The Europe Industrial Air Chiller Market would witness market growth of 4.1% CAGR during the forecast period (2022-2028).
Cooling water or other refrigerant liquid from the chiller is circulated through laboratory equipment or process in industrial applications. Industrial chillers are utilized in a variety of industries for the controlled chilling of products, mechanisms, and production gear. They are frequently used in the plastics industry, blow molding, injection metal working cutting oils, die-casting and machine tooling, welding equipment, paper, and cement processing, chemical processing, pharmaceutical conceptualization, food and beverage processing, X-ray diffraction, vacuum systems, power supplies, and gas-turbine generation stations, analytical equipment, compressed air and gas, semiconductors and they are also utilized in hospitals, hotels, and campuses to cool high-heat specialty devices like MRI machines and lasers.
The food and beverage sector in the region is flourishing. According to the Department for Environment Food & Rural Affairs, in 2019, the Europe agri-food industry contributed £128.7 billion to the national Gross Value Added or 9.8%. Following a 5.4% in 2018, the food sector's GVA (excluding agriculture and fishery) climbed by 4.3% in 2019. The GVA of wholesalers increased by 1.9% while manufacturing increased by 8.7% and catering increased by 2.6%. GVA in the retail sector increased by 3.4%. Between 2009 and 2019, the food sector (excluding agriculture and fishery) grew by 49.4%, whereas the overall economy grew by 55%. Because there is a limit to consumer intake capacity, the food business has less room for expansion and must rely heavily on quality improvements.
Germany's 82 million consumers contributed to the country's prominence as Europe's largest food and beverage retail market. In 2011, total food retailing revenue surpassed EUR 170 billion. Foodservice sales (EUR 66.4 billion) and exports are two more key distribution channels (EUR 48.4 billion). Germany's food and beverage business is the country's fourth-largest industry sector, with production valued at EUR 163.3 billion in 2011, up 8% from 2010. The industry is primarily known for its small and medium-sized firm (SME) sector, which employs approximately 6,000 people.
The Germany market dominated the Europe Industrial Air Chiller Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $350.7 million by 2028. The UK market is anticipated to grow at a CAGR of 3.2% during (2022 - 2028). Additionally, The France market would showcase a CAGR of 4.8% during (2022 - 2028).
Based on Function, the market is segmented into Stationary and Transport. Based on Type, the market is segmented into Screw Driven Chillers, Scroll Compressor Chillers, Reciprocating Chillers, and Centrifugal Chillers. Based on Industry, the market is segmented into Pharmaceutical, Food & Beverage, Oil & Gas, Utility & Power, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The North America Industrial Air Chiller Market would witness market growth of 12.5% CAGR during the forecast period (2022-2028).
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson Controls International PLC, Mitsubishi Electric Corporation, Daikin Industries, Ltd., Trane Technologies PLC, Carrier Global Corporation, Blue Star Limited, Airedale International Air Conditioning Ltd., HIVER Aircon Pvt. Ltd., Gem Orion Machinery Private Limited, and Jiangsu Huazhao Refrigeration Equipment CO., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Function
By Type
- Screw Driven Chillers
- Scroll Compressor Chillers
- Reciprocating Chillers
- Centrifugal Chillers
By Industry
- Pharmaceutical
- Food & Beverage
- Oil & Gas
- Utility & Power
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Johnson Controls International PLC
- Mitsubishi Electric Corporation
- Daikin Industries, Ltd.
