Global Scroll and Absorption Chillers Market was valued US$ 6.2Bn in 2017, and expected to reach US$ 9.2Bn in 2026, at CAGR of 5.06% during forecast period.
Global Scroll and Absorption Chillers Market
Driving factor of the scroll and absorption chillers market is the increasing awareness regarding the need for energy conservation, so making initiatives to develop energy-efficient scroll and absorption chillers.
The rising electricity costs and shortfalls of electricity are the major factors that are driving the market. Numerous industries such as chemicals, printing, & plastic are prioritizing chiller optimization as their main goal due to the low maintenance costs, low electric energy use, eligibility for electric utility rebate, and so on. This factor is expected to remain moderately important during the forecast period.
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