Global Absorption Chillers Market to Reach $1.7 Billion by 2030

2023-03-16 16:28:52 By : Mr. Kaigong Zhan

NEW YORK , March 13, 2023 /PRNewswire/ -- The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet. Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China's already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

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Global Absorption Chillers Market to Reach $1.7 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Absorption Chillers estimated at US$1.4 Billion in the year 2022, is projected to reach a revised size of US$1.7 Billion by 2030, growing at aCAGR of 2.6% over the period 2022-2030. HVAC, one of the segments analyzed in the report, is projected to record 2.2% CAGR and reach US$1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Industrial segment is readjusted to a revised 3.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $381 Million , While China is Forecast to Grow at 5.2% CAGR

The Absorption Chillers market in the U.S. is estimated at US$381 Million in the year 2022. China , the world`s second largest economy, is forecast to reach a projected market size of US$333.3 Million by the year 2030 trailing a CAGR of 5.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada , each forecast to grow at 0.2% and 1.5% respectively over the 2022-2030 period. Within Europe , Germany is forecast to grow at approximately 0.8% CAGR.

- Ebara Refrigeration Equipment & Systems Co., Ltd.

- Shuangliang Eco-Energy Systems Co., Ltd.

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Absorption Chillers: Providing Eco-friendly and Useful Cooling

through Re-use of Low Temperature Waste Energy

The Urgent Need to Replace Compressor-Based Cooling Systems

Absorption Chillers Superiority over Traditional Compression

Market Fortunes Intrinsically Tied to the Overall Chillers

Asia-Pacific Continues to Dominate the Global Market, Also

Continued Recovery in Global GDP & Manufacturing PMI Signals

Despite Slowdown in Economic Growth, China Continues to

Dominate Global Sales of Absorption Chillers

Absorption Chillers - Global Key Competitors Percentage Market

Impact of Covid-19 and a Looming Global Recession

Competitive Market Presence - Strong/Active/Niche/Trivial for

Broad Air Conditioning Co., Ltd. (China )

Ebara Refrigeration Equipment & Systems Co., Ltd. (Japan )

Johnson Controls International Plc (Ireland )

Shuangliang Eco-Energy Systems Co., Ltd. (China )

Robur S.p.A. (Italy )

Worldenergy Absorption Chillers Europe Ltd. (Ireland /Korea)

Yazaki Energy Systems Inc. (USA )

