Portable Chillers Market size is estimated to be USD 1.8 Billion in 2024 and is expected to reach USD 3.2 Billion by 2033 at a CAGR of 7.3% from 2026 to 2033.
In 2022, the global portable chillers market was valued at approximately $174 million, with projections indicating growth to around $239.7 million by 2030, reflecting a compound annual growth rate (CAGR) of 4.7% from 2024 to 2030. Regionally, North America held a significant portion of this market, driven by the increasing demand for energy efficient cooling solutions in industries such as manufacturing and food processing. The U.S. market, in particular, is anticipated to be valued at $2.8 billion in 2024, with expectations to reach $4.1 billion by 2033, growing at a CAGR of 4.3%. In the Asia Pacific region, rapid industrialization and the expansion of manufacturing sectors have led to a heightened demand for portable chillers. This region is projected to dominate the global chillers market, accounting for 45.5% of revenue share in 2024. Europe also maintains a substantial share, with countries like Germany and the UK investing in advanced cooling technologies to support their industrial operations. The global chillers market, encompassing portable units, is expected to grow from $11.9 billion in 2024 to $18.0 billion by 2033, at a CAGR of 4.7%. This growth is attributed to the increasing need for precise temperature control across various industries, presenting opportunities for market expansion, particularly in emerging economies.
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Fluid Chillers
Thermonics
Advantage Engineering
Koolance
Mokon
Bemco
Cooling Technology
Berg Chilling Systems
G&D Chillers
BV Thermal Systems
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Portable Chillers Market
Air-Cooled Portable Chillers
Water-Cooled Portable Chillers
Reversible Portable Chillers
Split Portable Chillers
Food and Beverage Processing
Plastics and Injection Molding
Marine and Seafood Processing
Pharmaceutical Manufacturing
Electronics Cooling
Low Capacity (Up to 5 Tons)
Medium Capacity (5 to 20 Tons)
High Capacity (Above 20 Tons)
Conventional Systems
Variable Frequency Drive (VFD) Systems
Smart and IoT-Enabled Systems
Manufacturing
Construction
Agriculture
Healthcare
Entertainment and Events
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Portable Chillers Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Portable Chillers Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Portable Chillers Market, By Type
6. Global Portable Chillers Market, By Application
7. Global Portable Chillers Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Portable Chillers Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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