#Air Cooled Chillers Market Global Air Cooled Chillers Market Air Cooled Chillers Market 2022 Air Cooled Chillers Industry Air Cooled Chiller

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Data Center Cooling Market Share, Size, Analysis, Growth, Industry Statistics and Forecast 2034

The Data Center Cooling Market is experiencing significant growth, driven by the increasing demand for energy-efficient cooling solutions in data centers. As the digital world continues to expand, the demand for more data storage and processing power has led to the construction of large-scale data centers worldwide. These facilities require efficient cooling systems to maintain optimal performance and prevent overheating of critical equipment.

The size of the worldwide data center cooling market was estimated at USD 15,541.8 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 15.0% from 2023 to 2033 to reach USD 32,308.7 million. The technologies and solutions used to keep data centers at the ideal temperature and humidity levels are referred to as data center cooling in the industry. Preventing IT equipment overheating and preserving a steady and effective operating environment for servers and other gear are the two main objectives of data center cooling.

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Data Center Cooling Market Drivers

Rising Adoption of Cloud Computing: The growing shift toward cloud-based services has increased the number of data centers, boosting the demand for efficient cooling solutions.

Big Data and IoT: The proliferation of big data, the Internet of Things (IoT), and AI-driven applications are contributing to an increased need for high-density data centers that require advanced cooling systems.

Energy Efficiency Mandates: Governments and regulatory bodies are pushing for energy-efficient data centers due to concerns about high power consumption and carbon emissions.

Key Technologies in Data Center Cooling

Liquid Cooling: This method involves the use of liquids to absorb and dissipate heat. Liquid cooling is more energy-efficient than traditional air cooling and is gaining traction, particularly in high-performance computing environments.

Air-based Cooling: Despite the growing interest in liquid cooling, traditional air-based cooling systems such as CRAC (Computer Room Air Conditioning) and CRAH (Computer Room Air Handler) units remain popular due to their established infrastructure and ease of implementation.

Chiller-less Data Center Cooling: This method eliminates the need for chillers, providing a more eco-friendly cooling solution by leveraging free cooling (cooling using outside air).

Data Center Cooling Market Challenges

High Energy Consumption: Data centers are notorious for consuming vast amounts of energy, and cooling systems contribute significantly to this. Finding solutions that reduce energy consumption without sacrificing cooling efficiency remains a challenge.

Environmental Concerns: As global data centers expand, the environmental impact of their energy use is under scrutiny. Cooling systems that reduce carbon footprints are in high demand.

Initial Setup Costs: Advanced cooling systems, especially liquid cooling technologies, come with higher initial costs. This may be a deterrent for smaller data centers or those in regions with less financial flexibility.

Trends Shaping the Market

Sustainability and Green Data Centers: Companies are increasingly prioritizing sustainable data center practices, including the adoption of renewable energy sources and eco-friendly cooling solutions like liquid immersion cooling.

AI-Driven Cooling Systems: AI and machine learning are being integrated into cooling systems to optimize performance by predicting temperature changes and adjusting cooling requirements in real-time, improving efficiency and reducing operational costs.

Edge Data Centers: The rise of edge computing, where data is processed closer to the user rather than in centralized data centers, is creating demand for cooling systems designed for smaller, decentralized facilities.

Key companies profiled in this research study are,

 • Schneider Electric SE

 • Vertiv Co.

 • Stulz GmbH

 • Rittal GmbH & Co. KG

 • Airedale International Air Conditioning Ltd

 • Mitsubishi Electric Corporation

 • Asetek A/S

 • Submer Technologies SL

 • Black Box Corporation

 • Climaveneta S.p.A.

 • Delta Electronics, Inc.

 • Huawei Technologies Co., Ltd.

 • Fujitsu Limited

 • Hitachi, Ltd.

 • Nortek Air Solutions, LLC

Data Center Cooling Market Segmentation,

By Component:

 • Solution

 • Services

By Industry Vertical:

 • BFSI

 • Manufacturing

 • IT & Telecom

 • Media & Entertainment

 • Government & Defense

 • Healthcare

 • Energy

 • Others

Regional Analysis of the Data Center Cooling Market

North America Market Overview:

 North America dominates the data center cooling market, accounting for the largest market share. This region is home to numerous hyperscale data centers and cloud service providers such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud. The U.S. is the largest contributor in this region due to its high data center density.

Europe Market Overview:

 Europe is another significant market for data center cooling, driven by stringent government regulations related to energy efficiency and sustainability. Countries such as Germany, the U.K., and the Netherlands have a high concentration of data centers.

Asia-Pacific Market Overview: 

Asia-Pacific is experiencing the fastest growth in the data center cooling market, driven by the expansion of cloud computing, the growing digital economy, and the rising number of internet users. Countries such as China, India, Japan, and Singapore are witnessing a surge in data center construction.

Conclusion

Each region in the data center cooling market is influenced by unique factors, such as the level of digital transformation, government regulations, and climate conditions. While North America and Europe are leaders in adopting energy-efficient cooling technologies, Asia-Pacific is emerging as the fastest-growing market due to rapid digitalization and data center construction. The Middle East & Africa, with its challenging climatic conditions, and Latin America, with its growing IT infrastructure, present significant opportunities for the adoption of innovative and sustainable cooling solutions.

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Why will Demand for Commercial Air-Conditioners Surge in Asia-Pacific in Future?

The increasing number of construction projects being launched in several countries is one of the major factors responsible for the soaring demand for commercial air-conditioners across the world. According to various reports, the valuation of the global construction sector is predicted to rise from $10.5 trillion to $12.8 trillion from 2017 to 2022. Infrastructure development projects such as those pertaining to metro rail systems, airports, and office complexes require cooling equipment such as commercial ACs.

In India, there are plans to build as many as 100 airports in the next 15 years. Similarly, China intends to construct 216 airports by 2035. The rapid construction of skyscrapers in various cities around the world is also causing a sharp surge in the demand for commercial ACs. As per many reports, 42 skyscrapers are currently being constructed in Chicago, while London is witnessing the construction of 115 skyscrapers.

Besides the aforementioned factors, the surging disposable income of people, especially in the developing nations all over the globe, is also fueling the sales of commercial air-conditioners. This is subsequently driving the expansion of the global commercial air-conditioner (AC) market. According to the forecast of P&S Intelligence, a market research company based in India, the capacity of the market would rise from 17.6 million units to 25.4 million units from 2019 to 2030.

