openPR Logo
Press release

Absorption Chillers Market Top Vendors by 2025 : Sun Power, Nordic Green & Solartron Energy

07-09-2018 01:08 PM CET | Energy & Environment

Press release from: TMR Research

Absorption Chillers Market Top Vendors by 2025 : Sun Power,

Global Absorption Chillers Market: Snapshot

Absorption chillers are refrigerators that derive energy from a preexisting heat source. Hence, absorption chillers help reduce the overall consumption of power, helping economize the power efficiency dynamics of a system. The rising awareness about the importance of conserving energy, and the government support to initiatives encouraging energy conservation is thus likely to be a key driver for the global absorption chillers market.

The pharmaceuticals industry is likely to become a leading application segment for the global absorption chillers in the coming years. This is due to the consistent need for chilled equipment to store pharmaceutical solutions. The pharmaceuticals industry is likely to receive significant investment for technological improvement in the coming years due to their direct impact on the ability of medical practitioners to help more patients more comprehensively. This is likely to be a key driver for the global absorption chillers market in the coming years.

The oil and gas industry is also likely to remain a leading consumer in the global absorption chillers due to the rising need for offshore oil exploration and extraction projects. Offshore rigs often lack connectivity to the main power grid and thus need to utilize the onboard power efficiently. Absorption chillers are thus ideally suited for application in the industry. Due to this factor, the global absorption chillers market could witness significant activity in West African, Latin American, and North European countries in the coming years, as nations in these regions are likely to be active in the offshore petroleum exploration sector.

Request Sample Copy of the Report @

https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2

Global Absorption Chillers Market: Overview

The rising importance of consuming waste energy is driving the deployment of absorption chillers across various end-user industries. The oil and gas industry is one of the major end users of these chillers. Therefore, the increasing exploration and production activities in the oil and gas industry is fuelling the global market for absorption chillers. The burgeoning demand for robust chilling facilities across pharmaceutical and chemical industries is also paving way for the growth of the market. The increasing reliance on liquefied natural gas (LNG) is another factor providing a fillip to the global market.

The report is an outcome of in-depth research and exhaustive coverage of every aspect of the global absorption chillers market and its affiliated industries. It provides a comprehensive overview of the dynamics of the market. It offers essential insights into the regional segmentation of the market for a better understanding. It includes a detailed description of the competitive landscape and also profiles the key players in the market along with their business strategies and latest developments.

Request TOC of the Report @

https://www.tmrresearch.com/sample/sample?flag=T&rep_id=2

Global Absorption Chillers Market: Restraints and Opportunities

The rising awareness about energy-efficient products is promoting the deployment of absorption chillers market. However, due to the high-end technology requirement of these chillers, their set-up cost is high, which is limiting their widespread adoption. This factor is exacerbated by the availability of low-cost conventional chilling equipment, whose demand is still strong across various industries. Moreover, the high risk of deterioration and damage associated with these chillers is hindering the growth of the market.

Nevertheless, the manufacturers will be able to see light at the end of the tunnel with the continuous advancements that will mitigate these technical issues. Furthermore, the increasing demand for absorption chillers from the commercial sector and data centers is likely to augur well for the market in the coming years.

Global Absorption Chillers Market: Geographical Segmentation

The key regions studied in the report are North America, Asia Pacific, Europe, and Rest of the World. The growth of the North America and Europe regions will be facilitated by the presence of developed end user infrastructure. The increasing demand for absorption chillers from the food and beverages industry is also bolstering the growth of these regions. The Asia Pacific market is augmented by the rising capacities of geothermal, nuclear, and solar power plants. The improving economic conditions and expansion of commercial sector are providing a significant boost to the growth of the region.

Read Comprehensive Overview of Report @

https://www.tmrresearch.com/absorption-chillers-market

Global Absorption Chillers Market: Competitive Landscape

Players in the global absorption chillers market require highly skilled labor, advanced technology, and complex production facility to stay relevant. The highly capital intensive nature of the market is creating a significant barrier to the entry of new players. Some of the key absorption chiller manufacturers are Thermax Ltd, Johnson Controls Inc, Kirloskar Pneumatic Company Limited, Yazaki Energy Systems Inc., Kawasaki Trading Co. Ltd., Broad U.S.A. Inc., Hitachi Ltd., Simons Green Energy, Clarke Energy, Ebara Refrigeration Equipment & Systems Co Ltd, Solair, Voltas, Ltd., and Shuangliang Eco-Energy Systems Company Ltd.

