Rotary Air Compressor Market Size and Forecasts (2021 – 2031)
Rotary air compressors are equipment that is used for the compression of air. These equipment are majorly used in refrigerators, automobile superchargers, air conditioners (AC), etc. The increasing usage of rotary air compressors across the industries due to its benefits such as enhanced safety, improved operational efficiency, enhanced productivity, and cost-effective products. Thus, the rising demand for the rotary air compressors among the industries which boosting the growth of the rotary air compressors market. Moreover, rotary air compressors are lighter, portable, and have low noise levels, which also fuel the demand for the rotary air compressor market.
The rotary air compressor market is obtaining popularity due to the rising need for energy-efficient products, increasing application areas, penetration of IoT & industry 4.0, rise in the number of industrial infrastructure projects, and increased investment across all the industries. However, the availability of alternative air compressors such as reciprocating is the key hindering factor for the growth of the rotary air compressor market. Furthermore, the wide range of applications of rotary air compressors in oil & gas, chemicals, power generation, construction, mining, pharmaceuticals, food & beverages, and others are expected to influence the growth of the rotary air compressor market.
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Top Key Major Players:-
1. Atlas Copco
2. Doosan Portable Power
3. Elgi Equipments Limited
4. Hitachi Ltd.
5. Howden Group
6. Ingersoll-Rand plc
7. Kaeser Kompressoren
8. Kaishan Compressor
9. Kobe Steel, Ltd.
10. Quincy Compressor LLC