The published study by trend market research has developed comprehensive forecast on the global absorption chiller market
BriefingWire.com, 5/07/2021 -
Depending upon the heat source assistance, an absorption chiller produce chilled water. Trends market research has published a report, where it is expected that global market for absorption chillers is likely to witness a significant growth at CAGR of 6.4% through the forecast period, 2018-2026. It is also added in the analysis that global market for absorption chillers is predicted to share around US$ 1.2 Bn sales revenue in 2018.
Global Absorption Chillers Market: Dynamics
The published study by trend market research has developed comprehensive forecast on the global absorption chiller market. The in-depth analysis has listed a range of factors that are driving the adoption of absorption chiller in the market. Besides, the latest trends, opportunities and restraints are also discussed in the report. Owing to the growing demand for the renewable energy sources, the primary sources are utilizing more efficiently in different connected applications are also rising robustly. These two factors are gearing up the market for growing rapidly in the approaching years. Besides, the solar energy is empowering the absorption chillers for various utilities, which plays as a driver in the market for developing vigorously.