Global Modular Chillers Market is expected to reach $4.84 billion by 2027 growing at a CAGR of 8.1% during 2018 to 2027.

Some of the key players profiled in the Modular Chillers Market are Ingersoll Rand, Gree Electric Appliances, Mcquay Air-Conditioning, Johnson Controls-Hitachi Air Conditioning, Qingdao Haier, Mitsubishi Electric Hydronics & It Cooling Systems, and LG Electronics.

Gaithersburg, Maryland, United States - October 3, 2019 /MarketersMedia/ —

Growing commercial construction projects and stringent government regulations on energy efficiency and emissions are the key factors influence the market growth. Moreover, rising industrial applications will provide ample opportunities for the market growth. However, high setup cost is limiting market growth.

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Modular chillers are ideal for space cooling and process cooling in commercial, residential, and industrial applications. Modular chillers are dependable, cost-effective chillers available in water-cooled and air-cooled types ranging in size from 20 to 60 nominal tons each. Modular chillers are compact in size, energy-efficient, and flexible in function. These chillers come in compact modules and can be connected in parallel from 6 units to 12 units to increase the overall cooling capacity of chiller systems.

By Application, water-cooled modular chillers segment is constantly enhancing due to its superior performance. These chillers are ideal for cooling at large commercial places.

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Based on geography, Asia Pacific is going to have a lucrative growth during the forecast period owing to presence of HVAC industries and growing population.

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Types Covered:
• Air-Cooled Modular Chillers
• Water-Cooled Modular Chillers

Applications Covered:
• Residential
• Industrial
• Commercial
• Hospital
• Transportation

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Source URL: https://marketersmedia.com/global-modular-chillers-market-is-expected-to-reach-484-billion-by-2027-growing-at-a-cagr-of-81-during-2018-to-2027/88924981

Source: MarketersMedia

Release ID: 88924981