NEW YORK — Persistent Market Research released its analysis of the future in the absorption chillers market. In the coming years, the market is projected to display a positive outlook.
The market value is expected to increase at a moderate pace over the forecast period. Based on the technology adopted, double-stage chillers are anticipated to account for substantial share throughout the forecast period, which ends in 2029. The market is predicted to grow at a compound annual growth rate of 4 percent.