Heat Pump Water Heater Market: Opportunity by the Numbers
The global heat pump water heater market size is projected to reach USD 2.1 billion by 2026 from an estimated value of USD 1.4 billion in 2020, at a CAGR of 6.8%. Factors driving the growth of the heat pump water heater market include the energy efficient technology along with the usage of non conventional sources of energy to heat the water. In addition, supportive regulations and grants for...
Emerging Economies Offer Lucrative Opportunities in the Chillers Market
The report “Chillers Market by Type (Screw, Scroll, Centrifugal, Absorption, Reciprocating), End-use industry (Plastic, Chemical & Petrochemical, Rubber, Food & Beverage, Medical & Pharmaceutical), and Region – Global Forecast to 2022″, The market size of chillers is estimated to grow from an estimated USD 9.15 Billion in 2017 to 11.33 Billion by 2022, at a...
Ingersoll Rand (Ireland), Gree Electric Appliances (China) and Carrier Corporation (US) are the Key Players in the Modular Chillers Market
The modular chillers market size is estimated to be USD 2.6 billion in 2019 and projected to reach USD 3.5 billion by 2024, at a CAGR of 6.0%, between 2019 and 2024. Modular chillers are mainly used in the commercial, industrial, and residential applications for air conditioning, space cooling, and process cooling. They are energy-efficient, compact, and easy to maintain as compared to their substitutes....