The Latin America, Middle East and Africa Chillers Market would witness market growth of 7.3% CAGR during the forecast period (2023-2029).
Chillers use vapor compression to remove heat from the liquid to maintain equipment temperature for optimal performance. To cool the machinery, the liquid is passed through a heat exchanger or any other process, like air or process water. These gadgets are utilized in various settings, including offices, households, and enterprises. These are used in both commercial and new house construction. Absorption chillers and refrigerant compression chillers can be used to categorize chillers. Absorption chillers are the type that is expanding the quickest.
These are used in a variety of industries, including the plastics sector to cool hot plastic that is injected, extruded, and blown, the brewery sector to cool kettles during fermentation, the printing sector to cool warm rollers, the laser cutting sector to cool MRI units, the HVAC sector to maintain the desired temperature in high-rise buildings, and the industry of printing to cool warm rollers.
The UAE's expanding working population significantly contributes to the region's demand for frozen meals. As a result, people's eating habits have evolved, and convenience foods like ready-to-eat meals and food on the move have gained popularity. Due to the nation's effective frozen foods delivery networks, the business is projected to expand over the next years. Furthermore, frozen food availability is predicted to be supported by the nation's rising cold chain technology development. As the demand for frozen food products in the area increases, so does the need for temperature-controlled storage facilities, which is expected to assist regional market expansion.
The Brazil market dominated the LAMEA Chillers Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $249.4 million by 2029. The Argentina market is estimated to grow a CAGR of 7.8% during (2023 - 2029). Additionally, The UAE market would display a CAGR of 7% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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
TABLE 1 LAMEA Chillers Market, 2019 - 2022, USD Million
TABLE 2 LAMEA 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 LAMEA Chillers Market by Type, 2019 - 2022, USD Million
TABLE 8 LAMEA Chillers Market by Type, 2023 - 2029, USD Million
TABLE 9 LAMEA Screw Chiller Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Screw Chiller Market by Country, 2023 - 2029, USD Million
TABLE 11 LAMEA Scroll Chiller Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Scroll Chiller Market by Country, 2023 - 2029, USD Million
TABLE 13 LAMEA Centrifugal Chiller Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Centrifugal Chiller Market by Country, 2023 - 2029, USD Million
TABLE 15 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Others Market by Country, 2023 - 2029, USD Million
TABLE 17 LAMEA Chillers Market by End User, 2019 - 2022, USD Million
TABLE 18 LAMEA Chillers Market by End User, 2023 - 2029, USD Million
TABLE 19 LAMEA Chemicals & Petrochemicals Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Chemicals & Petrochemicals Market by Country, 2023 - 2029, USD Million
TABLE 21 LAMEA Food & Beverages Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Food & Beverages Market by Country, 2023 - 2029, USD Million
TABLE 23 LAMEA Medical Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Medical Market by Country, 2023 - 2029, USD Million
