Australia Chillers Market Size & Outlook, 2026-2033
Global Market
Related Markets
Australia chillers market highlights
- The Australia chillers market generated a revenue of USD 84.2 million in 2025 and is expected to reach USD 101.7 million by 2033.
- The Australia market is expected to grow at a CAGR of 2.32% from 2026 to 2033.
- In terms of segment, water-cooled was the largest revenue generating product in 2025.
- Air-Cooled is the most lucrative product segment registering the fastest growth during the forecast period.
Chillers market data book summary
| Market revenue in 2025 | USD 84.2 million |
| Market revenue in 2033 | USD 101.7 million |
| Growth rate | 2.32% (CAGR from 2026 to 2033) |
| Largest segment | Water-cooled |
| Fastest growing segment | Air-Cooled |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Air-Cooled, Water-Cooled |
| Key market players worldwide | Trane Technologies PLC Class A, Carrier Global Corp Ordinary Shares, Daikin Industries Ltd, Johnson Controls International PLC, Rite-Hite, Air Products & Chemicals Inc, Honeywell International Inc, ClimaCool, Fluid Chillers, General Air Products, Rite-Temp |
Other key industry trends
- In terms of revenue, Australia accounted for 0.8% of the global chillers market in 2025.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China chillers market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 817.9 million by 2033.
Australian agriculture industry has been playing significant contribution to the country’s GDP by exporting food items, beverages, dairy products, and other agricultural produce. According to the data published by Australian Bureau of Statistics in September 2023, the production of beef has been growing significantly from September 2021.
The total beef produced in tons has reached 567.6 tons from 478.0 tons. The chillers are used in the food industry to froze the meat produced, thereby improves its shelf life. Hence, with the growth in the food & agricultural industry, the demand for chillers is likely to increase over the forecast period.
Furthermore, the hospital and healthcare construction facilities in Australia observes positive growth. For example, the Queen Elizabeth Hospital Redevelopment Plan with an estimated investment of USD 221 Million. The construction of the project is anticipated to be complete in 2024.
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Publish Date: Jul 01, 2026
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Chillers Market Scope
Chillers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Johnson Controls International PLC | View profile | 102,000 | One Albert Quay, Cork, Ireland, T12 X8N6 | www.johnsoncontrols.com |
| Air Products & Chemicals Inc | View profile | 23,000 | 1940 Air Products Boulevard, Allentown, PA, United States, 18106-5500 | www.airproducts.com |
| Honeywell International Inc | View profile | 95,000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | www.honeywell.com |
| Daikin Industries Ltd | View profile | 107,127 | Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, Japan, 530-8323 | www.daikin.com |
| Carrier Global Corp Ordinary Shares | View profile | 53,000 | 13995 Pasteur Boulevard, Palm Beach Gardens, FL, United States, 33418 | www.corporate.carrier.com |
| Trane Technologies PLC Class A | View profile | 40,000 | 170/175 Lakeview Drive, Airside Business Park, Swords County, Dublin, Ireland | www.tranetechnologies.com |
| Rite-Hite | View profile | 1001-5000 | Milwaukee, Wisconsin, United States, North America | www.ritehite.com |
| ClimaCool | View profile | 11-50 | Oklahoma City, Oklahoma, United States, North America | www.climacoolcorp.com/ |
| Fluid Chillers | View profile | - | Lansing, Michigan, United States, North America | www.fluidchillers.com/ |
| General Air Products | View profile | 101-250 | Exton, Pennsylvania, United States, North America | www.generalairproducts.com/ |
Australia Chillers Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Chillers Market Outlook will help companies and investors design strategic landscapes.
Water-Cooled was the largest segment with a revenue share of 65.8% in 2025.
Horizon Databook has segmented the Australia chillers market based on air-cooled, water-cooled covering the revenue growth of each sub-segment from 2021 to 2033.
Australian agriculture industry has been playing significant contribution to the country’s GDP by exporting food items, beverages, dairy products, and other agricultural produce. According to the data published by Australian Bureau of Statistics in September 2023, the production of beef has been growing significantly from September 2021.
The total beef produced in tons has reached 567.6 tons from 478.0 tons. The chillers are used in the food industry to froze the meat produced, thereby improves its shelf life. Hence, with the growth in the food & agricultural industry, the demand for chillers is likely to increase over the forecast period.
Furthermore, the hospital and healthcare construction facilities in Australia observes positive growth. For example, the Queen Elizabeth Hospital Redevelopment Plan with an estimated investment of USD 221 Million. The construction of the project is anticipated to be complete in 2024.
- Australia Chillers Market Product Outlook (Revenue, USD Million , 2021-2033)
- Air-Cooled
- Water-Cooled
- Australia Chillers Market Compressor Type Outlook (Revenue, USD Million , 2021-2033)
- Absorption Chillers
- Scroll Chillers
- Screw Chillers
- Centrifugal Chillers
- Reciprocating Chillers
- Australia Chillers Market Application Outlook (Revenue, USD Million , 2021-2033)
- Industrial
- Residential
- Commercial
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia Chillers Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Australia Chillers Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Australia Chillers Market, 2021-2033 (US$M)
Australia chillers market statistics, by product, 2021-2033 (US$M)
