EXECUTIVE ENGAGEMENTS
OUTREACH
INTERACTIONS
PARTICIPANTS
VALIDATIONS
COMPETITORS
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DATE
APR 2021
TABLES
36
PAGES
95
EDITION
15
PRICE
USD $5600
HIGHLIGHTS
SELECT PLAYERS
Carrier Corporation; Century Corporation; CNIM Group; Colibri-bv; EAW Energieanlagenbau GmbH; Ebara Refrigeration Equipment & Systems Co., Ltd.; Hitachi Appliances Inc.; Johnson Controls; LG Electronics; Robur SpA; Shuangliang Eco-Energy Systems Co., Ltd.; Thermax Limited; Trane Inc.; Yazaki Energy Systems Inc.
SEGMENTS
» Segment (Absorption Chillers)
GEOGRAPHIES
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa
TABLE OF CONTENTS
I. METHODOLOGY |
II. EXECUTIVE SUMMARY |
1. MARKET OVERVIEW |
Influencer Market Insights |
World Market Trajectories |
Absorption Chillers: Providing Eco-friendly and Useful Cooling through Re-use of Low Temperature Waste Energy |
Recent Market Activity |
The Urgent Need to Replace Compressor-Based Cooling Systems Drive Widespread Adoption |
Absorption Chillers Superiority over Traditional Compression Chillers |
Market Fortunes Intrinsically Tied to the Overall Chillers Market Dynamics |
Global Market Outlook |
Asia-Pacific Continues to Dominate the Global Market, Also Offers Significant Growth Opportunities |
Continued Recovery in Global GDP & Manufacturing PMI Signals Optimistic Outlook |
Despite Slowdown in Economic Growth, China Continues to Dominate Global Sales of Absorption Chillers |
Impact of Covid-19 and a Looming Global Recession |
2. FOCUS ON SELECT PLAYERS |
Broad Air Conditioning Co., Ltd. (China) |
Carrier Corporation (USA) |
Century Corporation (Korea) |
CNIM Group (France) |
Colibri-bv (The Netherlands) |
EAW Energieanlagenbau GmbH (Germany) |
Ebara Refrigeration Equipment & Systems Co., Ltd. (Japan) |
Hitachi Appliances, Inc. (Japan) |
Johnson Controls International Plc (Ireland) |
LG Electronics (Korea) |
Shuangliang Eco-Energy Systems Co., Ltd. (China) |
Robur S.p.A. (Italy) |
Thermax Limited (India) |
Thermax Inc. (USA) |
Trane Inc. (USA) |
Worldenergy Absorption Chillers Europe Ltd. (Ireland/Korea) |
Yazaki Energy Systems Inc. (USA) |
3. MARKET TRENDS & DRIVERS |
Focus on Achieving Energy Efficiencies Make Absorption Chillers the Perfect Candidate for CHP/Cogeneration Systems |
Lower Operational Costs and Better Power Reliability Spur Demand for Absorption Chiller Based CHP in Data Centers |
Growth Drivers |
Growth Restraints |
Steady Demand from Various End-use Applications Drive Healthy Market Growth for Absorption Chillers |
Sophisticated Technologies for Absorption Chillers Improve Maintainability, Efficiency, and Flexibility |
Absorption Chillers Provide a ‘Green’ Strategy for Various Industries |
Growing Adoption of Trigeneration and Quattrogeneration Technologies Benefit Market Expansion |
Lithium Bromide Absorption Chillers: Preferred Cooling Solution for Trigeneration Systems |
Rise in Electricity Usage for Industrial, Commercial, and Residential Cooling Drives Demand for the Energy-Efficient Absorption Chillers |
Environmental Concerns Drive Business Case for Absorption Chillers |
Kyoto Protocol Implementation Augurs Well for Solar & Waste Heat Powered Chillers |
Indirect Fired Absorption Chillers: The Best Bet for Environmental Cause |
Favorable Government Initiatives & Regulatory Measures Lends Traction to Market Adoption |
Surging Energy Consumption Propels Demand for Absorption Chillers |
Focus on Reducing Energy Costs Bodes Well for Absorption Chillers |
Urbanization: A Mega Trend Spurring Demand for Cooling Solutions |
Industry Promotional & Marketing Efforts Benefit the Market |
Demonstration Projects: A Launch Pad for Absorption Chillers |
Training and Marketing Initiatives to Foster Awareness Levels |
Other initiatives |
Key Concerns & Challenges Hampering Market Prospects for Absorption Chillers |
Stiff Competition from Popular Chiller Categories |
Robust Increase in Sales of Centrifugal Chillers |
Lack of Awareness |
High Cost |
Less Efficient in Comparison with Mechanical Chillers |
Low Thermal Efficiency of Single Effect Systems |
Requirement of Higher Pump Energy |
Necessitates Larger Cooling Tower |
Risks Due to Air Leaks |
Crystallization |
High Costs of Manufacturing |
Other Concerns |
INNOVATIONS & ADVANCEMENTS |
Two-Step E/A Technology Enhance Performance of Single Effect and Double Effect Absorption Chillers |
Smart Chillers: A Key Enabler of Connected Buildings |
Biomass-Powered Thermochiller |
Small Size Ammonia Water Absorption Chillers with Higher COP |
Water-Cooled Technology Lowers Operational Costs |
Triple-Effect Absorption Chillers: An Upcoming Technology |
Modular Micro-Channel Chillers Provide Significant Energy Savings |
Compact Absorption Chillers |
4. GLOBAL MARKET PERSPECTIVE |
World Current & Future Analysis for Absorption Chillers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR |
World 7-Year Perspective for Absorption Chillers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2020 & 2027 |
III. MARKET ANALYSIS |
UNITED STATES |
USA Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
CANADA |
Canada Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
JAPAN |
Japan Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
CHINA |
China Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
EUROPE |
Europe Current & Future Analysis for Absorption Chillers by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR |
Europe 7-Year Perspective for Absorption Chillers by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2020 & 2027 |
FRANCE |
France Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
GERMANY |
Germany Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
ITALY |
Italy Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
UNITED KINGDOM |
UK Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
SPAIN |
Spain Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
RUSSIA |
Russia Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
REST OF EUROPE |
Rest of Europe Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
ASIA-PACIFIC |
Asia-Pacific Current & Future Analysis for Absorption Chillers by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR |
Asia-Pacific 7-Year Perspective for Absorption Chillers by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2020 & 2027 |
AUSTRALIA |
Australia Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
INDIA |
India Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
SOUTH KOREA |
South Korea Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
REST OF ASIA-PACIFIC |
Rest of Asia-Pacific Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
LATIN AMERICA |
Latin America Current & Future Analysis for Absorption Chillers by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR |
Latin America 7-Year Perspective for Absorption Chillers by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2020 & 2027 |
ARGENTINA |
Argentina Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
BRAZIL |
Brazil Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
MEXICO |
Mexico Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
REST OF LATIN AMERICA |
Rest of Latin America Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
MIDDLE EAST |
Middle East Current & Future Analysis for Absorption Chillers by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR |
Middle East 7-Year Perspective for Absorption Chillers by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2020 & 2027 |
IRAN |
Iran Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
ISRAEL |
Israel Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
SAUDI ARABIA |
Saudi Arabia Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
UNITED ARAB EMIRATES |
UAE Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
REST OF MIDDLE EAST |
Rest of Middle East Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
AFRICA |
Africa Current & Future Analysis for Absorption Chillers by Segment - Absorption Chillers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
IV. COMPETITION |
Total Companies Profiled: 29 |
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