The Latin America, Middle East and Africa Industrial Air Chiller Market would witness market growth of 7.4% CAGR during the forecast period (2022-2028).
Cooling towers are used in water or liquid-cooled chillers, which improves their thermodynamic performance in contrast to air-cooled chillers. This is because heat is discarded at or near the wet-bulb temperature of the air, rather than the higher, often much higher, dry-bulb temperature. Evaporatively cooled chillers are more efficient than air-cooled chillers, but not as efficient as liquid-cooled chillers. Liquid-cooled chillers are primarily designed for interior deployment and operation and are refrigerated by a separate condenser water loop and then connected to exterior cooling towers to discharge heat into the atmosphere.
In air conditioning systems, chilled coolant from a chiller in an air-cooling plant or conditioning is commonly supplied to heat converters, or coils, inside air controllers, or other types of terminal devices, which chill the air in their respective spaces. The water is then recirculated and chilled in the chiller. These cooling coils transmit latent and sensible heat from the air to chilled water, chilling and dehumidifying the airflow in the process. A common air conditioning chiller is rated between 50 kW (170,000 BTU/h) and 7 MW (24 million BTU/h), with various manufacturers producing chillers with cooling capacities of up to 21 MW (72 million BTU/h).
Depending on the application, chilled water temperatures typically range from 1 to 7 °C (34 to 45 °F). Chillers usually take water that is 12°C and cool it to 7°C. Emergency chillers can be used to deliver chilled water when air conditioning chillers are not working or are needed to be repaired or replaced. Rental chillers are put on a trailer and transported to the job site fast. To connect air conditioning systems and rental chillers, large chilled water lines are employed.
The United Arab Emirates (UAE) is anticipated to have the world's seventh-largest proven oil and gas reserves. The UAE produces 3 million barrels of liquids and petroleum per day on average and has 100 billion barrels of oil reserves. Around 30% of the country's GDP is directly based on oil and gas production, which accounts for nearly 13% of the country's total exports. The royalties and profits of the oil and gas industry provide a vast majority of the UAE government's revenue. The United Arab Emirates is attempting to develop unconventional oil and gas production. The UAE discovered more than 80 trillion cubic feet of gas reserves at Jebel Ali. The government aims to be gas self-sufficient by 2030, however it now imports natural gas from Qatar via the Dolphin pipeline.
The UAE has significant energy reserves. In the Organization of Petroleum Exporting Countries, the UAE is the seventh biggest crude oil producer as well as the fourth-largest producer of petroleum liquids (OPEC). Furthermore, the UAE has the world's seventh-largest natural gas reserves. In addition, hydrocarbon extraction is crucial to the UAE economy, accounting for $65 billion or almost 20% of all export revenue (EIA).
The Brazil market dominated the LAMEA Industrial Air Chiller Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $108.7 million by 2028. The Argentina market is estimated to grow at a CAGR of 8% during (2022 - 2028). Additionally, The UAE market would witness a CAGR of 7.1% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Industrial Air Chiller Market is Predict to reach $5.9 Billion by 2028, at a CAGR of 4.5%
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Industrial Air Chiller Market, by Function
1.4.2 LAMEA Industrial Air Chiller Market, by Type
1.4.3 LAMEA Industrial Air Chiller Market, by Industry
1.4.4 LAMEA 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. LAMEA Industrial Air Chiller Market by Function
4.1 LAMEA Stationary Market by Country
4.2 LAMEA Transport Market by Country
Chapter 5. LAMEA Industrial Air Chiller Market by Type
5.1 LAMEA Screw Driven Chillers Market by Country
5.2 LAMEA Scroll Compressor Chillers Market by Country
5.3 LAMEA Reciprocating Chillers Market by Country
5.4 LAMEA Centrifugal Chillers Market by Country
Chapter 6. LAMEA Industrial Air Chiller Market by Industry
