The growing demand for chillers from various industries and favorable government policies for manufacturing chillers boost the market growth. The emergence of smart chillers, with preventive maintenance and other unique features, positively influences the market demand. These intelligent chillers provide decreased outages, fewer disruptions, and extended equipment life. Advances in IoT technology have enabled the development of connected chillers. https://www.globenewswire.com/news-release/2023/05/24/2675251/0/en/Chillers-Market-Projected-to-Grow-at-a-CAGR-of-3-50-Reaching-USD-5-72-billion-by-Forecast-2032-Report-by-Market-Research-Future-MRFR.html

Maintenance Repair and Operations Software Market Size, Trends, Growth Factors, Regional Segment Revenue Analysis, 2021–2032 The global Maintenance, Repair, and Operations (MRO) software market size was USD 7.03 Billion in 2022 and is expected to register a revenue CAGR of 5.0% during the forecast period, according to latest analysis by Emergen Research. One of the key drivers of the MRO software market is the growing focus on asset management and maintenance optimization. Companies across industries, such as manufacturing, energy, and transportation, rely heavily on their assets and equipment to operate efficiently. MRO software provides organizations with the tools and capabilities to effectively manage their assets, schedule preventive maintenance, and track equipment performance. By implementing MRO software, companies can reduce unplanned downtime, extend the lifespan of their assets, and improve operational efficiency. For more informative information, please visit us @ https://www.emergenresearch.com/industry-report/maintenance-repair-and-operations-software-market