Scroll & Absorption Chillers
Global Scroll and Absorption Chillers Market to Reach $9.2 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Scroll and Absorption Chillers estimated at US$6.7 Billion in the year 2020, is projected to reach a revised size of US$9.2 Billion by 2027, growing at aCAGR of 4.7% over the period 2020-2027. Scroll Chillers, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$6.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Absorption Chillers segment is readjusted to a revised 3.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.8 Billion, While China is Forecast to Grow at 7.9% CAGR
The Scroll and Absorption Chillers market in the U.S. is estimated at US$1.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2027 trailing a CAGR of 7.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 3.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.
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