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Global Chiller Market Size By Segmentations, Top Key Players, Trend, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 11/23/2022
  • NO OF PAGES
  • 240
  • CATEGORY
  • Heavy Industry
The competitive landscape analysis of Chiller Market uncovers detailed company profiles, revenue shares, portfolio innovations, regional product footprint, key developmental strategies, pricing structure, target markets, and near-term plans of market leaders. This entire section helps readers gain an essence of what is driving competition and what would help them stand out to win new target markets.

Market estimates and forecast are backed by an extensive primary research, further complemented by on-point secondary research of Chiller Market. The research analysts have invested significant time and effort in gathering critical industry information from KIPs such as OEMs, top suppliers and distributors, and government bodies.

Market Segmentations:
Global Chiller Market: Top Key Players
Guangzhou Teyu Electromechanical
Mirapro
Shinwa Controls
Multistack
Rexxam
Lytron Inc
SMC
CustomChill, Inc.
Thermonics Chillers
Legacy Chiller Systems, Inc.
WEXTEN
Maruyama Chillers Corporation
Whaley Products
Opti Temp, Inc
Wuxi Word Precision Industry Co., Ltd.
LNEYA
Chaoneng
TopChiller
Mydax
Chiller Breakdown Data by Type
Air Cooling
Water Cooling
Water Cooling had a market share of 61% in 2018.
Chiller Breakdown Data by Application
Semiconductor Equipment
Industrial Use
Others
Industrial Use is the greatest segment of Chiller application, with a share of 76% in 2018.


Global Chiller Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

Reasons to Purchase Chiller Market Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come

Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Chiller Revenue
1.4 Market Analysis by Type
1.4.1 Global Chiller Market Size Growth Rate by Type: 2022 VS 2030
1.4.2 Air Cooling
1.4.3 Water Cooling
1.5 Market by Application
1.5.1 Global Chiller Market Share by Application: 2022 VS 2030
1.5.2 Semiconductor Equipment
1.5.3 Industrial Use
1.5.4 Others
1.6 Coronavirus Disease 2019 (Covid-19): Chiller Industry Impact
1.6.1 How the Covid-19 is Affecting the Chiller Industry
1.6.1.1 Chiller Business Impact Assessment - Covid-19
1.6.1.2 Supply Chain Challenges
1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products
1.6.2 Market Trends and Chiller Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.6.3.2 Proposal for Chiller Players to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered

2 Global Growth Trends by Regions
2.1 Chiller Market Perspective (2016-2030)
2.2 Chiller Growth Trends by Regions
2.2.1 Chiller Market Size by Regions: 2016 VS 2022 VS 2030
2.2.2 Chiller Historic Market Share by Regions (2016-2021)
2.2.3 Chiller Forecasted Market Size by Regions (2022-2030)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porter’s Five Forces Analysis
2.3.5 Chiller Market Growth Strategy
2.3.6 Primary Interviews with Key Chiller Players (Opinion Leaders)

3 Competition Landscape by Key Players
3.1 Global Top Chiller Players by Market Size
3.1.1 Global Top Chiller Players by Revenue (2016-2021)
3.1.2 Global Chiller Revenue Market Share by Players (2016-2021)
3.1.3 Global Chiller Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Chiller Market Concentration Ratio
3.2.1 Global Chiller Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Chiller Revenue in 2021
3.3 Chiller Key Players Head office and Area Served
3.4 Key Players Chiller Product Solution and Service
3.5 Date of Enter into Chiller Market
3.6 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type (2016-2030)
4.1 Global Chiller Historic Market Size by Type (2016-2021)
4.2 Global Chiller Forecasted Market Size by Type (2022-2030)

5 Chiller Breakdown Data by Application (2016-2030)
5.1 Global Chiller Market Size by Application (2016-2021)
5.2 Global Chiller Forecasted Market Size by Application (2022-2030)

6 North America
6.1 North America Chiller Market Size (2016-2021)
6.2 Chiller Key Players in North America (2016-2021)
6.3 North America Chiller Market Size by Type (2016-2021)
6.4 North America Chiller Market Size by Application (2016-2021)

7 Europe
7.1 Europe Chiller Market Size (2016-2021)
7.2 Chiller Key Players in Europe (2016-2021)
7.3 Europe Chiller Market Size by Type (2016-2021)
7.4 Europe Chiller Market Size by Application (2016-2021)

8 China
8.1 China Chiller Market Size (2016-2021)
8.2 Chiller Key Players in China (2016-2021)
8.3 China Chiller Market Size by Type (2016-2021)
8.4 China Chiller Market Size by Application (2016-2021)

9 Japan
9.1 Japan Chiller Market Size (2016-2021)
9.2 Chiller Key Players in Japan (2016-2021)
9.3 Japan Chiller Market Size by Type (2016-2021)
9.4 Japan Chiller Market Size by Application (2016-2021)

10 Key Players Profiles
10.1 Guangzhou Teyu Electromechanical
10.1.1 Guangzhou Teyu Electromechanical Company Details
10.1.2 Guangzhou Teyu Electromechanical Business Overview and Its Total Revenue
10.1.3 Guangzhou Teyu Electromechanical Chiller Introduction
10.1.4 Guangzhou Teyu Electromechanical Revenue in Chiller Business (2016-2021)
10.1.5 Guangzhou Teyu Electromechanical Recent Development
10.2 Mirapro
10.2.1 Mirapro Company Details
10.2.2 Mirapro Business Overview and Its Total Revenue
10.2.3 Mirapro Chiller Introduction
10.2.4 Mirapro Revenue in Chiller Business (2016-2021)
10.2.5 Mirapro Recent Development
10.3 Shinwa Controls
10.3.1 Shinwa Controls Company Details
10.3.2 Shinwa Controls Business Overview and Its Total Revenue
10.3.3 Shinwa Controls Chiller Introduction
10.3.4 Shinwa Controls Revenue in Chiller Business (2016-2021)
10.3.5 Shinwa Controls Recent Development
10.4 Multistack
10.4.1 Multistack Company Details
10.4.2 Multistack Business Overview and Its Total Revenue
10.4.3 Multistack Chiller Introduction
10.4.4 Multistack Revenue in Chiller Business (2016-2021)
10.4.5 Multistack Recent Development
10.5 Rexxam
10.5.1 Rexxam Company Details
10.5.2 Rexxam Business Overview and Its Total Revenue
10.5.3 Rexxam Chiller Introduction
10.5.4 Rexxam Revenue in Chiller Business (2016-2021)
10.5.5 Rexxam Recent Development
10.6 Lytron Inc
10.6.1 Lytron Inc Company Details
10.6.2 Lytron Inc Business Overview and Its Total Revenue
10.6.3 Lytron Inc Chiller Introduction
10.6.4 Lytron Inc Revenue in Chiller Business (2016-2021)
10.6.5 Lytron Inc Recent Development
10.7 SMC
10.7.1 SMC Company Details
10.7.2 SMC Business Overview and Its Total Revenue
10.7.3 SMC Chiller Introduction
10.7.4 SMC Revenue in Chiller Business (2016-2021)
10.7.5 SMC Recent Development
10.8 CustomChill, Inc.
10.8.1 CustomChill, Inc. Company Details
10.8.2 CustomChill, Inc. Business Overview and Its Total Revenue
10.8.3 CustomChill, Inc. Chiller Introduction
10.8.4 CustomChill, Inc. Revenue in Chiller Business (2016-2021)
10.8.5 CustomChill, Inc. Recent Development
10.9 Thermonics Chillers
10.9.1 Thermonics Chillers Company Details
10.9.2 Thermonics Chillers Business Overview and Its Total Revenue
10.9.3 Thermonics Chillers Chiller Introduction
10.9.4 Thermonics Chillers Revenue in Chiller Business (2016-2021)
