2016 chiller market in Latin America

Overall, the Latin American chiller market is now around USD 300 million, accounting for about 4% of the world chiller market.
Overall, the Latin American chiller market is now around  USD 300 million, accounting for about 4% of the world chiller market.

Despite the location of major markets close to the equator, it is relatively small chiller market with industrial chiller usage accounting for a large percentage.

The four most important chiller markets in this geographical area, Brazil, Mexico, Argentina, and Chile, account for about 90% of the total Latin American chiller market.

The major players in the Latin American chiller market are primarily Carrier, Trane, daikin, and Hitachi, with some Korean and Chinese brands beginning to enter the market.

Source: JARN