Furthermore, the market is predicted to progress at a CAGR of 3.5% between 2020 and 2030. Variable refrigerant flow (VRF), split units, ducted split/packaged units, room ACs, and chillers are the most widely used types of commercial ACs across the world. Amongst these, the demand for split units was observed to be the highest in the world in the years gone by. This was because these ACs can be used with simply one outdoor compressor for appropriate and effective cooling.

The biggest end users of commercial ACs are hospitality, office & building, transportation, supermarket/hypermarket, government, and healthcare sectors. Out of these, the demand for commercial ACs is predicted to be the highest in the hospitality sector in the coming years. This would be due to the rapid growth in tourism in various countries. According to the United Nations World Tourism Organization (UNWTO), the international tourism industry recorded a growth rate of 7% during 2016–17.

Across the globe, the commercial AC market is predicted to exhibit the fastest growth in the Asia-Pacific (APAC) region in the upcoming years. This would be because the region is home to the biggest construction sector in the world. In addition to this, the soaring population, especially in India and China, is pushing up the requirement for commercial infrastructure, which is, in turn, driving the sales of commercial ACs in the region.

Hence, it can be said with confidence that the demand for commercial ACs would surge all over the world in the coming years, mainly due to the explosive growth of the construction sector and the mushrooming tourism activities around the world.

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The Future of the HVAC Systems Market

The global HVAC systems market is experiencing steady growth driven by rapid urbanization, infrastructure development, and rising disposable incomes. The market was valued at USD 90.23 billion in 2022 and is projected to reach USD 128.53 billion by 2030, growing at a CAGR of 5.7% from 2023 to 2030.

Key Trends Driving Growth

Several key factors are powering the growth of the HVAC systems market globally:

Infrastructure Growth

Massive investments in infrastructure development projects especially in emerging economies is fueling the adoption of HVAC systems in residential and commercial buildings. Government initiatives like smart cities and faster adoption of HVAC technologies like VRF systems, chillers, and air handling units in mega projects will boost market revenues.

Construction Boom

The construction industry has witnessed exponential growth in recent years driven by population growth, urbanization, and rising incomes. This has expanded the addressable market for HVAC system manufacturers as HVAC systems are integral to new construction projects as well as renovations.

Technology Advancements

Integration of technologies like IoT, data analytics, cloud computing, and machine learning is enhancing HVAC system capabilities in terms of remote monitoring, predictive maintenance, and overall efficiency. Manufacturers are focused on developing smart and connected HVAC systems to cater to tech-savvy consumers.

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Sustainability Goals

Stringent regulations on emissions and energy efficiency coupled with corporate sustainability goals are prompting end-users to switch to eco-friendly and energy-efficient HVAC systems. Demand for systems running on renewable energy and refrigerants with low global warming potential is on the rise.

Changing Lifestyles

With improving quality of life and disposable incomes, consumers are willing to spend on advanced HVAC systems that provide customized comfort. The WFH culture has also increased the need for comfort heating and cooling in residential settings.

Challenges Facing the Market

High Upfront Costs

The steep upfront costs of purchasing and installing advanced HVAC equipment often deters many residential consumers and small businesses from upgrading older systems. This restricts market growth to a certain extent.

Lack of Skilled Labor

The HVAC industry is facing an acute shortage of well-trained installation and maintenance technicians. This labor crisis can result in shoddy installations, poor maintenance, and reduced customer satisfaction thereby impacting market growth.

Low Awareness Levels

Limited knowledge about the long-term cost benefits of efficient HVAC systems prevents many consumers from investing in new technology. More awareness has to be created through training and education.

Coronavirus Impact

The COVID-19 pandemic severely impacted construction, infrastructure, and real estate sectors resulting in declining HVAC sales in 2020 and 2021. Recovery will be gradual as manpower and supply chain issues persist.

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Segment Analysis

Heating Equipment

This segment accounts for the largest market share driven by cold weather conditions in the northern hemisphere and the transition from conventional to advanced heating systems. Heat pumps are witnessing strong demand aided by their energy efficiency and low emissions.

Ventilation Equipment

Rising air quality concerns, ventilation regulations, and the pandemic are spurring the adoption of ventilation equipment like air handling units and fan coil units in commercial and residential buildings. Demand is high in hospital, pharmaceutical, and industrial settings.

Cooling Equipment

Growing need for space cooling driven by warm climates, urban heat islands, and rising temperatures will boost the cooling equipment market. Unitary air conditioners, VRF systems, chillers, room ACs and cooling towers are widely used for comfort cooling.

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Regional Insights

North America

North America dominated the global HVAC market in 2022 with a share of XX%, aided by high disposable incomes, technology adoption, strict regulations, and weather conditions necessitating heating and cooling.

Asia Pacific

Rapid urbanization in China, India, and Southeast Asia coupled with supportive government policies, increasing investments in real estate and construction sectors, and hot weather conditions make Asia Pacific the fastest growing regional market.

Europe

The European market will be driven by the growing construction and renovation activities, legislative measures around emissions reduction and energy efficiency, and increasing adoption of HVAC technologies like heat pumps and VRF systems.

Rest of the World

The RoW segment includes South America, Middle East, and Africa. Growing construction activities and increasing awareness about indoor air quality, climate control, and energy savings will support HVAC market growth in the RoW region.

Competitive Landscape

The global HVAC systems market is highly competitive with the presence of both large multi-national corporations and small regional players.

Some of the major companies operating in this market include:

Daikin Industries

Carrier Global Corp

Trane Technologies

Johnson Controls

Gree Electric Appliances

Mitsubishi Electric

Lennox International

Hitachi

LG Electronics

Haier Smart Home

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Key strategies adopted by market players include investments in R&D, new product development, partnerships & collaborations, mergers & acquisitions, and geographic expansion. Manufacturers are also focused on incorporating new technologies like IoT, data analytics, and cloud platforms to develop smart and connected HVAC systems.

Future Outlook

The global HVAC systems market is poised for steady growth over the next decade driven by supportive macroeconomic factors and technological advancements.

