Nic_Joms (7)

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Absorption Chillers Market Forecasts From 2018 To
2023
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DESCRIPTION Absorption chillers market was valued
at US959.571 million in 2017 and is projected to
expand at a CAGR of 4.53 over the forecast
period to reach US1,252.081 million by 2023.
Absorption Chillers are cooling solutions that
operate on thermal power instead of mechanical
power. The demand for absorption chillers market
is expected to grow on account of increasing
adoption across various industries such as
pharmaceuticals, food and beverages, textile,
power and energy, chemical and petrochemicals,
and  others. Falling electicity prices and
increasing investments in infrastructure projects
across fast growing economies is expected to
drive the demand for these chillers over the
projected period. High cost associated with the
maintenance and low efficiency as compared to the
substitutes are some of the challenges to the
large-scale adoption of these solutions during
2017 to 2023.
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• Key Questions Answered By The Report
• What will be Absorption Chillers Market from 2019
  to 2024?
• How are the major drivers and restraints
  affecting the Absorption Chillers Market
• growth and the opportunities which exist for key
  vendors?
• Which segment and region will drive or lead the
  market growth and why?
• A comprehensive analysis of competitive landscape
  and key market participants behavior
• Key strategies being adopted by vendors, with
  in-depth analysis along with their impact on
  competition and market growth

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Geography
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Geography
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Geography
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• Segments Covered Under Global Storage Market
• By Type
• Steam Absorption Chillers
• Hot water Absorption Chillers
• Direct-Fired Absorption Chillers
• Indirect-Fired Absorption Chillers
• By Technology
• Single-Effect
• Double-Effect
• Triple-Effect
• By End User
• Industrial
• Commercial
• Residenti

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COMPANY PROFILES

• Johnson Controls-Hitachi Air Conditioning
• Thermax Global
• Trane
• Carrier Corporation
• Helioclim

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Chillers Market   Forecasts from 2018 to
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