The Italy chiller market size reached around USD 285.25 Million in 2024. The market is projected to grow at a CAGR of 3.10% between 2025 and 2034 to reach nearly USD 387.09 Million by 2034. The market growth can be attributed to the growing demand for water-cooled chillers, the robust growth of the chemicals sector, increasing bioplastics production, technological advancements, and the increasing emphasis on sustainability.
Base Year
Historical Period
Forecast Period
Chemical production processes require a controlled and stable temperature environment to maintain the quality of products and prevent accidents or product degradation. Italy is the third-largest chemical producer in Europe and boasted a production value of EUR 67 billion as of 2024. With increasing chemical production, the demand for specialised chillers made with corrosion-resistant materials and explosion-proof features that are tailored to the specific needs of different chemicals is rising.
Bioplastics manufacturing requires industrial chillers that maintain the optimal temperature through various production stages such as polymerisation, moulding and extrusion, and drying and cooling. In 2022, Italy produced 127 kilotonnes of bioplastics. As the bioplastics sector in Italy grows, the demand for modular chillers that can be easily scaled depending on the fluctuating production volume is increasing.
Data centres require large-scale cooling, including chillers, to manage heat loads generated by servers and IT infrastructure. Hence, the expansion of data centre infrastructure is creating lucrative Italy chiller market opportunities. For instance, in February 2025, Eni partnered with UAE’s MGX and G42 to develop up to 1GW of data centres in Italy.
Compound Annual Growth Rate
3.1%
Value in USD Million
2025-2034
Italy Chiller Market Outlook
*this image is indicative*
|
Italy Chiller Market Report Summary |
Description |
Value |
|
Base Year |
USD Million |
2024 |
|
Historical period |
USD Million |
2018-2024 |
|
Forecast Period |
USD Million |
2025-2034 |
|
Market Size 2024 |
USD Million |
285.25 |
|
Market Size 2034 |
USD Million |
387.09 |
|
CAGR 2018-2024 |
Percentage |
XX% |
|
CAGR 2025-2034 |
Percentage |
3.10% |
|
CAGR 2025-2034 - Market by Compressor Type |
Screw Chillers |
3.6% |
|
CAGR 2025-2034 - Market by Compressor Type |
Reciprocating Chillers |
2.9% |
|
CAGR 2025-2034 - Market by Type of Cooling |
Water Cooled |
2.6% |
|
CAGR 2025-2034 - Market by End Use |
Plastics |
2.8% |
|
Market Share by Compressor Type 2024 |
Scroll Chillers |
35.8% |
In 2023, Italy’s textile and fashion industry witnessed a year-on-year growth of 3%. As energy prices decline and the demand for cashmere, alpaca, and woollen fabrics increase globally, the Italy textile and fashion industry is expected to witness further growth, driving the demand for absorption chillers in the country. Absorption chillers lack electric compressors, which reduces the emission of noise and the costs of electricity. They also rely on low global warming potential (GWP) refrigerants for their functioning. Within the textile industry, chillers are crucial for ensuring that dye finishings adhere to the clothes and damage to the fabric is prevented.
The growth of artificial intelligence and gen AI has led to an increase in the volume of power-dense hardware within data centres. This has necessitated the integration of liquid cooling technologies into data centres to minimise latency between various compute resources and boost capacity. Through direct-to-chip technology, cool water is circulated directly to heat-producing electrical components to reduce their temperature, lower electricity costs, and enhance the operational efficiency of data centres. Immersion cooling is another option to bring down the heat within power-intensive data centres, whereby a server is submerged into a non-conductive liquid. The proliferation of edge computing and the rise in security mechanisms within data centres are expected to accelerate the Italy chiller market development in the coming years.
The Italy chiller market expansion is being driven by growing adoption of hybrid chillers; rising demand for district cooling systems; increasing trend of sustainability; and technological advancements.
Hybrid chillers, combining two or more cooling technologies, are gaining significant traction as they optimise energy usage, reduce operational costs, and adapt to varying conditions, which is crucial in sectors such as data centres, manufacturing, and commercial buildings.
The growing demand for district cooling systems is boosting the Italy chiller market revenue. District cooling systems require large-scale cooling solutions, such as chillers, that can handle the cooling needs of multiple buildings or entire districts.
With a rising focus on sustainability and the introduction of stringent government regulations promoting decarbonisation, the demand for chillers integrated with improved compressors, variable speed drives (VSD), and advanced heat exchangers to optimise energy usage is increasing. Moreover, there is a growing adoption of natural refrigerants like ammonia, CO2, and hydrocarbons as an alternative to traditional HFCs.
