Turbo Chillers Industry Growth, Business Analysis and Forecast 2032

The Turbo Chillers Market Share report takes into account both the micro and macro aspects of all market forces, assisting companies in implementing various strategies to drive their market growth and make critical strategic decisions regarding their investment planning.These variables include industry challenges, market and technological advancements, market trends, size, share, growth, and constraints.

The global turbo chillers market size was valued at USD 1.72 billion in 2023 and is projected to grow from USD 1.75 billion in 2024 to USD 2.17 billion by 2032, exhibiting a CAGR of 2.7% during the forecast period.

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Top Turbo Chillers Market Size Manufacturers covered in the Market Report include:

• Aermec (Italy)
• Modine Manufacturing (U.S.)
• Carrier (U.S.)
• Daikin Industries Ltd. (Japan)
• EBARA Corporation (Japan)
• Heinen & Hopman (Netherlands)
• Kaltra (Germany)
• Mitsubishi Heavy Industries Ltd. (Japan)
• Trane Technologies (U.S.)
• Nanjing TICA Climate Solutions Co. Ltd. (China)

Recent Key Industry Development:

• September 2022: Engie Refrigeration introduced SPECTRUM, a turbo compressor-based water chiller. This extended model in the product portfolio has a cooling capacity range of 170 to 1,100 kW.
• March 2021: Kaltra introduced the Lightstream Turbo II HL range for cooling in hot climates. The advanced model of Kaltra operates at a maximum discharge temperature of up to 70 degrees Celsius. The Turbo II HL range spans up to 4 Turbocor TTH/TGH series compressors, along with magnetic bearing technology and enhanced efficiency.
• April 2020: Kaltra transformed its compressor-based chillers with air-cooled condensers designed for variable-load cooling and lower GWP- refrigerants such as R1234ze and R513a.
• March 2020: Vertiv, in partnership with Geoclima, launched Vertiv Liebert OFC, an advanced model of oil-free turbocor compressor chillers with efficient heat thermal management technologies and compatibility with low GWP refrigerants.
• June 2019: Kaltra distributed its turbo chillers to ArcelorMittal’s hot strip rolling mill in Belgium, featuring customized chillers with refrigerant leak detectors and an energy monitoring system for the cooling plant.

Highlights of the Report:

• Fortune Business Insights employs a rigorous research methodology that includes primary research to validate the estimated market numbers and data triangulation based on top-down and bottom-up approaches.
• The most reliable published sources and appropriate stakeholder interviews provide the data utilized to project market sizes and forecasts for different segments at the national, regional, and worldwide levels.

Turbo Chillers Market Report Scope [2032]

Report Title:

Turbo Chillers Market CAGR: 2.7%

Report Coverage: Estimated and projected revenue, company overview, market competition, drivers of growth, and current trends

Segments Covered:

By Type

• Water Cooled
• Air Cooled

By Cooling Capacity

• Small Capacity (Less than 300 KW)
• Medium Capacity (301- 2,000 KW)
• Large Capacity (More than 2,000 KW)

By Application

• Chemical
• Food & Beverage
• Pharmaceuticals
• Marine Industry
• Others (Rubber & Plastics)

By Region

– North America (By Type, Cooling Capacity, Application, and Country)

• U.S. (By Application)
• Canada (By Application)
• Mexico (By Application)

– Europe (By Type, Cooling Capacity, Application, and Country)

• U.K. (By Application)
• Germany (By Application)
• Italy (By Application)
• France (By Application)
• Russia (By Application)
• Rest of Europe

– Asia Pacific (By Type, Cooling Capacity, Application, and Country)

• China (By Application)
• India (By Application)
• Japan (By Application)
• South Korea (By Application)
• Southeast Asia (By Application)
• Rest of Asia Pacific

– Middle East & Africa (By Type, Cooling Capacity, Application, and Country)

• GCC Countries (By Application)
• South Africa (By Application)
• Rest of the Middle East & Africa

– South America (By Type, Cooling Capacity, Application, and Country)

• Brazil (By Application)
• Argentina (By Application)
• Rest of South America

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Report Inclusions:

Market Overview: It provides an overview of the products and the size of the global Turbo Chillers Industry. It provides an overview of the segmentation analysis that is presented in the report. The segments pertaining to product, application, and region are emphasized here. Estimates of the market for sales and revenue are also included in this chapter.

Competition: The competitive environments and trends are clarified in this section, along with a manufacturer analysis and data on average price by player, revenue and revenue shares of specific market participants, sales, and sales shares of specific players.

Region-wise Sales Analysis: This section of the report provides market data along with a breakdown of revenue, sales, and market shares by region. It also offers pricing structure, revenue, sales and growth rate, and a few other estimates for every studied regional market.

Company Profiles: This report’s section provides comprehensive, illuminating details on the financial and strategic business data of some of the top players in the global Turbo Chillers Industry scene. This report’s chapter also covers product specs, portfolios, regional footprints, revenue shares, and a number of other topics.

FREQUENTLY ASKED QUESTIONS:

• How much was the global Turbo Chillers Industry worth in 2023?
• Who are the top players actively operating across the market?
• How much will the global market be worth by 2032?
• What are the key market drivers?
• Which application segment is the leading across the globe?
• At what compound annual growth rate (CAGR) is the global market projected to grow in the forecast period?

Major Points from Table of Contents

Global Turbo Chillers Market Research Report 2032, by Manufacturers, Regions, Types and Applications

• Introduction
• Objective of the Study
• Definition of the Market
• Market Scope
• Market Segment by Type, Application and Marketing Channel
• Major Regions Covered (North America, Europe, Asia Pacific, Mid East and Africa)
• Years Considered for the Study
• Currency Considered (U.S. Dollar)
• Key Findings of the Study
• Market Dynamics
• Driving Factors for this Market
• Factors Challenging the Market
• Opportunities of the Global Turbo Chillers Industry (Regions, Growing/Emerging Downstream Market Analysis)
• Technological and Market Developments in the Turbo Chillers Industry
• Industry News by Region
• Regulatory Scenario by Region/Country
• Market Investment Scenario Strategic Recommendations Analysis
• Value Chain of the Turbo Chillers Market
• Value Chain Status
• Upstream Raw Material Analysis
• Midstream Major Company Analysis (by Manufacturing Base, by Product Type)
• Distributors/Traders
• Downstream Major Customer Analysis (by Region)
• Global Turbo Chillers Industry -Segmentation by Type
• Global Turbo Chillers Industry -Segmentation by Application
• Global Turbo Chillers Industry -Segmentation by Marketing Channel
• Competitive Intelligence Company Profiles
• Global Turbo Chillers Market -Segmentation by Geography
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa
• Future Forecast of the Global Turbo Chillers Industry
• Future Forecast of the Global Turbo Chillers Industry from 2023 Segment by Region
• Global Speaker Production and Growth Rate Forecast by Type (2032)
• Global Speaker Consumption and Growth Rate Forecast by Application (2032)
• Appendix
• Methodology
• Research Data Source

Continued….

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