Rotary Air Compressor Market End-User (Manufacturing Industry, Mining, and Metallurgy Industry) and Geography (APAC, Europe, MEA, North America, and South America) | COVID-19 Impact Analysis | Technavio
Technavio has been monitoring the rotary air compressor market and it is poised to grow by USD 1.88 billion during 2020-2024, progressing at a CAGR of over 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Forecast of how market drivers, restraints, and future opportunities will affect the market dynamics
Segments and regions that will drive or lead market growth and why
Comprehensive mapping of the competitive landscape
In-depth analysis of key sustainability strategies adopted by market players
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio's in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts
Frequently Asked Questions-
Based on segmentation by end-user, which is the leading segment in the market?
The manufacturing industry is expected to be the leading segment based on end-user in the global market during the forecast period.
What are the major trends in the market?
Growing preference for energy efficient rotary air compressors is one of the major trends in the market.
At what rate is the market projected to grow?
Growing at a CAGR of over 2%, the incremental growth of the market is anticipated to be USD 1.88 billion.
Who are the top players in the market?
Atlas Copco AB, DENSO Corp., Elgi Equipments Ltd., General Electric Co., Hitachi Ltd., Ingersoll Rand Inc., Kobe Steel Ltd., Mitsubishi Heavy Industries Ltd., Siemens AG, and Volkswagen AG. are some of the major market participants.
What are the key market drivers and challenges?
Rising number of HVAC installations is one of the major factors driving the market. However, fluctuations in raw material prices will restrain market growth.
How big is the APAC market?
The APAC region will contribute 52% of market growth.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Atlas Copco AB, DENSO Corp., Elgi Equipments Ltd., General Electric Co., Hitachi Ltd., Ingersoll Rand Inc., Kobe Steel Ltd., Mitsubishi Heavy Industries Ltd., Siemens AG, and Volkswagen AG are some of the major market participants. The rising number of HVAC installations will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Rotary Air Compressor Market 2020-2024: Segmentation
Rotary Air Compressor Market is segmented as below:
End-user
Manufacturing Industry
Mining and Metallurgy Industry
Others
Geography
APAC
Europe
North America
MEA
South America
Rotary Air Compressor Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The rotary air compressor market report covers the following areas:
Rotary Air Compressor Market Size
Rotary Air Compressor Market Trends
Rotary Air Compressor Market Analysis
This study identifies growing preference for energy efficient rotary air compressors as one of the prime reasons driving the rotary air compressor market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
Rotary Air Compressor Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist rotary air compressor market growth during the next five years
Estimation of the rotary air compressor market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the rotary air compressor market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of rotary air compressor market vendors
Table of Contents:
Executive Summary
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by End-user
Market segments
Comparison by end-user
Manufacturing industry - Market size and forecast 2019-2024
Mining and metallurgy industry - Market size and forecast 2019-2024
Others - Market size and forecast 2019-2024
Market opportunity by end-user
Customer Landscape
Geographic Landscape
Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends
Vendor Landscape
Vendor landscape
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
Atlas Copco AB
DENSO Corp.
Elgi Equipments Ltd.
General Electric Co.
Hitachi Ltd.
Ingersoll Rand Inc.
Kobe Steel Ltd.
Mitsubishi Heavy Industries Ltd.
Siemens AG
Volkswagen AG
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
About Us
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