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2.10 AUSTRALIA
2017/11/26
Australia’s economy is largely affected by the Chinese economy and market prices of raw materials. Its GDP in 2016 recorded a 2.52% increase, up from 2.41% in 2015.
 
According to BSRIA, Australia’s chiller market size has been contracting for two consecutive years starting in 2015. The centrifugal chiller segment, which dominated with nearly one half of the total chiller market, decreased by 16.3% from 2015, down to US$ 30.5 million in 2016.
 
Air-cooled types account for around 80% of the chiller market in Australia thanks to the dry cli-mate. Large-capacity chillers come in water-cooled types. Japanese manufacturers are making moves to offer air-cooled modular scroll chillers for large applications in the market.
 
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