TABLE 25 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Others Market by Country, 2023 - 2029, USD Million
TABLE 27 LAMEA Chillers Market by Product Type, 2019 - 2022, USD Million
TABLE 28 LAMEA Chillers Market by Product Type, 2023 - 2029, USD Million
TABLE 29 LAMEA Water Cooled Chiller Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Water Cooled Chiller Market by Country, 2023 - 2029, USD Million
TABLE 31 LAMEA Air Cooled Chiller Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA Air Cooled Chiller Market by Country, 2023 - 2029, USD Million
TABLE 33 LAMEA Chillers Market by Power Range, 2019 - 2022, USD Million
TABLE 34 LAMEA Chillers Market by Power Range, 2023 - 2029, USD Million
TABLE 35 LAMEA More than 200 kW Market by Country, 2019 - 2022, USD Million
TABLE 36 LAMEA More than 200 kW Market by Country, 2023 - 2029, USD Million
TABLE 37 LAMEA 50-200 kW Market by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA 50-200 kW Market by Country, 2023 - 2029, USD Million
TABLE 39 LAMEA Less than 50 kW Market by Country, 2019 - 2022, USD Million
TABLE 40 LAMEA Less than 50 kW Market by Country, 2023 - 2029, USD Million
TABLE 41 LAMEA Chillers Market by Country, 2019 - 2022, USD Million
TABLE 42 LAMEA Chillers Market by Country, 2023 - 2029, USD Million
TABLE 43 Brazil Chillers Market, 2019 - 2022, USD Million
TABLE 44 Brazil Chillers Market, 2023 - 2029, USD Million
TABLE 45 Brazil Chillers Market by Type, 2019 - 2022, USD Million
TABLE 46 Brazil Chillers Market by Type, 2023 - 2029, USD Million
TABLE 47 Brazil Chillers Market by End User, 2019 - 2022, USD Million
TABLE 48 Brazil Chillers Market by End User, 2023 - 2029, USD Million
TABLE 49 Brazil Chillers Market by Product Type, 2019 - 2022, USD Million
TABLE 50 Brazil Chillers Market by Product Type, 2023 - 2029, USD Million
TABLE 51 Brazil Chillers Market by Power Range, 2019 - 2022, USD Million
TABLE 52 Brazil Chillers Market by Power Range, 2023 - 2029, USD Million
TABLE 53 Argentina Chillers Market, 2019 - 2022, USD Million
TABLE 54 Argentina Chillers Market, 2023 - 2029, USD Million
TABLE 55 Argentina Chillers Market by Type, 2019 - 2022, USD Million
TABLE 56 Argentina Chillers Market by Type, 2023 - 2029, USD Million
TABLE 57 Argentina Chillers Market by End User, 2019 - 2022, USD Million
TABLE 58 Argentina Chillers Market by End User, 2023 - 2029, USD Million
TABLE 59 Argentina Chillers Market by Product Type, 2019 - 2022, USD Million
TABLE 60 Argentina Chillers Market by Product Type, 2023 - 2029, USD Million
TABLE 61 Argentina Chillers Market by Power Range, 2019 - 2022, USD Million
TABLE 62 Argentina Chillers Market by Power Range, 2023 - 2029, USD Million
TABLE 63 UAE Chillers Market, 2019 - 2022, USD Million
TABLE 64 UAE Chillers Market, 2023 - 2029, USD Million
TABLE 65 UAE Chillers Market by Type, 2019 - 2022, USD Million
TABLE 66 UAE Chillers Market by Type, 2023 - 2029, USD Million
TABLE 67 UAE Chillers Market by End User, 2019 - 2022, USD Million
TABLE 68 UAE Chillers Market by End User, 2023 - 2029, USD Million
TABLE 69 UAE Chillers Market by Product Type, 2019 - 2022, USD Million
TABLE 70 UAE Chillers Market by Product Type, 2023 - 2029, USD Million
TABLE 71 UAE Chillers Market by Power Range, 2019 - 2022, USD Million
TABLE 72 UAE Chillers Market by Power Range, 2023 - 2029, USD Million
TABLE 73 Saudi Arabia Chillers Market, 2019 - 2022, USD Million
TABLE 74 Saudi Arabia Chillers Market, 2023 - 2029, USD Million
TABLE 75 Saudi Arabia Chillers Market by Type, 2019 - 2022, USD Million
TABLE 76 Saudi Arabia Chillers Market by Type, 2023 - 2029, USD Million
