Modular Chiller Market Size, Share & Industry Analysis, By Type (Air-cooled modular chiller, Water-cooled modular chiller), By Application (Industrial, Commercial, Residential) and Regional Forecasts, 2019-2032

The modular chillers Market 2025 is advancing with a focus on scalable and efficient cooling solutions. Modular chillers, designed for flexibility and ease of expansion, offer significant advantages in terms of energy efficiency and operational cost savings, making them ideal for large commercial and industrial cooling applications.

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List of the Companies Profiled in the Report:

  • Mitsubishi Electric Corporation (Tokyo, Japan)
  • Trane (Dublin, Ireland)
  • Carrier Corporation (Florida, U.S.)
  • LG Electronics (Seoul, Korea)
  • Daikin Industries, Ltd. (Osaka, Japan)
  • Nanjing tica climate solutions co., ltd (Nanjing, China)
  • Midea Group (Guangdong, China)
  • Gree Electric Appliances, Inc. of Zhuhai (Guangdong, China)
  • Haier Group (Shandong, China)
  • Frigel Firenze S.p.A. (Tuscany, Italy)

Segmentation:

By Type

  • Water-cooled modular chiller
  • Air-cooled modular chiller

By Application

  • Industrial
  • Commercial
  • Residential

Modular Chillers Market Drivers and Restraints:

Key Drives:

  • Increasing demand for energy-efficient HVAC systems in commercial buildings.
  • Growing adoption in data centers due to modular design flexibility.

Restraining Factors:

  • High initial investment costs.
  • Complexity in system integration and maintenance.

Report Coverage

The global modular chillers Industry size was valued at USD 3.82 billion in 2018 and is projected to reach USD 9.12 billion by 2032, exhibiting a CAGR of 6% during the forecast period. Asia Pacific dominated the modular chillers Industry with a Industry share of 39.79% in 2018.

The report provides:

  • Key growth drivers, challenges, opportunities, and potential barriers in the market.
  • Comprehensive insights into regional developments.
  • A list of major industry players.
  • Key strategies adopted by market leaders.
  • Recent industry developments, including product launches, partnerships, mergers, and acquisitions.

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Global Modular Chillers Market: Regional Segmentation:-

  • North America (USA & Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia & Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia & Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (GCC, South Africa & Rest of Middle East & Africa)

The information in this study is based on both primary and secondary research methods. The major research methodology comprises interactions with service providers, suppliers, and industry experts. The secondary research process entails a thorough search of relevant documents such as corporate annual reports, financial reports, and proprietary databases.

Key Industry Development

Trane (a business brand of Ingersoll Rand), acquired Arctic Chiller Group to expand the product portfolio of high-efficiency water-cooled and air-cooled modular chillers and magnetic bearing chillers for process cooling applications and commercial HVAC applications.

Carrier Corporation introduced the latest version of AquaSnap 30 MP, a water-cooled and condenserless modular chiller. 30 MP features an enhanced HVAC system to resolve difficult chilled-water systems.

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