Rotary Scroll Air Compressor Market Size By Lubrication (Oil-Free, Oil-Filled), By Application (Home Appliances, Food & Beverage, Medical & Pharmaceuticals, Automotive & Transportation, Biotechnology), Industry Analysis Report, Regional Outlook, Industry Analysis, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026
Published on: 2024-07-30 | No of Pages : 240 | Industry : Industrial-Machinery
Publisher : MIR | Format : PDF&Excel
Rotary Scroll Air Compressor Market Size By Lubrication (Oil-Free, Oil-Filled), By Application (Home Appliances, Food & Beverage, Medical & Pharmaceuticals, Automotive & Transportation, Biotechnology), Industry Analysis Report, Regional Outlook, Industry Analysis, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026
Rotary Scroll Air Compressor Market Size
Rotary Scroll Air Compressor Market size was over USD 3.9 billion in 2019 and shall witness 3% CAGR throughout the forecast timespan. Rotary scroll compressors are sort of equipment that are primarily used for the compression of refrigerant or air. These gadgets are majorly used in refrigerators, air conditioners (AC), automobile superchargers and as vacuum pumps. It’s silent and efficient operational properties will boost the product consumption over the forecast timeframe.
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Increasing population coupled with the improvement in their spending power, mostly in the developing economies are stimulating the light commercial and residential air-conditioning systems advancement. This factor is anticipated to surge the demand for rotary scroll compressor in the coming future. The market will pull in heavy demand from medical and pharmaceutical industry as it is widely used to provide contaminant free air to patients through different medical equipment. Improving employability is also bringing in busier lifestyle, which is augmenting the demand for convenience food presently. This will ardently impact the product usage in food & beverage industry for its broad utilization as dampness control.
Most of the nations in Europe and North America have established new guidelines regarding different industrial equipment. These regulations were introduced to control the rising noise pollution levels, energy losses and greenhouse gas radiations. Owing to these recent guidelines, the industrial equipment manufacturers are shifting their interests towards energy-efficient equipment with minimum impact on the environment. This in turn will boost the rotary scroll air compressor’s popularity due to their minimum vibration levels, low sound, reliability and energy saving properties in the recent years.
Report Attribute | Details |
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Base Year | 2019 |
Rotary Scroll Air Compressor Market Size in 2019 | 26.9 Million units |
Forecast Period | 2020 to 2026 |
Forecast Period 2020 to 2026 CAGR | 3.0% |
2026 Value Projection | 27.1 Million units |
Historical Data for | 2016 to 2019 |
No. of Pages | 200 |
Tables, Charts & Figures | 162 |
Segments covered | Lubrication, Application |
Growth Drivers |
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Pitfalls & Challenges |
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However, rotary scroll compressors are moderately expensive which results in several customers renting the compressors instead of purchasing, as they are majorly required during occasional activities, this may obstruct the market development during the forecast timeframe. Moreover, the heavy spread of COVID-19 pandemic across the globe will pose major threat to the product market in the near future.
Rotary Scroll Air Compressor Market Analysis
Based on its revenue, oil-free segment captured more than 80% share in 2019 and is estimated to witness considerable growth during the forecast period. Swelling application from food & beverage, home appliances, and medical & pharmaceutical industry will advance the segment growth in the near future. Maintaining air purity is crucial for almost every plants and factories, where even a least portion of leaking oil, or oil contaminated air may cause spoilage, recall or damage to the production equipment. Several industries have introduced stringent regulations to ensure safeguard of both manufacturing practices and its end users.
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Oil-filled rotary scroll compressors generally finds usage in heavy-duty applications within the manufacturing industry. However, the segment will witness a sluggish growth rate over 2% in the near future since these compressors pose threat to the environment and is facing heavy competition from other sorts of compressor such as centrifugal, heavy-duty screw, and reciprocating compressors. These compressors require extra care and regular maintenance due to the presence of complex and heavier machinery. This type of scroll compressors are less expensive and lasts longer than oil free ones.
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Rotary scroll air compressors are extensively utilized in home appliances such as air conditioners and refrigerators growing at a pace over 3% by 2026. Pertaining to its silent operating feature and its ability to provide containment free compressed air within the system. Global freezer & refrigerator production was valued at about 200 million units in 2018, with Asia Pacific dominating with around 70% production share owing to the huge number of Chinese manufacturers present in the industry. Moreover, growing demand for air conditioners and refrigerators, driven by the rising disposable income, surging global temperature and technological enhancements in the industry will bolster the product usage considerably over the coming years.
These compressors also finds widespread use in the food and beverage industry around the world. It is used during food processing and packaging applications. Purified and dry air is provided through these scroll compressors, as to ensure and maintain quality of the packaged food item. Furthermore, the ever escalating population and its developing standard of life, hectic lifestyle and time constraints in preparation of meals in the urban localities have constantly supported the upsurge in demand for ready-to-eat food products and various beverages.
Rotary scroll air compressor market in Asia Pacific was estimated over USD 1 billion in 2019 and is probable to rise with a CAGR above 3% over forecast timespan. Developing urbanization, changing climatic conditions and increasing per capita income especially in India, Japan and China are boosting the residential air conditioner sale, which is directly propelling the market growth in region. Additionally, the scroll compressors are energy efficient in nature, which further supports its growing demand in the less affluent countries of the region. However, the scroll compressors are almost impossible to be repaired, it is mostly required to be replaced during any sort of breakdown, since its cooling ability can also heat up the compressor itself, resulting in its shutdown.
Europe also holds a significant volume share over 15% among the overall product market in 2019. Presence of major product manufacturers and rising competition within them will result in various technological advancements in the region. In addition, numerous innovations in medical and pharmaceutical industry is anticipated to catapult the product usage in the recent years. Also, imposing of stringent regulations concerning greenhouse gas emissions and energy consumption will advance the rotary scroll air compressor demand in the near future.
Rotary Scroll Air Compressor Market Share
The major rotary scroll air compressor market contributors are
- Atlas Copco
- Ingersoll-Rand
- Gardner Denver
- Emerson
- Sullair
- Hitachi
- Frank Technologies
- Boge Compressors
- CompAir
- Ohio Medical Corp
- Air Squared
- Powerex Inc
- EMSE, Inc
- FS Curtis
- Parker Hannifin Manufacturing Ltd. etc.
Rotary scroll air compressors research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue in Thousand Units and USD Million from 2016 to 2026, for the following segments
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Rotary Scroll Air Compressor Market, By Lubrication
- Oil-free
- Oil-filled
By Application
- Home appliances
- Food & beverage
- Medical & pharmaceuticals
- Automotive & transportation
- Biotechnology ( research, etc.)
- Others ( semiconductor & electronics, commercial printing, etc.)
The above information is provided on a regional and country basis for the following
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- APAC
- China
- India
- Japan
- Australia
- Indonesia
- Malaysia
- LATAM
- Brazil
- Mexico
- MEA
- South Africa
- Saudi Arabia
- UAE
Table of Content
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To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )