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Absorption Chiller Market is Expected to Reach $2.64 Billion by 2034, With at a CAGR of 4.6% | Fact.MR Report

Absorption Chillers Popular Due to Their Low Maintenance and Operating Costs Compared to Other Cooling Options.

Rockville, MD, Aug. 21, 2024 (GLOBE NEWSWIRE) — According to a recently updated research report released by Fact.MR, the global 

Absorption Chiller Industry News:

  • Johnson Controls, Inc. designs and produces lead-acid and lithium-ion batteries, building efficiency and technology solutions, rooftop systems, bespoke and conventional air handling systems, and HVAC equipment such as absorption chillers. In addition, they offer leasing, repairs, maintenance, and training.
  • Commercial refrigeration systems are produced by Carrier Corporation. Heating systems, heat exchangers, compressor racks, multi-rack compressors, absorption chillers, air-cooled gas coolers, and air-cooled condensing units make up refrigeration systems. Cash and carry, supermarkets, hypermarkets, discount stores, retail stores, small merchants, and distribution centers are just a few of the places they are used.

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the absorption chiller market for 2019 to 2023 and forecast statistics for 2024 to 2034.

The study divulges insights into the market based on power source (direct fired, hot water heated, steam heated, gaseous fuel-powered), absorber type (lithium bromide, ammonia), technology (single stage, double stage), and end use (residential, commercial, industrial), across seven major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and MEA).

Check out More Related Studies Published by Fact.MR:

Methanol Chillers Market: Size is projected to reach US$ 3.3 billion by 2033, up from US$ 1.77 billion in 2023. It is predicted that between 2023 and 2033, the methanol chillers market would grow at a compound annual growth rate of 6.4%.

Brine Chillers Market: Size is projected to record a CAGR of 4.4%, reaching a value of US$ 11.76 billion. The brine chillers industry is expected to be valued at US$ 18.09 billion by 2033.

Gas Liquefaction Chillers Market: Size is anticipated to be worth US$ 4.35 billion in 2023 and likely to reach US$ 5.85 billion by 2033. The market is predicted to increase at a CAGR of 3% over the forecast period.

Modular Chiller MarketSales are estimated at US$ 3.7 Billion for 2022. As per detailed industry analysis, the global modular chiller market is forecast to reach US$ 6.2 Billion by 2032, expanding at a CAGR of around 5.2% from 2022 to 2032.

Portable Chiller MarketSize is anticipated to increase at a CAGR of 4% through 2032.

Screening Equipment MarketSize is projected to reach a size of US$ 7.43 billion in 2024. The market has been forecasted to climb to a value of US$ 12.82 billion by the end of 2034, expanding at a CAGR of 5.6% between 2024 and 2034).

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