Press release
Centrifugal air compressor market 2019 Revenue, Trend & Growth Forecast By Key Players Atlas Copco, Danfoss, Ingersoll Rand, Hitachi, Elliott Group, Dresser-Rand - A Siemens Business, GE
Centrifugal air compressor market
Oil & gas exploration, particularly in South Africa and North America, will further drive the centrifugal air compressors market over the forecast period. Rising number of offshore oil rigs along with increasing chemical processing in developing countries will drive the market development during the forecast timeframe. Portable centrifugal air compressors are widely used in the oil & gas sector for the production of crude oil and in the energy sector, where the compressed air is required at multiple locations.
Request for a sample copy of this report @
https://www.gminsights.com/request-sample/detail/2185
Rising number of manufacturing facilities and growing food & beverage, oil & gas, energy, and electronics sectors will positively influence the demand for centrifugal air compressors market in coming years.
Compressors that meet the noise requirements without using a complete sound enclosure are generally preferred by the manufacturers. This is due to the high cost associated with sound enclosures. Another reason is that sound enclosures make access to the compressors difficult for maintenance. This can be a limiting factor in the centrifugal air compressor market growth as government agencies of various countries have formulated regulations regarding the level of noise emitted from air compressors.
Centrifugal Air Compressor Market by Product
• Portable
• Food & Beverages
• Oil & Gas
• Energy
• Semiconductor & Electronics
• Manufacturing
• Healthcare
• Others
• Stationary
• Food & Beverages
• Oil & Gas
• Energy
• Semiconductor & Electronics
• Manufacturing
• Healthcare
• Others
Make an Inquiry for purchasing this Report @
https://www.gminsights.com/inquiry-before-buying/2185
Centrifugal Air Compressor Market to cross USD 7 billion by 2024. Asia Pacific has consistently been the most substantial automotive market involving both production and consumption. In addition, robust growth in the manufacturing sector, particularly in Asia Pacific, indicates a strong potential for centrifugal air compressors market by 2024. For instance, over the last 20 years, Asia Pacific region has been contributing about 40% of the manufacturing sector.
Asia Pacific centrifugal air compressor generated over USD 3 billion revenue in 2016. The region held the largest share in 2016 and is projected to observe a parallel growth trend by 2024. The region's massive share will be accredited to the enormously growing manufacturing sector in China, Korea, India, Southeast Asian nations, etc.
Centrifugal air compressors have been expansively used in various power, hydroelectric, nuclear, thermal, and power plants and diesel-engine generators. The region is likely to witness a substantial demand for centrifugal air compressors, especially in energy sector related applications in the near future. For example, India and China together will setup over 190 thermal power plants over the forecast timespan.
Browse Report Summery @
https://www.gminsights.com/industry-analysis/centrifugal-air-compressor-market
Significant industry participants are Atlas Copco, HATCO company, Hitachi Ltd., Kirloskar Pneumatic Co., Ltd., Kobelco Compressors, Inc., Dresser-Rand, etc. The market players have been focusing on expansion through strategic acquisitions to attain the competitive superiority. For example, Sullair LLC was acquired by Hitachi in the second quarter of 2017. The company achieved significant synergies from this acquisition including the strong sales network of Sullair LLC in North America.
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.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Centrifugal air compressor market 2019 Revenue, Trend & Growth Forecast By Key Players Atlas Copco, Danfoss, Ingersoll Rand, Hitachi, Elliott Group, Dresser-Rand - A Siemens Business, GE here
News-ID: 1727966 • Views: …
More Releases from Global Market Insights, Inc.
Hepatitis B Vaccine Market Set to Surpass $12 Billion by 2034
The global hepatitis B vaccine market is poised for significant expansion over the next decade, fueled by rising liver disease cases, expanded immunization coverage, and advancements in vaccine development. Valued at USD 6.7 billion in 2024, the market is projected to reach USD 7.3 billion in 2025 and surge to USD 12 billion by 2034, reflecting a healthy compound annual growth rate (CAGR) of 5.7%.
A major driver behind this growth…
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
More Releases for Centrifugal
Evolving Market Trends In The Centrifugal Separator Industry: Advancements In Ce …
The Centrifugal Separator Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Centrifugal Separator Market Size During the Forecast Period?
Growth has been substantial in recent years in the centrifugal separator market. It is expected to increase from $1.21 billion in 2024 to…
A Complete Guide to Centrifugal Pump
The Centrifugal Pump market size is projected to reach US$ 41,548.34 million by 2031 from US$ 27,338.55 million in 2023. The market is expected to register a CAGR of 5.4% during 2023-2031. The growing application of centrifugal pumps in wastewater treatment, oil and gas, mining, and modern farming sectors is likely to remain a key trend in the market. The growing population and rising urbanization are increasing the volume of…
The difference between single stage centrifugal pump and multistage centrifugal …
Centrifugal pumps are crucial in a variety of industrial and commercial applications, and selecting the right type can significantly impact performance and efficiency. Among the most common types are single stage centrifugal pump and multistage centrifugal pump. While both are designed to transfer fluids, they differ significantly in their construction and performance characteristics.
Image: https://www.puritypumps.com/uploads/PST-11.png
1. Maximum Head Capacity
One of the primary distinctions between single stage centrifugal pump and multistage centrifugal pumps…
Duct Ventilators - Centrifugal Blowers
In automobiles, a mechanical fan provides engine cooling and prevents the engine from overheating by blowing or sucking air through a coolant-filled radiator. It can be driven with a belt and pulley off the engine's crankshaft or an electric fan switched on/off by a thermostatic switch.
Canada Blower Axial flow fans have blades that force air to move along the shaft about which the blades rotate. Axial fans blow air across…
HVAC Centrifugal Compressors Market
The newly released research at Market Study Report titled “2017-2024 Global HVAC Centrifugal Compressors Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.
HVAC Centrifugal Compressors Market is estimated to exceed USD 1 billion by 2024; according to a new research report.
Chillers application is expected to value over USD 700 million by 2024. Hotels, shopping malls, commercial offices and hospitals are…
Centrifugal Pump Market Analysis: Global Centrifugal Pump Market Research Report …
This report studies the Centrifugal Pump market status and outlook of global and major regions, from angles of players, regions, product types and end industries; this report analyzes the top players in global and major regions, and splits the Centrifugal Pump market by product type and applications/end industries.
The global Centrifugal Pump market is valued at XX million USD in 2016 and is expected to reach XX million USD by the…
