Rotary Scroll Air Compressor Market – USD 2 billion revenue by 2024 - PowerPoint PPT Presentation

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Rotary Scroll Air Compressor Market – USD 2 billion revenue by 2024

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Major players in the Rotary Scroll Air Compressor Market include Gardner Denver, Ingersoll-Rand plc, Parker Hannifin Manufacturing, Atlas Copco, Hitachi Industrial, Emerson, Boge Kompressoren, Air Squared, Frank Technologies, Sullair, Ohio Medical, EMSE, Aeronamic, Curtis-Toledo, Powerex and CompAir. – PowerPoint PPT presentation

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Title: Rotary Scroll Air Compressor Market – USD 2 billion revenue by 2024


1
Rotary Scroll Air Compressor Market USD 2
Billion revenue by 2024
2
Key Insights from Rotary Scroll Air Compressor
Market
  • Rising electronic product manufacturing in Asia
    Pacific will drive the demand for Rotary Scroll
    Air Compressor Market during the forecast period
    due to its extensive usage in semiconductor and
    electronics manufacturing and servicing
    application. Oil contamination and undesirable
    vibrations may lead to expensive maintenance
    costs and production shutdowns in electronics
    industry due to involvement of several precision
    manufacturing works such as cleaning of PCB,
    circuitry assembling, semiconductor
    manufacturing, etc. Hence oil-free, vibration
    less, and silent rotary scroll air compressors
    are preferred in these industries.
  • Increasing dental health awareness amongst people
    and rising income levels will also drive the
    product demand in forecast spell as it finds
    application in powering various dental equipment
    and tools due to its exceptional features such as
    low vibration and noise. According to the
    American Dental Association, more than 50 of the
    adults visited dentists every six months in the
    U.S. in 2014, while over 15 practice annual
    visitation. Rising technological advancements in
    the dental field and awareness in the emerging
    nations will significantly propel the oil-free
    rotary scroll air compressor market demand over
    forecast timeframe.

3
Continued...
  • High purchasing cost and low flow capacity as
    compared to other air compressors, including
    centrifugal, screw, or reciprocating types, are
    the major hindrances for the rotary scroll air
    compressor market growth by 2024. These products
    are unrepairable as its parts cannot be
    disassembled and this, in turn, will incur
    purchasing a heavy operational cost. The flow
    capacity ranges up to 120 cfpm, which is less
    than other air compressors found in the field.
  • The market is categorized based on lubrication
    and application. The lubrication segment includes
    oil-filled and oil-free rotary scroll air
    compressors. The oil-free category will hold sway
    the industry, growing at more than 3 CAGR in the
    next seven years. Oil-filled products find
    application in manufacturing domain where higher
    capacity and maximum discharge compressor is
    required but will face considerable threats from
    heavy-duty screw, centrifugal, or reciprocating
    compressors.

4
Continued...
  • The rotary scroll air compressor market
    application segments include manufacturing,
    medical, dental, food beverage, electronics
    semiconductor, and others. Minor segments such as
    chemical laboratories, packaging industry,
    textile, etc. are considered under the others
    segment. Medical is the major application segment
    which will capture more than 40 of the global
    rotary scroll air compressor market share by the
    end of the forecast period. This is due to wide
    product application in medical equipment and
    tools including operating equipment, medical air
    supply system, and diagnostic machines.

5

Latest Research Report on Rotary Scroll Air
Compressor Market _at_ https//www.gminsights.com/i
ndustry-analysis/rotary-scroll-air-compressor-mark
et Request for a sample of this research
report _at_ https//www.gminsights.com/request-sampl
e/detail/2128
6
Industry Coverage

7
Germany Rotary Scroll Air Compressor Market Size,
by Application, 2013 2024 (USD Million)

8
Major Companies in Rotary Scroll Air Compressor
Market
  • Gardner Denver
  • Ingersoll-Rand plc
  • Parker Hannifin Manufacturing
  • Atlas Copco
  • Hitachi Industrial
  • Emerson
  • Boge Kompressoren
  • Air Squared
  • Frank Technologies
  • Sullair
  • Ohio Medical
  • EMSE
  • Aeronamic
  • Curtis-Toledo

9
Regional Insights in Rotary Scroll Air Compressor
Market
  • Europe held over 25 of total rotary scroll air
    compressor market share and will grow at a
    moderate rate by 2024. This is due to mature
    healthcare and food beverage industries coupled
    with a developing industrial sector in Eastern
    Europe.
  • Asia Pacific rotary scroll air compressor market
    was valued above USD 800 million in 2016 and will
    likely grow healthily over forecast period. Asian
    countries such as India, China, etc. will be the
    key contributors to the regional industry growth.
    Growing healthcare awareness and presence of
    large elderly population in the region is likely
    to fuel the healthcare sector.
  • North America is also an important market
    accounting for over 12 of the total share. This
    region is likely to witness the significant
    growth owing to government regulations and
    incentives which promote the usage of energy
    efficient equipment. The product demand from food
    beverage application segment will bolster the
    regional market by 2024

10
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