Press release
Rotary Scroll Air Compressor Market Forecast Analysis and Top Manufacturers: Atlas Copco, Boge Compressor, Gardner Denver, Sullair
Rotary Scroll Air Compressor Market
Growth in electronics industry in developing economies in Asia will inherently propel the rotary scroll air compressor market demand in coming years. The air compressors find its wide-ranging usage in the manufacturing process of semiconductor and electronic products. The market will likely surpass USD 2 billion by 2024; according to a new research report.
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The use of the product in medical apparatus will enhance the market of rotary scroll air compressor owing to its low vibrations, continuous clean air supply and low noise level characteristics. Purified air is needed in the medical sector in equipment such as mammography, blood analyzer, X-ray, endoscopy etc. Increasing health concerns and rising disposable income in emerging economies will augment the medical industry which in turn will increase the medical equipment demand further propelling the rotary scroll air compressor market development. Factors such as technological development and advanced healthcare facilities will also positively influence the industry in upcoming years.
Stringent rules and regulation by various national governments regarding energy conservation, emission of greenhouse gases, and noise pollution related to the use of air compressors will be the restraining factors of this industry. Owing to the product's high cost and maintenance, rental services are a common phenomenon which may hamper the industry's growth in coming years.
Rotary Scroll Air Compressor market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2013 to 2024, for the following segments:
Rotary Scroll Air Compressor Market by Lubrication
• Oil-free
• Oil-filled
Rotary Scroll Air Compressor Market by Application
• Food & Beverage
• Semiconductor & Electronics
• Manufacturing
• Medical
• Dental
• Others
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Rotary Scroll Air Compressor Market is bifurcated based on its application and lubrication. Oil-free and oil filled scroll air compressors are the segments under the lubrication category. In 2016, oil free air compressor accounted for over 80% of the overall industry and is likely to spur at a healthy rate by the end of the study period due to the surging demand for contaminant and oil free air in the medical and dental sector.
Rotary Scroll Air Compressor Market is segmented based on application into food & beverages, electronic & semiconductors, medical, dental, manufacturing and other applications which include packaging, chemical, textile, etc. In 2016, the medical segment acquired approximately one-third of total rotary scroll air compressors market share and will gain by a significant rate in coming years owing to wide usage in medical apparatus such as diagnostic machine, operating equipment, and purified air supply systems.
Europe held approximately one-fourth of total market share owing to growth in medical and manufacturing sector. Strict rules by European governments related to industrial and workplace air quality and growth in the pharmaceutical manufacturing industry will bolster the market development in this region.
Major industry participants in Rotary Scroll Air Compressor Market includes:
• Emerson Climate Technologies
• Atlas Copco
• Boge Compressor
• Gardner Denver
• EMSE
• Frank Technologies
• Ingersoll-Rand
• Sullair
• Hitachi
• Parker Hannifin
• Ohio Medical
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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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