Scroll And Absorption Chillers Market is expected to Grow with a CAGR of 10.22% through 2030
The
Scroll and Absorption Chillers Market is driven by growing demand for
energy-efficient cooling solutions, environmental sustainability regulations,
and rising adoption of green building technologies across commercial and
industrial sectors.
According
to TechSci Research report, “Scroll And Absorption Chillers Market – Global Industry
Size, Share, Trends, Competition Forecast & Opportunities, 2030F”,
the Global Scroll And Absorption Chillers Market was valued at USD 6.82 billion in 2024 and is expected to reach USD 12.34 billion by 2030 with a CAGR of 10.22% during the forecast period. A prominent trend in the Scroll and Absorption Chillers Market is the increasing integration of Internet of Things (IoT) and smart technologies into cooling systems. With the rise of smart building initiatives, industrial automation, and remote monitoring, chillers are becoming an integral part of advanced connected systems that offer real-time performance tracking, predictive maintenance, and enhanced control over cooling operations. IoT-enabled chillers provide operators with the ability to monitor temperature, pressure, energy consumption, and system performance remotely, allowing for quicker identification of potential issues and minimizing downtime. This connectivity enables businesses to implement predictive maintenance strategies, reducing the likelihood of system failures and extending the life cycle of the equipment. Moreover, the integration of AI and machine learning into these systems allows chillers to adapt to changing operational conditions and optimize cooling processes dynamically, leading to further energy savings and improved efficiency. As industrial operations become more reliant on data-driven decision-making, the demand for smart chillers is increasing across commercial, industrial, and institutional sectors. Additionally, the integration of IoT is supporting a shift toward more sustainable and energy-efficient operations, as real-time data helps optimize cooling capacity based on actual needs. The increasing demand for automation, coupled with the rising focus on reducing operating costs and improving energy consumption, is propelling the market for IoT-enabled Scroll and Absorption Chillers, particularly in the Asia-Pacific and North American regions.
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the "Global Scroll And Absorption Chillers Market.”
Based on the Capacity,
less than 100 KW segment held the largest Market share in 2024. The Scroll
and Absorption Chillers Market in the less than 100 kW segment is driven by
several factors that contribute to the growing demand for energy-efficient,
environmentally friendly, and cost-effective cooling solutions. Increasing
industrialization, particularly in developing regions, is a key driver, as
industries such as manufacturing, pharmaceuticals, data centers, and large
commercial buildings require high-capacity chillers for effective cooling in
their operations. The rising focus on reducing energy consumption and
minimizing operational costs further fuels the adoption of scroll and
absorption chillers, as these systems are known for their superior efficiency
compared to traditional chillers. In addition, governments worldwide are
implementing stricter environmental regulations and setting ambitious targets
to reduce carbon emissions, which is pushing industries toward adopting more
sustainable technologies. Both scroll and absorption chillers are considered
green alternatives, with absorption chillers, in particular, using waste heat
or natural gas instead of electricity, offering significant energy savings and
lower environmental impact. The growing preference for these systems is also
driven by their ability to provide reliable cooling in regions with limited
access to conventional electricity or where energy costs are high, making them
more cost-effective in the long run. Moreover, the increasing integration of
advanced technologies such as IoT (Internet of Things) and smart control
systems into these chillers enhances their operational performance, monitoring,
and maintenance, further driving market adoption. The rising demand for
temperature-controlled environments, especially in sectors like data storage
and healthcare, also bolsters the growth of the less than 100 kW segment.
Additionally, advancements in materials and technology have improved the
overall lifespan, efficiency, and performance of scroll and absorption chillers,
making them a preferred choice for large-scale commercial and industrial
applications. The ongoing trend of urbanization and the expansion of large
commercial complexes, shopping malls, and hotels across emerging economies also
contribute to the market growth. As industries and commercial sectors continue
to recognize the benefits of energy-efficient and eco-friendly cooling systems,
the scroll and absorption chillers market in the less than 100 kW segment is
poised for sustained expansion, supported by innovations, government
initiatives, and the need for sustainable solutions in energy-intensive
applications.
Based on region, Asia Pacific is the fastest growing region Scroll And Absorption Chillers Market. Asia-Pacific is the fastest-growing region in the Scroll and Absorption Chillers Market, driven by rapid industrialization, urbanization, and increasing demand for energy-efficient cooling solutions. As countries such as China, India, and Japan continue to experience significant infrastructure development, the need for advanced cooling technologies to support commercial, industrial, and residential sectors is escalating. The region’s focus on energy conservation and sustainability, supported by government regulations and incentives, is fueling the adoption of energy-efficient systems like scroll and absorption chillers. The growing awareness of environmental sustainability and the shift toward green building standards are driving the demand for these chillers, known for their low energy consumption and minimal environmental impact. With the region’s strong manufacturing base and expanding construction industry, particularly in rapidly urbanizing countries, the market for cooling solutions is expected to grow substantially. The increasing adoption of renewable energy sources, including solar and geothermal, also creates new opportunities for integrating energy-efficient cooling systems. Governments in Asia-Pacific are investing in modernization and upgrading of infrastructure, further boosting the demand for advanced and sustainable technologies. As the region continues to prioritize energy efficiency and environmental protection, the Asia-Pacific market for scroll and absorption chillers is poised for continued growth in the coming years.
Major
companies operating in the Global Scroll And Absorption Chillers Market are:
- Johnson
Controls Plc
- Trane
Technologies Company, LLC
- Broad
Air Conditioning Co. Ltd.
- Yazaki
Energy Systems Inc.
- Hitachi
Appliances Inc.
- Robur
Group
- Daikin
Industries Ltd.
- Carrier
Corporation
- Century
Corporation
- MIDEA
Group Co. Ltd.
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“The
Global Scroll And Absorption Chillers Market is expected to rise in the
upcoming years and register a significant CAGR during the forecast period. The
Scroll and Absorption Chillers Market is positioned for significant growth
driven by the rising demand for energy-efficient cooling solutions across
commercial, industrial, and residential sectors. With sustainability and energy
efficiency becoming central priorities worldwide, these chillers—renowned for
their low energy consumption and reduced environmental footprint—provide
substantial advantages. The shift toward green building standards, government
incentives promoting energy-efficient technologies, and ongoing urbanization
are key factors enhancing market opportunities. Furthermore, technological advancements,
including the integration of renewable energy sources and enhanced cooling
performance, present new growth avenues, particularly in emerging markets
across Asia-Pacific and the Middle East. Therefore, the Market of Scroll And
Absorption Chillers is expected to boost in the upcoming years.,” said Mr.
Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.
“Scroll And Absorption Chillers Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented, By Product (Scroll Chiller, Absorption Chiller), By Capacity (Less than 100 KW, Ranges between 101 KW to 300 KW, 301 KW to 700 KW, Greater than 701 KW), By Vertical (Commercial, Industrial, Others), By Region, By Competition, 2020-2030F”,
has evaluated the future growth potential of Global Scroll And Absorption
Chillers Market and provides statistics & information on the Market size,
structure, and future Market growth. The report intends to provide cutting-edge
Market intelligence and help decision-makers make sound investment decisions., The
report also identifies and analyzes the emerging trends along with essential
drivers, challenges, and opportunities in the Global Scroll And Absorption
Chillers Market.
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