Europe Chillers Market Size, Share & Industry Trends Analysis Report By Type, By End User, By Product Type (Water Cooled Chiller and Air Cooled Chiller), By Power Range, By Country and Growth Forecast, 2023 - 2029

The Europe Chillers Market would witness market growth of 3.1% CAGR during the forecast period (2023-2029).

The need for cooling equipment is projected to increase due to rising temperatures caused by global warming. As a result, the market is expected to grow in using chillers because of their capacity to manage internal temperature and remove heat from the building. Commercial, residential, and industrial buildings' excess heat is removed using chillers to provide air conditioning. These devices use refrigerants to remove heat from the condenser and evaporators. The two vapor compression chillers—air-cooled and water-cooled—use an electrically powered mechanical compressor to push the refrigerant through the systems.

However, vapor absorption coolers use heat sources, like hot water or steam, to facilitate the refrigerant's flow inside the system, which allows the refrigerant to migrate across regions of various pressures and temperatures. Public infrastructures like offices, hospitals, shopping centers, and housing societies have received major investment from the governments of numerous emerging nations. The economy’s growth in construction investment due to rapid economic, industrial, and population growth is expected to positively affect the market.

Germany is home to the world's fourth-largest industry and is a significant player in pharmaceutical production in Europe. The pharmaceutical industry saw a 5.7% increase in revenue in 2019, bringing the total to 46.4 billion euros. The clinic division contributed 14% of revenue to the pharmacy segment, which generated 85% of total revenue. During the same year, sales of medications in pharmacies rose by 5.3%, reaching a total of 58.8 billion euros. More than 500 pharmaceutical companies call Germany home, including national corporations and businesses with offices abroad. This is anticipated to enhance the demand in the regional market.

The Germany market dominated the Europe Chillers Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $650.4 million by 2029. The UK market is estimated to grow at a CAGR of 2.2% during (2023 - 2029). Additionally, The France market would showcase a CAGR of 3.9% during (2023 - 2029).

Based on Type, the market is segmented into Screw Chiller, Scroll Chiller, Centrifugal Chiller and Others. Based on End User, the market is segmented into Chemicals & Petrochemicals, Food & Beverages, Medical and Others. Based on Product Type, the market is segmented into Water Cooled Chiller and Air Cooled Chiller. Based on Power Range, the market is segmented into More than 200 kW, 50-200 kW and Less than 50 kW. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Worldwide Chillers Market is Projected to reach USD 13.2 Billion by 2029, at a CAGR of 4%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Carrier Global Corporation, Mitsubishi Electric Corporation, Daikin Industries, Ltd., Dimplex Thermal Solutions, Inc. (GlenDimplex), LG Electronics (LG Corporation), Johnson Controls International PLC, PolyScience (Preston Industries, Inc.), Smardt Chiller Group Inc. (Nanjing TICA Environmental Technology Co., Ltd.), Thermax Limited and Trane Technologies PLC.

Scope of the Study

Market Segments Covered in the Report:

By Type

• Screw Chiller
• Scroll Chiller
• Centrifugal Chiller
• Others

By End User

• Chemicals & Petrochemicals
• Food & Beverages
• Medical
• Others

By Product Type

• Water Cooled Chiller
• Air Cooled Chiller

By Power Range

• More than 200 kW
• 50-200 kW
• Less than 50 kW

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

• Carrier Global Corporation
• Mitsubishi Electric Corporation
• Daikin Industries, Ltd.
• Dimplex Thermal Solutions, Inc. (GlenDimplex)
• LG Electronics (LG Corporation)
• Johnson Controls International PLC
• PolyScience (Preston Industries, Inc.)
• Smardt Chiller Group Inc. (Nanjing TICA Environmental Technology Co., Ltd.)
• Thermax Limited
• Trane Technologies PLC

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Chillers Market, by Type
1.4.2 Europe Chillers Market, by End User
1.4.3 Europe Chillers Market, by Product Type
1.4.4 Europe Chillers Market, by Power Range
1.4.5 Europe Chillers Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2020, Aug – 2023, Feb) Leading Players

Chapter 4. Europe Chillers Market by Type
4.1 Europe Screw Chiller Market by Country
4.2 Europe Scroll Chiller Market by Country
4.3 Europe Centrifugal Chiller Market by Country
4.4 Europe Others Market by Country

Chapter 5. Europe Chillers Market by End User
5.1 Europe Chemicals & Petrochemicals Market by Country
5.2 Europe Food & Beverages Market by Country
5.3 Europe Medical Market by Country
5.4 Europe Others Market by Country

Chapter 6. Europe Chillers Market by Product Type
6.1 Europe Water Cooled Chiller Market by Country
6.2 Europe Air Cooled Chiller Market by Country