Several trends will shape the future progression of this market:

Transition to eco-friendly refrigerants

Integration of renewable energy

Development of smart HVAC systems

Adoption of air quality management solutions

Use of energy-efficient components

Demand for customized and convenient systems

Rising adoption of VRF and ductless systems

Increasing penetration in untapped markets

Entry of disruptive startups

Market players need to align themselves to the evolving industry trends through appropriate strategies and investments to tap the emerging opportunities.

Overall, despite some near-term challenges, the long-term outlook for the HVAC systems market remains upbeat supported by the essential need for heating and cooling in residential and commercial buildings globally.

Frequently Asked Questions

What is the current size of the global HVAC systems market?

The HVAC systems market size was valued at USD 90.23 billion in 2022 and is expected to reach USD 128.53 billion by 2030, growing at a CAGR of 5.7% during the forecast period.

What are the key end-user segments of the HVAC market?

The major end-user segments of the HVAC market include residential, commercial, and industrial. The residential segment accounts for the largest share.

Which region currently dominates the market for HVAC systems?

North America holds the largest share of the global HVAC systems market. Rapid urbanization in Asia Pacific is expected to make it the fastest growing regional market over the forecast period.

What are the key drivers of the HVAC systems market?

The key drivers are infrastructure growth, construction boom, technology advancements, sustainability goals, changing consumer lifestyles, and hot weather conditions necessitating cooling.

What are the major types of equipment in HVAC systems?

The main equipment types are heating equipment, ventilation equipment, and cooling equipment. These include heat pumps, furnaces, air handlers, fan coil units, chillers, air conditioners, and more.

Which companies dominate the competitive landscape?

Daikin, Carrier, Trane Technologies, Johnson Controls, Gree Electric, Mitsubishi Electric, Lennox, and Hitachi are the top companies in the global HVAC systems market.

What is the impact of COVID-19 on the market?

The pandemic negatively impacted the HVAC market in 2020 and 2021 due to lockdowns affecting construction sectors. The market is projected to recover gradually over the next few years.

What is the future outlook for the HVAC industry?

The market is projected to grow at a CAGR of 5.7% from 2023 to 2030, driven by supportive trends such as adoption of eco-friendly refrigerants, integration with IoT, and launch of smart HVAC systems.

What are the key strategies adopted by market players?

Key strategies include R&D investments, new product development, partnerships, mergers & acquisitions, and geographic expansion to increase market share and presence.

Conclusion

The global HVAC systems market is poised for healthy growth in the coming years driven by strong demand fundamentals and technology advancements. Recovery from the pandemic impact, new construction projects, and retrofit of existing buildings will boost HVAC sales. Market players should align themselves to the changing industry landscape by investing in R&D, embracing new business models, and exploring emerging markets. With increasing focus on energy efficiency, sustainability, and digitization, the future looks promising for participants across the HVAC value chain.

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HVAC Actuators In-Depth Profiling With Key Players and Recent Developments, Forecast Period: 2021-2031

Hvac Actuators Market Research, 2031

The global hvac actuators market size was valued at $3.9 billion in 2021, and is projected to reach $6.2 billion by 2031, growing at a CAGR of 4.6% from 2022 to 2031.The dampers are managed by actuators in HVAC chillers. The actuator positions the damper anywhere between fully open and fully closed by using a low-voltage signal. Zone dampers are a crucial component of an HVAC system, and without suitable actuators, the dampers won’t operate at all.

Increase in commercial construction activities has led to a surge in demand for heating and cooling equipment in various industries, which is anticipated to boost the demand for HVAC actuators. For instance, the commercial construction industry in India is expected to witness growth by nearly 4.0% from 2016 to 2022. All such instances are anticipated to contribute toward the growth of the HVAC actuators market. Moreover, rise in population and per capita income is creating demand for appliances such as heaters and air conditioners is driving the demand for HVAC actuators for such equipment. In addition, urban population is growing rapidly. As per the estimates and forecasts of the WHO, the global urban population is expected to grow by approximately 1.84% every year until 2020, which is at the rate of around 1.63% per annum from 2020 to 2025, and around 1.44% per annum from 2025 to 2030.

The HVAC actuators market is segmented on the basis of type, technology, application, and region. By type, the market is divided into spring return HVAC actuator, and non-spring return HVAC actuator. By technology, the market is divided into smart and conventional. By application, the market is segmented into commercial building, industrial facilities, and public utilities.

Region-wise, the HVAC actuators market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

COMPETITION ANALYSIS

The major players profiled in the HVAC actuators market include Continental AG, Denso Corporation, Dwyer Instruments Inc, Electro Craft Inc., Honeywell International Inc., Johnson Controls International plc., Robert Bosch GmbH, Rotork Plc., Schneider Electric SE, Siemens AG.

Major companies in the market have adopted product launch, acquisition and partnership as their key developmental strategies to offer better products and services to customers in the HVAC actuators market.

Some examples of acquisition and partnership in the market

In December 2021, Dwyer Instruments portfolio company of Arcline Investment Management has acquired the Universal Flow Monitors, Inc. a leader in the design, development, and manufacture of flow meters and controls in industrial applications. by means of this acquisition expand the portfolio of HVAC system.

In April 2021, Arkamys and Continental has colloborated to develop automotive audio solutions where Continental sound actuators were installed in a demonstration vehicle originally equipped with conventional commodity speakers. Arkamys combined its sound enhancement software with various loudspeaker and actuator configurations. The demo car features various sound reproduction systems, and manufacturer-friendly perks, like scalability, space and weight savings, reduced components, and concealed integration.

In July 2021, Audax Private Equity has collobrated to Partners Group to sell Reedy Industries, commercial heating, ventilation, and air conditioning (HVAC).

Full Report With TOC:-https://www.alliedmarketresearch.com/hvac-actuators-market-A09693

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Chilled Water Storage System Market Development Trends, Competitive Analysis & Key Manufacturers Report 2022 to 2032

The global chilled water storage system market is anticipated to be valued at US$ 155.0 Million in 2022, forecast to grow at a CAGR of 6.9% to be valued at US$ 302.2 Million from 2022 to 2032. Growth is attributed to increasing demand in end-user industries such as petrochemical, oil & gas, pharmaceutical, and food & beverages. From 2016-2021 a CAGR of 2.7% was registered for the biscuit mixes market.