10.9.5 Thermonics Chillers Recent Development
10.10 Legacy Chiller Systems, Inc.
10.10.1 Legacy Chiller Systems, Inc. Company Details
10.10.2 Legacy Chiller Systems, Inc. Business Overview and Its Total Revenue
10.10.3 Legacy Chiller Systems, Inc. Chiller Introduction
10.10.4 Legacy Chiller Systems, Inc. Revenue in Chiller Business (2016-2021)
10.10.5 Legacy Chiller Systems, Inc. Recent Development
10.11 WEXTEN
10.11.1 WEXTEN Company Details
10.11.2 WEXTEN Business Overview and Its Total Revenue
10.11.3 WEXTEN Chiller Introduction
10.11.4 WEXTEN Revenue in Chiller Business (2016-2021)
10.11.5 WEXTEN Recent Development
10.12 Maruyama Chillers Corporation
10.12.1 Maruyama Chillers Corporation Company Details
10.12.2 Maruyama Chillers Corporation Business Overview and Its Total Revenue
10.12.3 Maruyama Chillers Corporation Chiller Introduction
10.12.4 Maruyama Chillers Corporation Revenue in Chiller Business (2016-2021)
10.12.5 Maruyama Chillers Corporation Recent Development
10.13 Whaley Products
10.13.1 Whaley Products Company Details
10.13.2 Whaley Products Business Overview and Its Total Revenue
10.13.3 Whaley Products Chiller Introduction
10.13.4 Whaley Products Revenue in Chiller Business (2016-2021)
10.13.5 Whaley Products Recent Development
10.14 Opti Temp, Inc
10.14.1 Opti Temp, Inc Company Details
10.14.2 Opti Temp, Inc Business Overview and Its Total Revenue
10.14.3 Opti Temp, Inc Chiller Introduction
10.14.4 Opti Temp, Inc Revenue in Chiller Business (2016-2021)
10.14.5 Opti Temp, Inc Recent Development
10.15 Wuxi Word Precision Industry Co., Ltd.
10.15.1 Wuxi Word Precision Industry Co., Ltd. Company Details
10.15.2 Wuxi Word Precision Industry Co., Ltd. Business Overview and Its Total Revenue
10.15.3 Wuxi Word Precision Industry Co., Ltd. Chiller Introduction
10.15.4 Wuxi Word Precision Industry Co., Ltd. Revenue in Chiller Business (2016-2021)
10.15.5 Wuxi Word Precision Industry Co., Ltd. Recent Development
10.16 LNEYA
10.16.1 LNEYA Company Details
10.16.2 LNEYA Business Overview and Its Total Revenue
10.16.3 LNEYA Chiller Introduction
10.16.4 LNEYA Revenue in Chiller Business (2016-2021)
10.16.5 LNEYA Recent Development
10.17 Chaoneng
10.17.1 Chaoneng Company Details
10.17.2 Chaoneng Business Overview and Its Total Revenue
10.17.3 Chaoneng Chiller Introduction
10.17.4 Chaoneng Revenue in Chiller Business (2016-2021)
10.17.5 Chaoneng Recent Development
10.18 TopChiller
10.18.1 TopChiller Company Details
10.18.2 TopChiller Business Overview and Its Total Revenue
10.18.3 TopChiller Chiller Introduction
10.18.4 TopChiller Revenue in Chiller Business (2016-2021)
10.18.5 TopChiller Recent Development
10.19 Mydax
10.19.1 Mydax Company Details
10.19.2 Mydax Business Overview and Its Total Revenue
10.19.3 Mydax Chiller Introduction
10.19.4 Mydax Revenue in Chiller Business (2016-2021)
10.19.5 Mydax Recent Development

11 Analyst's Viewpoints/Conclusions

12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.2 Data Source
12.2 Disclaimer
12.3 Author Details

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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