Market Research Report
Global Centrifugal Chiller Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application
|Published by||QYResearch||Product code||915917|
|Published||Content info||143 Pages
Delivery time: 2-3 business days
|Global Centrifugal Chiller Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application|
|Published: November 8, 2019||Content info: 143 Pages||
Centrifugal Chiller is a centrifugal compressor uses a rotating disk or impeller to force gas to the rim of the impeller, increasing the velocity of the gas; a diffuser converts the velocity energy to pressure energy, the chiller then uses the vapor compression cycle to chill water (or other fluids) and transfers the heat collected from the chilled water plus the heat from operating compressor to a second water loop that can be cooled by a Cooling Tower.
Global centrifugal chiller market is valued at $3.85 billion in 2018, citing a CAGR of 2.79% during the forecast period. The market is predominantly driven by a rising number of construction projects coupled with the growing demand for cooling equipment in industrial applications, according to P&S Intelligence.
Rising preference for smart connected devices has been observed to be one of the key trends in the market. This has led manufacturers to incorporate connected solutions in centrifugal chillers offering remote monitoring and preventive maintenance. Smart connected centrifugal chillers incorporate remote monitoring and cloud-based analysis tools, that enable service providers to gather data from equipment, analyze it and then notify customers of the best time to perform maintenance or make upgrades which reduce unplanned repairing costs and improve the operational efficiency of the centrifugal chiller. As a result, the popularity of smart connected centrifugal chillers is increasing in the centrifugal chiller market around the global.
This report studies the Centrifugal Chiller market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth rate of Centrifugal Chiller in these regions, from 2014 to 2025, covering
The Middle East and Africa
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The Centrifugal Chiller key manufacturers in this market include:
By the product type, the market is primarily split into:
By the end users/application, this report covers the following segments: