The Europe Modular Chiller Market would witness market growth of 7.7% CAGR during the forecast period (2020-2026). Modular chillers are capable of regulating room temperature & maintain comfortable cooling; hence they are extremely appropriate for industrial, residential, and commercial applications. Modular chiller is considered as a major part of HVAC systems. These systems contain parts like compressors, chilling towers, and evaporators. Additionally, these systems are highly reliable, lightweight, redundancy, energy-efficient, and provide superior capacity control.
The remarkable advantages over traditional systems, speeds up commercial construction ventures, and the rising numbers of severe governmental norms about energy efficiency are some of the factors that will boost the growth of the modular chillers market. Using a modular chiller, the operator can close any modular chiller system whenever there is a need for low cooling and can again move to a modular chiller unit when there is a high demand for cooling. These functions identify the modularity of the chiller, which enables modular chiller operators to decrease downtime, hence making it appropriate for several applications in the industrial, commercial, and residential sectors. However, the growth of the modular chiller market is expected to hamper due to the massive cost with respect to the deployment of modular chillers.
Based on Product Type, the market is segmented into Water Cooled Modular Chiller and Air Cooled Modular Chiller. Based on Application, the market is segmented into Commercial, Industrial and Residential. Based on Capacity, the market is segmented into More than 300 Tons and Below 300 Tons. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The Germany market dominated the Europe Air Cooled Modular Chiller Market by Country 2019, growing at a CAGR of 8.3 % during the forecast period. The UK market is experiencing a CAGR of 8.7% during (2020 - 2026). Additionally, The France market is anticipated to witness a CAGR of 10.3% during the forecast period.
The Commercial market dominated the Spain Modular Chiller Market by Application 2019, thereby, achieving a market value of $42.1 million by 2026. The Industrial market is showcasing a CAGR of 9.2% during (2020 - 2026). Additionally, The Residential market is exhibiting highest CAGR of 10.7% during (2020 - 2026).
Free Valuable Insights: Modular Chiller Market in Europe is expected to register a CAGR of 7.7% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson Controls International PLC, Trane Technologies PLC, Midea Group Co., Ltd., Daikin Industries, Ltd., Mitsubishi Electric Corporation, Haier Group Corporation, Carrier Global Corporation, Multistack International Limited, Gree Electric Appliances, Inc., and Frigel Group.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Water Cooled Modular Chiller
- Air Cooled Modular Chiller
By Application
- Commercial
- Industrial
- Residential
By Capacity
- More than 300 Tons
- Below 300 Tons
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Johnson Controls International PLC
- Trane Technologies PLC
- Midea Group Co., Ltd.
- Daikin Industries, Ltd.
- Mitsubishi Electric Corporation
- Haier Group Corporation
- Carrier Global Corporation
- Multistack International Limited
- Gree Electric Appliances, Inc.
- Frigel Group
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Modular Chiller Market, by Product Type
1.4.2 Europe Modular Chiller Market, by Application
1.4.3 Europe Modular Chiller Market, by Capacity
1.4.4 Europe Modular Chiller Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and 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 Product Launches and Product Expansions
3.2.2 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2016, Jun – 2020, Dec) Leading Players
Chapter 4. Europe Modular Chiller Market by Product Type
4.1 Europe Water Cooled Modular Chiller Market by Country
4.2 Europe Air Cooled Modular Chiller Market by Country
Chapter 5. Europe Modular Chiller Market by Application
5.1 Europe Modular Chiller Commercial Market by Country
5.2 Europe Modular Chiller Industrial Market by Country
5.3 Europe Modular Chiller Residential Market by Country
Chapter 6. Europe Modular Chiller Market by Capacity
6.1 Europe More than 300 Tons Modular Chiller Market by Country
6.2 Europe Below 300 Tons Modular Chiller Market by Country
Chapter 7. Europe Modular Chiller Market by Country
7.1 Germany Modular Chiller Market
7.1.1 Germany Modular Chiller Market by Product Type
7.1.2 Germany Modular Chiller Market by Application
7.1.3 Germany Modular Chiller Market by Capacity
7.2 UK Modular Chiller Market
7.2.1 UK Modular Chiller Market by Product Type
7.2.2 UK Modular Chiller Market by Application
7.2.3 UK Modular Chiller Market by Capacity
7.3 France Modular Chiller Market
7.3.1 France Modular Chiller Market by Product Type
7.3.2 France Modular Chiller Market by Application
7.3.3 France Modular Chiller Market by Capacity
7.4 Russia Modular Chiller Market
7.4.1 Russia Modular Chiller Market by Product Type
7.4.2 Russia Modular Chiller Market by Application
7.4.3 Russia Modular Chiller Market by Capacity
7.5 Spain Modular Chiller Market
7.5.1 Spain Modular Chiller Market by Product Type
7.5.2 Spain Modular Chiller Market by Application
7.5.3 Spain Modular Chiller Market by Capacity
7.6 Italy Modular Chiller Market
7.6.1 Italy Modular Chiller Market by Product Type
7.6.2 Italy Modular Chiller Market by Application
7.6.3 Italy Modular Chiller Market by Capacity
7.7 Rest of Europe Modular Chiller Market
7.7.1 Rest of Europe Modular Chiller Market by Product Type
7.7.2 Rest of Europe Modular Chiller Market by Application
7.7.3 Rest of Europe Modular Chiller Market by Capacity
Chapter 8. Company Profiles
8.1 Johnson Controls International PLC
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 Trane Technologies PLC
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Acquisition and Mergers:
8.3 Midea Group Co., Ltd.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research and Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Acquisition and Mergers:
8.4 Daikin Industries, Ltd.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional & Segmental Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Product Launches and Product Expansions:
8.4.5.2 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Mitsubishi Electric Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.5.2 Acquisition and Mergers:
8.5.6 SWOT Analysis
8.6 Haier Group Corporation
8.6.1 Company Overview
8.7 Carrier Global Corporation
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Product Launches and Product Expansions:
