Global Absorption Cooling Device
Market Report
2025
Delivery Includes:- Market Timeline 2021 till 2033, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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"Global Absorption Cooling Device market size 2025 is $1558.2 Million whereas according out published study it will reach to $2427.9 Million by 2033. Absorption Cooling Device market will be growing at a CAGR of 5.7% during 2025 to 2033."
As per the current market study, out of 1558.2 Million USD global market revenue 2025, North America market holds 29.24% of the market share. The North America Absorption Cooling Device industry grew from 354.429 Million USD in 2021 to 455.687 Million USD in 2025 and will record 77.78% growth. In coming future this industry will reach 730.693 Million by 2033 with a 6.08% CAGR. If we look at the percentage market shares of top North America countries for 2025,United States (66.51%), Canada (13.26%), Mexico (20.23%)
As per the current market study, out of 1558.2 Million USD global market revenue 2025, Europe market holds 18.33% of the market share. The Europe Absorption Cooling Device industry grew from 233.44 Million USD in 2021 to 285.624 Million USD in 2025 and will record 81.73% growth. In coming future this industry will reach 435.81 Million by 2033 with a 5.424% CAGR. If we look at the percentage market shares of top Europe countries for 2025,United Kingdom (7.83%), Germany (16.98%), France (5.96%), Italy (9.85%), Russia (14.30%), Spain (4.02%), Sweden (2.19%), Denmark (5.08%), Switzerland (3.29%), Luxembourg (4.27%), Rest of Europe (26.23%)
As per the current market study, out of 1558.2 Million USD global market revenue 2025, Asia Pacific market holds 21.77% of the market share. The Asia Pacific Absorption Cooling Device industry grew from 280.128 Million USD in 2021 to 339.228 Million USD in 2025 and will record 82.58% growth. In coming future this industry will reach 512.047 Million by 2033 with a 5.282% CAGR. If we look at the percentage market shares of top Asia Pacific countries for 2025,China (20.38%), Japan (18.76%), India (14.72%), South Korea (4.15%), Australia (3.09%), Singapore (4.18%), South East Asia (4.46%), Taiwan (4.00%), Rest of APAC (26.26%)
As per the current market study, out of 1558.2 Million USD global market revenue 2025, South America market holds 4.52% of the market share. The South America Absorption Cooling Device industry grew from 55.052 Million USD in 2021 to 70.432 Million USD in 2025 and will record 78.16% growth. In coming future this industry will reach 112.412 Million by 2033 with a 6.018% CAGR. If we look at the percentage market shares of top South America countries for 2025,Brazil (31.84%), Argentina (19.09%), Colombia (8.83%), Peru (6.44%), Chile (5.12%), Rest of South America (28.68%)
As per the current market study, out of 1558.2 Million USD global market revenue 2025, Middle East market holds 2.09% of the market share. The Middle East Absorption Cooling Device industry grew from 26.215 Million USD in 2021 to 32.567 Million USD in 2025 and will record 80.50% growth. In coming future this industry will reach 50.501 Million by 2033 with a 5.637% CAGR. If we look at the percentage market shares of top Middle East countries for 2025,Saudi Arabia (23.61%), Turkey (15.63%), UAE (10.14%), Egypt (7.99%), Qatar (4.99%), Rest of Middle East (37.64%)
As per the current market study, out of 1558.2 Million USD global market revenue 2025, Africa market holds 24.05% of the market share. The Africa Absorption Cooling Device industry grew from 299.077 Million USD in 2021 to 374.697 Million USD in 2025 and will record 79.82% growth. In coming future this industry will reach 586.449 Million by 2033 with a 5.759% CAGR. If we look at the percentage market shares of top Africa countries for 2025,Nigeria (38.44%), South Africa (21.26%), Rest of Africa (40.30%)
2021 | 2025 | 2033 | CAGR | |
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Global Absorption Cooling Device Market Sales Revenue | $ 1248.3 Million | $ 1558.2 Million | $ 2427.9 Million | 5.7% |
North America Absorption Cooling Device Market Sales Revenue | $ 354.429 Million | $ 455.687 Million | $ 730.693 Million | 6.08% |
United States Absorption Cooling Device Market Sales Revenue | $ 228.872 Million | $ 303.087 Million | $ 500.155 Million | 6.461% |
