sources, used in the study of Global Industrial Air Chiller market
TABLE 55. List of primary sources, used in the study of Global Industrial Air Chiller market
TABLE 56. Years considered for the study
TABLE 57. Exchange rates considered

LIST OF FIGURES

List of figures

FIG 1. Global Industrial Air Chiller market, research methodology
FIG 2. Global Industrial Air Chiller market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Industrial Air Chiller market, key trends 2021
FIG 5. Global Industrial Air Chiller market, growth prospects 2022-2028
FIG 6. Global Industrial Air Chiller market, porters 5 force model
FIG 7. Global Industrial Air Chiller market, pest analysis
FIG 8. Global Industrial Air Chiller market, value chain analysis
FIG 9. Global Industrial Air Chiller market by segment, 2018 & 2028 (USD Billion)
FIG 10. Global Industrial Air Chiller market by segment, 2018 & 2028 (USD Billion)
FIG 11. Global Industrial Air Chiller market by segment, 2018 & 2028 (USD Billion)
FIG 12. Global Industrial Air Chiller market by segment, 2018 & 2028 (USD Billion)
FIG 13. Global Industrial Air Chiller market by segment, 2018 & 2028 (USD Billion)
FIG 14. Global Industrial Air Chiller market, regional snapshot 2018 & 2028
FIG 15. North America Industrial Air Chiller market 2018 & 2028 (USD Billion)
FIG 16. Europe Industrial Air Chiller market 2018 & 2028 (USD Billion)
FIG 17. Asia Pacific Industrial Air Chiller market 2018 & 2028 (USD Billion)
FIG 18. Latin America Industrial Air Chiller market 2018 & 2028 (USD Billion)
FIG 19. Global Industrial Air Chiller market, company market share analysis (2021)