An industrial air chiller is a refrigeration system that dehumidifies air in commercial and industrial facilities. The growing demand for process cooling in industrial applications is one of the major factors supporting the growth of the industrial air chiller market. However, the regulations related to the greenhouse gas emission might slow down the growth of this market.
MARKET DYNAMICS
Growing adoption industrial air chiller, the emerging economies of APAC, and increasing demand for air chillers in solar cooling applications are some of the significant factors driving the growth of the industrial air chiller market. However, the slow growth of air chillers in North America and Europe might hinder the growth of this market. The growing demand for absorption chillers is creating lucrative business opportunities for companies operating in the market.
MARKET SCOPE
The "Global Industrial Air Chiller Market Analysis to 2028" is a specialized and in-depth study of the industrial air chiller market with a special focus on the global market trend analysis. The report aims to provide an overview of industrial air chiller market with detailed market segmentation by type, end-use industry, and geography. The global industrial air chiller market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading industrial air chiller market players and offers key trends and opportunities in the industrial air chiller market.
MARKET SEGMENTATION
The global industrial air chiller market is segmented on the basis of type, end-use industry. Based on type, the market is segmented as portable air cooled chiller, stationary air cooled chiller, closed-loop air chiller, and open-loop air chiller. On the basis of end-use industry, the market is segmented as die casting, chemicals, pharmaceuticals, food and beverages, oil and gas, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global industrial air chiller market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The industrial air chiller market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting industrial air chiller market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the industrial air chiller market in these regions.
MARKET PLAYERS
The reports cover key developments in the industrial air chiller market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from industrial air chiller market are anticipated to lucrative growth opportunities in the future with the rising demand for industrial air chiller market. Below mentioned is the list of few companies engaged in the industrial air chiller market.
The report also includes the profiles of key industrial air chiller market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Airedale International Air Conditioning Ltd.
- Blue Star Limited
- Carrier
- Daikin Industries, Ltd.
- Dominion Chillers
- GEM Orion Machinery Private Limited
- Hiver Aircon Pvt.Ltd
- Johnson Controls International PLC
- Mitsubishi Electric Corporation
- Trane Technologies Company, LLC.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.