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The key players operating in the market are Great Northern Equipment, YARDMAX, Husqvarna, Ariens, and Champion Power Equipment. all together comprises a market share of 5 - 10% in 2023. The market is highly fragmented as it has a large number of companies competing for market share, with no single player dominating the landscape. The market players offer various absorption chillers, catering to different needs and budgets. This opens the door for specialization among manufacturers.
Major players operating in the elevators industry include: