북미의 HVAC 칠러 시장 규모 및 예측 : 세계 및 지역 점유율, 동향, 성장 기회 분석 리포트 - 기술별, 유형별, 용도별, 국가별

The North America HVAC chillers market size was valued at US$ 2.52 billion in 2023 and is expected to reach US$ 3.48 billion by 2031; it is estimated to record a CAGR of 4.1% from 2023 to 2031.

In North America, the US, Canada, and Mexico are considered technologically advanced nations. There has been a rise in the adoption of HVAC systems owing to various features provided in these systems, such as energy efficiency and sustainability, which is a major driver for the North America HVAC chillers market. According to Air Conditioning Contractors of America ACCA, HVAC services in North America are set to increase in value from US$ 25.6 billion in 2019 to US$ 35.8 billion by 2030. The growing application of HVAC systems across North America is anticipated to propel the growth of the HVAC chillers market during the forecast period.

Expanding urbanization and rising economic growth have resulted in an increased number of commercial hubs, shopping malls, entertainment hubs, offices, hotels, large retailers, and theaters. Governments of countries in North America are focusing on the development of smart cities and the expansion of airport facilities. Thus, increasing industrialization, rising construction activities, increasing smart city projects, and the growing tourism industry are boosting the demand for HVAC chillers in the industrial, commercial, and residential sectors across the region.

The growing healthcare infrastructure in terms of building new multi-specialty hospitals and care centers is expected to boost the growth of the North America HVAC chillers market. Additionally, the growing number of airport constructions and the increasing development of new military airports are major driving forces for the growth of the North America HVAC chillers market. For instance, six new airports are currently under construction in the US. The Southern California Airport, Portland International Airport, and Los Angeles Airport are among the under-construction airport projects in the US.

The US Department of Energy (DoE) is heavily investing in improving energy efficiency standards nationwide. The DoE's mission is to ensure the security and prosperity of the US by addressing its environmental, energy, and nuclear challenges through transformative science and technology solutions. With the growing preference for adopting energy-efficiency standards, the adoption of energy-efficient and sustainable chillers is also rising in the country due to their low environmental impact. Further, continuous developments in machine learning and the Internet of Things (IoT) are propelling the deployment of smart and advanced HVAC chillers in residential projects, which is also boosting the North America HVAC chillers market.

The growing proliferation of green building projects and third-party data centers is expected to create favorable opportunities for HVAC chillers market players in North America. In addition, the growing emphasis on energy-efficient and cost-effective HVAC chillers is also creating immense scope for specific HVAC chillers, such as water-cooled and air-cooled chillers, in industrial, commercial, and residential spaces. Moreover, concerns related to global warming and climatic changes are contributing to the growth of the North America HVAC chillers market.

Based on Technology, the North America HVAC chillers market is segmented into air-cooled, water-cooled, and steam-fired. The water-cooled segment held the largest North America HVAC chillers market share in 2023. Water-cooled chiller refers to a device that is applied to cool the water by eliminating heat. It has a water-cooled condenser that is connected to a cooling tower. Water chillers are more efficient than air conditioners because the thermal connectivity of water is 23 times more than that of air. Components such as refrigerants, compressors, condensers, and evaporators are used in water chillers to enhance the industrial processes and prevent the hampering of the cooling process. The awareness programs regarding energy-efficient products, coupled with the rising demand for frozen food, will accelerate the growth of this market. Moreover, the existing market players in this region aim to improve their businesses owing to the availability of numerous industrial projects. In 2022, Daikin Applied introduced larger-capacity water-cooled chillers.

Airedale International Air Conditioning Ltd.; Carrier Global Corp.; DAIKIN INDUSTRIES, Ltd.; Drake Refrigeration, Inc.; GEA Group AG; Johnson Controls Inc.; Mitsubishi Electric Corporation; LG Electronics; Thermal Care, Inc.; Trane Technologies; Kaltra; and BROADU.S.A. INC. are among the key North America HVAC chillers market players that are profiled in this market study.

The overall North America HVAC chillers market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the North America HVAC chillers market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the North America HVAC chillers market.

