Scroll Compressor Market Report: Trends, Forecast and Competitive Analysis to 2030
Scroll Compressor Trends and Forecast
The future of the global scroll compressor market looks promising with opportunities in the automotive, food & beverage, and medical & pharmaceutical sectors. The global scroll compressor market is expected to reach an estimated $6.6 billion by 2030 with a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are growing demand for cooling solutions in data centers, rising use of this technology in HVAC systems, and increasing preference for IoT and smart control system based compressors.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Scroll Compressor by Segment
The study includes a forecast for the global scroll compressor by type, material, application, end use industry, and region.
Scroll Compressor Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Single Stage Scroll
- Two Stage Scroll
- Horizontal Scroll
- Vertical Scroll
Scroll Compressor Market by Material [Shipment Analysis by Value from 2018 to 2030]:
Scroll Compressor Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Air Conditioner Compressor
- Vacuum Pump
- Superchargers for Automobiles
- Others
Scroll Compressor Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
- Automotive
- Food & Beverage
- Medical & Pharmaceutical
- Others
Scroll Compressor Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Scroll Compressor Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies scroll compressor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the scroll compressor companies profiled in this report include-
- LG
- Landa
- Daikin
- Danfoss
- Denso
- Emerson
- Samsung
- Hitachi
- Johnson Controls
- Panasonic
- Bitzer
Scroll Compressor Market Insights
Lucintel forecasts that two-stage compressor is expected to witness highest growth over the forecast period.
Automotive is expected to witness highest growth over the forecast perioddue to significant use of scroll compressor in vehicle air conditioning systems.
APAC is expected to witness highest growth over the forecast period due to rapid urbanization and industrialization, growing demand for residential ACS, and expanding production of air conditioning units in the region.
Features of the Global Scroll Compressor Market
Market Size Estimates: Scroll compressor market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Scroll compressor market by various segments, such as by type, material, application, end use industry and region in terms of($B).
Regional Analysis: Scroll compressor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, materials, applications, end use industries, and regions for the scroll compressor market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the scroll compressor market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the scroll compressor market size?
Answer: The global scroll compressor market is expected to reach an estimated $6.6 billion by 2030.
Q.2 What is the growth forecast for scroll compressor market?
Answer: The global scroll compressor market is expected to grow with a CAGR of 5.1% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the scroll compressor market?
Answer: The major drivers for this market are growing demand for cooling solutions in data centers, rising use of this technology in HVAC systems, and increasing preference for IoT and smart control system based compressors.
Q4. What are the major segments for scroll compressor market?
Answer: The future of the scroll compressor market looks promising with opportunities in the automotive, food & beverage, and medical & pharmaceutical sectors.
Q5. Who are the key scroll compressor market companies?
Answer: Some of the key scroll compressor companies are as follows:
- LG
- Landa
- Daikin
- Danfoss
- Denso
- Emerson
- Samsung
- Hitachi
- Johnson Controls
- Panasonic
Q6. Which scroll compressor market segment will be the largest in future?
Answer: Lucintel forecasts that two-stage compressor is expected to witness highest growth over the forecast period.
Q7. In scroll compressor market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rapid urbanization and industrialization, growing demand for residential ACS, and expanding production of air conditioning units in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the scroll compressor market by type (single stage scroll compressors, two stage scroll compressors, horizontal scroll compressors, and vertical scroll compressors), material (stainless steel and aluminum), application (air conditioner compressor, vacuum pump, superchargers for automobiles, and others), end use industry (automotive, food & beverage, medical & pharmaceutical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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