The integration of the Internet of things (IoT) in chiller systems to enable operators to detect inefficiencies, optimise energy usage, facilitate predictive maintenance, and automatically adjust the performance based on environmental conditions and cooling demand. Moreover, the growing popularity of AI-based chillers that can automatically adjust their performance based on environmental conditions and real-time demand is aiding the market.
Technological advancements are enabling the integration of renewable energy sources (solar, wind, and geothermal) into chiller systems to provide energy for cooling, reduce carbon footprint of the cooling process, and lower dependence on conventional energy sources. Moreover, chillers equipped with smart controls are increasingly integrated with Building Management Systems (BMS) to manage heating, cooling, lighting, and other functions of buildings.
Key players in the Italy chiller market are adopting green manufacturing practices such as adopting sustainable materials, reducing waste, and minimising energy usage during the production process. There is also a rising focus on recycling chiller components like aluminium, copper, and steel to support the circular economy model.
The EMR’s report titled “Italy Chiller Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Breakup by Type of Cooling
Breakup by Compression Type
Breakup by End Use
Based on end use, the market is segmented into plastics, food and beverage, chemicals and petrochemicals, and medical and pharmaceutical, among others. The medical and pharmaceutical sector is projected to grow at a CAGR of 3.6% during the forecast period of 2025-2034. Chillers are vital in transporting and storing temperature-sensitive medical goods, such as biologicals and vaccines, among others. They also play an important role in regulating temperature during different stages of pharmaceutical manufacturing like cooling of reactors and refrigeration of raw materials.
As per the Italy chiller market analysis, the plastics sector is estimated to grow at a CAGR of 2.8% between 2025 and 2034 amid the requirement for controlled temperatures in the processing and manufacturing of plastic materials. In this sector, chillers play an integral role in various processes, such as extrusion, injection moulding, and blow moulding, by offering precise temperature control.
|
CAGR 2025-2034 - Market by |
End Use |
|
Plastics |
2.8% |
|
Food and Beverage |
XX% |
|
Chemicals and Petrochemicals |
XX% |
|
Others |
XX% |
|
Medical and Pharmaceutical |
3.6% |
Key Italy chiller market players are focusing on offering high-efficiency chillers to industries that require precise temperature control to ensure optimal product quality. They are also integrating eco-friendly features such as heat recovery systems in chillers to reduce overall energy consumption and align with the country’s energy efficiency goals.
Trane Technologies Plc, headquartered in Dublin, Ireland, and founded in 1885, is a global innovator in climate solutions and offers sustainable and efficient climate solutions to homes, buildings, and transportation services. Its leading brands include Thermo King® and Trane®, which create energy-efficient and comfortable indoor environments.
Established in 1902, Carrier Global Corp. is a leader in intelligent energy and climate solutions. Headquartered in Florida, United States, the company has more than 35 brands and achieved net sales of USD 22.5 billion in 2024.
Midea Group Co. Ltd., founded in 1968 and headquartered in Guangdong, China, is a pioneer in the smart home industry. Boasting an employee base of over 190,000, the company has more than 80,000 granted patents.
Founded in 1918, Panasonic Holdings Corp. is a company that sells and develops heating and ventilation solutions, electronic appliances, and electrical equipment. Headquartered in Osaka, Japan, the company has around 90,000 employees, and its sales amounted to JPY 3,494.4 billion in 2023.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other major players in the Italy chiller market are Daikin Industries Ltd., LG Corp., Johnson Controls International Plc, Aermec S.p.A, Mitsubishi Electric Corporation, and HYDAC International GmbH, among others.
Upto 15% Off
USD
$2499 $2249
$3999 $3599
$4999 $4249
$5999 $5099
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
In 2024, the market attained a value of nearly USD 285.25 Million.
The market is assessed to grow at a CAGR of 3.10% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach about USD 387.09 Million by 2034.
The major trends in the market include the growing focus on sustainability and rising demand for chillers in the plastics sector.
As per the EMR report, the different types of cooling of chillers are air cooled and water cooled.
The different end uses of chillers include food and beverage, chemicals and petrochemicals, medical and pharmaceutical, and plastics, among others.
The major players in the market are Daikin Industries Ltd., Carrier Global Corp., LG Corp., Johnson Controls International Plc, Trane Technologies Plc, Aermec S.p.A, Panasonic Holdings Corp., Mitsubishi Electric Corporation, Midea Group Co. Ltd., and HYDAC International GmbH, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type of Cooling |
|
| Breakup by Compressor Type |
|
| Breakup by End Use |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