Focus on Achieving Energy Efficiencies Make Absorption Chillers

the Perfect Candidate for CHP/Cogeneration Systems

Lower Operational Costs and Better Power Reliability Spur

Demand for Absorption Chiller Based CHP in Data Centers

Steady Demand from Various End-use Applications Drive Healthy

Market Growth for Absorption Chillers

Sophisticated Technologies for Absorption Chillers Improve

Absorption Chillers Provide a ?Green? Strategy for Various

Growing Adoption of Trigeneration and Quattrogeneration

Lithium Bromide Absorption Chillers: Preferred Cooling Solution

Rise in Electricity Usage for Industrial, Commercial, and

Residential Cooling Drives Demand for the Energy-Efficient

Environmental Concerns Drive Business Case for Absorption Chillers

Kyoto Protocol Implementation Augurs Well for Solar & Waste

Indirect Fired Absorption Chillers: The Best Bet for

Favorable Government Initiatives & Regulatory Measures Lends

Surging Energy Consumption Propels Demand for Absorption Chillers

Focus on Reducing Energy Costs Bodes Well for Absorption Chillers

Urbanization: A Mega Trend Spurring Demand for Cooling Solutions

Industry Promotional & Marketing Efforts Benefit the Market

Demonstration Projects: A Launch Pad for Absorption Chillers

Training and Marketing Initiatives to Foster Awareness Levels

Key Concerns & Challenges Hampering Market Prospects for

Stiff Competition from Popular Chiller Categories

Robust Increase in Sales of Centrifugal Chillers

Less Efficient in Comparison with Mechanical Chillers

Low Thermal Efficiency of Single Effect Systems

Requirement of Higher Pump Energy

Risks Due to Air Leaks

Two-Step E/A Technology Enhance Performance of Single Effect

and Double Effect Absorption Chillers

Smart Chillers: A Key Enabler of Connected Buildings

Small Size Ammonia Water Absorption Chillers with Higher COP

Water-Cooled Technology Lowers Operational Costs

Triple-Effect Absorption Chillers: An Upcoming Technology

Modular Micro-Channel Chillers Provide Significant Energy Savings

Table 1: World Recent Past, Current & Future Analysis for

Absorption Chillers by Geographic Region - USA , Canada , Japan ,

China , Europe , Asia-Pacific , Latin America , Middle East and

Africa Markets - Independent Analysis of Annual Sales in US$

Thousand for Years 2022 through 2030 and % CAGR

Table 2: World 8-Year Perspective for Absorption Chillers by

Geographic Region - Percentage Breakdown of Value Sales for

USA , Canada , Japan , China , Europe , Asia-Pacific , Latin America ,

Middle East and Africa Markets for Years 2023 & 2030

Table 3: World Recent Past, Current & Future Analysis for

Absorption Chillers by Geographic Region - USA , Canada , Japan ,

China , Europe , Asia-Pacific , Latin America , Middle East and

Africa Markets - Independent Analysis of Annual Sales in US$

Thousand for Years 2022 through 2030 and % CAGR

Table 4: World 8-Year Perspective for Absorption Chillers by

Geographic Region - Percentage Breakdown of Value Sales for

USA , Canada , Japan , China , Europe , Asia-Pacific , Latin America ,

Middle East and Africa for Years 2023 & 2030

Table 5: World Recent Past, Current & Future Analysis for HVAC

by Geographic Region - USA , Canada , Japan , China , Europe ,

Asia-Pacific , Latin America , Middle East and Africa Markets -

Independent Analysis of Annual Sales in US$ Thousand for Years

Table 6: World 8-Year Perspective for HVAC by Geographic Region -

Percentage Breakdown of Value Sales for USA , Canada , Japan ,

China , Europe , Asia-Pacific , Latin America , Middle East and

Table 7: World Recent Past, Current & Future Analysis for

Industrial by Geographic Region - USA , Canada , Japan , China ,

Europe , Asia-Pacific , Latin America , Middle East and Africa

Markets - Independent Analysis of Annual Sales in US$ Thousand

for Years 2022 through 2030 and % CAGR

Table 8: World 8-Year Perspective for Industrial by Geographic

Region - Percentage Breakdown of Value Sales for USA , Canada ,

Japan , China , Europe , Asia-Pacific , Latin America , Middle East

and Africa for Years 2023 & 2030

Table 9: World Absorption Chillers Market Analysis of Annual

Sales in US$ Thousand for Years 2014 through 2030

Absorption Chillers Market Presence - Strong/Active/Niche/

Trivial - Key Competitors in the United States for 2023 (E)

Table 10: USA Recent Past, Current & Future Analysis for

Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 11: USA 8-Year Perspective for Absorption Chillers by

Segment - Percentage Breakdown of Value Sales for Absorption

Chillers for the Years 2023 & 2030

Table 12: USA Recent Past, Current & Future Analysis for

Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 13: USA 8-Year Perspective for Absorption Chillers by

Application - Percentage Breakdown of Value Sales for HVAC and

Industrial for the Years 2023 & 2030

Table 14: Canada Recent Past, Current & Future Analysis for

Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 15: Canada 8-Year Perspective for Absorption Chillers by

Segment - Percentage Breakdown of Value Sales for Absorption

Chillers for the Years 2023 & 2030

Table 16: Canada Recent Past, Current & Future Analysis for

Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 17: Canada 8-Year Perspective for Absorption Chillers by

