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Rotary Scroll Air Compressor Market 2019 - Analysis and Opportunity Assessment to 2025

Author : Rahul Varpe | Published Date : 2019-10-02 

The Rotary Scroll Air Compressor Market study added by Global Market Insights presents a detailed analysis of the influential trends prevailing in this business sphere. This research report also offers definitive information concerning the commercialization of this vertical, market size, and revenue estimation of this industry. The study explicitly illustrates the competitive standing of key players over the projected timeline while incorporating their individual portfolios & geographical expansion.

With rising population, urban climatic conditions and disposable income in emerging economies, the use of efficient air cooling appliances is likely to surge over the coming years, in turn supplementing market growth. Citing one such instance, IEA’s 2018 report claim that the global stock of air conditioners in buildings will reach 5.6 billion by 2050, up from current 1.6 billion trends.

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With rapid urbanization and an increase in people’s standard of living, the use of rotary scroll air compressors has, of late, grown significantly in certain home appliances. The component allows products to provide low noise, energy efficient operations whilst offering cleaner compressed air across the system, benefits that bring about significant aids to human health, comfort and productivity.

Some oil-free compressors are also designed specifically for industrial and laboratory applications to offer the highest level of air purity and eliminating the risk of product contamination due to oil carryover. In addition, the technology also helps in avoiding expensive filter replacements, cutting the cost of oil condensate treatment, and reducing energy loss from pressure drop in filters – benefits that will significantly propel the product adoption in the aforementioned sectors. In fact, the oil-free rotary scroll air compressor market is expected to register a CAGR of 3% over 2019-2024.

Rotary Scroll Air Compressor Market, By Application

  1. Home appliances
  2. Food & beverage
  3. Medical & pharmaceutical
  4. Automotive & transportation
  5. Biotechnology
  6. Others

Rotary Scroll Air Compressor Market, By Lubrication

  1. Oil-free
  2. Oil-filled

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Based on lubrication, oil-free rotary scroll air compressor offers key features like high reliability, low vibration and sound levels, continuous operation, 100% duty cycle, energy efficient, compact design, low maintenance and cleaner air outputs, essential features required in medical, research and biotechnology sector.

Surging demand for cooling systems in residential and commercial spaces along with rising global population will propel rotary scroll air compressor market growth over the coming years. Air conditioners (A/C) have certainly become an essential consumer appliance in both residential and commercial sectors. In fact, according to the U.S Department of Energy (DoE) report, A/C represent to about a $100 billion, 100 million-unit/year global market, accounting for 4.5 exajoules of site energy consumption each year.

With a vast expanse of applications including home appliances, medical & pharmaceutical, food & beverage, automotive & transportation, and biotechnology industries, the growth prospects for rotary scroll air compressor market are anticipated to remain high. The key features associated with the product like low sound and vibration, high reliability and efficiency and low cost for maintenance is slated to attract added market growth in the ensuing years. In terms of commercialization, global rotary scroll air compressor market size is estimated to exceed a valuation of USD 5.5 billion by 2024.

The dominant players in rotary scroll air compressor market are:

  1. Gardner Denver Inc.
  2. Atlas Copco
  3. Boge Compressors
  4. Sullair LLC
  5. Emerson Climate Technologies Inc.
  6. Ingersoll-Rand plc.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone:1-302-846-7766

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Email: [email protected]     

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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