June 2025
The U.S. chillers market was valued at approximately USD 3.85 billion in 2024 and is projected to grow at a CAGR of 6.25% from 2025 to 2034, reaching a value of USD 6.07 billion by 2034. The increasing need for energy-efficient cooling systems in several spaces has fueled industrial growth in recent years.
The United States chillers market is expected to see steady growth owing to its wide application in modern infrastructure in the current period. Moreover, several industries are actively seeking efficient cooling systems in the country nowadays, which is contributing to the growth of the market as per the earlier observation. Also, the country's commercial spaces and tech facilities are increasingly demanding advanced temperature control systems in the current period. In this process, technology advances are projected to play a major role in the upcoming period and lead the global consumer base, as expected in the United States.
The increased need for energy-efficient cooling systems is spearheading the U.S. chillers market growth in the current period. Several sectors, such as data centers, factories, buildings, and other commercial sectors, are actively looking for the cost of their electricity bills in the United States, as per the recent observation. By launching smart chillers, the manufacturers are expected to gain a first mover advantage in the country for the future period. Moreover, the United States government is increasingly seen as backing up the green environment initiatives, which is likely to provide substantial advantages for the chillers manufacturers in
Report Attributes | Details |
Market Size in 2025 | USD 4.03 Billion |
Expected Size by 2034 | USD 6.07 Billion |
Growth Rate from 2025 to 2034 | CAGR 6.25% |
Base Year of Estimation | 2024 |
Forecast Period | 2025 - 2034 |
Segment Covered | By Product, By Application, By Compressor |
Key Companies Profiled | Thermal Care, Inc., Advantage Engineering, Inc., Compressed Air Systems, Inc., Thermal Care, Inc.,Delta Industries, Universal Air & Gas Products (aka Universal Air Products Corp.),Dimplex Thermal Solutions,Ecochillers, Inc., G&D Chillers, Baltimore Aircoil Company, Custom Control Sensors, LLC, Drake Refrigeration, Inc.,Cold Shot Chillers, Thermo Fisher Scientific Inc., American Chillers, Legacy Chillers, Inc.,Chillermen, FLUID CHILLERS, INC., Carrier Global Corporation, TRANE Technologies Plc., Polyscience Inc. |
The ongoing replacement of old systems in several spaces, such as industrial and commercial, is expected to create lucrative opportunities for U.S. chillers market. Moreover, several industry and commercial spaces are increasingly seen replacing or actively looking for modern cooling systems that are suitable for their modern infrastructure in the current period. Also, several governments in the regions are observed as backing and implementing sustainable and green building initiatives, which are likely to contribute to the chillers market growth during the forecast period.
The high cost of technologically advanced chillers is expected to hamper the U.S. chillers market growth in the upcoming years. In today’s modern era, several small businesses and mid-size commercial places can struggle to afford this chiller or initial investment in the future. Also, government-released regulations are continuously increasing the cost of technology, which can create further barriers for industry growth in the future. Also, new entrants are likely to face these challenges during the projected period.
The water-cooled segment held the largest share of the market in 2024, akin to its efficiency for better working in steady end-use environments and large buildings. Also, in large offices, hospitals, factories, and malls are installing water-cooled chillers in the current period. Having unique properties like lower operating costs and strength has actively contributed to the segment's growth in recent years. Also, nations' commercial and institutional spaces are expected to provide a higher number of consumers to the segment in the future.
The air-cooled segment is seen to grow at a notable rate during the predicted timeframe, owing to unique advantages such as easy installation and less maintenance. This chiller does not require any type of water supply is making it ideal for small institutions and areas where water supply or access is very limited, which is anticipated to contribute to the segmental growth during the incoming years. Moreover, air-cooled chillers have gained immense popularity in mid-size and small business firms, as per the recent observation.
The commercial application segment held the dominant share of the U.S. chillers market in 2024 due to high demand from offices, hotels, shopping malls, hospitals, and schools. These places need constant cooling to keep people comfortable and equipment running properly. Commercial buildings also focus more on energy savings and system reliability, and chillers are key to managing large-scale cooling. Many buildings are also replacing older systems with modern, energy-efficient chillers. Since the commercial construction industry is large and growing in the U.S., the need for reliable cooling solutions remains strong. This has kept commercial applications as the top contributor to chiller demand in recent years.
The industrial application segment is seen to grow at a notable rate during the predicted timeframe. Factories, food processing plants, chemical facilities, and data centers all need heavy-duty cooling systems. As industries expand and upgrade their equipment, they need chillers to control temperature and protect machinery. Also, strict rules for process cooling and safety will drive demand. The rise in U.S. manufacturing and warehousing will push the need for more chillers in production and storage areas. Industrial applications will likely grow faster than commercial ones as industries adopt smart and energy-saving cooling systems to improve productivity and meet new efficiency standards.
The screw chillers segment held the largest share of the market in 2024 owing to screw chillers are strong, reliable, and work well in medium to large cooling systems. They are often used in hotels, hospitals, and manufacturing plants where the cooling load changes throughout the day. Screw compressors can handle these changes without losing efficiency. They also run more quietly and have fewer moving parts, which means fewer breakdowns. For many years, screw chillers have been the go-to choice for dependable and steady cooling. Their long life and ability to handle larger buildings have helped make screw chillers the most used type in the market.
The scroll chillers segment is expected to grow at the fastest rate in the market during the forecast period. Scroll chillers are compact, energy-efficient, and affordable. They are perfect for small to medium-sized buildings like offices, retail stores, and clinics. Scroll compressors are quieter and easier to maintain than other types. As more businesses and building owners look for low-cost, high-efficiency cooling systems, scroll chillers will become a preferred option. They are also ideal for modular systems where extra units can be added when needed. With new building projects and retrofits focusing on efficiency and cost, scroll chillers are set to play a bigger role in the future U.S. chillers market.
By Product Type
By Application
By Compressor
June 2025
June 2025
June 2025
June 2025