New

Absorption Chiller Market

2021

Absorption Chiller Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Technology (Single-stage, Double-stage); Absorber Type (Lithium Bromide, Ammonia); Power Source (Direct Fired, Indirect Fired, Water Driven); Application (Industrial , Commercial , Residential) and Geography

| Report Code: TIPTE100000490 | No. of Pages: 150 | Category: Electronics and Semiconductor | Status: Upcoming

Market Insights

Absorption Chiller Market 2028 By Technology, Absorber Type, Power Source, Application and Geography | The Insight Partners

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MARKET OVERVIEW



Absorption chiller is a device used to produce chilled water with the help of heat energy instead using an electrical source used in conventional chilling devices. The device primarily finds application across industries having a lot of waste heat or solar energy to produce. Installing an absorption chiller may lead to significant cost savings in big hotels, large corporate offices, big sports stadium and major industries requiring chilled water or cooling environment.

MARKET SCOPE



The "Global Absorption Chiller Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the absorption chiller market with detailed market segmentation by technology, absorber type, power source, application, and geography. The report provides key statistics on the market status of the leading absorption chiller market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION



  • Based on technology, the global absorption chiller market is segmented into single-stage and double-stage.
  • On the basis of absorber type, the market is segmented into lithium bromide and ammonia.
  • Based on power source, the market is segmented into direct fired, indirect fired, and water driven.
  • Based on application, the market is segmented into industrial, commercial, and residential.

MARKET DYNAMICS


Drivers:



  • Increasing demand for renewable sources of energy where the primary source of energy can be utilized in an effective way is primarily driving the growth of the global absorption chiller.
  • Government push towards utilization of eco-friendly energy producing equipments is expected to increase the adoption in the near future.

Restraints:



  • High initial cost of installation may hinder the growth of the absorption chiller market.

REGIONAL FRAMEWORK



The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The absorption chiller market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the absorption chiller market in these regions.

IMPACT OF COVID-19 ON ABSORPTION CHILLER MARKET



COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS



The report covers key developments in the absorption chiller market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from absorption chiller market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the absorption chiller market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  • Thermax Ltd.
  • Kirloskar Brothers Limited
  • Century Corporation
  • Carrier Corporation
  • Coolair
  • LG
  • Trane Inc.
  • Johnson Controls Inc.
  • Hitachi
  • Yazaki Energy Systems Inc.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Absorption Chiller Market - By Technology
1.3.2 Absorption Chiller Market - By Absorber Type
1.3.3 Absorption Chiller Market - By Power Source
1.3.4 Absorption Chiller Market - By Application
1.3.5 Absorption Chiller Market - By Region
1.3.5.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. ABSORPTION CHILLER MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. ABSORPTION CHILLER MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. ABSORPTION CHILLER MARKET - GLOBAL MARKET ANALYSIS
6.1. ABSORPTION CHILLER - GLOBAL MARKET OVERVIEW
6.2. ABSORPTION CHILLER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. ABSORPTION CHILLER MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
7.1. OVERVIEW
7.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3. SINGLE-STAGE
7.3.1. Overview
7.3.2. Single-stage Market Forecast and Analysis
7.4. DOUBLE-STAGE
7.4.1. Overview
7.4.2. Double-stage Market Forecast and Analysis
8. ABSORPTION CHILLER MARKET - REVENUE AND FORECASTS TO 2028 - ABSORBER TYPE
8.1. OVERVIEW
8.2. ABSORBER TYPE MARKET FORECASTS AND ANALYSIS
8.3. LITHIUM BROMIDE
8.3.1. Overview
8.3.2. Lithium Bromide Market Forecast and Analysis
8.4. AMMONIA
8.4.1. Overview
8.4.2. Ammonia Market Forecast and Analysis
9. ABSORPTION CHILLER MARKET - REVENUE AND FORECASTS TO 2028 - POWER SOURCE
9.1. OVERVIEW
9.2. POWER SOURCE MARKET FORECASTS AND ANALYSIS
9.3. DIRECT FIRED
9.3.1. Overview
9.3.2. Direct Fired Market Forecast and Analysis
9.4. INDIRECT FIRED
9.4.1. Overview
9.4.2. Indirect Fired Market Forecast and Analysis
9.5. WATER DRIVEN
9.5.1. Overview
9.5.2. Water Driven Market Forecast and Analysis
10. ABSORPTION CHILLER MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
10.1. OVERVIEW
10.2. APPLICATION MARKET FORECASTS AND ANALYSIS
10.3. INDUSTRIAL
10.3.1. Overview
10.3.2. Industrial Market Forecast and Analysis
10.4. COMMERCIAL
10.4.1. Overview
10.4.2. Commercial Market Forecast and Analysis
10.5. RESIDENTIAL
10.5.1. Overview
10.5.2. Residential Market Forecast and Analysis

