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Modular Chillers-Global Market Insights and Sales Trends 2024
Synopsis
A typical modular chiller unit uses tandem fixed-speed compressors to provide some part-load capability for the modular system. These units share the same water system to provide cooled or heated water to the building.The key factors driving the modular chillers market include growth in the construction industry, increasing demand for compact cooling equipment in the HVAC & refrigeration industry, rising demand for energy-efficient solutions, and favorable government regulations.
The global Modular Chillers market size is expected to reach US$ 3093.8 million by 2029, growing at a CAGR of 3.4% from 2023 to 2029. The market is mainly driven by the significant applications of Modular Chillers in various end use industries. The expanding demands from the Commercial, Industrial and Residential,, are propelling Modular Chillers market. Air-Cooled, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Water-Cooled segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Modular Chillers market, driven by demand from China, the second largest economy with some signs of stabilising, the Modular Chillers market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Modular Chillers, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Modular Chillers market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Modular Chillers market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Modular Chillers sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Modular Chillers covered in this report include Carrier, McQuay Air-Conditioning, Johnson Controls- Hitachi, Midea, Ingersoll Rand, Gree, Frigel Firenze, Mitsubishi Electric and Multistack, etc.
The global Modular Chillers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Carrier
McQuay Air-Conditioning
Johnson Controls- Hitachi
Midea
Ingersoll Rand
Gree
Frigel Firenze
Mitsubishi Electric
Multistack
Haier
Aermec
Climacool
LG Electronics
Suzhou Sujing Bush Refrigeration Equipment
Tica Climate Solutions
Withair Industries
Global Modular Chillers market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Modular Chillers market, Segment by Type:
Air-Cooled
Water-Cooled
Global Modular Chillers market, by Application
Commercial
Industrial
Residential
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Modular Chillers manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Modular Chillers in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A typical modular chiller unit uses tandem fixed-speed compressors to provide some part-load capability for the modular system. These units share the same water system to provide cooled or heated water to the building.The key factors driving the modular chillers market include growth in the construction industry, increasing demand for compact cooling equipment in the HVAC & refrigeration industry, rising demand for energy-efficient solutions, and favorable government regulations.
The global Modular Chillers market size is expected to reach US$ 3093.8 million by 2029, growing at a CAGR of 3.4% from 2023 to 2029. The market is mainly driven by the significant applications of Modular Chillers in various end use industries. The expanding demands from the Commercial, Industrial and Residential,, are propelling Modular Chillers market. Air-Cooled, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Water-Cooled segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Modular Chillers market, driven by demand from China, the second largest economy with some signs of stabilising, the Modular Chillers market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Modular Chillers, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Modular Chillers market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Modular Chillers market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Modular Chillers sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Modular Chillers covered in this report include Carrier, McQuay Air-Conditioning, Johnson Controls- Hitachi, Midea, Ingersoll Rand, Gree, Frigel Firenze, Mitsubishi Electric and Multistack, etc.
The global Modular Chillers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Carrier
McQuay Air-Conditioning
Johnson Controls- Hitachi
Midea
Ingersoll Rand
Gree
Frigel Firenze
Mitsubishi Electric
Multistack
Haier
Aermec
Climacool
LG Electronics
Suzhou Sujing Bush Refrigeration Equipment
Tica Climate Solutions
Withair Industries
Global Modular Chillers market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Modular Chillers market, Segment by Type:
Air-Cooled
Water-Cooled
Global Modular Chillers market, by Application
Commercial
Industrial
Residential
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Modular Chillers manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Modular Chillers in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Modular Chillers Market Overview
1.1 Modular Chillers Product Overview
1.2 Modular Chillers Market Segment by Type
1.2.1 Air-Cooled
1.2.2 Water-Cooled
1.3 Global Modular Chillers Market Size by Type
1.3.1 Global Modular Chillers Market Size Overview by Type (2018-2029)
1.3.2 Global Modular Chillers Historic Market Size Review by Type (2018-2023)
