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:
Detailed Segmentation:
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Table of Contents
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