Rotary scroll air compressor demand in medical & pharmaceuticals sector is growing at a rapid pace with the provision to provide conditioned quality air to patients, in order to prevent air-borne infections and helps to keep them under isolation. Moreover, rotary scroll air compressor is also used by various medical laboratories such as hematology lab, microbiology lab, immunology lab, etc. to maintain a specific room temperature for running different tests. Growing need to maintain hygienic environment in the industry will drive the rotary scroll air compressor market by 2024. —
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Rotary Scroll Air Compressor Market is likely to cross USD 5.5 billion by 2024, according to research report.
European region has seen reasonable product penetration across home appliance and food & beverages sectors over the recent years. Furthermore, the fair presence of medical & pharmaceutical industries in the region will further spear the rotary scroll air compressor market growth in the region. Modern features such as thermal cameras will help to regulate air compressor temperature in the new product variants, that will increase its penetration across the different application in the region.
Growth in automotive & transportation sector globally will create a massive demand for rotary scroll air compressor due to extensive usage for superchargers that helps to increase the density or pressure of the air supplied to an IC engine. Similarly, the product has wide demand for vacuum pumps to eliminate gas fragments from a sealed volume and find wide application in both medical and automotive sectors, the above mentioned trends will propel the product demand in the near future.
Browse key industry insights report, “Rotary Scroll Air Compressor Market Size By Lubrication (Oil-Free, Oil-Filled), By Application (Home Appliances, Food & Beverage, Medical & Pharmaceuticals, Automotive & Transportation, Biotechnology, Others), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2024”.
Market of rotary scroll air compressor segmented based on lubrication technique and application. On lubrication bases, the market is categorized into oil-filled and oil-free. Oil-filled segment is projected to grow with a CAGR more than 2% by volume as a result of growing demand from medical & pharmaceutical, home appliances and food & beverage industry. Oil-free segment is expected to rise over a CAGR of 3% by revenue for the projected timespan.
On application basis, the rotary scroll air compressor market is divided into food & beverage, home appliances, medical & pharmaceutical, biotechnology, automotive & transportation and others, that include commercial printing, semiconductor & electronics, etc. Biotechnology segment is predicted to increase with a CAGR of 2% by volume due to the rise in demand of product for maintaining sterile atmosphere for research, lab equipment, etc.
High maintenance cost and low airflow capacity in comparison to other forms of air compressors such as reciprocating, screw and centrifugal compressors may hamper the product growth. Stiff energy standards to maintain for energy conservation and efficiency directives in the many regions may strongly impact the rotary scroll air compressor market growth in the coming years.
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The dominent players in rotary scroll air compressor market are Gardner Denver Inc., Atlas Copco, Boge Compressors, Sullair, LLC, Emerson Climate Technologies Inc., Ingersoll-Rand plc., etc.
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