| Product Code: ETC4492584 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 26 |
The Chillers market is growing due to the demand for climate control in industrial and commercial spaces, ensuring efficient cooling solutions.
Growth in the South Korean chillers market is driven by HVAC systems, industrial cooling, and energy efficiency regulations. Chillers provide temperature control, process cooling, and refrigeration solutions in commercial buildings, manufacturing facilities, and data centers, supporting environmental sustainability and building energy management initiatives.
Developing energy-efficient cooling solutions, ensuring compatibility with refrigerants under regulatory phase-outs, and addressing maintenance challenges pose obstacles for the chillers market in South Korea.
Government policies in South Korea concerning the chillers market focus on energy efficiency standards, building codes, and environmental sustainability. Regulations govern the design, installation, and operation of chiller systems, air conditioning units, and refrigeration equipment for commercial buildings, industrial facilities, and residential complexes to ensure energy savings, environmental compliance, and regulatory oversight. Government agencies oversee building permits, enforce HVAC efficiency standards, and promote renewable energy adoption to reduce carbon emissions and enhance market competitiveness. Policies also support energy audits, building retrofits, and technology incentives to improve chiller performance, optimize cooling solutions, and drive growth in the chillers market in South Korea.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea Chillers Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Chillers Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Chillers Market - Industry Life Cycle |
3.4 South Korea Chillers Market - Porter's Five Forces |
3.5 South Korea Chillers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 South Korea Chillers Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
3.7 South Korea Chillers Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
4 South Korea Chillers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient cooling solutions in South Korea |
4.2.2 Growth in industrial and commercial construction projects driving the need for chillers |
4.2.3 Government initiatives promoting sustainable and eco-friendly HVAC systems |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with purchasing and installing chillers |
4.3.2 Slowdown in the construction sector impacting the demand for chillers |
4.3.3 Competition from alternative cooling technologies like VRF systems |
5 South Korea Chillers Market Trends |
6 South Korea Chillers Market, By Types |
6.1 South Korea Chillers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Chillers Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 South Korea Chillers Market Revenues & Volume, By Scroll, 2021-2031F |
6.1.4 South Korea Chillers Market Revenues & Volume, By Screw, 2021-2031F |
6.1.5 South Korea Chillers Market Revenues & Volume, By Centrifugal, 2021-2031F |
6.1.6 South Korea Chillers Market Revenues & Volume, By Reciprocating, 2021-2031F |
6.1.7 South Korea Chillers Market Revenues & Volume, By Absorption, 2021-2031F |
6.2 South Korea Chillers Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 South Korea Chillers Market Revenues & Volume, By Plastic, 2021-2031F |
6.2.3 South Korea Chillers Market Revenues & Volume, By Chemical & Petrochemical, 2021-2031F |
6.2.4 South Korea Chillers Market Revenues & Volume, By Rubber, 2021-2031F |
6.2.5 South Korea Chillers Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.6 South Korea Chillers Market Revenues & Volume, By Medical & Pharmaceutical, 2021-2031F |
6.3 South Korea Chillers Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 South Korea Chillers Market Revenues & Volume, By >17.5 kW, 2021-2031F |
6.3.3 South Korea Chillers Market Revenues & Volume, By 17.6-50 kW, 2021-2031F |
6.3.4 South Korea Chillers Market Revenues & Volume, By 51-100 kW, 2021-2031F |
6.3.5 South Korea Chillers Market Revenues & Volume, By 101-200 kW, 2021-2031F |
6.3.6 South Korea Chillers Market Revenues & Volume, By 201-350 kW, 2021-2031F |
6.3.7 South Korea Chillers Market Revenues & Volume, By 351-500 kW, 2021-2031F |
6.3.8 South Korea Chillers Market Revenues & Volume, By 701-900 kW, 2021-2031F |
6.3.9 South Korea Chillers Market Revenues & Volume, By 701-900 kW, 2021-2031F |
7 South Korea Chillers Market Import-Export Trade Statistics |
7.1 South Korea Chillers Market Export to Major Countries |
7.2 South Korea Chillers Market Imports from Major Countries |
8 South Korea Chillers Market Key Performance Indicators |
8.1 Energy efficiency rating of chillers being adopted in South Korea |
8.2 Adoption rate of eco-friendly refrigerants in chillers |
8.3 Number of green building certifications achieved by projects using chillers |
9 South Korea Chillers Market - Opportunity Assessment |
9.1 South Korea Chillers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 South Korea Chillers Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
9.3 South Korea Chillers Market Opportunity Assessment, By Capacity, 2021 & 2031F |
10 South Korea Chillers Market - Competitive Landscape |
10.1 South Korea Chillers Market Revenue Share, By Companies, 2024 |
10.2 South Korea Chillers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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