Global Chillers Market Witnessing Strong Growth Across HVAC Applications
The global chillers market was valued at USD 4.8 Bn in 2022 and is projected to reach USD 7.1 Bn by the end of 2031. The industry is expected to grow at a CAGR of 4.7% from 2023 to 2031, driven by increasing demand for energy-efficient cooling systems across commercial, industrial, and residential sectors. Rising infrastructure development, expanding HVAC applications, and growing focus on...
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