Scroll Compressors Market Share, Size, Growth Report 2032

Global Scroll Compressors Market Insights

According to Zion Market Research, the global Scroll Compressors Market was worth USD 4.74 Billion in 2023. The market is forecast to reach USD 6.63 Billion by 2032, growing at a compound annual growth rate (CAGR) of 3.8% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Scroll Compressors industry over the next decade.

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This professional and specialized report study examines the technical and business perspective of the  Scroll Compressors industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the  Scroll Compressors market. The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall  Scroll Compressors market. The historical insights are provided from 2018 to 2022 and projected trends are provided from 2024 to 2032. The quantitative data is provided in terms of both volume (Kilo Tons) and value (USD Million) for 2024 – 2032. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.

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Key Insights from Primary Research

• As per our primary respondents, the global scroll compressor market is set to grow annually at a rate of around 5%
• It was recognized through primary research that the global scroll compressor market was valued at around USD 7150 Million in 2023
• In terms of volume, the global scroll compressor market stood at around 30 K Units, in 2023.
• On the basis of type segmentation, the “Oil-free Scroll Compressors” category, was the prominent revenue-producing category contributing to around 78% share, in 2023.
• On the basis of end-user segmentation, the “commercial” category held the leading share at more than 46%, in 2023.

Key Recommendations from Analysts

• As per our analysis, the scroll compressor industry across the world is growing at a significant rate. The oil-free scroll compressors category is anticipated to have a major share in the forthcoming period owing to its efficient operation and less maintenance.
• According to technology, two-stage compressors are more favored to use by the end-users. The variation in speeds of the two-stage compressors according to type operation saves energy. The energy-efficient operation of two-stage scroll compressors is augmenting the growth of the category.
• The scroll compressors are frequently used for commercial applications. The scroll compressors are normally installed by the HVAC contractors in commercial buildings, companies, and factories. The use of scroll compressors for commercial processes is likely to boost the use of scroll compressors in the forecasted period.
• Growing at a CAGR around 5%, the global scroll compressor market delivers a number of opportunities for all of the included stakeholders through the entire value chain.
• Our analysts have recognized “Oil-free Scroll Compressors” and “Commercial” categories as the prominent investment options for global scroll compressor market in terms of type and end-user segmentations respectively

We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the  Scroll Compressors market in our study.

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the scroll compressors market. It also encompasses PESTLE analysis and SWOT analysis.

The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the  Scroll Compressors market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the  Scroll Compressors market.

Scroll Compressors Market: Report Scope

Global  Scroll Compressors Market: Segmentation

The  Scroll Compressors market is segmented based on Type, Technology and Application. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

On the basis of type segmentation, the market is classified into Oil-free Scroll Compressors and Lubricated Scroll Compressors.

According to the technology, the market is segmented as Single-Stage and Two-Stage.

In terms of Application segmentation, the market is bifurcated into Commercial, Residential and Industrial.

The regional segmentation of the Scroll Compressors industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

The scroll compressors market report is a modest effort of subject matter experts and analysts to deliver market forecast and analysis. The report delivers quantitative as well as qualitative analysis of scroll compressors market.  It also highlights the premium insights delivered by industry experts. In quantitative research, the report provides a forecast for the type, application, and end-users of the scroll compressors market. While in qualitative analysis the report delivers non-numerical facts and data.

Qualitative research is done by referring to annual reports of leading players, research papers, investors presentations, National government documents, internal and external proprietary databases. Moreover, interviews of industry experts, distributors, retailers, purchase managers, and investment bankers are done to know the details and insights about the scroll compressors market.

Global Scroll Compressors Market Key players:

• Air Squared
• Airpol
• Atlas Copco
• Bitzer
• BOGE
• Copeland (Emerson)
• DAIKIN
• Danfoss
• Hitachi
• LG
• RENNER Kompressoren
• SAMSUNG
• Sanden
• Tecumseh

The taxonomy of the  Scroll Compressors industry by its scope and segmentation is as follows:

Global  Scroll Compressors Market: By Type Segmentation Analysis

• Oil-free Scroll Compressors
• Lubricated Scroll Compressors

Global  Scroll Compressors Market: By Technology Segmentation Analysis

• Single Stage
• Two-Stage

Global  Scroll Compressors Market: By Application Segmentation Analysis

• Commercial
• Residential
• Industrial

Global  Scroll Compressors Market: Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:

• Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
• Direct and Indirect Rationales Impacting the Industry
• In-depth and Micro Analysis of Viable Segments and Sub-segments
• Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
• Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
• Key Buyers and End-Users Analysis
• Value Chain and Manufacturing Cost Structure Analysis wherever relevant
• Key Marketing Strategies as well as Key Sales Channels adopted in the market
• Investment Opportunity Analysis & Patents Analysis wherever feasible
• Technological Road Map & Technical Analysis
• Robust Research Methodology comprising dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)