Application - Percentage Breakdown of Value Sales for HVAC and

Industrial for the Years 2023 & 2030

Absorption Chillers Market Presence - Strong/Active/Niche/

Trivial - Key Competitors in Japan for 2023 (E)

Table 18: Japan Recent Past, Current & Future Analysis for

Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 19: Japan 8-Year Perspective for Absorption Chillers by

Segment - Percentage Breakdown of Value Sales for Absorption

Chillers for the Years 2023 & 2030

Table 20: Japan Recent Past, Current & Future Analysis for

Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 21: Japan 8-Year Perspective for Absorption Chillers by

Application - Percentage Breakdown of Value Sales for HVAC and

Industrial for the Years 2023 & 2030

Absorption Chillers Market Presence - Strong/Active/Niche/

Trivial - Key Competitors in China for 2023 (E)

Table 22: China Recent Past, Current & Future Analysis for

Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 23: China 8-Year Perspective for Absorption Chillers by

Segment - Percentage Breakdown of Value Sales for Absorption

Chillers for the Years 2023 & 2030

Table 24: China Recent Past, Current & Future Analysis for

Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 25: China 8-Year Perspective for Absorption Chillers by

Application - Percentage Breakdown of Value Sales for HVAC and

Industrial for the Years 2023 & 2030

Absorption Chillers Market Presence - Strong/Active/Niche/

Trivial - Key Competitors in Europe for 2023 (E)

Table 26: Europe Recent Past, Current & Future Analysis for

Absorption Chillers by Geographic Region - France , Germany ,

Italy , UK, Spain , Russia and Rest of Europe Markets -

Independent Analysis of Annual Sales in US$ Thousand for Years

Table 27: Europe 8-Year Perspective for Absorption Chillers by

Geographic Region - Percentage Breakdown of Value Sales for

France , Germany , Italy , UK, Spain , Russia and Rest of Europe

Table 28: Europe Recent Past, Current & Future Analysis for

Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 29: Europe 8-Year Perspective for Absorption Chillers by

Segment - Percentage Breakdown of Value Sales for Absorption

Chillers for the Years 2023 & 2030

Table 30: Europe Recent Past, Current & Future Analysis for

Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 31: Europe 8-Year Perspective for Absorption Chillers by

Application - Percentage Breakdown of Value Sales for HVAC and

Industrial for the Years 2023 & 2030

Absorption Chillers Market Presence - Strong/Active/Niche/

Trivial - Key Competitors in France for 2023 (E)

Table 32: France Recent Past, Current & Future Analysis for

Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 33: France 8-Year Perspective for Absorption Chillers by

Segment - Percentage Breakdown of Value Sales for Absorption

Chillers for the Years 2023 & 2030

Table 34: France Recent Past, Current & Future Analysis for

Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 35: France 8-Year Perspective for Absorption Chillers by

Application - Percentage Breakdown of Value Sales for HVAC and

Industrial for the Years 2023 & 2030

Absorption Chillers Market Presence - Strong/Active/Niche/

Trivial - Key Competitors in Germany for 2023 (E)

Table 36: Germany Recent Past, Current & Future Analysis for

Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 37: Germany 8-Year Perspective for Absorption Chillers by

Segment - Percentage Breakdown of Value Sales for Absorption

Chillers for the Years 2023 & 2030

Table 38: Germany Recent Past, Current & Future Analysis for

Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 39: Germany 8-Year Perspective for Absorption Chillers by

Application - Percentage Breakdown of Value Sales for HVAC and

Industrial for the Years 2023 & 2030

Table 40: Italy Recent Past, Current & Future Analysis for

Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 41: Italy 8-Year Perspective for Absorption Chillers by

Segment - Percentage Breakdown of Value Sales for Absorption

Chillers for the Years 2023 & 2030

Table 42: Italy Recent Past, Current & Future Analysis for

Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 43: Italy 8-Year Perspective for Absorption Chillers by

