Worldwide Absorption Chillers Market: Asia Pacific Is Expected to Remain Largest Market for Absorption Chillers, Reaching Value of US$ 387.4 Mn in 2016
According to the latest market report published by Persistence Market Research, titled "Global Market Study on Absorption Chillers: Increasing Demand for Renewable Energy Based Air-conditioning Systems to Drive Growth during Forecast Period. Global demand for absorption chillers market is estimated to reach 12,203 units in 2016, up from 11,875 units in 2015. Demand is expected to be impeded by lacking technical know-how regarding absorption chillers maintenance and high installation cost, thereby leading to longer payback period.
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