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. Absorption chiller are primarily classified on the basis of type of absorber used. These are lithium- bromide and ammonia based absorption chiller. Absorption chiller are available in several configurations catering to the specific industry requirement. These can be categorized into direct-fired, steam-fired, hot water fired, and indirect fired absorption chiller.
Increasing demand for renewable source 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. Further, government push towards utilization of eco-friendly energy producing equipment is expected to increase the adoption in the near future. However, high initial cost of installation and end-user want of technical knowledge may restrain the growth of the market.
The objectives of this report are as follows:
-To provide overview of the global Absorption Chiller market
-To analyze and forecast the global Absorption Chiller market on the basis of technology, absorber type, power source, and application.
-To provide market size and forecast till 2027 for overall Absorption Chiller market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC) , Middle East and Africa (MEA) , and South America (SAM) , which are later sub-segmented across respective major countries.
-To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.
-To provide exhaustive PEST analysis for all five regions.
-To profiles key Absorption Chiller players influencing the market along with their SWOT analysis and market strategies.
Some of the important players in Absorption Chiller market are Broad Air Conditioning Co. Ltd., Carrier Corporation, EAW Energieanlagenbau GmbH, Hyundai Climate Control Co., Ltd., Robur Corporation, Trane Inc., Yazaki Corporation, Johnson Controls, Inc., Kawasaki Thermal Engineering Co., Ltd. , and Thermax Inc.
1 Introduction
1.1 Scope of Study
1.2 The Insight Partners Research Report Guidance
2 Key Takeaways
3 Absorption Chiller Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Absorption Chiller Market - By Technology
3.2.2 Absorption Chiller Market - By Absorber Type
3.2.3 Absorption Chiller Market - By Power Source
3.2.4 Absorption Chiller Market - By Application
3.2.5 Absorption Chiller Market - By Region
3.2.5.1 By Countries
3.3 PEST Analysis
3.3.1 North America - PEST Analysis
3.3.2 Europe - PEST Analysis
3.3.3 Asia Pacific - PEST Analysis
3.3.4 Middle East and Africa - PEST Analysis
3.3.5 South America - PEST Analysis
4 Absorption Chiller Market - Key Industry Dynamics
4.1 Impact Analysis
4.2 Key Market Drivers
4.3 Key Market Restraints
4.4 Key Market Opportunities
4.5 Future Trends
5 Absorption Chiller Market Analysis- Global
5.1 Global Absorption Chiller Market Overview
5.2 Global Absorption Chiller Market forecast and analysis to 2027 (US$ Mn)
6 Absorption Chiller Market Revenue and Forecasts to 2027 - Technology
6.1 Overview
6.2 Single-stage
6.2.1 Overview
6.2.2 Single-stage Market forecast and analysis to 2027 (US$ Mn)
6.3 Double-stage
6.3.1 Overview
6.3.2 Double-stage Market forecast and analysis to 2027 (US$ Mn)
7 Absorption Chiller Market Revenue and Forecasts to 2027 - Absorber Type
7.1 Overview
7.2 Lithium Bromide
7.2.1 Overview
7.2.2 Lithium Bromide Market forecast and analysis to 2027 (US$ Mn)
7.3 Ammonia
7.3.1 Overview
7.3.2 Ammonia Market forecast and analysis to 2027 (US$ Mn)
8 Absorption Chiller Market Revenue and Forecasts to 2027 - Power Source
8.1 Overview
8.2 Direct Fired
8.2.1 Direct Fired Market forecast and analysis to 2027 (US$ Mn)
8.3 Indirect Fired
8.3.1 Overview
8.3.2 Indirect Fired Market forecast and analysis to 2027 (US$ Mn)
8.4 Water Driven
8.4.1 Overview
8.4.2 Water Driven Market forecast and analysis to 2027 (US$ Mn)
9 Absorption Chiller Market Revenue and Forecasts to 2027 - Application
9.1 Overview
9.2 Non-industrial (Commercial & Residential)
9.2.1 Non-industrial (Commercial & Residential) Market forecast and analysis to 2027 (US$ Mn)
9.3 Industrial
9.3.1 Overview
9.3.2 Industrial Market forecast and analysis to 2027 (US$ Mn)
9.3.2.1 Petroleum Market forecast and analysis to 2027 (US$ Mn)
9.3.2.2 Food & Beverages Market forecast and analysis to 2027 (US$ Mn)
9.3.2.3 Power Market forecast and analysis to 2027 (US$ Mn)
9.3.2.4 Chemicals Market forecast and analysis to 2027 (US$ Mn)
9.3.2.5 Pulp & Paper Market forecast and analysis to 2027 (US$ Mn)
9.3.2.6 Other Industries Market forecast and analysis to 2027 (US$ Mn)
10 Absorption Chiller Market Revenue and Forecasts to 2027 - Geographical Analysis
10.1 North America
10.1.1 North America Absorption Chiller Market overview
10.1.2 North America Absorption Chiller Market forecast and analysis to 2027 (US$ Mn)
10.1.2.1 North America Market forecast and analysis to 2027 (US$ Mn) - By Countries
10.1.2.1.1 US market
10.1.2.1.2 Canada market
10.1.2.1.3 Mexico market
10.1.2.2 North America Market forecast and analysis to 2027 (US$ Mn) - By Technology
