Scroll and Absorption Chillers Market Forecasted to Reach USD 12.35 Bn by 2032, with a CAGR of 5.06% from 2025 to 2032

The Scroll and Absorption Chillers Market was USD 8.32 Bn in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 5.06 % from 2025 to 2032, reaching USD 12.35 Bn by 2032. The Scroll and Absorption Chillers Market is heavily influenced by energy efficiency. Scroll and absorption chillers are especially well-known for their energy efficiency and capacity to deliver efficient cooling while using less power than conventional chiller systems. According to the Montreal Protocol and regional environmental regulations, the switch from CFCs and HCFCs (ozone-depleting compounds) to ecologically benign refrigerants in scroll chillers is also a significant driver. The need for air conditioning and process cooling systems in commercial buildings and industrial settings is experiencing growth. Technological advancements such as advancements in chiller technology and variable speed drives (VSD) are being added to scroll chillers more often, enabling them to maximize energy consumption and change speed in response to demand. North America contributed 35% of the global market’s revenue, with the United States leading the market.

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Scroll and Absorption Chillers Market Segmentation

By Product: Scroll Chillers are renowned for their dependability and minimal maintenance requirements in contrast to other kinds of chillers. Scroll chillers accounted for 60% of the global market in 2023. Scroll chillers are available in a range of capacities, from 101 kW to 300 kW. Absorption chillers held a 40% share of the global market in 2023. Absorption chillers with capacities ranging from 101 kW to 300 kW are frequently seen in mid-sized commercial and industrial applications.

By Capacity: <100 kW (Less than 100 kW) is ideal for small-scale business and residential spaces, including homes, workplaces, and small stores. 101 kW–300 kW Ideal for medium-sized businesses such as malls and medical facilities. 301 kW–700 kW chillers are crucial for establishments needing large cooling capacity. >701 kW (Greater than 701 kW) chillers are used in district cooling systems and large-scale manufacturing facilities.

Scroll and Absorption Chillers Market Regional Analysis

North America: North America generated 35% of the global revenue for the Scroll and Absorption Chillers Market in 2023. With the U.S accounting for $2.1 billion, the Canadia market is projected to grow at a CAGR of 6.1% from 2025 to 2032, and the Mexico market is expected to witness a CAGR of 5.2%. Key players like Carrier Global Corporation and Daikin Industries Ltd. dominate the North American market.

Europe: The European Scroll and Absorption Chillers Market is projected to grow at a CAGR of 3.9% from 2025 to 2032. Europe accounted for around 30% of the market’s global sales in 2023. Key players like Climaveneta, Carel Industries, Mitsubishi Electric Hydronics & IT Cooling Systems, Trane, and Johnson Controls dominate the European market.

Asia-Pacific: Asia-Pacific dominates the Scroll and Absorption Chillers Market, with China leading the market, with the market value of $224.2 million by 2032. In 2024, the market for APAC absorption chillers was estimated to be worth $529.32 million. Key players like Mitsubishi Electric Corporation, Trane Technologies, Johnson Controls, Daikin Industries Ltd., Carrier Global Corporation, LG Electronics, Broad Group, Blue Star Limited, and Emerson Electric Co. dominate the Asian market.

Scroll and Absorption Chillers Market Competitive Landscape

Mitsubishi Electric Corporation: In January 2025, Gervigreind Data Science Pvt. Ltd. (Itanta Analytics), an Indian software firm, was purchased by Mitsubishi Electric India Pvt. Ltd., a subsidiary of Mitsubishi Electric.

Trane Technologies: In January 2025, Trane Technologies successfully acquired BrainBox AI in January 2025, incorporating cutting-edge AI technologies

Johnson Controls: In July 2024, Bosch agreed to purchase the home heating, ventilation, and air conditioning (HVAC) businesses of Hitachi and Johnson Controls for approximately $8 billion.

Recent Developments:

• In June 2024, the 30 RB Air-Cooled Modular Scroll Chiller was created by Carrier India to address the changing cooling requirements of various industries, including metro systems and railroads.
• In October 2024, the PRO4 Series Chiller from PRO Refrigeration was introduced as it has a small footprint, is modular, and requires less maintenance.

Conclusion

• The Shift towards more ecologically friendly refrigerants like R-32 is also supporting the expansion of the scroll chillers market.
• The need for chillers that utilize low-GWP (Global Warming Potential) refrigerants and require less electricity is being driven by the rising desire for green technology as well as strict environmental restrictions.

Releted Reports:

Absorption Chillers Market size was valued at USD 1.52 Billion in 2023 and the total Absorption Chillers Market is expected to grow at a CAGR of 4.76% from 2024 to 2030, reaching nearly USD 2.10 Billion.

Offshore AUV and ROV Market is expected to reach US$ 10.75 Bn. by 2029 with a CAGR of 14.3%, during the forecast period.

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