Industry Research by Koncept Analytics
Global Air Compressor Market: Industry Analysis & Outlook ----------------------------------------(2017-2021) January 2018
The Air Compressor Market: Industry Analysis & Outlook (20172021)
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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 R&D 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 (20172021)�. Major companies that have been covered in the report include Atlas Copco, Ingersoll-Rand Plc., Gardner Denver, and Hitachi Ltd.
The Air Compressor Market: Industry Analysis & Outlook (20172021)
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Growing automobiles market to escalate the demand for air compressors globally.
Global Air Compressor Market by Value (2012-2016)
Global Air Compressor Market by Region (2016)
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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.
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North America accounted for ..% of the market share in the year 2016.
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North America’s 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.
North America’s Air Compressor Market Value Forecast by Lubrication Method (2016-2021)
The Air Compressor Market: Industry Analysis & Outlook (20172021)
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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 America’s Air Compressor Market Share by Technology (2016)
China’s Air Compressor Market Forecast by Value (2017-2021)
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Rotary type accounted for maximum share i.e. ..% in the year 2016, followed by reciprocating and centrifugal with ..% and ..% share respectively.
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China’s 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.
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Machinery and manufacturing accounted for maximum share in the overall market i.e. ..%, followed by pharmaceuticals with …% share in 2016.
China’s Air Compressor Market by Application (2016)
The Air Compressor Market: Industry Analysis & Outlook (20172021)
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