The global market for rotary air compressors is on a surge, with a diverse selection of different driving forces depending on the different regions of the world.
According to a Technavio report, the global rotary air compressors market will grow at 4% on a compound annual basis between 2016 and 2020.
Within Europe, the automotive sector is the main driving force behind this demand, although power and textiles are key market segments too.
“The automobile industry has a widespread presence in various countries in the European Union,” said Anju Ajaykumar, a lead analyst for engineering tools research at Technavio.
“In most of these countries, the automobile industry contributes significantly to the exports, GDP, and the overall economy. A continuous rise in vehicle production positively influences the demand for rotary air compressors.”
Over in the Americas, the power sector takes the lead with rotary air compressors used in handling raw materials, operating control valves and cylinders, and conveying materials from one location to another.
More than 80% of the USA’s energy mix in 2014 came from coal, gas or nuclear plants, with only 7% from renewables and 6% from hydroelectric generation – and this heavy bias towards fossil fuels makes the market for rotary air compressors even stronger.
Head east to the Asia-Pacific region, meanwhile, and it is the surging textiles industry that represents the largest segment of demand.
Again, pneumatic valves and cylinders are a reason for this, with air compressors needed to precisely control them.
But many sector-specific tasks like bleaching, dyeing and printing can be carried out using compressed air, and it is beneficial for this to be oil-free.
Like its Western counterparts, the APAC region is also seeing rising demand from the power and automotive sectors, but this time it is a move towards better energy efficiency and the growth of compressed air energy storage that is generating greater demand for power applications.