Absorption chillers are refrigerant that employ heat energy intended for cooling purpose. They are used in commercial and industrial refrigeration. Its components include generator, evaporator, condenser, and the absorber. It constitutes lithium bromide-water (LiBr/H2O) and ammonia - water to meet refrigeration application. North America and Europe is the largest market for absorption chillers followed by Asia Pacific.
This report examines the global absorption chillers market and provides information regarding the revenue (USD Million) for the period 2018 to 2025. It further elaborates the market drivers which contribute to the growth. It then describes the restraints that are faced by the market. The market is classified into various segments with deep analysis of each segment for the study period.
- Lower operating cost owing to gas based cooling system
- Inaudible and vibration-free operation of refrigerator
- Lower maintenance cost over long run
Report includes a detailed analysis on value chain in order to provide a holistic view of the absorption chillers market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the absorption chillers industry, from raw material suppliers to end-users.
Absorption chillers market attractiveness analysis has been included in order to analyze the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, availability of raw materials, competition, and other factors such as social and legal constraints.
The absorption chillers market has further been segmented based on type such as hot water fired chillers, steam fired chillers, natural gas fired chillers and exhaust gas chillers. The study provides forecast and estimates market for each type in terms of revenue and volume during the forecast period from 2018 to 2025. Each type has been further analyzed based on regional and country levels from 2018 to 2025 in terms of volume and revenue.
The absorption chillers market has further been segmented based on technology such as single effect absorption chillers, double effect absorption chillers, and triple effect absorption chillers. The study provides forecast and estimates market for each technology in terms of revenue and volume during the forecast period from 2018 to 2025. Each technology has been further analyzed based on regional and country levels from 2018 to 2025 in terms of volume and revenue.
The absorption chillers market has been segmented based on applications such as refrigeration, chemicals, geothermal appliances, freezing and food canning, oil and petroleum and others. The study provides forecast and estimates market for each application in terms of revenue and volume during the forecast period from 2018 to 2025. Each application has been further analyzed based on regional and country levels from 2018 to 2025 in terms of volume and revenue.
In terms of geography, the absorption chillers market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
The report also offers a competitive landscape of the overall market with company profiles of players such as Broad Air Conditioning Co Ltd., Carrier Corporation, Century Corporation, EAW Energieanlagenbau GmbH, Hitachi Appliances Inc., Johnson Controls Inc., LG Air Conditioning (Shandong) Co., Ltd., Robur Corporation, Shuangliang Eco-Energy Systems Co. Ltd., Thermax Ltd., Trane Inc. and Yazaki Energy Systems Inc. A detailed description of the each company has been included and includes information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments provides a thorough idea about the competitive positioning of market players. The report also provides absorption chillers market's mergers/acquisitions, partnerships, collaborations, new product lunches, new product developments and other industry developments.
Combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific Details on methodology used for this report can be provided on demand.
SEGMENTATIONS IN REPORT:
Absorption Chillers By Types
Absorption Chillers By Technology
- Hot Water Fired Chillers
- Steam Fired Chillers
- Natural Gas Fired Chillers
- Exhaust Gas Chillers
Absorption Chillers By Application
- Single Effect Absorption Chillers
- Double Effect Absorption Chillers
- Triple Effect Absorption Chillers
Absorption Chillers By Geography:
- Geothermal Appliances
- Freezing And Food Canning
- Oil And Petroleum
- North America
- Asia Pacific
- Latin America
- Middle East And Africa