Global Recirculating Chillers Market: Industry Analysis and Forecast (2021-2027) by Type, Temperature, Application and Region.

Global Recirculating Chillers Market size was valued at US$ 717.1 Mn in 2019 and the total revenue is expected to grow at 5.1 % through 2021 to 2027, reaching nearly US$ 1,067.4 Mn.

Global Recirculating Chillers Market Overview:

The recirculating chillers are used to keep equipment and machines cold. They can be used in a variety of industries, including pharmaceuticals, laboratories, and manufacturing. The use of machines such as reservoir and thermo scientific equipment has increased as a result of advancements and automation in these industries. Global Recirculating Chillers Market To know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2015 to forecast the market through 2026. 2019 is considered a base year however 2020’s numbers are on real output of the companies in the market. Special attention is given to 2020 and effect of lockdown on the demand and supply, and also the impact of lockdown for next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.

Global Recirculating Chillers Market Dynamics:

The global demand for data centers continues to grow, industrial applications are increasing. They provide cooling for data centers to operate efficiently. The fact that they can be used in a wide range of applications is expected to drive market demand. For example, floor-standing circulating coolers are widely used in the semiconductor/manufacturing and plastic industries. Similarly, rack-mounted circulating coolers are widely used in laser processing, atomization equipment, packaging lines, and X-ray instruments. The increase in electricity costs is expected to hinder the market growth. The additional power usage of components such as condensers, compressors, evaporators, etc. can be an expensive option for small and medium-sized implementations. Furthermore, the high prices associated with recirculating coolers are expected to hamper the recirculation market's growth. Although, during the forecast period, solar power generators are expected to reduce high power costs and so reduce the impact of restraint.

Global Recirculating Chillers Market Segment Analysis:

On the basis of type, the global recirculating chillers market is sub-segmented into rack mounted, floor mounted, and bench top. The rack-mounted segment held a large market share of 45.1% in 2019. Electron microscopes, vacuum pump cooling, and pain material temperature control also use rack-mounted recirculating chillers. They occupy less space and are more adaptable and transportable. Furthermore, benchtop chiller applications use rack-mounted recirculating chillers. The Floor mounted segment is the second dominant segment and it held xx% share in 2019. Recirculating chillers placed on the floor are robust enough for industrial use. The coolant in floor-mounted recirculating chillers can be cooled or heated depending on the temperature range. Global Recirculating Chillers Market On the basis of temperature, the global recirculating chillers market is sub-segmented into 1°C to 100°C, -100°C to 0°C, 101°C to 200°C. The 1°C to 100°C segments held a large market share of 50.9% in 2019. The increasing use of this temperature range in a wide range of laboratory and medical applications is responsible for the high market share. Furthermore, the COVID-19 pandemic has raised the need for recirculating chillers to store specimens at temperatures ranging from 1°C to 100°C, and test delivery necessitates a consistent temperature of 2° to 8°. Furthermore, recirculating chillers working in this temperature range are less expensive, which is one of the possible reasons for its increased popularity in the pharmaceutical business, leading to segment growth. On the basis of end-user, the global recirculating chillers market is sub-segmented into industrial, laboratory, medical, others. The laboratory segment held a large market share of 35.0% in 2019. Because recirculating chillers have a wide range of temperature control capabilities, they can be used in a wide range of sectors and verticals, including pharmaceuticals, laboratories, oil and gas, and manufacturing, owing to the high share of industry application types. Additionally, the application of data into IT and telecom, as well as BFSI, is expected to boost the market growth. Owing to COVID-19 impact on the pharmaceutical industry and laboratories, People work as efficiently as possible to produce medicines in large quantities. Since December 2019, the use of recirculating chillers has increased at a rapid rate, and it is expected to continue until the COVID-19 is under control globally. Additionally, COVID-19 has impacted IT, Telecom, BFSI, and other industries and verticals in key economies such as India, China, the United States, Germany, Spain, and the United Kingdom. Global Recirculating Chillers Market

Global Recirculating Chillers Market Regional Insights:

North America held the largest market share of 31.3% in 2019, owing to the huge number of manufacturing units in the region. The need for recirculating chillers in the region are being driven by significant growth in the pharmaceutical and manufacturing industries. The Asia Pacific is the second dominant region during the forecast period. Industry leaders' investments in growing countries like China and India are expected to propel the market forward at a rapid pace. Increased infrastructural spending is responsible for the region's rapid growth. Over the forecast period, increasing laboratory facilities and rapid growth in the semiconductor industry are expected to drive market growth. Global Recirculating Chillers Market The objective of the report is to present a comprehensive analysis of the global Recirculating Chillers market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Recirculating Chillers market dynamics, structure by analyzing the market segments and projects the global Recirculating Chillers market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Recirculating Chillers market make the report investor’s guide.