Table Of Contents

1. Introduction

• 1.1 The Insight Partners Research Report Guidance
• 1.2 Market Segmentation

2. Executive Summary

• 2.1 Key Insights
• 2.2 Market Attractiveness

3. Research Methodology

• 3.1 Secondary Research
• 3.2 Primary Research
  • 3.2.1 Hypothesis formulation:
  • 3.2.2 Macro-economic factor analysis:
  • 3.2.3 Developing base number:
  • 3.2.4 Data Triangulation:
  • 3.2.5 Country level data:

4. North America HVAC Chillers Market Landscape

• 4.1 Overview
• 4.2 PEST Analysis
• 4.3 Ecosystem Analysis
  • 4.3.1 List of Vendors in the Value Chain

5. North America HVAC Chillers Market - Key Market Dynamics

• 5.1 North America HVAC Chillers Market - Key Market Dynamics
• 5.2 Market Drivers
  • 5.2.1 Growing Use of HVAC Chillers in Data Centers
  • 5.2.2 Rising Significance of HVAC Chillers in Food and Beverages and Pharmaceutical Industries
  • 5.2.3 Growing Significance of HVAC Chillers in Various Industries
• 5.3 Market Restraints
  • 5.3.1 Potential Climate Impact of HVAC Systems
  • 5.3.2 Less Efficiency in Humid Environment and High Maintenance Costs
• 5.4 Market Opportunities
  • 5.4.1 Surge in Demand for Absorption Chillers
  • 5.4.2 Smart City Initiatives and Infrastructure Development Projects
• 5.5 Future Trends
  • 5.5.1 Development of IoT-enabled Smart HVAC Chillers
• 5.6 Impact of Drivers and Restraints:

6. North America HVAC Chillers Market Analysis

• 6.1 North America HVAC Chillers Market Revenue (US$ Million), 2021-2031
• 6.2 North America HVAC Chillers Market Forecast and Analysis

7. North America HVAC Chillers Market Analysis - by Technology

• 7.1 Air-Cooled
  • 7.1.1 Overview
  • 7.1.2 Air-Cooled: North America HVAC Chillers Market - Revenue and Forecast to 2031 (US$ Million)
• 7.2 Water-Cooled
  • 7.2.1 Overview
  • 7.2.2 Water-Cooled: North America HVAC Chillers Market - Revenue and Forecast to 2031 (US$ Million)
• 7.3 Steam-Fired
  • 7.3.1 Overview
  • 7.3.2 Steam-Fired: North America HVAC Chillers Market - Revenue and Forecast to 2031 (US$ Million)

8. North America HVAC Chillers Market Analysis - by Type

• 8.1 Process Chillers
  • 8.1.1 Overview
  • 8.1.2 Process Chillers: North America HVAC Chillers Market - Revenue and Forecast to 2031 (US$ Million)
• 8.2 Scroll Chillers
  • 8.2.1 Overview
  • 8.2.2 Scroll Chillers: North America HVAC Chillers Market - Revenue and Forecast to 2031 (US$ Million)
• 8.3 Screw Chillers
  • 8.3.1 Overview
  • 8.3.2 Screw Chillers: North America HVAC Chillers Market - Revenue and Forecast to 2031 (US$ Million)
• 8.4 Centrifugal Chillers
  • 8.4.1 Overview
  • 8.4.2 Centrifugal Chillers: North America HVAC Chillers Market - Revenue and Forecast to 2031 (US$ Million)
• 8.5 Absorption Chillers
  • 8.5.1 Overview
  • 8.5.2 Absorption Chillers: North America HVAC Chillers Market - Revenue and Forecast to 2031 (US$ Million)

9. North America HVAC Chillers Market Analysis - by Application

• 9.1 Industrial
  • 9.1.1 Overview
  • 9.1.2 Industrial: North America HVAC Chillers Market - Revenue and Forecast to 2031 (US$ Million)
• 9.2 Commercial
  • 9.2.1 Overview
  • 9.2.2 Commercial: North America HVAC Chillers Market - Revenue and Forecast to 2031 (US$ Million)
• 9.3 Residential
  • 9.3.1 Overview
  • 9.3.2 Residential: North America HVAC Chillers Market - Revenue and Forecast to 2031 (US$ Million)

