Global Absorption Chillers Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2021

  • ID:PD000462
  • October 2018
  • Value Market Research
                          

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 2014 to 2021. 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.
 
Drivers

  • Lower operating cost owing to gas based cooling system
  • Inaudible and vibration-free operation of refrigerator
  • Lower maintenance cost over long run
 
Restraints
  • High installation cost
 
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 2015 to 2021. Each type has been further analyzed based on regional and country levels from 2014 to 2021 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 2015 to 2021. Each technology has been further analyzed based on regional and country levels from 2014 to 2021 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 2015 to 2021. Each application has been further analyzed based on regional and country levels from 2014 to 2021 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.
 
METHODOLOGY:
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
  • Hot Water Fired Chillers
  • Steam Fired Chillers
  • Natural Gas Fired Chillers
  • Exhaust Gas Chillers
 
Absorption Chillers By Technology
  • Single Effect Absorption Chillers
  • Double Effect Absorption Chillers
  • Triple Effect Absorption Chillers
 
Absorption Chillers By Application
  • Refrigeration
  • Chemicals
  • Geothermal Appliances
  • Freezing And Food Canning
  • Oil And Petroleum
  • Others
 
Absorption Chillers By Geography:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East And Africa

 

Capstone and MultiChill Announce Strategic Partnership to Deliver Air-Cooled Absorption Chillers and Water Making Systems
Capstone Turbine Corporation, the world's leading clean technology manufacturer of microturbine energy systems announced a strategic partnership with MultiChill Technologies, Inc., so as to Capstone to deliver air-cooled absorption chillers and water making systems to end users in conjunction with its flagship C30 and C65 microturbines. The MultiGen system utilizes waste exhaust gas heat to provide cooling capabilities for combined cooling, heating and power (CCHP) applications, enabling Capstone's C30 and C65 microturbines to achieve up to 90 percent efficiency.
http://www.capstoneturbine.com/news/press-releases/detail/3455/capstone-and-multichill-announce-strategic-partnership-to
 
UAE’s first-ever steam absorption chiller installation in a power plant inaugurated at DUBAL
Dubai Aluminium, DUBAL, the entirely state-owned corporation that owns and operates the world’s largest primary aluminium smelter using pre-bake anode technology,   has leveraged a nominal volume of the steam produced by the captive cogeneration and combined cycle DUBAL Power Station to drive the UAE’s first-ever absorption chiller using waste heat; and the first such application in a power plant. Built on the rooftop of DUBAL’s Desalination Plant Control Building, the new absorption chiller has assumed the functions formerly fulfilled by the electrically-driven vapour compression air-conditioning chillers used for comfort cooling of the building.  The absorption chiller uses high vacuum conditions to lower the boiling point of water to 3.7˚C, versus 100˚C at atmospheric pressure, while leveraging the chemical affinity of Lithium Bromide (LiBR) to absorb water. In DUBAL, steam generated from waste energy was utilized. Heating causes the solution to release the absorbed water vapour, which is then cooled in a separate chamber to become a liquid refrigerant, in the form of chilled water, through condensation. The process uses just 40 per cent of the electricity consumed by the conventional electrically-driven chillers and uses a nominal 0.6 tonnes of steam per hour to produce sufficient cooling for the same purpose.
http://www.albawaba.com/business/pr/dubal-power-plant-480920
 

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  • Market Data Sheet With All Tables And Graphs
  • Mini Report
  • Market Analysis
    • Drivers
    • Restraints
    • SWOT Analysis
    • Patent Analysis
  • Application Analysis
  • Product Analysis
  • Geography Analysis
  • Company Analysis
  • Competitive Landscape
  • Location Of Plants
  • Company Profiles
 

1. INTRODUCTION TO THE ABSORPTION CHILLERS MARKET
 
2. EXECUTIVE SUMMARY
 
3. MARKET ANALYSIS OF ABSORPTION CHILLERS
 
4. ABSORPTION CHILLERS MARKET ANALYSIS BY TYPES

  • Hot Water Fired Chillers
  • Steam Fired Chillers
  • Natural Gas Fired Chillers
  • Exhaust Gas Chillers
 
5. ABSORPTION CHILLERS MARKET ANALYSIS BY TECHNOLOGY
  • Single Effect Absorption Chillers
  • Double Effect Absorption Chillers
  • Triple Effect Absorption Chillers
 
6. ABSORPTION CHILLERS MARKET ANALYSIS BY APPLICATION
  • Refrigeration
  • Chemicals
  • Geothermal Appliances
  • Freezing And Food Canning
  • Oil And Petroleum
  • Others
 
7. ABSORPTION CHILLERS MARKET ANALYSIS BY REGION
  • Asia Pacific
  • North America
  • Europe
  • Latin America
  • Middle East And Africa
 
8. COMPETITIVE LANDSCAPE OF ABSORPTION CHILLERS COMPANIES
 
9. COMPANY PROFILES OF ABSORPTION CHILLERS INDUSTRY
  • 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.
  • Yazaki Energy Systems Inc.
 
* Tentative TOC 

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