Top Absorption Chillers Companies

In 2024, the global absorption chillers industry remains highly competitive, with both established players and emerging innovators striving to expand their global footprint through strategic partnerships, technological advancements, and sustainability-focused product development. In March 2024, Trane Technologies collaborated with BASF to co-develop next-generation absorption chillers using low-global warming potential (GWP) refrigerants. This strategic partnership aims to combine Trane’s HVAC expertise with BASF’s advanced chemical solutions to enhance energy efficiency and reduce the environmental impact of large-scale cooling systems. The collaboration also focuses on integrating IoT-enabled monitoring to provide real-time performance analytics and predictive maintenance, positioning the companies as leaders in sustainable cooling solutions.

The absorption chillers market is seeing a rise in innovative startups that are focused on providing sustainable cooling solutions. These startups aim to cater to the growing demand for energy-efficient HVAC systems, particularly in commercial sectors such as office buildings, data centers, and healthcare facilities. By leveraging renewable energy sources like solar power and waste heat, these startups are developing advanced absorption chillers that offer both energy savings and reduced environmental impact.

• Ice Energy (Founded in 2017): Ice Energy focuses on providing sustainable cooling solutions using ice storage technology. Their goal is to reduce the energy consumption of air conditioning systems by shifting energy use to off-peak hours, thus improving energy efficiency and lowering costs for commercial buildings and industrial applications.

• Glen Dimplex Thermal Solutions (Founded in 2018): Glen Dimplex specializes in high-efficiency absorption chillers and heat pumps. Their mission is to provide environmentally friendly solutions to the HVAC industry, focusing on reducing the carbon footprint and promoting the use of renewable energy sources like solar and geothermal systems in commercial and industrial cooling applications.

Top Player’s Company Profiles

• Carrier Corporation

• Daikin Industries

• Johnson Controls

• Trane Technologies

• Thermax Ltd.

• Broad Air Conditioning

• Hitachi Appliances

• Midea Group

• Robur Corporation

• Shuangliang Eco-Energy Systems

• LG Electronics

• Yazaki Energy Systems Inc.