Chapter 7. Europe Chillers Market by Power Range
7.1 Europe More than 200 kW Market by Country
7.2 Europe 50-200 kW Market by Country
7.3 Europe Less than 50 kW Market by Country

Chapter 8. Europe Chillers Market by Country
8.1 Germany Chillers Market
8.1.1 Germany Chillers Market by Type
8.1.2 Germany Chillers Market by End User
8.1.3 Germany Chillers Market by Product Type
8.1.4 Germany Chillers Market by Power Range
8.2 UK Chillers Market
8.2.1 UK Chillers Market by Type
8.2.2 UK Chillers Market by End User
8.2.3 UK Chillers Market by Product Type
8.2.4 UK Chillers Market by Power Range
8.3 France Chillers Market
8.3.1 France Chillers Market by Type
8.3.2 France Chillers Market by End User
8.3.3 France Chillers Market by Product Type
8.3.4 France Chillers Market by Power Range
8.4 Russia Chillers Market
8.4.1 Russia Chillers Market by Type
8.4.2 Russia Chillers Market by End User
8.4.3 Russia Chillers Market by Product Type
8.4.4 Russia Chillers Market by Power Range
8.5 Spain Chillers Market
8.5.1 Spain Chillers Market by Type
8.5.2 Spain Chillers Market by End User
8.5.3 Spain Chillers Market by Product Type
8.5.4 Spain Chillers Market by Power Range
8.6 Italy Chillers Market
8.6.1 Italy Chillers Market by Type
8.6.2 Italy Chillers Market by End User
8.6.3 Italy Chillers Market by Product Type
8.6.4 Italy Chillers Market by Power Range
8.7 Rest of Europe Chillers Market
8.7.1 Rest of Europe Chillers Market by Type
8.7.2 Rest of Europe Chillers Market by End User
8.7.3 Rest of Europe Chillers Market by Product Type
8.7.4 Rest of Europe Chillers Market by Power Range

Chapter 9. Company Profiles
9.1 Carrier Global Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.5.2 Acquisition and Mergers:
9.2 Trane Technologies PLC
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.5.3 Acquisition and Mergers:
9.3 Mitsubishi Electric Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.5.2 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Daikin Industries Ltd.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional & Segmental Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.5.2 Acquisition and Mergers:
9.5 Dimplex Thermal Solutions, Inc. (GlenDimplex)
9.5.1 Company overview
9.6 Johnson Controls International PLC
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental & Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.5.2 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 LG Electronics, Inc. (LG Corporation)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional & Segmental Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Product Launches and Product Expansions:
9.7.1 SWOT Analysis
9.8 Thermax Limited
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Geographical Expansions:
9.9 PolyScience (Preston Industries, Inc.)
9.9.1 Company Overview
9.10. Smardt Chiller Group Inc. (Nanjing TICA Environmental Technology Co., Ltd.)
9.10.1 Company Overview