1.3.3 Global Modular Chillers Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Modular Chillers Sales Breakdown by Type (2018-2023)
1.4.2 Europe Modular Chillers Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Modular Chillers Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Modular Chillers Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Modular Chillers Sales Breakdown by Type (2018-2023)
2 Global Modular Chillers Market Competition by Company
2.1 Global Top Players by Modular Chillers Sales (2018-2023)
2.2 Global Top Players by Modular Chillers Revenue (2018-2023)
2.3 Global Top Players by Modular Chillers Price (2018-2023)
2.4 Global Top Manufacturers Modular Chillers Manufacturing Base Distribution, Sales Area, Product Type
2.5 Modular Chillers Market Competitive Situation and Trends
2.5.1 Modular Chillers Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Modular Chillers Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Modular Chillers as of 2022)
2.7 Date of Key Manufacturers Enter into Modular Chillers Market
2.8 Key Manufacturers Modular Chillers Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Modular Chillers Status and Outlook by Region
3.1 Global Modular Chillers Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Modular Chillers Historic Market Size by Region
3.2.1 Global Modular Chillers Sales in Volume by Region (2018-2023)
3.2.2 Global Modular Chillers Sales in Value by Region (2018-2023)
3.2.3 Global Modular Chillers Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Modular Chillers Forecasted Market Size by Region
3.3.1 Global Modular Chillers Sales in Volume by Region (2024-2029)
3.3.2 Global Modular Chillers Sales in Value by Region (2024-2029)
3.3.3 Global Modular Chillers Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Modular Chillers by Application
4.1 Modular Chillers Market Segment by Application
4.1.1 Commercial
4.1.2 Industrial
4.1.3 Residential
4.2 Global Modular Chillers Market Size by Application
4.2.1 Global Modular Chillers Market Size Overview by Application (2018-2029)
4.2.2 Global Modular Chillers Historic Market Size Review by Application (2018-2023)
4.2.3 Global Modular Chillers Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Modular Chillers Sales Breakdown by Application (2018-2023)
4.3.2 Europe Modular Chillers Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Modular Chillers Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Modular Chillers Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Modular Chillers Sales Breakdown by Application (2018-2023)
5 North America Modular Chillers by Country
5.1 North America Modular Chillers Historic Market Size by Country
5.1.1 North America Modular Chillers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Modular Chillers Sales in Volume by Country (2018-2023)
5.1.3 North America Modular Chillers Sales in Value by Country (2018-2023)
5.2 North America Modular Chillers Forecasted Market Size by Country
5.2.1 North America Modular Chillers Sales in Volume by Country (2024-2029)
5.2.2 North America Modular Chillers Sales in Value by Country (2024-2029)
6 Europe Modular Chillers by Country
6.1 Europe Modular Chillers Historic Market Size by Country
6.1.1 Europe Modular Chillers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Modular Chillers Sales in Volume by Country (2018-2023)
6.1.3 Europe Modular Chillers Sales in Value by Country (2018-2023)
6.2 Europe Modular Chillers Forecasted Market Size by Country
6.2.1 Europe Modular Chillers Sales in Volume by Country (2024-2029)
6.2.2 Europe Modular Chillers Sales in Value by Country (2024-2029)
7 Asia-Pacific Modular Chillers by Region
7.1 Asia-Pacific Modular Chillers Historic Market Size by Region
7.1.1 Asia-Pacific Modular Chillers Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Modular Chillers Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Modular Chillers Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Modular Chillers Forecasted Market Size by Region
7.2.1 Asia-Pacific Modular Chillers Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Modular Chillers Sales in Value by Region (2024-2029)
8 Latin America Modular Chillers by Country
8.1 Latin America Modular Chillers Historic Market Size by Country
8.1.1 Latin America Modular Chillers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Modular Chillers Sales in Volume by Country (2018-2023)
8.1.3 Latin America Modular Chillers Sales in Value by Country (2018-2023)
8.2 Latin America Modular Chillers Forecasted Market Size by Country
8.2.1 Latin America Modular Chillers Sales in Volume by Country (2024-2029)
8.2.2 Latin America Modular Chillers Sales in Value by Country (2024-2029)
9 Middle East and Africa Modular Chillers by Country
9.1 Middle East and Africa Modular Chillers Historic Market Size by Country
9.1.1 Middle East and Africa Modular Chillers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Modular Chillers Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Modular Chillers Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Modular Chillers Forecasted Market Size by Country
9.2.1 Middle East and Africa Modular Chillers Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Modular Chillers Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Carrier
10.1.1 Carrier Company Information
10.1.2 Carrier Introduction and Business Overview
