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The Scroll and Absorption Chillers Market size was estimated at USD 3.2 billion in 2023 and is projected to reach USD 6 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 10.00% during the forecast period (2024-2030).
Study Period | 2018 - 2030 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2030 |
CAGR (2024-2030) | 10.00% |
2023 Market Size | USD 3.2 billion |
2030 Market Size | USD 6 billion |
Key Players | Johnson Controls, Trane, Carrier, Daikin, LG Electronics |
The scroll and absorption chillers market is a specialized segment within the HVAC industry, primarily serving the manufacturing and construction sectors. These chillers are critical for large-scale cooling applications in industrial facilities, commercial buildings, and infrastructure projects. Scroll chillers utilize positive displacement compression through scroll-shaped components, offering reliability and efficiency for moderate cooling loads. Absorption chillers, on the other hand, operate on thermal energy, often using waste heat or steam, making them suitable for applications where electricity costs are high or sustainability is a priority. The market is characterized by continuous technological advancements aimed at improving energy efficiency and reducing environmental impact. Key players are focused on developing products that comply with stringent international regulations on refrigerants and energy consumption. Demand is significantly influenced by industrialization rates, construction activities, and the modernization of existing infrastructure. The market remains competitive, with manufacturers investing in research to enhance product performance and cater to diverse client requirements across various global regions.
The scroll and absorption chillers market showcases several key highlights that define its current trajectory. Energy efficiency remains a paramount focus, with manufacturers innovating to exceed regulatory standards and meet corporate sustainability goals. The integration of IoT and smart controls into chiller systems is a significant trend, enabling predictive maintenance, real-time monitoring, and optimized performance, which reduces operational costs for end-users. Another highlight is the growing preference for absorption chillers in regions with abundant waste heat or solar thermal energy, supporting greener cooling solutions. The market also sees a strong demand for customized chiller solutions tailored to specific industrial applications, such as data centers, pharmaceutical manufacturing, and food processing. Furthermore, the after-sales service segment, including maintenance contracts and parts supply, represents a substantial revenue stream for established companies. The competitive landscape is marked by strategic collaborations and partnerships between chiller manufacturers and construction firms to ensure seamless integration into building projects.
Several drivers propel the scroll and absorption chillers market forward. The global push for energy-efficient building systems, driven by environmental regulations and cost-saving initiatives, significantly boosts demand. Rapid urbanization and infrastructure development, particularly in emerging economies, necessitate advanced cooling solutions for commercial and industrial spaces, acting as a primary driver. The increasing adoption of district cooling systems in smart cities presents a substantial opportunity for market expansion, as these systems often rely on large-scale chiller plants. Additionally, the trend towards green buildings and LEED certifications encourages the use of high-efficiency and low-emission chillers. However, the market faces restraints, including the high initial investment required for advanced absorption and scroll chiller systems, which can deter small and medium enterprises. Fluctuations in raw material prices, such as copper and steel, also impact manufacturing costs and profitability. Economic volatility in certain regions can delay large construction projects, indirectly affecting chiller sales. Despite these challenges, opportunities abound in the retrofitting of old HVAC systems with modern, efficient chillers and the exploration of new applications in renewable energy integration.
The concentration of the scroll and absorption chillers market is notably high, with a few major players holding significant market share. Companies like Trane Technologies, Carrier Global Corporation, Johnson Controls, and Mitsubishi Electric dominate the landscape due to their extensive product portfolios, strong R&D capabilities, and global service networks. These industry giants benefit from longstanding relationships with large construction firms and government bodies, securing contracts for major infrastructure projects. The market also features several specialized manufacturers that focus on niche segments, such as high-capacity absorption chillers for industrial use or compact scroll chillers for specific commercial applications. Geographically, manufacturing and technological expertise are concentrated in North America, Europe, and parts of Asia-Pacific, particularly Japan and South Korea. However, production facilities are increasingly being established in cost-effective regions to leverage local advantages. The competitive intensity drives continuous innovation, with companies striving to differentiate through energy efficiency ratings, noise reduction, and smart features. Mergers and acquisitions are common strategies employed by leading firms to expand their market presence and technological base.
