Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global Rotary
Air Compressor Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Rotary Air Compressor Market.
The research also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and global Rotary Air Compressor Market over the
short as well as long period of time. A detailed presentation of forecast, trends,
and dollar values of global Rotary Air Compressor Market is offered. In
accordance with the report, the global Rotary Air Compressor Market is
projected to expand at a CAGR of 4.3% over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Equipments that
are used for compression of air or refrigerants are known as rotary air
compressors. Air Compressors are majorly used in air conditioners,
refrigerators, vacuum cleaners etc.
With increasing
population and their purchasing power, the demand for air conditioners and
refrigerators have increased considerably, thereby leading to higher demand for
the product. Also, rotary air compressors are used in medical equipment to
provide impurity free air to patients, thereby surging the demand of this
product in medical and pharmaceuticals industry. This product is also used by
food & beverage industry for its broad utilization as dampness control.
With increased demand for convenience food, due to busy lifestyle, the demand
for rotary air compressors in food & beverage industry will also surge the
market further. Apart from the above, rotary Air Compressors are used in
various other industries which include oil and gas, chemicals, waste
management, generation of power, mining, etc. With the increase in need of
energy cost-effective products, greater application areas, access to IoT and
Industry 4.0 are the major factors responsible for the growth of Rotary Air
Compressors market globally in the forecast period. Also, with the number of
increase in construction activities globally, the demand for rotary air
compressors have rapidly increased. Competitive features like no-noise, minimum
vibration levels, reliability, energy saving properties, efficient operational
properties along with stringent government rules and regulations concerning
greenhouse emission and energy consumption, in addition to growing demand for
oil free compressed air in several end-user industry are major drivers that led
to increase demand of this market globally. However, rotary air compressors are
expensive, thereby resulting in customers renting the compressors instead of
purchasing, thereby resulting in decline of market development in the forecast
period.
With an increase in automotive production & trades,
boosted investment in oil and gas industry and increasing emphasis on boosting
oil and gas production, has led to APAC region being the largest rotary air
compressor market in recent years. The prominent players are constantly aiming on revolutionizing
their product offerings to distinguish themselves and to earn maximum market
traction. Manufacturers are now producing air compressors that make use of
varying speed technology and a unique drive to control the speed. A varying
speed drive automatically controls compressor function based on users’ needs
for compressed air. The high-energy productivity extended by this type of air
compressor will have an advantage to increased implementation during the
forecast period.
Segment Covered:
This market
intelligence report on the global Rotary Air Compressor Market encompasses
market segments based on lubrication, product type, technology, end use and country/regions.
In terms of Lubrication, the global Rotary
Air Compressor Market is segregated
into
§ Oil Free
§ Oil Filled
By product type, the global Rotary Air
Compressor Market is also
classified into,
§ Portable
§ Stationary
By technology, the global Rotary Air
Compressor Market is also
classified into,
§ Rotary
ü Screw
ü Scroll
§ Reciprocating
§ Centrifugal
By End Use, the global Rotary Air Compressor
Market is also
classified into,
§ Home Appliances
ü Air Conditioners
ü Refrigerators
§ Food & Beverage Industry
§ Oil & Gas Industry
§ Automobile Industry
ü Superchargers
§ Energy Industry
§ Semiconductors
§ Electronic Industry
§ Manufacturing Industry
§ Healthcare Industry
§ Others
ü Vacuum Pumps
By country/region, the global Rotary Air
Compressor Market has been divided
into
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ Atlas Copco AB
§ DENSO Corporation
§ Elgi Equipments Ltd
§ General Electric Co.
§ Hitachi Ltd
§ Ingersoll Rand Inc.
§ Kobe Steel Ltd
§ Mitsubishi Heavy Industries Ltd.
§ Siemens AG
§ Volkswagen AG and many more
Other players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Rotary Air Compressor related investment &
spending and developments by major players of the market are tracked in this
global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Rotary Air Compressor Market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account
2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Rotary Air
Compressor Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Atlas Copco AB, DENSO
Corporation, Elgi Equipments, General Electric Co., Hitachi Ltd., Ingersoll
Rand Inc., Kobe Steel Ltd., Mitusbishi Heavy Industries Ltd, Siemens AG,
Volkswagen AG and many more.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Rotary Air
Compressor Market caters to the needs
of various stakeholders pertaining to this industry, namely suppliers, manufacturers,
investors, and distributors for Rotary Air
Compressor Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Rotary Air Compressor Market
v
Identification
of key factors driving investment opportunities in the Rotary Air Compressor
Market
v
Facilitate decision-making
based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants