New environmental
regulations, high energy costs, and aggressive sustainability goals are the
primary growth drivers of the air compressor market. According to a freshly
compiled business intelligence report by IndustryARC, the global air compressor
market generated $19.2 billion in revenue in 2018. The global demand for air
compressors is projected to rise at a compound annual growth rate (CAGR) of
4.28% during the forecast period 2019-2025.
The IndustryARC report
is titled “Air Compressor Market: By Type (Portable, Stationary); By Technology
(Reciprocating, Rotary and Centrifugal); By Lubrication Type (Oil lubricated,
Oil-free) & by region – Forecast (2019 - 2025).” It incorporates an
in-depth assessment of the competitive landscape, market drivers, revenue and
trend research, end-user industries, production life cycle, market trends,
mergers and acquisitions, market life cycle analysis, market entropy, financial
analysis, supply and demand analysis, and strategic analysis of the global air
compressor market.
Air Compressor
Market: Leading Segments
The need to replace old
units with new oil-free centrifugal air compressors to reduce cooling and
maintenance costs, and improve air quality in manufacturing industries is
increasing every day. This demand to modernize air compressors in manufacturing
industries is driving the air compressor market growth. Thus, the demand for air
compressors in tech manufacturing and energy industries’ is projected to grow at
a CAGR of 6.78% over the forecast period. Air compressors find applications not
only in manufacturing, oil and gas, and transportation industries but also in
end-user verticals such as vacuum packaging, spray painting, air blowing,
cleaning, and medical equipment.
The APAC countries such
as China, and India are witnessing a major demand for air compressors. Positive
displacement compressors and rotary compressors are extensively used in
manufacturing, power, automotive, and food industries, while centrifugal
compressors are widely used in heavy industries such as oil and gas. The APAC region
accounted for 31.86% share of the global air compressor market in 2018. The
growth of the air compressor market is majorly attributed to the rapid industrialization
in emerging countries of APAC.
Air Compressor Market:
Trends
· Evolution of
compact, oil-lubricated rotary screw compressors enable industries to reduce
energy consumption unlike traditional compressors.
· Air compressors that
have latest adaptive controllers monitor performance metrics and adjust
automatically as per the application needs, subsequently improving performance,and
reducing downtime risks.
· Rising demand for
oil-free air-compressors is expected in the next few years as environmental
awareness grows. These oil-free air-compressors have benefits in electronics,
healthcare, and food & beverages industries.
Air Compressor Market: Competitive
Landscape
Mitsubishi Heavy
Industries, Atlas Copco AB, Ebara Corporations, Suzler Ltd., Ebara Corp,
Ingersoll-Rand plc, Ebara Corporations, Suzler Ltd., Ebara Corp, Ingersoll-Rand
plc, Kirloskar Pneumatic Company Limited, Kobe Steel Ltd., Sullivan-Palatek,
Inc. are a few playersoperating with a large share in the global air compressor
market.
Talk to one of our sales representatives about the
full report by providing your details in the link below:
https://www.industryarc.com/support.php?id=16301
Related Reports:
A. Indian Air Compressor
Market
https://www.industryarc.com/Report/18944/indian-air-compressor-market
B. Industrial Air Compressor Market
https://www.industryarc.com/Research/Industrial-Air-Compressor-Market-Research-504789
What can you expect from the report?
The Air compressor market is prepared with the main
agenda to cover the following 20 points:
1. Market Size by Product Categories &
Application
11. Demand Analysis (Revenue & Volume)
2. Market trends & Relevant Market
Data
12. Country level
Analysis
3. Manufacturer
Landscape
13. Competitor
Analysis
4. Distributor Landscape
14. Market
Shares Analysis
5. Pricing Analysis
15. Value
Chain Analysis
6. Top 10 End user Analysis
16. Supply
Chain Analysis
7. Product Benchmarking
17. Strategic
Analysis
8. Product Developments
18. Current
& Future Market Landscape Analysis
9. Mergers & Acquisition Analysis
19.
Opportunity Analysis
10. Patent Analysis
20.
Revenue and Volume Analysis
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Asked Questions:
Q. Does IndustryARC
provide customized reports and charge additionally for limited customization?
Response: Yes, we can customize the report by extracting
data from our database of reports and annual subscription databases. We can
provide the following free customization:
1. Increase the level of data in the application or
end user industry chapter
2. Increase the number of countries in the geography
chapter
3. Find out market shares for other smaller companies
or companies that are of interest to you
4. Company profiles can be requested based on your
interest
5. Patent analysis, pricing, product analysis, product
benchmarking, value and supply chain analysis can be requested for a country or
end use segment.
Any other custom requirements can be discussed with
our team. Drop an e-mail to [email protected]
to learn more about our consulting services.
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link below:
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About
IndustryARC:
IndustryARC is a Research and Consulting Firm that publishes more than 500
reports annually, in various industries such as Agriculture, Automotive,
Automation & Instrumentation, Chemicals and Materials, Energy and Power,
Electronics, Food and Beverages, Information Technology, and Life Sciences and
Healthcare.