Home > Industrial Machinery > Industrial Equipment > Absorption Cooling System Market

Absorption Cooling System Market Share

  • Report ID: GMI9234
  • Published Date: Apr 2024
  • Report Format: PDF
 Download Free Sample

Absorption Cooling System Market Share

Global Absorption Colling System Company Market Share Analysis, 2023
To get key market trends
  Download Free Sample

The key players operating in the market are Thermax Limited, Kirloskar Pneumatic Company Ltd, Trane Technologies plc, Johnson Controls, Inc., and Carrier Global Corporation. Together, they held a market share of 15 - 20% in 2023. The market is highly fragmented owing to a large number of companies competing for a share, with no single player dominating the landscape. These market players offer various absorption chillers catering to different needs and budgets, opening the door for specialization among manufacturers.
 

Absorption Cooling System Market Companies

Major players operating in the absorption cooling system industry include:

  • Thermax Limited
  • Kirloskar Pneumatic Company Ltd
  • Trane Technologies plc
  • Johnson Controls, Inc.
  • Carrier Global Corporation
  • Robur Corporation
  • LG Electronics, Inc.
  • Shuangliang Eco-Energy Systems Co. Ltd.
  • Kawasaki Thermal Engineering Co., Ltd.,
  • Hyundai Climate Control Co.
  • Steyn Group
  • EBARA THERMAL SYSTEMS (THAILAND) CO., LTD.
  • Bry-Air (Asia) Pvt. Ltd.
  • Thermo Fisher Scientific Inc.
  • Midea Group
     
Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of absorption cooling system was reached USD 2.58 billion in 2023 and will grow at 4.5% CAGR between 2024 and 2032, attributed to the integration of renewable energy as well as increasing green building initiatives & regulations.

Ammonia-water absorption cooling system market generated a revenue of USD 1.09 billion in 2023 and is set to cross USD 1.6 billion by 2032, due to their environment-friendly nature.

Asia Pacific absorption cooling system market held 15.7% share in 2023 and is set to reach USD 1.01 billion by 2032, due to stringent regulations to reduce GHG emissions and promotion of energy-efficient technologies.

Thermax Limited, Kirloskar Pneumatic Company Ltd, Trane Technologies plc, Johnson Controls, Inc., Carrier Global Corporation, Robur Corporation, LG Electronics, Inc., Shuangliang Eco-Energy Systems Co. Ltd., and Kawasaki Thermal Engineering Co., Ltd., among others.

Absorption Cooling System Market Scope

  • Absorption Cooling System Market Size
  • Absorption Cooling System Market Trends
  • Absorption Cooling System Market Analysis
  • Absorption Cooling System Market Share

    • Buy Now

    Premium Report Details

    • Base Year: 2023
    • Companies covered: 15
    • Tables & Figures: 247
    • Countries covered: 21
    • Pages: 370
     Download Free Sample
    ×
    Get a free sample of Absorption Cooling System Market
    Inquiry Before Buying
    Get special pricing options on this report
    Request Sectional Data
    Over 70% of our clients customize reports to fit their needs. Please tell us how you would like to customize yours below

    Your personal details will remain secure and confidential.