The chilled water storage system is a type of TES (Thermal Energy Storage), which is a popular technique for implementing demand-side energy management strategies. It is used to store water at temperatures ranging from 4.40 to 5.60 degrees Celsius using conventional chillers.

Chilled water storage systems are available in sizes ranging from one to several hundred tonnes. They are also used in residential, commercial, and industrial construction. They are also intended for commercial projects larger than 500,000 square feet that have space for a chilled water storage system. They are classified into three types based on water storage and mixing: multiple tank systems, single tank systems, and single tank systems.

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The chilled water storage system market is being driven by rising demand in a variety of end-use industries, including petrochemical, oil and gas, pharmaceutical, and food and beverages. Other factors driving growth in the chilled water storage system market include the installation of new cooling systems in industries, increased demand from power generation plants, and rising demand for low-cost, energy-efficient products.

Furthermore, the chilled water storage system market is expected to benefit from an increased focus on green buildings and the renovation of old-constructed buildings to green buildings.

Also, some factors such as significant demand for free cooling, storage cooling solutions, growing use of efficient air cooling systems, etc. can be considered trends in the industry. Power generation, automotive manufacturing, petrochemical processing, and similar sectors are influencing the market demand for chilled water storage systems, owing to the growing awareness of new techniques among end-users.

Market Competition

Some of the key participants present in the global chilled water storage system market include Wessels Company, Cool Water Technologies, Cooling Tower Systems, Inc., Delta Cooling Towers, Inc., Johnson Controls., Brentwood Industries, Inc., Paharpur Cooling Towers Limited, Berg Chilling Systems Inc., Liang Cooling Tower Sdn Bhd and King Sun Industry Co. Ltd. & Horus Air Moving Co. Ltd. among others.

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Key Segments Profiled in the Chilled Water Storage System Industry Survey

Chilled Water Storage System Market by Type:

Stratified Tank Chilled Water Storage Systems

Multiple Tank Chilled Water Storage Systems

Diaphragm Tank Chilled Water Storage Systems

Chilled Water Storage System Market by Application:

Chilled Water Storage System for Food Processing & Storage

Chilled Water Storage System for Industrial, Commercial and Residential Applications

Chilled Water Storage System for Healthcare & Pharmaceuticals

Chilled Water Storage System for Petrochemical Processing

Chilled Water Storage System for Petroleum & Natural Gas Refining

Chilled Water Storage System for Power Generation and Automotive

Chilled Water Storage System Market by Region:

North America Chilled Water Storage System Market

Latin America Chilled Water Storage System Market

Europe Chilled Water Storage System Market

Asia Pacific Chilled Water Storage System Market

Middle East and Africa Chilled Water Storage System Market

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Draught Beer Chiller Market Size and Share: Business Analysis, Upcoming Demand, Growth Outlook, Key Driver and Futuristic Scope by 2033

Demand for UK draught beer chillers is projected to grow at a robust CAGR of 5.9% CAGR between 2023 and 2033. The UK is one of the leading countries when it comes to sales of draught beer chillers.

According to Future Market Insights, the global draught beer chiller market size is expected to be valued at US$ 1,782.2 Mn in 2023 and further grow at 3.5% CAGR throughout the forecast period (2023-2033). Overall, draught beer chiller sales are projected to total a valuation of US$ 2,514.0 Mn by 2033.

Rising consumption of draught beer across the world coupled with rising need for efficient beer cooling solutions is a key factor driving the global draught beer chiller market forward.

A draught beer chiller is a highly efficient solution used to cool draught beers across several end-use industries. It is a type of refrigerator that uses a cooling system to lower the temperature of the beer. They help end users to keep beer cold and fresh.

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A growing number of bars, pubs, and restaurants around the world is emerging as a crucial factor driving demand for draught beer chillers and the trend is expected to continue during the forecast period.

Similarly, innovation in beer cooling solutions and reduction in product prices will create lucrative opportunities for leading draught beer chiller manufacturers over the next ten years.

The most popular type of beer chilling system is the glycol chiller. Glycol chillers use a glycol and water mixture to cool the beer lines and taps. Despite being more expensive, glycol-cooled chiller are preferred by end user due to their more efficient nature.

Key Takeaways:

Based on type, glycol-cooled chiller segment holds a substantial share of the global draught beer chiller market.

By end user, bars and restaurants together hold the largest share of the worldwide draught beer chiller industry.

In terms of structure, demand remains high for counter-top draught beer chillers in the market.

Germany currently holds around 22.0% share in the global draught beer chiller market.

With a market valuation of US$ 650.5 Mn, the U.S. holds nearly 36.5% share in the global draught beer chiller market.

The UK draught beer chiller market is expected to grow at a CAGR of 5.9% during the forecast period.

“There are many factors that have contributed to the rise in popularity of draught beer chillers, but one of the biggest drivers has been the growing demand and consumption of draught or draft beer worldwide,” says a lead FMI analyst.

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Who is Winning?

Top 5 manufacturers of Draught Beer Chillers are Zhongde Equipment Co., Ltd., Maxwell Food Equipment, BEVERAGE-AIR, Lanco Industry Co. Ltd, and MF Refrigeration.

The competition in the Draught Beer Chiller market is intense because the products are very similar. The main difference between the products is their price. Hence, key players are focused on reducing product prices as well as launching new innovative beer chilling solutions in the market.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of Draught Beer Chiller presenting historical demand data (2018-2022) and forecast statistics for the period from 2023-2033.

The study provides valuable insight on the Draught Beer Chiller market based on type (air-cooled, water-cooled, and glycol-cooled), end user (breweries, bars, restaurants, and hotels), and structure (Counter-top, and Under Counter) across several regions.

About Food & Beverage Division at Future Market Insights

The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

Draught Beer Chiller Industry Outlook by Category

By Type:

Air-cooled

Water-cooled

Glycol-cooled

By End User:

Breweries

Bars

Restaurants

Hotels

By Structure:

Counter-top

Under Counter

By Region:

North America

Latin America

Europe

Asia Pacific

Oceania

MEA

About FMI

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Growing Construction Industry Driving Middle East and Africa HVAC Market

A number of factors, such as the increasing requirement for energy-efficient heating, ventilation, and air conditioning (HVAC) systems, expanding construction industry, rising number of strict government regulations, growing tourism sector, and upcoming major events, are projected to boost the growth of the Middle East and Africa (MEA) HVAC market at a CAGR of 4.9% in the forecast period (2019–2024). At this growth rate, the market size is expected to reach $10.1 billion by 2024 from $7.8 billion in 2018.

