Global Industrial Air Chiller Market

Steam and air-conditioning supply refer to the production, collection, and distribution of steam and hot water for heating, power, and other purposes. This supply is used to provide steam, heated air, or cooled air. It also helps in the production and distribution of cooled air and production and distribution of chilled water for cooling purposes. The major types of steam and air-conditioning supply are the distribution of steam and heated air and the distribution of cooled air. Heated steam refers to steam at a temperature higher than its boiling point at absolute pressure and is referred to as superheated steam. It is distributed through multi-brand stores, exclusive stores, online channels, and other channels. It is primarily used by residential and commercial end-users. The steam and air-conditioning supply market research report is one of a series of new reports from The Business Research Company that provides steam and air-conditioning supply market statistics, including steam and air-conditioning supply industry global market size, regional shares, competitors with a steam and air-conditioning supply market share, detailed steam and air-conditioning supply market segments, market trends and opportunities, and any further data you may need to thrive in the steam and air-conditioning supply industry. This steam and air-conditioning supply market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global steam and air-conditioning supply market size will grow from $96.09 billion in 2022 to $101.59 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The steam and air-conditioning supply market size is expected to grow from $123.22 billion in 2027 at a CAGR of 4.9%. The growth in the steam & air-conditioning supply market is due to the higher disposable income, corporate profit, and industrial output, which has resulted in greater demand for air-conditioning and heating, particularly in urban areas. An increase in disposable income is expected to propel the growth of the steam & air-conditioning supply market going forward. Disposable income refers to the amount of money left to spend and save after income tax has been deducted. Due to a rise in the purchasing capacity of the public people are choosing to buy discretionary products which are costly and provide comfort steam & air-conditioning comes under this category of products. For instance, according to trading economies, a US-based company provides information about economic indicators, exchange rates, and stock market indexes. Disposable Personal Income in India increased the US $ 3017266.44INR Million in 2021 which is the US $ 2525496.31 Million in 2020. Therefore, an increase in disposable income is driving the growth of the perishable prepared food manufacturing market. Technological innovations are the key trend gaining popularity in the steam and air-conditioning supply market major companies operating in the market are introducing new technologies such as Experience Zone to sustain their position in the market. For instance, in January 2021, Voltas Limited, an India-based manufacturer of steam and air-conditioning systems launched Experience Zone which helps to meet the growing expectations of consumers this provides real-time experience spaces. This is designed to experience a new range of Volta’s air conditioners. The steam and air-conditioning supply companies are adopting zoned steam and air conditioning systems for their reliable efficiency and low energy consumption. The zoned steam and air conditioning systems heat or cool specific areas by controlling zone halves or zone dampers attached inside the vents or ductwork. The zoned steam and air conditioning system consumes less energy to reach the selected temperature. The sophisticated zone steam and air condition system can be installed in a traditional system to meet the user’s specific needs. According to HVAC.com, these traditional zoning methods can save the user up to 30% on annual energy usage. Major players in the steam & air-conditioning supply market include Carrier Corporation, Trane Inc., Daikin Applied Americas Inc., Goodman Manufacturing Company LP, and Rheem Manufacturing Company. Western Europe was the largest region in the steam & air-conditioning supply market in 2022. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the steam & air-conditioning supply market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA. The steam and air conditioning supply market includes revenues earned by entities by providing electric power, natural gas, steam, hot water through a permanent infrastructure. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global steam and air-conditioning supply market is segmented - 1) By Type: Distribution Of Steam and Heated Air, and Distribution Of Cooled Air 2) By Distribution Channel: Multi-Brand Stores, Exclusive Stores, Online, and Other Distribution Channels 3) By End User: Residential, Commercial