Canada Absorption Cooling Device Market Sales Revenue | $ 48.195 Million | $ 60.415 Million | $ 94.392 Million | 5.736% |
Mexico Absorption Cooling Device Market Sales Revenue | $ 77.361 Million | $ 92.184 Million | $ 136.146 Million | 4.995% |
Europe Absorption Cooling Device Market Sales Revenue | $ 233.44 Million | $ 285.624 Million | $ 435.81 Million | 5.424% |
United Kingdom Absorption Cooling Device Market Sales Revenue | $ 17.998 Million | $ 22.364 Million | $ 34.647 Million | 5.624% |
Germany Absorption Cooling Device Market Sales Revenue | $ 39.265 Million | $ 48.499 Million | $ 74.741 Million | 5.555% |
France Absorption Cooling Device Market Sales Revenue | $ 14.123 Million | $ 17.023 Million | $ 25.582 Million | 5.223% |
Italy Absorption Cooling Device Market Sales Revenue | $ 23.344 Million | $ 28.134 Million | $ 42.274 Million | 5.222% |
Russia Absorption Cooling Device Market Sales Revenue | $ 32.892 Million | $ 40.844 Million | $ 63.236 Million | 5.616% |
Spain Absorption Cooling Device Market Sales Revenue | $ 9.478 Million | $ 11.482 Million | $ 17.345 Million | 5.292% |
Sweden Absorption Cooling Device Market Sales Revenue | $ 5.019 Million | $ 6.255 Million | $ 9.719 Million | 5.662% |
Denmark Absorption Cooling Device Market Sales Revenue | $ 11.999 Million | $ 14.51 Million | $ 21.921 Million | 5.293% |
Switzerland Absorption Cooling Device Market Sales Revenue | $ 7.704 Million | $ 9.397 Million | $ 14.251 Million | 5.343% |
Luxembourg Absorption Cooling Device Market Sales Revenue | $ 9.921 Million | $ 12.196 Million | $ 18.696 Million | 5.485% |
Rest of Europe Absorption Cooling Device Market Sales Revenue | $ 61.698 Million | $ 74.919 Million | $ 113.398 Million | 5.318% |
Asia Pacific Absorption Cooling Device Market Sales Revenue | $ 280.128 Million | $ 339.228 Million | $ 512.047 Million | 5.282% |
China Absorption Cooling Device Market Sales Revenue | $ 56.25 Million | $ 69.135 Million | $ 105.891 Million | 5.474% |
Japan Absorption Cooling Device Market Sales Revenue | $ 51.039 Million | $ 63.639 Million | $ 98.876 Million | 5.663% |
India Absorption Cooling Device Market Sales Revenue | $ 40.03 Million | $ 49.934 Million | $ 77.575 Million | 5.661% |
South Korea Absorption Cooling Device Market Sales Revenue | $ 11.905 Million | $ 14.078 Million | $ 20.687 Million | 4.929% |
Australia Absorption Cooling Device Market Sales Revenue | $ 8.488 Million | $ 10.482 Million | $ 16.129 Million | 5.535% |
Singapore Absorption Cooling Device Market Sales Revenue | $ 11.485 Million | $ 14.18 Million | $ 21.813 Million | 5.531% |
South East Asia Absorption Cooling Device Market Sales Revenue | $ 12.242 Million | $ 15.13 Million | $ 23.247 Million | 5.516% |
Taiwan Absorption Cooling Device Market Sales Revenue | $ 11.569 Million | $ 13.569 Million | $ 19.867 Million | 4.881% |
Rest of APAC Absorption Cooling Device Market Sales Revenue | $ 77.119 Million | $ 89.081 Million | $ 127.96 Million | 4.631% |
South America Absorption Cooling Device Market Sales Revenue | $ 55.052 Million | $ 70.432 Million | $ 112.412 Million | 6.018% |
Brazil Absorption Cooling Device Market Sales Revenue | $ 17.886 Million | $ 22.426 Million | $ 35.061 Million | 5.745% |
Argentina Absorption Cooling Device Market Sales Revenue | $ 10.306 Million | $ 13.446 Million | $ 21.887 Million | 6.28% |
Colombia Absorption Cooling Device Market Sales Revenue | $ 4.834 Million | $ 6.219 Million | $ 9.971 Million | 6.078% |
Peru Absorption Cooling Device Market Sales Revenue | $ 3.595 Million | $ 4.536 Million | $ 7.127 Million | 5.811% |
Chile Absorption Cooling Device Market Sales Revenue | $ 2.846 Million | $ 3.606 Million | $ 5.699 Million | 5.888% |
Rest of South America Absorption Cooling Device Market Sales Revenue | $ 15.585 Million | $ 20.2 Million | $ 32.667 Million | 6.193% |
Middle East Absorption Cooling Device Market Sales Revenue | $ 26.215 Million | $ 32.567 Million | $ 50.501 Million | 5.637% |
Saudi Arabia Absorption Cooling Device Market Sales Revenue | $ 6.381 Million | $ 7.689 Million | $ 11.555 Million | 5.223% |
Turkey Absorption Cooling Device Market Sales Revenue | $ 4.16 Million | $ 5.09 Million | $ 7.772 Million | 5.433% |