The Middle East and Africa HVAC market is witnessing the increasing need for energy-efficient HVAC systems, as these are very crucial to control the greenhouse gas emission and limit the impact of global warming. Moreover, the Gulf Cooperation Council (GCC) countries are introducing sustainable development policies and have strict regulations for energy-efficient solutions. Hence, to obey the regulations and support policies, market players are introducing energy-efficient systems in the region. For instance, due to violating the standards of Saudi Energy Efficiency Center, the customs department of Saudi Arabia seized 759,000 products in 2017.

The primary factor improving the market growth prospects is the growing construction industry. International events like the World Expo 2022 in the U.A.E. and the FIFA World Cup 2022 in Qatar are projected to fuel the tourism sector, which, in turn, drives the construction industry. For instance, as per the Ministry of Development Planning and Statistics, Qatar, eight football stadiums are under construction, which are likely to be completed by 2022. Thus, with the increasing construction activities, the demand for HVAC systems is surging in the region.

The type segment of the Middle East and Africa HVAC market is classified into heating, ventilation, and cooling. Among these, the cooling category held the largest market share in 2018. This is attributed to the fact cooling systems are required in almost all commercial and residential facilities. This category is further classified into ducted split/packaged unit, chiller, split unit, room air conditioner (AC), and variable refrigerant flow (VRF). Of these, the VRF category is expected to witness the fastest growth during the forecast period, owing to its economical nature and wide usage in commercial spaces.

Additionally, the Middle East and Africa HVAC market is categorized into residential, commercial, and industrial, on the basis of end user. Among these, the commercial category accounted for the largest market share in 2018. This is due to the rising number of commercial facilities, surging hospitality industry, increasing infrastructure investments in the region. For instance, the Saudi Government has invested $26.6 billion for the expansion of the grand mosque in Mecca and $16.5 billion for the Haramein high speed railway, connecting Mecca and Medina.

Furthermore, based on country, Saudi Arabia accounted for the largest share in 2018 in the Middle East and Africa HVAC market. This is due to the increasing number of construction projects, with a focus on green buildings, in the country. King Abdullah Financial District (KAFD), a new financial hub in Saudi Arabia, is a key example of the green building project. The rising construction of green buildings is pushing the demand for high-efficient HVAC systems in the nation.

Thus, the growing construction industry and the increasing demand for HVAC systems in MEA are expected to propel the growth of the market during the forecast period.

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Air Cooled Chillers Market has Huge Demand Top Key Players Profiling - Dongguan Golden Refrigeration Equipment, DAISHIBA, Carrier UK, BE-TECO GROUP, Thermal Care

The recent report on “Global Air Cooled Chillers Market Report 2022 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2030” offered by Credible Markets, comprises of a comprehensive investigation into the geographical landscape, industry size along with the revenue estimation of the business. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the “Air Cooled Chillers Market”.

An exhaustive competition analysis that covers insightful data on industry leaders is intended to help potential market entrants and existing players in competition with the right direction to arrive at their decisions. Market structure analysis discusses in detail Air Cooled Chillers companies with their profiles, revenue shares in market, comprehensive portfolio of their offerings, networking and distribution strategies, regional market footprints, and much more.

Key players in the global Air Cooled Chillers market: Dongguan Golden Refrigeration Equipment DAISHIBA Carrier UK BE-TECO GROUP Thermal Care Shnghai Vicot Trane Daikin Coolsoon McQuay TOPCHILLER General Air Products ALTO Zarsky Industries Johnson Controls Shini On the basis of types, the Air Cooled Chillers market from 2018 to 2030 is primarily split into: Air Cooled Scroll Chiller Air Cooled Screw Chiller On the basis of applications, the Air Cooled Chillers market from 2018 to 2030 covers: Plastic Industry Electrons & Plating Chemical Industry Printing Other

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Regional Analysis of Global Air Cooled Chillers Market

All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Air Cooled Chillers market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

What does the Report Include?

The market report includes a detailed assessment of various drivers and restraints, opportunities, and challenges that the market will face during the projected horizon. Additionally, the report provides comprehensive insights into the regional developments of the market, affecting its growth during the forecast period. It includes information sourced from the advice of expert professionals from the industry by our research analysts using several research methodologies. The competitive landscape offers further detailed insights into strategies such as product launches, partnership, merger and acquisition, and collaborations adopted by the companies to maintain market stronghold between 2022 and 2030.

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The report can answer the following questions:

North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Global Air Cooled Chillers industry.

Global major manufacturers’ operating situation (sales, revenue, growth rate and gross margin) of Global Air Cooled Chillers industry.

Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Global Air Cooled Chillers industry.

Different types and applications of Global Air Cooled Chillers industry, market share of each type and application by revenue.

Global market size (sales, revenue) forecast by regions and countries from 2022 to 2030 of Global Air Cooled Chillers industry.

Upstream raw materials and manufacturing equipment, industry chain analysis of Global Air Cooled Chillers industry.

SWOT analysis of Global Air Cooled Chillers industry.

New Project Investment Feasibility Analysis of Global Air Cooled Chillers industry.

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[sjsuraj]

CHP Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2032

The global CHP market growth is expected to garner a market value of US$ 2,091.6 Million in 2022, expected to register a CAGR of 6.4%. The market is projected to surpass a market value of US$ 3,876.5 Million during the forecast period 2022-2032.

The combined cooling heat and power (CHP) plant market is expected to gain traction over the forecast period owing to government regulations regarding emission of greenhouse gasses and emergence of new technologies, such as absorption chillers, that efficiently convert heat into cooling. The market for CHP registered a CAGR of 5.5% in the historical period 2016-2021.

Cooling heat and power together, also known as trigeneration, is a process that uses heat generated by a combined heat and power plant to generate cooling energy for refrigerators and air conditioners. It is the most cost-effective and environmentally friendly way to generate heat, cooling, and electricity, making it the ideal solution for organisations with high cooling demands.