Ice boxes are defined as non-mechanical wrapped insulated chests or boxes used for cooling and preserving food. These are often used for picnics, holidays, and vacations, and in places with hot weather conditions. These boxes are also used to carry cold groceries. The main product types of ice boxes are into inflatable coolers, marine coolers, soft-sided coolers and standard ice chests. Marine coolers are designed to withstand the harsh conditions of boating. They are rust-resistant, slip-resistant, and UV-protected. They provide significantly more insulation than standard coolers. Some may even have a commercial grade gasket lid to keep out the hot summer heat. The various materials used are metal coolers, plastic coolers and fabric coolers. Ice boxes are used for camping, medical and military cooler by household, commercial and industrial end users. The ice boxes market research report is one of a series of new reports from The Business Research Company that provides ice boxes market statistics, including ice boxes industry global market size, regional shares, competitors with a ice boxes market share, detailed ice boxes market segments, market trends and opportunities, and any further data you may need to thrive in the ice boxes industry. This ice boxes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global ice boxes market size will grow from $0.43 billion in 2022 to $0.49 billion in 2023 at a compound annual growth rate (CAGR) of 13.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global ice boxes market size is expected to grow to $0.87 billion in 2027 at a CAGR of 15.8%. The rising popularity of outdoor parties, camping and caravanning is driving the growth of the ice boxes market. As the number of people opting for outdoor recreational activities is increasing, the demand for ice boxes used to store food and beverages is rising. Campers and holidaymakers prefer carrying their own food products that must be stored at cool temperatures to prevent spoilage. Extreme cold weather and rainfall restrict the use of ice boxes as consumers do not prefer cold food or beverages in places with cold weather conditions. Also, ice boxes require ice cubes or ice packs to function that acts as a restrain for the ice boxes market. Ice box manufacturers are investing in the development and manufacture of collapsible and foldable coolers to minimize the space occupied. These coolers are made using insulated canvas with heat welded seams to prevent leakage. When not in use, these coolers can be folded for easy storage. Some of the company’s manufacturing collapsible and foldable coolers include Coleman, AO Coolers, Columbia. Major players in the ice boxes market are Igloo, Coleman (Esky), Rubbermaid, Grizzly, Engel, Bison Coolers, ORCA, Pelican, Polar Bear Coolers, and YETI. Asia-Pacific was the largest region in the ice boxes market in 2022. Western Europe was the second-largest region in the global ice boxes market. The regions covered in the global ice boxes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the ice boxes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The ice boxes market consists of sales of handle ice boxes, wheeled ice boxes, and other ice boxes. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global ice boxes market is segmented - 1) By Type Of Product: Inflatable Coolers, Marine Coolers, Soft-Sided Coolers, Standard Ice Chests 2) By Application: Camping, Medical, Military cooler 3) By End Use: Household, Commercial, Industrial 4) By Type Of Material: Metal Coolers, Plastic Coolers, Fabric Coolers

Argon is a chemical element known as a Nobel gas (inert gas) that is isolated on a large scale by fractional distillation of liquid air and can be converted into colorless liquid form by lowering the temperature to below-186 degrees. Argon is frequently used when there is a requirement for inert atmosphere. The main phases of argon are liquid and gas. The liquid is flowing freely like water. Argon is used for functions such as cooling, illumination, and illusion. These are used by end users such as metal manufacturing and fabrication, chemicals, energy, healthcare, electronics, food and beverage, and other sectors. The argon market research report is one of a series of new reports from The Business Research Company that provides argon market statistics, including argon industry global market size, regional shares, competitors with an argon market share, detailed argon market segments, market trends and opportunities, and any further data you may need to thrive in the argon industry. This argon market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global argon market size will grow from $6.06 billion in 2022 to $6.84 billion in 2023 at a compound annual growth rate (CAGR) of 12.