Press release
Stationary Air Compressor Market 2018 key players Atlas Copco, Gardner Denver, Ingersoll Rand, Sullivan-Palatek, Kaeser, Bauer Compressor, Gen-Tech.
Stationary Air Compressor Market
Endorsing a portfolio of cost effective air cooling for drive power of 250 KW and higher in tandem with the company’s maintenance free 1:1 direct drive system, Kaeser’s latest space saving rotary range undoubtedly is one of the futuristic ones of its kind in stationary air compressor marketplace, providing all the advantages of modern modular design. In this regard, it is imperative to mention that rotary segment is observed to gain a competitive edge over its counterparts on grounds of its minimal maintenance and installation costs and a record high efficiency level.
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The Asia Pacific belt in recent times has become a potential hub for manufacturing activities, which is likely to provide a significant impetus to regional stationary air compressor market. The massive scope of APAC market can be majorly attributed to the robustly expanding automotive domain across emerging economies like China and India. As per reliable sources, China is claimed to be world’s largest auto manufacturing country since 2009.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Atlas Copco
2. Sullair, LLC
3. Gardner Denver, Inc.
4. Kaeser Kompressoren SE
5. Ingersoll-Rand plc
6. Rolair Systems
7. Sullivan-Palatek, Inc.
8. Hubei Teweite Power Technology Company Limited
9. Ciasons Industrial, Inc.
10. Quincy Compressor
11. Zen Air Tech Pvt. Ltd.
12. Bauer Compressors, Inc.
13. KULMEC
14. Saylor-Beall Manufacturing Company
15. Gen-Tech
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In fact, in the year 2016, the country’s vehicle production accounted for almost 30% of world’s vehicle production. As automotive giants are increasingly switching to pneumatic tools, stationary air compressors are finding an extensive adoption in this sector. APAC’s commendable proportion of dominance in automotive sector undeniably gives it an upper hand in the regional stationary air compressor industry hierarchy. APAC belt is slated to cover almost 60% of global stationary air compressor market share by 2024.
In tandem with the automotive domain, home appliance sector has emerged to be another pivotal application arena for stationary air compressor industry. In fact, the overall industry share from home appliance applications generated over USD 6 billion in 2017. Reportedly, hermetic compressors are witnessing a massive demand from this segment owing to its extensive deployment in air conditioners, refrigeration systems, freezers, and other household appliances. In this regard, developing economies are slated to witness a phenomenal growth in terms of stationary air compressor market expansion, given the swift growth in the personal household appliances sector in these regions.
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Despite these potential opportunities, one of the key constraints for this business space remains the increasing demand for portable air compressors, especially from oil & gas industry. Cost effectiveness, high power capacity, and ease of handling are the three of the vital pointers associated with portable products that are somewhat slashing the stationary air compressor market coverage. However, with incessant efforts by the market participants toward introducing advanced products that are not only energy efficient and user friendly but also convenient to store, the stationary air compressor industry is expected to remain strong in terms of its commercialization matrix. The worldwide stationary air compressor market share has been projected to exceed USD 30 billion by 2024, as per a report by Global Market Insights, Inc.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
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Email: sales@gminsights.com
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