Industry: Machinery & Equipment
Published Date: 2025-02-25
Pages: 80 Pages
Report ld: 4232096
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HVAC Chillers Market Size(US$)

CAGR 2025-2031
3.2%
Market Size,2031
USD 9,409
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global HVAC Chillers market size was US$ 7571 million in 2024 and is forecast to a readjusted size of US$ 9409 million by 2031 with a CAGR of 3.2% during the forecast period 2025-2031.
Heating, ventilation, and air conditioning (HVAC) chillers are equipment used to cool a building or an equipment. HVAC is an assembly of various types of equipment installed together to provide heating and cooling. It is also used in different industries to keep the machinery running by maintaining the temperature of the place where machines are installed.
One of the primary drivers for this market is the growing demand for district cooling. District cooling is replacing the traditional air cooling methods because of increased advantages like energy-saving, low environmental damage, and reduced maintenance needs. Furthermore, the increasing tourism market in nations of MEA and Asia has enhanced the construction of hotels and public infrastructure, which make extensive use of district cooling. HVAC chillers are one of the major facilities of district cooling. Also, the demand for airports, sports complexes, religious sites, and public infrastructure in the Southeast Asian countries will augment growth in the global HVAC chillers market during the forecast period.
The global HVAC Chillers market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global HVAC Chillers market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2020-2031.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Sales and revenue of HVAC Chillers in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region.
Chapter 3: Detailed analysis of HVAC Chillers manufacturers competitive landscape, sales, revenue, price, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the sales, revenue, price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the sales, revenue, price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Region analysis by company, by customer, by Type, by Application, sales, revenue, and price for each segment,
Chapter 7: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, HVAC Chillers revenue, gross margin, and recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Sales channels analysis
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
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All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 HVAC Chillers Product Scope
1.2 HVAC Chillers by Type
1.2.1 Global HVAC Chillers Sales by Type (2020 & 2024 & 2031)
1.2.2 Screw Chillers
1.2.3 Scroll Chillers
1.2.4 Centrifugal Chillers
1.2.5 Others
1.3 HVAC Chillers by Application
1.3.1 Global HVAC Chillers Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Industrial
1.3.3 Commercial
1.4 Global HVAC Chillers Market Estimates and Forecasts (2020-2031)
1.4.1 Global HVAC Chillers Market Size in Value Growth Rate (2020-2031)
1.4.2 Global HVAC Chillers Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global HVAC Chillers Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global HVAC Chillers Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global HVAC Chillers Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global HVAC Chillers Sales Market Share by Region (2020-2025)
2.2.2 Global HVAC Chillers Revenue Market Share by Region (2020-2025)
2.3 Global HVAC Chillers Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global HVAC Chillers Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global HVAC Chillers Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 North America HVAC Chillers Market Size and Prospective (2020-2031)
2.4.2 Europe HVAC Chillers Market Size and Prospective (2020-2031)
2.4.3 China HVAC Chillers Market Size and Prospective (2020-2031)
2.4.4 Japan HVAC Chillers Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global HVAC Chillers Historic Market Review by Type (2020-2025)
3.1.1 Global HVAC Chillers Sales by Type (2020-2025)
3.1.2 Global HVAC Chillers Revenue by Type (2020-2025)
3.1.3 Global HVAC Chillers Price by Type (2020-2025)
3.2 Global HVAC Chillers Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global HVAC Chillers Sales Forecast by Type (2026-2031)
3.2.2 Global HVAC Chillers Revenue Forecast by Type (2026-2031)
3.2.3 Global HVAC Chillers Price Forecast by Type (2026-2031)
3.3 Different Types HVAC Chillers Representative Players
4 Global Market Size by Application
4.1 Global HVAC Chillers Historic Market Review by Application (2020-2025)
4.1.1 Global HVAC Chillers Sales by Application (2020-2025)
4.1.2 Global HVAC Chillers Revenue by Application (2020-2025)
4.1.3 Global HVAC Chillers Price by Application (2020-2025)
4.2 Global HVAC Chillers Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global HVAC Chillers Sales Forecast by Application (2026-2031)
4.2.2 Global HVAC Chillers Revenue Forecast by Application (2026-2031)
4.2.3 Global HVAC Chillers Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in HVAC Chillers Application
5 Competition Landscape by Players
5.1 Global HVAC Chillers Sales by Players (2020-2025)
5.2 Global Top HVAC Chillers Players by Revenue (2020-2025)
5.3 Global HVAC Chillers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in HVAC Chillers as of 2024)
5.4 Global HVAC Chillers Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of HVAC Chillers, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of HVAC Chillers, Product Type & Application
5.7 Global Key Manufacturers of HVAC Chillers, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America HVAC Chillers Sales by Company
6.1.1.1 North America HVAC Chillers Sales by Company (2020-2025)
6.1.1.2 North America HVAC Chillers Revenue by Company (2020-2025)
6.1.2 North America HVAC Chillers Sales Breakdown by Type (2020-2025)
6.1.3 North America HVAC Chillers Sales Breakdown by Application (2020-2025)
6.1.4 North America HVAC Chillers Major Customer
6.1.5 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe HVAC Chillers Sales by Company
6.2.1.1 Europe HVAC Chillers Sales by Company (2020-2025)
6.2.1.2 Europe HVAC Chillers Revenue by Company (2020-2025)
6.2.2 Europe HVAC Chillers Sales Breakdown by Type (2020-2025)
6.2.3 Europe HVAC Chillers Sales Breakdown by Application (2020-2025)
6.2.4 Europe HVAC Chillers Major Customer
6.2.5 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China HVAC Chillers Sales by Company
6.3.1.1 China HVAC Chillers Sales by Company (2020-2025)
6.3.1.2 China HVAC Chillers Revenue by Company (2020-2025)
6.3.2 China HVAC Chillers Sales Breakdown by Type (2020-2025)
6.3.3 China HVAC Chillers Sales Breakdown by Application (2020-2025)
6.3.4 China HVAC Chillers Major Customer
6.3.5 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan HVAC Chillers Sales by Company
6.4.1.1 Japan HVAC Chillers Sales by Company (2020-2025)
6.4.1.2 Japan HVAC Chillers Revenue by Company (2020-2025)
6.4.2 Japan HVAC Chillers Sales Breakdown by Type (2020-2025)
6.4.3 Japan HVAC Chillers Sales Breakdown by Application (2020-2025)
6.4.4 Japan HVAC Chillers Major Customer
6.4.5 Japan Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 DAIKIN INDUSTRIES
7.1.1 DAIKIN INDUSTRIES Company Information
7.1.2 DAIKIN INDUSTRIES Business Overview
7.1.3 DAIKIN INDUSTRIES HVAC Chillers Sales, Revenue and Gross Margin (2020-2025)
7.1.4 DAIKIN INDUSTRIES HVAC Chillers Products Offered
7.1.5 DAIKIN INDUSTRIES Recent Development
7.2 Ingersoll Rand (Trane)
7.2.1 Ingersoll Rand (Trane) Company Information
7.2.2 Ingersoll Rand (Trane) Business Overview
7.2.3 Ingersoll Rand (Trane) HVAC Chillers Sales, Revenue and Gross Margin (2020-2025)
7.2.4 Ingersoll Rand (Trane) HVAC Chillers Products Offered
7.2.5 Ingersoll Rand (Trane) Recent Development
7.3 Johnson Controls
7.3.1 Johnson Controls Company Information
7.3.2 Johnson Controls Business Overview
7.3.3 Johnson Controls HVAC Chillers Sales, Revenue and Gross Margin (2020-2025)
7.3.4 Johnson Controls HVAC Chillers Products Offered
7.3.5 Johnson Controls Recent Development
7.4 LG Electronics
7.4.1 LG Electronics Company Information
7.4.2 LG Electronics Business Overview
7.4.3 LG Electronics HVAC Chillers Sales, Revenue and Gross Margin (2020-2025)
7.4.4 LG Electronics HVAC Chillers Products Offered
7.4.5 LG Electronics Recent Development
7.5 Mitsubishi Electric
7.5.1 Mitsubishi Electric Company Information
7.5.2 Mitsubishi Electric Business Overview
7.5.3 Mitsubishi Electric HVAC Chillers Sales, Revenue and Gross Margin (2020-2025)
7.5.4 Mitsubishi Electric HVAC Chillers Products Offered
7.5.5 Mitsubishi Electric Recent Development
7.6 United Technologies (Carrier)
7.6.1 United Technologies (Carrier) Company Information
7.6.2 United Technologies (Carrier) Business Overview
7.6.3 United Technologies (Carrier) HVAC Chillers Sales, Revenue and Gross Margin (2020-2025)
7.6.4 United Technologies (Carrier) HVAC Chillers Products Offered
7.6.5 United Technologies (Carrier) Recent Development
8 HVAC Chillers Manufacturing Cost Analysis
8.1 HVAC Chillers Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of HVAC Chillers
8.4 HVAC Chillers Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 HVAC Chillers Distributors List
9.3 HVAC Chillers Customers
10 HVAC Chillers Market Dynamics
10.1 HVAC Chillers Industry Trends
10.2 HVAC Chillers Market Drivers
10.3 HVAC Chillers Market Challenges
10.4 HVAC Chillers Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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The global market for HVAC Chillers was estimated to be worth US$ 7789 million in 2025 and is projected to reach US$ 9680 million, growing at a CAGR of 3.2% from 2026 to 2032.
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The global HVAC Chillers market was valued at US$ 7789 million in 2025 and is anticipated to reach US$ 9680 million by 2032, at a CAGR of 3.2% from 2026 to 2032.
Published: 2026-04-28
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The global HVAC Chillers market is projected to grow from US$ 7571 million in 2024 to US$ 9409 million by 2031, at a CAGR of 3.2% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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