Rotary Scroll Air Compressor Market Analysis

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.

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.
 

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.