The scroll and absorption chillers market is segmented by type, each catering to distinct needs and applications. Scroll chillers are widely favored for their mechanical simplicity, reliability, and efficiency in medium-capacity cooling. They operate using two interleaving scrolls to compress refrigerant, resulting in quieter operation and lower maintenance compared to some alternatives. These chillers are predominantly used in commercial buildings, hospitals, and data centers where operational consistency is critical. Absorption chillers, conversely, utilize a thermal compression process, often powered by steam, hot water, or combustion. They are ideal for settings with waste heat recovery opportunities, such as industrial plants, or in areas with high electricity costs. Absorption systems are further categorized into single-effect and double-effect models, with double-effect offering higher efficiency. Market trends indicate a growing interest in hybrid systems that combine scroll and absorption technologies to optimize energy use based on availability and cost. Manufacturers are continuously refining both types to enhance COP (Coefficient of Performance) and integrate with renewable energy sources, aligning with global sustainability targets.
Scroll and absorption chillers serve a diverse range of applications within the manufacturing and construction industries. In the commercial sector, they are essential for air conditioning in large buildings such as shopping malls, office complexes, and hotels, where maintaining comfortable indoor environments is crucial. The industrial segment relies heavily on these chillers for process cooling in manufacturing operations, including plastics molding, metalworking, chemical processing, and food and beverage production. Data centers represent a rapidly growing application area, as efficient cooling is vital to prevent overheating of servers and IT equipment. Additionally, absorption chillers are increasingly deployed in district cooling plants that provide centralized cooling to multiple buildings, enhancing energy efficiency at a community level. The healthcare sector utilizes precision chillers for climate control in hospitals and laboratories, where temperature and humidity stability are non-negotiable. Recent trends also point towards the use of absorption chillers in conjunction with solar thermal systems, supporting renewable energy integration in green building projects.
The scroll and absorption chillers market exhibits varied dynamics across different regions, influenced by economic development, climate conditions, and energy policies. North America and Europe are mature markets characterized by stringent energy efficiency regulations and a strong focus on replacing aging HVAC systems with modern, eco-friendly chillers. The presence of major manufacturers and technological innovators in these regions further strengthens market activity. The Asia-Pacific region is the fastest-growing market, driven by rapid industrialization and urbanization in countries like China, India, and Southeast Asian nations. Massive investments in infrastructure, including smart cities and commercial real estate, fuel demand for both scroll and absorption chillers. The Middle East represents a significant market due to extreme climatic conditions and the widespread adoption of district cooling systems in urban centers. Latin America and Africa show emerging potential, with growth linked to industrial expansion and increasing construction activities, though market penetration is slower compared to other regions. Each region presents unique opportunities and challenges, shaped by local energy costs, environmental policies, and industrial growth trajectories.
Leading companies in the scroll and absorption chillers market leverage their technological expertise and global reach to maintain competitive advantages. Trane Technologies offers a comprehensive range of chillers, emphasizing innovation in energy efficiency and connectivity through its Building Management Systems. Carrier Global Corporation is renowned for its extensive portfolio, including absorption chillers that utilize low-global warming potential refrigerants, aligning with sustainability trends. Johnson Controls provides advanced chiller solutions integrated with smart building technologies, focusing on holistic energy management for large facilities. Mitsubishi Electric stands out for its scroll chiller innovations and strong presence in the Asia-Pacific market. Other notable players include Lennox International, which focuses on high-efficiency commercial chillers, and Thermax Limited, specializing in absorption chillers for industrial applications. These companies invest heavily in research and development to enhance product performance, reduce environmental impact, and meet evolving customer demands. Strategic initiatives often include expanding service networks, forming partnerships with construction firms, and acquiring niche technology companies to broaden their market offerings and reinforce their industry positions.
The scroll and absorption chillers market has witnessed several recent developments aimed at enhancing product offerings and market reach. Technological advancements have led to the introduction of chillers with lower sound levels and higher energy efficiency ratios, catering to noise-sensitive and energy-conscious applications. Companies are increasingly incorporating IoT sensors and cloud-based analytics for predictive maintenance, reducing downtime and operational costs for end-users. There is a growing emphasis on developing chillers that use natural refrigerants with low global warming potential, in response to regulatory changes and environmental concerns. Strategic collaborations between chiller manufacturers and renewable energy firms have emerged, focusing on integrating solar thermal energy with absorption chiller systems. Market players are also expanding their manufacturing capabilities in high-growth regions to better serve local demand and reduce logistics costs. Additionally, several companies have launched training programs for HVAC professionals to ensure proper installation and maintenance of advanced chiller systems, enhancing customer satisfaction and product longevity. These developments reflect the industry's commitment to innovation, sustainability, and customer-centric growth.