Global Recirculating Chillers Market Scope: Inquire before buying

Global Recirculating Chillers Market

Global Recirculating Chillers Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Global Recirculating Chillers Market Key Players

Agilent Technologies, Inc.BASF SE • Thermo Fisher Scientific • Across International • BUCHI Labortechnik • Dimplex Thermal Solutions • JULABO GmbH • LAUDA-Brinkmann • Great Wall • Cole-Parmer • PolyScience • Lytron, Inc • Peter Huber Kältemaschinenbau • SP Industries • Lake Shore Cryotronics • Opti Temp Inc • VWR International • SMC Corporation

Frequently Asked Questions:

1. Which region has the largest share in Global Recirculating Chillers Market? Ans: North America region holds the highest share in 2019. 2. What is the growth rate of Global Recirculating Chillers Market? Ans: The Global Recirculating Chillers Market is growing at a CAGR of 5.1 % during forecasting period 2021-2027. 3. What segments are covered in Global Recirculating Chillers Market? Ans: Global Recirculating Chillers market is segmented into type, temperature, application and region. 4. Who are the key players in Global Recirculating Chillers Market? Ans: The important key players in the Global Recirculating Chillers market are - Agilent Technologies, Inc., BASF SE , Thermo Fisher Scientific, Across International, BUCHI Labortechnik , Dimplex Thermal Solutions, JULABO GmbH, LAUDA-Brinkmann, Great Wall, Cole-Parmer, PolyScience, Lytron, Inc, Peter Huber Kältemaschinenbau , SP Industries, Lake Shore Cryotronics, Opti Temp Inc, VWR International, SMC Corporation. 5. What is the study period of this market? Ans: The Global Recirculating Chillers market is studied from 2019 to 2027
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Recirculating Chillers Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Recirculating Chillers Market 3.4. Geographical Snapshot of the Recirculating Chillers Market, By Manufacturer share 4. Global Recirculating Chillers Market Overview, 2019-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Recirculating Chillers Market 5. Supply Side and Demand Side Indicators 6. Global Recirculating Chillers Market Analysis and Forecast, 2019-2027 6.1. Global Recirculating Chillers Market Size & Y-o-Y Growth Analysis. 7. Global Recirculating Chillers Market Analysis and Forecasts, 2019-2027 7.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 7.1.1. Rack Mounted 7.1.2. Floor Mounted 7.1.3. Bench Top 7.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 7.2.1. -100°C to 0°C 7.2.2. 1°C to 100°C 7.2.3. 101°C to 200°C 7.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 7.3.1. Industrial 7.3.2. Laboratory 7.3.3. Medical 7.3.4. Others 8. Global Recirculating Chillers Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Recirculating Chillers Market Analysis and Forecasts, 2019-2027 9.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 9.1.1. Rack Mounted 9.1.2. Floor Mounted 9.1.3. Bench Top 9.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 9.2.1. -100°C to 0°C 9.2.2. 1°C to 100°C 9.2.3. 101°C to 200°C 9.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 9.3.1. Industrial 9.3.2. Laboratory 9.3.3. Medical 9.3.4. Others 10. North America Recirculating Chillers Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Recirculating Chillers Market Analysis and Forecasts, 2019-2027 11.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 11.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 11.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 12. Canada Recirculating Chillers Market Analysis and Forecasts, 2019-2027 12.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 12.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 12.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 13. Mexico Recirculating Chillers Market Analysis and Forecasts, 2019-2027 13.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 13.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 13.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 14. Europe Recirculating Chillers Market Analysis and Forecasts, 2019-2027 14.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 14.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 14.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 15. Europe Recirculating Chillers Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Recirculating Chillers Market Analysis and Forecasts, 2019-2027 16.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 16.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 16.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 17. France Recirculating Chillers Market Analysis and Forecasts, 2019-2027 17.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 17.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 17.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 18. Germany Recirculating Chillers Market Analysis and Forecasts, 2019-2027 18.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 18.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 18.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 19. Italy Recirculating Chillers Market Analysis and Forecasts, 2019-2027 19.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 19.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 19.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 20. Spain Recirculating Chillers Market Analysis and Forecasts, 2019-2027 20.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 20.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 20.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 21. Sweden Recirculating Chillers Market Analysis and Forecasts, 2019-2027 21.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 21.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 21.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 22. CIS Countries Recirculating Chillers Market Analysis and Forecasts, 2019-2027 22.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 22.