| Product Code: ETC9962320 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The United States saw a significant shift in chiller import trends in 2024, with top exporters being China, UAE, Italy, Austria, and Ukraine. The market exhibited a notable increase in concentration levels from moderate in 2023 to very high in 2024, indicating a more consolidated competitive landscape. The industry experienced a sharp decline in CAGR from 2020-24 at -18.22%, with a substantial negative growth rate of -47.36% from 2023-24. These dynamics suggest a challenging environment for chiller imports in the U.S. market, potentially driven by various factors impacting the industry.

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 United States (US) Chiller Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Chiller Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Chiller Market - Industry Life Cycle |
3.4 United States (US) Chiller Market - Porter's Five Forces |
3.5 United States (US) Chiller Market Revenues & Volume Share, By Heat Rejection Method or Type of Cooling, 2021 & 2031F |
3.6 United States (US) Chiller Market Revenues & Volume Share, By Compressor Type, 2021 & 2031F |
3.7 United States (US) Chiller Market Revenues & Volume Share, By End-User Industry, 2021 & 2031F |
4 United States (US) Chiller Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient cooling solutions in commercial and industrial buildings |
4.2.2 Growth in the construction industry leading to higher demand for chillers |
4.2.3 Technological advancements in chiller systems improving efficiency and performance |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with purchasing and installing chillers |
4.3.2 Fluctuating raw material prices impacting manufacturing costs |
4.3.3 Stringent government regulations regarding energy efficiency and refrigerants |
5 United States (US) Chiller Market Trends |
6 United States (US) Chiller Market, By Types |
6.1 United States (US) Chiller Market, By Heat Rejection Method or Type of Cooling |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Chiller Market Revenues & Volume, By Heat Rejection Method or Type of Cooling, 2021- 2031F |
6.1.3 United States (US) Chiller Market Revenues & Volume, By Water Cooled, 2021- 2031F |
6.1.4 United States (US) Chiller Market Revenues & Volume, By Air Cooled, 2021- 2031F |
6.2 United States (US) Chiller Market, By Compressor Type |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Chiller Market Revenues & Volume, By Screw Chillers, 2021- 2031F |
6.2.3 United States (US) Chiller Market Revenues & Volume, By Scroll Chillers, 2021- 2031F |
6.2.4 United States (US) Chiller Market Revenues & Volume, By Reciprocating Chillers, 2021- 2031F |
6.2.5 United States (US) Chiller Market Revenues & Volume, By Centrifugal Chillers, 2021- 2031F |
6.2.6 United States (US) Chiller Market Revenues & Volume, By Absorption Chillers, 2021- 2031F |
6.3 United States (US) Chiller Market, By End-User Industry |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Chiller Market Revenues & Volume, By Chemicals & Petrochemicals, 2021- 2031F |
6.3.3 United States (US) Chiller Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.3.4 United States (US) Chiller Market Revenues & Volume, By Medical, 2021- 2031F |
6.3.5 United States (US) Chiller Market Revenues & Volume, By Plastics, 2021- 2031F |
6.3.6 United States (US) Chiller Market Revenues & Volume, By Others, 2021- 2031F |
7 United States (US) Chiller Market Import-Export Trade Statistics |
7.1 United States (US) Chiller Market Export to Major Countries |
7.2 United States (US) Chiller Market Imports from Major Countries |
8 United States (US) Chiller 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 chiller systems |
8.4 Average maintenance costs of chillers |
8.5 Number of chiller replacements/upgrades in existing buildings |
9 United States (US) Chiller Market - Opportunity Assessment |
9.1 United States (US) Chiller Market Opportunity Assessment, By Heat Rejection Method or Type of Cooling, 2021 & 2031F |
9.2 United States (US) Chiller Market Opportunity Assessment, By Compressor Type, 2021 & 2031F |
9.3 United States (US) Chiller Market Opportunity Assessment, By End-User Industry, 2021 & 2031F |
10 United States (US) Chiller Market - Competitive Landscape |
10.1 United States (US) Chiller Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Chiller Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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