Applied
2.10 Latin America
According to BSRIA, Latin America’s chiller market scale reached US$ 301.1 million in 2015, a sharp 27.6% decrease compared with the previous year. Among countries, Mexico became the largest market at...
2.9.3 Iran
Iran’s market size for chillers was US$ 148.9 million in 2015, a 3.8% decrease compared with 2014. There is more demand for absorption chillers in Iran than in other Middle Eastern countries. However,...
2.9.2 UAE
The UAE’s chiller market showed a strong performance in 2015, increasing by 21.1% to US$ 149.2 million. Centrifugal chillers were a growth driver with a 35.5% increase to US$ 48.7 million. Screw chill...
2.9.1 Saudi Arabia
Saudi Arabia maintained the largest scale of the five key markets in the Middle East in 2015. Saudi Arabia’s chiller market recovered from the decline in 2014 and increased by 23.3% to US$ 242.4 milli...
2.9 Middle East
According to BSRIA, the overall chiller market in the five Middle Eastern countries of Saudi Arabia, the United Arab Emirates (UAE), Iran, Qatar, and Kuwait amounted to US$ 608.2 million in 2015, up 1...
2.8.6 Singapore
Singapore is calling for diversification of energy applications and uses liquid natural gas (LNG) for electricity generation. Singapore encourages green buildings as a way to reduce carbon emissions. As a talent and logistics hub in Asia, Singapore is also where many multinational corporations locate their headquarters. Many Japanese companies are setting up Asian regional headquarters in Singapor...
2.8.5 The Philippines
The Philippine chiller market reached US$ 45.4 million in 2015, recording stable growth of 7.3%. The centrifugal segment accounted for nearly two-thirds of the total market and showed the largest growth of 9.5%, reaching US$ 28.4 million. In the Philippines, large-capacity chillers are mainly water-cooled, while small-capacity chillers are air-cooled. Trane, York, and Carrier dominate the m...
2.8.4 Vietnam
Vietnam’s chiller market is not so large at present compared with the big three markets in Southeast Asia: Thailand, Indonesia, and Malaysia. Its size was US$ 33.0 million in 2015, an increase of 1.1% compared with 2014. Screw models accounted for about one half of the total chiller market, with a value of US$ 16.4 million and an annual growth rate of 19.7%. Centrifugal chillers, the second larges...
2.8.3 Malaysia
Malaysia’s chiller market decreased to US$ 62.3 million in 2015. All three segments, the combined segment of reciprocating, screw, and scroll, centrifugal; and also absorption, recorded a 9.0% decreas...
2.8.2 Thailand
Thai chiller market size was US$ 77.6 million in 2015, unchanged compared with 2014. The scroll chiller market decreased by 22.0% to US$ 5.5 million, which offset the stable growth of the centrifugal ...
