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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Hvac Chillers Market
Request Now !The global HVAC chillers market is experiencing significant growth in few years, due to growth in residential and commercial properties. HVAC Chillers play a crucial role in maintaining the required temperature of any room, machine or device. These chillers can be used in a wide range of living spaces, such as small to large rooms, garages, basement and Crawl Spaces. The popularity of HVAC chillers is increasing due to various advantages such as portability, convenience, and quick and easy maintenance. In addition, acceptance of HVAC chillers in restaurants, hotels, kitchens and dining rooms is increasing to address temperature level concerns. Moreover, other industries where these chillers are used are rubber, petrochemical, medical, plastic and commercial office buildings.
Market Scope and Structure Analysis
Air conditioning is an essential part of any commercial, residential and industrial facility. Separate AC units are required for smaller structures, but central air condition is vital for large ones. In such centralised systems, huge AC chillers are used to provide cooling for industrial and commercial applications. With the growth of large structures and industries, there is need to make each product cost-effective. Hence, the operation and maintenance of chillers has become extremely important.
Report Metric | Details |
 Market Size Available for years |  2021 – 2030 |
     Base Year Considered |  2020 |
 Forecast Period |  2021 – 2030 |
 Forecast Unit |  Value (USD) |
 Segments Covered |  By Product,  End User,  Cooling type and Region |
 Companies Covered | Johnsons Controls, LG Electronics, SKM air conditioning LLC, Thermal Care Inc.,Polyscience, Bluebox Mitsubishi Electric, Daikin Industries, Thermionics Corporation, Carrier Global Corporation |
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COVID-19 Impact Analysis
Top Impacting Factors
The increasing demand for district cooling systems in many industries and high-rise buildings is a key driver of HVAC chillers market. District cooling is also known as centralized generation and distribution of cooling energy, replaces traditional air cooling systems as it is less expensive and more energy efficient. The rise of the tourism industry on a global scale has boost the the construction of hotels and public infrastructure where HVAC chillers can be used on a large scale. In addition, the growth of skyscrapers is expected to fuel the growth of HVAC chillers market as these chillers are widely used in cooling and ventilation of skyscrapers.
Market Trend
Key Benefits of the Report
Key Market Segments
Segments | Sub-segments |
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By Product Type |
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By Cooling Type |
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By End User |
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By Region |
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