UAE Absorption Cooling Device Market Sales Revenue | $ 2.671 Million | $ 3.302 Million | $ 5.096 Million | 5.571% |
Egypt Absorption Cooling Device Market Sales Revenue | $ 2.158 Million | $ 2.602 Million | $ 3.909 Million | 5.218% |
Qatar Absorption Cooling Device Market Sales Revenue | $ 1.324 Million | $ 1.625 Million | $ 2.495 Million | 5.504% |
Rest of Middle East Absorption Cooling Device Market Sales Revenue | $ 9.521 Million | $ 12.258 Million | $ 19.675 Million | 6.093% |
Africa Absorption Cooling Device Market Sales Revenue | $ 299.077 Million | $ 374.697 Million | $ 586.449 Million | 5.759% |
Nigeria Absorption Cooling Device Market Sales Revenue | $ 116.7 Million | $ 144.033 Million | $ 221.971 Million | 5.555% |
South Africa Absorption Cooling Device Market Sales Revenue | $ 64.571 Million | $ 79.661 Million | $ 122.803 Million | 5.559% |
Rest of Africa Absorption Cooling Device Market Sales Revenue | $ 117.807 Million | $ 151.003 Million | $ 241.676 Million | 6.055% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Absorption Cooling Device industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
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Market Dynamics such as Drivers, Restraints, Opportunities, Trends data
The Machinery and Equipment industry is driven by rapid urbanization, technological advancements, and growing demand for AI and automation. The rising adoption of automation and energy-efficient solutions across industries is propelling market growth. Additionally, the growing construction of smart facilities and innovation in infrastructural development are contributing to market expansion.
However, the Absorption Cooling Device market faces restraints such as high initial capital investments, skilled labor shortages, and stringent regulations. The high capital and operational costs, complexity of operations, and high maintenance costs also impact market growth.
Despite these challenges, the Absorption Cooling Device market offers significant growth opportunities driven by government support, increasing investments, and rising adoption of AI-based technologies. The integration of robotics, IoT, and advanced emission control technologies are emerging trends in the market.
The is expected to witness significant growth, driven by changing preferences towards eco-friendly materials, digitalization, and remote monitoring. Overall, the pharmaceutical and healthcare market is poised for growth, driven by technological advancements, government support, and increasing demand for innovative solutions.
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The competitive analysis of the Machinery and Equipment industry offers detailed insights related to major companies operating in the Absorption Cooling Device market. The report offers detailed competitor analysis, brand mapping of major companies, focusing on key developments such as new product launches, product pipeline, brand analysis, geographic expansion, mergers and acquisitions, partnerships, and joint ventures. The report also provides an overview of each company’s operations, strategies, and financial performance, including revenue (in USD Million), gross margin (%), and market share (%) from 2021 to 2024. The competitor’s analysis includes SWOT analysis, which involves each company’s strengths, weaknesses, opportunities, and threats. The report also examines how companies have adapted to challenges like COVID-19, including changes to their supply chains, product offerings, and customer engagement. Other factors like technological progress, sustainability efforts, and competitive positioning are also covered to give a complete picture of the market. (Report will provide you with customized data, and detailed insight on purchase of paid version of the report)
Top Companies Market Share in Absorption Cooling Device Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Region and country analysis section of Absorption Cooling Device Industry Analysis has been segmented into 5 major region such as North America, Europe, Asia Pacific, Middle East & Africa ,and Latin America (along with respective major contributing countries) and provides the revenue share, current trends.
The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of Absorption Cooling Device market.
