Reciprocating Air Compressor Market size will surpass USD 6.4 billion by 2024

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Reciprocating Air Compressor Market Growth,
Application Analysis from 2017 to 2024
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www.gminsights.com
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Global Market Scenario of Reciprocating Air
Compressor Market

• Reciprocating Air Compressor Market size will
  surpass USD 6.4 billion by 2024 according to a
  new research report by Global Market Insights,
  Inc.
• High growth in the household appliances market
  will drive reciprocating air compressor demand as
  they are extensively used in refrigeration and
  air-conditioning systems.
• Asia Pacific is the most significant household
  appliances market experiencing high growth and
  increased production. Improving economic
  conditions, high GDP growth rates, increasing
  disposable income, and rapid urbanization are
  fueling the refrigerator and air-conditioner
  demand in Asia Pacific, mostly in China and
  India.
• The global air-conditioner market size in 2017
  was more than 110 million units and is likely to
  boost the reciprocating air compressor demand as
  they are extensively used in refrigeration
  air-conditioning systems.

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Continue-

• The global refrigerator freezer production was
  around 200 million units in 2017 and the industry
  is likely to grow at a CAGR above 2.5 from 2017
  to 2024.
• Noise pollution can be a restraining factor in
  the reciprocating air compressor market growth as
  government agencies of several countries have
  framed protocols related to the level of noise
  emitted from reciprocating air compressors.
• For example, the U.S. noise emission standard
  states that portable air compressors with a
  capacity of more than 250 cubic feet per minute
  should not produce a sound of more than 76
  decibels.

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Europe Reciprocating Air Compressor Market Size,
by Application, 2013 2024 (USD Million)
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2554
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360 Industry Analysis

• Reciprocating air compressor market is
  categorized on the basis of product, technology,
  lubrication, application and region. According to
  the product, the industry is fragmented into
  portable and stationary. From these, the
  stationary air compressor will likely to generate
  more than USD 4.5 billion over the forecast
  timeframe. These types of compressors are widely
  used in manufacturing and other industries for
  supplying extra air at high pressures

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• Regional Analysis
• China reciprocating air compressor market will
  generate more than USD 2 billion in 2024 owing to
  the large production units of home appliances
  coupled with substantial growth in automotive
  sector. This in turn will significantly fuel the
  Asia Pacific reciprocating air compressor market
  over the forecast spell.
• Competitive Analysis
• Major reciprocating air compressor industry
  players include Sullair, LLC, Kaeser Kompressoren
  SE, Ingersoll-Rand, Gardner Denver., Elgi
  Compressors, Atlas Copco, Quincy Compressor,
  Vanair, Frank Technologies, Emersion Climate
  Technologies, Inc., Hertz and others.

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Latest Research Report On Reciprocating Air
Compressor Market _at_ https//bit.ly/2IgLEGn
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