Product Code: ETC5921518 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The scroll absorption chillers market in Taiwan is gaining traction due to the increasing demand for energy-efficient cooling solutions in commercial and industrial applications. These chillers utilize a unique absorption process that reduces energy consumption and greenhouse gas emissions, aligning with Taiwan`s commitment to sustainability and energy conservation. The growth in the construction sector, coupled with rising temperatures and humidity levels, has led to a surge in the need for efficient cooling systems. Furthermore, government policies aimed at reducing energy consumption and promoting renewable energy sources are expected to drive market expansion in the coming years.
The scroll absorption chillers market in Taiwan is primarily driven by the growing need for energy-efficient cooling solutions in commercial and industrial applications. As businesses seek to reduce their energy consumption and operational costs, absorption chillers, known for their low energy use, become increasingly attractive. The increasing focus on reducing greenhouse gas emissions also fuels demand for environmentally friendly cooling technologies. Moreover, government incentives aimed at promoting energy efficiency and the adoption of renewable energy sources bolster the market`s growth. The expansion of construction and infrastructure projects in urban areas further contributes to the rising demand for these efficient cooling systems.
In the scroll absorption chillers market, one of the primary challenges is the high initial investment required for installation and maintenance. These systems often have a longer payback period compared to traditional chillers, which may deter potential customers. Additionally, there is a lack of awareness about the efficiency and environmental benefits of absorption chillers, limiting their adoption in commercial and industrial applications. The market also faces pressure from technological advancements in conventional cooling systems that offer improved efficiency and lower upfront costs, posing a significant competitive threat.
The growth of the scroll absorption chillers market in Taiwan is supported by government initiatives aimed at enhancing energy efficiency and promoting the use of renewable energy. The government has established energy-saving programs that offer incentives for businesses to adopt energy-efficient technologies, including absorption chillers. Additionally, Taiwan`s commitment to reducing greenhouse gas emissions and increasing the use of renewable energy sources aligns with the adoption of absorption chillers, which can utilize waste heat and renewable energy for cooling. Regulations mandating energy efficiency in new buildings further drive the demand for these chillers.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Taiwan Scroll & Absorption Chillers Market Overview |
3.1 Taiwan Country Macro Economic Indicators |
3.2 Taiwan Scroll & Absorption Chillers Market Revenues & Volume, 2021 & 2031F |
3.3 Taiwan Scroll & Absorption Chillers Market - Industry Life Cycle |
3.4 Taiwan Scroll & Absorption Chillers Market - Porter's Five Forces |
3.5 Taiwan Scroll & Absorption Chillers Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Taiwan Scroll & Absorption Chillers Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
4 Taiwan Scroll & Absorption Chillers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Taiwan Scroll & Absorption Chillers Market Trends |
6 Taiwan Scroll & Absorption Chillers Market Segmentations |
6.1 Taiwan Scroll & Absorption Chillers Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Taiwan Scroll & Absorption Chillers Market Revenues & Volume, By Scroll Chiller & Absorption Chiller, 2021-2031F |
6.2 Taiwan Scroll & Absorption Chillers Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 Taiwan Scroll & Absorption Chillers Market Revenues & Volume, By <100 kW, 2021-2031F |
6.2.3 Taiwan Scroll & Absorption Chillers Market Revenues & Volume, By 101 kW¢Ã¢Â?‰Â?Â?300 kW, 2021-2031F |
6.2.4 Taiwan Scroll & Absorption Chillers Market Revenues & Volume, By 301 kW¢Ã¢Â?‰Â?Â?700 kW, 2021-2031F |
6.2.5 Taiwan Scroll & Absorption Chillers Market Revenues & Volume, By & >701 kW, 2021-2031F |
7 Taiwan Scroll & Absorption Chillers Market Import-Export Trade Statistics |
7.1 Taiwan Scroll & Absorption Chillers Market Export to Major Countries |
7.2 Taiwan Scroll & Absorption Chillers Market Imports from Major Countries |
8 Taiwan Scroll & Absorption Chillers Market Key Performance Indicators |
9 Taiwan Scroll & Absorption Chillers Market - Opportunity Assessment |
9.1 Taiwan Scroll & Absorption Chillers Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Taiwan Scroll & Absorption Chillers Market Opportunity Assessment, By Capacity, 2021 & 2031F |
10 Taiwan Scroll & Absorption Chillers Market - Competitive Landscape |
10.1 Taiwan Scroll & Absorption Chillers Market Revenue Share, By Companies, 2024 |
10.2 Taiwan Scroll & Absorption Chillers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |