About Scroll Compressors
The scroll compressor is work in a circular motion, opposed to up-and-down piston action. Scroll compressors are majorly adopted for HVAC systems. The scroll compressor is more reliable than reciprocating types. The scroll compressor having one fixed scroll which remains stationary and another moving or orbiting scroll that rotates through the use of swing link. The scroll compressor benefits as it has less torque variation compared to the reciprocating compressor. This market has strong growth potential in the future due to increase investment in designing and advanced technology. And also because of increasing durable income in emerging economies.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global Scroll Compressors market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Analyst at AMA Research estimates that Germany Manufacturers will contribute the maximum growth to Global Scroll Compressors market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Air Squared (United States), Lenox (United States), Hitachi (Japan), LG (South Korea), RENNER Kompressoren (Germany), SAMSUNG (South Korea), Airpol (United States), Atlas Copco (Sweden), Bitzer (Germany) and BOGE (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Copeland (Emerson) (United States), DAKIN (Japan), Danfoss (Denmark), Sanden (Japan), Tecumseh (United States) and Carel Industries S.p.A. (Italy).
Segmentation Overview
AMA Research has segmented the market of Global Scroll Compressors market by Type (Single Stage Compressors and Two Stage Compressors), Application (Home Air Conditioning System, Commercial Air Conditioning System, Transport Air Conditioning System and Packaged Air Conditioning System) and Region.
On the basis of geography, the market of Scroll Compressors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Stationary Scroll will boost the Scroll Compressors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Capacity, the sub-segment i.e. 5 Ton will boost the Scroll Compressors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Adoption of Single-Stage Compressors in Home Cooling and Heating Systems
Market Growth Drivers:
Increasing Production of Packaged Air Conditioning System and Increasing Government Investment for Producing Air Conditioning Public Transport
Challenges:
Compressor Cannot Be Disassembled In Field for Maintenance and Incremental Capacity Control on Systems Required Multiple Compressors
Restraints:
Rapid Changes in Technology and Rising Cost of Raw Materials
Opportunities:
Increasing Number of Air Conditioning Production Companies in Asia Pacific Region Majorly In China and Japan
Market Leaders and their expansionary development strategies
In Apr 2019, Atlas Copco announced the acquisition of PSI Compressors of Brockville Incorporated. Through this acquisition, Atlas Copco develops its presence in eastern Ontario and increase its direct sales and services in various regions.
In Jun 2019, Danfoss revealed the VZH variable speed scroll compressors. These are ranging from 4 to 26 TR intermediate discharge valve technology and suitable for computer room air conditioning units. Additionally, Jul 2019, Lennox announced the launch of the R32 version of eComfort air-cooled chiller, a variable speed scroll compressor that improved surpass requirement.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Scroll Compressors Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.