The study presents reliable qualitative and quantitative insights into:

Market segments and sub-segments
Market trends and dynamics
Supply and demand chain of the market
Market valuation (revenue and/or volume)
Key trends/opportunities/challenges
Forces defining present and estimated future state of the competitive landscape
Technological developments
Value chain and stakeholder analysis

The regional analysis covers:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success

Contact:

TMR Research,

3739 Balboa St # 1097,

San Francisco, CA 94121

United States

Tel: +1-415-520-1050

Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Absorption Chillers Market Top Vendors by 2025 : Sun Power, Nordic Green & Solartron Energy here

News-ID: 1115838 • Views: 263

More Releases from TMR Research

What more factors have influence over the growth of the global healthcare educat …
Expanding significance of education in the healthcare business to address hierarchical difficulties and convey improved consideration has prompted the merger of healthcare, innovation and advanced arrangement suppliers to create healthcare education solutions. Suppliers of healthcare education solutions are occupied with conveying individual e-learning and consistence solutions to enable associations to accomplish their objectives by defeating difficulties of representative correspondence in an opportune and most advantageous way. Get Sample Copy of this
High Cost of Deployment to Impede Penetration of Back-end Revenue Cycle Manageme …
It’s important to take time to make lasting improvement, not just put a band-aid on for a quick fix. The time-consuming work includes setting goals for performance improvement initiatives, education of staff, regular meetings, performance discussions, and attention to detail on all aspects of the revenue cycle. Partnering with an outsource firm that has expertise in best practices for back-end revenue cycle functions means a lot of that hard work
Healthcare Laboratory Informatics Market Current Trends and Future Aspect Analys …
Health data technology has improved key regions of healthcare like research, academia, and practice. Tech is one of the prime divisions in healthcare that is set to improve the general provider patient experience. The eventual fate of healthcare is focusing at improving patient fulfillment, nature of care, and practice strategies. Laboratory Information Systems (LIS) is a key component of the pathology department or diagnostic. This has led to the formation
Infection Prevention Products and Services : Cantel Medical, Getinge, Steris, Ha …
Governments across the globe are investing highly improving the conditions and facilities in the healthcare sector. To the provide patients will advanced facilities and to further protect them from nosocomial infections the need infection prevention products and services have incased largely. As hospitalized patients are prone to get affected by organism present in the surrounding due to their weak immune system. The products and services used to prevent infection include

All 5 Releases


More Releases for Absorption

Absorption Chillers Market : Market Intelligence and Market Trends
Absorption chillers are cooling units that operate on heat instead of mechanical power. Absorption chillers consume a small amount of fuel as compared to other refrigeration devices; however, their cooling performance is also significantly lower. Absorption chillers use waste heat energy -- a by-product in gas turbines, commercial centre, and hotels for refrigeration – for cooling purposes. Owing to their low operational costs, they are widely used in educational institutes,
Absorption Chillers Market - Recommendations to market players
Global Absorption Chillers Market: Snapshot Absorption chillers are refrigerators that derive energy from a preexisting heat source. Hence, absorption chillers help reduce the overall consumption of power, helping economize the power efficiency dynamics of a system. The rising awareness about the importance of conserving energy, and the government support to initiatives encouraging energy conservation is thus likely to be a key driver for the global absorption chillers market. The pharmaceuticals industry is
Absorption Chillers Market tumultuous by 2025
Global Absorption Chillers Market: Snapshot Absorption chillers are refrigerators that derive energy from a preexisting heat source. Hence, absorption chillers help reduce the overall consumption of power, helping economize the power efficiency dynamics of a system. The rising awareness about the importance of conserving energy, and the government support to initiatives encouraging energy conservation is thus likely to be a key driver for the global absorption chillers market. The pharmaceuticals industry is
Absorption Chiller Market - Industry Analysis and Opportunity Assessment 2018-20 …
Absorption Chiller is a device used to produce chilled water with the help of heat energy instead using an electrical source used in conventional chilling devices. The device primarily finds application across industries having a lot of waste heat or solar energy to produce. Installing an absorption chiller may lead to significant cost savings in big hotels, large corporate offices, big sports stadium and major industries requiring chilled water or
Absorption Chillers Market Detailed Description by 2025
Global Absorption Chillers Market: Snapshot Absorption chillers are refrigerators that derive energy from a preexisting heat source. Hence, absorption chillers help reduce the overall consumption of power, helping economize the power efficiency dynamics of a system. The rising awareness about the importance of conserving energy, and the government support to initiatives encouraging energy conservation is thus likely to be a key driver for the global absorption chillers market. The pharmaceuticals industry is
Absorption Chillers Market Progresses for Huge Profits During 2016-2026
Absorption chillers are cooling units that operate on heat instead of mechanical power. Absorption chillers consume a small amount of fuel as compared to other refrigeration devices; however, their cooling performance is also significantly lower. Absorption chillers use waste heat energy -- a by-product in gas turbines, commercial centre, and hotels for refrigeration – for cooling purposes. Owing to their low operational costs, they are widely used in educational institutes,