The global chillers market size was estimated at USD 9,928.3 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2030. The market is driven by the rising need for cost-effective and energy-efficient space cooling solutions in commercial and industrial sectors. This, in turn, is expected to augment the demand for the chillers market over the...

The global chillers market is anticipated to reach USD 13,457.0 million by 2030 and is anticipated to grow at a CAGR of 4.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. Government initiatives, such as proposed legislation and funding initiatives for cold storage facilities, are likely to positively impact the market growth. The cold storage sector is one of...

Chillers Industry The global chillers market was valued at an estimated USD 9,928.3 million in 2023, with projections indicating a compound annual growth rate (CAGR) of 4.5% from 2024 to 2030. The growth of this market is primarily driven by the increasing need for cost-effective and energy-efficient cooling solutions across commercial and industrial sectors. As industries and businesses look...

Chillers Industry Overview The global chillers market was valued at approximately USD 9,928.3 million in 2023 and is anticipated to grow steadily, with a projected compound annual growth rate (CAGR) of 4.5% from 2024 to 2030. This growth is primarily fueled by the increasing demand for cost-effective and energy-efficient cooling solutions across commercial and industrial sectors. As businesses...

Chillers Industry The global chillers market was valued at an estimated USD 9,928.3 million in 2023, with projections indicating a compound annual growth rate (CAGR) of 4.5% from 2024 to 2030. The growth of this market is primarily driven by the increasing need for cost-effective and energy-efficient cooling solutions across commercial and industrial sectors. As industries and businesses look...