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The Europe chiller market reached around USD 1.88 billion in 2023. The market is projected to grow at a CAGR of 5.2% between 2024 and 2032, reaching almost USD 2.96 billion by 2032.
Europe Chiller Market Report Summary | Description | Value |
Base Year | USD Billion | 2023 |
Historical Period | USD Billion | 2018-2023 |
Forecast Period | USD Billion | 2024-2032 |
Market Size 2023 | USD Billion | 1.88 |
Market Size 2032 | USD Billion | 2.96 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 5.2% |
CAGR 2024-2032 - Market by Region | Germany | 5.9% |
CAGR 2024-2032 - Market by Region | Italy | 5.6% |
CAGR 2024-2032 - Market by Type of Cooling | Water Cooled | 5.9% |
CAGR 2024-2032 - Market by End Use | Food and Beverage | 5.9% |
Market Share by Country | United Kingdom | 11.6% |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Chiller Market Overview
8.1 Key Industry Highlights
8.2 Global Chiller Historical Market (2018-2023)
8.3 Global Chiller Market Forecast (2024-2032)
8.4 Global Chiller Market Breakup by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Europe Chiller Market Overview
9.1 Key Industry Highlights
9.2 Europe Chiller Historical Market (2018-2023)
9.3 Europe Chiller Market Forecast (2024-2032)
10 Europe Chiller Market by Type of Cooling
10.1 Water Cooled
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Air Cooled
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Europe Chiller Market by Compressor Type
11.1 Screw Chillers
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Scroll Chillers
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Reciprocating Chillers
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Centrifugal Chillers
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Absorption Chillers
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
12 Europe Chiller Market by End Use
12.1 Food and Beverage
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Chemicals and Petrochemicals
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Medical and Pharmaceutical
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Plastics
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Others
13 Europe Chiller Market by Country
13.1 United Kingdom
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Germany
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 France
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Italy
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Daikin Industries Ltd.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Carrier Global Corp.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 LG Corp.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Johnson Controls International Plc
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Trane Technologies Plc
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Aermec S.p.A.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Panasonic Holdings Corp.
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Mitsubishi Electric Corporation
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Midea Group Co. Ltd.
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 HYDAC International GmbH
17.2.10.1 Company Overview
17.2.10.2 Product Portfolio
17.2.10.3 Demographic Reach and Achievements
17.2.10.4 Certifications
17.2.11 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Chiller Market: Key Industry Highlights, 2018 and 2032
2. Europe Chiller Market: Key Industry Highlights, 2018 and 2032
3. Europe Chiller Historical Market: Breakup by Type of Cooling (USD Billion), 2018-2023
4. Europe Chiller Market Forecast: Breakup by Type of Cooling (USD Billion), 2024-2032
5. Europe Chiller Historical Market: Breakup by Compressor Type (USD Billion), 2018-2023
6. Europe Chiller Market Forecast: Breakup by Compressor Type (USD Billion), 2024-2032
7. Europe Chiller Historical Market: Breakup by End Use (USD Billion), 2018-2023
8. Europe Chiller Market Forecast: Breakup by End Use (USD Billion), 2024-2032
9. Europe Chiller Historical Market: Breakup by Country (USD Billion), 2018-2023
10. Europe Chiller Market Forecast: Breakup by Country (USD Billion), 2024-2032
11. Europe Chiller Market Structure
The market reached nearly USD 1.88 billion in 2023.
The market is projected to grow at a CAGR of 5.2% between 2024 and 2032.
The market is assessed to witness a healthy growth in the forecast period to reach around USD 2.96 billion in 2032.
The different compressor types in the market include screw chillers, scroll chillers, reciprocating chillers, centrifugal chillers, and absorption chillers.
The different end uses of compressors are food and beverage, chemicals and petrochemicals, medical and pharmaceutical, and plastics, among others.
The major types of cooling considered in the market include water cooled and air cooled.
The different countries covered in the market report are Germany, the United Kingdom, France, and Italy, among others.
The key market players are Daikin Industries Ltd., Carrier Global Corp., LG Corp., Johnson Controls International Plc, Trane Technologies Plc, Aermec S.p.A., Panasonic Holdings Corp., Mitsubishi Electric Corporation, Midea Group Co. Ltd., and HYDAC International GmbH, among others.
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