11. ABSORPTION CHILLER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Absorption Chiller Market Overview
11.1.2 North America Absorption Chiller Market Forecasts and Analysis
11.1.3 North America Absorption Chiller Market Forecasts and Analysis - By Technology
11.1.4 North America Absorption Chiller Market Forecasts and Analysis - By Absorber Type
11.1.5 North America Absorption Chiller Market Forecasts and Analysis - By Power Source
11.1.6 North America Absorption Chiller Market Forecasts and Analysis - By Application
11.1.7 North America Absorption Chiller Market Forecasts and Analysis - By Countries
11.1.7.1 United States Absorption Chiller Market
11.1.7.1.1 United States Absorption Chiller Market by Technology
11.1.7.1.2 United States Absorption Chiller Market by Absorber Type
11.1.7.1.3 United States Absorption Chiller Market by Power Source
11.1.7.1.4 United States Absorption Chiller Market by Application
11.1.7.2 Canada Absorption Chiller Market
11.1.7.2.1 Canada Absorption Chiller Market by Technology
11.1.7.2.2 Canada Absorption Chiller Market by Absorber Type
11.1.7.2.3 Canada Absorption Chiller Market by Power Source
11.1.7.2.4 Canada Absorption Chiller Market by Application
11.1.7.3 Mexico Absorption Chiller Market
11.1.7.3.1 Mexico Absorption Chiller Market by Technology
11.1.7.3.2 Mexico Absorption Chiller Market by Absorber Type
11.1.7.3.3 Mexico Absorption Chiller Market by Power Source
11.1.7.3.4 Mexico Absorption Chiller Market by Application
11.2. EUROPE
11.2.1 Europe Absorption Chiller Market Overview
11.2.2 Europe Absorption Chiller Market Forecasts and Analysis
11.2.3 Europe Absorption Chiller Market Forecasts and Analysis - By Technology
11.2.4 Europe Absorption Chiller Market Forecasts and Analysis - By Absorber Type
11.2.5 Europe Absorption Chiller Market Forecasts and Analysis - By Power Source
11.2.6 Europe Absorption Chiller Market Forecasts and Analysis - By Application
11.2.7 Europe Absorption Chiller Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Absorption Chiller Market
11.2.7.1.1 Germany Absorption Chiller Market by Technology
11.2.7.1.2 Germany Absorption Chiller Market by Absorber Type
11.2.7.1.3 Germany Absorption Chiller Market by Power Source
11.2.7.1.4 Germany Absorption Chiller Market by Application
11.2.7.2 France Absorption Chiller Market
11.2.7.2.1 France Absorption Chiller Market by Technology
11.2.7.2.2 France Absorption Chiller Market by Absorber Type
11.2.7.2.3 France Absorption Chiller Market by Power Source
11.2.7.2.4 France Absorption Chiller Market by Application
11.2.7.3 Italy Absorption Chiller Market
11.2.7.3.1 Italy Absorption Chiller Market by Technology
11.2.7.3.2 Italy Absorption Chiller Market by Absorber Type
11.2.7.3.3 Italy Absorption Chiller Market by Power Source
11.2.7.3.4 Italy Absorption Chiller Market by Application
11.2.7.4 United Kingdom Absorption Chiller Market
11.2.7.4.1 United Kingdom Absorption Chiller Market by Technology
11.2.7.4.2 United Kingdom Absorption Chiller Market by Absorber Type
11.2.7.4.3 United Kingdom Absorption Chiller Market by Power Source
11.2.7.4.4 United Kingdom Absorption Chiller Market by Application
11.2.7.5 Russia Absorption Chiller Market
11.2.7.5.1 Russia Absorption Chiller Market by Technology
11.2.7.5.2 Russia Absorption Chiller Market by Absorber Type
11.2.7.5.3 Russia Absorption Chiller Market by Power Source
11.2.7.5.4 Russia Absorption Chiller Market by Application
11.2.7.6 Rest of Europe Absorption Chiller Market
11.2.7.6.1 Rest of Europe Absorption Chiller Market by Technology
11.2.7.6.2 Rest of Europe Absorption Chiller Market by Absorber Type
