What are HVAC Chillers? An Overview

HVAC chillers are the main component of HVAC systems that provide cooling for industrial, commercial, and residential applications. Growing preference for district cooling systems in industries and high-rise buildings are the major driver for the HVAC chillers market. Increasing population and urbanization, rising temperature, and pollution across the globe due to the uncontrollable greenhouse and other toxic gas emissions result in the rising installation of HVAC systems, which fuels the HVAC chillers market growth.

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Growing replacement of traditional air-cooling systems, due to its benefits such as high efficiency, low maintenance, and less operational costs. This, in turn, booming the growth for the HVAC chillers market during the forecast period. Further, the emerging need for comfortable and safe indoor environment systems is likely to flourish the HVAC chillers market. The growing construction of industrial and commercial buildings such as hospitals, educational institutions, hotels, shopping malls, etc. are expected to provide ample growth opportunities for the HVAC chillers market in the coming years.

Leading Key Players

·         Airedale International Air Conditioning Ltd.

·         Carrier Global Corporation

·         Daikin Industries, Ltd.

·         Johnson Controls International plc

·         Kaltra Innovativtechnik GmbH

·         LG Electronics

·         Mitsubishi Electric Corporation

·         S.K.M Air Conditioning LLC

·         Thermal Care, Inc.

·         Trane Technologies Company

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