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Air Compressors Market Size & Share Will Reach USD 38.79 Billion by 2022: Zion Market Research

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Air Compressors Market Size & Share Will Reach USD 38.79 Billion by 2022: Zion Market Research

August 10
20:12 2017
According to the report, the global air compressors market accounted for around USD 30.84 Billion in 2016 and is expected to reach approximately USD 38.79 Billion by 2022, growing at a CAGR of around 3.9% between 2017 and 2022.

Zion Market Research has published a new report titled “Air Compressors Market by Technology (Reciprocating, Rotary, and Centrifugal) by Lubrication (Oil Filled and Oil Free) Market for Food & Beverage, Healthcare, Home Appliances, Energy, Oil & Gas, Electronics, Manufacturing and Others Application: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 – 2022”. According to the report, the global air compressors market accounted for around USD 30.84 Billion in 2016 and is expected to reach approximately USD 38.79 Billion by 2022, growing at a CAGR of around 3.9% between 2017 and 2022.

An air compressor is a machine that is competent of converting electrical power into kinetic energy, especially by utilizing compressed air. When air is released in a quick burst, it releases an amount of kinetic energy that can be harnessed for various purposes, including pneumatic device activation, air transfer, and cleaning operations. Air compressors work into two stages such release operation and compression operation. There are multiple methods of compressing air, including centrifugal compression, rotary screws, and reciprocating pistons.

Browse through 42 Market Tables and 29 Figures spread through 110 Pages and in-depth TOC on “Global Air Compressor Market: By Technology, Lubrication, Type, Industry Size, Share, Analysis, Segment and Forecast 2016 – 2022”.

Request Free Sample copy of Global Air Compressors Market Report @ https://www.zionmarketresearch.com/sample/air-compressor-market

The advent of energy efficient air compressors which are available in the portable model is the major factor expected to boost the demand of air compressor market in coming years. The emergence of next-generation compressed air systems with low maintenance and eco-friendly features is foreseen to push shift demand from traditional equipment to recent technology. In addition, the constant advent of the new product with innovative technology, significant demands from oil & gas and home appliances industries are the factors projected to promote the growth of air compressor market. However, escalating prices of raw material may limit the growth of air compressor market. Nonetheless, surging demand from construction industry is expected to open up alluring opportunities for air compressor market in the analysis period.

Based on technology, the global air compressor market is bifurcated into reciprocating, rotary type and centrifugal compressors. Rotary technology segment emerged as a leading segment of the global air compressor market in terms of demand 2016. This segment is expected to retain its dominance for analysis period due to rising demand from the ventilation, heating, and air conditioning industry. Oil filled and oil free is the lubrication method segment of air compressor market. Application segment categorized into food & beverage, healthcare, home appliances, energy, oil & gas, electronics, manufacturing, and others.

Inquire more about this report before purchase @ https://www.zionmarketresearch.com/inquiry/air-compressor-market

Asia Pacific air compressor market is expected to show robust growth on account of growing infrastructure spending and manufacturing facilities. Latin America along with the Middle East & Africa is expected to witness significant growth over the analysis period owing to an upcoming construction project in BRIC nation, growing awareness towards eco-friendly products and changing regulatory scenario.

Many companies are adopting product launch, expansion, and acquisition as key strategies to excel in the market. The key dominant player’s operative in global air compressor market includes Atlas Copco, Ingersoll Rand, Chicago Pneumatic, GE Energy, Bauer Group, BelAire, Sulzer Ltd., Mitsubishi Heavy Industries, Sullair, Ebara Corp., KPCL, Elgi Equipment Ltd., Kobe Steel and VMAC amongst others.

Browse the full “Air Compressors Market by Technology (Reciprocating, Rotary and Centrifugal) by Lubrication (Oil Filled and Oil Free) Market for Food & Beverage, Healthcare, Home Appliances, Energy, Oil & Gas, Electronics, Manufacturing and Others Application: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 – 2022” report at https://www.zionmarketresearch.com/report/air-compressor-market

The reported segment of global air compressor market as follows:

Global Air Compressors Market: Technology Segment Analysis

  • Reciprocating
  • Rotary 
  • Centrifugal 

 

Global Air Compressors Market: Lubrication Method Segment Analysis

  • Oil Filled 
  • Oil Free

 

Global Air Compressors Market: Application Segment Analysis

  • Food & Beverage
  • Healthcare
  • Home Appliances
  • Energy
  • Oil & Gas
  • Electronics
  • Manufacturing 
  • Others

 

Global Air Compressors Market: Regional Segment Analysis

  • North America 
    • U.S.
  • Europe
    • U.K.
    • France
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
  • The Middle East and Africa

 

Directly Purchase a copy of report with TOC @ https://www.zionmarketresearch.com/buynow/su/air-compressor-market

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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Website: https://www.zionmarketresearch.com/report/air-compressor-market

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