Air Compressor Market Size, Share, Trend & Growth Forecast to 2024
MarketStudyReport.com adds a new Air Compressor Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a 3% CAGR to 2024.
(EMAILWIRE.COM, March 01, 2018 ) Air Compressor Market will likely surpass USD 40 billion by 2024. Increasing industrial activities will propel the air compressors market owing to their extensive use in various end-user industries which include manufacturing, oil & gas, electronics, food & beverages, and others. With robust industrial development in Asia Pacific since the past several years, the region has been generating enormous industrial output. Automotive and manufacturing industry is witnessing sharp growth owing to abundance of raw material and easy availability of labor. Increasing use of various machines for manufacturing purposes will fuel air compressor market demand in this region.
Demand for better and superior quality machine is driving the air compressor market demand since the past few years. Air compressors have gradually developed to become lighter weight and compact in design & shape since past few years. Due to environmental regulations, lower gas emitting, lesser noisy, and energy efficient compressors are also in great demand. Introduction of portable, electric, and lighter weight machines is fueling the demand for air compressors market. Oil free air compressor market will also see rapid growth owing to the food security and oil contamination caused by oil filled machines.
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Air compressors market is on a continuous technological development as machineries are gradually being developed with superior qualities to perform better. For the usage of up-to-date technology in products, these machineries are being preferred on rental basis other than their purchase. This factor will act as a restraint for the air compressor market as it can result in lowering sales of the product industry.
Air compressor market is segmented into stationary and portable on the basis of product. With a major share, stationary segment is said to surpass USD 29 billion by the end of the forecast period.
Centrifugal will surpass USD 35 billion by the end of 2024 to capture close to 40% of the entire air compressor market share. They have extensive industrial applications which need high capacity and larger discharge rates. With long run compatibility, the product needs very low maintenance.
Increasing security regulations and lowering the contamination levels in food will propel the oil-free air compressor market in the forecast period. The product also finds extensive application in healthcare industry for respiratory support systems and air ventilators. The segment will foresee exponential growth in the North American region owing to strict food regulations.
Increasing home appliances and electronics demand in the Asia Pacific region will drive the air compressor market demand in this region. The segment is said to surpass USD 5 billion by the end of the forecast period owing to its increasing usage in refrigeration systems, air conditioners, and other appliances.
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Mature industrial manufacturing and home appliance industry, owing to huge company production hubs located in this region will drive the Europe air compressor market at a steady rate in coming years. Increasing oil extraction and drilling activities in middle east will further propel the oil injected air compressor market demand in this region.
Key players in the air compressor market include Ingersoll-Rand, Kaeser Kompressoren, Atlas Copco, Vanair, VMAC Company, Zen Air, AireTex Compressors, Belaire Compressors, Ciasons Industrial, Quincy Compressor, Sullivan-Palatek, Oasis Manufacturing, and Hitachi Industrial Equipment Systems to name a few.
Air compressor market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons & revenue in USD million from 2013 to 2024, for the following segments:
Air Compressor Market by Product:
Portable, Stationary.
Air Compressor Market by Technology:
Rotary, Screw, Scroll, Others, Reciprocating, Centrifugal.
Air Compressor Market by Lubrication:
Oil free, Oil filled.
Air Compressor Market by Application:
Home appliances, Food & beverages, Oil & gas, Energy, Semiconductor & electronics, Manufacturing, Healthcare, Medical, Dental, Others.
The above information is provided for the following regions and countries:
North America, U.S., Canada, Europe, UK, Germany, France, Italy, Spain, Russia, Asia Pacific, China, India, Japan, Australia, South Korea, Malaysia, Singapore,
For More Details On this report: https://www.marketstudyreport.com/reports/air-compressor-market/
Related Report:
Global Portable Air Compressor Market Professional Survey Report 2017
This report studies Portable Air Compressor in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. https://www.marketstudyreport.com/reports/global-portable-air-compressor-market-professional-survey-report-2017/?utm_source=RR-PSR
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Demand for better and superior quality machine is driving the air compressor market demand since the past few years. Air compressors have gradually developed to become lighter weight and compact in design & shape since past few years. Due to environmental regulations, lower gas emitting, lesser noisy, and energy efficient compressors are also in great demand. Introduction of portable, electric, and lighter weight machines is fueling the demand for air compressors market. Oil free air compressor market will also see rapid growth owing to the food security and oil contamination caused by oil filled machines.