To know More@ https://www.futuremarketinsights.com/reports/combined-cooling-heat-and-power-plant-market Combined cooling heat and power plant consists of an electricity generator, heat exchanger, gas engine and chiller. Additionally, the important benefits of CCHP include greater efficiency, i.e., a single fuel source can generate several forms of energies, such as electrical energy, heat energy and cooling energy.

Over the forecast period, environmental regulations concerning CO2 emissions are expected to be a major factor driving the growth of the combined cooling heat and power plant market. Furthermore, combined cooling heat and power plants are much more efficient than separate generation of electricity and energy, which is another factor driving market growth.

With a projected CAGR of 6.4%, the global CHP market size is anticipated to reach a market value of US$ 2,091.6 Million in 2022. During the forecast period of 2022–2032, the market is anticipated to surpass a market value of US$ 3,876.5 Million.

Aside from that, the various advantages of combined cooling heat and power plants, such as significant reductions in greenhouse gas emissions, lower fuel and energy costs, and lower electric usage, will contribute to market growth.

Market Competition

Some of the major players in the market are GETEC heat & power AG, Peter Brotherhood Ltd., Clarke Energy, Siemens, ABB, AGO AG Energie + Anlagen, MAN Diesel & Turbo SE, M-Trigen, O’Hair Shutter Ltd., Grastim Energia, Biomass Power and International Coil Ltd. The CHP market is currently witnessing a number of strategic collaboration and partnership activities by manufacturers and distribution channels.

In May 2022, Caterpillar Inc. announced a three-year project with Minnesota-based District Energy St. Paul to demonstrate a hydrogen-fueled combined heat and power (CHP) system. The project is supported and partially funded by the U.S. Department of Energy and backed by the National Renewable Energy Laboratory. This hydrogen demonstration project will enable the company to evaluate additional hydrogen fuel options for an existing energy-efficient engine, providing even more possibilities for helping our customers meet their climate-related goals and objectives. CHP systems from Caterpillar provide both electricity and heat simultaneously, increasing overall efficiency and reducing exhaust emissions. To assess the potential of a hydrogen-fueled CHP system under real-world operating conditions, power and heat from the demonstration project will integrate into District Energy St. Paul’s electrical and thermal infrastructure.

Key Segments Profiled in the CHP Industry Survey

CHP Market by System Type:

Smaller CHP System (less than 5 MW)

Medium CHP System (5 MW to 20 MW)

Large CHP System (above 20 MW)

CHP Market by Technology:

CHP Reciprocating Engines

CHP Turbines

CHP Fuel Cells

CHP Market by Chiller Type:

Absorption Chiller

Engine Drive Chiller

CHP Market by Application:

CHP for Industrial Applications

CHP for Commercial Applications

CHP for Institutional Applications

CHP Market by Region:

North America CHP Market

Latin America CHP Market

Europe CHP Market

Asia Pacific CHP Market

Middle East & Africa CHP Market

[bloggerthrive]

Absorption Chillers Market Regional Analysis

The type of refrigerant, type, energy source, application, region, and others can all be used to segment the global absorption chillers market. The absorption chillers market can be divided into ammonia and lithium bromide segments based on the kind of refrigerant used. The single-effect, double-effect, and direct-fired chillers can all be classified as types of absorption chillers. The market for absorption chillers can be classified into gas fired, steam fired, direct fired, and hot water fired segments based on the energy source. The absorption chillers market can be divided into categories for air cooling, food storage, and other applications. The absorption chillers market may be divided into two segments based on application: commercial and industrial.

Read More:

https://knackersblogger.blogspot.com/2022/08/absorption-chillers-market-size-share.html

[litaimachinerysblog]

THE 19TH ASIA PACIFIC RUBBER & PLASTICS EXHIBITION-LITAI

2022 is a crucial year for the "14th Five-Year Plan". Whether it is to expand domestic demand to promote new infrastructure, or to replace domestic production to build plastic recycling, technological innovation is the source of living water, and it is also the foundation and "golden key" to consolidate the development of dual recycling. Accelerating scientific and technological innovation and upgrading and transformation has become an inevitable move for rubber and plastics enterprises to seize the commanding heights of the future and market competition.

Asia-Pacific Chinaplas will be held from July 18 to 21, 2022, with 12 major exhibition halls, with an exhibition area of 120,000 square meters, with 2,000+ global high-quality suppliers, and a huge amount of mechanical technology and innovative materials will be unveiled. Qingdao World Expo City International Convention and Exhibition Center. It is expected to attract 150,000+ professional visitors from the rubber and plastics application industry. Standing at this new starting point, let us gather at CHINAPLAS 2022, seize the golden development opportunities of the market, seek new situations in the changing situation, and jointly explore the development path under the dual cycle of internal and external.

LITAI MACHINERY Co., Ltd. was invited to participate in the 19th Asia Pacific International Plastics and Rubber Industry Exhibition! The products displayed by LITAI this time include TTF-520A three-station thermoforming machine, air compressor, chiller, air tank.

TTF series full-automatic thermoforming machine is our latest developed core product. The machine combines forming, cutting, and stacking into process. widely used and suitable for most of the customer requested, it can produce plastic trays, containers, boxes, lids, etc . The machine is completely driven by servo motor. stable operation, low noise, high efficiency, high quality.

Working stations is driven by stable four guiding-pillars (GCr15 steel, outside is hard chrome plated) structure. Wear resistant, and extend equipment life. Working station, sheet feeding and rolling part all completely driven by servo motor system, more accurate and efficient.

Every station is driven by the eccentric crank linkage structure. Feeding and heating part have optoelectronic switch in order to prevent error operating from production process. The toothed chain made of 65#Mn, helping convey sheet. Aluminum rails with water cooling, save water. The machine adopts PID temperature system, it shows high precision, and temperature control tolerance ＜1℃. Each servo motor has overload protection for machine's overworking. Low barycenter and height of finished products as well as steady running ensures easy operation and friendly viewing. There is an alarm function of the sliding doors.

We believe that this exhibition will be a test for our products and engineers. Challenges also mean opportunities. The questions, needs and valuable opinions of customers will also guide our long-term development in the future. The road ahead is still long, LITAI MACHINERY Co., Ltd. will also continue to improve the management system, accelerate the process of building the Shiteng brand, rationally face the market demand, produce and design more high-quality products to meet the needs of the majority of users, and provide Chinese and foreign customers with better quality products. Much high quality service.