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global argon market size is expected to grow from $10.28 billion in 2027 at a CAGR of 10.7%. The argon gas market is expected to be driven by the growing demand from the electronics industry. As argon gas provides an inert atmosphere needed for rapid cooling and heating of materials, it will be widely used for manufacturing semiconductors, flat panels, solar PV cells, and microelectronic devices in the electronics industry. The electronics industry has more scope due to the growth in the technology market, especially in Asia-Pacific, which is driving the requirement for advanced semiconductor components and a high reliance on specialty gases such as argon. Rising costs had a negative impact on the growth of the argon gas market. This rise in raw material costs resulted in higher manufacturing costs, thus decreasing the investments available for research and development of new products. Additionally, companies invested heavily in marketing their products due to intense competition in the market. Rising trucking, railroad, dry-bulk, and air-freight rates also negatively impacted the market. This rise in operating costs increased the pressure on companies to protect margins while maintaining the quality of their products. Many chemical manufacturers are adopting IoT (Internet of Things) technologies to connect equipment and smart devices to garner real-time insights and locate gaps in the manufacturing process. The data obtained through these devices is processed, analyzed, and interpreted by plant managers and senior-level management to improve quality and achieve optimum production levels. For example, smart systems give information on the working condition and performance of chemical reactors with embedded software and analytics tools to notify plant operators and managers of possible machine breakdowns. Major industrial gas manufacturers adopting IoT technology include Praxair-Linde and Air Products. In December 2020, Air Products & Chemicals, a US corporation, purchased the Oxygen and Argon works for NIS 575 million ($176.84 million). This acquisition aids Air Products & Chemicals' business expansion and rapid growth potential. Israel's Oxygen & Argon Works is Israel's leading producer of industrial gases, including helium, oxygen, hydrogen, and argon. Major players in the argon market are Airgas, Air Liquide, Linde, Messer Group, Praxair, Air Water, Air Products, American Gas Group, BASF, Buzwair, and Eurochem. Asia-Pacific was the largest region in the argon market in 2022. North America was the second-largest region in the global argon market. The regions covered in the global argon market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the argon market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The argon market consists of the sales of argon used in refrigeration, cryosurgery, airbag inflation, fire extinguishing, and spectroscopy. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global argon market is segmented - 1) By Phase: Liquid, Gas 2) By Function: Cooling, Illumination, Illusion 3) By End Userr: Metal manufacturing & fabrication, Chemicals, Energy, Healthcare, Electronics, Food & beverage, Other End-Users (includes scuba diving, automotive & transportation equipment)

The temperature management control and maintain specific body temperature through external warming or cooling for a specific duration. The temperature management devices are used in operation theatres during surgeries, ICU, blood warming, and in other chronic conditions such as cardiac ailments, neurological disorders, and cancer. The temperature management market covered in this report is segmented by product into patient warming devices and patient cooling devices. The patient warming devices are used to maintain specific body temperature through external warming. It is also segmented by application into surgery, cardiology, pediatrics, neurology, orthopedic surgery, others and by end-use into the operating room, neonatal ICU, emergency room, ICUs, and others. The temperature management market research report is one of a series of new reports from The Business Research Company that provides temperature management market statistics, including temperature management industry global market size, regional shares, competitors with a temperature management market share, detailed temperature management market segments, market trends and opportunities, and any further data you may need to thrive in the temperature management industry. This temperature management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global temperature management market grew from $2.75 billion in 2022 to $2.84 billion in 2023 at a compound annual growth rate (CAGR) of 3.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The temperature management market is expected to grow from $3.17 billion in 2027 at a CAGR of 2.8%. A rise in the prevalence of chronic diseases is expected to drive the temperature management market. For instance, in 2020, Cancer was the leading cause of death accounting for nearly 10 million deaths worldwide. A decrease in temperature increases the inflammation or multiplying of cancer cells in patients. It also acts as a predictor of death for critically ill cancer patients. Hyperthermia, a type of treatment that uses a high temperature, is therefore used for treating cancer patients. Therefore, maintaining temperature for patients with chronic diseases helps in decreasing the infection and saving lives which in turn drives the temperature management market. The risk associated with the use of invasive temperature management devices is expected to hinder the temperature management devices. For instance, during the targeted temperature management post-cardiac arrest, the use of invasive temperature management devices is associated with certain risks like an injury at the area of placement, infection, and venous thrombosis. Similarly, surface cooling systems that