TABLE 77 Saudi Arabia Chillers Market by End User, 2019 - 2022, USD Million
TABLE 78 Saudi Arabia Chillers Market by End User, 2023 - 2029, USD Million
TABLE 79 Saudi Arabia Chillers Market by Product Type, 2019 - 2022, USD Million
TABLE 80 Saudi Arabia Chillers Market by Product Type, 2023 - 2029, USD Million
TABLE 81 Saudi Arabia Chillers Market by Power Range, 2019 - 2022, USD Million
TABLE 82 Saudi Arabia Chillers Market by Power Range, 2023 - 2029, USD Million
TABLE 83 South Africa Chillers Market, 2019 - 2022, USD Million
TABLE 84 South Africa Chillers Market, 2023 - 2029, USD Million
TABLE 85 South Africa Chillers Market by Type, 2019 - 2022, USD Million
TABLE 86 South Africa Chillers Market by Type, 2023 - 2029, USD Million
TABLE 87 South Africa Chillers Market by End User, 2019 - 2022, USD Million
TABLE 88 South Africa Chillers Market by End User, 2023 - 2029, USD Million
TABLE 89 South Africa Chillers Market by Product Type, 2019 - 2022, USD Million
TABLE 90 South Africa Chillers Market by Product Type, 2023 - 2029, USD Million
TABLE 91 South Africa Chillers Market by Power Range, 2019 - 2022, USD Million
TABLE 92 South Africa Chillers Market by Power Range, 2023 - 2029, USD Million
TABLE 93 Nigeria Chillers Market, 2019 - 2022, USD Million
TABLE 94 Nigeria Chillers Market, 2023 - 2029, USD Million
TABLE 95 Nigeria Chillers Market by Type, 2019 - 2022, USD Million
TABLE 96 Nigeria Chillers Market by Type, 2023 - 2029, USD Million
TABLE 97 Nigeria Chillers Market by End User, 2019 - 2022, USD Million
TABLE 98 Nigeria Chillers Market by End User, 2023 - 2029, USD Million
TABLE 99 Nigeria Chillers Market by Product Type, 2019 - 2022, USD Million
TABLE 100 Nigeria Chillers Market by Product Type, 2023 - 2029, USD Million
TABLE 101 Nigeria Chillers Market by Power Range, 2019 - 2022, USD Million
TABLE 102 Nigeria Chillers Market by Power Range, 2023 - 2029, USD Million
TABLE 103 Rest of LAMEA Chillers Market, 2019 - 2022, USD Million
TABLE 104 Rest of LAMEA Chillers Market, 2023 - 2029, USD Million
TABLE 105 Rest of LAMEA Chillers Market by Type, 2019 - 2022, USD Million
TABLE 106 Rest of LAMEA Chillers Market by Type, 2023 - 2029, USD Million
TABLE 107 Rest of LAMEA Chillers Market by End User, 2019 - 2022, USD Million
TABLE 108 Rest of LAMEA Chillers Market by End User, 2023 - 2029, USD Million
TABLE 109 Rest of LAMEA Chillers Market by Product Type, 2019 - 2022, USD Million
TABLE 110 Rest of LAMEA Chillers Market by Product Type, 2023 - 2029, USD Million
TABLE 111 Rest of LAMEA Chillers Market by Power Range, 2019 - 2022, USD Million
TABLE 112 Rest of LAMEA 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 LAMEA Chillers Market Share by Type, 2022
FIG 7 LAMEA Chillers Market Share by Type, 2029
FIG 8 LAMEA Chillers Market by Type, 2019 - 2029, USD Million
FIG 9 LAMEA Chillers Market Share by End User, 2022
FIG 10 LAMEA Chillers Market Share by End User, 2029
FIG 11 LAMEA Chillers Market by End User, 2019 - 2029, USD Million
FIG 12 LAMEA Chillers Market Share by Product Type, 2022
FIG 13 LAMEA Chillers Market Share by Product Type, 2029
FIG 14 LAMEA Chillers Market by Product Type, 2019 - 2029, USD Million
FIG 15 LAMEA Chillers Market Share by Power Range, 2022
FIG 16 LAMEA Chillers Market Share by Power Range, 2029
FIG 17 LAMEA Chillers Market by Power Range, 2019 - 2029, USD Million
FIG 18 LAMEA Chillers Market Share by Country, 2022
FIG 19 LAMEA Chillers Market Share by Country, 2029
FIG 20 LAMEA 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