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Chillers in the US Procurement Price, Data and Insights
Chillers are machines that remove heat from liquids, which can be circulated through pipes to provide cool air distributed throughout a structure. Chillers are typically used with other heating, ventilation, and air conditioning (HVAC) equipment to regulate the temperature in large buildings. Buyers of chillers include hospitals, data centers, and manufacturing plants. Sellers of chillers include Industrial manufacturers and wholesalers.
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What’s included in this market coverage
IBISWorld's research coverage on the Chillers procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Chillers market in the United States includes Water-Cooled Chillers, Evaporative Condensed Chillers and Air-Cooled Chillers. Standard coding in this coverage includes HS-8415-Air Conditioning Machines; Comprising A Motor Driven Fan And Elements For Changing The Temperature And Humidity, Including Those Machines In Which The Humidity Cannot Be Separately Regulated, ISIC-2819-Manufacture of other general-purpose machinery, NACE-28.25-Manufacture Of Non-Domestic Cooling And Ventilation Equipment, NAICS-333415-Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing and UNSPSC-40101700-Cooling equipment and parts and accessories.
What common market terminology is included?
Common market terminology included in the Chillers procurement coverage includes British Thermal Unit (BTU) (The amount of heat required to increase the temperature of one pound of water by one degree, measured in Fahrenheit.), Partial-Load Efficiency (The measurement in kilowatts per ton (kW/ton) of the efficiency of a chiller at partial capacity. Typically assessed at 100%, 75.0%, 50.0% and 25.0% capacity.), Full-Load Efficiency (The measurement in kilowatts per ton (kW/ton) of the efficiency of a chiller at maximum capacity.), Compressor (A component of a condenser that controls the pressure at which the chiller's heat exchanger moves the refrigerant through the chiller.) and Condenser (An HVAC unit (i.e. air conditioning unit or heat pump) consisting of a compressor, fan and condensing coil to circulate and condition air.).
What companies are included as top suppliers?
The top companies covered in the Chillers procurement report as suppliers are Legacy Chiller Systems Inc., Aaon, Inc., Nibe Industrier Ab, Danfoss A and Petra Engineering Industries Co..
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Chillers market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per ton cost of a water-cooled chiller with a TR capacity between 50 to 600, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Chillers market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Chillers procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Chillers market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Chillers market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Chillers?
The 2026 benchmark market price for Chillers is $483 per ton cost of a water-cooled chiller with a TR capacity between 50 to 600. Prices have increased at a CAGR of 1.2 from 2023-26.
Who are the top vendors in the Chillers market?
The top vendors in the Chillers market include Legacy Chiller Systems Inc., Aaon, Inc., Nibe Industrier Ab, Danfoss A and Petra Engineering Industries Co..
What industries supply the Chillers market?
The top industries supplying the Chillers market are Aluminum Manufacturing in the US, Molybdenum & Metal Ore Mining in the US, Iron & Steel Manufacturing in the US, Iron Ore Mining in the US, Plastic Products Miscellaneous Manufacturing in the US and Plastic & Resin Manufacturing in the US.
What is the supply chain risk for Chillers?
Moderate vendor financial risk requires diversified sourcing and closer monitoring of supplier stability. Vendors in the chiller market face moderate financial risk due to fluctuating input costs and tariff-driven uncertainty, creating uneven resilience across suppliers. While widespread market exits are unlikely, some vendors may experience margin pressure or delivery challenges during periods of volatility. Buyers should strengthen financial due diligence, avoid overreliance on single suppliers, and build dual sourcing strategies to ensure continuity of service, parts availability, and long-term support for installed equipment.
What factors affect the price of Chillers?
Larger-capacity chillers often command higher prices due to their ability to handle increased cooling loads. Buyers should expect a premium for chillers designed for extensive applications, such as industrial-scale or high-demand environments, reflecting their greater performance and operational scope.
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