Thai chiller market size was US$ 77.6 million in 2015, unchanged compared with 2014. The scroll chiller market decreased by 22.0% to US$ 5.5 million, which offset the stable growth of the centrifugal and screw segments.
As Thailand has abundant water resources, water-cooled chillers dominate the market. At production plants owned by foreign companies, high-end hotels, and office buildings, centrifugal chillers in the 500-ton class are mainly used. U.S. manufacturers such as York, Trane, and Carrier lead the market, especially in the centrifugal chiller segment. Dunham Bush and Chinese manufacturers are also active in the market.
Some global manufacturers, namely Trane and York, have set up joint ventures in Thailand and are aiming to expand sales by leveraging cost and lead-time advantages offered by local production.