DUBLIN--(BUSINESS WIRE)--The "Global Absorption Chillers Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The absorption chillers market will register a CAGR of almost 4% by 2023.
Absorption chiller lodges a vital position in an HVAC&R system. It offers numerous benefits over conventional chillers, which majorly include the ability to integrate with combined heat and power (CHP) generation and district cooling infrastructure, low noise levels, improved efficiency. These advantages have accelerated the adoption of absorption chillers among various industrial end-users. They help them to reduce their overall costs and enable them to meet their environmental targets. These factors make absorption chillers an appealing option in the industrial sector and allow many industrial users to meet their environmental and regulatory targets.
Market Overview
Growing adoption of district heating and cooling infrastructure
District cooling systems are centralized air conditioning/chilling systems which can cater to the heating/cooling demand of a large geographical area. The chilled/heated water from the central system is carried to all buildings, apartments, and facilities using a common insulated pipeline network. Absorption chillers are commonly used in district cooling plants, which can process and cool massive amounts of water.
High capital and maintenance costs
Various industries are focusing on increasing the energy efficiency of their plants, reducing energy costs, and lowering the emissions, and are expected to create a significant opportunity for the growth of the global absorption chillers market. However, high initial costs and maintenance costs are major challenges that may impede the growth of the market during the forecast period.
Competitive Landscape
The market appears to be highly fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
The key players in the global absorption chillers market are Johnson Controls, Shuangliang Eco-Energy Systems, Thermax, United Technologies, & YAZAKI.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- Preface
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- HVAC - Market size and forecast 2018-2023
- Industrial - Market size and forecast 2018-2023
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 10: MARKET TRENDS
PART 11: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 12: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Johnson Controls
- Shuangliang Eco-Energy Systems
- Thermax
- UNITED TECHNOLOGIES
- YAZAKI
PART 13: APPENDIX
For more information about this report visit https://www.researchandmarkets.com/research/c6tqs7/global_absorption?w=4