TABLE 1 Europe Chillers Market, 2019 - 2022, USD Million
TABLE 2 Europe Chillers Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Chillers Market
TABLE 4 Product Launches And Product Expansions– Chillers Market
TABLE 5 Acquisition and Mergers– Chillers Market
TABLE 6 Geographical Expansions– Chillers Market
TABLE 7 Europe Chillers Market by Type, 2019 - 2022, USD Million
TABLE 8 Europe Chillers Market by Type, 2023 - 2029, USD Million
TABLE 9 Europe Screw Chiller Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Screw Chiller Market by Country, 2023 - 2029, USD Million
TABLE 11 Europe Scroll Chiller Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Scroll Chiller Market by Country, 2023 - 2029, USD Million
TABLE 13 Europe Centrifugal Chiller Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Centrifugal Chiller Market by Country, 2023 - 2029, USD Million
TABLE 15 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Others Market by Country, 2023 - 2029, USD Million
TABLE 17 Europe Chillers Market by End User, 2019 - 2022, USD Million
TABLE 18 Europe Chillers Market by End User, 2023 - 2029, USD Million
TABLE 19 Europe Chemicals & Petrochemicals Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Chemicals & Petrochemicals Market by Country, 2023 - 2029, USD Million
TABLE 21 Europe Food & Beverages Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Food & Beverages Market by Country, 2023 - 2029, USD Million
TABLE 23 Europe Medical Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Medical Market by Country, 2023 - 2029, USD Million
TABLE 25 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Others Market by Country, 2023 - 2029, USD Million
TABLE 27 Europe Chillers Market by Product Type, 2019 - 2022, USD Million
TABLE 28 Europe Chillers Market by Product Type, 2023 - 2029, USD Million
TABLE 29 Europe Water Cooled Chiller Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Water Cooled Chiller Market by Country, 2023 - 2029, USD Million
TABLE 31 Europe Air Cooled Chiller Market by Country, 2019 - 2022, USD Million
TABLE 32 Europe Air Cooled Chiller Market by Country, 2023 - 2029, USD Million
TABLE 33 Europe Chillers Market by Power Range, 2019 - 2022, USD Million
TABLE 34 Europe Chillers Market by Power Range, 2023 - 2029, USD Million
TABLE 35 Europe More than 200 kW Market by Country, 2019 - 2022, USD Million
TABLE 36 Europe More than 200 kW Market by Country, 2023 - 2029, USD Million
TABLE 37 Europe 50-200 kW Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe 50-200 kW Market by Country, 2023 - 2029, USD Million
TABLE 39 Europe Less than 50 kW Market by Country, 2019 - 2022, USD Million
TABLE 40 Europe Less than 50 kW Market by Country, 2023 - 2029, USD Million
TABLE 41 Europe Chillers Market by Country, 2019 - 2022, USD Million
TABLE 42 Europe Chillers Market by Country, 2023 - 2029, USD Million
TABLE 43 Germany Chillers Market, 2019 - 2022, USD Million
TABLE 44 Germany Chillers Market, 2023 - 2029, USD Million
TABLE 45 Germany Chillers Market by Type, 2019 - 2022, USD Million
TABLE 46 Germany Chillers Market by Type, 2023 - 2029, USD Million
TABLE 47 Germany Chillers Market by End User, 2019 - 2022, USD Million
TABLE 48 Germany Chillers Market by End User, 2023 - 2029, USD Million
TABLE 49 Germany Chillers Market by Product Type, 2019 - 2022, USD Million
TABLE 50 Germany Chillers Market by Product Type, 2023 - 2029, USD Million
TABLE 51 Germany Chillers Market by Power Range, 2019 - 2022, USD Million
TABLE 52 Germany Chillers Market by Power Range, 2023 - 2029, USD Million
TABLE 53 UK Chillers Market, 2019 - 2022, USD Million
TABLE 54 UK Chillers Market, 2023 - 2029, USD Million
TABLE 55 UK Chillers Market by Type, 2019 - 2022, USD Million
TABLE 56 UK Chillers Market by Type, 2023 - 2029, USD Million
TABLE 57 UK Chillers Market by End User, 2019 - 2022, USD Million
TABLE 58 UK Chillers Market by End User, 2023 - 2029, USD Million
TABLE 59 UK Chillers Market by Product Type, 2019 - 2022, USD Million
TABLE 60 UK Chillers Market by Product Type, 2023 - 2029, USD Million
TABLE 61 UK Chillers Market by Power Range, 2019 - 2022, USD Million
TABLE 62 UK Chillers Market by Power Range, 2023 - 2029, USD Million
TABLE 63 France Chillers Market, 2019 - 2022, USD Million
TABLE 64 France Chillers Market, 2023 - 2029, USD Million
TABLE 65 France Chillers Market by Type, 2019 - 2022, USD Million
TABLE 66 France Chillers Market by Type, 2023 - 2029, USD Million
TABLE 67 France Chillers Market by End User, 2019 - 2022, USD Million
TABLE 68 France Chillers Market by End User, 2023 - 2029, USD Million
TABLE 69 France Chillers Market by Product Type, 2019 - 2022, USD Million
TABLE 70 France Chillers Market by Product Type, 2023 - 2029, USD Million
TABLE 71 France Chillers Market by Power Range, 2019 - 2022, USD Million