Application - Percentage Breakdown of Value Sales for HVAC and

Industrial for the Years 2023 & 2030

Absorption Chillers Market Presence - Strong/Active/Niche/

Trivial - Key Competitors in the United Kingdom for 2023 (E)

Table 44: UK Recent Past, Current & Future Analysis for

Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 45: UK 8-Year Perspective for Absorption Chillers by

Segment - Percentage Breakdown of Value Sales for Absorption

Chillers for the Years 2023 & 2030

Table 46: UK Recent Past, Current & Future Analysis for

Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 47: UK 8-Year Perspective for Absorption Chillers by

Application - Percentage Breakdown of Value Sales for HVAC and

Industrial for the Years 2023 & 2030

Table 48: Spain Recent Past, Current & Future Analysis for

Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 49: Spain 8-Year Perspective for Absorption Chillers by

Segment - Percentage Breakdown of Value Sales for Absorption

Chillers for the Years 2023 & 2030

Table 50: Spain Recent Past, Current & Future Analysis for

Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 51: Spain 8-Year Perspective for Absorption Chillers by

Application - Percentage Breakdown of Value Sales for HVAC and

Industrial for the Years 2023 & 2030

Table 52: Russia Recent Past, Current & Future Analysis for

Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 53: Russia 8-Year Perspective for Absorption Chillers by

Segment - Percentage Breakdown of Value Sales for Absorption

Chillers for the Years 2023 & 2030

Table 54: Russia Recent Past, Current & Future Analysis for

Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 55: Russia 8-Year Perspective for Absorption Chillers by

Application - Percentage Breakdown of Value Sales for HVAC and

Industrial for the Years 2023 & 2030

Table 56: Rest of Europe Recent Past, Current & Future Analysis

for Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 57: Rest of Europe 8-Year Perspective for Absorption

Chillers by Segment - Percentage Breakdown of Value Sales for

Absorption Chillers for the Years 2023 & 2030

Table 58: Rest of Europe Recent Past, Current & Future Analysis

for Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 59: Rest of Europe 8-Year Perspective for Absorption

Chillers by Application - Percentage Breakdown of Value Sales

for HVAC and Industrial for the Years 2023 & 2030

Absorption Chillers Market Presence - Strong/Active/Niche/

Trivial - Key Competitors in Asia-Pacific for 2023 (E)

Table 60: Asia-Pacific Recent Past, Current & Future Analysis

for Absorption Chillers by Geographic Region - Australia ,

India , South Korea and Rest of Asia-Pacific Markets -

Independent Analysis of Annual Sales in US$ Thousand for Years

Table 61: Asia-Pacific 8-Year Perspective for Absorption

Chillers by Geographic Region - Percentage Breakdown of Value

Sales for Australia , India , South Korea and Rest of

Asia-Pacific Markets for Years 2023 & 2030

Table 62: Asia-Pacific Recent Past, Current & Future Analysis

for Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 63: Asia-Pacific 8-Year Perspective for Absorption

Chillers by Segment - Percentage Breakdown of Value Sales for

Absorption Chillers for the Years 2023 & 2030

Table 64: Asia-Pacific Recent Past, Current & Future Analysis

for Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 65: Asia-Pacific 8-Year Perspective for Absorption

Chillers by Application - Percentage Breakdown of Value Sales

for HVAC and Industrial for the Years 2023 & 2030

Absorption Chillers Market Presence - Strong/Active/Niche/

Trivial - Key Competitors in Australia for 2023 (E)

Table 66: Australia Recent Past, Current & Future Analysis for

Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 67: Australia 8-Year Perspective for Absorption Chillers

by Segment - Percentage Breakdown of Value Sales for Absorption

Chillers for the Years 2023 & 2030

Table 68: Australia Recent Past, Current & Future Analysis for

Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 69: Australia 8-Year Perspective for Absorption Chillers

by Application - Percentage Breakdown of Value Sales for HVAC

and Industrial for the Years 2023 & 2030

Absorption Chillers Market Presence - Strong/Active/Niche/

Trivial - Key Competitors in India for 2023 (E)