8.8 Multistack International Limited
8.8.1 Company Overview
8.9 Gree Electric Appliances, Inc.
8.9.1 Company Overview
8.10. Frigel Group
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Product Launches and Product Expansions:
TABLE 1 Europe Modular Chiller Market, 2016 - 2019, USD Million
TABLE 2 Europe Modular Chiller Market, 2020 - 2026, USD Million
TABLE 3 Product Launches And Product Expansions– Modular Chiller Market
TABLE 4 Acquisition and Mergers– Modular Chiller Market
TABLE 5 Europe Modular Chiller Market by Product Type, 2016 - 2019, USD Million
TABLE 6 Europe Modular Chiller Market by Product Type, 2020 - 2026, USD Million
TABLE 7 Europe Water Cooled Modular Chiller Market by Country, 2016 - 2019, USD Million
TABLE 8 Europe Water Cooled Modular Chiller Market by Country, 2020 - 2026, USD Million
TABLE 9 Europe Air Cooled Modular Chiller Market by Country, 2016 - 2019, USD Million
TABLE 10 Europe Air Cooled Modular Chiller Market by Country, 2020 - 2026, USD Million
TABLE 11 Europe Modular Chiller Market by Application, 2016 - 2019, USD Million
TABLE 12 Europe Modular Chiller Market by Application, 2020 - 2026, USD Million
TABLE 13 Europe Modular Chiller Commercial Market by Country, 2016 - 2019, USD Million
TABLE 14 Europe Modular Chiller Commercial Market by Country, 2020 - 2026, USD Million
TABLE 15 Europe Modular Chiller Industrial Market by Country, 2016 - 2019, USD Million
TABLE 16 Europe Modular Chiller Industrial Market by Country, 2020 - 2026, USD Million
TABLE 17 Europe Modular Chiller Residential Market by Country, 2016 - 2019, USD Million
TABLE 18 Europe Modular Chiller Residential Market by Country, 2020 - 2026, USD Million
TABLE 19 Europe Modular Chiller Market by Capacity, 2016 - 2019, USD Million
TABLE 20 Europe Modular Chiller Market by Capacity, 2020 - 2026, USD Million
TABLE 21 Europe More than 300 Tons Modular Chiller Market by Country, 2016 - 2019, USD Million
TABLE 22 Europe More than 300 Tons Modular Chiller Market by Country, 2020 - 2026, USD Million
TABLE 23 Europe Below 300 Tons Modular Chiller Market by Country, 2016 - 2019, USD Million
TABLE 24 Europe Below 300 Tons Modular Chiller Market by Country, 2020 - 2026, USD Million
TABLE 25 Europe Modular Chiller Market by Country, 2016 - 2019, USD Million
TABLE 26 Europe Modular Chiller Market by Country, 2020 - 2026, USD Million
TABLE 27 Germany Modular Chiller Market, 2016 - 2019, USD Million
TABLE 28 Germany Modular Chiller Market, 2020 - 2026, USD Million
TABLE 29 Germany Modular Chiller Market by Product Type, 2016 - 2019, USD Million
TABLE 30 Germany Modular Chiller Market by Product Type, 2020 - 2026, USD Million
TABLE 31 Germany Modular Chiller Market by Application, 2016 - 2019, USD Million
TABLE 32 Germany Modular Chiller Market by Application, 2020 - 2026, USD Million
TABLE 33 Germany Modular Chiller Market by Capacity, 2016 - 2019, USD Million
TABLE 34 Germany Modular Chiller Market by Capacity, 2020 - 2026, USD Million
TABLE 35 UK Modular Chiller Market, 2016 - 2019, USD Million
TABLE 36 UK Modular Chiller Market, 2020 - 2026, USD Million
TABLE 37 UK Modular Chiller Market by Product Type, 2016 - 2019, USD Million
TABLE 38 UK Modular Chiller Market by Product Type, 2020 - 2026, USD Million
TABLE 39 UK Modular Chiller Market by Application, 2016 - 2019, USD Million
TABLE 40 UK Modular Chiller Market by Application, 2020 - 2026, USD Million
TABLE 41 UK Modular Chiller Market by Capacity, 2016 - 2019, USD Million
TABLE 42 UK Modular Chiller Market by Capacity, 2020 - 2026, USD Million
TABLE 43 France Modular Chiller Market, 2016 - 2019, USD Million
TABLE 44 France Modular Chiller Market, 2020 - 2026, USD Million
TABLE 45 France Modular Chiller Market by Product Type, 2016 - 2019, USD Million