- Trane Technologies PLC
- 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.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Industrial Air Chiller Market, by Function
1.4.2 Europe Industrial Air Chiller Market, by Type
1.4.3 Europe Industrial Air Chiller Market, by Industry
1.4.4 Europe Industrial Air Chiller 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 and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Jan – 2022, Mar) Leading Players
Chapter 4. Europe Industrial Air Chiller Market by Function
4.1 Europe Stationary Market by Country
4.2 Europe Transport Market by Country
Chapter 5. Europe Industrial Air Chiller Market by Type
5.1 Europe Screw Driven Chillers Market by Country
5.2 Europe Scroll Compressor Chillers Market by Country
5.3 Europe Reciprocating Chillers Market by Country
5.4 Europe Centrifugal Chillers Market by Country
Chapter 6. Europe Industrial Air Chiller Market by Industry
6.1 Europe Pharmaceutical Market by Country
6.2 Europe Food & Beverage Market by Country
6.3 Europe Oil & Gas Market by Country
6.4 Europe Utility & Power Market by Country
6.5 Europe Others Market by Country
Chapter 7. Europe Industrial Air Chiller Market by Country
7.1 Germany Industrial Air Chiller Market
7.1.1 Germany Industrial Air Chiller Market by Function
7.1.2 Germany Industrial Air Chiller Market by Type
7.1.3 Germany Industrial Air Chiller Market by Industry
7.2 UK Industrial Air Chiller Market
7.2.1 UK Industrial Air Chiller Market by Function
7.2.2 UK Industrial Air Chiller Market by Type
7.2.3 UK Industrial Air Chiller Market by Industry
7.3 France Industrial Air Chiller Market
7.3.1 France Industrial Air Chiller Market by Function
7.3.2 France Industrial Air Chiller Market by Type
7.3.3 France Industrial Air Chiller Market by Industry
7.4 Russia Industrial Air Chiller Market
7.4.1 Russia Industrial Air Chiller Market by Function
7.4.2 Russia Industrial Air Chiller Market by Type
7.4.3 Russia Industrial Air Chiller Market by Industry
7.5 Spain Industrial Air Chiller Market
7.5.1 Spain Industrial Air Chiller Market by Function
7.5.2 Spain Industrial Air Chiller Market by Type
7.5.3 Spain Industrial Air Chiller Market by Industry
7.6 Italy Industrial Air Chiller Market
7.6.1 Italy Industrial Air Chiller Market by Function
7.6.2 Italy Industrial Air Chiller Market by Type
7.6.3 Italy Industrial Air Chiller Market by Industry
7.7 Rest of Europe Industrial Air Chiller Market
7.7.1 Rest of Europe Industrial Air Chiller Market by Function
7.7.2 Rest of Europe Industrial Air Chiller Market by Type
7.7.3 Rest of Europe Industrial Air Chiller Market by Industry
Chapter 8. Company Profiles
8.1 Johnson Controls International PLC
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.5.2 Acquisition and Mergers:
8.2 Mitsubishi Electric Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
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 Daikin Industries, Ltd.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional & Segmental Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.5.2 Acquisition and Mergers:
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 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.4.5.3 Acquisition and Mergers:
8.5 Carrier Global Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Product Launches and Product Expansions:
8.5.5.3 Acquisition and Mergers:
8.6 Blue Star Limited
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Recent strategies and developments:
8.6.4.1 Geographical Expansions:
8.7 Airedale International Air Conditioning Ltd.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Product Launches and Product Expansions:
