11-Feb-2020 | Zion Market Research
Zion Market Research has authored “Scroll Compressors Market – By Types (Oil-free Scroll Compressors, Lubricated Scroll Compressors) and By Technology (Single Stage and Two-Stage) and By Application (Commercial, Residential and Industrial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 - 2026”. Based on our analysis, the global demand for the Scroll Compressors market in 2019 is approximately USD 7150 Million and is anticipated to reach around USD 10025 by 2026. The anticipated CAGR for the Scroll Compressors market is around 5% from 2020 to 2026.
The scroll compressors are used to compress gas and air in the refrigeration. The parts used in the scroll compressors makes them energy efficient than the other types of compressors. As the scroll compressors need low maintenance and they fail in the lesser frequency than the other types of compressors, scroll compressors are usually more preferred by the end-users. Quieter operation is a unique characteristic of a scroll compressor.
This review is based on a report by Zion Market Research, titled “Scroll Compressors Market – By Type (Oil-free Scroll Compressors, Lubricated Scroll Compressors), By Technology (Single Stage, Two Stage) and By Application (Commercial, Residential, and Industrial): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026” report at https://www.zionmarketresearch.com/report/scroll-compressors-market-by-type-oil-free-scroll
It is expected that scroll compressors are expected to grow at a significant rate in the forecasted period. The demand generated by the commercial and industrial sectors is expected to augment the scroll compressors market in the forecasted time. Oil-free Scroll Compressors is the most popular type which is expected to fetch larger sales volume of the scroll compressor market across the world.
Factors driving the scroll compressor market:
Moreover, restraint for the scroll compressor market is as follow:
The opportunity in front of the scroll compressor market is as follow:
Technological Advancements in Scroll Compressors to increase energy and efficiency
The scroll compressor market is segmented according to type, technology, application, and regions. According to type, the market is segmented as oil-free scroll compressors and lubricated scroll compressors. The oil-free scroll compressors category is expected to have a major share in the forthcoming period owing to its efficient operation and less maintenance. On the basis of type segmentation, the “Oil-free Scroll Compressors” category, was the prominent revenue-producing category contributing to around 78% share, in 2019. According to technology, the market is segmented as single-stage and two-stage scroll compressors. The two-stage scroll compressor is expected to have prominent demand in the forecasted period. The variation in speeds according to the operation of the two-stage compressors saves energy. The energy-efficient operation of two-stage scroll compressors is augmenting the growth of the category.
According to an application, the market is segmented according to commercial, residential and industrial. The scroll compressors are often used for commercial applications. The scroll compressors are typically installed by the HVAC contractors in commercial buildings, companies, and factories for the specific applications. It is also used in automotive for supercharging. The use of scroll compressors for commercial operations is likely to boost the use of scroll compressors in the forecasted period.
According to the region, the market is segmented in regions such as North America, Europe, Asia Pacific, Latin America, and The Middle-East and Africa, The North American market is estimated to grow at a significant growth rate owing to ease in the trade, overall economic growth of the region and public-private partnership. Asia Pacific region is expected to grow at the fastest rate owing to growing investments in the commercial segments.
The report provides a competitive landscape for the leading market players. The competitive landscape gives detailed market share for leading market players according to sales and volume generated. The report also offers an extensive analysis of leading market players according to their products and their features, strategic developments and business strategies. The report delivers global presence, competitors and gross margin for each leading player.
List of key players
This report segments the Scroll Compressor market as follows:
Global Scroll Compressor Market: By Components Segment Analysis
Global Scroll Compressor Market: By Technology Segment Analysis
Global Scroll Compressor Market: By Application Segment Analysis
Global Scroll Compressor Market: Regional Segment Analysis
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