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Chiller Market in Europe to Grow by USD 950.1 MIllion from 2025-2029, Rising Demand for Frozen Food to Drive Growth, Report on Market Evolution Powered by AI – Technavio

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NEW YORK, Feb. 14, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The chiller market in Europe and it is set to grow by USD 950.1 million from 2025 to 2029. However, the growth momentum will progressing at a CAGR of 5.5% during the forecast period, according to Technavio. The chiller market in Europe is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market.  Carrier Global Corp., Daikin Industries Ltd., Danfoss AS, FlaktGroup Holding GmbH, Haier Smart Home Co. Ltd., Honeywell International Inc., Ingersoll Rand Inc., Johnson Controls International Plc, Kaltra GmbH, Kirloskar Group, LG Corp., MIDEA Group Co. Ltd., Mitsubishi Electric Corp., Modine Manufacturing Co., Nortek, Panasonic Holdings Corp., Regal Rexnord Corp., Samsung Electronics Co. Ltd., Systemair AB, and Trane Technologies Plc are some of the major market participants -. To know about the vendor offerings – Request a sample report

Chiller Market in Europe 2025-2029: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The chiller market in europe report covers the following areas:

Chiller Market in Europe SizeChiller Market in Europe TrendsChiller Market in Europe Industry AnalysisPorter’s Five Forces AnalysisCustomer Landscape

The chiller market in Europe is fragmented, and the degree of fragmentation will accelerate. The growing demand for frozen food will offer immense growth opportunities. However, the High initial investment costs of chillers will hamper the market growth

Chiller Market in Europe 2025-2029: Drivers & Challenges

The chiller market comprises of various compressor types, including scroll and centrifugal compressors. The demand for chillers is driven by several factors. One significant driver is the increasing need for air conditioning and refrigeration systems in various industries such as healthcare, data centers, and manufacturing. Another driver is the growing trend towards energy efficiency and sustainability, leading to the adoption of advanced chiller technologies like variable frequency drives and absorption chillers. Additionally, the expansion of commercial and residential buildings in urban areas is fueling the market growth. The market also caters to the replacement demand due to the aging infrastructure of existing chillers. Overall, the chiller market is expected to grow steadily due to these key drivers.

The chiller market faces several challenges in the compression and cooling industry. Compressors and chillers are essential components in this sector. The demand for energy-efficient and cost-effective solutions is increasing. The use of advanced technologies like scroll compressors and centrifugal compressors is becoming common. However, the high initial investment and maintenance costs are significant barriers. The need for regular servicing and the availability of skilled labor are other challenges. Additionally, the increasing demand for renewable energy integration and the implementation of stringent regulations add to the complexity. The market requires innovative solutions to address these challenges and ensure sustainable growth.

To learn more about the global trends impacting the future of market research, download a PDF sample

Segment Overview 

This chiller market in Europe report extensively covers market segmentation by  

Product TypeWater Cooled ChillerAir Cooled ChillerTypeScrew ChillersScroll ChillersCentrifugal ChillersOthersGeographyEurope

1.1 Water cooled chiller-  Water-cooled chillers offer superior heat removal efficiency compared to air-cooled systems. Their use of water as a heat transfer medium results in more effective cooling, particularly in high ambient temperatures. These compact units produce lower noise levels, making them ideal for space-constrained installations and noise-sensitive applications. Water’s higher heat transfer capabilities lead to better cooling rates and potential energy savings. Daikin Industries Ltd.’s water-cooled chillers deliver quality, efficiency, and energy savings for various applications, including air conditioning, industrial process cooling, and district heat source systems. The advantages of water-cooled chillers will fuel market growth in Europe during the forecast period.

To learn more, request a FREE sample

Chiller Market in Europe 2025-2029: Key Highlights

CAGR of the market during the forecast period 2025-2029Detailed information on factors that will assist chiller market in Europe growth during the next five yearsEstimation of the chiller market in Europe size and its contribution to the parent marketPredictions on upcoming trends and changes in consumer behaviorThe growth of the chiller market in Europe across EuropeAnalysis of the market’s competitive landscape and detailed information on vendorsComprehensive details of factors that will challenge the growth of chiller market in Europe vendors

Chiller Market In Europe Scope

Report Coverage

Details

Base year

2024

Historic period

2017-2021

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 5.5%

Market growth 2025-2029

USD 950.1 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

5.1

Regional analysis

Europe

Performing market contribution

Europe at 100%

Key countries

Germany, France, UK, Italy, and Rest of Europe

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Carrier Global Corp., Daikin Industries Ltd., Danfoss AS, FlaktGroup Holding GmbH, Haier Smart Home Co. Ltd., Honeywell International Inc., Ingersoll Rand Inc., Johnson Controls International Plc, Kaltra GmbH, Kirloskar Group, LG Corp., MIDEA Group Co. Ltd., Mitsubishi Electric Corp., Modine Manufacturing Co., Nortek, Panasonic Holdings Corp., Regal Rexnord Corp., Samsung Electronics Co. Ltd., Systemair AB, and Trane Technologies Plc

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About US
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Creality K3 Now Available at $849, Making Multi-Color 3D Printing More Practical

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Creality’s four-nozzle flagship moves from pre-order to official U.S. availability, bringing faster color changes and greater creative flexibility to everyday 3D printing.

