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In industrial environments, the purpose of a chiller is to provide precision temperature control to ensure safe, productive, and efficient working processes. The rising demand for centrifugal chillers is also driven by growth in manufacturing industries across domains including pharmaceuticals, food & beverage, chemicals, and others. For instance, as per the International Trade Administration, by 2025, 84.0% of German manufacturers plan to invest $10.5 billion annually into smart manufacturing technologies, including the automotive industry at approx. $1.2 billion per year, machinery & equipment and plant engineering and construction at $1.5 billion, the electronics and microelectronics industry at approximately $817.0 million per year, and the metalworking industry at $424.0 million per year. Further, 15 million employees are directly and indirectly involved in advanced manufacturing industries in Germany.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Centrifugal Chillers Market Report Segment
By Type
- Air Cooled
- Water Cooled
By Tonnage
- Less than 1000
- 1000 - 2000
- More than 2000
By Industry
- Food & Beverage
- Pharmaceutical
- Plastics
- Chemicals &Petrochemicals
- Data Centers
- Others (Commercial, Rubber, etc.)
Global Centrifugal Chillers Market Report Segment by Region
North America
- United States
- copyright
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- The Middle East and Africa
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global centrifugal chillers market. Based on the availability of data, information related to new Type launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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