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

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
  • Single-Effect Chillers
  • Triple-Effect Chillers
  • Power Source

    Direct Fired
  • Indirect Fired
  • Water Driven
  • Component

    Compressor
  • Condenser
  • Evaporator
  • Expansion Valve
  • Industry

    Biogas
  • Brewery
  • Coal Bed Methane
  • Combined Heat & Power
  • District Energy
  • Geothermal
  • Incinerator
  • Landfill Gas
  • Petroleum & Chemical
  • Printing & Pulp Mill
  • Solar
  • Region

    Americas

    Argentina
  • Brazil
  • Canada
  • Mexico
  • United States

    California
  • Florida
  • Illinois
  • New York
  • Ohio
  • Pennsylvania
  • Texas
  • Asia-Pacific

    Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
  • Vietnam
  • Europe, Middle East & Africa

    Denmark
  • Egypt
  • Finland
  • France
  • Germany
  • Israel
  • Italy
  • Netherlands
  • Nigeria
  • Norway
  • Poland
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • Sweden
  • Switzerland
  • Turkey
  • United Arab Emirates
  • United Kingdom
    The report offers valuable insights on the following aspects:

    1. Market Penetration: It presents comprehensive information on the market provided by key players.
    2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
    3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
    4. 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.
    5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
    The report addresses key questions such as:

    1. What is the market size and forecast of the Absorption Chillers Market?
    2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Absorption Chillers Market?
    3. What are the technology trends and regulatory frameworks in the Absorption Chillers Market?
    4. What is the market share of the leading vendors in the Absorption Chillers Market?
    5. 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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