Title: Air Compressor Market share research by applications and regions for 2017-2024
1Air Compressor Market Global Industry Analysis
Report, Share, Growth, Price Trends and Forecast,
2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from Air Compressor Market
- 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. - 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. - 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.
3 Continued...
- Air compressors market is on a continuous
technological development as machineries are
gradually being developed with superior qualities
to perform better. - 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. - 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.
4U.S. Air Compressor Market Size, by Product, 2013
2024 (USD Million)
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6360 Analysis
- Product Analysis
- Air compressor market is bifurcated on the basis
of product as portable and stationary. Oil gas
exploration activities and mining have usage of
portable machineries as they need to me moved
from one place to another Use of portable
machinery in various selective locations will
drive the wheel mounted air compressors market in
coming ears. - Regional Analysis
- Asia Pacific held a major share of around 50 in
2016 and is set to grow at an exceptional rate in
the coming years. Increasing manufacturing
activities coupled with the rise in home
appliances demand will further surge the air
compressor market to new heights. - Competitive Market Share
- Prominent players operating in the global air
compressor market are Atlas Copco, Sullair,
Gardner Denver, Kaeser Kompressoren,
Ingersoll-Rand, Rolair Systems, Doosan Portable
Power, Sullivan-Palatek, Hubei Teweite Power
Technology Company, Elgi Compressors, Heyner,
Hitachi Industrial Equipment Systems, Ciasons
Industrial, Mat Holdings, Oasis Manufacturing,
Aerzener Maschinenfabrik, Quincy Compressor,
Bauer Compressors, Emerson Climate Technologies,
and Frank Technologies.
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