Absorption Chillers Market by Design (Double-Effect Chillers, Single-Effect Chillers, Triple-Effect Chillers), Power Source (Direct Fired, Indirect Fired, Water Driven), Component, Industry - Global Forecast 2024-2030
The Absorption Chillers Market size was estimated at USD 9.91 billion in 2023 and expected to reach USD 10.35 billion in 2024, at a CAGR 4.52% to reach USD 13.50 billion by 2030.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Absorption Chillers Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Absorption Chillers Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Absorption Chillers Market, highlighting leading vendors and their innovative profiles. These include Broad Air Conditioning Co., Ltd., Carrier Corporation, Century Corporation, Colibri BV, Daikin Industries Ltd., EAW Energieanlagenbau GmbH, Hitachi Appliances Inc., Hyundai Climate Control Co. Ltd., Johnson Controls, Inc., Kawasaki Thermal Engineering Co., Ltd., LG Corporation, Robur Corporation, Shuangliang Eco-Energy Systems Co., Ltd., Thermax, Ltd., Trane, Inc., World Energy, and Yazaki Energy Systems.
Market Segmentation & Coverage
This research report categorizes the Absorption Chillers Market to forecast the revenues and analyze trends in each of the following sub-markets:
Design
Double-Effect Chillers
Direct Fired
Compressor
Biogas
Americas
Argentina
California
Australia
Denmark
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast of the Absorption Chillers Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Absorption Chillers Market?
- What are the technology trends and regulatory frameworks in the Absorption Chillers Market?
- What is the market share of the leading vendors in the Absorption Chillers Market?
- Which modes and strategic moves are suitable for entering the Absorption Chillers Market?
Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Absorption Chillers Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing awareness and need for energy-efficient refrigeration
- 5.1.1.2. Deployment of absorption chillers across a wide range of application areas
- 5.1.2. Restraints
- 5.1.2.1. Preference for more affordable centrifugal chiller across industrial applications
- 5.1.2.2. High initial investment & maintenance
- 5.1.3. Opportunities
- 5.1.3.1. Technological advancements in absorption chillers
- 5.1.3.2. Increasing attractiveness of triple effect absorption chillers
- 5.1.4. Challenges
- 5.1.4.1. Regulations on emission of fluorinated greenhouse gases
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Absorption Chillers Market, by Design
- 6.1. Introduction
- 6.2. Double-Effect Chillers
- 6.3. Single-Effect Chillers
- 6.4. Triple-Effect Chillers
- 7. Absorption Chillers Market, by Power Source
- 7.1. Introduction
- 7.2. Direct Fired
- 7.3. Indirect Fired
- 7.4. Water Driven
- 8. Absorption Chillers Market, by Component
- 8.1. Introduction
- 8.2. Compressor
- 8.3. Condenser
- 8.4. Evaporator
- 8.5. Expansion Valve
- 9. Absorption Chillers Market, by Industry
- 9.1. Introduction
- 9.2. Biogas
- 9.3. Brewery
- 9.4. Coal Bed Methane
- 9.5. Combined Heat & Power
- 9.6. District Energy
- 9.7. Geothermal
- 9.8. Incinerator
- 9.9. Landfill Gas
- 9.10. Petroleum & Chemical
- 9.11. Printing & Pulp Mill
- 9.12. Solar
- 10. Americas Absorption Chillers Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Absorption Chillers Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Absorption Chillers Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. Broad Air Conditioning Co., Ltd.
- 14.1.2. Carrier Corporation
- 14.1.3. Century Corporation
- 14.1.4. Colibri BV
- 14.1.5. Daikin Industries Ltd.
- 14.1.6. EAW Energieanlagenbau GmbH
- 14.1.7. Hitachi Appliances Inc.
- 14.1.8. Hyundai Climate Control Co. Ltd.
- 14.1.9. Johnson Controls, Inc.
- 14.1.10. Kawasaki Thermal Engineering Co., Ltd.
- 14.1.11. LG Corporation
- 14.1.12. Robur Corporation
- 14.1.13. Shuangliang Eco-Energy Systems Co., Ltd.
- 14.1.14. Thermax, Ltd.
- 14.1.15. Trane, Inc.
- 14.1.16. World Energy
- 14.1.17. Yazaki Energy Systems
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
- FIGURE 1. ABSORPTION CHILLERS MARKET RESEARCH PROCESS
- FIGURE 2. ABSORPTION CHILLERS MARKET SIZE, 2023 VS 2030
- FIGURE 3. ABSORPTION CHILLERS MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. ABSORPTION CHILLERS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. ABSORPTION CHILLERS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. ABSORPTION CHILLERS MARKET DYNAMICS
- FIGURE 7. ABSORPTION CHILLERS MARKET SIZE, BY DESIGN, 2023 VS 2030 (%)
- FIGURE 8. ABSORPTION CHILLERS MARKET SIZE, BY DESIGN, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. ABSORPTION CHILLERS MARKET SIZE, BY POWER SOURCE, 2023 VS 2030 (%)
- FIGURE 10. ABSORPTION CHILLERS MARKET SIZE, BY POWER SOURCE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. ABSORPTION CHILLERS MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
- FIGURE 12. ABSORPTION CHILLERS MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. ABSORPTION CHILLERS MARKET SIZE, BY INDUSTRY, 2023 VS 2030 (%)
- FIGURE 14. ABSORPTION CHILLERS MARKET SIZE, BY INDUSTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. AMERICAS ABSORPTION CHILLERS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. AMERICAS ABSORPTION CHILLERS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. UNITED STATES ABSORPTION CHILLERS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 18. UNITED STATES ABSORPTION CHILLERS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. ASIA-PACIFIC ABSORPTION CHILLERS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. ASIA-PACIFIC ABSORPTION CHILLERS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. EUROPE, MIDDLE EAST & AFRICA ABSORPTION CHILLERS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. EUROPE, MIDDLE EAST & AFRICA ABSORPTION CHILLERS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. ABSORPTION CHILLERS MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 24. ABSORPTION CHILLERS MARKET SHARE, BY KEY PLAYER, 2023
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