use blankets or pads wrapped around the patient that circulates cold air or fluid include the rare risk of skin burns and irritation, as well as the risk of overshooting the target temperature in the induction phase. Such risk factors, therefore, are expected to impact the growth of the temperature management market. Wearables are evolving at a rapid pace and are expected to be the new trend in the temperature management system market. Heat due to power consumption causes both circuit malfunctions and low-temperature burns to users. Therefore, researchers are proposing thermal management methods using wearable devices with higher performance. A wearable device is a patch that controls the temperature of the patient’s body as per the wearer’s preference. For instance, the company Embr Labs has released a watch or bracelet called Embr Wave that makes the person feel warmer or cooler based on his preference, thereby acting as a personal thermostat. Major players in the temperature management market are 3M Company, Becton, Dickinson and Company, Draegerwerk AG & Co. KGaA, Smiths Medical, Stryker Corporation, The 37company (The Surgical Company), Zoll Medical Corporation (A Subsidiary of Asahi Kasei Corporation), C. R. Bard, Mennen Medical, and Medtronic (COVIDien). North America was the largest region in the temperature management market in 2022. Western Europe was the second largest region in the global temperature management market report. The regions covered in the global temperature management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the temperature management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The temperature management market consists of revenues earned by entities by real-time environmental and temperature monitoring and ensure patient safety. The market value includes the value of related goods sold by the service provider or included within the service offering. The temperature management market also includes sales of warming devices and cooling devices. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global temperature management market is segmented - 1) By Product: Patient Warming Devices, Patient Cooling Devices 2) By Application: Surgery, Cardiology, Pediatrics, Neurology, Orthopedic Surgery, Other Applications 3) By End-Use: Operating Room, Neonatal ICU, Emergency Room, ICUs, Other End-Uses

Condensers refer to an apparatus used to condense gaseous substances into a liquid state through cooling to improve stability and to maintain voltages within desired limits under changing load conditions and contingency situations. The main product types of condensers are new and refurbished. Refurbished refers to an item that will be inspected and repaired. The cooling types are air-cooled, evaporative, and water-cooled. The various applications involved are industrial, commercial, and transportation. The condensers market research report is one of a series of new reports from The Business Research Company that provides condensers market statistics, including condensers industry global market size, regional shares, competitors with a condensers market share, detailed condensers market segments, market trends, and opportunities, and any further data you may need to thrive in the condensers industry. This condensers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global condensers market size will grow from $99.7 billion in 2022 to $105.78 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global condensers market size is expected to grow to $141.1 billion in 2027 at a CAGR of 7.5%. The growing demand for renewable energy generation is a major factor contributing to the growth of the condensers market. Synchronous condensers (SCs) generate reactive power and are a helpful way to stabilize the energy provided by renewable resources. The network operators and developers of renewable energy are gradually turning to synchronous condensers to offer incremental short-circuit capacity to reinforce their grid. According to the International Energy Agency (IEA), annual investment in new renewable energy generation efficiency is projected to reach $230 billion by 2020. Global renewable energy production is expected to increase by 45% and makeup almost 26% of global electricity generation by 2020. Therefore, the growing demand for renewable energy generation is expected to drive the growth of the condensers market over the forecast period. The integration of AI in the air conditioner is shaping the condensers market. Major companies operating in the air conditioning sector are implementing AI technology to increase their performance. For instance, in April 2020, TCL Technology, a China-based electronics company introduced AI-powered ultra-inverter AC in India. The AI-powered ultra-inverter AC is equipped with an ultra-tropical compressor and has a gold titanium evaporator and condenser that can improve the performance and life of both the evaporator and the condenser. In July 2020, Hitachi, Ltd. a Japan-based conglomerate company engaged in manufacturing and selling home air conditioning systems, air purifiers, refrigerators, chillers, and air conditioners acquired ABB Power Grids for $7.8 billion. Through this acquisition, a new business called