Chiller Market in Europe 2025-2029

Description

List of Tables

The chiller market in europe is forecasted to grow by USD 950.1 mn during 2024-2029, accelerating at a CAGR of 5.5% during the forecast period. The report on the chiller market in europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for frozen food, increase in number of data centers, and rising need for district cooling.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	5.1%
CAGR	5.5%
Incremental Value	$950.1 mn

Technavio's chiller market in europe is segmented as below:

By Product Type

Water cooled chiller
Air cooled chiller

By Type

Screw chillers
Scroll chillers
Centrifugal chillers
Others

By Geographical Landscape

Europe

This study identifies the advent of smart connected chillers as one of the prime reasons driving the chiller market in europe growth during the next few years. Also, rise in adoption of low-gwp refrigerants and emergence of decentralized cooling systems will lead to sizable demand in the market.

The report on the chiller market in europe covers the following areas:

Chiller Market in Europe sizing
Chiller Market in Europe forecast
Chiller Market in Europe industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading chiller market in europe vendors that include Carrier Global Corp., Daikin Industries Ltd., Danfoss AS, FlaktGroup Holding GmbH, Haier Smart Home Co. Ltd., Honeywell International Inc., Ingersoll Rand Inc., Johnson Controls International Plc, Kaltra GmbH, Kirloskar Group, LG Corp., MIDEA Group Co. Ltd., Mitsubishi Electric Corp., Modine Manufacturing Co., Nortek, Panasonic Holdings Corp., Regal Rexnord Corp., Samsung Electronics Co. Ltd., Systemair AB, and Trane Technologies Plc. Also, the chiller market in europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR70135

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Product Type
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Regional - Market size and forecast 2024-2029 ($ million)
- Chart on Europe: Year-over-year growth 2024-2029 (%)
- Data Table on Regional - Market size and forecast 2024-2029 ($ million)

5 Historic Market Size

5.1 Chiller Market in Europe 2019 - 2023
- Historic Market Size - Data Table on Chiller Market in Europe 2019 - 2023 ($ million)
5.2 Product Type segment analysis 2019 - 2023
- Historic Market Size - Product Type Segment 2019 - 2023 ($ million)
5.3 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.4 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

6.1 Impact of AI in the Chiller Market in Europe

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Product Type

8.1 Market segments
- Chart on Product Type - Market share 2024-2029 (%)
- Data Table on Product Type - Market share 2024-2029 (%)
8.2 Comparison by Product Type
- Chart on Comparison by Product Type
- Data Table on Comparison by Product Type
8.3 Water cooled chiller - Market size and forecast 2024-2029
- Chart on Water cooled chiller - Market size and forecast 2024-2029 ($ million)
- Data Table on Water cooled chiller - Market size and forecast 2024-2029 ($ million)
- Chart on Water cooled chiller - Year-over-year growth 2024-2029 (%)
- Data Table on Water cooled chiller - Year-over-year growth 2024-2029 (%)
8.4 Air cooled chiller - Market size and forecast 2024-2029
- Chart on Air cooled chiller - Market size and forecast 2024-2029 ($ million)
- Data Table on Air cooled chiller - Market size and forecast 2024-2029 ($ million)
- Chart on Air cooled chiller - Year-over-year growth 2024-2029 (%)
- Data Table on Air cooled chiller - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Product Type
- Market opportunity by Product Type ($ million)
- Data Table on Market opportunity by Product Type ($ million)

9 Market Segmentation by Type

9.1 Market segments
- Chart on Type - Market share 2024-2029 (%)
- Data Table on Type - Market share 2024-2029 (%)
9.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
9.3 Screw chillers - Market size and forecast 2024-2029
- Chart on Screw chillers - Market size and forecast 2024-2029 ($ million)
- Data Table on Screw chillers - Market size and forecast 2024-2029 ($ million)
- Chart on Screw chillers - Year-over-year growth 2024-2029 (%)
- Data Table on Screw chillers - Year-over-year growth 2024-2029 (%)
9.4 Scroll chillers - Market size and forecast 2024-2029
- Chart on Scroll chillers - Market size and forecast 2024-2029 ($ million)
- Data Table on Scroll chillers - Market size and forecast 2024-2029 ($ million)
- Chart on Scroll chillers - Year-over-year growth 2024-2029 (%)
- Data Table on Scroll chillers - Year-over-year growth 2024-2029 (%)
9.5 Centrifugal chillers - Market size and forecast 2024-2029
- Chart on Centrifugal chillers - Market size and forecast 2024-2029 ($ million)
- Data Table on Centrifugal chillers - Market size and forecast 2024-2029 ($ million)
- Chart on Centrifugal chillers - Year-over-year growth 2024-2029 (%)
- Data Table on Centrifugal chillers - Year-over-year growth 2024-2029 (%)
9.6 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
9.7 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

