Asia Pacific Water Chillers Market Size, Share & Industry Trends Analysis Report By Industry, By Capacity (>700 kW, 351-700 kW, 101-350 kW, and 0-100 kW), By System (Continuous Flow, and Water Accumulation), By Type, By Country and Growth Forecast, 2023 - 2029

The Asia Pacific Water Chillers Market would witness market growth of 3.5% CAGR during the forecast period (2023-2029).

Water chillers are increasingly used in hospitals and schools, so their ability to operate quietly is a big benefit. They also cost little for upkeep and energy. These are more effective than air conditioners because water's thermal conductivity is much higher than air. Water chillers are housed within buildings instead of air-cooled chillers, which are outside and subject to weather conditions, including snow, ice, rain, and heat. Additionally, because water chillers work on a large volume of fresh air, they do not require as frequent part replacement as air-cooled chillers.

Since they operate quietly and more efficiently than air chillers, water chillers have an edge over them. For end-users like educational institutions and hospitals, where extra noise is undesirable, the quiet functioning of water chillers is a crucial characteristic. Furthermore, people who come into contact with water chillers are safer since they employ water as a refrigerant rather than other hazardous compounds. Important elements that are anticipated to support the growth of the market include a growing world population as well as rising disposable income levels. The demand is also increasing due to expansion in urbanization and construction activity worldwide.

The food ecosystem of India is enormous because of sound financial policies, alluring financial incentives, as well as a growing food processing industry. Investment in the food processing industry has expanded due to the Government of India's Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) scheme, which has received given INR 4,600 CR through March 2026. Similarly, the first half of 2022 saw a growth in the value of all food products produced in China, according to the National Bureau of Statistics of China. The market growth is being fueled by these factors.

The China market dominated the Asia Pacific Water Chillers Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $993.7 Million by 2029. The Japan market is poised to grow at a CAGR of 2.9% during (2023 - 2029). Additionally, The India market would exhibit a CAGR of 4.1% during (2023 - 2029).

Based on Industry, the market is segmented into Chemicals & Petrochemicals, Food & Beverages, Medical, Plastics & Rubber, and Others. Based on Capacity, the market is segmented into >700 kW, 351-700 kW, 101-350 kW, and 0-100 kW. Based on System, the market is segmented into Continuous Flow, and Water Accumulation. Based on Type, the market is segmented into Screw Chiller, Scroll Chiller, Centrifugal Chiller, Absorption Chiller, Reciprocating Chiller, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Water Chillers Market is Projected to reach USD 7.9 Billion by 2029, at a CAGR of 3.2%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Carrier Global Corporation, Mitsubishi Electric Corporation, Daikin Industries, Ltd., Dimplex Thermal Solutions, Inc. (Glen Dimplex Ireland), LG Electronics (LG Corporation), Johnson Controls International PLC, Gree Electric Appliances, Inc. of Zhuhai, Thermax Limited, Midea Group Co., Ltd., and Trane Technologies PLC.

Scope of the Study

Market Segments Covered in the Report:

By Industry

• Chemicals & Petrochemicals
• Food & Beverages
• Medical
• Plastics & Rubber
• Others

By Capacity

• >700 kW
• 351-700 kW
• 101-350 kW
• 0-100 kW

By System

• Continuous Flow
• Water Accumulation

By Type

• Screw Chiller
• Scroll Chiller
• Centrifugal Chiller
• Absorption Chiller
• Reciprocating Chiller
• Others

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

• Carrier Global Corporation
• Mitsubishi Electric Corporation
• Daikin Industries, Ltd.
• Dimplex Thermal Solutions, Inc. (Glen Dimplex Ireland)
• LG Electronics (LG Corporation)
• Johnson Controls International PLC
• Gree Electric Appliances, Inc. of Zhuhai
• Thermax Limited
• Midea Group Co., Ltd.
• Trane Technologies PLC

