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Sep 28, 2020 2:22 AM ET

Rising Demand in Modular Chiller Market Growth By 2027: Leading Players Carrier Corporation, FRIGEL FIRENZE S.p.A., Gree,Haier Inc

Rising Demand in Mod

iCrowd Newswire - Sep 28, 2020

The report offers key drivers that propel the growth in the global Modular Chiller Market. These insights help market players in devising strategies to gain market presence. The research also outlined the restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining the potential in untapped regions.

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Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Modular Chiller Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2027, factoring the impact of Covid -19 Situation.

Our Sample Report Accommodate a Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology.

Modular chiller is used to cool the brine and water and to dehumidify the air in industrial processes and buildings. Modular chillers are capable of this cooling using the evaporator and also has an installed internal or remote condenser with appropriate controls. The condenser in the modular chillers can be of two types as water-cooled or air-cooled condenser. The modular chillers have gained increasing popularity due to its wide range of applications from space cooling to process purposes.

The modular chiller market is estimated to grow in the forecast period owing to the increasing demand from the developing countries. Increasing demand for chilled & frozen food and pharmaceutical industries coupled with rising demand for low GWP refrigerants has boosted the growth of the modular chiller market. However, the stringent regulations to limit the use of fluorocarbon refrigerants might restrict the growth of the modular chiller market. On the other hand, the rising demand for low viscosity and high-quality modular chiller is likely to showcase growth opportunities for the modular chiller market during the forecast period.

Some of the Major Market Players Are: Carrier Corporation,FRIGEL FIRENZE S.p.A.,Gree,Haier Inc.,ngersoll-Rand (India) Ltd.,Johnson Controls-Hitachi Air Conditioning,LG Electronics,MCQUAY AIR-CONDITIONING LTD.,Midea Retail (PTY) Ltd.,Multistack, LLC.

The report analyses factors affecting the Modular Chiller Market from further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Modular Chiller Market in these regions.

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Moreover, the report entails the estimate and analysis for the Modular Chiller Market on a global as well as regional level. The study provides historical data as well as the trending features and future predictions of the market growth. Further, the report encompasses drivers and restraints for the Modular Chiller Market growth along with its impact on the overall market development. In addition, the report provides an analysis of the accessible avenues in the market on a global level.


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Modular Chiller Market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions. The Modular Chiller Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Promising Regions & Countries Mentioned in The Modular Chiller Market Report:

The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

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