Table 70: India Recent Past, Current & Future Analysis for

Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 71: India 8-Year Perspective for Absorption Chillers by

Segment - Percentage Breakdown of Value Sales for Absorption

Chillers for the Years 2023 & 2030

Table 72: India Recent Past, Current & Future Analysis for

Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 73: India 8-Year Perspective for Absorption Chillers by

Application - Percentage Breakdown of Value Sales for HVAC and

Industrial for the Years 2023 & 2030

Table 74: South Korea Recent Past, Current & Future Analysis

for Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 75: South Korea 8-Year Perspective for Absorption

Chillers by Segment - Percentage Breakdown of Value Sales for

Absorption Chillers for the Years 2023 & 2030

Table 76: South Korea Recent Past, Current & Future Analysis

for Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 77: South Korea 8-Year Perspective for Absorption

Chillers by Application - Percentage Breakdown of Value Sales

for HVAC and Industrial for the Years 2023 & 2030

Table 78: Rest of Asia-Pacific Recent Past, Current & Future

Analysis for Absorption Chillers by Segment - Absorption

Chillers - Independent Analysis of Annual Sales in US$ Thousand

for the Years 2022 through 2030 and % CAGR

Table 79: Rest of Asia-Pacific 8-Year Perspective for

Absorption Chillers by Segment - Percentage Breakdown of Value

Sales for Absorption Chillers for the Years 2023 & 2030

Table 80: Rest of Asia-Pacific Recent Past, Current & Future

Analysis for Absorption Chillers by Application - HVAC and

Industrial - Independent Analysis of Annual Sales in US$

Thousand for the Years 2022 through 2030 and % CAGR

Table 81: Rest of Asia-Pacific 8-Year Perspective for

Absorption Chillers by Application - Percentage Breakdown of

Value Sales for HVAC and Industrial for the Years 2023 & 2030

Absorption Chillers Market Presence - Strong/Active/Niche/

Trivial - Key Competitors in Latin America for 2023 (E)

Table 82: Latin America Recent Past, Current & Future Analysis

for Absorption Chillers by Geographic Region - Argentina ,

Brazil , Mexico and Rest of Latin America Markets - Independent

Analysis of Annual Sales in US$ Thousand for Years 2022 through

Table 83: Latin America 8-Year Perspective for Absorption

Chillers by Geographic Region - Percentage Breakdown of Value

Sales for Argentina , Brazil , Mexico and Rest of Latin America

Table 84: Latin America Recent Past, Current & Future Analysis

for Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 85: Latin America 8-Year Perspective for Absorption

Chillers by Segment - Percentage Breakdown of Value Sales for

Absorption Chillers for the Years 2023 & 2030

Table 86: Latin America Recent Past, Current & Future Analysis

for Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 87: Latin America 8-Year Perspective for Absorption

Chillers by Application - Percentage Breakdown of Value Sales

for HVAC and Industrial for the Years 2023 & 2030

Table 88: Argentina Recent Past, Current & Future Analysis for

Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 89: Argentina 8-Year Perspective for Absorption Chillers

by Segment - Percentage Breakdown of Value Sales for Absorption

Chillers for the Years 2023 & 2030

Table 90: Argentina Recent Past, Current & Future Analysis for

Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 91: Argentina 8-Year Perspective for Absorption Chillers

by Application - Percentage Breakdown of Value Sales for HVAC

and Industrial for the Years 2023 & 2030

Table 92: Brazil Recent Past, Current & Future Analysis for

Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 93: Brazil 8-Year Perspective for Absorption Chillers by

Segment - Percentage Breakdown of Value Sales for Absorption

Chillers for the Years 2023 & 2030

Table 94: Brazil Recent Past, Current & Future Analysis for

Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 95: Brazil 8-Year Perspective for Absorption Chillers by

