Chillers have been around in the UK since the early twentieth century, first serving industrial uses. However, their use in the business sector increased dramatically after World War II, reaching a high in sales around 2007. The UK market has seen a significant movement in preference for energy-efficient and ecologically friendly chillers over the years. This trend reflects the global emphasis on sustainability and energy conservation. Notably, scroll compressors and eco-friendly refrigerants such as R32 have gained popularity due to their low environmental effect. Furthermore, there is a rising preference for modular chiller systems, driven by the desire for scalability and simplified maintenance procedures. Several large companies dominate the UK chiller marke. Furthermore, other domestic firms add to the competitive landscape. With rising demand for energy-efficient solutions, new entrants are focusing on specialised markets like micro-chillers for smaller applications, creating more prospects for growth and innovation in the industry. Overall, the UK market for energy-efficient chillers offers exciting opportunities for enterprises who are ready to engage in sustainable practices and innovative technologies. According to the research report “United Kingdom Chiller Market Research Report, 2029," published by Actual Market Research, the United Kingdom Chiller market is forecasted to reach market size of more than USD 450 Million by 2029. Several factors and challenges impact the landscape of the UK chiller market. The growing demand for air conditioning in a variety of industries, including commercial buildings, data centres, and healthcare institutions, is a major driver. This need is further spurred by urbanisation and the desire for increased comfort and productivity. Furthermore, there is a considerable emphasis on energy efficiency and sustainability, which mirrors broader societal and legislative tendencies toward lowering carbon emissions. However, the industry confronts obstacles, such as strict controls on refrigerants and energy use. Compliance with European Union (EU) rules, particularly the F-gas Regulation, which aims to reduce greenhouse gas emissions, has a considerable impact on chiller design and refrigerant choices. Manufacturers must manage these rules while also dealing with issues such as skilled labour shortages and growing material costs, which can impact production capacity and pricing strategies. Balancing regulatory compliance, market demand, and cost-effectiveness remains a major concern for stakeholders in the UK chiller business.
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Download SampleIn terms of product types, there are two main categories of chillers: air-cooled and water-cooled chillers. Air-cooled chillers work by transferring heat from a process fluid to the surrounding air using fans and heat exchangers, while water-cooled chillers use water as a cooling medium, circulating it through a closed loop system to absorb and dissipate heat. Within these categories, various types of chillers exist, such as screw chillers, scroll chillers, and centrifugal chillers. Screw chillers utilise rotary screw compressors, scroll chillers employ scroll compressor technology, and centrifugal chillers use centrifugal force to compress refrigerant and remove heat. These different types of chillers cater to diverse cooling requirements in applications ranging from commercial buildings to industrial processes. Additionally, the end-users of chillers can be categorised into commercial and industrial sectors, where commercial users may include businesses, offices, and retail spaces, while industrial users encompass manufacturing plants, factories, and other industrial facilities. By understanding the nuances of these product types and end-user segments, chiller manufacturers can tailor their offerings to meet the specific needs of various industries and applications, thereby optimising efficiency and performance while addressing cooling requirements effectively. The market for energy-efficient chillers is expanding rapidly, driven by reasons such as rising demand for sustainability, a focus on retrofitting existing buildings, and increased investment in data centres. These trends present numerous opportunities for organisations engaged in this industry. Furthermore, government initiatives to promote sustainable practices are boosting market growth by pushing enterprises to implement energy-efficient solutions. The COVID-19 epidemic had a substantial influence on chiller sales in the UK, with disruptions in the building industry causing a temporary drop. With lockdowns in place and development projects delayed, demand for chillers decreased. However, once the economy recovers and construction activity resumes, the chiller market is expected to rebound. The rebound is likely to be spurred by the restart of construction projects and an increased emphasis on building energy efficiency. The UK government's ambition to reach net-zero emissions by 2050 is promoting the development of low-carbon technologies like energy-efficient chillers. This approach is consistent with the larger worldwide push for sustainability and reduced carbon footprints. As a result, there is an increasing interest and investment in environmentally friendly refrigeration technologies, which speaks well for the future of the UK chiller market. In terms of raw material availability and manufacture, the UK imports some chiller components including compressors and heat exchangers. However, the local manufacturing industry remains active and caters to unique demands. This combination of home production and international sourcing ensures a broad supply chain, reducing the risk of global market disruptions. The UK chiller market is less in scale than larger European economies such as Germany and France. Nonetheless, it takes a similar approach to energy efficiency and the use of environmentally benign refrigerants. This demonstrates a common commitment to sustainability and is consistent with broader trends in the HVAC industry throughout Europe. The UK chiller market's marketing and promotion efforts typically include a combination of online platforms, trade show participation, and cooperation with building consultants and contractors. These initiatives seek to increase awareness of energy-efficient technologies and emphasise the advantages of investing in environmentally friendly chillers. Despite the pandemic's losses, the industry has shown remarkable resilience, responding to new problems and possibilities as they arise. Considered in this report • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029
Aspects covered in this report • Chillers market Outlook with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product Type • Air Cooled Chiller • Water Cooled Chiller By Type • Screw Chiller • Scroll Chiller • Centrifugal Chiller • Others
By End User • Commercial • Industrial The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Chillers industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.
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