Water Chillers Market Set to Grow Steadily to $9.1 Billion by 2033, Driven by Asia Pacific Demand
• The water chillers market is projected to grow from $6.3 billion in 2023 to $9.1 billion in 2033 at a 3.8% CAGR.
• Asia Pacific will account for the largest market share due to rapid urbanization and increasing demand for HVAC systems.
• The screw chiller segment dominated the market with revenue of $1.57 billion.
• The 351-700 kW capacity segment generated the highest revenue of $2.20 billion.
• The chemicals and petrochemicals end-user industry dominated the market with revenue of $1.82 billion.