The current report Scope analyzes Absorption Cooling Device Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Absorption Cooling Device Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Absorption Cooling Device Industry growth. Absorption Cooling Device market has been segmented with the help of its Type, Application , and others. Absorption Cooling Device market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on the current trends and future market projects, Absorption Cooling Device market size is projected from 2019 to 2031, with both quantitative and qualitative analysis based on the Type segmentation analysis of the Absorption Cooling Device. This helps to understand the fastest-growing segments, such as industrial robots, electric motors, material handling systems, or construction equipment, and others. Type segment analysis gives detailed insights into the factors driving growth, such as technological innovations, automation, and energy efficiency. For instances segments like smart machinery and electric-powered equipment are becoming more popular as industries move towards sustainable and cost-effective solutions.
To better understand the performance of each Type segment, several factors are considered. These include technological advancements like IoT and AI integration, changes in consumer demand for more energy-efficient or customizable operation and pricing trends driven by raw material costs and labor. Regulatory impacts also play a role, especially with environmental and safety regulations. This type of analysis offers a clear view of how different types will evolve over time, helping businesses make smarter decisions on investments and strategies. (Report will provide you with customized data, and detailed insight on purchase of paid version of the report)
Type of Absorption Cooling Device analyzed in this report are as follows:
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This report provides a comprehensive forecast of revenue growth for the Absorption Cooling Device industry at the global, regional, and country levels, from 2019 to 2031. It includes a detailed analysis of the latest industry trends and identifies key opportunities for each Application segment of machinery and equipment. The analysis covers demand across various end-use industries, such as automotive, HVAC, construction, energy, and others. By examining these application segments, the report helps stakeholders understand the factors driving growth in specific sectors and identify high-potential areas for investment and innovation. To perform a thorough Application segment analysis, the report considers several key factors. These include industry-specific demand patterns, technological advancements in machinery, and regional growth trends that influence specific applications. Additional factors such as regulatory requirements, supply chain dynamics, end-user preferences, and market competition are also examined to assess how they impact the adoption and performance of machinery in different sectors. The analysis further includes confidential insights like value chain evaluation, patent trends, and company performance metrics (through a Company Evaluation Quadrant), providing a complete view of each application’s evolution within the machinery and equipment market. (Report will provide you with customized data, and detailed insight on purchase of paid version of the report)
Some of the key Application of Absorption Cooling Device are:
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Research Associate at Cognitive Market Research
I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.
I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Absorption Cooling Device Market is witnessing significant growth in the near future.
In 2023, the Double Absorption Refrigerating Device segment accounted for noticeable share of global Absorption Cooling Device Market and is projected to experience significant growth in the near future.
The Commercial segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Fortum Corporation, Veolia Environment S.A. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Double Absorption Refrigerating Device, Three Effect Absorption Refrigerating Device |
Application | Commercial, Industrial, Residential |
List of Competitors | Fortum Corporation, Hitachi, Veolia Environment S.A., SNC Lavalin, Keppel DHCS PTE Ltd, Siemens A/G, Qatar District Cooling Company, ADC Energy System LLC, Pal Technology, Emirates Central Cooling Systems |
This chapter will help you gain GLOBAL Market Analysis of Absorption Cooling Device. Further deep in this chapter, you will be able to review Global Absorption Cooling Device Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Absorption Cooling Device. Further deep in this chapter, you will be able to review North America Absorption Cooling Device Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Absorption Cooling Device. Further deep in this chapter, you will be able to review Europe Absorption Cooling Device Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Absorption Cooling Device. Further deep in this chapter, you will be able to review Asia Pacific Absorption Cooling Device Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Absorption Cooling Device. Further deep in this chapter, you will be able to review South America Absorption Cooling Device Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Absorption Cooling Device. Further deep in this chapter, you will be able to review Middle East Absorption Cooling Device Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Absorption Cooling Device. Further deep in this chapter, you will be able to review Middle East Absorption Cooling Device Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Absorption Cooling Device. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Absorption Cooling Device market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Double Absorption Refrigerating Device have a significant impact on Absorption Cooling Device market? |
What are the key factors affecting the Double Absorption Refrigerating Device and Three Effect Absorption Refrigerating Device of Absorption Cooling Device Market? |
What is the CAGR/Growth Rate of Commercial during the forecast period? |
By type, which segment accounted for largest share of the global Absorption Cooling Device Market? |
Which region is expected to dominate the global Absorption Cooling Device Market within the forecast period? |