Application - Percentage Breakdown of Value Sales for HVAC and

Industrial for the Years 2023 & 2030

Table 96: Mexico Recent Past, Current & Future Analysis for

Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 97: Mexico 8-Year Perspective for Absorption Chillers by

Segment - Percentage Breakdown of Value Sales for Absorption

Chillers for the Years 2023 & 2030

Table 98: Mexico Recent Past, Current & Future Analysis for

Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 99: Mexico 8-Year Perspective for Absorption Chillers by

Application - Percentage Breakdown of Value Sales for HVAC and

Industrial for the Years 2023 & 2030

Table 100: Rest of Latin America Recent Past, Current & Future

Analysis for Absorption Chillers by Segment - Absorption

Chillers - Independent Analysis of Annual Sales in US$ Thousand

for the Years 2022 through 2030 and % CAGR

Table 101: Rest of Latin America 8-Year Perspective for

Absorption Chillers by Segment - Percentage Breakdown of Value

Sales for Absorption Chillers for the Years 2023 & 2030

Table 102: Rest of Latin America Recent Past, Current & Future

Analysis for Absorption Chillers by Application - HVAC and

Industrial - Independent Analysis of Annual Sales in US$

Thousand for the Years 2022 through 2030 and % CAGR

Table 103: Rest of Latin America 8-Year Perspective for

Absorption Chillers by Application - Percentage Breakdown of

Value Sales for HVAC and Industrial for the Years 2023 & 2030

Absorption Chillers Market Presence - Strong/Active/Niche/

Trivial - Key Competitors in Middle East for 2023 (E)

Table 104: Middle East Recent Past, Current & Future Analysis

for Absorption Chillers by Geographic Region - Iran , Israel ,

Saudi Arabia , UAE and Rest of Middle East Markets - Independent

Analysis of Annual Sales in US$ Thousand for Years 2022 through

Table 105: Middle East 8-Year Perspective for Absorption

Chillers by Geographic Region - Percentage Breakdown of Value

Sales for Iran , Israel , Saudi Arabia , UAE and Rest of Middle

East Markets for Years 2023 & 2030

Table 106: Middle East Recent Past, Current & Future Analysis

for Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 107: Middle East 8-Year Perspective for Absorption

Chillers by Segment - Percentage Breakdown of Value Sales for

Absorption Chillers for the Years 2023 & 2030

Table 108: Middle East Recent Past, Current & Future Analysis

for Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 109: Middle East 8-Year Perspective for Absorption

Chillers by Application - Percentage Breakdown of Value Sales

for HVAC and Industrial for the Years 2023 & 2030

Table 110: Iran Recent Past, Current & Future Analysis for

Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 111: Iran 8-Year Perspective for Absorption Chillers by

Segment - Percentage Breakdown of Value Sales for Absorption

Chillers for the Years 2023 & 2030

Table 112: Iran Recent Past, Current & Future Analysis for

Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 113: Iran 8-Year Perspective for Absorption Chillers by

Application - Percentage Breakdown of Value Sales for HVAC and

Industrial for the Years 2023 & 2030

Table 114: Israel Recent Past, Current & Future Analysis for

Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 115: Israel 8-Year Perspective for Absorption Chillers by

Segment - Percentage Breakdown of Value Sales for Absorption

Chillers for the Years 2023 & 2030

Table 116: Israel Recent Past, Current & Future Analysis for

Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 117: Israel 8-Year Perspective for Absorption Chillers by

Application - Percentage Breakdown of Value Sales for HVAC and

Industrial for the Years 2023 & 2030

Table 118: Saudi Arabia Recent Past, Current & Future Analysis

for Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 119: Saudi Arabia 8-Year Perspective for Absorption

Chillers by Segment - Percentage Breakdown of Value Sales for

Absorption Chillers for the Years 2023 & 2030

Table 120: Saudi Arabia Recent Past, Current & Future Analysis

for Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 121: Saudi Arabia 8-Year Perspective for Absorption

