The #Chillers Market Is Projected To Reach USD 15.42 billion by 2029 at a CAGR of 5.0% from USD 12.08 billion in 2024. Browse 274 market data Tables and 55 Figures spread through 292 Pages and in-depth TOC on "Chillers Market" Download Full Report PDF Brochure at https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=149638848 “Europe accounts the second-largest share in chillers market in terms of value.” Europe is the second-largest share in chillers market because of well-established industrial base, rigid environment regulations, and more take-up of energy-saving technology. The strong presence of this region in automotive, food & beverages, pharmaceuticals, and chemical industries ensures consistent demand for chillers so that the manufacturing process would undergo precise temperature control. This has significantly focused the effort of European regions towards energy conservation, culminating in mass adoption of advanced GWP refrigerants-based chillers with efficient cooling technologies. The stringent regulations such as the European Union's F-Gas Regulation, encourage less use of high-GWP refrigerants, making the manufacturer strive to come up with solutions and innovate to meet such demand. The EU promotion of green building certifications and new energy-efficient infrastructure encourages many to integrate modern chillers in residential and commercial works. With more data centers proliferating rapidly to support digital transformation in Europe, increasing climate control requirements are an added advantage to demand chillers. The leading countries in demand for this sector are Germany, France, and Italy; all have solid industrial activities and invest a lot in infrastructure development. All these aspects, along with mature market technology, environmental goals, and all these factors in mind, makes the European region as the prominent contributor in the overall global market for chillers. Key Players - Acquisitions and expansions are the major growth strategies adopted by the key players in the market. The key global players in the chillers market include DAIKIN INDUSTRIES, Ltd. (Japan), Trane Technologies plc (Ireland), Carrier (US), Johnson Controls Inc. (Ireland), Mitsubishi Electric Corporation (Japan), Smardt Chiller Group, Inc. (Canada), Drake Refrigeration Inc. (US), PolyScience (US), LG Electronics (South Korea), Dimplex Thermal Solutions (US), and Thermax Limited (India). Don t miss out on business opportunities in Chillers Market. Speak to our analyst and gain crucial industry insights that will help your business grow. Read More Context at https://www.marketsandmarkets.com/Market-Reports/chiller-market-149638848.html #business #Chiller