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Global Refrigerated Air Dryer (RAD) Market 2017-2021

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Current market scenario and future projection of each product type 2016-2021
      • Table Current market scenario and future projections of each region 2016-2021
  • Market landscape
    • Market overview
      • Table Global RAD market overview
    • Market size and forecast
      • Table Global RAD market 2016-2021 ($ millions)
      • Table Average annual rate of population change (%)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Market share of each product type in 2016 and 2021
    • Global RAD market by non-cycling air dryers
      • Table Global RAD market by non-cycling air dryers 2016-2021 ($ millions)
    • Global RAD market by cycling air dryers
      • Table Global RAD market by cycling air dryers 2016-2021 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table Market share of each region in 2016 and 2021
    • RAD market in Americas
      • Table RAD market in Americas 2016-2021 ($ millions)
    • RAD market in APAC
      • Table RAD market in APAC 2016-2021 ($ millions)
    • RAD market in EMEA
      • Table RAD market in EMEA 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Average electricity price in EU ($/kWh)
  • Market trends
    • Integration of IoT with compressed dryer systems
    • Growing digital media to impact the demand for paper
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors in global RAD market
    • Other prominent vendors
  • Key vendor analysis
    • ANEST IWATA
      • Table ANEST IWATA product portfolio
    • Atlas Copco
      • Table Atlas Copco product portfolio
    • Donaldson Company
      • Table Donaldson Company product portfolio
    • Eaton Compressor
      • Table Eaton product portfolio
    • Ingersoll-Rand
      • Table Ingersoll-Rand product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

Global Refrigerated Air Dryer (RAD) Market 2017-2021

About Refrigerated Air Dryer (RAD)

An RAD is a type of compressed air dryer, used to dry compressed air. It intakes the warm air containing moisture and reduces the temperature of the air, which results in the condensation of moisture, rendering the air dry. Compressed air systems are used to compress air that can be later used for various applications across different industries, such as food and beverage processing, paper and pulp, and healthcare. There are certain applications that require the compressed air to be free from moisture and have a low dew point. To achieve this, expensive and sophisticated methods are required to lower the dew point of compressed air, such as the following:

  • RADs
  • Regenerative desiccant type dryers
Technavio’s analysts forecast the global refrigerated air dryer (RAD) market to grow at a CAGR of 6.90% during the period 2017-2021 .

Covered in this report

The report covers the present scenario and the growth prospects of the global refrigerated air dryer (RAD) market for 2017-2021 . To calculate the market size, the report considers the new installations/shipments/sales and excludes retrofit/replacement/spares/aftermarket/services market.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
Technavio's report, Global Refrigerated Air Dryer (RAD) Market 2017-2021 , 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.

Key vendors
  • ANEST IWATA
  • Atlas Copco
  • Donaldson Company
  • Eaton Compressor
  • Ingersoll-Rand
Other prominent vendors
  • Gardner Denver
  • HANGZHOU RISHENG DECONTAMINATION EQUIPMENT
  • BEKO TECHNOLOGIES
  • KAESER KOMPRESSOREN
  • SPX FLOW
  • Parker Hannifin
  • Chicago Pneumatic
  • Bossman Instruments Technology
  • SMC
  • MTA
  • Quincy Compressor
  • Schulz
Market driver
  • Increased contract manufacturing in pharmaceutical
  • For a full, detailed list, view our report
Market challenge
  • Rising electricity prices
  • For a full, detailed list, view our report
Market trend
  • Integration of IoT with compressed dryer systems
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Refrigerated Air Dryer (RAD) Market 2017-2021

Technavio recognizes the following companies as the key players in the global refrigerated air dryer (RAD) market: ANEST IWATA , Atlas Copco, Donaldson Company, Eaton Compressor, Ingersoll-Rand

Other Prominent Vendors in the market are: Gardner Denver, HANGZHOU RISHENG DECONTAMINATION EQUIPMENT, BEKO TECHNOLOGIES, KAESER KOMPRESSOREN, SPX FLOW, Parker Hannifin, Chicago Pneumatic, Bossman Instruments Technology, SMC, MTA, Quincy Compressor, and Schulz.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Integration of IoT with compressed dryer systems. Internet of Things or IoT connects components or systems to the internet and allows them to send and receive data over the network. IoT allows devices to communicate without human-to-human or human-to-computer intervention. These systems enable real-time remote monitoring and actionable analytics. In addition, IoT helps management teams to enhance building and equipment control, thus reducing operating costs. The integration of IoT with heating devices helps residential as well as commercial building owners develop efficient systems for building processes.”

According to the report, one of the major drivers for this market is Increased contract manufacturing in pharmaceutical. Changing climates, consumption patterns, and lifestyles and rising disposable incomes across the world have resulted in increased health related issues. For instance, the number of people suffering from diabetes has witnessed a near fourfold increase in the last three decades. To cope with the rise in health issues, governments across the world are investing heavily in healthcare sectors in order to provide a better-quality life for their citizens. For instance, one-tenth of the global healthcare expenditure is spent on diabetes. While on one side, developing economies are investing in building robust medical infrastructure, such as hospitals and clinics, developed economies are working toward insuring all citizens under various health insurance schemes.

Further, the report states that one of the major factors hindering the growth of this market is Rising electricity prices. There is a continuous surge in electricity generation worldwide due to growing population and urbanization, owing to which utilities are running plants at full capacity to generate more power from the existing infrastructure.

Companies Mentioned

ANEST IWATA , Atlas Copco, Donaldson Company, Eaton Compressor, Ingersoll-Rand, Gardner Denver, HANGZHOU RISHENG DECONTAMINATION EQUIPMENT, BEKO TECHNOLOGIES, KAESER KOMPRESSOREN, SPX FLOW, Parker Hannifin, Chicago Pneumatic, Bossman Instruments Technology, SMC, MTA, Quincy Compressor, and Schulz.

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