In the changed post COVID-19 business landscape, the global market for Modular Chillers estimated at US$2. 6 Billion in the year 2020, is projected to reach a revised size of US$4. 2 Billion by 2027, growing at aCAGR of 7% over the period 2020-2027.
New York, Dec. 28, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Modular Chillers Industry” – https://www.reportlinker.com/p06032256/?utm_source=GNW
Water-Cooled, one of the segments analyzed in the report, is projected to record 5.8% CAGR and reach US$2.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Air-Cooled segment is readjusted to a revised 8.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $715.7 Million, While China is Forecast to Grow at 11.1% CAGR
The Modular Chillers market in the U.S. is estimated at US$715.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$908.1 Million by the year 2027 trailing a CAGR of 10.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 5.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR.
Select Competitors (Total 38 Featured) –
Armec
Carrier Corporation
ClimaCool Corporation
Frigel Firenze S.p.A.
Gree Electric Appliances, Inc.
Haier…
