Feb 23, 2021   SOURCE: BusinessWire

Global Recirculating Chillers Market (2020 to 2028) - Players Include Thermo Fisher Scientific, Lyrton and Poly Science Among Others - ResearchAndMarkets.com

The "Recirculating Chillers Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2020 To 2028" report has been added to ResearchAndMarkets.com's offering.

Recirculating chillers refer to a closed-loop system that is designed to cool an external device. These are portable systems and hence offer a high flexibility of operation irrespective of location and space. Today, manufacturers are focusing on developing compact chillers that can be installed over small places making them suitable for a wide array of applications. Due to these advantages, recirculating chillers have observed substantial adoption across the global markets. In addition, recirculating chillers use a refrigerant as a cooling agent. Thus, this significantly reduces the cost of water usage thereby reducing overheads and environmental impact. This is another prime factor fueling the overall market across different application segments.

Another major factor propelling the market growth is rising industrial sectors such as analytical instruments, semiconductor, medical and biotechnology, and others. Increasing expenditure on research & development has considerably fueled the demand for analytical instruments and related equipment. Most of the advanced analytical instruments require precise cooling. However, this becomes a challenge for water-based coolers, as tap water temperature may fluctuate significantly throughout the year. This has led to the wide adoption of recirculating chillers through different end-use applications. Rising analytical instruments and semiconductor is expected to greatly drive the market for recirculating chillers in the following years.

The report provides an in-depth study of market driving and restraining factors related to the global recirculating chillers industry. The research study also covers current and future market trends in the global as well as regional markets. The report provides exhaustive information on technology development, pricing, and demand-supply trends. High-level analysis included in the report such as market competitive analysis, attractive analysis, and value chain analysis helps market players and trade partners to identify key investment areas in the industry.

Moreover, the report provides market estimates and forecast, market size of recirculating chillers different application segments in terms of both volume (number of units sold) and revenue (US$ Bn). This market is segmented on the basis of applications and region. The report also includes cross-sectional analysis on a regional basis i.e. regional market size by applications. This study includes market historical market size (2018 & 2019), market estimate (2020), and forecast for the period 2020 - 2028 in terms of volume and revenue. The report also includes market estimates and forecast of recirculating chillers market for major countries.

The report profiles key players in the global recirculating chillers industry. Company profiles include detailed information about business strategies, product portfolio, recent developments, and regional positioning of these manufacturers. The report also provides an in-depth analysis of market competition and positioning of key market players along with their market winning strategies. The report also highlights major players in each regional market.

Companies Mentioned

  • Thermo Fisher Scientific
  • Lyrton
  • SMC Corporation
  • Poly Science
  • JULABO GmbH
  • VWR International
  • Opti Temp Inc

Key Topics Covered:

Chapter 1 Preface

1.1 Report Description

1.1.1 Purpose of the Report

1.1.2 Target Audience

1.1.3 USP and Key Offerings

1.2 Research Scope

1.3 Research Methodology

1.3.1 Phase I - Secondary Research

1.3.2 Phase II - Primary Research

1.3.3 Phase III - Expert Panel Review

1.3.4 Assumptions

1.3.5 Approach Adopted

Chapter 2 Executive Summary

2.1 Market Snapshot: Global Recirculating Chillers Market

2.2 Global Recirculating Chillers Market, By Application

2.3 Global Recirculating Chillers Market, By Geography

Chapter 3 Market Dynamics

3.1 Introduction

3.1.1 Global Recirculating Chillers Market Revenue and Volume, 2018 - 2028, (US$ Mn) (Units)

3.2 Key Market Trends and Future Outlook

3.2.1 Focus on Asia Pacific

3.2.2 Innovative recirculating chillers

3.3 Market Drivers

3.3.1 Superior benefits of using recirculating chillers

3.3.2 Rising analytical instruments industry

3.3.3 Rising semiconductor industry worldwide

3.4 Market Inhibitors

3.5 See-Saw Analysis

3.5.1 Impact Analysis of Drivers and Restraints

3.6 Ecosystem Analysis

3.7 Attractive Investment Proposition

Chapter 4 Competitive Analysis

4.1 Market Positioning of Key Vendors

4.2 Market Wining Strategies

4.2.1 New Product Introductions

Chapter 5 Company Profiles

Chapter 6 Global Recirculating Chillers Market Analysis, By Application

6.1 Analytical and Laboratory

6.2 Automotive

6.3 Medical and Biotech

6.4 Laser

6.5 Datacenter

6.6 Packaging

6.7 Semiconductors

6.8 Other Applications (Printing, Small Industries, etc.)

Chapter 7 North America Recirculating Chillers Market Analysis

Chapter 8 Europe Recirculating Chillers Market Analysis

Chapter 9 Asia Pacific Recirculating Chillers Market Analysis

Chapter 10 Rest of the World (RoW)Recirculating Chillers Market Analysis

For more information about this report visit https://www.researchandmarkets.com/r/tg5wuk