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Absorption Chillers Market - Forecasts from 2018 to 2023

  • ID: 4618249
  • Report
  • 105 pages
  • Knowledge Sourcing Intelligence LLP
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FEATURED COMPANIES

  • BROAD GROUP
  • Carrier Corporation
  • Colibri-bv
  • Danstoker A/S
  • EC21 Inc.
  • Helioclim
  • MORE
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.

Research Methodology

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the absorption chillers value chain. Last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the Absorption Chillers market.

Major industry players profiled as part of the report are Vamtec Ltd, Johnson Controls-Hitachi Air Conditioning, Thermax Global, Trane, and Carrier Corporation among others.

Segmentation:

Absorption chillers market has been analyzed through following segments:

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
North America
  • U.S.
  • Canada
  • Mexico
South America
  • Brazil
Europe
  • UK
  • Germany
  • France
Middle East and Africa
  • Saudi Arabia
  • UAE
  • Israel
Asia-Pacific
  • Japan
  • China
  • India
  • Australia
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BROAD GROUP
  • Carrier Corporation
  • Colibri-bv
  • Danstoker A/S
  • EC21 Inc.
  • Helioclim
  • MORE
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. ABSORPTION CHILLERS MARKET BY TYPE
5.1. Steam Absorption Chillers
5.2. Hot Water Absorption Chillers
5.3. Direct-Fired Absorption Chillers
5.4. Indirect-Fired Absorption Chillers

6. ABSORPTION CHILLERS MARKET BY TECHNOLOGY
6.1. Single-Effect
6.2. Double-Effect
6.3. Triple-Effect

7. ABSORPTION CHILLERS MARKET BY END USER
7.1. Industrial
7.2. Commercial
7.3. Residential

8. ABSORPTION CHILLERS MARKET BY GEOGRAPHY
8.1. North America
8.1.1. U.S.
8.1.2. Canada
8.1.3. Mexico
8.1.4. Others
8.2. South America
8.2.1. Brazil
8.2.2. Others
8.3. Europe
8.3.1. UK
8.3.2. Germany
8.3.3. France
8.3.4. Others
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.4.2. UAE
8.4.3. Israel
8.4.4. Others
8.5. Asia-Pacific
8.5.1. Japan
8.5.2. China
8.5.3. India
8.5.4. Australia
8.5.5. Others

9. COMPETITIVE INTELLIGENCE
9.1. Recent Deals and Investment
9.2. Strategies of Key Players
9.3. Investment Analysis

10. COMPANY PROFILES
10.1. Johnson Controls-Hitachi Air Conditioning
10.2. Thermax Global
10.3. Trane
10.4. Carrier Corporation
10.5. Helioclim
10.6. EC21 Inc.
10.7. Colibri-bv
10.8. Vamtec Ltd
10.9. Danstoker A/S
10.10. BROAD GROUP
LIST OF FIGURES
LIST OF TABLES
Note: Product cover images may vary from those shown
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  • Johnson Controls-Hitachi Air Conditioning
  • Thermax Global
  • Trane
  • Carrier Corporation
  • Helioclim
  • EC21 Inc.
  • Colibri-bv
  • Vamtec Ltd
  • Danstoker A/S
  • BROAD GROUP
Note: Product cover images may vary from those shown
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The research study is based on the publisher's proprietary research model. The process involves sourcing of information from various industry experts, key professionals, decision-makers and various other stakeholders along with the validation of the responses received from the vast in-house database and premium paid databases. Publicly available sources were also taken into consideration for the final market estimates and forecast for the segments and sub-segments.

The first phase of the research process is the identification of key industry leaders, experts, decision-makers and C-level executives and then conducting interviews and surveys to gain vital insights about the market. Simultaneously, extensive secondary research is done, and key secondary data is collected as part of this process. This secondary data is collected from various databases, industry journals, whitepapers, company annual reports, research publications, and other paid data sources and relevant literature. Company profiles which include strategies, new product developments, recent investments, major products and services, financials and business plans are sourced from the annual reports, SEC filings, industry associations to preserve the quality of the information being displayed. The findings from both the primary and the secondary research process combined go under further processing for market breakdown and forecasting.

The last phase is providing intelligence in the form of presentation, charts, graphics and other different formats helping the clients in a faster and efficient understanding of the market. Under this phase complete market engineering is involved which includes analyzing the collected data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting. The publisher has developed their market forecasting methodology that, in addition to the main market values, also takes into account other macroeconomic factors (global or local) that might have some bearing on the market under study. Taking all the necessary data, a robust forecast is developed using an algorithm that involves both static (multivariate) as well as dynamic (time-series) regression analysis. Special care is taken to make sure their algorithm passes the necessary statistical tests, and the mean prediction for future years obtained is reliable with a very high confidence level. Following data validation, the analysts begin to write the report presenting insights with the help of charts, graphs, and tables.

 

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