2. 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.

4. 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.

5. AIR COMPRESSOR MARKET SEGMENTATION BY TYPE Portable Stationary BY POWER RATING 0-100 kW 101-300 kW 301-500 kW 501 kW & above BY LUBRICATION METHOD Oiled Oil-free BY TECHNOLOGY Reciprocating Rotary Centrifugal BY END-USER INDUSTRY Food & Beverage Oil & Gas Manufacturing Medical Power Generation Others Get Sample@ https://www.alliedmarketresearch.com/request-sample/536

6. DOMINATING SEGMENTS CENTRIFUGAL SEGMENT OIL-FREE SEGMENT 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.

8. 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 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

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