October 12, 2020

What’s New in HVAC Chiller Technology?

Water chillers are the strength behind HVAC cooling systems. Chilled water is distributed to coils in air conditioning systems. Then, the water is re-circulated back to the chiller where it is cooled again. The cooling coils transfer heat to the chilled water from the air, which cools and typically dehumidifies the air stream.

New designs have brought about more efficient models that have more precise load or capacity control.

MARKET DYNAMICS

Growing replacement of traditional air-cooling systems, due to its benefits such as high efficiency, low maintenance, and less operational costs. This, in turn, booming the growth for the HVAC chillers market during the forecast period. Further, the emerging need for comfortable and safe indoor environment systems is likely to flourish the HVAC chillers market. The growing construction of industrial and commercial buildings such as hospitals, educational institutions, hotels, shopping malls, etc. are expected to provide ample growth opportunities for the HVAC chillers market in the coming years.

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The report also includes the profiles of key HVAC chillers companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

  • Airedale International Air Conditioning Ltd.
  • Carrier Global Corporation
  • Daikin Industries, Ltd.
  • Johnson Controls International plc
  • Kaltra Innovativtechnik GmbH
  • LG Electronics
  • Mitsubishi Electric Corporation
  • S.K.M Air Conditioning LLC
  • Thermal Care, Inc.
  • Trane Technologies Company, LLC

Some companies, like Johnson Controls Inc., have more than just smaller scale chillers and even have 6,000-ton water-cooled centrifugal chillers.

MARKET SCOPE

The "Global HVAC Chillers Market Analysis to 2027" is a specialized and in-depth study of the HVAC chillers industry with a special focus on the global market trend analysis. The report aims to provide an overview HVAC chillers market with detailed market segmentation as product, application, and geography. The global HVAC chillers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading HVAC chillers market players and offers key trends and opportunities in the HVAC chillers market.

The new-generation Pathfinder and Trailblazer air-cooled chillers from Daikin Applied are the solution for school administrators, facility managers, business owners and industrial operations managers in search of quiet operation and low maintenance. For any small inside area with a limited water supply, these chillers are the perfect solution.

Energy Efficiency

Energy efficiency is demanded in today’s market, and the chiller design is responding to this plea accordingly. Improved heat exchanger and compressor technology, magnetic bearings and permanent magnet motors all aid in reducing energy consumption.

Chillers of the Future

As the industry turns to the future, air-cooled packaged equipment will become more sophisticated, the demand for products that pull double duty when it comes to heating and cooling will keep growing, and building loads will drop.