Research and Markets: European Chiller Market Report 2014-2018 - Carrier, Daikin, Ingersoll-Rand & Johnson Controls Dominate the Industry
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/xx2mgk/chiller_market_in) has announced the addition of the "Chiller Market in Europe 2014-2018" report to their offering.
The Chiller market in Europe will grow at a CAGR of 3.83 percent over the period 2013-2018.
This report covers the present scenario and the growth prospects of the Chiller market in Europe during the period 2014-2018. To calculate the market size, the report takes into account the revenue generated from the following product segments: Scroll Chillers, Screw Chillers, Reciprocating Chillers, Centrifugal Chillers, and Absorption Chillers.
One of the prominent trends in this market is the ongoing technological innovations. The market is rapidly changing and offers improved models in terms of technical specifications. It also offers eco-friendly options to the customers. Vendors provide cutting-edge designs by using a number of engineering advances in the existing chillers.
According to the report, the increase in construction activities is one of the major drivers in the market. There has been a steady recovery in the Construction Industry in Europe post the euro crisis. The market is witnessing an increase in sales of homes and new buildings, which leads to an increase in construction activities. The increase in the construction of commercial buildings influences the sales of chillers in Europe.
Further, the report states that intense competition among the established vendors and the new vendors entering the market is one of the biggest challenges in the market. The foreign players are well-diversified, having global resources to provide chillers tailored to the needs of the customers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
- Johnson Controls
Other Prominent Vendors
- Blue Box
- KTK Klimatechnik
- Lennox International
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the Key Market Trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
For more information visit http://www.researchandmarkets.com/research/xx2mgk/chiller_market_in