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Absorption Chillers-Global Market Insights and Sales Trends 2025
Synopsis
The global Absorption Chillers market size is expected to reach US$ 921.1 million by 2029, growing at a CAGR of 2.4% from 2023 to 2029. The market is mainly driven by the significant applications of Absorption Chillers in various end use industries. The expanding demands from the Domestic, Commercial and Industrial,, are propelling Absorption Chillers market. Single Stage, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Double Stage segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Absorption Chillers market, driven by demand from China, the second largest economy with some signs of stabilising, the Absorption Chillers market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Absorption Chillers, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Absorption Chillers market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Absorption Chillers market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Absorption Chillers sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Absorption Chillers covered in this report include Daikin Industries, Johnson Controls, Thermax Ltd., Trane, Broad Air Conditioning, Carrier Corporation, Hitachi Appliances, Midea Group and Robur Corporation, etc.
The global Absorption Chillers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Daikin Industries
Johnson Controls
Thermax Ltd.
Trane
Broad Air Conditioning
Carrier Corporation
Hitachi Appliances
Midea Group
Robur Corporation
Shuangliang Eco-Energy Systems
LG
EAW Energieanlagenbau GmbH
Century
Kirloskar Pneumatic Co. Ltd.
Yazaki Energy Systems Inc.
MultiChill Technologies Inc.
Global Absorption Chillers market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Absorption Chillers market, Segment by Type:
Single Stage
Double Stage
Global Absorption Chillers market, by Application
Domestic
Commercial
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Absorption Chillers manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Absorption Chillers in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Absorption Chillers market size is expected to reach US$ 921.1 million by 2029, growing at a CAGR of 2.4% from 2023 to 2029. The market is mainly driven by the significant applications of Absorption Chillers in various end use industries. The expanding demands from the Domestic, Commercial and Industrial,, are propelling Absorption Chillers market. Single Stage, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Double Stage segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Absorption Chillers market, driven by demand from China, the second largest economy with some signs of stabilising, the Absorption Chillers market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Absorption Chillers, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Absorption Chillers market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Absorption Chillers market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Absorption Chillers sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Absorption Chillers covered in this report include Daikin Industries, Johnson Controls, Thermax Ltd., Trane, Broad Air Conditioning, Carrier Corporation, Hitachi Appliances, Midea Group and Robur Corporation, etc.
The global Absorption Chillers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Daikin Industries
Johnson Controls
Thermax Ltd.
Trane
Broad Air Conditioning
Carrier Corporation
Hitachi Appliances
Midea Group
Robur Corporation
Shuangliang Eco-Energy Systems
LG
EAW Energieanlagenbau GmbH
Century
Kirloskar Pneumatic Co. Ltd.
Yazaki Energy Systems Inc.
MultiChill Technologies Inc.
Global Absorption Chillers market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Absorption Chillers market, Segment by Type:
Single Stage
Double Stage
Global Absorption Chillers market, by Application
Domestic
Commercial
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Absorption Chillers manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Absorption Chillers in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Absorption Chillers Market Overview
1.1 Absorption Chillers Product Overview
1.2 Absorption Chillers Market Segment by Type
1.2.1 Single Stage
1.2.2 Double Stage
1.3 Global Absorption Chillers Market Size by Type
1.3.1 Global Absorption Chillers Market Size Overview by Type (2018-2029)
1.3.2 Global Absorption Chillers Historic Market Size Review by Type (2018-2023)
1.3.3 Global Absorption Chillers Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Absorption Chillers Sales Breakdown by Type (2018-2023)
1.4.2 Europe Absorption Chillers Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Absorption Chillers Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Absorption Chillers Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Absorption Chillers Sales Breakdown by Type (2018-2023)
2 Global Absorption Chillers Market Competition by Company
2.1 Global Top Players by Absorption Chillers Sales (2018-2023)
2.2 Global Top Players by Absorption Chillers Revenue (2018-2023)
2.3 Global Top Players by Absorption Chillers Price (2018-2023)
2.4 Global Top Manufacturers Absorption Chillers Manufacturing Base Distribution, Sales Area, Product Type
