ABSORPTION CHILLERS MARKET ANALYSIS

Absorption Chillers Market, By Product (Single-Effect Absorption Chillers, Double-Effect Absorption Chillers, and Triple-Effect Absorption Chillers), By Energy Source (Natural Gas, Steam, Hot Water, and Others (Solar, Waste Heat, etc.)), By Application (Commercial, Industrial, Residential, and Others (District Cooling, etc.)), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

In June 2024, Johnson Controls, a global leader in building technologies and solutions, announced that its YORK YHAU-CGN Direct Fired Absorption Chiller-Heater won the silver award in the Consulting-Specifying Engineer's annual Product of the Year honors. This recognition highlights the chiller-heater's innovative design and performance in the industry.
In December 2023, Ebara Refrigeration Systems, a Tokyo-based manufacturer and leader in refrigeration technology, announced the development of the world’s first hydrogen-powered absorption chiller/heater. This innovative system is designed to reduce annual CO2 emissions by 94% compared to traditional gas systems. Notably, hydrogen can be directly combusted for use without the need for conversion into power or electricity.
In June 2023, Johnson Controls, a global leader in smart, healthy, and sustainable building solutions, announced its acquisition of M&M Carnot, a prominent provider of natural refrigeration solutions with ultra-low global warming potential (GWP). This acquisition aims to enhance Johnson Controls' portfolio in sustainable refrigeration technologies, enabling better service to its growing customer base.