North America Hvac Chillers Market Scope And Analysis

  • Report Code : TIPRE00026117
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 107
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North America HVAC Chillers Market Report - Analysis by 2031

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North America HVAC Chillers Market Report Scope

Report Attribute Details
Market size in 2023 US$ 2.52 Billion
Market Size by 2031 US$ 3.48 Billion
Global CAGR (2023 - 2031) 4.1%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Technology
  • Air-Cooled
  • Water-Cooled
  • Steam-Fired
By Type
  • Process Chillers
  • Scroll Chillers
  • Screw Chillers
  • Centrifugal Chillers
  • Absorption Chillers
By Application
  • Industrial
  • Commercial
  • Residential
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • Airedale International Air Conditioning Ltd
  • Carrier Global Corp
  • DAIKIN INDUSTRIES Ltd
  • Drake Refrigeration Inc
  • GEA Group AG
  • Johnson Controls Inc
  • Mitsubishi Electric Corporation
  • LG Electronics
  • Thermal Care Inc
  • Trane Technologies
  • North America HVAC Chillers Market News and Recent Developments

    The North America HVAC 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 North America HVAC chillers market are listed below:

    • Johnson Controls International plc, the global leader in smart, healthy, safe, and sustainable buildings, announced it had reached a definitive agreement to sell its Residential and Light Commercial (R&LC) HVAC business in an all-cash transaction to the Bosch Group ("Bosch"). The transaction includes the North America Ducted business and global Residential joint venture with Hitachi, Ltd. ("Hitachi"), of which Johnson Controls owns 60% and Hitachi owns 40%. The total transaction is valued at US$ 8.1 billion, and the company's portion of the consideration is approximately US$ 6.7 billion. As part of the transaction, Hitachi will retain certain ductless HVAC assets located in Shimizu, Japan.

    (Source: Johnson Controls International plc, Press Release, July 2024)

    • Airedale by Modine, the critical cooling specialists, announced the US launch of the Cooling System Optimizer in response to industry demand for sustainable, stable, and secure cooling systems. First launched in Europe in 2022 and able to manage chilled water loops of up to 20 MW and beyond, the demand for the Optimizer has grown as data center providers adopt larger, more complex cooling systems. The Optimizer is an intelligent controls layer that sits between product controls in chillers and CRAHs and below the site building management system (BMS). It is programmed to unify indoor and outdoor cooling equipment to proactively manage the three most important things in any data center cooling system: resilience, redundancy, and energy use.

    (Source: Airedale, Press Release, July 2024)

    North America HVAC Chillers Market Report Coverage and Deliverables

    The "North America HVAC Chillers Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:

    • North America HVAC chillers market size and forecast at country levels for all the key market segments covered under the scope
    • North America HVAC chillers market trends, as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed PEST and SWOT analysis
    • North America HVAC chillers market analysis covering key market trends, country 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 North America HVAC chillers market
    • Detailed company profiles