ShareWorld chiller market.
The world demand declined in 2015.
According to BSRIA, world chiller demand in 2015 came to USD 7.7 billion, a decline of 6.9% over 2014 due in part to economic slowdowns in China and emerging countries.
China is the largest market (USD 2.4 billion) and its chiller demand dropped by 13.9% over 2014. Demand in Europe also decreased by 12.4% to USD 1.3 billion. In the US, which has posted moderate economic recovery, 2015 chiller demand came to USD 1.1 billion (+9.0%).
China is the largest market (USD 2.4 billion) and its chiller demand dropped by 13.9% over 2014. Demand in Europe also decreased by 12.4% to USD 1.3 billion. In the US, which has posted moderate economic recovery, 2015 chiller demand came to USD 1.1 billion (+9.0%).