Hitachi ABB Power Grids is created and this business is aimed at tackling the renewable and distributed energy frontiers of the power industry. ABB is a Switzerland-based electrical & electronic manufacturing company. Major players in the condensers market are ABB, Siemens AG, General Electric, Eaton Corporation, Voith Group, Fuji Electric, WEG, BRUSH Group, Mitsubishi Electric, and Electro Mechanical Engineering Associates Inc. The Asia-Pacific was the largest region in the condensers market in 2022. North America was the second largest region in the global condensers market. The regions covered in the global condensers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the condensers market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The condensers market consists of sales of air-cooled condensers, water-cooled condensers, such as double tube, shell and coil condensers, shell and tube condensers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global condensers market is segmented - 1) By Product Type: New, Refurbished 2) By Cooling Type: Air-Cooled, Evaporative, Water-Cooled 3) By Application: Industrial, Commercial, Transportation

Humidifying equipment is a device that is used to maintain the humidity of a room to ensure there is enough moisture. It is used to increase the humidity of the air. The main types of humidifying equipment are warm-mist humidifiers, cool-mist humidifiers, ultrasonic humidifiers, and evaporative humidifiers. The warm-mist humidifier in humidifying equipment market refers to the humidifiers that are designed to create and distribute warm and moist air. These are applicable in commercial, industrial, and residential. The various distribution channels include multi-brand stores, exclusive stores, online, and other distribution channels. The humidifying equipment market research report is one of a series of new reports from The Business Research Company that provides humidifying equipment market statistics, including humidifying equipment industry global market size, regional shares, competitors with a humidifying equipment market share, detailed humidifying equipment market segments, market trends and opportunities, and any further data you may need to thrive in the humidifying equipment industry. This humidifying equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global humidifying equipment market size will grow from $4.54 billion in 2022 to $4.57 billion in 2023 at a compound annual growth rate (CAGR) of 0.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global humidifying equipment market size is expected to grow to $4.9 billion in 2027 at a CAGR of 1.8%. An increase in the prevalence of diseases such as asthma, sinusitis, and other allergies attributed to dry air has created awareness among customers to maintain specific humidity in the air by using humidifying equipment. For instance, according to the world health organization, asthma report 2021, the number of people affected by asthma was 262 million people in 2019 and the deaths are 461000 deaths. Humidifying equipment releases steam or water vapor into the air to increase humidity and help individuals avoid issues faced with dry air. Hence, the increasing prevalence of diseases such as asthma, sinusitis, and other allergies to dry air is projected to generate higher demand for humidifying equipment. The high cost of installation and maintenance of humidifying equipment is a major factor restraining the growth of the global humidifying equipment market. Central humidifier work by increasing the relative humidity consistently and come in several different sizes, types, and installation style that impacts the overall cost. For instance, the average cost of installing a central humidifier is between $600 and $1,000. The minimum cost for installing a basic humidifier is around $487, while the maximum cost is around $1,532 for a steam humidifier. Therefore, the high cost of installation and maintenance of humidifying equipment is predicted to restrain the market growth. Major players operating in the market are focusing on developing new innovative products to attract a large customer base and maintain their position in the competitive business environment. The humidifying equipment manufacturing companies are incorporating advanced technologies to introduce innovative portable smart products. For instance, in July 2019, Xiaomi launched a new portable MIJIA Smart Sterilization Humidifier with UV-C water sterilization and smart humidifiers for offices and homes. It has a smart constant humidity function that monitors indoor humidity in real-time. In July 2021, Medline, a US-based biomedical company acquired Hudson RCI for an undisclosed amount. With this acquisition, Medline will extend its respiratory solutions portfolio and provide a wide range of offerings to patients. The Hudson RCI is a company manufacturing humidifiers based in Sweden. Major players in the humidifying equipment market are Armstrong International, BoneCo., Carel Industries, Crane, Condair Group, Honeywell International, Dristeem, Koninklijke Philips N.V, Dyson Ltd., and Winix Inc. The Asia-Pacific was the largest region in the humidifying equipment market in 2022. North America was the second largest region in the global humidifying equipment market. The regions covered in the global humidifying equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the humidifying equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The humidifying equipment market consists of sales of vents, drainers, regulators, and gas-fired heater. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global humidifying equipment market is segmented - 1) By Type: Warm-Mist Humidifier, Cool-Mist Humidifier, Ultrasonic Humidifier, Evaporative Humidifier 2) By Application: Commercial, Industrial, Residential 3) By Distribution Channel: Multi-Brand Stores, Exclusive Stores, Online, Other Distribution Channels

