2023 Modular Chillers Market: Exploring the Size, Emerging Trends, Market Share, and Growth Factors
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Then you are at the right place because here you will find the report we have prepared on [No. of Pages:120] Modular Chillers Market shares and statistics challenges. It helps you to understand the entire aspects of Modular Chillers market like trends, notable developments, revenue, SWOT analysis, business share, forecast 2018-2026 and geographical outlook North America, Asia Pacific region, Europe, Middle East and Africa region with an extensive growth rate in Modular Chillers industry. Historical figures are also included. Key companies with their market volumes and revenues are listed for each of the regions.
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Modular Chiller Market size stood at USD 3.82 billion in 2018 and is anticipated to reach USD 6.13 billion by 2026, exhibiting a CARG of 6.2% during the forecast period.
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.
It profiles and examines leading companies and other prominent ones operating in the market.
A few top players in the industry are–
- 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)
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects:
We analysed industry trends in the context of COVID-19. We analysed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyse the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.
Segments Covered in the Report
By Type Analysis
- Based on type, the market is divided into the water-cooled modular chiller and air-cooled modular chiller. The water-cooled modular chiller segment is expected to grow exponentially over the anticipated period, owing to their high energy efficiency and superior performance as compared to the air-cooled modular chiller.
By Application Analysis
- Based on the application, the market is divided into industrial, commercial, and residential. The commercial application segment is expected to grow with substantial CAGR during the forecast period.
Modular Chillers Market Report Scope
Frequently Asked Questions About Modular Chillers Market Report Analysis
- What is the Modular Chillers Industry ?
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- Which application is anticipated to grow faster Modular Chillers Industry ?
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- What are the factors driving the Modular Chillers Industry ?
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- Who are the key players in the Modular Chillers Market ?
- Which region is expected to hold the highest market share in the Modular Chillers Market ?
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- At what CAGR is the global Modular Chillers Market projected to grow in the forecast period (2018-2026)?
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