In terms of value, the chillers market in Japan was valued at US$ XX million in 2022 and is projected to reach US$ XX million by 2030; it is expected to grow at a CAGR of 7.4% during the forecast period.
Japanese summers are famous for their heat. It’s not just daytime temperatures that makes it unpleasant, but also the high humidity, long sticky days, mold, and nighttime temperatures that don’t cool down. Due to which HVAC chillers, in Japan are one of the most growing market in summer for residential application. Moreover, rising adoption of advanced technologies such as the internet of things (IoT) in HVAC systems is expected to fuel the growth of the Chillers market during the forecast period. Additionally, rapid development in the real estate sector leading to construction of residential buildings & schools, hospitals, and departmental stores which will led to increase the installation of HVAC chiller in the country. Japan is one of the major country contributing for the growth of HVAC chiller by increasing installation for fighting with problem caused by humidity.
are the key Chillers Market players profiled in the report.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ XX Million |
| Market Size by 2030 | US$ XX Million |
| Global CAGR (2022 - 2030) | 7.4% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2030 |
| Segments Covered |
By Chiller Technology
|
| Regions and Countries Covered | Japan
|
| Market leaders and key company profiles |
The List of Companies - Chillers Market