Japan and Global Chillers Market Share and Forecast by 2030

Historic Data: 2020-2021 | Base Year: 2022 | Forecast Period: 2023-2030

Japan and Global Chillers Market Size and Forecasts (2020 - 2030), Share, Trends, and Growth Opportunity Analysis - Report Coverage: By Chiller Technology (Air-Cooled, Water-Cooled, and Steam-Fired), Technology (Process Chillers, Scroll Chillers, Screw Chillers, Centrifugal Chillers, Absorption Chillers, Modular Chillers, and Reverse Cycle Chillers), and Application (Commercial, Industrial, and Residential)

Report Date : Oct 2023
Report Code : TIPRE00033714

Category : Manufacturing and Construction
Status : Published

Available Report Formats :

Page Updated: Jan 2024

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

Analyst Perspective:

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.

Market Segmentation - Chillers Market

SEGMENT NAME	TYPE
Technology	Air-Cooled, Water-Cooled, Steam-Fired
Type	Process Chillers, Scroll Chillers, Screw Chillers, Centrifugal Chillers, Absorption Chillers, Modular Chillers, Reverse Cycle Chillers
Application	Industrial, Commercial, Residential

Chillers Market

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Key Player Analysis - Chillers Market

Danfoss
Carrier Global Corporation
DAIKIN Industries LTD
Johnson Controls
Kaltra
LG Electronics
Mitsubishi Electric Corporation
SKM Air Conditioning
Trane Technologies Inc
Thermal Care Inc

are the key Chillers Market players profiled in the report.

Japan and Global Chillers Report Scope

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 Air-Cooled Water-Cooled Steam-Fired By Technology Process Chillers Scroll Chillers Screw Chillers Centrifugal Chillers Absorption Chillers Modular Chillers Reverse Cycle Chillers By Application Commercial Industrial Residential
Regions and Countries Covered	Japan Japan
Market leaders and key company profiles	Danfoss Carrier Global Corporation DAIKIN Industries LTD Johnson Controls Kaltra LG Electronics Mitsubishi Electric Corporation SKM Air Conditioning Trane Technologies Inc

Research Manager

Nivedita Upadhyay

Manager,
Market Research & Consulting

Nivedita is an accomplished research professional with over 9 years of experience in Market Research and Business Consulting. Currently serving as a Project Manager in the ICT domain at The Insight Partners, she brings deep expertise in managing and executing Syndicated, Custom, Subscription-based, and Consulting research assignments across diverse technology sectors.

With a proven track record of delivering data-driven analysis and actionable insights, Nivedita has been a key contributor to several critical projects. Her work involves end-to-end project execution—right from understanding client objectives, analyzing market trends, to deriving strategic recommendations. She has collaborated extensively with leading ICT companies, helping them identify market opportunities and navigate industry shifts.

Nivedita holds an MBA in Management from IMS, Dehradun. Prior to joining The Insight Partners, she gained valuable experience at MarketsandMarkets and Future Market Insights in Pune, where she held various research roles and built a strong foundation in industry analysis and client engagement.

What are the Japan and Global Chillers Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

Japan and Global Chillers Market Report Snapshots

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