The chillers are used for controlled cooling. Chillers are defined as refrigeration system that is used to lower the temperatures of process fluids, machinery, and others by removing heat from them and transferring it to other spaces. Chillers are mainly essential for regulating and maintaining the temperatures in various industries. The main product types of chillers are air cooled chiller and water cooled chiller. The air-cooled chillers are used in commercial and industrial facilities. Air-cooled chillers work by absorbing heat from process water and transferring it to cool fluids and dehumidify air. The various power range of chillers are less than 50 kW, 50-200 kW and more than 200 kW. Various chillers by compressor type include screw chillers, centrifugal chillers, absorption chillers. and reciprocating chillers. Chillers are mainly used in commercial, industrial and residential spaces. The Chillers Global market research report is one of a series of new reports from The Business Research Company that provides Chillers Global market statistics, including Chillers Global industry global market size, regional shares, competitors with a Chillers Global market share, detailed Chillers Global market segments, market trends and opportunities, and any further data you may need to thrive in the Chillers Global industry. This Chillers Global market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry The global chillers market size grew from $8.72 billion in 2022 to $9.01 billion in 2023 at a compound annual growth rate (CAGR) of 3.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The chillers market size is expected to grow to $10.88 billion in 2027 at a CAGR of 4.8%. The rise in new commercial construction buildings is expected to propel the growth of the chillers market. The commercial buildings use chillers to remove heat from the air and help in achieving a proper temperature control. Smart commercial buildings are incorporating smart technologies, such as occupancy sensors, smart thermostats, and HVAC and lighting controls help reduce energy usage in unoccupied offices, conference rooms, and other spaces. For instance, according to The American Council for an Energy Efficient Economy (ACEEE), technologies used in smart building can reduce 18% energy consumption for HVAC systems, 28% for plugged equipment and 33% for lighting. Further, according to Invest India, there is an increase in the commercial space for buildings, with the office space absorption across India's largest 6 cities at 31.9 million sq.ft. in 2020. Therefore, the rise in new commercial construction buildings is expected to create opportunities for various players involved in the chillers market. Strategic collaboration between companies is a key trend gaining popularity in the chillers market. Companies manufacturing or supplying chillers are undergoing various collaborations to develop new technologies and productsFor instance, in March 2020, Vertiv, a US-based company operating in designing, building, and servicing critical infrastructure, signed a partnership with Geoclima, an Italy-based highly efficient and customizable chillers manufacturer, to provide high energy efficiency solutions for data center operations to gain the competitive advantage in the chiller market. In January 2022, Piovan Group, an Italy-based company offering chillers through its subsidiary Aquatech completed acquisition of IPEG, Inc., for appromately $125 million. Under this deal, Piovan has acquired 100% of the outstanding shares of Ipeg, with the four brands Conair, Thermalcare, Pelletron and Republic Machine. The deal will help Piovan to gain a market of its “formidable customer base” in North America, and expands the production capacity in India and also in US to produce chillers. IPEG, Inc. is a US-based company engaged in industrial chiller manufacturing having operations and subsidiaries in the US, India, Mexico, Germany, China, Taiwan and Singapore. Major players in the chillers market are Carrier Corporation, Daikin Industries, Trane Technologies PLC., Hitachi Air Conditioning Company, Johnson Controls International PLC, Thermax Limited, Smardt Chiller Group Inc., Mitsubishi Electric Corporation, Midea, LG Electronics Inc., Reynold India Pvt. Ltd., Dimplex Thermal Solutions, Dunham Group, Frigel Firenze SpA, Friulair S.R.L, HYDAC International, Thermal Care Inc., SKM Air Conditioning, MTA S.P.A, and KKT Chillers. Asia-Pacific was the largest region in the Chillers market in 2022. The regions covered in the chillers global market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the Chillers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The chillers market consists of sales of condenser, compressor, evaporator, expansion valves. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global chillers market is segmented - 1) By Product Type: Air Cooled Chiller, Water Cooled Chiller 2) By Power Range: Less than 50 kW, 50-200 kW, More than 200 kW 3) By Compressor Type: Screw Chillers, Centrifugal Chillers, Absorption Chillers, Reciprocating Chillers 4) By End User: Commercial, Industrial, Residential

