South Africa Chillers Market Size & Outlook, 2026-2033
Global Market
Related Markets
South Africa chillers market highlights
- The South Africa chillers market generated a revenue of USD 120.4 million in 2025 and is expected to reach USD 179.5 million by 2033.
- The South Africa market is expected to grow at a CAGR of 5.5% 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 120.4 million |
| Market revenue in 2033 | USD 179.5 million |
| Growth rate | 5.5% (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, South Africa accounted for 1.1% of the global chillers market in 2025.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Middle East & Africa, Saudi Arabia chillers market is projected to lead the regional market in terms of revenue in 2033.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 406.5 million by 2033.
South Africa has by far the most advanced, fruitful, and varied agricultural industry in all of Africa. Due to its highly developed agricultural industry, hence exporting agricultural produce and food items across the globe. In March 2023, the Conversation, a network of nonprofit media outlets reported that, South African exports pertaining to the agricultural sector has been growing from 2019.
The major export crops are maize, citrus fruits, apples, avocados, and berries. Also, beef exports witnessed growth in last year and the overall agricultural export reached to USD 12.8 billion in 2022, a rise by 4% from previous year.
To improve the shelf life of these perishable agricultural produce, there is a need for effective cold storage and transport systems. Chillers offer cost-effective solutions to these problems pertaining to cold supply chain effectiveness, and hence their demand is likely to increase over the forecast period.
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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/ |
South Africa 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 64.12% in 2025.
Horizon Databook has segmented the South Africa chillers market based on air-cooled, water-cooled covering the revenue growth of each sub-segment from 2021 to 2033.
South Africa has by far the most advanced, fruitful, and varied agricultural industry in all of Africa. Due to its highly developed agricultural industry, hence exporting agricultural produce and food items across the globe. In March 2023, the Conversation, a network of nonprofit media outlets reported that, South African exports pertaining to the agricultural sector has been growing from 2019.
The major export crops are maize, citrus fruits, apples, avocados, and berries. Also, beef exports witnessed growth in last year and the overall agricultural export reached to USD 12.8 billion in 2022, a rise by 4% from previous year.
To improve the shelf life of these perishable agricultural produce, there is a need for effective cold storage and transport systems. Chillers offer cost-effective solutions to these problems pertaining to cold supply chain effectiveness, and hence their demand is likely to increase over the forecast period.
- South Africa Chillers Market Product Outlook (Revenue, USD Million , 2021-2033)
- Air-Cooled
- Water-Cooled
- South Africa Chillers Market Compressor Type Outlook (Revenue, USD Million , 2021-2033)
- Absorption Chillers
- Scroll Chillers
- Screw Chillers
- Centrifugal Chillers
- Reciprocating Chillers
- South Africa 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 South Africa Chillers Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Africa Chillers Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
South Africa Chillers Market, 2021-2033 (US$M)
South Africa chillers market statistics, by product, 2021-2033 (US$M)