11.2.7.6.3 Rest of Europe Absorption Chiller Market by Power Source
11.2.7.6.4 Rest of Europe Absorption Chiller Market by Application
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Absorption Chiller Market Overview
11.3.2 Asia-Pacific Absorption Chiller Market Forecasts and Analysis
11.3.3 Asia-Pacific Absorption Chiller Market Forecasts and Analysis - By Technology
11.3.4 Asia-Pacific Absorption Chiller Market Forecasts and Analysis - By Absorber Type
11.3.5 Asia-Pacific Absorption Chiller Market Forecasts and Analysis - By Power Source
11.3.6 Asia-Pacific Absorption Chiller Market Forecasts and Analysis - By Application
11.3.7 Asia-Pacific Absorption Chiller Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Absorption Chiller Market
11.3.7.1.1 Australia Absorption Chiller Market by Technology
11.3.7.1.2 Australia Absorption Chiller Market by Absorber Type
11.3.7.1.3 Australia Absorption Chiller Market by Power Source
11.3.7.1.4 Australia Absorption Chiller Market by Application
11.3.7.2 China Absorption Chiller Market
11.3.7.2.1 China Absorption Chiller Market by Technology
11.3.7.2.2 China Absorption Chiller Market by Absorber Type
11.3.7.2.3 China Absorption Chiller Market by Power Source
11.3.7.2.4 China Absorption Chiller Market by Application
11.3.7.3 India Absorption Chiller Market
11.3.7.3.1 India Absorption Chiller Market by Technology
11.3.7.3.2 India Absorption Chiller Market by Absorber Type
11.3.7.3.3 India Absorption Chiller Market by Power Source
11.3.7.3.4 India Absorption Chiller Market by Application
11.3.7.4 Japan Absorption Chiller Market
11.3.7.4.1 Japan Absorption Chiller Market by Technology
11.3.7.4.2 Japan Absorption Chiller Market by Absorber Type
11.3.7.4.3 Japan Absorption Chiller Market by Power Source
11.3.7.4.4 Japan Absorption Chiller Market by Application
11.3.7.5 South Korea Absorption Chiller Market
11.3.7.5.1 South Korea Absorption Chiller Market by Technology
11.3.7.5.2 South Korea Absorption Chiller Market by Absorber Type
11.3.7.5.3 South Korea Absorption Chiller Market by Power Source
11.3.7.5.4 South Korea Absorption Chiller Market by Application
11.3.7.6 Rest of Asia-Pacific Absorption Chiller Market
11.3.7.6.1 Rest of Asia-Pacific Absorption Chiller Market by Technology
11.3.7.6.2 Rest of Asia-Pacific Absorption Chiller Market by Absorber Type
11.3.7.6.3 Rest of Asia-Pacific Absorption Chiller Market by Power Source
11.3.7.6.4 Rest of Asia-Pacific Absorption Chiller Market by Application
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Absorption Chiller Market Overview
11.4.2 Middle East and Africa Absorption Chiller Market Forecasts and Analysis
11.4.3 Middle East and Africa Absorption Chiller Market Forecasts and Analysis - By Technology
11.4.4 Middle East and Africa Absorption Chiller Market Forecasts and Analysis - By Absorber Type
11.4.5 Middle East and Africa Absorption Chiller Market Forecasts and Analysis - By Power Source
11.4.6 Middle East and Africa Absorption Chiller Market Forecasts and Analysis - By Application
11.4.7 Middle East and Africa Absorption Chiller Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Absorption Chiller Market
11.4.7.1.1 South Africa Absorption Chiller Market by Technology
11.4.7.1.2 South Africa Absorption Chiller Market by Absorber Type
11.4.7.1.3 South Africa Absorption Chiller Market by Power Source
11.4.7.1.4 South Africa Absorption Chiller Market by Application
11.4.7.2 Saudi Arabia Absorption Chiller Market
11.4.7.2.1 Saudi Arabia Absorption Chiller Market by Technology
11.4.7.2.2 Saudi Arabia Absorption Chiller Market by Absorber Type