The automotive charge air cooler is designed to cool down the heated intake air that comes from the compressor or turbocharger. The turbo charger compresses air at a high temperature, which lowers the density of the air, resulting in less oxygen being present during combustion. These components maintain and improve power output and torque in vehicles. The main types of automotive charge air coolers are air-cooled charge air coolers and liquid-cooled charge air coolers. An air-cooled charge air cooler is used to cool engine air before it enters the combustion chambers after it has passed through a turbocharger. Its function is to cool the combustion air to a temperature that is most favourable to power output, fuel consumption, and, subsequently, exhaust emissions. Automotive charge air coolers are available in various designs, such as tube and fin, bar and plate. They are of different fuel types, such as gasoline and diesel. Automotive charge air coolers are used in vehicles such as passenger cars, light commercial vehicles, trucks, and buses. The automotive charge air cooler research report is one of a series of new reports from The Business Research Company that provides automotive charge air cooler statistics, including automotive charge air cooler industry global market size, regional shares, competitors with automotive charge air cooler share, detailed automotive charge air cooler segments, market trends and opportunities, and any further data you may need to thrive in the automotive charge air cooler industry. This automotive charge air cooler research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global automotive charge air cooler market size grew from $2.63 billion in 2022 to $2.9 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive charge air cooler market size is expected to grow to $4.46 billion in 2027 at a CAGR of 11.4%. The growing demand and use of turbochargers in the automotive industry is expected to drive the market. The use of turbochargers reduces the displacement volume of the cylinder, which reduces the volume of fuel required for the same output. This factor is projected to create huge growth opportunities for turbochargers over the forecast period. Asia-Pacific is likely to have a huge demand for turbochargers. For example, demand for turbochargers in India grew from 43% in 2015 to 48% in 2020. Therefore, passenger cars are adopting these products increasingly, which would drive the demand for automotive charge air coolers and In addition, the implementation of high-performance engines is providing ample opportunities for the market. Companies in the automotive charge air cooler market are focusing on the implementation of high-performance engines to improve fuel consumption. With the help of high-performance engines, the oil in the engine is drastically cooled, preventing it from overheating. For example, in April 2021, Tata Autocomp developed a new generation of iSMART that was lighter in weight and had a higher cooling efficiency. In addition, the company created slim condensers, low pressure drop charge air coolers, efficient fan-motor assemblies, and new generation compact header-less EGR coolers. In October 2020, Dana Incorporated, a US-based supplier of fully integrated drivetrain and electrified propulsion systems for all passenger vehicles, announced an agreement to purchase a portion of the thermal-management business of Modine Manufacturing for an undisclosed amount. The transaction will strengthen Dana’s Power Technologies business unit. Modine Manufacturing is a US-based company that manufactures heat-transfer and heat-storage technology products for the automotive charge air cooler industry. Major players in the automotive charge air cooler market are Banco Products Ltd., Calsonic Kansei Corporation, Dana Incorporated, Delphi Technologies, DENSO, DuPont, Modine Manufacturing Company, Valeo SA, Vestas, MAHLE GmbH, Hanon Systems, C, G, & J Inc., T. RAD Co. Ltd., and Magneti Marelli S.p.A. Asia-Pacific was the largest region in the automotive charge air cooler market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive charge air cooler market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Automotive Charge Air Cooler market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive charge air cooler market consists of sales of passive, thermoelectric, absorption, and compressor coolers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global automotive charge air cooler market is segmented - 1) By Type: Air-Cooled, Liquid-Cooled 2) By Design: Tube & Fin, Bar & Plate 3) By Fuel Type: Gasoline, Diesel 4) By Vehicle: PC, LCV, Truck, Bus