Introduction
Absorption Chillers Market was valued at USD X.X Billion in 2018 and is projected to reach USD X.X billion by 2025, at a CAGR of X.X % from 2019-2025. These chillers use a refrigerant with low boiling points such as ammonia and lithium bromide. There are three phases of the chilling cycle namely evaporation, absorption and regeneration. Absorption chillers are used in domestic, commercial as well as industrial sector.
Currently, the world absorption chillers market is at a growing juncture due to increasing popularity of these cost effective cooling systems. Major drivers acting in the world absorption chillers market include various attributes such as inaudible and vibration free operation along with low maintenance and operational costs.
Geographical Overview
At a global level, North America region was holding the highest market share in 2018. Whereas, Asia Pacific region is considered as the fastest growing region with key players adopting expansion strategy in this region to gain maximum market share in the coming years. China and India are offering ample opportunities for the growth of Absorption Chillers Market with its high population base. the market is segmented into domestic, industrial and commercial. Geographically, the world absorption chillers market is divided into North America, Europe, Asia-Pacific and LAMEA.
Segmental Overview
Absorption Chillers Market is segmented as per below specifications -
By Product Type:
• Ammonia
• Lithium Bromide
By Consumption:
• Food Storage
• Air Conditioning
By Distribution Channel:
• Domestic
• Commercial
• Industrial
Competitor Analysis
Absorption Chillers Market has presence of some of the key major players across globe which includes
• Carrier Corporation
• Thermax Ltd.
• Kirloskar Pneumatic Co. Ltd.
• Century Corporation
• EAW Energieanlagenbau GmbH
• Hitachi Appliances Inc.
• Yazaki Energy Systems Inc.
• MultiChill Technologies Inc.
These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies.
By Geographical Locations:
• North America
o U.S.
o Canada
• Europe
o U.K.
o France
o Italy
o Germany
o Spain
o Russia & CIS
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o South Korea
o ASEAN
o Rest of Asia Pacific
• Latin America
o Brazil
o Argentina
o Rest of LATAM
• Middle East & Africa
o UAE
o South Africa
o Rest of MEA
Highlights of the report
What is Absorption Chillers Market?
Who all are key market players in the industry?
How the Parent Industry is growing?
Where are the key opportunities for new market entrant?
A comprehensive analysis, which covers key growth factors across the value chain
Recent developments in market
Granular Market Segmentation
Market size projection based on Historical & current market trends
Market share analysis and key strategies adopted by leading Players
Production Cost & Sensitivity Analysis
Country Level Market Analysis of Top 16 countries
Data Driven Decision Recommendations
Chapter 1 Research Objective
1.1 Need of the Research Report
1.2 Client Objectives
1.3 Offered Solutions
Chapter 2 Recommendations
2.1 Executive Summary
2.1.1 Market Overview
2.1.2 Competitive Insights
2.1.3 Segmental Analysis
2.1.4 Geographical Market Details
2.2 Lead Generation
2.3 Consultant
2.4 Return on Investment
Chapter 3 Research Methodology
3.1 Chromatus Database
3.2 Paid Sources
3.3 Primary Data Collection
3.3.1 Email Surveys
3.3.2 Telephonic Interviews
3.3.3 Face to Face Interviews
3.4 Secondary Data Collection
3.4.1 Annual Reports
3.4.2 Government Publications
3.4.3 Trade Data
3.4.4 Association Data
3.4.5 Research Papers/ Blogs/ News Articles
3.5 Expert Advisory Panel
3.6 Data Analytics Model
Chapter 4 Absorption Chillers Market Overview
4.1 Parent Market Overview
4.2 Patent Analysis
4.3 PESTEL Analysis
4.3.1 Political
4.3.2 Economical
4.3.3 Social
4.3.4 Technological
4.3.5 Legal
4.4 SWOT Analysis
4.4.1 Strengths
4.4.2 Weakness
4.4.3 Opportunities
4.4.4 Threats
4.5 Regulations
4.6 Value Chain/ Supply Chain Analysis
4.7 Procurement & Vendor Analysis
4.8 Porters Five Analysis
4.8.1 Threat of new entrants
4.8.2 Bargaining power of suppliers
4.8.3 Bargaining power of buyers
4.8.4 Threat of substitutes
4.8.5 Competitive rivalry
Chapter 5 Regional Analysis Global Absorption Chillers Market Estimation and Forecast, 2017 - 2025 (USD Billion)
5.1 North America Market
5.1.1 U.S.
5.1.1 Canada
5.2 Europe Market
5.2.1 UK
5.2.2 Germany
5.2.3 France
5.2.4 Spain
5.2.5 Italy
5.2.6 Russia & CIS
5.2.7 Rest of Europe
5.3 Asia Pacific Market
5.3.1 China
5.3.2 Japan
5.3.3 India
5.3.4 South Korea
5.3.5 ASEAN
5.3.6 Rest of Asia Pacific
5.4 Rest of the World
5.4.1 Latin America
5.4.1.1 Brazil
5.4.1.2 Argentina
5.4.1.3 Rest of Latin America
5.4.2 Middle East
5.4.3 Africa
Chapter 6 Company Profile
6.1 Carrier Corporation
6.1.1 Introduction
6.1.2 Financial Overview
6.1.3 Product Portfolio
6.1.4 Recent Developments
6.1.5 SWOT Analysis
6.2 Thermax Ltd.
6.3 Kirloskar Pneumatic Co. Ltd.
6.4 Century Corporation
6.5 EAW Energieanlagenbau GmbH
6.6 Hitachi Appliances Inc.
6.7 Yazaki Energy Systems Inc.
6.8 MultiChill Technologies Inc
Chapter 7 Competitor Analysis
7.1 Company Ranking
7.2 Key Innovators
7.3 Market Leader
7.4 Emerging Players
7.5 Strategic Alliances
7.6 Competitive Matrix of 12 Companies
Chapter 8 Global Absorption Chillers Market by Product Type Estimation and Forecast, 2017 - 2025 (USD Billion)
8.1 Ammonia
8.2 Lithium Bromide
Chapter 9 Global Absorption Chillers Market by Consumption Type Estimation and Forecast, 2017 - 2025 (USD Billion)
9.1 Food Storage
9.2 Air Conditioning
Chapter 10 Global Absorption Chillers Market by Distribution Channel Estimation and Forecast, 2017 - 2025 (USD Billion)
10.1 Domestic
10.2 Commercial
10.3 Industrial
Chapter 11 Appendix
11.1 Data Sources
11.2 Abbreviations
11.3 About US
11.4 Disclaimer
11.5 Key Notes
List of Tables
Table 1 Global Absorption Chillers Market, by Region, 2017 - 2025 (USD Billion)
Table 2 Global Absorption Chillers Market, by Product Type, 2017 - 2025 (USD Billion)
Table 3 Global Absorption Chillers Market, by Consumption Type, 2017 - 2025 (USD Billion)
Table 4 Global Absorption Chillers Market, by Distribution Type, 2017 - 2025 (USD Billion)
Table 5 North America Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 6 North America Absorption Chillers Market by Product Type 2017 - 2025 (USD Billion)
Table 7 North America Absorption Chillers Market by Consumption Type 2017 - 2025 (USD Billion)
Table 8 North America Absorption Chillers Market by Distribution Type 2017 - 2025 (USD Billion)
Table 9 US Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 10 Canada Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 11 Europe Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 12 Europe Absorption Chillers Market by Product Type 2017 - 2025 (USD Billion)
Table 13 Europe Absorption Chillers Market by Consumption Type 2017 - 2025 (USD Billion)
Table 14 Europe Absorption Chillers Market by Distribution Type 2017 - 2025 (USD Billion)
Table 15 UK Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 16 Germany Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 17 France Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 18 Spain Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 19 Italy Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 20 Russia & CIS Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 21 Rest of Europe Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 22 Asia Pacific Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 23 Asia Pacific Absorption Chillers Market by Product Type 2017 - 2025 (USD Billion)
Table 24 Asia Pacific Absorption Chillers Market by Consumption Type 2017 - 2025 (USD Billion)
Table 25 Asia Pacific Absorption Chillers Market by Distribution Type 2017 - 2025 (USD Billion)
Table 26 China Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 27 Japan Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 28 India Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 29 South Korea Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 30 ASEAN Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 31 Rest of Asia Pacific Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 32 Latin America Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 33 Latin America Absorption Chillers Market by Product Type 2017 - 2025 (USD Billion)
Table 34 Latin America Absorption Chillers Market by Consumption Type 2017 - 2025 (USD Billion)
Table 35 Latin America Absorption Chillers Market by Distribution Type 2017 - 2025 (USD Billion)
Table 36 Brazil Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 37 Argentina Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 38 Rest of Latin America Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 39 Middle East Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 40 Middle East Absorption Chillers Market by Product Type 2017 - 2025 (USD Billion)
Table 41 Middle East Absorption Chillers Market by Consumption Type 2017 - 2025 (USD Billion)
Table 42 Middle East Absorption Chillers Market by Distribution Type 2017 - 2025 (USD Billion)
Table 43 Africa Absorption Chillers Market 2017 - 2025 (USD Billion)
Table 44 Africa Absorption Chillers Market by Product Type 2017 - 2025 (USD Billion)
Table 45 Africa Absorption Chillers Market by Consumption Type 2017 - 2025 (USD Billion)
Table 46 Africa Absorption Chillers Market by Distribution Type 2017 - 2025 (USD Billion)
List of Figures
Fig. 1 Primary Research Method
Fig. 2 Secondary Research Method
Fig. 3 Value chain analysis
Fig. 4 PESTEL Analysis
Fig. 5 SWOT Analysis
Fig. 6 Porters Five forces analysis
Fig. 7 Absorption Chillers Market: Penetration & growth prospect mapping
Fig. 8 Absorption Chillers Market: Competitive snapshot
Fig. 9 Absorption Chillers Market: Segmental snapshot
Fig. 10 Market Overview
Fig. 11 Absorption Chillers Market: Product Analysis, 2017 - 2025
Fig. 12 Absorption Chillers Market: Regional Analysis, 2017 - 2025
Fig. 13 Absorption Chillers Market: Competitive Matrix
Fig. 14 Absorption Chillers Market: Revenue Mix