11.4.7.2.3 Saudi Arabia Absorption Chiller Market by Power Source
11.4.7.2.4 Saudi Arabia Absorption Chiller Market by Application
11.4.7.3 U.A.E Absorption Chiller Market
11.4.7.3.1 U.A.E Absorption Chiller Market by Technology
11.4.7.3.2 U.A.E Absorption Chiller Market by Absorber Type
11.4.7.3.3 U.A.E Absorption Chiller Market by Power Source
11.4.7.3.4 U.A.E Absorption Chiller Market by Application
11.4.7.4 Rest of Middle East and Africa Absorption Chiller Market
11.4.7.4.1 Rest of Middle East and Africa Absorption Chiller Market by Technology
11.4.7.4.2 Rest of Middle East and Africa Absorption Chiller Market by Absorber Type
11.4.7.4.3 Rest of Middle East and Africa Absorption Chiller Market by Power Source
11.4.7.4.4 Rest of Middle East and Africa Absorption Chiller Market by Application
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Absorption Chiller Market Overview
11.5.2 South and Central America Absorption Chiller Market Forecasts and Analysis
11.5.3 South and Central America Absorption Chiller Market Forecasts and Analysis - By Technology
11.5.4 South and Central America Absorption Chiller Market Forecasts and Analysis - By Absorber Type
11.5.5 South and Central America Absorption Chiller Market Forecasts and Analysis - By Power Source
11.5.6 South and Central America Absorption Chiller Market Forecasts and Analysis - By Application
11.5.7 South and Central America Absorption Chiller Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Absorption Chiller Market
11.5.7.1.1 Brazil Absorption Chiller Market by Technology
11.5.7.1.2 Brazil Absorption Chiller Market by Absorber Type
11.5.7.1.3 Brazil Absorption Chiller Market by Power Source
11.5.7.1.4 Brazil Absorption Chiller Market by Application
11.5.7.2 Argentina Absorption Chiller Market
11.5.7.2.1 Argentina Absorption Chiller Market by Technology
11.5.7.2.2 Argentina Absorption Chiller Market by Absorber Type
11.5.7.2.3 Argentina Absorption Chiller Market by Power Source
11.5.7.2.4 Argentina Absorption Chiller Market by Application
11.5.7.3 Rest of South and Central America Absorption Chiller Market
11.5.7.3.1 Rest of South and Central America Absorption Chiller Market by Technology
11.5.7.3.2 Rest of South and Central America Absorption Chiller Market by Absorber Type
11.5.7.3.3 Rest of South and Central America Absorption Chiller Market by Power Source
11.5.7.3.4 Rest of South and Central America Absorption Chiller Market by Application

12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

13. ABSORPTION CHILLER MARKET, KEY COMPANY PROFILES
13.1. THERMAX LTD.
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. KIRLOSKAR BROTHERS LIMITED
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. CENTURY CORPORATION
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. CARRIER CORPORATION
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. COOLAIR
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. LG
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. TRANE INC.
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. JOHNSON CONTROLS INC.
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. HITACHI
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. YAZAKI ENERGY SYSTEMS INC.
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments

14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
The List of Companies

1. Thermax Ltd.
2. Kirloskar Brothers Limited
3. Century Corporation
4. Carrier Corporation
5. Coolair
6. LG
7. Trane Inc.
8. Johnson Controls Inc.
9. Hitachi
10. Yazaki Energy Systems Inc.
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