6.1 LAMEA Pharmaceutical Market by Country
6.2 LAMEA Food & Beverage Market by Country
6.3 LAMEA Oil & Gas Market by Country
6.4 LAMEA Utility & Power Market by Country
6.5 LAMEA Others Market by Country
Chapter 7. LAMEA Industrial Air Chiller Market by Country
7.1 Brazil Industrial Air Chiller Market
7.1.1 Brazil Industrial Air Chiller Market by Function
7.1.2 Brazil Industrial Air Chiller Market by Type
7.1.3 Brazil Industrial Air Chiller Market by Industry
7.2 Argentina Industrial Air Chiller Market
7.2.1 Argentina Industrial Air Chiller Market by Function
7.2.2 Argentina Industrial Air Chiller Market by Type
7.2.3 Argentina Industrial Air Chiller Market by Industry
7.3 UAE Industrial Air Chiller Market
7.3.1 UAE Industrial Air Chiller Market by Function
7.3.2 UAE Industrial Air Chiller Market by Type
7.3.3 UAE Industrial Air Chiller Market by Industry
7.4 Saudi Arabia Industrial Air Chiller Market
7.4.1 Saudi Arabia Industrial Air Chiller Market by Function
7.4.2 Saudi Arabia Industrial Air Chiller Market by Type
7.4.3 Saudi Arabia Industrial Air Chiller Market by Industry
7.5 South Africa Industrial Air Chiller Market
7.5.1 South Africa Industrial Air Chiller Market by Function
7.5.2 South Africa Industrial Air Chiller Market by Type
7.5.3 South Africa Industrial Air Chiller Market by Industry
7.6 Nigeria Industrial Air Chiller Market
7.6.1 Nigeria Industrial Air Chiller Market by Function
7.6.2 Nigeria Industrial Air Chiller Market by Type
7.6.3 Nigeria Industrial Air Chiller Market by Industry
7.7 Rest of LAMEA Industrial Air Chiller Market
7.7.1 Rest of LAMEA Industrial Air Chiller Market by Function
7.7.2 Rest of LAMEA Industrial Air Chiller Market by Type
7.7.3 Rest of LAMEA 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 LAMEA Industrial Air Chiller Market, 2018 - 2021, USD Million
TABLE 2 LAMEA 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 LAMEA Industrial Air Chiller Market by Function, 2018 - 2021, USD Million
TABLE 8 LAMEA Industrial Air Chiller Market by Function, 2022 - 2028, USD Million
TABLE 9 LAMEA Stationary Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Stationary Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Transport Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Transport Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Industrial Air Chiller Market by Type, 2018 - 2021, USD Million
TABLE 14 LAMEA Industrial Air Chiller Market by Type, 2022 - 2028, USD Million
TABLE 15 LAMEA Screw Driven Chillers Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Screw Driven Chillers Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Scroll Compressor Chillers Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Scroll Compressor Chillers Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Reciprocating Chillers Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Reciprocating Chillers Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Centrifugal Chillers Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Centrifugal Chillers Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Industrial Air Chiller Market by Industry, 2018 - 2021, USD Million
TABLE 24 LAMEA Industrial Air Chiller Market by Industry, 2022 - 2028, USD Million
TABLE 25 LAMEA Pharmaceutical Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Pharmaceutical Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Food & Beverage Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Food & Beverage Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Oil & Gas Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Oil & Gas Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Utility & Power Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Utility & Power Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Industrial Air Chiller Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Industrial Air Chiller Market by Country, 2022 - 2028, USD Million
TABLE 37 Brazil Industrial Air Chiller Market, 2018 - 2021, USD Million
TABLE 38 Brazil Industrial Air Chiller Market, 2022 - 2028, USD Million
TABLE 39 Brazil Industrial Air Chiller Market by Function, 2018 - 2021, USD Million
TABLE 40 Brazil Industrial Air Chiller Market by Function, 2022 - 2028, USD Million
TABLE 41 Brazil Industrial Air Chiller Market by Type, 2018 - 2021, USD Million