Chillers by Application - Percentage Breakdown of Value Sales

for HVAC and Industrial for the Years 2023 & 2030

Table 122: UAE Recent Past, Current & Future Analysis for

Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 123: UAE 8-Year Perspective for Absorption Chillers by

Segment - Percentage Breakdown of Value Sales for Absorption

Chillers for the Years 2023 & 2030

Table 124: UAE Recent Past, Current & Future Analysis for

Absorption Chillers by Application - HVAC and Industrial -

Independent Analysis of Annual Sales in US$ Thousand for the

Table 125: UAE 8-Year Perspective for Absorption Chillers by

Application - Percentage Breakdown of Value Sales for HVAC and

Industrial for the Years 2023 & 2030

Table 126: Rest of Middle East Recent Past, Current & Future

Analysis for Absorption Chillers by Segment - Absorption

Chillers - Independent Analysis of Annual Sales in US$ Thousand

for the Years 2022 through 2030 and % CAGR

Table 127: Rest of Middle East 8-Year Perspective for

Absorption Chillers by Segment - Percentage Breakdown of Value

Sales for Absorption Chillers for the Years 2023 & 2030

Table 128: Rest of Middle East Recent Past, Current & Future

Analysis for Absorption Chillers by Application - HVAC and

Industrial - Independent Analysis of Annual Sales in US$

Thousand for the Years 2022 through 2030 and % CAGR

Table 129: Rest of Middle East 8-Year Perspective for

Absorption Chillers by Application - Percentage Breakdown of

Value Sales for HVAC and Industrial for the Years 2023 & 2030

Absorption Chillers Market Presence - Strong/Active/Niche/

Trivial - Key Competitors in Africa for 2023 (E)

Table 130: Africa Recent Past, Current & Future Analysis for

Absorption Chillers by Segment - Absorption Chillers -

Independent Analysis of Annual Sales in US$ Thousand for the

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Oil prices have fallen sharply in recent days amid growing inventories and broad stresses following the failure of multiple U.S. banks.

(Bloomberg) -- As electric SUVs and sedans roll onto American highways, diesel still reigns supreme on US construction sites. But walk around the industry’s largest trade conference in Las Vegas this week, and the first signs of battery power have finally arrived.Most Read from BloombergCredit Suisse Reels After Top Shareholder Rules Out Raising StakeRyan Reynolds-Backed Mint Is Bought by T-Mobile for $1.35 BillionFirst Republic Bank Is Said to Weigh Options Including a SaleTraders Dash for Cove

Oil is breaking downward from a three-month sideways consolidation pattern. Here's what it means for the commodity and energy stocks.

Discount retailer Five Below, Inc. is scheduled to report their latest quarterly figures to shareholders Wednesday evening. Let's review the charts ahead of the numbers. In the daily bar chart of FIVE, below, I can see that the shares are testing the rising 50-day moving average line.

XOM stock is down 15% from February's all-time high. Did XOM get unduly punished during the bank crisis, giving investors a chance to buy?

U.S. oil prices dropped Wednesday to their lowest levels since December 2021 and energy stocks responded.

Grocery store giant Kroger has signed up to use autonomous trucks from Gatik to handle distribution in the Dallas region.

See who joins GOOGL on this screen of Warren Buffett stocks based on the investing strategy of Berkshire Hathaway's CEO.

(Bloomberg) -- Oil rose from the lowest close in 15 months after a three-day rout started by the US banking crisis and accelerated by options covering.Most Read from BloombergFirst Republic Bank Is Said to Weigh Options Including a SaleCredit Suisse Reels After Top Shareholder Rules Out Raising StakeRyan Reynolds-Backed Mint Is Bought by T-Mobile for $1.35 BillionIn New York City, a $100,000 Salary Feels Like $36,000Traders Dash for Cover as Bank Drama Rattles Globe: Markets WrapWest Texas Inter

Supply challenges contributed to the most volatile year on record for natural gas prices, and the volatility isn’t slowing down.

