Global Air Compressor Market: Industry Analysis & Outlook (2017-2021)

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Industry Research by Koncept Analytics
Global Air Compressor Market Industry Analysis
Outlook -----------------------------------------
(2017-2021)
January 2018
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Executive Summary
Air compressors are being put to use in a wide
variety of sectors for different applications.
Compressed air is regarded as the fourth utility
after electricity, natural gas and water. An air
compressor is a machine which is capable of
converting electrical power into kinetic energy,
specifically by utilization compressed air. It is
a device that converts power using an electric
motor, diesel or gasoline engine, into potential
energy stored in pressurized air, also known as
compressed air. Compressed air is basically of
two types positive displacement, further
bifurcated into reciprocating and rotary and
centrifugal compressors. Air compressors were
initially designed to compress air to higher
pressures and harness this potential energy
source. Every air compressor has different types
of controls and components depending upon the use
it is being put to. The global air compressor
market has a very optimistic view because it is
being seen as a renewable source of energy.
Factors responsible for the growth of the market
include increasing adoption of air compressor in
different industries, favorable government
regulation policies, growing popularity of
automobiles and encouraging economic environment.
Major trends of the market include increased
focus on RD and high growth prospects in
emerging markets. The market will be hindered by
high prices of raw materials. The report offers
an in-depth analysis of the Global Air
Compressor Market Industry Analysis Outlook
(2017-2021). Major companies that have been
covered in the report include Atlas Copco,
Ingersoll-Rand Plc., Gardner Denver, and Hitachi
Ltd.
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Growing automobiles market to escalate the demand
for air compressors globally.
Global Air Compressor Market by Value (2012-2016)

• The market value of global air compressors
  reached US.. billion in 2016, increasing from
  US.. billion in the previous fiscal year. The
  market grew at a CAGR of .. for the period
  spanning 2012-2016.
• North America accounted for .. of the market
  share in the year 2016.
• North Americas oiled air compressor market is
  likely to be valued at US.. billion in 2021,
  increasing from US.. billion in 2016. The market
  is expected to grow at a CAGR of .. for the
  period spanning 2016-2021.

Global Air Compressor Market by Region (2016)
North Americas Air Compressor Market Value
Forecast by Lubrication Method (2016-2021)
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High focus on research and development could
bring in significant innovation in the global air
compressor market in the coming years.
North Americas Air Compressor Market Share by
Technology (2016)

• Rotary type accounted for maximum share i.e. ..
  in the year 2016, followed by reciprocating and
  centrifugal with .. and .. share respectively.
• Chinas air compressor market is likely to be
  valued at US.. billion in 2021, increasing from
  US.. billion in 2016. The market is expected to
  grow at a CAGR of .. for the period spanning
  2017-2021.
• Machinery and manufacturing accounted for maximum
  share in the overall market i.e. .., followed by
  pharmaceuticals with share in 2016.

Chinas Air Compressor Market by Application
(2016)
Chinas Air Compressor Market Forecast by Value
(2017-2021)
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