Europe Industrial Chillers Market Drivers and Analysis 2031
Europe Industrial Chillers Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 509.36 Million |
Market Size by 2031 | US$ 803.53 Million |
Global CAGR (2023 - 2031) | 5.9% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Chiller Type
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
Europe Industrial Chillers Market News and Recent Developments
The Europe industrial chillers market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Europe industrial chillers market are listed below:
- MTA SpA, an Italian process cooling manufacturer, introduced a series of low-capacity air-cooled industrial chillers using propane (R290) refrigerant. Through this, the company strengthened its product portfolio in the industrial chillers industry in Europe. (Source: Wafer Works, Press Release, March 2022)
- Johnson Controls expanded its heat pump and chiller plant in Nantes, France, to double its capacity; this expansion aimed at supporting the increasing consumer demand in Europe. (Source: Wafer Works, Press Release, March 2024)
- Carrier launched HFO R-1234ze chillers. These new chillers are optimized for industrial processing applications such as food manufacturing, pharmaceuticals, chemicals, metal, and plastics, to provide ultra-reliable cooling. (Source: Wafer Works, Press Release, March 2022)
Europe Industrial Chillers Market Report Coverage and Deliverables
The "Europe Industrial Chillers Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:
- Europe industrial chillers market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Europe industrial chillers market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Europe industrial chillers market analysis covering key market trends, regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Europe industrial chillers market
- Detailed company profiles