- Modular chillers are specialized cooling systems used in various industrial and construction applications. They are designed to efficiently cool brine and water and dehumidify the surrounding air. Modular chillers can operate independently or in conjunction with other chiller modules to provide the required cooling capacity. These versatile units offer cooling capabilities and feature either internal or remote condensers. There are two main types of modular chillers: water-cooled and air-cooled, each with distinct applications and advantages
- The escalating demand for modular chillers is primarily fueled by rising energy efficiency regulations, increased construction of green buildings, and the growing need for reliable and decentralized cooling solutions in rapidly urbanizing regions
- Asia-Pacific dominated the modular chillers market with a share of 45.2% in 2024, due to rapid industrialization, infrastructural development, and increasing demand for energy-efficient HVAC systems across commercial and residential buildings
- Middle East & Africa is expected to be the fastest growing region in the modular chillers market during the forecast period due to rising demand for efficient cooling systems in commercial buildings, hospitality, and infrastructure projects
- Water-cooled modular chillers segment dominated the modular chillers market with a market share of 62.9% in 2024, due to their superior energy efficiency and consistent performance across varying load conditions. These chillers are preferred in large-scale commercial and industrial facilities where centralized cooling is essential and access to a steady water supply is feasible
