DUBLIN, May 23, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Rotary Air Compressor Market 2016-2020" report to their offering.
About Rotary Air Compressor
The global rotary air compressor market to grow at a CAGR of 4.05% during the period 2016-2020.
Global Rotary Air Compressor Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. The report covers the present scenario and the growth prospects of the global rotary air compressor market for 2016-2020. To calculate the market size, the report considers the demand for rotary air compressor from end-users.
Continual innovations have led to the development of next-generation air compressors. Extensive R&D has enabled vendors to incorporate variable speed drives into their air compressors. Vendors are now manufacturing air compressors that make use of variable speed technology and a unique drive to manipulate the speed. A variable speed drive automatically controls compressor operation based on users' requirement for compressed air.
The superlative energy efficiency provided by this type of air compressor is attributed to its continuous and real-time operational nature. This helps in reducing electricity and fuel consumption, thus aiding in curbing the emission levels; it also leads to substantial reduction in energy consumption of up to 35% compared to fixed-speed air compressors.
According to the report, demand from the HVAC industry is playing a big role the growth of the rotary air compressor market. Rotary air compressors are key components of air conditioning systems and heat pumps. In refrigeration systems, rotary compressors compress refrigerant vapor, thereby raising the temperature and refrigerant pressure. Rotary vane and rotary screw compressors are the most common type of rotary air compressors used in HVAC applications. Rotary vane air compressors are employed in light-duty HVAC applications such as residential split air conditioning systems and mini-split ductless AC systems.
Further, the report states that the reluctance to adopt new technologies due to high prices is likely to hamper the growth of the rotary air compressor market.
Other prominent vendors
- MAN Diesel
- Rogers Machinery Company
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
For more information visit http://www.researchandmarkets.com/research/dqmds2/global_rotary_air
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-rotary-air-compressor-market-2016-2020---reluctance-to-adopt-new-technology-is-a-market-challenge---research-and-markets-300273138.html
SOURCE Research and Markets