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Refrigerated Air Dryers Market Poised to Reach $3.3 Billion by 2030, As Cycling Segment Exhibits Dynamic Growth

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Global Market for Refrigerated Air Dryers

Global Market for Refrigerated Air Dryers
Global Market for Refrigerated Air Dryers

Dublin, Jan. 15, 2024 (GLOBE NEWSWIRE) -- The "Refrigerated Air Dryers - Global Strategic Business Report" report has been added to's offering.

The global market for Refrigerated Air Dryers, currently valued at US$1.6 Billion in 2022, is on a robust growth trajectory and is anticipated to achieve a valuation of US$3.3 Billion by 2030. This marks a Compound Annual Growth Rate (CAGR) of 9.7% over the forecast period spanning from 2022 to 2030. Detailed market analysis reveals that the Cycling segment should realize a staggering 10.6% CAGR to reach an estimated US$1.5 Billion by 2030. Such growth reflects the intensive recovery efforts post-pandemic while underlining the technological advancements and efficiency gains in this sector.

The American market remains a significant contributor to the industry with predictions estimating a value of US$423.4 Million in the year 2022. Simultaneously, the burgeoning Chinese market commands attention with projections of reaching a considerable US$801.6 Million by the year 2030, growing at a CAGR of 15.1%. This alerts stakeholders to the vital importance of the Asia-Pacific region in the global market growth strategy. Moreover, Japan and Canada are also forecasted to witness considerable growth rates of 5% and 8.7% respectively within the eight-year analysis period, while Germany's projected growth stands firm at 6.2% CAGR within the European market ecosystem.

  • Global competitiveness and key competitor percentage market shares are comprehensively examined to provide a clear competitive landscape.

  • An exploration of market presence across multiple geographies assesses the extent of market activity in various regions, categorized as Strong, Active, Niche, or Trivial.

  • The report is designed to dynamically adapt to market changes, fortified with online interactive peer-to-peer collaborative bespoke updates.

  • Subscribers are granted access to the digital archives and Research Platform, both rich resources facilitating strategic planning.

  • A commitment to complimentary updates for one year ensures that stakeholders stay informed of the latest market developments.

The latest insights into the Refrigerated Air Dryers market encompass a myriad of factors that command the interest of industry leaders, investors, and policymakers aiming to navigate the complexities of a dynamic global market. As such, the report stands as an essential compendium for all stakeholders in the Refrigerated Air Dryers market, charting out a course for resilience and prosperity in an evolving industrial landscape.

Key Attributes:

Report Attribute


No. of Pages


Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$1.6 Billion

Forecasted Market Value (USD) by 2030

$3.3 Billion

Compound Annual Growth Rate


Regions Covered


A selection of companies mentioned in this report includes

  • Anest Iwata Corporation

  • Atlas Copco Group

  • Beko Technologies

  • Donaldson Company

  • Eaton Compressors and Fabrication, Inc.

  • Gardner Denver Inc.

  • Ingersoll Rand Inc.

  • Kaeser Compressors, Inc.

  • MTA

  • Parker Hannifin Corporation

  • Risheng

  • SPX Corporation (Deltech)

For more information about this report visit

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