10.1.3 Carrier Modular Chillers Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Carrier Modular Chillers Products Offered
10.1.5 Carrier Recent Development
10.2 McQuay Air-Conditioning
10.2.1 McQuay Air-Conditioning Company Information
10.2.2 McQuay Air-Conditioning Introduction and Business Overview
10.2.3 McQuay Air-Conditioning Modular Chillers Sales, Revenue and Gross Margin (2018-2023)
10.2.4 McQuay Air-Conditioning Modular Chillers Products Offered
10.2.5 McQuay Air-Conditioning Recent Development
10.3 Johnson Controls- Hitachi
10.3.1 Johnson Controls- Hitachi Company Information
10.3.2 Johnson Controls- Hitachi Introduction and Business Overview
10.3.3 Johnson Controls- Hitachi Modular Chillers Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Johnson Controls- Hitachi Modular Chillers Products Offered
10.3.5 Johnson Controls- Hitachi Recent Development
10.4 Midea
10.4.1 Midea Company Information
10.4.2 Midea Introduction and Business Overview
10.4.3 Midea Modular Chillers Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Midea Modular Chillers Products Offered
10.4.5 Midea Recent Development
10.5 Ingersoll Rand
10.5.1 Ingersoll Rand Company Information
10.5.2 Ingersoll Rand Introduction and Business Overview
10.5.3 Ingersoll Rand Modular Chillers Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Ingersoll Rand Modular Chillers Products Offered
10.5.5 Ingersoll Rand Recent Development
10.6 Gree
10.6.1 Gree Company Information
10.6.2 Gree Introduction and Business Overview
10.6.3 Gree Modular Chillers Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Gree Modular Chillers Products Offered
10.6.5 Gree Recent Development
10.7 Frigel Firenze
10.7.1 Frigel Firenze Company Information
10.7.2 Frigel Firenze Introduction and Business Overview
10.7.3 Frigel Firenze Modular Chillers Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Frigel Firenze Modular Chillers Products Offered
10.7.5 Frigel Firenze Recent Development
10.8 Mitsubishi Electric
10.8.1 Mitsubishi Electric Company Information
10.8.2 Mitsubishi Electric Introduction and Business Overview
10.8.3 Mitsubishi Electric Modular Chillers Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Mitsubishi Electric Modular Chillers Products Offered
10.8.5 Mitsubishi Electric Recent Development
10.9 Multistack
10.9.1 Multistack Company Information
10.9.2 Multistack Introduction and Business Overview
10.9.3 Multistack Modular Chillers Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Multistack Modular Chillers Products Offered
10.9.5 Multistack Recent Development
10.10 Haier
10.10.1 Haier Company Information
10.10.2 Haier Introduction and Business Overview
10.10.3 Haier Modular Chillers Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Haier Modular Chillers Products Offered
10.10.5 Haier Recent Development
10.11 Aermec
10.11.1 Aermec Company Information
10.11.2 Aermec Introduction and Business Overview
10.11.3 Aermec Modular Chillers Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Aermec Modular Chillers Products Offered
10.11.5 Aermec Recent Development
10.12 Climacool
10.12.1 Climacool Company Information
10.12.2 Climacool Introduction and Business Overview
10.12.3 Climacool Modular Chillers Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Climacool Modular Chillers Products Offered
10.12.5 Climacool Recent Development
10.13 LG Electronics
10.13.1 LG Electronics Company Information
10.13.2 LG Electronics Introduction and Business Overview
10.13.3 LG Electronics Modular Chillers Sales, Revenue and Gross Margin (2018-2023)
10.13.4 LG Electronics Modular Chillers Products Offered
10.13.5 LG Electronics Recent Development
10.14 Suzhou Sujing Bush Refrigeration Equipment
10.14.1 Suzhou Sujing Bush Refrigeration Equipment Company Information
10.14.2 Suzhou Sujing Bush Refrigeration Equipment Introduction and Business Overview
10.14.3 Suzhou Sujing Bush Refrigeration Equipment Modular Chillers Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Suzhou Sujing Bush Refrigeration Equipment Modular Chillers Products Offered
10.14.5 Suzhou Sujing Bush Refrigeration Equipment Recent Development
10.15 Tica Climate Solutions
10.15.1 Tica Climate Solutions Company Information
10.15.2 Tica Climate Solutions Introduction and Business Overview
10.15.3 Tica Climate Solutions Modular Chillers Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Tica Climate Solutions Modular Chillers Products Offered
10.15.5 Tica Climate Solutions Recent Development
10.16 Withair Industries
10.16.1 Withair Industries Company Information
10.16.2 Withair Industries Introduction and Business Overview
10.16.3 Withair Industries Modular Chillers Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Withair Industries Modular Chillers Products Offered
10.16.5 Withair Industries Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Modular Chillers Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Modular Chillers Industrial Chain Analysis
11.4 Modular Chillers Market Dynamics
11.4.1 Modular Chillers Industry Trends
11.4.2 Modular Chillers Market Drivers
11.4.3 Modular Chillers Market Challenges
11.4.4 Modular Chillers Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Modular Chillers Distributors
12.3 Modular Chillers Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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