Europe Chiller Unit Market was valued at USD 1.1 Billion in 2022 and is projected to reach USD 1.8 Billion by 2030, growing at a CAGR of 6.4% from 2024 to 2030.
The Europe Chiller Unit Market has been gaining traction across various industries due to the increasing need for energy-efficient and reliable cooling systems. As industries such as pharmaceuticals, food and beverages, and data centers expand, the demand for advanced chiller units is surging. Chillers are essential for maintaining optimal temperatures, preserving sensitive goods, and ensuring operational efficiency, making them a critical component of modern industrial infrastructure.
The market can be divided into several types of chiller units, with the primary ones being air-cooled and water-cooled chillers. Air-cooled chillers are widely adopted due to their ease of installation and low maintenance costs. They are typically used in smaller facilities and areas with limited access to water. Water-cooled chillers, on the other hand, are more efficient and are preferred in larger industrial settings, where high cooling capacities are required. Additionally, centrifugal chillers, screw chillers, and absorption chillers are also growing in popularity as businesses seek highly specialized cooling solutions tailored to specific needs.
Industries are increasingly focusing on energy efficiency and reducing their carbon footprints, which is driving the adoption of more sustainable chiller technologies. The pharmaceutical sector, in particular, relies on precise temperature control for the storage and transport of medications, vaccines, and biological materials. The food and beverage industry requires chillers to maintain product quality, extend shelf life, and meet health regulations. Moreover, the rise of cloud computing and data storage has escalated the demand for chiller units in data centers, which require high-performance cooling systems to prevent overheating of servers and equipment.
Additionally, the integration of Internet of Things (IoT) technology with chiller units is opening new avenues for smarter cooling solutions. IoT-enabled chillers provide real-time monitoring, remote control, and predictive maintenance, which enhances efficiency and minimizes downtime. With increasing regulatory pressure on industries to adhere to environmental standards, the European market is seeing a steady shift towards chillers that offer lower refrigerant emissions and higher overall efficiency.
The demand for chiller units across diverse industries in Europe is expected to continue growing, driven by technological advancements, increased awareness of energy conservation, and the need for temperature-sensitive operations. As the market evolves, the adoption of innovative and eco-friendly chiller systems will play a pivotal role in shaping the future of industrial cooling solutions.
Get an In-Depth Research Analysis of the Europe Chiller Unit Market Size And Forecast [2025-2032]
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Trane
Johnson Controls - Hitachi
Carrier
Mitsubshi
LG Electronics
Daikin
DunAn
Dunham-Bush
TICA
Bosch
Ebara
Parker Hannifin
Dimplex Thermal Solutions
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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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 Europe Chiller Unit Market
Commercial
Industrial
Residential
Healthcare
Pharmaceutical
Chilled Water Units
Direct Expansion Units
Air-Cooled Chillers
Water-Cooled Chillers
Small Capacity (Up to 10 tons)
Medium Capacity (10 to 50 tons)
Large Capacity (Above 50 tons)
Cooling for Manufacturing Processes
HVAC Systems
Refrigeration
Data Center Cooling
Air-cooled Technology
Water-cooled Technology
Evaporative Cooling Technology
Magnetic Bearing Technology
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 Europe Chiller Unit 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. Europe Chiller Unit Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Chiller Unit Market, By Type
6. Europe Chiller Unit Market, By Application
7. Europe Chiller Unit Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe Chiller Unit Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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