North America 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 North America Water Chillers Market would witness market growth of 2.5% CAGR during the forecast period (2023-2029).

Water chillers employ water as an additional refrigerant. Applications involving larger, more complicated HVACR (heating, ventilation, air conditioning, & refrigeration) systems use such systems. The water temperature is lowered using these chillers. Because of their portability, ease, and quick and simple maintenance, water chillers are becoming increasingly popular. In addition, water chillers are becoming more popular in dining areas, kitchens, hotels, and restaurants as a solution to temperature-related issues. During the forecast period, the market is anticipated to expand. Additionally, these chillers are employed in the rubber, petrochemical, medicinal, plastic, and office building industries.

Around the region, there is a growing demand for luxury as well as leisure goods like freezers and air conditioners as a result of the rise in per capita income. The market is expected to expand significantly due to factors like the expanding population and rising demand for frozen meals. In process cooling procedures, chillers maintain the equipment's cooling and prevent overheating. In the medical & pharmaceutical sectors, chillers are used to lower the temperature of process-cooling-required laser therapy, CAT scan, and X-ray equipment. These factors all support the market expansion.

Around 3 million heating & cooling systems are changed out every year in the United States, and around $14 billion is invested on HVAC service and replacement during that time. According to the US Department of Energy and ENERGY STAR, most energy used in a typical home is heating and cooling. When built properly, heating and cooling systems that have earned the ENERGY STAR label can reduce yearly energy costs by 10% to 30%. In addition, these products have obtained independent approval for energy efficiency without compromising features or functionality. the regional HVAC demand will expand, increasing the demand for efficient cooling systems like water chillers.

The US market dominated the North America Water Chillers Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $1,495 Million by 2029. The Canada market is exhibiting a CAGR of 4.9% during (2023 - 2029). Additionally, The Mexico market would showcase a CAGR of 3.9% 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 U.S., Mexico, Canada, and Rest of North America.

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

• US
• Canada
• Mexico
• Rest of North America

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 North America Water Chillers Market, by Industry
1.4.2 North America Water Chillers Market, by Capacity
1.4.3 North America Water Chillers Market, by System
1.4.4 North America Water Chillers Market, by Type
1.4.5 North America 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. North America Water Chillers Market by Industry
3.1 North America Chemicals & Petrochemicals Market by Country
3.2 North America Food & Beverages Market by Country
3.3 North America Medical Market by Country
3.4 North America Plastics & Rubber Market by Country
3.5 North America Others Market by Country

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

Chapter 5. North America Water Chillers Market by System
5.1 North America Continuous Flow Market by Country
5.2 North America Water Accumulation Market by Country

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

Chapter 7. North America Water Chillers Market by Country
7.1 US Water Chillers Market
7.1.1 US Water Chillers Market by Industry
7.1.2 US Water Chillers Market by Capacity
7.1.3 US Water Chillers Market by System
7.1.4 US Water Chillers Market by Type
7.2 Canada Water Chillers Market
7.2.1 Canada Water Chillers Market by Industry
7.2.2 Canada Water Chillers Market by Capacity
7.2.3 Canada Water Chillers Market by System
7.2.4 Canada Water Chillers Market by Type
7.3 Mexico Water Chillers Market
7.3.1 Mexico Water Chillers Market by Industry
7.3.2 Mexico Water Chillers Market by Capacity
7.3.3 Mexico Water Chillers Market by System
7.3.4 Mexico Water Chillers Market by Type
7.4 Rest of North America Water Chillers Market
7.4.1 Rest of North America Water Chillers Market by Industry
7.4.2 Rest of North America Water Chillers Market by Capacity
7.4.3 Rest of North America Water Chillers Market by System
7.4.4 Rest of North America 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
8.1 Dimplex Thermal Solutions, Inc. (Glen Dimplex Ireland)
8.10.1 Company overview

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

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