Global Scroll Compressor Market Analysis by Size, Share Trends, Future Growth, Emerging Trends, Qualitative Outlook – Global Forecast to 2030

In a recently published report, Global Scroll Compressor Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Scroll Compressor Market products.

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It is also anticipated to grow on account of the growing demand for alternative renewable energy sources, backed by the growing concern for pollution worldwide emitted from burning conventional fuel sources. Total electricity capacity from renewable energy sources around the world increased from around 750,000MW in 2000 to about 2,500,000MW in 2019. Additionally, electricity from hydropower energy, wind, solar, and bioenergy, grew from around 780000MW, 16000MW, 1200MW, and 29000MW in 2000 to 1300000MW, 620000MW, 580000MW, and 120000MW in 2019 respectively.

A scroll compressor, which is also known as a spiral compressor, scroll vacuum pump or scroll pump is a device which is used for compressing the air or any refrigerant. Thus it is used in the air conditioning industry, as an automobile charger and also as a vacuum pump. Thus it is mostly used in the HVAC industry. Scroll compressors consist of a scroll set, where one of the scrolls is fixed, and the other is orbiting. The basic functioning process is the air trapping through the orbiting scroll and then its discharge through the other end after the 2.5 turns are completed. Hence gas pistons are not required in case of the scroll compressors, which lead to a 100% volumetric efficiency.This reduces the energy costs, reduces noise and vibration and makes them last longer due to less wear and tear as compared to standard piston compressors with movable parts. Due to their small size, they are also used in the cooling of the mainframe PCs and also in the water treatment plants.

The end users of the Global Scroll Compressor Marketmainly include the HVAC industries such as Air Conditioning Industry, Refrigeration Industry, and Ventilation Industry. The end users also include Water Treatment Industry and PC coolers.

Market Dynamics
Few factors promoting Global Scroll Compressor Market are its versatility and better features as compared to other compressors in the market. When a scroll compressor is operated in reverse, it acts as an expander,which increases its scope in the market. Also, the scroll compressors are used as the mainstream components for the central air-conditioning market. Hence due to the growing air-conditioning market, the demand for scroll compressors is also on the rise. The Global Scroll Compressor market was estimated to be around $1.5 Billion in 2016, and it is expected that the industry is stated to grow at a compound annual growth rate of 2.5% up to the year 2024. Due to its simple design, low maintenance, oil-free design and compact size, a greater number of industries are opting for the Scroll compressors for air compression. However, there are a few disadvantages also of using Scroll Compressors. One of the disadvantages is that in case of the compressor element fail, a whole new element has to be bought. Also, the discharged air is much hotter as compared to other compressors present in the market. These two factors are hindering the growth of the Scroll Compressor market.

Market Segmentation
The Global Scroll Compressor Marketis segmented into the following categories:
1. Product:Horizontal Compressors, Vertical Scroll Compressors
2. Type: Fixed Scroll, Orbiting Scroll
3. Applications: Domestic, Industrial, Commercial, Refrigeration, Pharmaceutical, and Chemical.
4. Operation: Single Stage, Twin Stage
Regional/Geographic Analysis
Some of the major regions dominating in the Global Scroll Compressor Marketare North America, Europe, India, China, Japan and Southeast Asia. Currently, North America and China are dominating the Scroll Compressor Industry. Due to the rapid growth of the commercial air-conditioning and automotive industry in these two regions, the market for Scroll Compressors has also increased.
Key Players
The major players in this field are Denso, Danfoss, Emerson, Landa, SKF, GMCC, Panasonic, Johnson Controls – Hitachi, RECHI Group, LG, Samsung, Tecumseh, Bitzer, Carlyle Compressors and Fusheng Industrial.
Report ContentsRegional AnalysisReport Highlights

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Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Rest of Eastern Europe

Asia Pacific
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

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