Absorption Chillers Market By Knowledge Sourcing Intelligence

Absorption Chillers Market Forecast From 2019 to 2024

DESCRIPTION As per the latest reports by Knowledge Sourcing Intelligence, Absorption chillers market was valued at US$959.571 million in 2017 and is projected to expand at a CAGR of 4.53% over the forecast period to reach US$1,252.081 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. We are providing some segments of global algae protein market briefly here:

Sample view of global absorption chillers market share

Key Questions Answered By The Report What will be the Global Absorption Chillers Market size from 2019 to 2024? How are the major drivers and restraints affecting the Global 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 participant’s behavior Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth

Segments Covered Under The Global Absorption Chillers Market Report Are As Below: 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 Residential

By Geography: Americas North America South America Europe Middle East and Africa Europe Middle East and Africa Asia Pacific

COMPANY PROFILES Johnson Controls-Hitachi Air Conditioning Thermax Global Trane Carrier Corporation Helioclim Â

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