Various Industries to Provide Growth Opportunities for HVAC Chillers Market during 2021–2028

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Chillers from Arctic Chiller Group, Ltd. are installed in high-end residential complexes throughout North America, and serves as the primary air-conditioning system. The Arctic Chiller Group also serves skating facilities across the United States and Canada, through direct ice freezing, ice rink cooling and chiller maintenance. Growing aviation sector and increasing count of new commercial construction buildings drives the demand for respective chillers. According to Invest India, India’s food processing industry is one of the largest across the globe and its output is predicted to reach $535 billion by 2025-2026.

According to our latest market study on “HVAC Chillers Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Technology, Type, and Application,” the market is expected to grow from US$ 9,425.53 million in 2021 to US$ 12,878.92 million by 2028; it is estimated to grow at a CAGR of 4.56% from 2021 to 2028.
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