Get Sample Copy of this Report: https://www.marketstudyreport.com/request-a-sample/467669//?utm_source=EML-PSR
Air compressors market is on a continuous technological development as machineries are gradually being developed with superior qualities to perform better. For the usage of up-to-date technology in products, these machineries are being preferred on rental basis other than their purchase. This factor will act as a restraint for the air compressor market as it can result in lowering sales of the product industry.
Air compressor market is segmented into stationary and portable on the basis of product. With a major share, stationary segment is said to surpass USD 29 billion by the end of the forecast period.
Centrifugal will surpass USD 35 billion by the end of 2024 to capture close to 40% of the entire air compressor market share. They have extensive industrial applications which need high capacity and larger discharge rates. With long run compatibility, the product needs very low maintenance.
Increasing security regulations and lowering the contamination levels in food will propel the oil-free air compressor market in the forecast period. The product also finds extensive application in healthcare industry for respiratory support systems and air ventilators. The segment will foresee exponential growth in the North American region owing to strict food regulations.
Increasing home appliances and electronics demand in the Asia Pacific region will drive the air compressor market demand in this region. The segment is said to surpass USD 5 billion by the end of the forecast period owing to its increasing usage in refrigeration systems, air conditioners, and other appliances.
Get Discount on this Report: https://www.marketstudyreport.com/check-for-discount/467669/
Mature industrial manufacturing and home appliance industry, owing to huge company production hubs located in this region will drive the Europe air compressor market at a steady rate in coming years. Increasing oil extraction and drilling activities in middle east will further propel the oil injected air compressor market demand in this region.
Key players in the air compressor market include Ingersoll-Rand, Kaeser Kompressoren, Atlas Copco, Vanair, VMAC Company, Zen Air, AireTex Compressors, Belaire Compressors, Ciasons Industrial, Quincy Compressor, Sullivan-Palatek, Oasis Manufacturing, and Hitachi Industrial Equipment Systems to name a few.
Air compressor market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons & revenue in USD million from 2013 to 2024, for the following segments:
Air Compressor Market by Product:
Portable, Stationary.
Air Compressor Market by Technology:
Rotary, Screw, Scroll, Others, Reciprocating, Centrifugal.
Air Compressor Market by Lubrication:
Oil free, Oil filled.
Air Compressor Market by Application:
Home appliances, Food & beverages, Oil & gas, Energy, Semiconductor & electronics, Manufacturing, Healthcare, Medical, Dental, Others.
The above information is provided for the following regions and countries:
North America, U.S., Canada, Europe, UK, Germany, France, Italy, Spain, Russia, Asia Pacific, China, India, Japan, Australia, South Korea, Malaysia, Singapore,
For More Details On this report: https://www.marketstudyreport.com/reports/air-compressor-market/
Related Report:
Global Portable Air Compressor Market Professional Survey Report 2017
This report studies Portable Air Compressor in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. https://www.marketstudyreport.com/reports/global-portable-air-compressor-market-professional-survey-report-2017/?utm_source=RR-PSR
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Contact Us:
Market Study Report
The Green Suite #4594,
Dover, DE 19901
United States
Phone: 1-201-355-0868
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
News: https://www.marketstudyreport.com/category/news-releases/
More Report at: http://reports.algosonline.com/
Contact Information:
Market Study Report
Arun Hegde
Tel: 1-201-355-0868
Email us
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Market Study Report
Arun Hegde
Tel: 1-201-355-0868
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results