Rotary Scroll Air Compressor Market Size to Reach USD 5.9 Billion by 2032 growing at 3.8% CAGR - Exclusive Report by Acumen Research and Consulting

The Rotary Scroll Air Compressor market, valued at USD 4.2 Billion in 2023, is projected to surpass USD 5.9 Billion by 2032, indicating a robust CAGR of 3.8% A rotary scroll air compressor is a positive displacement compressor that compresses air using two interleaving scrolls. This design produces smooth, continuous air compression, making scroll compressors quieter, more efficient, and has less moving parts than standard compressors. These compressors are usually oil-free, resulting in clean, contamination-free air output, which is critical for many delicate applications. Rotary scroll air compressors are widely utilized in industries such as food and beverage, medical, pharmaceutical, electronics, and HVAC systems, which require clean, dependable, and efficient air. The growing emphasis on energy economy and environmental sustainability is driving the use of these compressors in a variety of industries. Rotary Scroll Air Compressor Market Statistics The global rotary scroll air compressor market generated USD 4.2 billion in 2023 and is expected to grow at a robust CAGR of over 3.8% from 2024 to 2032 Asia-Pacific led the market in 2023, contributing USD 1.60 billion in revenue The Europe region is projected to experience significant growth, with a CAGR of 4.2% The stationary air compressor type held the largest market share, accounting for 58% in 2023 The oil-free form sub-segment dominated the market, achieving 65% of the market share in 2023 A discernible trend in the rotary scroll air compressor market is stringent air quality regulations are increasing the adoption of oil-free compressors Access Table Of Content: https://www.acumenresearchandconsulting.com/table-of-content/rotary-scroll-air-compressor-market Rotary Scroll Air Compressor Market Dynamics Rising Industrial Automation and the Need for Reliable Compressed Air Systems in Manufacturing Processes Fuels the Rotary Scroll Air Compressor Market Value The rise of industrial automation is driving up demand for rotary scroll air compressors, as automated systems require reliable and constant compressed air to function properly. For instance, according to Association for Advancing Automation, in North America, industrial Automation purchases in Q1 2023 were greater than the same quarters in the previous five years. Q1 2023 has the highest amount of acquisitions in the last five quarters. The increase in investment activity in the industrial automation industry is predicted to continue until 2023. As companies strive for greater automation to boost production and eliminate manual involvement, the demand for efficient air compression solutions increases.  Increasing Investments in Renewable Energy Sources, Creating Opportunities for Application in Solar and Wind Energy Systems Offer Significant Rotary Scroll Air Compressor Market Opportunity Increased expenditures in renewable energy, notably solar and wind energy systems are creating new prospects for the rotary scroll air compressor market. For instance, according to ICRA, India's installed renewable energy capacity is predicted to expand to around 170 GW by March 2025, up from 136.57 GW in December 2023. Additionally, according to India Brand Equity Foundation, as of 2023, India ranked fourth in wind and solar power capacity, as well as fourth in renewable energy installed capacity. These energy initiatives necessitate highly dependable and efficient air compressors for a variety of purposes, including cooling systems, maintenance duties, and energy storage procedures. Rotary scroll air compressors, noted for their oil-free and energy-efficient operation, are ideal for these clean energy conditions, where pollution is minimized and energy consumption is optimized. As the worldwide focus changes to decreasing carbon emissions and promoting sustainability, there is a growing demand for innovative air compressors that are environmentally benign. Rotary Scroll Air Compressor Market Segmentation The global market for rotary scroll air compressor has been segmented into type, lubrication method, end-user industry, and region. Type is bifurcated into portable air compressor, and stationary air compressor Lubrication method are divided into oiled, and oil-free End-user industry are categorized into food & beverage, oil & gas, manufacturing, power generation, medical, and others The rotary scroll air compressor market is geographically split into Europe, North America, Latin America, APAC, and the Middle East and Africa Rotary Scroll Air Compressor Market Regional Outlook In terms of rotary scroll air compressor market analysis, Asia-Pacific dominating in market, owing to rising industrialization and urbanization, especially in emerging economies like as China and India. For instance, according to International Energy Agency, India's urban population is forecast to increase dramatically, with an estimated 270 million people relocating to cities by 2040. This is the equivalent of adding a city the size of Los Angeles to India's urban environment each year. Despite this rapid and large-scale urbanization, the share of India's total population living in cities will stay below 50% by 2040, implying that the bulk of the country's population will continue to live in rural areas. As air quality regulations tighten, demand for oil-free and sustainable air compression solutions grows across Asia-Pacific. The European region is experiencing significant growth in the rotary scroll air compressor market. Furthermore, the existence of significant industry players and technological breakthroughs in air compressor systems help to drive market leadership. Europe’s significant expenditures in automation support its dominant position. Rotary Scroll Air Compressor Market Players Rotary scroll air compressor companies profiled in the report include Porter Cable, Ingersoll-Rand PLC, Suzler Ltd., Atlas Copco AB, Gardner Denver, Elgi Equipments Limited, Campbell Hausfeld, Kirloskar Pneumatic Company Limited, Kobe Steel Ltd., Ebara Corporations, VMAC Global Technology Inc., and Mitsubishi Heavy Industries Ltd. Enquire Before Buying https://www.acumenresearchandconsulting.com/inquiry-before-buying/1406 Receive our personalized services and customization by clicking here https://www.acumenresearchandconsulting.com/request-customization/1406 Mr. Richard Johnson Acumen Research and Consulting India: +91 8983225533 E-mail: sales@acumenresearchandconsulting.com