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Absorption chillers market was valued in million in 2017 and is projected to expand at a decent CAGR over the forecast period to reach at millions by 2023.<br>For More Information: https://www.knowledge-sourcing.com/report/absorption-chillers-market<br>
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Absorption Chillers Market Forecast From 2018 to 2023
DESCRIPTION As per the latest reports by Knowledge Sourcing Intelligence, 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.
Key Questions Answered By The Report • What will be the Absorption Chillers • market size from 2018 to 2023? • How are the major drivers and restraints affecting the Absorption Chillers • 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 Absorption ChillersMarket • Reports 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
Geography • North America • U.S. • Canada • Mexico • Others • South America • Brazil • Others
Geography • North America • U.S. • Canada • Mexico • Others • South America • Brazil • Others
COMPANY PROFILES Johnson Controls-Hitachi Air Conditioning Thermax Global Trane Carrier Corporation Helioclim
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