Chiller Market Size in India | Demand, Key Players & Future Outlook 2025

Q: What is driving the growth of the chiller market in India?

Rapid urban infrastructure development, industrial growth, and increasing demand for energy-efficient cooling systems are key drivers.

Q: Which sectors are contributing significantly to chiller adoption?

Commercial buildings, manufacturing, healthcare, hospitality, and data centers are major end-users of chiller systems in India.

Q: What are the major barriers in the market?

High capital investment, energy consumption concerns, and limited awareness in smaller cities restrict market expansion.

Q: How is technology influencing the chiller industry?

Innovations like smart chillers, eco-friendly refrigerants, and remote diagnostics are redefining the product landscape.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA4187

Publication Date: Jun 2025

What is the India Chiller Market Size?

According to 6Wresearch internal database and industry insights, the India chiller market is projected to grow at a compound annual growth rate (CAGR) of 7.6% during the forecast period of 2025â€“2031.

This growth is driven by rapid industrialization, commercial infrastructure development, rising demand for centralized cooling solutions, and increasing deployment in data centers and healthcare facilities.

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Key Growth Factors of the India Chiller Market

Surge in construction of shopping malls, airports, and IT parks.
Rising demand for process cooling in the food & beverage and pharmaceutical industries.
The rising number of HVAC installations in Tier-II and Tier-III cities.
Government programs that encourage the use of energy-efficient coolers.
Increase in the data centers and digital economy spurring the demand of precision cooling.
Emphasis on sustainable and low-GWP refrigerant-based chillers.

Chiller Market Trends

India chiller market is expected to be shaped by emerging trends such as the growing adoption of smart chillers integrated with remote monitoring and cloud-based diagnostics, enabling real-time performance tracking and predictive maintenance. A great change is being witnessed on the side of magnetic bearing and inverter-based systems, which promotes the use of energy and noise reduction during operations. With sustainability at the top of the agenda, the need for environment-friendly refrigerants and chillers that are compatible with green buildings is on the increase. Plug-and-play chillers and hybrid cooling systems are becoming popular in commercial buildings, data centers, and industrial factories because they are scalable and space-efficient. Additionally, the increasing use of IoT-enabled controls, energy management systems, and the rising preference for high-efficiency scroll and screw chillers are further transforming the landscape of the Indian chiller market.