TABLE 72 France Chillers Market by Power Range, 2023 - 2029, USD Million
TABLE 73 Russia Chillers Market, 2019 - 2022, USD Million
TABLE 74 Russia Chillers Market, 2023 - 2029, USD Million
TABLE 75 Russia Chillers Market by Type, 2019 - 2022, USD Million
TABLE 76 Russia Chillers Market by Type, 2023 - 2029, USD Million
TABLE 77 Russia Chillers Market by End User, 2019 - 2022, USD Million
TABLE 78 Russia Chillers Market by End User, 2023 - 2029, USD Million
TABLE 79 Russia Chillers Market by Product Type, 2019 - 2022, USD Million
TABLE 80 Russia Chillers Market by Product Type, 2023 - 2029, USD Million
TABLE 81 Russia Chillers Market by Power Range, 2019 - 2022, USD Million
TABLE 82 Russia Chillers Market by Power Range, 2023 - 2029, USD Million
TABLE 83 Spain Chillers Market, 2019 - 2022, USD Million
TABLE 84 Spain Chillers Market, 2023 - 2029, USD Million
TABLE 85 Spain Chillers Market by Type, 2019 - 2022, USD Million
TABLE 86 Spain Chillers Market by Type, 2023 - 2029, USD Million
TABLE 87 Spain Chillers Market by End User, 2019 - 2022, USD Million
TABLE 88 Spain Chillers Market by End User, 2023 - 2029, USD Million
TABLE 89 Spain Chillers Market by Product Type, 2019 - 2022, USD Million
TABLE 90 Spain Chillers Market by Product Type, 2023 - 2029, USD Million
TABLE 91 Spain Chillers Market by Power Range, 2019 - 2022, USD Million
TABLE 92 Spain Chillers Market by Power Range, 2023 - 2029, USD Million
TABLE 93 Italy Chillers Market, 2019 - 2022, USD Million
TABLE 94 Italy Chillers Market, 2023 - 2029, USD Million
TABLE 95 Italy Chillers Market by Type, 2019 - 2022, USD Million
TABLE 96 Italy Chillers Market by Type, 2023 - 2029, USD Million
TABLE 97 Italy Chillers Market by End User, 2019 - 2022, USD Million
TABLE 98 Italy Chillers Market by End User, 2023 - 2029, USD Million
TABLE 99 Italy Chillers Market by Product Type, 2019 - 2022, USD Million
TABLE 100 Italy Chillers Market by Product Type, 2023 - 2029, USD Million
TABLE 101 Italy Chillers Market by Power Range, 2019 - 2022, USD Million
TABLE 102 Italy Chillers Market by Power Range, 2023 - 2029, USD Million
TABLE 103 Rest of Europe Chillers Market, 2019 - 2022, USD Million
TABLE 104 Rest of Europe Chillers Market, 2023 - 2029, USD Million
TABLE 105 Rest of Europe Chillers Market by Type, 2019 - 2022, USD Million
TABLE 106 Rest of Europe Chillers Market by Type, 2023 - 2029, USD Million
TABLE 107 Rest of Europe Chillers Market by End User, 2019 - 2022, USD Million
TABLE 108 Rest of Europe Chillers Market by End User, 2023 - 2029, USD Million
TABLE 109 Rest of Europe Chillers Market by Product Type, 2019 - 2022, USD Million
TABLE 110 Rest of Europe Chillers Market by Product Type, 2023 - 2029, USD Million
TABLE 111 Rest of Europe Chillers Market by Power Range, 2019 - 2022, USD Million
TABLE 112 Rest of Europe Chillers Market by Power Range, 2023 - 2029, USD Million
TABLE 113 Key Information – Carrier Global Corporation
TABLE 114 Key Information – Trane Technologies PLC
TABLE 115 key information – Mitsubishi Electric Corporation
TABLE 116 Key information – Daikin Industries, Ltd.
TABLE 117 Key Information – Dimplex Thermal Solutions, Inc.
TABLE 118 Key Information – Johnson Controls International PLC
TABLE 119 Key information – LG Electronics, Inc.
TABLE 120 Key Information – Thermax Limited
TABLE 121 Key Information – PolyScience
TABLE 122 Key Information – Smardt Chiller Group Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 5 Key Strategic Move: (Product Launches and Product Expansions: 2020, Aug – 2023, Feb) Leading Players
FIG 6 Europe Chillers Market Share by Type, 2022
FIG 7 Europe Chillers Market Share by Type, 2029
FIG 8 Europe Chillers Market by Type, 2019 - 2029, USD Million
FIG 9 Europe Chillers Market Share by End User, 2022
FIG 10 Europe Chillers Market Share by End User, 2029
FIG 11 Europe Chillers Market by End User, 2019 - 2029, USD Million
FIG 12 Europe Chillers Market Share by Product Type, 2022
FIG 13 Europe Chillers Market Share by Product Type, 2029
FIG 14 Europe Chillers Market by Product Type, 2019 - 2029, USD Million
FIG 15 Europe Chillers Market Share by Power Range, 2022
FIG 16 Europe Chillers Market Share by Power Range, 2029
FIG 17 Europe Chillers Market by Power Range, 2019 - 2029, USD Million
FIG 18 Europe Chillers Market Share by Country, 2022
FIG 19 Europe Chillers Market Share by Country, 2029
FIG 20 Europe Chillers Market by Country, 2019 - 2029, USD Million
FIG 21 Recent strategies and developments: Carrier Global Corporation
FIG 22 Recent strategies and developments: Trane Technologies PLC
FIG 23 Recent strategies and developments: Mitsubishi Electric Corporation
FIG 24 SWOT Analysis: Mitsubishi Electric Corporation
FIG 25 Recent strategies and developments: Daikin Industries, Ltd.
FIG 26 swot analsyis: Johnson controls international plc
FIG 27 Swot analysis: LG Corporation