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 22.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 23. Rest of Europe Recirculating Chillers Market Analysis and Forecasts, 2019-2027 23.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 23.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 23.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 24. Asia Pacific Recirculating Chillers Market Analysis and Forecasts, 2019-2027 24.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 24.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 24.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 25. Asia Pacific Recirculating Chillers Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Recirculating Chillers Market Analysis and Forecasts, 2019-2027 26.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 26.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 26.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 27. India Recirculating Chillers Market Analysis and Forecasts, 2019-2027 27.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 27.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 27.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 28. Japan Recirculating Chillers Market Analysis and Forecasts, 2019-2027 28.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 28.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 28.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 29. South Korea Recirculating Chillers Market Analysis and Forecasts, 2019-2027 29.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 29.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 29.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 30. Australia Recirculating Chillers Market Analysis and Forecasts, 2019-2027 30.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 30.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 30.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 31. ASEAN Recirculating Chillers Market Analysis and Forecasts, 2019-2027 31.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 31.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 31.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 32. Rest of Asia Pacific Recirculating Chillers Market Analysis and Forecasts, 2019-2027 32.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 32.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 32.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 33. Middle East Africa Recirculating Chillers Market Analysis and Forecasts, 2019-2027 33.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 33.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 33.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 34. Middle East Africa Recirculating Chillers Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Recirculating Chillers Market Analysis and Forecasts, 2019-2027 35.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 35.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 35.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 36. GCC Countries Recirculating Chillers Market Analysis and Forecasts, 2019-2027 36.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 36.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 36.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 37. Egypt Recirculating Chillers Market Analysis and Forecasts, 2019-2027 37.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 37.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 37.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 38. Nigeria Recirculating Chillers Market Analysis and Forecasts, 2019-2027 38.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 38.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 38.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 39. Rest of ME&A Recirculating Chillers Market Analysis and Forecasts, 2019-2027 39.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 39.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 39.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 40. South America Recirculating Chillers Market Analysis and Forecasts, 2019-2027 40.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 40.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 40.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 41. South America Recirculating Chillers Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Recirculating Chillers Market Analysis and Forecasts, 2019-2027 42.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 42.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 42.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 43. Argentina Recirculating Chillers Market Analysis and Forecasts, 2019-2027 43.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 43.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 43.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 44. Rest of South America Recirculating Chillers Market Analysis and Forecasts, 2019-2027 44.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 44.2. Market Size (Value) Estimates & Forecast By Temperature, 2019-2027 44.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Recirculating Chillers Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Agilent Technologies, Inc. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. BASF SE 45.3.3. Thermo Fisher Scientific 45.3.4. Across International 45.3.5. BUCHI Labortechnik 45.3.6. Dimplex Thermal Solutions 45.3.7. JULABO GmbH 45.3.8. LAUDA-Brinkmann 45.3.9. Great Wall 45.3.10. Cole-Parmer 45.3.11. PolyScience 45.3.12. Lytron, Inc 45.3.13. Peter Huber Kältemaschinenbau 45.3.14. SP Industries 45.3.15. Lake Shore Cryotronics 45.3.16. Opti Temp Inc 45.3.17. VWR International 45.3.18. SMC Corporation 46. Primary Key Insights

About This Report

Report ID115993
Category Information Technology & Telecommunication
Published DateAug 2021
Updated Date
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