HOUSTON, Nov. 3, 2026 /PRNewswire/ — Creality today announced the official U.S. availability of the K3, its latest flagship K Series 3D printer, starting at $849. Following its pre-order debut in October, the K3 is now available for purchase, with shipments of the first pre-orders having begun on November 2.

Recognized as an IFA Innovation Awards 2026 Honoree, the K3 introduces a four-nozzle system designed to make multi-color printing faster, less wasteful, and more practical for everyday creative projects.

Making Multi-Color Printing Easier and Faster

From detailed figures and personalized gifts to decorative pieces and functional designs, color can make a significant difference in how a 3D-printed project comes together. Conventional multi-color printing often comes with a setback: more colors mean more time spent switching filaments and more material discarded along the way.

The K3 takes a different approach. Its KliTek™ four-nozzle system keeps different filaments ready in independent channels, allowing the printer to switch between nozzles in approximately 5 seconds while reducing the repeated purging required by conventional single-nozzle systems.

In Creality’s internal testing, this approach shortened total print times by up to 80% and reduced material waste by up to 85% compared with conventional single-nozzle multi-color workflows.

For makers, this means less time and filament spent on color changes, whether creating a personalized gift, a detailed display piece, or a batch of matching designs.

More Room for More Creative Possibilities

Beyond multi-color printing, the K3 is designed to grow with makers as their projects become more ambitious.

With optional accessories, its four-nozzle architecture supports different nozzle sizes within a single print, allowing users to combine finer surface details with more efficient internal structures. This gives makers greater flexibility to balance appearance, precision, and printing time without having to choose a single nozzle size for an entire project.

The K3 also offers an expandable path into multi-material printing. An optional top cover enables the use of engineering materials, while a dedicated TPU Kit expands compatibility to softer flexible filaments and soluble support materials. These options open up possibilities for projects that combine different material properties or require more complex structures.

U.S. Availability and Launch Offer

The Creality K3 is now available in the United States, starting at $849. Shipments of the first pre-orders began on November 2.

To celebrate the official launch, customers purchasing the K3 through November 30 will receive four complimentary rolls of Hyper PLA filament. Orders placed through Creality’s official online store during the promotional period also qualify for free shipping.

European availability is expected in December 2026.

For more information or to purchase, visit the Creality K3 official product page.

Performance figures are based on Creality’s internal testing. Actual results may vary depending on materials, models, and printing conditions. Advanced multi-material and mixed-nozzle capabilities require optional accessories sold separately.

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SOURCE Creality

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Epic Seven’s New Server “Foundry” Goes Live to Celebrate Official Steam Launch

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Official Steam Launch on Oct 29, Long-term positive synergy anticipated from a new influx of players and improved accessibilityNew server “Foundry” launches with various events to help players settle in quicklySpecial Side Story “Secret Rabbit Hole” Available From Oct 29 to Dec 10

SEOUL, South Korea, Nov. 3, 2026 /PRNewswire/ — On Tuesday the 3rd, Smilegate announced that its mobile turn-based strategic RPG “Epic Seven,” developed by Super Creative, has officially launched on Steam on the 29th and also opened a new server, “Foundry”.

The Steam launch is part of a platform expansion reflecting the needs of global players. With Epic Seven now available on Steam, the world’s largest gaming platform, long-term positive synergy is expected from a new influx of players and improved accessibility. Furthermore, the Steam server introduces exclusive new features, such as controller support.

The new “Foundry” server, launched alongside the Steam service, can be accessed not only through Steam but also via the STOVE PC Client and mobile devices. For players starting Epic Seven for the first time, the new server will operate with independent matchmaking for PvP content for a limited time.

Additionally, various events will be held on the new server to help players settle in quickly. A Settlement Support Buff Event, which began on the 29th, provides various effects to accelerate Hero and account growth, along with daily free Hero summons. There will also be bountiful rewards provided, including various Equipment, growth materials, and Hero Skins, when players log in or play through content.