This market research report on the scroll and absorption chillers market provides a detailed segmentation analysis to offer comprehensive insights. The report is segmented by type, distinguishing between scroll chillers and absorption chillers, with further breakdowns into sub-types such as air-cooled versus water-cooled scroll chillers and single-effect versus double-effect absorption chillers. Application segmentation covers key sectors including commercial buildings, industrial manufacturing, data centers, healthcare facilities, and district cooling systems. Geographical segmentation offers in-depth analysis across major regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa, highlighting regional trends and opportunities. The report also includes segmentation by capacity range, catering to different cooling load requirements from small commercial setups to large industrial plants. Additionally, it analyzes the market based on end-user industries within manufacturing and construction, providing insights into specific demand patterns. This multi-faceted segmentation enables stakeholders to identify niche markets, understand growth prospects, and make informed strategic decisions tailored to specific segments of interest.
What is the difference between scroll and absorption chillers? Scroll chillers use mechanical compression via interleaving scrolls to cool, ideal for electricity-driven applications. Absorption chillers use heat energy, like steam or hot water, making them suitable for waste heat recovery or areas with high power costs.
What are the key applications of absorption chillers? Absorption chillers are primarily used in industrial plants with waste heat, district cooling systems, large commercial buildings, and facilities seeking energy-efficient cooling through thermal energy sources.
Which companies are the leading players in the chiller market? Major players include Trane Technologies, Carrier Global Corporation, Johnson Controls, Mitsubishi Electric, Lennox International, and Thermax Limited, known for their innovation and global market presence.
What are the benefits of using scroll chillers? Scroll chillers offer benefits such as high energy efficiency, reliability, quieter operation, lower maintenance requirements, and suitability for a wide range of commercial and industrial cooling applications.
How do environmental regulations impact the chiller market? Regulations promoting energy efficiency and phasing out high-GWP refrigerants drive innovation towards eco-friendly chillers, influencing manufacturing trends and adoption rates across regions.
What is the future outlook for the absorption chiller market? The absorption chiller market is expected to grow, fueled by demand for sustainable cooling solutions, waste heat utilization, and integration with renewable energy systems in industrial and commercial sectors.
The Global Scroll & Absorption Chillers Market size was valued at $XX billion in 2023, and is anticipated to reach $XX billion by 2030, growing at a CAGR of XX% during the forecast period. Citius Research has developed a research report titled “Scroll & Absorption Chillers Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.
• Scroll and Absorption Chillers Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights
The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Scroll & Absorption Chillers Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.
• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia
The report covers below mentioned analysis, but is not limited to:
• Overview of Scroll & Absorption Chillers Market
• Research Methodology
• Executive Summary
• Market Dynamics of Scroll & Absorption Chillers Market
• Driving Factors
• Restraints
• Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Scroll & Absorption Chillers Market
• Cost and Gross Margin Analysis of Scroll & Absorption Chillers Market
• Scroll & Absorption Chillers Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
• Competition Landscape
• Market Share of Major Players
• Key Recommendations
The “Scroll & Absorption Chillers Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.
Below are the key stakeholders for the Scroll & Absorption Chillers Market:
• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors
Report Attribute | Details |
Base year | 2023 |
Historical data | 2018 – 2023 |
Forecast | 2024 - 2030 |
CAGR | 2024 - 2030 |
Quantitative Units | Value (USD Million) |
Report coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request |
Segments covered | Product type, technology, application, geography |
Regions covered | North America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia |
Countries covered | US, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others |
Customization scope | Available on request |
Pricing | Various purchase options available as per your research needs. Discounts available on request |
Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Scroll & Absorption Chillers Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.
The report has helped our clients:
• To describe and forecast the Scroll & Absorption Chillers Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Scroll & Absorption Chillers Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships
Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.
We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.
Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.
Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -
Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.
Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.
As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.
Request a detailed Research Methodology for the market.
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