10 Customer Landscape

10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

11 Geographic Landscape

11.1 Geographic segmentation
- Chart on Market share By Geographical Landscape - 2024-2029 (%)
- Data Table on Market share By Geographical Landscape - 2024-2029 (%)
11.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
11.3 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
11.4 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ million)
- Data Table on France - Market size and forecast 2024-2029 ($ million)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
11.5 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
11.6 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ million)
- Data Table on Italy - Market size and forecast 2024-2029 ($ million)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)
11.7 Rest of Europe - Market size and forecast 2024-2029
- Chart on Rest of Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Rest of Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Rest of Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Rest of Europe - Year-over-year growth 2024-2029 (%)
11.8 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Table on Market opportunity By Geographical Landscape ($ million)

12 Drivers, Challenges, and Opportunity/Restraints

12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints

13 Competitive Landscape

13.1 Overview
13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
- Overview on factors of disruption
13.4 Industry risks
- Impact of key risks on business

14 Competitive Analysis

14.1 Companies profiled
- Companies covered
14.2 Company ranking index
- Company ranking index
14.3 Market positioning of companies
- Matrix on companies position and classification
14.4 Carrier Global Corp.
- Carrier Global Corp. - Overview
- Carrier Global Corp. - Business segments
- Carrier Global Corp. - Key news
- Carrier Global Corp. - Key offerings
- Carrier Global Corp. - Segment focus
- SWOT
14.5 Daikin Industries Ltd.
- Daikin Industries Ltd. - Overview
- Daikin Industries Ltd. - Business segments
- Daikin Industries Ltd. - Key news
- Daikin Industries Ltd. - Key offerings
- Daikin Industries Ltd. - Segment focus
- SWOT
14.6 Danfoss AS
- Danfoss AS - Overview
- Danfoss AS - Product / Service
- Danfoss AS - Key offerings
- SWOT
14.7 Haier Smart Home Co. Ltd.
- Haier Smart Home Co. Ltd. - Overview
- Haier Smart Home Co. Ltd. - Business segments
- Haier Smart Home Co. Ltd. - Key offerings
- Haier Smart Home Co. Ltd. - Segment focus
- SWOT
14.8 Honeywell International Inc.
- Honeywell International Inc. - Overview
- Honeywell International Inc. - Business segments
- Honeywell International Inc. - Key news
- Honeywell International Inc. - Key offerings
- Honeywell International Inc. - Segment focus
- SWOT
14.9 Ingersoll Rand Inc.
- Ingersoll Rand Inc. - Overview
- Ingersoll Rand Inc. - Business segments
- Ingersoll Rand Inc. - Key news
- Ingersoll Rand Inc. - Key offerings
- Ingersoll Rand Inc. - Segment focus
- SWOT
14.10 Johnson Controls International Plc
- Johnson Controls International Plc - Overview
- Johnson Controls International Plc - Business segments
- Johnson Controls International Plc - Key news
- Johnson Controls International Plc - Key offerings
- Johnson Controls International Plc - Segment focus
- SWOT
14.11 Kirloskar Group
- Kirloskar Group - Overview
- Kirloskar Group - Product / Service
- Kirloskar Group - Key offerings
- SWOT
14.12 LG Corp.
- LG Corp. - Overview
- LG Corp. - Product / Service
- LG Corp. - Key offerings
- SWOT
14.13 MIDEA Group Co. Ltd.
- MIDEA Group Co. Ltd. - Overview
- MIDEA Group Co. Ltd. - Product / Service
- MIDEA Group Co. Ltd. - Key news
- MIDEA Group Co. Ltd. - Key offerings
- SWOT
14.14 Mitsubishi Electric Corp.
- Mitsubishi Electric Corp. - Overview
- Mitsubishi Electric Corp. - Business segments
- Mitsubishi Electric Corp. - Key offerings
- Mitsubishi Electric Corp. - Segment focus
- SWOT
14.15 Panasonic Holdings Corp.
- Panasonic Holdings Corp. - Overview
- Panasonic Holdings Corp. - Business segments
- Panasonic Holdings Corp. - Key news
- Panasonic Holdings Corp. - Key offerings
- Panasonic Holdings Corp. - Segment focus
- SWOT
14.16 Regal Rexnord Corp.
- Regal Rexnord Corp. - Overview
- Regal Rexnord Corp. - Business segments
- Regal Rexnord Corp. - Key news
- Regal Rexnord Corp. - Key offerings
- Regal Rexnord Corp. - Segment focus
- SWOT
14.17 Samsung Electronics Co. Ltd.
- Samsung Electronics Co. Ltd. - Overview
- Samsung Electronics Co. Ltd. - Business segments
- Samsung Electronics Co. Ltd. - Key news
- Samsung Electronics Co. Ltd. - Key offerings
- Samsung Electronics Co. Ltd. - Segment focus
- SWOT
14.18 Systemair AB
- Systemair AB - Overview
- Systemair AB - Business segments
- Systemair AB - Key offerings
- Systemair AB - Segment focus
- SWOT

15 Appendix

15.1 Scope of the report
15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
15.3 Currency conversion rates for US$
- Currency conversion rates for US$
15.4 Research methodology
- Research methodology
15.5 Data procurement
- Information sources
15.6 Data validation
- Data validation
15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
15.8 Data synthesis
- Data synthesis
15.9 360 degree market analysis
- 360 degree market analysis
15.10 List of abbreviations
- List of abbreviations