10. North America HVAC Chillers Market - Country Analysis

• 10.1 North America
  • 10.1.1 North America HVAC Chillers Market Breakdown by Countries
  • 10.1.2 North America HVAC Chillers Market Revenue and Forecast and Analysis - by Country
    • 10.1.2.1 North America HVAC Chillers Market Revenue and Forecast and Analysis - by Country
    • 10.1.2.2 United States: North America HVAC Chillers Market - Revenue and Forecast to 2031 (US$ Million)
      • 10.1.2.2.1 United States: North America HVAC Chillers Market Breakdown by Technology
      • 10.1.2.2.2 United States: North America HVAC Chillers Market Breakdown by Type
      • 10.1.2.2.3 United States: North America HVAC Chillers Market Breakdown by Application
    • 10.1.2.3 Canada: North America HVAC Chillers Market - Revenue and Forecast to 2031 (US$ Million)
      • 10.1.2.3.1 Canada: North America HVAC Chillers Market Breakdown by Technology
      • 10.1.2.3.2 Canada: North America HVAC Chillers Market Breakdown by Type
      • 10.1.2.3.3 Canada: North America HVAC Chillers Market Breakdown by Application
    • 10.1.2.4 Mexico: North America HVAC Chillers Market - Revenue and Forecast to 2031 (US$ Million)
      • 10.1.2.4.1 Mexico: North America HVAC Chillers Market Breakdown by Technology
      • 10.1.2.4.2 Mexico: North America HVAC Chillers Market Breakdown by Type
      • 10.1.2.4.3 Mexico: North America HVAC Chillers Market Breakdown by Application

11. Competitive Landscape

• 11.1 Heat Map Analysis by Key Players
• 11.2 Company Positioning & Concentration

12. Industry Landscape

• 12.1 Overview
• 12.2 Market Initiative
• 12.3 Product Development

13. Company Profiles

• 13.1 Carrier Global Corp
  • 13.1.1 Key Facts
  • 13.1.2 Business Description
  • 13.1.3 Products and Services
  • 13.1.4 Financial Overview
  • 13.1.5 SWOT Analysis
  • 13.1.6 Key Developments
• 13.2 Daikin Industries Ltd
  • 13.2.1 Key Facts
  • 13.2.2 Business Description
  • 13.2.3 Products and Services
  • 13.2.4 Financial Overview
  • 13.2.5 SWOT Analysis
  • 13.2.6 Key Developments
• 13.3 Drake Refrigeration Inc
  • 13.3.1 Key Facts
  • 13.3.2 Business Description
  • 13.3.3 Products and Services
  • 13.3.4 Financial Overview
  • 13.3.5 SWOT Analysis
  • 13.3.6 Key Developments
• 13.4 GEA Group AG
  • 13.4.1 Key Facts
  • 13.4.2 Business Description
  • 13.4.3 Products and Services
  • 13.4.4 Financial Overview
  • 13.4.5 SWOT Analysis
  • 13.4.6 Key Developments
• 13.5 Johnson Controls International Plc
  • 13.5.1 Key Facts
  • 13.5.2 Business Description
  • 13.5.3 Products and Services
  • 13.5.4 Financial Overview
  • 13.5.5 SWOT Analysis
  • 13.5.6 Key Developments
• 13.6 Mitsubishi Electric Corp
  • 13.6.1 Key Facts
  • 13.6.2 Business Description
  • 13.6.3 Products and Services
  • 13.6.4 Financial Overview
  • 13.6.5 SWOT Analysis
  • 13.6.6 Key Developments
• 13.7 LG Electronics Inc
  • 13.7.1 Key Facts
  • 13.7.2 Business Description
  • 13.7.3 Products and Services
  • 13.7.4 Financial Overview
  • 13.7.5 SWOT Analysis
  • 13.7.6 Key Developments
• 13.8 Thermal Care, Inc.
  • 13.8.1 Key Facts
  • 13.8.2 Business Description
  • 13.8.3 Products and Services
  • 13.8.4 Financial Overview
  • 13.8.5 SWOT Analysis
  • 13.8.6 Key Developments
• 13.9 Kaltra
  • 13.9.1 Key Facts
  • 13.9.2 Business Description
  • 13.9.3 Products and Services
  • 13.9.4 Financial Overview
  • 13.9.5 SWOT Analysis
  • 13.9.6 Key Developments
• 13.10 BROADU.S.A. INC
  • 13.10.1 Key Facts
  • 13.10.2 Business Description
  • 13.10.3 Products and Services
  • 13.10.4 Financial Overview
  • 13.10.5 SWOT Analysis
  • 13.10.6 Key Developments
• 13.11 AIREDALE INTERNATIONAL AIR CONDITIONING LTD.
  • 13.11.1 Key Facts
  • 13.11.2 Business Description
  • 13.11.3 Products and Services
  • 13.11.4 Financial Overview
  • 13.11.5 SWOT Analysis
  • 13.11.6 Key Developments
• 13.12 Trane Technologies Plc
  • 13.12.1 Key Facts
  • 13.12.2 Business Description
  • 13.12.3 Products and Services
  • 13.12.4 Financial Overview
  • 13.12.5 SWOT Analysis
  • 13.12.6 Key Developments

14. Appendix

• 14.1 About The Insight Partners