8.8 HIVER Aircon Pvt. Ltd.
8.8.1 Company Overview
8.9 Gem Orion Machinery Private Limited
8.9.1 Company Overview
8.10. Jiangsu Huazhao Refrigeration Equipment CO., Ltd.
8.10.1 Company Overview
TABLE 1 Europe Industrial Air Chiller Market, 2018 - 2021, USD Million
TABLE 2 Europe Industrial Air Chiller Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Industrial Air Chiller Market
TABLE 4 Product Launches And Product Expansions– Industrial Air Chiller Market
TABLE 5 Acquisition and Mergers– Industrial Air Chiller Market
TABLE 6 Georraphical expansions– Industrial Air Chiller Market
TABLE 7 Europe Industrial Air Chiller Market by Function, 2018 - 2021, USD Million
TABLE 8 Europe Industrial Air Chiller Market by Function, 2022 - 2028, USD Million
TABLE 9 Europe Stationary Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Stationary Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Transport Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Transport Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Industrial Air Chiller Market by Type, 2018 - 2021, USD Million
TABLE 14 Europe Industrial Air Chiller Market by Type, 2022 - 2028, USD Million
TABLE 15 Europe Screw Driven Chillers Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Screw Driven Chillers Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Scroll Compressor Chillers Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Scroll Compressor Chillers Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Reciprocating Chillers Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Reciprocating Chillers Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Centrifugal Chillers Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Centrifugal Chillers Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Industrial Air Chiller Market by Industry, 2018 - 2021, USD Million
TABLE 24 Europe Industrial Air Chiller Market by Industry, 2022 - 2028, USD Million
TABLE 25 Europe Pharmaceutical Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Pharmaceutical Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Food & Beverage Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Food & Beverage Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Oil & Gas Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Oil & Gas Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Utility & Power Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Utility & Power Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 34 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 35 Europe Industrial Air Chiller Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe Industrial Air Chiller Market by Country, 2022 - 2028, USD Million
TABLE 37 Germany Industrial Air Chiller Market, 2018 - 2021, USD Million
TABLE 38 Germany Industrial Air Chiller Market, 2022 - 2028, USD Million
TABLE 39 Germany Industrial Air Chiller Market by Function, 2018 - 2021, USD Million
TABLE 40 Germany Industrial Air Chiller Market by Function, 2022 - 2028, USD Million
TABLE 41 Germany Industrial Air Chiller Market by Type, 2018 - 2021, USD Million
TABLE 42 Germany Industrial Air Chiller Market by Type, 2022 - 2028, USD Million
TABLE 43 Germany Industrial Air Chiller Market by Industry, 2018 - 2021, USD Million
TABLE 44 Germany Industrial Air Chiller Market by Industry, 2022 - 2028, USD Million
TABLE 45 UK Industrial Air Chiller Market, 2018 - 2021, USD Million
TABLE 46 UK Industrial Air Chiller Market, 2022 - 2028, USD Million
TABLE 47 UK Industrial Air Chiller Market by Function, 2018 - 2021, USD Million
TABLE 48 UK Industrial Air Chiller Market by Function, 2022 - 2028, USD Million
TABLE 49 UK Industrial Air Chiller Market by Type, 2018 - 2021, USD Million
TABLE 50 UK Industrial Air Chiller Market by Type, 2022 - 2028, USD Million
TABLE 51 UK Industrial Air Chiller Market by Industry, 2018 - 2021, USD Million
TABLE 52 UK Industrial Air Chiller Market by Industry, 2022 - 2028, USD Million
TABLE 53 France Industrial Air Chiller Market, 2018 - 2021, USD Million
TABLE 54 France Industrial Air Chiller Market, 2022 - 2028, USD Million