TABLE 46 France Modular Chiller Market by Product Type, 2020 - 2026, USD Million
TABLE 47 France Modular Chiller Market by Application, 2016 - 2019, USD Million
TABLE 48 France Modular Chiller Market by Application, 2020 - 2026, USD Million
TABLE 49 France Modular Chiller Market by Capacity, 2016 - 2019, USD Million
TABLE 50 France Modular Chiller Market by Capacity, 2020 - 2026, USD Million
TABLE 51 Russia Modular Chiller Market, 2016 - 2019, USD Million
TABLE 52 Russia Modular Chiller Market, 2020 - 2026, USD Million
TABLE 53 Russia Modular Chiller Market by Product Type, 2016 - 2019, USD Million
TABLE 54 Russia Modular Chiller Market by Product Type, 2020 - 2026, USD Million
TABLE 55 Russia Modular Chiller Market by Application, 2016 - 2019, USD Million
TABLE 56 Russia Modular Chiller Market by Application, 2020 - 2026, USD Million
TABLE 57 Russia Modular Chiller Market by Capacity, 2016 - 2019, USD Million
TABLE 58 Russia Modular Chiller Market by Capacity, 2020 - 2026, USD Million
TABLE 59 Spain Modular Chiller Market, 2016 - 2019, USD Million
TABLE 60 Spain Modular Chiller Market, 2020 - 2026, USD Million
TABLE 61 Spain Modular Chiller Market by Product Type, 2016 - 2019, USD Million
TABLE 62 Spain Modular Chiller Market by Product Type, 2020 - 2026, USD Million
TABLE 63 Spain Modular Chiller Market by Application, 2016 - 2019, USD Million
TABLE 64 Spain Modular Chiller Market by Application, 2020 - 2026, USD Million
TABLE 65 Spain Modular Chiller Market by Capacity, 2016 - 2019, USD Million
TABLE 66 Spain Modular Chiller Market by Capacity, 2020 - 2026, USD Million
TABLE 67 Italy Modular Chiller Market, 2016 - 2019, USD Million
TABLE 68 Italy Modular Chiller Market, 2020 - 2026, USD Million
TABLE 69 Italy Modular Chiller Market by Product Type, 2016 - 2019, USD Million
TABLE 70 Italy Modular Chiller Market by Product Type, 2020 - 2026, USD Million
TABLE 71 Italy Modular Chiller Market by Application, 2016 - 2019, USD Million
TABLE 72 Italy Modular Chiller Market by Application, 2020 - 2026, USD Million
TABLE 73 Italy Modular Chiller Market by Capacity, 2016 - 2019, USD Million
TABLE 74 Italy Modular Chiller Market by Capacity, 2020 - 2026, USD Million
TABLE 75 Rest of Europe Modular Chiller Market, 2016 - 2019, USD Million
TABLE 76 Rest of Europe Modular Chiller Market, 2020 - 2026, USD Million
TABLE 77 Rest of Europe Modular Chiller Market by Product Type, 2016 - 2019, USD Million
TABLE 78 Rest of Europe Modular Chiller Market by Product Type, 2020 - 2026, USD Million
TABLE 79 Rest of Europe Modular Chiller Market by Application, 2016 - 2019, USD Million
TABLE 80 Rest of Europe Modular Chiller Market by Application, 2020 - 2026, USD Million
TABLE 81 Rest of Europe Modular Chiller Market by Capacity, 2016 - 2019, USD Million
TABLE 82 Rest of Europe Modular Chiller Market by Capacity, 2020 - 2026, USD Million
TABLE 83 Key Information – Johnson Controls International PLC
TABLE 84 Key Information – Trane Technologies PLC
TABLE 85 key Information – Midea Group Co., Ltd.
TABLE 86 Key information – Daikin Industries, Ltd.
TABLE 87 key information – Mitsubishi Electric Corporation
TABLE 88 Key Information – Haier Group Corporation
TABLE 89 Key Information – Carrier Global Corporation
TABLE 90 Key Information – Multistack International Limited
TABLE 91 Key Information – Gree Electric Appliances, Inc.
TABLE 92 key Information – Frigel Group
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2016, Jun – 2020, Dec) Leading Players
FIG 5 swot analsyis: Johnson controls international plc
FIG 6 Recent strategies and developments: Daikin Industries Ltd.
FIG 7 SWOT Analysis: Daikin Industries Ltd.
FIG 8 Recent strategies and developments: Mitsubishi Electric Corporation
FIG 9 SWOT Analysis: Mitsubishi Electric Corporation