Global player response has also been highly positive, with over 100,000 players participating in the Steam Wishlist Event that began in August.

Meanwhile, Epic Seven will release a Special Side Story, “Secret Rabbit Hole,” from October 29 to December 10. The greatest Bunny detective, Bunny Girl Great Detective Moro, alongside her sidekick, Alencia, will investigate various incidents to stop a plot detected during a victory celebration party, uncovering the hidden truth behind the case along the way. Players can earn three pieces of Level 88 Equipment by progressing through the story and will receive a special Pet upon collecting all three new Bunny Girl characters and two skins. Additional rewards, such as Charms and Emojis, can also be earned through the concurrent “Trusty Sidekick Alencia’s Case Files” and “Lucky Board Party!” events.

For more information on Epic Seven, visit the official community and the official YouTube channel.

View original content to download multimedia:https://www.prnewswire.com/news-releases/epic-sevens-new-server-foundry-goes-live-to-celebrate-official-steam-launch-302927352.html

SOURCE Smilegate

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Benzinga Expands Support for AI-Powered Financial Innovation Through Growing Data Ecosystem

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DETROIT, Nov. 3, 2026 /PRNewswire/ — Benzinga, a leading provider of real-time financial news and market intelligence, today highlighted its continued commitment to supporting the rapidly growing ecosystem of AI-powered financial applications, with tradeInsightAI among the latest platforms leveraging Benzinga content to enhance market intelligence and decision-making.

As artificial intelligence reshapes how investors, analysts, and institutions consume information, demand for trusted, real-time financial data continues to grow. Through its APIs and data licensing solutions, Benzinga provides the news, corporate communications, and market intelligence that power a growing range of AI-driven products and workflows across the financial industry.

The relationship with tradeInsightAI reflects a broader trend of AI-native companies incorporating high-quality financial data into their platforms to generate insights, identify market-moving developments, and help users navigate increasingly complex information environments. By integrating Benzinga’s real-time financial news and corporate communications content, tradeInsightAI is further strengthening its AI-powered analysis capabilities and expanding the intelligence available to its users.

Benzinga’s data ecosystem supports a wide variety of AI use cases, including market research, event detection, workflow automation, portfolio intelligence, sentiment analysis, and real-time decision support. By delivering structured, machine-readable content through flexible APIs and licensing solutions, Benzinga enables developers, financial institutions, and technology providers to build innovative applications on a foundation of trusted market intelligence.

“AI is rapidly transforming financial markets, and we’re seeing incredible innovation from companies building the next generation of investment and intelligence tools,” said Emily Goldvekht, Account Manager at Benzinga. “tradeInsightAI is a great example of how firms are using AI to turn complex market information into actionable insights. At Benzinga, we’re proud to provide the real-time data and content that help power these emerging technologies.”

“tradeInsightAI replaces endless financial market dashboards and fragmented data feeds with pure inference, a single intelligence layer for real-time market clarity,” said Al Vinjamur, Founder and CEO of tradeInsightAI. “By combining Benzinga’s premium reporting with our domain-aware AI and quantitative pipelines, we turn information overload into edge. With upcoming pilots at some of the world’s largest banks and hedge funds, we’re defining the future of market intelligence.”

As financial institutions continue exploring artificial intelligence to improve research, analysis, and decision-making, Benzinga remains focused on delivering the trusted market intelligence that helps power the next generation of financial technology. Through its expanding network of AI-driven customers and partners, the company is helping accelerate innovation across the broader financial ecosystem.

About Benzinga

Benzinga is a leading financial media and data technology company that empowers investors with high-quality, real-time market intelligence. Through its news platform, APIs, and data products, Benzinga provides traders, financial institutions, and fintech platforms with the insights they need to make smarter investment decisions. From breaking news and analyst ratings to corporate events and alternative datasets, Benzinga’s tools help market participants stay ahead of the information that drives price movement.

To learn more, visit www.benzinga.com/apis/.

About tradeInsightAI

tradeInsightAI is a real time AI-powered financial intelligence platform that triangulates high-resolution market data, news, and alternative datasets to deliver total situational awareness for traders. Founded by a known ex-quantitative portfolio manager at one of the largest hedge funds in the world, market microstructure and AI engineers, the company’s mission is to clarify the deluge of financial information by bridging the gap between fragmented market noise and actionable understanding. tradeInsightAI’s Agentic Market Inference Engine (AMIE) unifies auction dynamics, market structure, news, social media chatter, prediction markets, filings and more through a full-stack AI engine built from the ground up to detect market shifts.

To learn more, visit https://tradeinsight.ai.

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SOURCE Benzinga

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