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Water Chillers Market, by Industry
1.4.2 Asia Pacific Water Chillers Market, by Capacity
1.4.3 Asia Pacific Water Chillers Market, by System
1.4.4 Asia Pacific Water Chillers Market, by Type
1.4.5 Asia Pacific Water Chillers Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Asia Pacific Water Chillers Market by Industry
3.1 Asia Pacific Chemicals & Petrochemicals Market by Country
3.2 Asia Pacific Food & Beverages Market by Country
3.3 Asia Pacific Medical Market by Country
3.4 Asia Pacific Plastics & Rubber Market by Country
3.5 Asia Pacific Others Market by Country

Chapter 4. Asia Pacific Water Chillers Market by Capacity
4.1 Asia Pacific >700 kW Market by Country
4.2 Asia Pacific 351-700 kW Market by Country
4.3 Asia Pacific 101-350 kW Market by Country
4.4 Asia Pacific 0-100 kW Market by Country

Chapter 5. Asia Pacific Water Chillers Market by System
5.1 Asia Pacific Continuous Flow Market by Country
5.2 Asia Pacific Water Accumulation Market by Country

Chapter 6. Asia Pacific Water Chillers Market by Type
6.1 Asia Pacific Screw Chiller Market by Country
6.2 Asia Pacific Scroll Chiller Market by Country
6.3 Asia Pacific Centrifugal Chiller Market by Country
6.4 Asia Pacific Absorption Chiller Market by Country
6.5 Asia Pacific Reciprocating Chiller Market by Country
6.6 Asia Pacific Others Market by Country

Chapter 7. Asia Pacific Water Chillers Market by Country
7.1 China Water Chillers Market
7.1.1 China Water Chillers Market by Industry
7.1.2 China Water Chillers Market by Capacity
7.1.3 China Water Chillers Market by System
7.1.4 China Water Chillers Market by Type
7.2 Japan Water Chillers Market
7.2.1 Japan Water Chillers Market by Industry
7.2.2 Japan Water Chillers Market by Capacity
7.2.3 Japan Water Chillers Market by System
7.2.4 Japan Water Chillers Market by Type
7.3 India Water Chillers Market
7.3.1 India Water Chillers Market by Industry
7.3.2 India Water Chillers Market by Capacity
7.3.3 India Water Chillers Market by System
7.3.4 India Water Chillers Market by Type
7.4 South Korea Water Chillers Market
7.4.1 South Korea Water Chillers Market by Industry
7.4.2 South Korea Water Chillers Market by Capacity
7.4.3 South Korea Water Chillers Market by System
7.4.4 South Korea Water Chillers Market by Type
7.5 Singapore Water Chillers Market
7.5.1 Singapore Water Chillers Market by Industry
7.5.2 Singapore Water Chillers Market by Capacity
7.5.3 Singapore Water Chillers Market by System
7.5.4 Singapore Water Chillers Market by Type
7.6 Malaysia Water Chillers Market
7.6.1 Malaysia Water Chillers Market by Industry
7.6.2 Malaysia Water Chillers Market by Capacity
7.6.3 Malaysia Water Chillers Market by System
7.6.4 Malaysia Water Chillers Market by Type
7.7 Rest of Asia Pacific Water Chillers Market
7.7.1 Rest of Asia Pacific Water Chillers Market by Industry
7.7.2 Rest of Asia Pacific Water Chillers Market by Capacity
7.7.3 Rest of Asia Pacific Water Chillers Market by System
7.7.4 Rest of Asia Pacific Water Chillers Market by Type

Chapter 8. Company Profiles
8.1 LG Electronics (LG Corporation)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional & Segmental Analysis
8.1.4 Research & Development Expenses
8.1.5 SWOT Analysis
8.2 Carrier Global Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.5.2 Acquisition and Mergers:
8.3 Thermax Limited
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Geographical Expansions:
8.4 Trane Technologies PLC
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisition and Mergers:
8.5 Daikin Industries, Ltd.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional & Segmental Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.6 Mitsubishi Electric Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Acquisition and Mergers:
8.7 Midea Group Co., Ltd.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research and Development Expense
8.8 Johnson Controls International PLC
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental & Regional Analysis
8.8.4 Research & Development Expenses
8.9 Gree Electric Appliances, Inc. of Zhuhai
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Research & Development Expenses
8.10. Dimplex Thermal Solutions, Inc. (Glen Dimplex Ireland)
8.10.1 Company overview

