A water chiller is a mechanical device used to facilitate heat exchange from water to a refrigerant in a closed loop system. Chillers have widespread industrial applications. They are also in huge demand in the Beverages, Plastics, and Medical industries. Chillers are available in different sizes and cooling capacities and have a range of energy consumption levels to meet the requirements of end-users.
US sales of water chiller was about 77627 units in 2015, and will reach to 81250 units in 2016. From 2011 to 2015, the annual growth rate was about 5.56%.

The major brands include Trane (Ingersoll-Rand), Carrier, Parker Hannifin , Lennox, Dimplex \\, Thermal Solutions, EcoChillers., Thermal Care, SMC and Dinkin (McQuay), these companies occupied above 60% market share. And the top five players occupied about 50% market share.

Plastics & Rubber and Food Processing are the largest consumption field, occupied above 45% market share. Centrifugal chillers and reciprocating chillers are major product type, and have about 63 market share.

In the future, the growth rate will be about 5.52%, and the production will reach to 106267 units in 2021. Finally, although sales of water chiller products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the Water chiller field hastily.

The Water Chiller Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.

The report offers detailed coverage of Water Chiller industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Water Chiller by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Water Chiller market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.

First, this report covers the present status and the future prospects of the global Water Chiller market for 2015-2027.

Key Companies
Carrier
Parker Hannifin
Lennox
Dimplex Thermal Solutions
EcoChillers
Thermal Care
SMC
Dinkin (McQuay)
Lytron Chillers
Mammoth
Toshiba
Bosch
Advantage Engineering
Mitsubshi
Filtrine
Fluid Chillers
Budzar Industries
Legacy Chiller Systems USA
Cold Shot Chillers
General Air Products
Dry Coolers
Orion Machinery

Water Chiller Market by Type
Screw Chillers
Centrifugal Chillers
Reciprocating Chillers
Other
Water Chiller Market by Application
Medical
Chemical & Pharmaceutical
Plastics & Rubber
Metal forming
Food Processing
Other

Water Chiller Market by Region
United States
Europe
China
Japan
Other Regions

Water Chiller Market Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa


At the same time, we classify Water Chiller according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the Water Chiller market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the Water Chiller market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the Water Chiller market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.

Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Water Chiller market for the forecast period 2021 - 2027?
• What are the driving forces in the Water Chiller market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Water Chiller industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

For any other requirements, please feel free to contact us and we will provide you customized report.

Research Methodology

The Market Reports Insights offers technology-driven solutions and its full integration in the research process to be skilled at every step. We use diverse assets to produce the best results for our clients. The success of a research project is completely reliant on the research process adopted by the company. Market Reports Insights assists its clients to recognize opportunities by examining the global market and offering economic insights. We are proud of our extensive coverage that encompasses the understanding of numerous major industry domains.

Market Reports Insights provide consistency in our research report, also we provide on the part of the analysis of forecast across a gamut of coverage geographies and coverage. The research teams carry out primary and secondary research to implement and design the data collection procedure. The research team then analyzes data about the latest trends and major issues in reference to each industry and country. This helps to determine the anticipated market-related procedures in the future. The company offers technology-driven solutions and its full incorporation in the research method to be skilled at each step.

The Company's Research Process Has the Following Advantages:

1. Information Procurement

The step comprises the procurement of market-related information or data via different methodologies & sources.

2. Information Investigation

This step comprises the mapping and investigation of all the information procured from the earlier step. It also includes the analysis of data differences observed across numerous data sources.

3. Highly Authentic Source

We offer highly authentic information from numerous sources. To fulfills the client’s requirement.

4. Market Formulation

This step entails the placement of data points at suitable market spaces in an effort to assume possible conclusions. Analyst viewpoint and subject matter specialist based examining the form of market sizing also plays an essential role in this step.

5. Validation & Publishing of Information

Validation is a significant step in the procedure. Validation via an intricately designed procedure assists us to conclude data-points to be used for final calculations.