| Product Code: ETC4492586 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Thailand chiller market witnessed a notable import trend, with a growth rate of 31.1% from 2023 to 2024 and a compound annual growth rate (CAGR) of 7.24% from 2020 to 2024. This surge in imports could be attributed to an increased demand for cooling solutions in various industries, indicating a positive market stability and growing industrial activities during the period analyzed.
Chillers are essential for cooling applications in various industries, including food processing, chemical manufacturing, and data centers. The Thailand Chillers Market offers a wide range of cooling solutions to meet the diverse cooling needs of different sectors.
The Chillers market in Thailand is experiencing significant growth, driven by the demand for efficient cooling solutions in various industries, including manufacturing, data centers, and commercial buildings. Chillers, essential components in HVAC systems, play a crucial role in maintaining temperature control. The growth of industrial activities and the expansion of the construction sector in Thailand, coupled with the increasing need for precise temperature management, are contributing to the adoption of chillers. Moreover, the emphasis on energy efficiency and the implementation of sustainable cooling technologies are further propelling the positive momentum of the chillers market.
The Thailand Chillers market faces challenges related to energy efficiency, refrigerant regulations, and the demand for environmentally friendly solutions. Adapting to the phase-out of certain refrigerants and developing chillers with lower global warming potential pose technical challenges. Additionally, educating end-users about the benefits of modern, energy-efficient chillers and navigating the transition to sustainable refrigerants present ongoing challenges in this market.
The Thailand Chillers market faced challenges during the COVID-19 pandemic, with disruptions in construction and industrial activities. The market is recovering as these sectors regain momentum, and there is a growing demand for efficient and sustainable cooling solutions. Manufacturers are adapting to changing environmental standards by providing innovative chillers for applications in commercial buildings, manufacturing plants, and data centers, meeting the evolving needs of different industries in the post-pandemic era.
ChillTech Innovations Ltd. is a leading player in the Thailand Chillers market. Specializing in the production of chillers for cooling applications in industries such as manufacturing, healthcare, and data centers, ChillTech Innovations Ltd. contributes to providing energy-efficient and reliable cooling solutions. The company chillers play a crucial role in maintaining precise temperatures and supporting diverse cooling needs in the Thai market.
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 Thailand Chillers Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Chillers Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Chillers Market - Industry Life Cycle |
3.4 Thailand Chillers Market - Porter's Five Forces |
3.5 Thailand Chillers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Chillers Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
3.7 Thailand Chillers Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
4 Thailand Chillers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient cooling solutions in commercial and industrial sectors |
4.2.2 Growing construction activities and infrastructure development in Thailand |
4.2.3 Rising awareness about environmental sustainability and the need for eco-friendly cooling systems |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with installing chillers |
4.3.2 Intense competition from alternative cooling technologies such as VRF systems |
4.3.3 Government regulations and policies affecting the adoption of chillers in certain sectors |
5 Thailand Chillers Market Trends |
6 Thailand Chillers Market, By Types |
6.1 Thailand Chillers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Chillers Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Chillers Market Revenues & Volume, By Scroll, 2021-2031F |
6.1.4 Thailand Chillers Market Revenues & Volume, By Screw, 2021-2031F |
6.1.5 Thailand Chillers Market Revenues & Volume, By Centrifugal, 2021-2031F |
6.1.6 Thailand Chillers Market Revenues & Volume, By Reciprocating, 2021-2031F |
6.1.7 Thailand Chillers Market Revenues & Volume, By Absorption, 2021-2031F |
6.2 Thailand Chillers Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Thailand Chillers Market Revenues & Volume, By Plastic, 2021-2031F |
6.2.3 Thailand Chillers Market Revenues & Volume, By Chemical & Petrochemical, 2021-2031F |
6.2.4 Thailand Chillers Market Revenues & Volume, By Rubber, 2021-2031F |
6.2.5 Thailand Chillers Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.6 Thailand Chillers Market Revenues & Volume, By Medical & Pharmaceutical, 2021-2031F |
6.3 Thailand Chillers Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 Thailand Chillers Market Revenues & Volume, By >17.5 kW, 2021-2031F |
6.3.3 Thailand Chillers Market Revenues & Volume, By 17.6-50 kW, 2021-2031F |
6.3.4 Thailand Chillers Market Revenues & Volume, By 51-100 kW, 2021-2031F |
6.3.5 Thailand Chillers Market Revenues & Volume, By 101-200 kW, 2021-2031F |
6.3.6 Thailand Chillers Market Revenues & Volume, By 201-350 kW, 2021-2031F |
6.3.7 Thailand Chillers Market Revenues & Volume, By 351-500 kW, 2021-2031F |
6.3.8 Thailand Chillers Market Revenues & Volume, By 701-900 kW, 2021-2031F |
6.3.9 Thailand Chillers Market Revenues & Volume, By 701-900 kW, 2021-2031F |
7 Thailand Chillers Market Import-Export Trade Statistics |
7.1 Thailand Chillers Market Export to Major Countries |
7.2 Thailand Chillers Market Imports from Major Countries |
8 Thailand Chillers Market Key Performance Indicators |
8.1 Energy efficiency ratings of installed chillers |
8.2 Number of new construction projects incorporating chillers in their design |
8.3 Adoption rate of eco-friendly refrigerants in chillers |
8.4 Maintenance and service contracts for chillers |
8.5 Number of training programs conducted on the benefits of chillers and their proper usage |
9 Thailand Chillers Market - Opportunity Assessment |
9.1 Thailand Chillers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Chillers Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
9.3 Thailand Chillers Market Opportunity Assessment, By Capacity, 2021 & 2031F |
10 Thailand Chillers Market - Competitive Landscape |
10.1 Thailand Chillers Market Revenue Share, By Companies, 2024 |
10.2 Thailand Chillers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |