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.
Some of the key questions
answered in this exclusive report are:
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?
Market Segmentation:
In this market, single
stage scroll, two stage scroll, horizontal scroll, and vertical scroll are the
major segments of scroll compressor market by type. Lucintel forecasts that
two-stage compressor is expected to witness highest growth over the forecast
period. Within this market, automotive is expected to witness highest growth
over the forecast period due 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.
LG, Landa, Daikin,
Danfoss, Denso, Emerson, Samsung, Hitachi, Johnson Controls, Panasonic, and
Bitzer are the major suppliers in the scroll compressor market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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