What will be the size of Industrial air compressor market in 2019 to 2026...? (1)

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Industrial air compressor market trends research
and projections for 2019- 2026

• Technological advancements in pneumatic equipment
  like actuators, robotic arms, and assembly lines
  would generate lucrative growth opportunities for
  the industrial air compressor market. Global
  Market Insights, Inc., meanwhile predicts that
  the industrial air compressor market may surpass
  USD 24 billion by 2026.
• Ever-increasing manufacturing activities
  commenced across developing nations have
  accelerated the demand for industrial air
  compressor in recent years. Industrial air
  compressors are widely used across manufacturing
  sectors like heavy engineering products, steel
  fabrication, automotive production, energy
  mining, pharma, food beverage, and others. With
  profound application across such several end-use
  sectors, the industrial air compressor market is
  anticipated to accrue prominent growth over the
  forecast period.

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• Based on lubrication, the oil-filled air
  compressor segment has registered immense
  application in the manufacturing sector owing to
  its minimum cost and robust application
  advantages over oil-free alternatives. These
  compressors are used across nuclear,
  hydroelectric and thermal power plants.

• The oil-filled industrial air compressors are
  regularly employed in drilling, mining, and
  quarrying activities to power pneumatic drilling
  equipment. With growing applications in numerous
  industries, studies suggest that the oil-filled
  industrial air compressor industry may surpass
  over USD 10 billion by the year 2026.

• The oil-filled industrial air compressors are
  regularly employed in drilling, mining, and
  quarrying activities to power pneumatic drilling
  equipment. With growing applications in numerous
  industries, studies suggest that the oil-filled
  industrial air compressor industry may surpass
  over USD 10 billion by the year 2026.

• In 2018, rotary air compressors market was
  accounted for over 55 of the market share.
  Moreover, with growing prominence, it is
  estimated to witness significant traction over
  the forecast period.

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• Regional Analysis

• APAC is expected to generate lucrative growth
  opportunities for the industrial air compressor
  market. The region has witnessed rapid
  industrialization over the past few years. In
  2018 alone, the regional market accounted for
  approx. 40 of the global output. Activities like
  construction, manufacturing, and mining in the
  region are shaping the growth trajectory of the
  market. All these factors are slated to
  significantly drive APAC industrial air
  compressors industry expansion in the forthcoming
  years. However, stringent emission norms could
  restrain the size of industrial air compressor
  market in APAC.

• Competitive Analysis

• Key players operating in the industrial air
  compressor market are Doosan Portable Power, Mat
  Holdings, Quincy Compressor, Hitachi, Rolair
  Systems, Sullivan-Palatek, Gardner Denver, Elgi
  Compressors, Atlas Copco, Ingersoll-Rand, Kaeser
  Kompressoren, Bauer Compressors, Sullair, Ciasons
  Industrial, Aerzener.

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