10.1.2.3 North America Market forecast and analysis to 2027 (US$ Mn) - By Absorber Type
10.1.2.4 North America Market forecast and analysis to 2027 (US$ Mn) - By Power Source
10.1.2.5 North America Market forecast and analysis to 2027 (US$ Mn) - By Application
10.2 Europe
10.2.1 Europe Absorption Chiller Market overview
10.2.2 Europe Absorption Chiller Market forecast and analysis to 2027 (US$ Mn)
10.2.2.1 Europe Market forecast and analysis to 2027 (US$ Mn) - By Countries
10.2.2.1.1 France market
10.2.2.1.2 Germany market
10.2.2.1.3 Italy market
10.2.2.1.4 Spain market
10.2.2.1.5 UK market
10.2.2.2 Europe Market forecast and analysis to 2027 (US$ Mn) - By Technology
10.2.2.3 Europe Market forecast and analysis to 2027 (US$ Mn) - By Absorber Type
10.2.2.4 Europe Market forecast and analysis to 2027 (US$ Mn) - By Power Source
10.2.2.5 Europe Market forecast and analysis to 2027 (US$ Mn) - By Application
10.3 Asia pacific (APAC)
10.3.1 Asia Pacific Absorption Chiller Market overview
10.3.2 Asia Pacific Absorption Chiller Market forecast and analysis to 2027 (US$ Mn)
10.3.2.1 Asia Pacific Market forecast and analysis to 2027 (US$ Mn) - By Countries
10.3.2.1.1 Australia market
10.3.2.1.2 China market
10.3.2.1.3 India market
10.3.2.1.4 Japan market
10.3.2.2 Asia Pacific Market forecast and analysis to 2027 (US$ Mn) - By Technology
10.3.2.3 Asia Pacific Market forecast and analysis to 2027 (US$ Mn) - By Absorber Type
10.3.2.4 Asia Pacific Market forecast and analysis to 2027 (US$ Mn) - By Power Source
10.3.2.5 Asia Pacific Market forecast and analysis to 2027 (US$ Mn) - By Application
10.4 Middle East and Africa (MEA)
10.4.1 Middle East and Africa Absorption Chiller Market overview
10.4.2 Middle East and Africa Absorption Chiller Market forecast and analysis to 2027 (US$ Mn)
10.4.2.1 Middle East and Africa Market forecast and analysis to 2027 (US$ Mn) - By Countries
10.4.2.1.1 South Africa market
10.4.2.1.2 Saudi Arabia market
10.4.2.1.3 UAE market
10.4.2.2 Middle East and Africa Market forecast and analysis to 2027 (US$ Mn) - By Technology
10.4.2.3 Middle East and Africa Market forecast and analysis to 2027 (US$ Mn) - By Absorber Type
10.4.2.4 Middle East and Africa Market forecast and analysis to 2027 (US$ Mn) - By Power Source
10.4.2.5 Middle East and Africa Market forecast and analysis to 2027 (US$ Mn) - By Application
10.5 South America (SAM)
10.5.1 South America Absorption Chiller Market overview
10.5.2 South America Absorption Chiller Market forecast and analysis to 2027 (US$ Mn)
10.5.2.1 South America Market forecast and analysis to 2027 (US$ Mn) - By Technology
10.5.2.2 South America Market forecast and analysis to 2027 (US$ Mn) - By Absorber Type
10.5.2.3 South America Market forecast and analysis to 2027 (US$ Mn) - By Power Source
10.5.2.4 South America Market forecast and analysis to 2027 (US$ Mn) - By Application
11 Industry Landscape
11.1 Mergers & acquisitions
11.2 Market Initiatives
11.3 New developments
11.4 Investment scenarios
12 Competitive Landscape
12.1 Competitive Product mapping
12.2 Market Positioning (Top 10 players Ranking)
13 Absorption Chiller Market, Key Company Profiles
13.1 Carrier Corporation
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Financial Overview
13.1.4 SWOT Analysis
13.1.5 Key Developments
13.2 EAW Energieanlagenbau GmbH
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Financial Overview
13.2.4 SWOT Analysis
13.2.5 Key Developments
13.3 Hyundai Climate Control Co., Ltd.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Financial Overview
13.3.4 SWOT Analysis
13.3.5 Key Developments
13.4 Robur Corporation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Financial Overview
13.4.4 SWOT Analysis
13.4.5 Key Developments
13.5 Trane Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Financial Overview
13.5.4 SWOT Analysis
13.5.5 Key Developments
13.6 Yazaki Corporation
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Financial Overview
13.6.4 SWOT Analysis
13.6.5 Key Developments
13.7 Johnson Controls, Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Financial Overview
13.7.4 SWOT Analysis
13.7.5 Key Developments
13.8 Kawasaki Thermal Engineering Co., Ltd.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Financial Overview
13.8.4 SWOT Analysis
13.8.5 Key Developments
13.9 Thermax Inc.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Financial Overview
13.9.4 SWOT Analysis
13.9.5 Key Developments
13.10 Broad Air Conditioning Co. Ltd.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Financial Overview
13.10.4 SWOT Analysis
13.10.5 Key Developments
14 Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
14.3 Research Methodology
Companies Mentioned
1. Broad Air Conditioning Co. Ltd.
2. Carrier Corporation
3. EAW Energieanlagenbau GmbH
4. Hyundai Climate Control Co., Ltd.
5. Robur Corporation
6. Trane Inc.
7. Yazaki Corporation
8. Johnson Controls, Inc.
9. Kawasaki Thermal Engineering Co., Ltd.
10. Thermax Inc.
