Air Compressor Market 2019 | Top Players are Gardner Denver, Ingersoll Rand, ELGI EQUIPMENTS LIMITED, Atlas Copco.
North America and Europe based companies are shifting their production bases to these countries for lower labor costs, easy availability of raw materials, and proximity to high potential markets. Increasing oil & gas exploration in North America and the Middle East will also fuel the demand for compressed air as it is extensively employed for drilling. These factors will significantly influence the industry growth over the forecast time frame.
Request for a Sample copy of this Report @
Air Compressor Market will likely surpass USD 40 billion by 2024. The high initial purchase, operational, and maintenance costs associated with air compressor may hamper the market growth over the forecast period. For an instance, portable air compressors cannot be disassembled in the field for maintenance and are relatively expensive as compared to other compressors such as screws, pistons, etc., restricting the industry growth in coming years. This will further hamper the entire market growth in future. Stringent regulations associated with the noise pollution of the air compressor will also a key restraining factor for industry growth by 2024.
• Air Compressor Market by Application
1. Home appliances
2. Food & beverages
3. Oil & gas
5. Semiconductor & electronics
• Air Compressor Market by Technology
Make an Inquiry for purchasing this Report @
Air compressor lubrication is carried out using air or oil, depending on the application area. Oil free portable compressors are employed in areas where oil contamination can't be tolerated. Healthcare, food & beverage, and electronics industries majorly rely on oil free compressors due to stringent contamination parameters. The segment will show the substantial growth with more than 3.5% CAGR in coming years. The presence of oil in the compressed air in these application areas may have severe repercussions such as health hazards, equipment damage, and other occupational hazards.
Manufacturing sector will be the most important application sector for portable air compressor market as they can be easily carried to different plant locations to supply compressed air. Compressed air is used for various activities in this sector, including supplying plant air for paint spraying, coating, and sand blasting, process and instrument air for operating pneumatic machines and equipment, as well as providing breathing air to operators, etc.
Browse Report Summery @ https://www.gminsights.com/industry-analysis/air-compressor-market
The key players in the market are: Atlas Copco, Vanair, VMAC Company, Hitachi Industrial Equipment Systems, Belaire Compressors, Sullivan-Palatek, AireTex Compressors, Ciasons Industrial, Zen Air, Ingersoll-Rand, Quincy Compressor to name a few.
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.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Air Compressor Market 2019 | Top Players are Gardner Denver, Ingersoll Rand, ELGI EQUIPMENTS LIMITED, Atlas Copco. here
News-ID: 1717609 • Views: 548
More Releases from Global Market Insights, Inc.
Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing
More Releases for Air
Climacool Air Conditioning
Climacool Air Conditioning sells, installs, repairs and services air conditioning units in Sydney. The team of air conditioning professionals work in both domestic and commercial estates to ensure that you receive the quality and outstanding service that you deserve. Climacool Air Conditioning sells, installs, repairs and services air conditioning units in Sydney. The team of air conditioning professionals work in both domestic and commercial estates to ensure that you receive the
Air Suspension Systems Market
Air suspension systems are extensively used in heavy duty vehicles where they utilize pressure from compressed air for the vehicle’s braking system. As a result, the global air suspension systems market is expected to witness significant growth in 2018, reaching a market value of US$ 4,613.3 Mn at a Y-o-Y growth rate of 6.0% as compared to 2017. Furthermore, the global demand for air suspension systems will also be influenced
Air Defense System Market,
The air defense system are coming up with for mission, coordination of units whereas playacting combat missions, inserting intelligence statistics on the map and investigation of errors by retrieving the history module. The combat management system delivers associate degree accessible, services-based framework. Moreover, this technique conjointly directs correct and fast-reacting fusion, analysis and transmission of nice amounts of detector knowledge to ensure the economical readying of ships and different resources
Nuclear Air Filtration Market
In this report, the Asia-Pacific Nuclear Air Filtration market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split Asia-Pacific into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Nuclear Air Filtration for these regions, from 2012 to
Automotive Air Filter Market
An automotive air filter is a device that is made up of fibrous materials that removes solid particulates like pollen, dust, bacteria, and mould from the intake air. A chemical type of air filter consist of a catalyst or absorbent for removing molecular contaminants like ozone or volatile organic compounds. Air filters are being used in applications where air quality is of vital importance, notably in building ventilation systems and
Systematically pure air
Amazone has integrated energy-saving torch welding extraction into the production Metal-processing companies can directly include the planning of ventilation systems when building a new hall. But what kind of extraction and filter technology can be successfully integrated into the existing production, which individually protects employees against emissions and is extremely energy-saving? This is the question that Hilmar Heitmann, project engineer at Amazone at the main production facility in Hasbergen-Gaste (close