2.5 Absorption Chillers Market Competitive Situation and Trends
2.5.1 Absorption Chillers Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Absorption Chillers Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Absorption Chillers as of 2022)
2.7 Date of Key Manufacturers Enter into Absorption Chillers Market
2.8 Key Manufacturers Absorption Chillers Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Absorption Chillers Status and Outlook by Region
3.1 Global Absorption Chillers Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Absorption Chillers Historic Market Size by Region
3.2.1 Global Absorption Chillers Sales in Volume by Region (2018-2023)
3.2.2 Global Absorption Chillers Sales in Value by Region (2018-2023)
3.2.3 Global Absorption Chillers Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Absorption Chillers Forecasted Market Size by Region
3.3.1 Global Absorption Chillers Sales in Volume by Region (2024-2029)
3.3.2 Global Absorption Chillers Sales in Value by Region (2024-2029)
3.3.3 Global Absorption Chillers Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Absorption Chillers by Application
4.1 Absorption Chillers Market Segment by Application
4.1.1 Domestic
4.1.2 Commercial
4.1.3 Industrial
4.2 Global Absorption Chillers Market Size by Application
4.2.1 Global Absorption Chillers Market Size Overview by Application (2018-2029)
4.2.2 Global Absorption Chillers Historic Market Size Review by Application (2018-2023)
4.2.3 Global Absorption Chillers Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Absorption Chillers Sales Breakdown by Application (2018-2023)
4.3.2 Europe Absorption Chillers Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Absorption Chillers Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Absorption Chillers Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Absorption Chillers Sales Breakdown by Application (2018-2023)
5 North America Absorption Chillers by Country
5.1 North America Absorption Chillers Historic Market Size by Country
5.1.1 North America Absorption Chillers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Absorption Chillers Sales in Volume by Country (2018-2023)
5.1.3 North America Absorption Chillers Sales in Value by Country (2018-2023)
5.2 North America Absorption Chillers Forecasted Market Size by Country
5.2.1 North America Absorption Chillers Sales in Volume by Country (2024-2029)
5.2.2 North America Absorption Chillers Sales in Value by Country (2024-2029)
6 Europe Absorption Chillers by Country
6.1 Europe Absorption Chillers Historic Market Size by Country
6.1.1 Europe Absorption Chillers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Absorption Chillers Sales in Volume by Country (2018-2023)
6.1.3 Europe Absorption Chillers Sales in Value by Country (2018-2023)
6.2 Europe Absorption Chillers Forecasted Market Size by Country
6.2.1 Europe Absorption Chillers Sales in Volume by Country (2024-2029)
6.2.2 Europe Absorption Chillers Sales in Value by Country (2024-2029)
7 Asia-Pacific Absorption Chillers by Region
7.1 Asia-Pacific Absorption Chillers Historic Market Size by Region
7.1.1 Asia-Pacific Absorption Chillers Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Absorption Chillers Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Absorption Chillers Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Absorption Chillers Forecasted Market Size by Region
7.2.1 Asia-Pacific Absorption Chillers Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Absorption Chillers Sales in Value by Region (2024-2029)
8 Latin America Absorption Chillers by Country
8.1 Latin America Absorption Chillers Historic Market Size by Country
8.1.1 Latin America Absorption Chillers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Absorption Chillers Sales in Volume by Country (2018-2023)
8.1.3 Latin America Absorption Chillers Sales in Value by Country (2018-2023)
8.2 Latin America Absorption Chillers Forecasted Market Size by Country
8.2.1 Latin America Absorption Chillers Sales in Volume by Country (2024-2029)
8.2.2 Latin America Absorption Chillers Sales in Value by Country (2024-2029)
9 Middle East and Africa Absorption Chillers by Country
9.1 Middle East and Africa Absorption Chillers Historic Market Size by Country
9.1.1 Middle East and Africa Absorption Chillers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Absorption Chillers Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Absorption Chillers Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Absorption Chillers Forecasted Market Size by Country
9.2.1 Middle East and Africa Absorption Chillers Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Absorption Chillers Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Daikin Industries
10.1.1 Daikin Industries Company Information
10.1.2 Daikin Industries Introduction and Business Overview
10.1.3 Daikin Industries Absorption Chillers Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Daikin Industries Absorption Chillers Products Offered
10.1.5 Daikin Industries Recent Development
10.2 Johnson Controls
10.2.1 Johnson Controls Company Information
10.2.2 Johnson Controls Introduction and Business Overview
10.2.3 Johnson Controls Absorption Chillers Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Johnson Controls Absorption Chillers Products Offered