TABLE 1 Asia Pacific Water Chillers Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Water Chillers Market, 2023 - 2029, USD Million
TABLE 3 Asia Pacific Water Chillers Market by Industry, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Water Chillers Market by Industry, 2023 - 2029, USD Million
TABLE 5 Asia Pacific Chemicals & Petrochemicals Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Chemicals & Petrochemicals Market by Country, 2023 - 2029, USD Million
TABLE 7 Asia Pacific Food & Beverages Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Food & Beverages Market by Country, 2023 - 2029, USD Million
TABLE 9 Asia Pacific Medical Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Medical Market by Country, 2023 - 2029, USD Million
TABLE 11 Asia Pacific Plastics & Rubber Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Plastics & Rubber Market by Country, 2023 - 2029, USD Million
TABLE 13 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 15 Asia Pacific Water Chillers Market by Capacity, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Water Chillers Market by Capacity, 2023 - 2029, USD Million
TABLE 17 Asia Pacific >700 kW Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific >700 kW Market by Country, 2023 - 2029, USD Million
TABLE 19 Asia Pacific 351-700 kW Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific 351-700 kW Market by Country, 2023 - 2029, USD Million
TABLE 21 Asia Pacific 101-350 kW Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific 101-350 kW Market by Country, 2023 - 2029, USD Million
TABLE 23 Asia Pacific 0-100 kW Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific 0-100 kW Market by Country, 2023 - 2029, USD Million
TABLE 25 Asia Pacific Water Chillers Market by System, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Water Chillers Market by System, 2023 - 2029, USD Million
TABLE 27 Asia Pacific Continuous Flow Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Continuous Flow Market by Country, 2023 - 2029, USD Million
TABLE 29 Asia Pacific Water Accumulation Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Water Accumulation Market by Country, 2023 - 2029, USD Million
TABLE 31 Asia Pacific Water Chillers Market by Type, 2019 - 2022, USD Million
TABLE 32 Asia Pacific Water Chillers Market by Type, 2023 - 2029, USD Million
TABLE 33 Asia Pacific Screw Chiller Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Screw Chiller Market by Country, 2023 - 2029, USD Million
TABLE 35 Asia Pacific Scroll Chiller Market by Country, 2019 - 2022, USD Million
TABLE 36 Asia Pacific Scroll Chiller Market by Country, 2023 - 2029, USD Million
TABLE 37 Asia Pacific Centrifugal Chiller Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Centrifugal Chiller Market by Country, 2023 - 2029, USD Million
TABLE 39 Asia Pacific Absorption Chiller Market by Country, 2019 - 2022, USD Million
TABLE 40 Asia Pacific Absorption Chiller Market by Country, 2023 - 2029, USD Million
TABLE 41 Asia Pacific Reciprocating Chiller Market by Country, 2019 - 2022, USD Million
TABLE 42 Asia Pacific Reciprocating Chiller Market by Country, 2023 - 2029, USD Million
TABLE 43 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 44 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 45 Asia Pacific Water Chillers Market by Country, 2019 - 2022, USD Million
TABLE 46 Asia Pacific Water Chillers Market by Country, 2023 - 2029, USD Million
TABLE 47 China Water Chillers Market, 2019 - 2022, USD Million