TABLE 55 France Industrial Air Chiller Market by Function, 2018 - 2021, USD Million
TABLE 56 France Industrial Air Chiller Market by Function, 2022 - 2028, USD Million
TABLE 57 France Industrial Air Chiller Market by Type, 2018 - 2021, USD Million
TABLE 58 France Industrial Air Chiller Market by Type, 2022 - 2028, USD Million
TABLE 59 France Industrial Air Chiller Market by Industry, 2018 - 2021, USD Million
TABLE 60 France Industrial Air Chiller Market by Industry, 2022 - 2028, USD Million
TABLE 61 Russia Industrial Air Chiller Market, 2018 - 2021, USD Million
TABLE 62 Russia Industrial Air Chiller Market, 2022 - 2028, USD Million
TABLE 63 Russia Industrial Air Chiller Market by Function, 2018 - 2021, USD Million
TABLE 64 Russia Industrial Air Chiller Market by Function, 2022 - 2028, USD Million
TABLE 65 Russia Industrial Air Chiller Market by Type, 2018 - 2021, USD Million
TABLE 66 Russia Industrial Air Chiller Market by Type, 2022 - 2028, USD Million
TABLE 67 Russia Industrial Air Chiller Market by Industry, 2018 - 2021, USD Million
TABLE 68 Russia Industrial Air Chiller Market by Industry, 2022 - 2028, USD Million
TABLE 69 Spain Industrial Air Chiller Market, 2018 - 2021, USD Million
TABLE 70 Spain Industrial Air Chiller Market, 2022 - 2028, USD Million
TABLE 71 Spain Industrial Air Chiller Market by Function, 2018 - 2021, USD Million
TABLE 72 Spain Industrial Air Chiller Market by Function, 2022 - 2028, USD Million
TABLE 73 Spain Industrial Air Chiller Market by Type, 2018 - 2021, USD Million
TABLE 74 Spain Industrial Air Chiller Market by Type, 2022 - 2028, USD Million
TABLE 75 Spain Industrial Air Chiller Market by Industry, 2018 - 2021, USD Million
TABLE 76 Spain Industrial Air Chiller Market by Industry, 2022 - 2028, USD Million
TABLE 77 Italy Industrial Air Chiller Market, 2018 - 2021, USD Million
TABLE 78 Italy Industrial Air Chiller Market, 2022 - 2028, USD Million
TABLE 79 Italy Industrial Air Chiller Market by Function, 2018 - 2021, USD Million
TABLE 80 Italy Industrial Air Chiller Market by Function, 2022 - 2028, USD Million
TABLE 81 Italy Industrial Air Chiller Market by Type, 2018 - 2021, USD Million
TABLE 82 Italy Industrial Air Chiller Market by Type, 2022 - 2028, USD Million
TABLE 83 Italy Industrial Air Chiller Market by Industry, 2018 - 2021, USD Million
TABLE 84 Italy Industrial Air Chiller Market by Industry, 2022 - 2028, USD Million
TABLE 85 Rest of Europe Industrial Air Chiller Market, 2018 - 2021, USD Million
TABLE 86 Rest of Europe Industrial Air Chiller Market, 2022 - 2028, USD Million
TABLE 87 Rest of Europe Industrial Air Chiller Market by Function, 2018 - 2021, USD Million
TABLE 88 Rest of Europe Industrial Air Chiller Market by Function, 2022 - 2028, USD Million
TABLE 89 Rest of Europe Industrial Air Chiller Market by Type, 2018 - 2021, USD Million
TABLE 90 Rest of Europe Industrial Air Chiller Market by Type, 2022 - 2028, USD Million
TABLE 91 Rest of Europe Industrial Air Chiller Market by Industry, 2018 - 2021, USD Million
TABLE 92 Rest of Europe Industrial Air Chiller Market by Industry, 2022 - 2028, USD Million
TABLE 93 Key Information – JOHNSON CONTROLS INTERNATIONAL PLC
TABLE 94 key information – Mitsubishi Electric Corporation
TABLE 95 Key information – Daikin Industries, Ltd.
TABLE 96 Key Information – Trane Technologies PLC
TABLE 97 Key Information – Carrier Global Corporation
TABLE 98 Key Information – Blue Star Limited
TABLE 99 Key Information – Airedale International Air Conditioning Ltd.
TABLE 100 Key Information – HIVER Aircon Pvt. Ltd.
TABLE 101 Key Information – Gem Orion Machinery Private Limited
TABLE 102 Key Information – Jiangsu Huazhao Refrigeration Equipment CO., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Jan – 2022, mar) Leading Players
FIG 5 Recent strategies and developments: Johnson Controls International PLC
FIG 6 Recent strategies and developments: Mitsubishi Electric Corporation
FIG 7 Recent strategies and developments: Daikin Industries, Ltd.
FIG 8 Recent strategies and developments: Trane Technologies PLC