TABLE 42 Brazil Industrial Air Chiller Market by Type, 2022 - 2028, USD Million
TABLE 43 Brazil Industrial Air Chiller Market by Industry, 2018 - 2021, USD Million
TABLE 44 Brazil Industrial Air Chiller Market by Industry, 2022 - 2028, USD Million
TABLE 45 Argentina Industrial Air Chiller Market, 2018 - 2021, USD Million
TABLE 46 Argentina Industrial Air Chiller Market, 2022 - 2028, USD Million
TABLE 47 Argentina Industrial Air Chiller Market by Function, 2018 - 2021, USD Million
TABLE 48 Argentina Industrial Air Chiller Market by Function, 2022 - 2028, USD Million
TABLE 49 Argentina Industrial Air Chiller Market by Type, 2018 - 2021, USD Million
TABLE 50 Argentina Industrial Air Chiller Market by Type, 2022 - 2028, USD Million
TABLE 51 Argentina Industrial Air Chiller Market by Industry, 2018 - 2021, USD Million
TABLE 52 Argentina Industrial Air Chiller Market by Industry, 2022 - 2028, USD Million
TABLE 53 UAE Industrial Air Chiller Market, 2018 - 2021, USD Million
TABLE 54 UAE Industrial Air Chiller Market, 2022 - 2028, USD Million
TABLE 55 UAE Industrial Air Chiller Market by Function, 2018 - 2021, USD Million
TABLE 56 UAE Industrial Air Chiller Market by Function, 2022 - 2028, USD Million
TABLE 57 UAE Industrial Air Chiller Market by Type, 2018 - 2021, USD Million
TABLE 58 UAE Industrial Air Chiller Market by Type, 2022 - 2028, USD Million
TABLE 59 UAE Industrial Air Chiller Market by Industry, 2018 - 2021, USD Million
TABLE 60 UAE Industrial Air Chiller Market by Industry, 2022 - 2028, USD Million
TABLE 61 Saudi Arabia Industrial Air Chiller Market, 2018 - 2021, USD Million
TABLE 62 Saudi Arabia Industrial Air Chiller Market, 2022 - 2028, USD Million
TABLE 63 Saudi Arabia Industrial Air Chiller Market by Function, 2018 - 2021, USD Million
TABLE 64 Saudi Arabia Industrial Air Chiller Market by Function, 2022 - 2028, USD Million
TABLE 65 Saudi Arabia Industrial Air Chiller Market by Type, 2018 - 2021, USD Million
TABLE 66 Saudi Arabia Industrial Air Chiller Market by Type, 2022 - 2028, USD Million
TABLE 67 Saudi Arabia Industrial Air Chiller Market by Industry, 2018 - 2021, USD Million
TABLE 68 Saudi Arabia Industrial Air Chiller Market by Industry, 2022 - 2028, USD Million
TABLE 69 South Africa Industrial Air Chiller Market, 2018 - 2021, USD Million
TABLE 70 South Africa Industrial Air Chiller Market, 2022 - 2028, USD Million
TABLE 71 South Africa Industrial Air Chiller Market by Function, 2018 - 2021, USD Million
TABLE 72 South Africa Industrial Air Chiller Market by Function, 2022 - 2028, USD Million
TABLE 73 South Africa Industrial Air Chiller Market by Type, 2018 - 2021, USD Million
TABLE 74 South Africa Industrial Air Chiller Market by Type, 2022 - 2028, USD Million
TABLE 75 South Africa Industrial Air Chiller Market by Industry, 2018 - 2021, USD Million
TABLE 76 South Africa Industrial Air Chiller Market by Industry, 2022 - 2028, USD Million
TABLE 77 Nigeria Industrial Air Chiller Market, 2018 - 2021, USD Million
TABLE 78 Nigeria Industrial Air Chiller Market, 2022 - 2028, USD Million
TABLE 79 Nigeria Industrial Air Chiller Market by Function, 2018 - 2021, USD Million
TABLE 80 Nigeria Industrial Air Chiller Market by Function, 2022 - 2028, USD Million
TABLE 81 Nigeria Industrial Air Chiller Market by Type, 2018 - 2021, USD Million
TABLE 82 Nigeria Industrial Air Chiller Market by Type, 2022 - 2028, USD Million
TABLE 83 Nigeria Industrial Air Chiller Market by Industry, 2018 - 2021, USD Million
TABLE 84 Nigeria Industrial Air Chiller Market by Industry, 2022 - 2028, USD Million
TABLE 85 Rest of LAMEA Industrial Air Chiller Market, 2018 - 2021, USD Million
TABLE 86 Rest of LAMEA Industrial Air Chiller Market, 2022 - 2028, USD Million
TABLE 87 Rest of LAMEA Industrial Air Chiller Market by Function, 2018 - 2021, USD Million
TABLE 88 Rest of LAMEA Industrial Air Chiller Market by Function, 2022 - 2028, USD Million
TABLE 89 Rest of LAMEA Industrial Air Chiller Market by Type, 2018 - 2021, USD Million
TABLE 90 Rest of LAMEA Industrial Air Chiller Market by Type, 2022 - 2028, USD Million
TABLE 91 Rest of LAMEA Industrial Air Chiller Market by Industry, 2018 - 2021, USD Million
TABLE 92 Rest of LAMEA 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