Los Angeles, CA -- (SBWire) -- 03/24/2019 --Heating, ventilation, and air conditioning (HVAC) chillers are equipment used to cool a building or an equipment. HVAC is an assembly of various types of equipment installed together to provide heating and cooling. It is also used in different industries to keep the machinery running by maintaining the temperature of the place where machines are installed.
One of the primary drivers for this market is the growing demand for district cooling. District cooling is replacing the traditional air cooling methods because of increased advantages like energy-saving, low environmental damage, and reduced maintenance needs. Furthermore, the increasing tourism market in nations of MEA and Asia has enhanced the construction of hotels and public infrastructure, which make extensive use of district cooling. HVAC chillers are one of the major facilities of district cooling. Also, the demand for airports, sports complexes, religious sites, and public infrastructure in the Southeast Asian countries will augment growth in the global HVAC chillers market during the forecast period.
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APAC dominates the HVAC chillers market over the forecast period. The increasing data centers, hotels, and office spaces are significantly promoting the growth of the HVAC chiller market in the region. Further, hospitals also make use of HVAC chillers for ventilation. Thus, growing healthcare concerns in APAC and increased accessibility to finance and insurance will boost market growth in APAC.
This report focuses on HVAC Chillers volume and value at global level, regional level and company level. From a global perspective, this report represents overall HVAC Chillers market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
DAIKIN INDUSTRIES
Ingersoll Rand (Trane)
Johnson Controls
LG Electronics
Mitsubishi Electric
United Technologies (Carrier)
Click to view Tables, Charts, Figures, TOC, and Companies Mentioned in the global HVAC Chillers market Report: https://www.qyresearch.com/index/detail/988365/global-hvac-chillers-depth-research-report
HVAC Chillers Market Segment by Regions
North America
Europe
China
Japan
HVAC Chillers Market Segment by Type
Screw Chillers
Scroll Chillers
Centrifugal Chillers
Others
HVAC Chillers Market Segment by Application
Industrial
Commercial
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HVAC Chillers Market by Evolution Situation with Study of Topmost Players, Current Trends, Revenue and Advancement by 2025
The global HVAC Chillers market is valued at 8800 million US$ in 2018 is expected to reach 11100 million US$ by the end of 2025, growing at a CAGR of 3.0% during 2019-2025.