[imrmarket]

HVAC Motor Market 2022 Global Industry Future Trends 2028

HVAC Motor Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period

Introduction

Innovative approaches to adaptive liquid management are being used in HVAC motors. For instance, the Danfoss CO2 Adaptive Liquid Management (CALM) solution for cool rooms, developed by the energy-efficient technology company Danfoss, earned the AHR Expo 2020 Innovation Award. In order to effectively utilize the evaporator surface in display cases, companies in the HVAC motor market are expanding their R&D efforts to integrate a liquid ejector with an adaptive liquid control case controller algorithm.

Detailed competitive analysis, including market share, size, and future scope, is presented in the HVAC Motor Market Size 2022–2028 report. The global market for health and safety products is broken down in this analysis by manufacturers, regions, types, and applications. It also examines market trends, growth prospects, and difficulties.

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The global "HVAC Motor Market" (2022-2028) study outlines all the crucial aspects of the industry's development, including the most recent trends and advancements. With the use of several research approaches like SWOT and PESTLE analysis, it provides in-depth research and analysis of important areas and highlights the present market conditions. With a thorough explanation of precise data like price structure, profit margins, and value chain analysis, the HVAC Motor market study also aids in the formulation of production and demand-supply scenarios. The research also offers relevant data on the potential and future plans of major companies worldwide. By the end of 2028, the worldwide HVAC Motor market is anticipated to reach its peak, expanding at a substantial CAGR between 2022 and 2028.

The Report helps to design marketing, sales, and production strategies. This supports to develop business opportunities. Additionally, the HVAC Motor Tank market report provides a better understanding of the market and develops new advertising campaigns for the products to reach the target audience more accurately in a short period. Also, starting the investments, sales, and marketing campaigns at right time and with the right opportunities can save time.

Key Player Mentioned in This HVAC Motor Market Report:

·         Genteq

·         US Motor

·         Century Motors

·         Fasco Motors

·         Marathon Motors

·         Baldor

Scope of the HVAC Motor Market

Global HVAC Motor Market research report contains the extensive use of secondary and primary data sources. Research process focuses on multiple factors impacting the industry such as aggressive landscape, government coverage, historical data, market present position, market trends, upcoming technologies and innovations in addition to risks, rewards, challenges and opportunities. To be able to validate market volume market, manufacturers, regional analysis, product sections and end users/applications study use Top-down and bottom-up approach.

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Segmentation of HVAC Motor Market:

In market segmentation by Type, HVAC Motor Market report covers:

·         Chiller/Cooling Tower Motors

·         Fan and Blower Motors

·         Condensor Fan Motors

·         Shaft Grounding Motors

In market segmentation by Application, HVAC Motor Market report covers:

·         Unitary

·         Furnace

·         WSHP

·         Air conditioner

·         Heat pump

·         Ventilator

Top countries data covered in this report:

North America (U.S.; Canada;     Mexico)

Europe (Germany; U.K.; France;     Italy; Russia; Spain etc.)

Asia-Pacific (China; India;     Japan; Southeast Asia etc.)

South America (Brazil;     Argentina etc.)

Middle East & Africa (Saudi     Arabia; South Africa etc.)

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Important Facts of the HVAC Motor Market Report:

The report combines the     essential historical data and analysis required for a comprehensive     research report.

This research report includes a     Global HVAC Motor market overview, market share, demand and supply ratios,     supply chain analysis and import/export details.

The report provides information     such as production values, strategies adopted by market players and the     products/services they offer.

Company profiling with     comprehensive strategy, financial details and recent progress.

The report offers a complete     forecast of the global market by product, application, and region.

HVAC Motor Market report has been prepared through extensive primary and secondary research. The primary research involved conducting interviews, surveys and observation of renowned personnel in the industry. The report also contains the competitive analysis segment based on mergers and acquisitions within the industry, partnerships and agreements, ventures in addition to actions, manufacturer research and developments, and product launches or product.

What our report offers:

·         Electric Motor Market share assessments for the regional and country-level segments.

·         Strategic recommendations for the new entrants.

·         Electric Motor Market forecasts for all the mentioned segments, sub-segments, and the regional markets.

·         Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations).

·         Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.

·         Strategic recommendations in key business segments based on the market estimations.

[esgdatainrate]

Screw Chillers In-Depth Profiling With Key Players and Recent Developments, Forecast Period: 2021-2031

Screw Chillers Market Research, 2031

The global screw chillers market size was valued at $4.6 billion in 2021, and is projected to reach $6.5 billion by 2031, growing at a CAGR of 3.4% from 2022 to 2031.

A screw chiller comprises a female helical screw and a male helical screw. Both these screws are mechanically engaged with each other and rotate simultaneously. This rotation gradually compresses the fluid as it moves from one end of the cylinder to the other end. Screw chillers house a screw compressor to compress air, refrigerant, or other fluids. It is more compact, quieter and contain fewer parts than their alternatives such as centrifugal, reciprocating, centrifugal and absorption chillers.

A rise in demand for screw chillers from various industry verticals such as food & beverages, chemicals and petrochemicals, pharmaceutical, plastic, oil and gas, and others, fuels the screw chillers market growth. Screw chillers are in high demand, owing to its high volumetric efficiency and capability to provide uniform and continuous flow of refrigerants. Furthermore, screw chillers do not contain suction and discharge valve, which eliminates the possibility of pressure drop, thereby; achieving higher productivity. Moreover, it produces less vibrations, owing to smaller number of moving parts. Chillers with screw compressors are suitable for a wide range of applications having refrigerant flow in the range of 200 to 20,000 M3/Hr. Key manufacturer, such as Airedale International Air Conditioning Ltd., Trane Technologies Company, LLC., and Johnson Controls International PLC offer a wide range of screw chillers. Such advantages of screw chillers are anticipated to boost the screw chillers market opportunity.

The screw chillers market is segmented into Product Type, Compressor Type and End User Industry. On the basis of product type, the market is divided into air cooled chiller and water-cooled chillers. On the basis of compressor type, the market is divided into single and dual and twin. On the basis of end-user industry, the market is divided into food and beverage, chemical and petrochemicals, pharmaceutical, oil and gas and others. Region-wise, the global market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Competition Analysis

The key players that operate in the screw chillers market are Carrier Global Corporation, Dunham Bush, EUROKLIMAT S.P.A., Haier Group, Johnson Controls, LG Electronics, McQuay Air-conditioning Ltd., Mitsubishi Electric Corporation, Robert Bosch GmbH, Trane Technologies Company LLC.

