Press release
Industrial Air Chiller Market Future Trends, Segments, Growth Rate, Major Players And Forecast To 2033
Industrial Air Chiller Market
The industrial air chiller market size is expected to see strong growth in the next few years. It will grow to $6.17 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to adoption of renewable energy, after-sales services, resilience to climate change, investment in r&d, replacement cycle, urbanization and infrastructure development. Major trends in the forecast period include energy efficiency, environmental regulations, demand from end-use industries, urbanization and infrastructure development, focus on precision cooling.
Market Overview -
An industrial air chiller is a device that absorbs the heat produced from industrial process water, and then the heat is transferred back to air around the chiller unit.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=8471&type=smp
Rise In Pharmaceutical Industry To Drive Market Growth
The rising growth of the pharmaceutical industry is expected to propel the industrial air chiller market growth going forward. Pharmaceuticals are the companies that are involved in the manufacture and sale of drugs used for medical use. Industrial air chillers are used for the safe storage of medicines, drugs, and other chemicals in the pharmaceutical industry, so the growth of pharmaceuticals would propel the market. For instance, in August 2021, according to Office For National Statistics, a UK-based government department, in the UK, the manufacture of pharmaceuticals increased by US$1.12 billion (8%) to a total of US$15.25 billion in 2020. Therefore, the rising growth of the pharmaceutical industry is driving the growth of the industrial air chiller market.
Competitive Landscape -
Major companies operating in the industrial air chiller market report are Johnson Controls International PLC, Mitsubishi Electric Corporation, Daikin Industries Ltd., Trane Technologies Company LLC, Carrier Global Corporation, Blue Star Limited, Airedale International Air Conditioning Ltd., Hiver Aircon Pvt. Ltd., GEM Orion Machinery Private Limited, Jiangsu Huazhao Refrigeration Equipment Co. Ltd., Fujitsu General Limited, Haier Group Corporation, Midea Group, Ingersoll Rand Inc., Panasonic Holdings Corporation, Hitema International S.r.l., HYDAC Technology GmbH, KKT chillers Inc., Lennox International Inc., LG Electronics Inc., MTA S.p.A., Multistack LLC, Parker-Hannifin Corporation, Process Cooling Systems Inc., Reynold India Pvt. Ltd., Rittal GmbH & Co. KG, Shanghai Shenglin M&E Technology Co. Ltd., Sterling HVAC Products, Thermal Care Inc., YORK International Corporation
Product Innovations Reshape The Landscape Of The Industrial Air Chiller Market
Product innovation is a key trend gaining popularity in the industrial air chiller market. Major companies operating in the industrial air chiller market are focused on developing innovative products to strengthen their position. For instance, in March 2021, Mitsubishi Electric, a Japan-based manufacturer of electronic products launched the R32 version of e-series air-cooled chillers. They are available in 150kW and 180kW units and it is expected to allow connection to six units to provide a total capacity of 1080kW. It has unique properties including internal headers and low-temperature ambient loop heat network solutions. The cooling version has been employed with high-efficiency inverter compressors and is expected to improve aluminum microchannel and heat exchange coils.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/industrial-air-chiller-global-market-report
Key Segments -
The industrial air chiller market covered in this report is segmented -
1) By Type: Centrifugal Chillers, Reciprocating Chillers, Scroll Compressor Chillers, Screw Driver Chillers
2) By Function: Stationary, Transport
3) By End User Industry: Food And Beverage, Pharmaceutical, Utility And Power, Oil And Gas, Other End User Industries
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Industrial Air Chiller Market Future Trends, Segments, Growth Rate, Major Players And Forecast To 2033 here
News-ID: 3484823 • Views: …
More Releases from The Business research company
Hydrofluoric Acid Market to Hit $1.87 Billion by 2028 with a CAGR of 5.7%, Drive …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Hydrofluoric Acid Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $1.87 billion In 2028 At…
Green Building Materials Market to Reach $490.8 Billion by 2028 at 9.7% CAGR, Dr …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Green Building Materials Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $490.8 billion In 2028…
Feldspar Market to Hit $8.46 Billion by 2028 at 10.9% CAGR, Driven by Automotive …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Feldspar Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $8.46 billion In 2028 At A…
Electric Ships Market to Reach $13.63 Billion by 2028 at 11.0% CAGR, Driven by H …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Electric Ships Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $13.63 billion In 2028 At…
More Releases for Chiller
Modular Chiller Market Outlook- 2027, Acquisition, partnership, and new product …
Market players operating in the modular chiller sector have been driven by a primary aim of offering better products and services. To achieve this objective, they have adopted various strategies including acquisition, partnership, and new product launch. With acquisition of companies specializing in modular chilling, market players aim to strengthen its services and serve their customers in a better manner. They aim to speed up construction projects and offer sustainable…
Water Chiller Market Key Player Analysis By - Advantage Engineering, Mammoth, Le …
Water Chiller Market research report also provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The Water Chiller Market research report is a professional and in-depth study on the current state Water Chiller Industry.
The recent research report on the global Water Chiller market presents the latest industry data and future trends, allowing you to recognize the products and end users driving Revenue growth and…
Aquarium Chiller Market study on Aquarium Chiller to boost the revenue over the …
The report presented here prepares market players to achieve consistent success while effectively dealing with unique challenges in the global Aquarium Chiller market. The analysts and researchers authoring the report have taken into consideration multiple factors predicted to positively and negatively impact the global Aquarium Chiller market. The report includes SWOT and PESTLE analyses to provide a deeper understanding of the global Aquarium Chiller market. All of the leading companies…
Chillers Market with Current Trends Analysis, 2018 to 2028(Chillers market can b …
Fast pace of modern lifestyle has induced significant transitions apropos of eating habits. Consumers are more inclined toward frozen foods, given its convenience in carrying and cooking. That said, efficient freezing activity is essential in order to avoid microbe penetration in food products. This has led to the use of chillers in the frozen food space, which is a key growth propeller for chillers market.
In…
Research Report and Overview on Chillers Market,2018 to 2028(On the basis of Com …
Fast pace of modern lifestyle has induced significant transitions apropos of eating habits. Consumers are more inclined toward frozen foods, given its convenience in carrying and cooking. That said, efficient freezing activity is essential in order to avoid microbe penetration in food products. This has led to the use of chillers in the frozen food space, which is a key growth propeller for chillers market.
In…
Chillers Market Expected to Deliver Dynamic Progression until 2028(On the basis …
Fast pace of modern lifestyle has induced significant transitions apropos of eating habits. Consumers are more inclined toward frozen foods, given its convenience in carrying and cooking. That said, efficient freezing activity is essential in order to avoid microbe penetration in food products. This has led to the use of chillers in the frozen food space, which is a key growth propeller for chillers market.
In…
