The Chiller Market in Europe: 2018-2022 - Advent of Smart Connected Chillers to Drive Growth - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 11, 2019--The “Chiller Market in Europe 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
The chiller market in Europe will register a CAGR of almost 3% by 2022.
The advent of smart connected chillers to drive growth in the market
Factors such as the growing need to improve the reliability and performance of chillers, minimize downtime, reduce the overall maintenance costs have led to the emergence of smart connected chillers. This is one of the recent developments in the global chillers market, which is transforming the way chillers are being serviced and maintained.
Growing demand for frozen food
In the last few years, the consumption of frozen food has witnessed a gradual growth across regions, mainly due to hectic lifestyles and work schedules compelling consumers to opt for frozen fruits and vegetables for daily consumption.
Intense market competition
Some of the regional vendors in APAC sell components and parts at subsidized rates, thus adversely affecting the sales of high-quality premium products by international players. This affects the pricing strategy, R&D investments, and brand image of established international players.
Key PlayersDaikin Industries Trane (Ingersoll-Rand) Johnson Controls LG Electronics Mitsubishi Electric United Technologies (Carrier)
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZINGMarket definition Market sizing 2018 Market size and forecast 2018-2022
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY PRODUCTSegmentation by product Comparison by product Screw chillers - Market size and forecast 2018-2022 Scroll chillers - Market size and forecast 2018-2022 Centrifugal chillers - Market size and forecast 2018-2022 Other chillers - Market size and forecast 2018-2022 Market opportunity by product
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDSUse of low GWP refrigerants Advent of smart connected chillers Technological advances in chillers
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors Daikin Industries Trane (Ingersoll-Rand) Johnson Controls LG Electronics Mitsubishi Electric United Technologies (Carrier)
For more information about this report visit https://www.researchandmarkets.com/research/tgt7kg/the_chiller?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190111005231/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:HVAC (Heating, Ventilation, and Air Conditioning)
INDUSTRY KEYWORD: BUILDING SYSTEMS CONSTRUCTION & PROPERTY
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/11/2019 09:55 AM/DISC: 01/11/2019 09:55 AM