Full Report With TOC:-https://www.alliedmarketresearch.com/screw-chillers-market-A25786

[sagarg889]

CHP Market Key Players, SWOT Analysis, Key Indicators & Forecast 2023 to 2033

By 2022, the global CHP market is estimated to increase at a 6.4% CAGR to US$ 2,091.6 million. During the projected period of 2022 to 2032, the market is expected to exceed a market value of US$ 3,876.5 million.

Government laws limiting greenhouse gas emissions, as well as the advent of innovative technologies such as absorption chillers, which effectively convert heat into cooling, are projected to drive the market for combined cooling, heat and power (CHP) facilities over the forecast period. The CHP market increased at a CAGR of 5.5 percent between 2016 and 2021.

The use of heat from a combined heat and power plant to produce cooling energy for a refrigerator and air conditioner is known as trigeneration. It is the most cost-effective and environmentally friendly method of producing heat, cooling, and electricity, making it the best choice for businesses that need a lot of cooling.

A chiller, heat exchanger, gas engine, and electricity generator make up a combined cooling, heat, and power plant. Greater efficiency, or the ability to produce different types of energy from a single fuel source, such as electrical energy, heat energy, and cooling energy, is another of CCHP’s key advantages.

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CHP Market Competition

Some of the major players in the market are

GETEC heat & power AG

Peter Brotherhood Ltd.

Clarke Energy

Siemens

ABB

AGO AG Energie + Anlagen

MAN Diesel & Turbo SE

M-Trigen

O’Hair Shutter Ltd

Grastim Energia

Biomass Power

International Coil Ltd.

Manufacturers and distribution channels are currently engaging in a number of strategic partnerships and collaborations in the CHP market.

To demonstrate a hydrogen-fueled combined heat and power (CHP) system, Minnesota-based District Energy St. Paul and Caterpillar Inc. announced a three-year project in May 2022. The National Renewable Energy Laboratory and the U.S. Department of Energy both support and partially fund the project. The company will be able to evaluate additional hydrogen fuel options for an existing energy-efficient engine thanks to this hydrogen demonstration project, opening up new opportunities for assisting our customers in achieving their climate-related goals and objectives.

Caterpillar CHP systems simultaneously produce electricity and heat, improving overall efficiency and lowering exhaust emissions. Power and heat from the demonstration project will be integrated into District Energy St. Paul’s electrical and thermal infrastructure in order to evaluate the potential of a hydrogen-fueled CHP system under actual operating circumstances.

Booming Start-ups

Attributed to the presence of a very highly competitive scenario, various new startups are entering the market space with their own set of innovations. Let’s consider a few examples-

Clear Cell Power is a US-based startup that offers turnkey alternative energy solutions. The startup’s PureCell system combines energy production with heat recovery. The fuel processor converts natural gas to hydrogen to feed the fuel cell stack. Then, an electrochemical process combines hydrogen and air to produce electricity, water, and heat. As a result, the solution’s heat recovery system heats water in the facility for different purposes.

Enexor Bioenergy is a US-based startup that provides onsite, renewable energy solutions. The startup’s Bio-CHP system uses organic waste and plastics to provide continuous renewable energy. The solution also directs waste heat to produce hot water or steam, replacing fossil fuel use for onsite boilers. The system is designed to operate in humid and salty environments, typical of island nations.

Polish startup Lerta develops diverse renewable energy solutions. The startup installs CHP units for industrial clients, enabling savings in energy costs. Lerta also provides automated energy management and virtual power plants to improve energy efficiency and frequency stability. The startup also offers residential solar power plants to help homeowners offset rising energy prices.

For Additional Information on this Report, Visit @ https://www.futuremarketinsights.com/reports/combined-cooling-heat-and-power-plant-market

Key Segments Profiled in the CHP Industry Survey

CHP Market by System Type:

Smaller CHP System (less than 5 MW)

Medium CHP System (5 MW to 20 MW)

Large CHP System (above 20 MW)

CHP Market by Technology:

CHP Reciprocating Engines

CHP Turbines

CHP Fuel Cells

CHP Market by Chiller Type:

Absorption Chiller

Engine Drive Chiller

CHP Market by Application:

CHP for Industrial Applications

CHP for Commercial Applications

CHP for Institutional Applications

CHP Market by Region:

North America CHP Market

Latin America CHP Market

Europe CHP Market

Asia Pacific CHP Market

Middle East & Africa CHP Market

[globalmarketsresearchreports]

Global Chillers Market Competitive Strategies and Forecasts to 2031

The Chillers Global Market Report 2021-31 by The Business Research Company describes and explains the global chillers market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.

The Chillers Global Market Report 2022 covers chillers market drivers, chillers market trends, chillers market segments, chillers market growth rate, chillers market major players, and chillers market size.

View Complete Report:

The chillers market report provides in-depth analysis of the impact of COVID-19 on the global chillers industry along with revised market numbers due to the effects of the coronavirus and the expected chillers market growth numbers for 2022-2031.

The global chillers market size is expected to grow from $8.15 billion in 2021 to $8.46 billion in 2022 at a compound annual growth rate (CAGR) of 3.81%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global chiller market share is expected to reach $10.21 billion in 2026 at a CAGR of 4.80%.

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Chillers Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

TBRC’s report covers the chillers market segments- 1) By Product Type: Air Cooled Chiller, Water Cooled Chiller

2) By Power Range: Less than 50 kW, 50-200 kW, More than 200 kW

3) By Compressor Type: Screw Chillers, Centrifugal Chillers, Absorption Chillers, Reciprocating Chillers

4) By End-User: Commercial, Industrial, Residential

Table Of Contents

1. Executive Summary

2. Chillers Market Characteristics

3. Chillers Market Trends And Strategies

4. Impact Of COVID-19 On Chillers

5. Chillers Market Size And Growth

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.

26. Africa Chillers Market

27. Chillers Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Chillers Market

29. Chillers Market Future Outlook and Potential Analysis

30. Appendix

About The Business Research Company:  The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology. It has offices in the UK, the US and India and a network of trained researchers in 20+ countries globally.  

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