Scroll And Absorption Chillers Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth

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What Will the Scroll And Absorption Chillers Industry Market Size Be by 2025?
The market size for scroll and absorption chillers has seen robust growth in the past few years. The expansion is expected to continue from $8.69 billion in 2024 to $9.37 billion in 2025, marking a compound annual growth rate (CAGR) of 7.8%. Factors contributing to the growth during the historic period include the growing demand for cooling systems that are energy-efficient, the construction surge in commercial buildings, an increase in the use of heating, ventilation, and air conditioning (HVAC) systems in homes, heightened awareness of environmentally friendly refrigerants, and a rise in industrial applications that require process cooling.

What's the Long-Term Growth Forecast for the Scroll And Absorption Chillers Market Size Through 2029?
In the coming years, the scroll and absorption chillers market is anticipated to experience robust growth. The market is projected to expand to $12.47 billion by 2029, with a compound annual growth rate (CAGR) of 7.4%. Factors contributing to this growth in the projected period include an enhanced focus on carbon emission reduction, stricter energy consumption regulations imposed by governments, escalating investments in eco-friendly construction projects, growing demand for district cooling systems, and a rising requirement for compact and noiseless cooling solutions. Significant trends expected during this forecast period comprise advancements in low-global warming potential (GWP) refrigerant technologies, the technological incorporation of smart monitoring systems, the emergence of hybrid cooling systems, innovations in modular chiller designs, and improvements in scroll compressor efficiency.

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What Are the Key Growth Drivers Fueling the Scroll And Absorption Chillers Market Expansion?
The market is being propelled by an increase in construction activity, as there is a growing demand for energy-efficient cooling solutions in large buildings.

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Which Emerging Trends Are Transforming the Scroll And Absorption Chillers Market in 2025?
Prominent businesses in the scroll and absorption chillers market are striving to devise innovative strategies such as hydronic free cooling, with the goal of elevating energy efficiency and sustainability. Hydronic free cooling is a cooling technique that is noted for its energy efficiency, and works by circulating a water-glycol mix through an extra coil or multi-row coil to cool process fluid. This is done by swapping heat with outdoor air when the ambient temperatures are low. For instance, Daikin, an air conditioning producer based in Japan, rolled out the second version of its R32 cooling-only chillers in February 2023. This was a move to expand its low GWP (Global Warming Potential) scroll range to 1010 kilowatt (kW) and provide high-efficiency, low-carbon cooling solutions designed for process, industrial, and comfort cooling applications. Daikin's updated scroll and absorption chiller solution is characterized by its cutting-edge compressor technology, eco-friendly refrigerants, and the integration of free cooling, delivering improved energy efficiency and reliable cooling performance across a variety of industrial and commercial uses. Notably, the new generation of R32 cooling-only chillers boasts versatility, enabling effective cooling for myriad applications by utilizing the advanced scroll compressor technology, which contributes to superior energy performance and a reduced environmental footprint.

How Is the Scroll And Absorption Chillers Market Segmented?
The scroll and absorption chillers market covered in this report is segmented

1) By Type: Steam Absorption Chillers, Hot Water Absorption Chillers, Direct Fired Absorption Chillers
2) By Energy Source: Direct-Fired, Steam-Fired, Hot Water-Fired, Exhaust Or Waste Heat Recovery
3) By Cooling Capacity: 1,000 kilowatt (KW)
4) By Application: Commercial Buildings, Industrial Facilities, District Cooling Plants, Data Centers, Government And Institutional Facilities
5) By End User: Heating, Ventilation, And Air Conditioning (HVAC) Contractors And Engineering, Procurement, And Construction (EPC) Firms, Facility Management Companies, Industrial Process Operators, Energy Service' Companies (ESCOs), Real Estate Developers

Subsegments:
1) By Steam Absorption Chillers: Single-Effect, Double-Effect, Triple-Effect, Multi-Effect
2) By Hot Water Absorption Chillers: Single-Effect, Double-Effect, Low-Temperature Type
3) By Direct Fired Absorption Chillers: Single-Effect, Double-Effect, High-Efficiency Type

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Which Companies Are Leading the Charge in Scroll And Absorption Chillers Market Innovation?
Major companies operating in the scroll and absorption chillers market are Hitachi Ltd., LG Electronics Inc., Panasonic Holdings Corporation, Midea Group Co. Ltd., Mitsubishi Electric Corporation, Haier Smart Home Co. Ltd., Daikin Industries Ltd., Johnson Controls International Plc, Carrier Global Corporation, Voltas Limited, Thermax Limited, Blue Star Limited, Star Refrigeration Private Limited, Dimplex Thermal Solutions Inc., ROBUR S.p.A., H. Stars (Guangzhou) Refrigerating Equipment Group Ltd., Aermec UK Ltd., Kaltra GmbH, BROAD U.S.A. Inc., and Shenzhen Topchiller Co. Limited.

Which Regions Are Leading the Global Scroll And Absorption Chillers Market in Revenue?
North America was the largest region in the scroll and absorption chiller market in 2024. The regions covered in scroll and absorption chillers report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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