Increase in demand for chillers in frozen goods, is anticipated to drive the growth of the chillers. A chiller is a refrigeration system that is generally used in the industrial sector for reducing the temperature of equipment or machinery in order to dehumidify and cool the industrial space. It has become an essential Heating, Ventilation, and Air Conditioning (HVAC) component for all manufacturing plants, hospitals, hotels, restaurants, and others. Industrial chiller plays a vital role in temperature regulation in numerous industrial operation such as metal plating, food processing, injection molding, oil field production, and so on. It provides air conditioning by reducing the unnecessary heat from industrial and commercial building.