TABLE 48 China Water Chillers Market, 2023 - 2029, USD Million
TABLE 49 China Water Chillers Market by Industry, 2019 - 2022, USD Million
TABLE 50 China Water Chillers Market by Industry, 2023 - 2029, USD Million
TABLE 51 China Water Chillers Market by Capacity, 2019 - 2022, USD Million
TABLE 52 China Water Chillers Market by Capacity, 2023 - 2029, USD Million
TABLE 53 China Water Chillers Market by System, 2019 - 2022, USD Million
TABLE 54 China Water Chillers Market by System, 2023 - 2029, USD Million
TABLE 55 China Water Chillers Market by Type, 2019 - 2022, USD Million
TABLE 56 China Water Chillers Market by Type, 2023 - 2029, USD Million
TABLE 57 Japan Water Chillers Market, 2019 - 2022, USD Million
TABLE 58 Japan Water Chillers Market, 2023 - 2029, USD Million
TABLE 59 Japan Water Chillers Market by Industry, 2019 - 2022, USD Million
TABLE 60 Japan Water Chillers Market by Industry, 2023 - 2029, USD Million
TABLE 61 Japan Water Chillers Market by Capacity, 2019 - 2022, USD Million
TABLE 62 Japan Water Chillers Market by Capacity, 2023 - 2029, USD Million
TABLE 63 Japan Water Chillers Market by System, 2019 - 2022, USD Million
TABLE 64 Japan Water Chillers Market by System, 2023 - 2029, USD Million
TABLE 65 Japan Water Chillers Market by Type, 2019 - 2022, USD Million
TABLE 66 Japan Water Chillers Market by Type, 2023 - 2029, USD Million
TABLE 67 India Water Chillers Market, 2019 - 2022, USD Million
TABLE 68 India Water Chillers Market, 2023 - 2029, USD Million
TABLE 69 India Water Chillers Market by Industry, 2019 - 2022, USD Million
TABLE 70 India Water Chillers Market by Industry, 2023 - 2029, USD Million
TABLE 71 India Water Chillers Market by Capacity, 2019 - 2022, USD Million
TABLE 72 India Water Chillers Market by Capacity, 2023 - 2029, USD Million
TABLE 73 India Water Chillers Market by System, 2019 - 2022, USD Million
TABLE 74 India Water Chillers Market by System, 2023 - 2029, USD Million
TABLE 75 India Water Chillers Market by Type, 2019 - 2022, USD Million
TABLE 76 India Water Chillers Market by Type, 2023 - 2029, USD Million
TABLE 77 South Korea Water Chillers Market, 2019 - 2022, USD Million
TABLE 78 South Korea Water Chillers Market, 2023 - 2029, USD Million
TABLE 79 South Korea Water Chillers Market by Industry, 2019 - 2022, USD Million
TABLE 80 South Korea Water Chillers Market by Industry, 2023 - 2029, USD Million
TABLE 81 South Korea Water Chillers Market by Capacity, 2019 - 2022, USD Million
TABLE 82 South Korea Water Chillers Market by Capacity, 2023 - 2029, USD Million
TABLE 83 South Korea Water Chillers Market by System, 2019 - 2022, USD Million
TABLE 84 South Korea Water Chillers Market by System, 2023 - 2029, USD Million
TABLE 85 South Korea Water Chillers Market by Type, 2019 - 2022, USD Million
TABLE 86 South Korea Water Chillers Market by Type, 2023 - 2029, USD Million
TABLE 87 Singapore Water Chillers Market, 2019 - 2022, USD Million
TABLE 88 Singapore Water Chillers Market, 2023 - 2029, USD Million
TABLE 89 Singapore Water Chillers Market by Industry, 2019 - 2022, USD Million
TABLE 90 Singapore Water Chillers Market by Industry, 2023 - 2029, USD Million
TABLE 91 Singapore Water Chillers Market by Capacity, 2019 - 2022, USD Million
TABLE 92 Singapore Water Chillers Market by Capacity, 2023 - 2029, USD Million
TABLE 93 Singapore Water Chillers Market by System, 2019 - 2022, USD Million
TABLE 94 Singapore Water Chillers Market by System, 2023 - 2029, USD Million