10.2.5 Johnson Controls Recent Development
10.3 Thermax Ltd.
10.3.1 Thermax Ltd. Company Information
10.3.2 Thermax Ltd. Introduction and Business Overview
10.3.3 Thermax Ltd. Absorption Chillers Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Thermax Ltd. Absorption Chillers Products Offered
10.3.5 Thermax Ltd. Recent Development
10.4 Trane
10.4.1 Trane Company Information
10.4.2 Trane Introduction and Business Overview
10.4.3 Trane Absorption Chillers Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Trane Absorption Chillers Products Offered
10.4.5 Trane Recent Development
10.5 Broad Air Conditioning
10.5.1 Broad Air Conditioning Company Information
10.5.2 Broad Air Conditioning Introduction and Business Overview
10.5.3 Broad Air Conditioning Absorption Chillers Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Broad Air Conditioning Absorption Chillers Products Offered
10.5.5 Broad Air Conditioning Recent Development
10.6 Carrier Corporation
10.6.1 Carrier Corporation Company Information
10.6.2 Carrier Corporation Introduction and Business Overview
10.6.3 Carrier Corporation Absorption Chillers Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Carrier Corporation Absorption Chillers Products Offered
10.6.5 Carrier Corporation Recent Development
10.7 Hitachi Appliances
10.7.1 Hitachi Appliances Company Information
10.7.2 Hitachi Appliances Introduction and Business Overview
10.7.3 Hitachi Appliances Absorption Chillers Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Hitachi Appliances Absorption Chillers Products Offered
10.7.5 Hitachi Appliances Recent Development
10.8 Midea Group
10.8.1 Midea Group Company Information
10.8.2 Midea Group Introduction and Business Overview
10.8.3 Midea Group Absorption Chillers Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Midea Group Absorption Chillers Products Offered
10.8.5 Midea Group Recent Development
10.9 Robur Corporation
10.9.1 Robur Corporation Company Information
10.9.2 Robur Corporation Introduction and Business Overview
10.9.3 Robur Corporation Absorption Chillers Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Robur Corporation Absorption Chillers Products Offered
10.9.5 Robur Corporation Recent Development
10.10 Shuangliang Eco-Energy Systems
10.10.1 Shuangliang Eco-Energy Systems Company Information
10.10.2 Shuangliang Eco-Energy Systems Introduction and Business Overview
10.10.3 Shuangliang Eco-Energy Systems Absorption Chillers Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Shuangliang Eco-Energy Systems Absorption Chillers Products Offered
10.10.5 Shuangliang Eco-Energy Systems Recent Development
10.11 LG
10.11.1 LG Company Information
10.11.2 LG Introduction and Business Overview
10.11.3 LG Absorption Chillers Sales, Revenue and Gross Margin (2018-2023)
10.11.4 LG Absorption Chillers Products Offered
10.11.5 LG Recent Development
10.12 EAW Energieanlagenbau GmbH
10.12.1 EAW Energieanlagenbau GmbH Company Information
10.12.2 EAW Energieanlagenbau GmbH Introduction and Business Overview
10.12.3 EAW Energieanlagenbau GmbH Absorption Chillers Sales, Revenue and Gross Margin (2018-2023)
10.12.4 EAW Energieanlagenbau GmbH Absorption Chillers Products Offered
10.12.5 EAW Energieanlagenbau GmbH Recent Development
10.13 Century
10.13.1 Century Company Information
10.13.2 Century Introduction and Business Overview
10.13.3 Century Absorption Chillers Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Century Absorption Chillers Products Offered
10.13.5 Century Recent Development
10.14 Kirloskar Pneumatic Co. Ltd.
10.14.1 Kirloskar Pneumatic Co. Ltd. Company Information
10.14.2 Kirloskar Pneumatic Co. Ltd. Introduction and Business Overview
10.14.3 Kirloskar Pneumatic Co. Ltd. Absorption Chillers Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Kirloskar Pneumatic Co. Ltd. Absorption Chillers Products Offered
10.14.5 Kirloskar Pneumatic Co. Ltd. Recent Development
10.15 Yazaki Energy Systems Inc.
10.15.1 Yazaki Energy Systems Inc. Company Information
10.15.2 Yazaki Energy Systems Inc. Introduction and Business Overview
10.15.3 Yazaki Energy Systems Inc. Absorption Chillers Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Yazaki Energy Systems Inc. Absorption Chillers Products Offered
10.15.5 Yazaki Energy Systems Inc. Recent Development
10.16 MultiChill Technologies Inc.
10.16.1 MultiChill Technologies Inc. Company Information
10.16.2 MultiChill Technologies Inc. Introduction and Business Overview
10.16.3 MultiChill Technologies Inc. Absorption Chillers Sales, Revenue and Gross Margin (2018-2023)
10.16.4 MultiChill Technologies Inc. Absorption Chillers Products Offered
10.16.5 MultiChill Technologies Inc. Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Absorption Chillers Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Absorption Chillers Industrial Chain Analysis
11.4 Absorption Chillers Market Dynamics
11.4.1 Absorption Chillers Industry Trends
11.4.2 Absorption Chillers Market Drivers
11.4.3 Absorption Chillers Market Challenges
11.4.4 Absorption Chillers Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Absorption Chillers Distributors
12.3 Absorption Chillers Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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