Investors are gravitating toward big technology stocks as banking crisis worries rock U.S. markets, hoping the shares are better positioned to withstand a possible economic downturn and will benefit from a steep drop in bond yields. As of Wednesday, the S&P 500 technology sector was down 1.7% compared to a 3.6% drop for the broader benchmark stock index since March 8, when problems at Silicon Valley Bank set off fears of financial system contagion. Among the big tech stocks, Apple Inc has fallen 1.5% over that time, while Microsoft Corp climbed 3.4% and Intel Corp rose over 7%.

BMW has thrown its weight behind hydrogen-powered vehicles as it said that electric cars will not work in some parts of the world.

(Bloomberg) -- West Texas Intermediate crude fell below $70 a barrel in New York for the first time since late 2021 as investors remain on edge after last week’s bank failures.Most Read from BloombergCredit Suisse Reels After Top Shareholder Rules Out Raising StakeRyan Reynolds-Backed Mint Is Bought by T-Mobile for $1.35 BillionSignature Bank Faced Criminal Probe Ahead of Firm’s CollapseBofA Gets More Than $15 Billion in Deposits After SVB FailsWall Street’s Fear Gauge Surges With Bank Jitters:

LONDON—A sharp drop in Credit Suisse Group AG’s stock is putting European bank regulations to the test. The Swiss lender’s meltdown Wednesday prompted European Central Bank officials to call banks it supervises to ask about their exposure to the bank, people familiar with the matter said. After Credit Suisse’s stock fell 31% Wednesday morning, investor fears about contagion drove a market rout that wiped out nearly $75 billion in the value of European bank stocks, according to an analysis by Dow Jones Market Data.

Meta plans to cut its workforce by another 10,000 people and withdraw around 5,000 open roles that it had yet to fill, company co-founder and CEO Mark Zuckerberg said Tuesday, confirming recent rumors that another round of layoffs was imminent. Zuckerberg also said that the company will cancel "lower priority projects," adding that he "underestimated the indirect costs" associated with these initiatives. The announcement comes just four months after Meta revealed that it was eliminating about 11,000 roles as the social networking giant pushes ahead with what it's calling a "year of efficiency."

(Bloomberg) -- Oil closed at a 15-month low as a wave of technical selling and options covering accelerated a three-day slide.Most Read from BloombergCredit Suisse Reels After Top Shareholder Rules Out Raising StakeRyan Reynolds-Backed Mint Is Bought by T-Mobile for $1.35 BillionFirst Republic Bank Is Said to Weigh Options Including a SaleIn New York City, a $100,000 Salary Feels Like $36,000Traders Dash for Cover as Bank Drama Rattles Globe: Markets WrapThe US benchmark plunged more than 5% Tue

(Bloomberg) -- Canadian Pacific Railway Ltd. received a green light to complete its $27 billion acquisition of Kansas City Southern, overcoming opposition from shippers and creating the only rail operator serving the US, Canada and Mexico.Most Read from BloombergCredit Suisse Reels After Top Shareholder Rules Out Raising StakeRyan Reynolds-Backed Mint Is Bought by T-Mobile for $1.35 BillionTraders Dash for Cover as Bank Drama Rattles Globe: Markets WrapBofA Gets More Than $15 Billion in Deposits

Nokian Tyres said on Tuesday it had been informed that Russia's Governmental Commission on Monitoring Foreign Investment has approved the Finnish group's sale of its Russian operations to PJSC Tatneft. Nokian Tyres last year said it would sell the Russian tyre making business in response to the war in Ukraine. The price approved by the Russian commission corresponds to 286 million euros ($306.85 million), Nokian Tyres said on Tuesday, significantly less than the 400 million euros that the group originally expected when a deal was first announced in October.

The cartel left its forecasts for global oil-demand growth this year steady as growing optimism about China’s demand for crude oil was countered by concerns about the economic picture in the U.S. and Europe.