TABLE 95 Singapore Water Chillers Market by Type, 2019 - 2022, USD Million
TABLE 96 Singapore Water Chillers Market by Type, 2023 - 2029, USD Million
TABLE 97 Malaysia Water Chillers Market, 2019 - 2022, USD Million
TABLE 98 Malaysia Water Chillers Market, 2023 - 2029, USD Million
TABLE 99 Malaysia Water Chillers Market by Industry, 2019 - 2022, USD Million
TABLE 100 Malaysia Water Chillers Market by Industry, 2023 - 2029, USD Million
TABLE 101 Malaysia Water Chillers Market by Capacity, 2019 - 2022, USD Million
TABLE 102 Malaysia Water Chillers Market by Capacity, 2023 - 2029, USD Million
TABLE 103 Malaysia Water Chillers Market by System, 2019 - 2022, USD Million
TABLE 104 Malaysia Water Chillers Market by System, 2023 - 2029, USD Million
TABLE 105 Malaysia Water Chillers Market by Type, 2019 - 2022, USD Million
TABLE 106 Malaysia Water Chillers Market by Type, 2023 - 2029, USD Million
TABLE 107 Rest of Asia Pacific Water Chillers Market, 2019 - 2022, USD Million
TABLE 108 Rest of Asia Pacific Water Chillers Market, 2023 - 2029, USD Million
TABLE 109 Rest of Asia Pacific Water Chillers Market by Industry, 2019 - 2022, USD Million
TABLE 110 Rest of Asia Pacific Water Chillers Market by Industry, 2023 - 2029, USD Million
TABLE 111 Rest of Asia Pacific Water Chillers Market by Capacity, 2019 - 2022, USD Million
TABLE 112 Rest of Asia Pacific Water Chillers Market by Capacity, 2023 - 2029, USD Million
TABLE 113 Rest of Asia Pacific Water Chillers Market by System, 2019 - 2022, USD Million
TABLE 114 Rest of Asia Pacific Water Chillers Market by System, 2023 - 2029, USD Million
TABLE 115 Rest of Asia Pacific Water Chillers Market by Type, 2019 - 2022, USD Million
TABLE 116 Rest of Asia Pacific Water Chillers Market by Type, 2023 - 2029, USD Million
TABLE 117 Key information – LG Electronics, Inc.
TABLE 118 Key Information – Carrier Global Corporation
TABLE 119 Key Information – Thermax Limited
TABLE 120 Key Information – Trane Technologies PLC
TABLE 121 Key information – Daikin Industries, Ltd.
TABLE 122 key information – Mitsubishi Electric Corporation
TABLE 123 key Information – Midea Group Co., Ltd.
TABLE 124 Key Information – Johnson Controls International PLC
TABLE 125 Key Information – Gree Electric Appliances, Inc. of Zhuhai
TABLE 126 Key Information – Dimplex Thermal Solutions, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Water Chillers Market share by Industry, 2022
FIG 3 Asia Pacific Water Chillers Market share by Industry, 2029
FIG 4 Asia Pacific Water Chillers Market by Industry, 2019 - 2029, USD Million
FIG 5 Asia Pacific Water Chillers Market share by Capacity, 2022
FIG 6 Asia Pacific Water Chillers Market share by Capacity, 2029
FIG 7 Asia Pacific Water Chillers Market by Capacity, 2019 - 2029, USD Million
FIG 8 Asia Pacific Water Chillers Market share by System, 2022
FIG 9 Asia Pacific Water Chillers Market share by System, 2029
FIG 10 Asia Pacific Water Chillers Market by System, 2019 - 2029, USD Million
FIG 11 Asia Pacific Water Chillers Market share by Type, 2022
FIG 12 Asia Pacific Water Chillers Market share by Type, 2029
FIG 13 Asia Pacific Water Chillers Market by Type, 2019 - 2029, USD Million
FIG 14 Asia Pacific Water Chillers Market share by Country, 2022
FIG 15 Asia Pacific Water Chillers Market share by Country, 2029
FIG 16 Asia Pacific Water Chillers Market by Country, 2019 - 2029, USD Million
FIG 17 Swot analysis: LG Corporation
FIG 18 Recent strategies and developments: Carrier Global Corporation