Centrifugal Chillers Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Centrifugal chiller Market size is expected to reach US $ 12,670 million in 2028, reaching a CAGR of 4% from 2022 to 2028. Centrifugal chiller systems play an important role in commercial and industrial cooling and refrigeration systems. Centrifugal chiller systems help maintain continuous temperature to support industrial institutions and provide water supply to various end-use industries such as food processing, automotive, commercial buildings, etc. Centrifugal chiller systems are used to cool large commercial buildings. The centrifugal cooling system uses a water cooling steam compression cycle and rejects the cold water and heat that is collected from the cooling tower. Most centrifugal chiller systems use sealed induction motors or open drives to drive compressors.

 

Company Profile

• Johnson Controls
• Daikin Applied
• ADVANCE INDUSTRIAL REFRIGERATION
• LG Electronics
• Trane
• Blue Star Limited
• Carrier Corporation
• Dunham-Bush Americas

 

Market Segmentation

By Type:

• Air Cooled
• Water Cooling

By Application:

• Commercial
• Industrial

 

Scope of the Report

The research study analyzes the Centrifugal Chillers Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

 

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

 

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

 

Key Questions Answered by Centrifugal Chillers Market Report

 

1. What was the Centrifugal Chillers Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Centrifugal Chillers Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Centrifugal Chillers Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.