Air Compressor Market to Reach $26,850.35 Mn at a CAGR of 4.47% by 2023 - PowerPoint PPT Presentation

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Air Compressor Market to Reach $26,850.35 Mn at a CAGR of 4.47% by 2023

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The increase in adoption of energy efficient and robust air compressors across different industry verticals is expected to drive the demand for the air compressor market during the forecast period. Also, the increase in demand from the end-user industries such as food & beverage, oil & gas, manufacturing, and power generation is also expected to drive the market growth in the coming years. However, the utilization of high technical expertise, R&D, and accessories for enhancing the efficiency of compression in the equipment results in high installation and maintenance cost, which is expected to hinder the growth of the market. Get Sample@ The air compressor market in Asia-Pacific is expected to grow at the attractive rate during the forecast period, owing to rise in demand from end-user industries such as food & beverage, manufacturing and oil & gas, thus boosting the market growth. – PowerPoint PPT presentation

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Title: Air Compressor Market to Reach $26,850.35 Mn at a CAGR of 4.47% by 2023


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AIR COMPRESSOR MARKET ANALYST REVIEW
 The air compressor market in Asia-Pacific is
expected to grow at the attractive rate during
the forecast period, owing to rise in demand from
end-user industries such as food beverage,
manufacturing and oil gas, thus boosting the
market growth. Furthermore, rise in industrial
activities in countries, such as India, China,
and rest of Asia-Pacific, are expected to provide
attractive business opportunities for the
equipment manufacturers during the forecast
period.. Komal Sharma  Senior Research
Analyst, Construction Manufacturing
 
3
 
CURRENT AND FUTURE MARKET SCENARIO
  • The global air compressor market was valued at
    19,798.56 million in 2016.
  • The global air compressor market is projected to
    reach at 26,850.35 million by 2023.
  • The global air compressor market growing at a
    CAGR of 4.47 from 2014 to 2023. 
  • The centrifugal segment accounted for around
    24.19 in the air compressor market in 2016.
  • The oil-free segment is expected to grow at a
    fastest CAGR of 4.77 owing to increase in demand
    for reducing the cost of operation by eliminating
    lubrication.

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TOP IMPACTING FACTORS TO MARKET GROWTH
  • Increase in adoption of energy efficient across
    different industry verticals.
  • Increase in adoption of Robust air compressors
    across different industry verticals .
  • Increase in demand from the end-user industries
    such as food beverage, oil gas,
    manufacturing, and power generation. 
  • The utilization of high technical expertise, RD,
    and accessories for enhancing the efficiency of
    compression in the equipment results in high
    installation and maintenance cost is expected to
    hinder the growth of the market.

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AIR COMPRESSOR MARKET SEGMENTATION
  • BY TECHNOLOGY
  • Reciprocating
  • Rotary
  • Centrifugal
  • BY TYPE
  • Portable
  • Stationary
  • BY END-USER INDUSTRY
  • Food Beverage
  • Oil Gas
  • Manufacturing
  • Medical
  • Power Generation
  • Others
  • BY POWER RATING
  • 0-100 kW
  • 101-300 kW
  • 301-500 kW
  • 501 kW above
  • BY LUBRICATION METHOD
  • Oiled
  • Oil-free

Get Sample_at_ https//www.alliedmarketresearch.com/r
equest-sample/536
6
The centrifugal segment accounted for around
24.19 in the air compressor market in 2016.
The oil-free segment is expected to grow at a
fastest CAGR of 4.77 owing to increase in demand
for reducing the cost of operation by eliminating
lubrication.
7
 
GEOGRAPHICAL OVERVIEW
  • Based on region, it is analyzed across North
    America, Europe, Asia-Pacific, and LAMEA.
  • Asia-Pacific accounted for the major share of the
    global air compressor market in 2016 owing to the
    increase in demand from food beverage,
    manufacturing and oil gas industries.
  • Germany and France are the major shareholder in
    the market, accounting for more than half of the
    market share in 2016.

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DOMINATING MARKET PLAYERS PROFILED IN THE STUDY
  • Atlas Copco AB
  • Kobe Steel Ltd.
  • Elgi Equipments Limited   
  • Ingersoll-Rand PLC
  • Kirloskar Pneumatic Company Limited
  • Mitsubishi Heavy Industries Ltd.
  • Suzler Ltd.
  • Ebara Corporations
  • Porter Cable
  • VMAC Global Technology Inc.
  • Campbell Hausfled
  • Doosan Infracore Portable Power

9
 
A Report Titled Air Compressor Market-
Opportunities And Forecast, 2014 2023 has been
recently published by Allied Market Research. It
makes an In-depth Analysis of current trends,
drivers, and restraining factors that affect
Financial Ratios relevant to the industry.
Company profiles for key vendors in business
builds a comprehensive picture of profitable
opportunities from Stakeholders Perspective. To
Know More About Air Compressor Market-
Opportunities and Forecast 2014 -
2023 https//www.alliedmarketresearch.com/air-comp
ressor-market Get PDF Sample Copy https//www.all
iedmarketresearch.com/request-sample/536 Follow
Allied Market Research
10
 
ABOUT ALLIED MARKET RESEARCH
Allied Market Research (AMR) is a full-service
market research and business-consulting wing of
Allied Analytics LLP based in Portland, Oregon.
Allied Market Research provides global
enterprises as well as medium and small
businesses with unmatched quality of "Market
Research Reports" and "Business Intelligence
Solutions." AMR has a targeted view to provide
business insights and consulting to assist its
clients to make strategic business decisions and
achieve sustainable growth in their respective
market domain. We are in professional corporate
relations with various companies and this helps
us in digging out market data that helps us
generate accurate research data tables and
confirms utmost accuracy in our market
forecasting. Each and every data presented in the
reports published by us is extracted through
primary interviews with top officials from
leading companies of domain concerned. Our
secondary data procurement methodology includes
deep online and offline research and discussion
with knowledgeable professionals and analysts in
the industry.
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