Global Air Compressor Market: Rapid Industrialization In Emerging Economies, Is The Prime Driving Fa

Market Scenario

Global air compressor market has been segmented based on product, technology, lubrication, end-use and region. Based on product, the market has been segmented as portable, and stationary. Among these, the stationary type, is projected to dominate the air compressor market through 2023. Extensive use of stationary machineries in end-use industries, such as manufacturing, home appliances, and automobile is expected to enhance the air compressor market in the future. Based on technology, the market is segmented as rotary, reciprocating, and centrifugal. Rotary dominated the market in 2016, and is projected to be the fastest-growing technology segment for air compressor. Rotary air compressors are highly efficient and low on maintenance cost. Based on lubrication, the market has been segmented as oil free and oil filled. Rising food safety and security grades due to infections, hazards, and food contamination, will drive the oil free air compressor market demand in the forecast period. Based on the end-use, the market has been segmented as home appliances, food & beverage industry, oil & gas industry, energy industry, semiconductors & electronics industry, manufacturing industry and healthcare industry. Considering value, home appliances segment holds the maximum share in the global air compressor market and will grow at an exponential rate in the future. The product finds the maximum application in the air conditioners, refrigerators, and tires for inflation. Increase in demand of home appliances, in developing countries, will further boost the air compressor market.

Key Players

The key players of global air compressor market are Atlas Copco AB (Sweden), Sullair, L.L.C. (U.S.), Gardner Denver (U.S.), Kaeser compressors SE (Germany), Ingersoll Rand (U.S.), Rolair Systems. (U.S.), Doosan Portable Power (U.S.), Sullivan-Palatek, Inc. (U.S.), Elgi Equipments Ltd. (India), Bauer Compressors, Inc. (U.S.), Emerson Electric Co. (U.S.), and Hitachi Industrial Equipment Systems Co.,Ltd. (Japan).

Scope of the Report

This study provides an overview of the global air compressor market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Air Compressor market by its product, by technology, by lubrication, by end-use and by region.

Stationary by product, rotary by technology, oil free by lubrication and home appliances by end-use, are expected to grow at the highest CAGR.

Global air compressor market has been segmented based on product, technology, lubrication, end-use and region. Based on product the market is segmented into portable and stationary. Among these the stationary type, is projected to dominate the air compressor market through 2023. Extensive use of stationary machineries in end-use industries such as manufacturing, home appliances, and automobile would enhance the air compressor market in the future. Based on technology, the market is segmented into rotary, reciprocating and centrifugal. Rotary dominated the market in 2016 and is projected to be the fastest-growing technology segment for air compressor. Rotary air compressors are highly efficient and are low on maintenance cost Based on lubrication, the market is segmented into oil free and oil filled. Rising food safety and security grades due to infections, hazards, and food contamination will drive the oil free air compressor market demand in the forecast period. Based on end-use, the market is segmented into home appliances, food & beverage industry, oil & gas industry, energy industry, semiconductors & electronics industry, manufacturing industry and healthcare industry.

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