Global Lithium Bromide Absorption Heat Pump Device Market Growth 2025-2031

The global Lithium Bromide Absorption Heat Pump Device market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Lithium Bromide Absorption Heat Pump Device is a heat pump equipment that uses lithium bromide to absorb water vapor to complete cooling or heating. Unlike traditional mechanical compression heat pump equipment that requires electricity to drive the compressor, it uses low-grade thermal energy (such as waste heat, solar energy, etc.) to drive the absorbent circulation process, thereby achieving energy saving and environmental protection effects.

Lithium Bromide Absorption Heat Pump Equipment consists of four main components: evaporator, absorber, generator and condenser. When a low-temperature heat source (such as condensed water, geothermal energy, solar energy, etc.) passes through the evaporator, it causes the absorbent (such as lithium bromide) in it to absorb water molecules to form an absorption liquid. The absorbing liquid enters the generator after passing through the absorber, and is heated by high-temperature heat sources (such as natural gas, steam, electric energy, etc.). Water molecules are released from the absorbent to form water vapor. The water vapor is cooled through the condenser and turned into liquid water, and then returned to the evaporator for recycling.

United States market for Lithium Bromide Absorption Heat Pump Device is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Lithium Bromide Absorption Heat Pump Device is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Lithium Bromide Absorption Heat Pump Device is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Lithium Bromide Absorption Heat Pump Device players cover Panasonic, Hitachi, Johnson Controls, LG Electronics, CNIM, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Lithium Bromide Absorption Heat Pump Device Industry Forecast” looks at past sales and reviews total world Lithium Bromide Absorption Heat Pump Device sales in 2024, providing a comprehensive analysis by region and market sector of projected Lithium Bromide Absorption Heat Pump Device sales for 2025 through 2031. With Lithium Bromide Absorption Heat Pump Device sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lithium Bromide Absorption Heat Pump Device industry.

This Insight Report provides a comprehensive analysis of the global Lithium Bromide Absorption Heat Pump Device landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lithium Bromide Absorption Heat Pump Device portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lithium Bromide Absorption Heat Pump Device market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lithium Bromide Absorption Heat Pump Device and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lithium Bromide Absorption Heat Pump Device.

This report presents a comprehensive overview, market shares, and growth opportunities of Lithium Bromide Absorption Heat Pump Device market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
0.5 or less
0.5-1.7
1.7 or above

Segmentation by Application:
Oil
Electricity
Metallurgy
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Panasonic
Hitachi
Johnson Controls
LG Electronics
CNIM
Thermax
Danstoker
Trane
Carrier
Kawasaki Thermal Engineering
Berg Chilling Systems
Yazaki Energy Systems
World Energy
Moon-Tech
Beijing Huayuan Taimeng Energy Saving Equipment
Shuangliang Group
Ebara
Broad Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Lithium Bromide Absorption Heat Pump Device market?

What factors are driving Lithium Bromide Absorption Heat Pump Device market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Lithium Bromide Absorption Heat Pump Device market opportunities vary by end market size?

How does Lithium Bromide Absorption Heat Pump Device break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.