openPR Logo
Press release

Absorption Chillers Market Booming Worldwide with Latest Trend and Future Scope by 2029

11-20-2023 12:43 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Absorption Chillers Market Booming Worldwide with Latest Trend

Absorption chillers market is anticipated to grow at a CAGR of 11.5% during the forecast period (2023-2030). The growing adoption of district cooling coupled with the improving network is the key factor supporting the growth of the market globally. Advanced district-cooling networks can pair heating and cooling services to increase the net efficiency and flexibility of the entire energy system. According to the International Energy Agency (IEA), district-cooling networks exist in a range of climates and countries such as Finland, Spain, China, and others. Qatar has the global largest district-cooling system, comprising 3 cooling plants covering the West Bay and the Pearl-Qatar districts in Doha with a combined capacity of 197,000 tons of refrigeration (690 megawatts [MW]) and a 4th plant under construction.

Furthermore, the free cooling chiller uses a microprocessor controller to ensure precise temperature control, as well as an integrated free cooling module that maximizes the use of ambient air. Thus, there is a considerable increase in demand as well as production of such absorption chillers around the globe. For instance, in May 2023, Delta T Systems launched the free cooling system, also known as a fluid cooler or dry cooler, applying ambient air to cool process fluid for a more environmentally friendly and cost-effective alternative to traditional refrigeration chillers.

To Request a Sample of our Report on Absorption Chillers Market: https://www.omrglobal.com/request-sample/absorption-chillers-market

Market Coverage

Market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others
Global Absorption Chillers Market Report Segment

By Technology

Single Stage
Double Stage
By Absorber Type

Lithium Bromide
Ammonia
By Power Source

Direct Fired
Indirect Fired
Water Driven
By Application

Chemicals
Food & Beverages
Power
Paper & Pulp
Power & Energy
Others (Petroleum)
A full report of Absorption Chillers Market available @ https://www.omrglobal.com/industry-reports/absorption-chillers-market

Absorption Chillers Market Report Segment by Region

North America

United States
Canada
Europe

UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific

China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World

Latin America
Middle East & Africa
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/absorption-chillers-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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 Booming Worldwide with Latest Trend and Future Scope by 2029 here

News-ID: 3293816 • Views:

More Releases from Orion Market Research

Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sustainability Preferences
Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sust …
Hair accessories market was valued at $23.8 billion in 2024 and is projected to reach $55.2 billion in 2035, growing at a CAGR of 8.2% during the forecast period (2025-2035). Generation Z, with significant disposable income, is transforming the hair accessories category in a major way. Their close connection to trends creates a unique feeling of urgency to self-express through fashion, such as clips, scrunchies, and barrettes. It has become
Railway Management System Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Railway Management System Market Size Analysis, Competitive Insights, Leading Pl …
Railway System (or Railway Management System) market was valued at approximately USD 28.28 billion, and it is expected to reach about USD 45.19 billion by 2033, growing at a CAGR of around 4.8% from 2024 to 2033. Railway Management System Market Overview The Railway Management System market includes technologies and systems used to plan, monitor, and manage railway operations-everything from traffic and signaling systems to asset and maintenance management, passenger information,
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Player …
Monocalcium Phosphate market was valued at about USD 4.2 billion, and it is anticipated to reach around USD 6.9 billion by 2033, growing at a CAGR of approximately 5% from 2023 to 2033. Monocalcium Phosphate Market Overview Monocalcium phosphate (MCP) is a calcium-phosphorus compound widely used in animal feed, fertilizers, and also in food and beverage applications (for example as leavening agent or acidity regulator), due to its solubility and bioavailability. The
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Player …
Automotive Lubricants Market was valued at approximately USD 70.44 billion. By 2033, it is expected to reach around USD 107.09 billion, growing at a CAGR of about 3.3% from 2025 to 2033. Automotive Lubricants Market Overview The automotive lubricants market consists of products like engine oils, gear oils, greases, hydraulic fluids, and transmission fluids that reduce friction, wear and tear, and improve efficiency and lifespan of vehicle components. Demand is driven by

All 5 Releases


More Releases for Absorption

EML (Electro-absorption Modulated Laser) Market
EML (Electro-absorption Modulated Laser) Market Overview EML (Electro-absorption Modulated Laser) is an integrated device of electro-absorption modulator (EAM) and DFB laser (LD). It is an electro-absorption modulator that uses the quantum-limited Stark effect (QCSE) and uses internal grating coupling to determine the wavelength DFB laser, an integrated high-performance optical communication light source with small size and low wavelength, is a universal ideal light source for information transmission carriers in high-speed fiber
Diaper Excellence: Swift Absorption & Ultimate Dryness
Introduction In the world of baby care, nothing is more crucial than ensuring the utmost comfort and hygiene for our little ones. Among the essentials, diapers [https://www.chiausdiapers.com/contact-us/] play a pivotal role, with their ability to swiftly absorb and maintain dryness being paramount. Today, we delve into the extraordinary features of diapers that embody swift absorption and unparalleled dryness. Swift Absorption Technology At the heart of every modern diaper [https://www.chiausdiapers.com/contact-us/] lies an innovative absorption
Absorption Tubes Market Size 2024 to 2031.
Market Overview and Report Coverage The Absorption Tubes Market refers to a type of tube used in various industries for the removal of gases and vapors from a liquid or gas stream through absorption. These tubes are commonly made from materials such as glass, plastic, or stainless steel and are widely used in applications such as air sampling, water treatment, laboratory experiments, and industrial processes. The future outlook for the
Dust Absorption System Market Analysis Forecast 2023-2029 Global Industry Demand …
Dust Absorption System Market 2023 is an all-inclusive, proficient report provides an in-detail analysis of extensive drivers, challenges, restraints, opportunities, present market trends and approach influencing the Dust Absorption System Market industry together with projections and forecast to 2029. Dust Absorption System Market research study covers processing technique, investment plan, services as well as network management. The report additionally predicts future growth of The Dust Absorption System Market across the
Absorption Tubes Market 2022 | Detailed Report
Global Absorption Tubes Market 2022-2028, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team. Download FREE Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=5495058 The report provides a
2022 Atomic Absorption Spectroscopy Market | Detailed Report
Global Atomic Absorption Spectroscopy Market 2021-2027, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team. Download FREE Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=5335828 The report provides