1 / 10

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

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.<br><br>Get Sample@ https://www.alliedmarketresearch.com/request-sample/536<br><br>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.

andrewjohnson1
Download Presentation

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

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 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 SharmaSenior Research Analyst, Construction & Manufacturing

  2. 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.

  3. 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, R&D, 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.

  4. 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 LUBRICATION METHOD • Oiled • Oil-free • BY POWER RATING • 0-100 kW • 101-300 kW • 301-500 kW • 501 kW & above Get Sample@ https://www.alliedmarketresearch.com/request-sample/536

  5. 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.

  6. 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.

  7. DOMINATING MARKET PLAYERS PROFILED IN THE STUDY • Atlas Copco AB • Kobe Steel Ltd. • ElgiEquipments 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

  8. 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 Stakeholder’s Perspective. To Know More About Air Compressor Market- Opportunities and Forecast 2014 - 2023 https://www.alliedmarketresearch.com/air-compressor-market Get PDF Sample Copy https://www.alliedmarketresearch.com/request-sample/536 Follow Allied Market Research

  9. 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. Contact: ShriramDighe 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free: +1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com

More Related