Market Overview:
The global air dryer market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for air dryers from various end-use industries, such as electronics, food & beverage, oil & gas, pharmaceuticals, construction industry and others. In terms of type, the desiccant dryer segment is expected to lead the global air dryer market during the forecast period. This can be attributed to its ability to remove moisture and other contaminants from compressed air systems quickly and effectively.
Product Definition:
An air dryer is a device used to remove water from compressed air. The importance of an air dryer is that it removes moisture from the compressed air, which can cause corrosion and damage to equipment.
Desiccant Dryer:
Desiccant dryers are used to remove the moisture from compressed air. It is a passive device, which works by absorbing the water vapor present in the air with its help. The working principle of these devices is based on adsorption and condensation of water vapor present in the compressed air.
Refrigerated dryer:
Refrigerated dryers are used to remove moisture from clothes by creating a cold environment. These dryers have the ability to freeze water and use it as an energy source to power the motor, thereby reducing electricity bill cost. Refrigeration is done using either of two methods i.e. absorption or evaporation method which is based on whether the heat required for cooling can be obtained from a refrigeration system or not respectively.
Application Insights:
The construction industry was the leading application segment in 2017, accounting for over 30% of the global market. The growth can be attributed to increasing construction activities across developing countries. For instance, according to a study published by the Asian Development Bank in 2016, total investment in Asia Pacific infrastructure increased from USD 8 trillionin 2010 to 2013to around USD 10 trillionin 2015 and is expected to reach around USD 11 trillionby 2020. Such trends are likely to benefit product demand over the forecast period.
Food & beverage was another prominent segment accounted for over 20% of market share in 2017 owing to high air dryer installations required due largely dehydrating applications such as fruit processing plants and bakery units where food ingredients are processed rapidly without contamination or deterioration caused by moisture content above 18%. Rapid industrialization coupled with rising disposable income has resulted into growing food processing industry which is further anticipated drive demand for air dryers across this sector globally.
Regional Analysis:
Asia Pacific dominated the global air dryer market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for electronic products, especially smartphones and laptops. China is one of the largest manufacturers of electronics products such as cellphones, LED/LCD TVs, personal computers, etc. Therefore, it has a high demand for these devices after they are manufactured which results in an increased requirement for air dryers used during production processes.
The Asia Pacific regional market was followed by Europe with a share of 24%. The European regional market includes countries such as Germany and France that are major manufacturing hubs for several end-use industries including oil & gas; automotive; aerospace & defense; pharmaceuticals; food processing & packaging among others.
Growth Factors:
- Increasing demand for air dryers from the automotive industry as a result of stringent emission norms
- Growing demand for energy-efficient and compact air dryers in the industrial sector
- Rising popularity of portable and miniaturized air dryers in end-user industries
- Proliferation of smart technologies in air drying systems
- Increasing investments by leading players to expand their production capacities
Scope Of The Report
Report Attributes
Report Details
Report Title
Air Dryer Market Research Report
By Type
Desiccant Dryer, Refrigerated dryer, Membrane dryer
By Application
Electronics, Food&Berverage, Oil&Gas, Phamaceuticals, Construction industry, Other
By Companies
Atlascopco, Fusheng, Quincy, SMC, Pneumatech, Aircel, Parker, Van Air, Gardner Denver, BEKO, CompAir, Star Compare, Fscurtis, Zeks
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Air Dryer Market Report Segments:
The global Air Dryer market is segmented on the basis of:
Types
Desiccant Dryer, Refrigerated dryer, Membrane dryer
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronics, Food&Berverage, Oil&Gas, Phamaceuticals, Construction industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Atlascopco
- Fusheng
- Quincy
- SMC
- Pneumatech
- Aircel
- Parker
- Van Air
- Gardner Denver
- BEKO
- CompAir
- Star Compare
- Fscurtis
- Zeks
Highlights of The Air Dryer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Desiccant Dryer
- Refrigerated dryer
- Membrane dryer
- By Application:
- Electronics
- Food&Berverage
- Oil&Gas
- Phamaceuticals
- Construction industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Air Dryer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An air dryer is a machine that uses hot air to remove moisture from clothes.
Some of the major players in the air dryer market are Atlascopco, Fusheng, Quincy, SMC, Pneumatech, Aircel, Parker, Van Air, Gardner Denver, BEKO, CompAir, Star Compare, Fscurtis, Zeks.
The air dryer market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Air Dryer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Air Dryer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Air Dryer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Air Dryer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Air Dryer Market Size & Forecast, 2020-2028
4.5.1 Air Dryer Market Size and Y-o-Y Growth
4.5.2 Air Dryer Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Desiccant Dryer
5.2.2 Refrigerated dryer
5.2.3 Membrane dryer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electronics
6.2.2 Food&Berverage
6.2.3 Oil&Gas
6.2.4 Phamaceuticals
6.2.5 Construction industry
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Air Dryer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Air Dryer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Desiccant Dryer
9.6.2 Refrigerated dryer
9.6.3 Membrane dryer
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electronics
9.10.2 Food&Berverage
9.10.3 Oil&Gas
9.10.4 Phamaceuticals
9.10.5 Construction industry
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Desiccant Dryer
10.6.2 Refrigerated dryer
10.6.3 Membrane dryer
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electronics
10.10.2 Food&Berverage
10.10.3 Oil&Gas
10.10.4 Phamaceuticals
10.10.5 Construction industry
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Desiccant Dryer
11.6.2 Refrigerated dryer
11.6.3 Membrane dryer
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electronics
11.10.2 Food&Berverage
11.10.3 Oil&Gas
11.10.4 Phamaceuticals
11.10.5 Construction industry
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Desiccant Dryer
12.6.2 Refrigerated dryer
12.6.3 Membrane dryer
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electronics
12.10.2 Food&Berverage
12.10.3 Oil&Gas
12.10.4 Phamaceuticals
12.10.5 Construction industry
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Desiccant Dryer
13.6.2 Refrigerated dryer
13.6.3 Membrane dryer
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electronics
13.10.2 Food&Berverage
13.10.3 Oil&Gas
13.10.4 Phamaceuticals
13.10.5 Construction industry
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Air Dryer Market: Competitive Dashboard
14.2 Global Air Dryer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Atlascopco
14.3.2 Fusheng
14.3.3 Quincy
14.3.4 SMC
14.3.5 Pneumatech
14.3.6 Aircel
14.3.7 Parker
14.3.8 Van Air
14.3.9 Gardner Denver
14.3.10 BEKO
14.3.11 CompAir
14.3.12 Star Compare
14.3.13 Fscurtis
14.3.14 Zeks
