Chillers are a key component of commercial HVAC systems. Of course, like all parts of the commercial HVAC business, this past year proved challenging. Overall, demand softened, but some segments saw considerable strength. Meanwhile, trends in technology and refrigerants are moving the segment forward. Gaurang Pandya, president of Carrier Commercial HVAC, said that all commercial segments were down in the mid to high single-digit range last year. However, air-cooled chillers had the smallest dip and seem to also be recovering the quickest. "With better news on the horizon, we believe the demand for all types of new chiller equipment will grow throughout 2021," Pandya said.
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