Water-Cooled Scroll Chillers Market was valued at USD 5.2 Billion in 2022 and is projected to reach USD 7.8 Billion by 2030, growing at a CAGR of 5.2% from 2024 to 2030.
The global water-cooled scroll chillers market was valued at approximately USD 2.5 billion in 2022, with an expected compound annual growth rate (CAGR) of 6.8% from 2023 to 2030. This growth is driven by increasing demand for energy-efficient cooling solutions in various industrial and commercial applications. The market is poised to expand due to advancements in chiller technology and a rising emphasis on sustainability and reducing carbon footprints. The North American and European regions, being major industrial hubs, hold substantial market shares, while emerging markets in Asia-Pacific are anticipated to witness significant growth due to rapid industrialization and urbanization.
Opportunity analysis reveals that the market's expansion is supported by the growing need for reliable cooling systems in data centers, healthcare facilities, and large-scale commercial buildings. With the increasing adoption of energy-efficient solutions and stringent regulations on greenhouse gas emissions, water-cooled scroll chillers present a viable option for achieving cost-effective and eco-friendly cooling. Additionally, innovations in smart chiller technologies and IoT integration are expected to further drive market growth, creating new avenues for market players to explore. The growing focus on retrofitting and upgrading existing systems in developed regions also contributes to the positive market outlook.
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Johnson Controls
Daikin
Carrier
Trane
Mitsubishi Electric
Hitachi Appliances
Dunham-Bush
Mammoth
Bosch
Airedale
LG
Motivair
Voltas
Blue Star
Kuen Ling
Midea
Gree
TICA
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Water-Cooled Scroll Chillers Market
Commercial
Industrial
Other
Based on Types the Market is categorized into Below types that held the largest Water-Cooled Scroll Chillers market share In 2023.
500Kw
700Kw
1000Kw
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Water-Cooled Scroll Chillers Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Water-Cooled Scroll Chillers Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Water-Cooled Scroll Chillers Market, By Type
6. Global Water-Cooled Scroll Chillers Market, By Application
7. Global Water-Cooled Scroll Chillers Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Water-Cooled Scroll Chillers Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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