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Absorption chillers have gained widespread adoption as compared to traditional chillers in industrial sector due to their capability to integrate cogeneration systems and function with industrial waste heat streams. The absorption chillers market is growing rapidly due to the rising adoption of absorption chillers in industrial sector and the increase in demand for refrigeration across other processing industries. There are different types of absorption chillers based on different technology and absorber type. Also, this absorption chillers offer several benefits as compared to conventional chillers such as low noise levels, better efficiency, and low maintenance costs. These factors are expected to boost the demand for absorption chillers across the globe.

Market Dynamics

One of the major factors that is expected to boost the demand for absorption chillers is growing awareness for energy conservation, therefore taking initiatives to develop energy-efficient scroll and absorption chillers. Moreover, growing adoption of solar-powered absorption chillers in different end-use industries and increasing deployment of engines and turbines are the major factors that are expected to drive the demand for absorption chillers market globally.

Market Taxonomy

This report segments the global absorption chillers market on the basis of technology, printer type, and end-use industry. On the basis of technology, the global absorption chillers market is segmented into single stage and double stage. On the basis of absorber type, the market is segmented into lithium bromide and ammonia. On the basis of application, the market is segmented into non-industrial and industrial. The industrial sub-segment is further segmented into chemical, food & beverage, petroleum, power, paper & pulp, and other industries. On the basis of power source, the market is segmented into direct fired, indirect fired, and water driven.

Key features of the study:

  • This report provides an in-depth analysis of the global absorption chillers market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global absorption chillers market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Broad Air Conditioning Co. Ltd., Thermax Inc., Carrier Corporation, Shuangliang Eco-Energy Systems Co. Ltd., Kawasaki Thermal Engineering Co., Ltd., Hyundai Climate Control Co., Ltd., Johnson Controls, Inc., Robur Corporation, Yazaki Corporation, EAW Energieanlagenbau GmbH, and Trane Inc.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
  • The global absorption chillers market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global absorption chillers market

Detailed Segmentation:

  •  Global Absorption Chillers Market, By Technology:
    • Single Stage
    •  Double Stage
  •  Global Absorption Chillers Market, By Absorber Type:
    • Lithium Bromide
    •  Ammonia  
  •  Global Absorption Chillers Market, By Application:
    • Non-industrial
    • Industrial
      • Chemicals
      • Food & beverage
      • Petroleum
      • Power
      • Pulp & Paper
      • Other Industries
  • Global Absorption Chillers Market, By Power Source:
    • Direct Fired
    • Indirect Fired
    • Water Driven
  • Company Profiles
    • Broad Air Conditioning Co. Ltd. *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Thermax Inc.
    • Carrier Corporation
    • Shuangliang Eco-Energy Systems Co. Ltd.
    • Kawasaki Thermal Engineering Co., Ltd.
    • Hyundai Climate Control Co., Ltd.
    • Johnson Controls, Inc.
    • Robur Corporation
    • Yazaki Corporation
    • EAW Energieanlagenbau GmbH
    • Trane Inc.

*Browse all the market data tables and figures on "Global Absorption Chillers Market - Forecast to 2027”

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Technology
      • Market Snippet, By Absorber Type
      • Market Snippet, By Application
      • Market Snippet, By Power Source
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Merger and Acquisitions
      • New Product Launch/Approvals
      • Value Chain Analysis
      • Porter’s Analysis
      • PEST Analysis
  4. Global Absorption Chillers Market, By Technology, 2017-2027  (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Single Stage
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Double Stage
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
  5. Global Absorption Chillers Market, By Absorber Type, 2017-2027  (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Lithium Bromide
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Ammonia
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
  6. Global Absorption Chillers Market, By Application, 2017-2027  (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Non-industrial
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Industrial
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
      • Chemicals
      • Food & beverage
      • Petroleum
      • Power
      • Pulp & Paper
      • Other Industries
  7. Global Absorption Chillers Market, By Power Source, 2017-2027  (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Direct Fired
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Indirect Fired
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Water Driven
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
  8. Global Absorption Chillers Market, By Region, 2017-2027  (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Technology, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Absorber Type, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Application, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Power Source, 2019–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Technology, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Absorber Type, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Application, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Power Source, 2019–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.K.
        • Germany
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Technology, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Absorber Type, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Application, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Power Source, 2019–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Technology, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Absorber Type, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Application, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Power Source, 2019–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East and Africa
      • Regional Trends
      • Market Size and Forecast, By Technology, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Absorber Type, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Application, 2019–2027 (US$ Million)
      • Market Size and Forecast, By Power Source, 2019–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • Israel
        • GCC Countries
        • South Africa
        • Rest of the Middle East and Africa
  9. Competitive Landscape
    • Company Profiles
      • Broad Air Conditioning Co. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Thermax Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Carrier Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Shuangliang Eco-Energy Systems Co. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Kawasaki Thermal Engineering Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Hyundai Climate Control Co., Ltd.,
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Johnson Controls, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Robur Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Yazaki Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • EAW Energieanlagenbau GmbH
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Trane Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
    • Analyst Views
  10. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse market data tables and figures on "Absorption Chillers Market - Global forecast to 2027”.

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