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Oil-Free Air Compressor Market Report 2019 - 2024 by Regional Revenue, Growth & Trends Analysis

07-26-2019 09:24 PM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights Inc.

Oil-Free Air Compressor Market

Oil-Free Air Compressor Market

Global Market Insights has come up with a report on the Oil-Free Air Compressor market which provides a holistic synopsis of the market size, market valuation, revenue estimate, SWOT analysis, and the geographical spectrum of this industry. The report accurately underlines the key challenges and opportunities for growth during the forecast period. In addition, it sheds light on the current competitive scenario and reviews the business strategies adopted by the Oil-Free Air Compressor industry players.

Request for a sample copy of this report @
https://www.gminsights.com/request-sample/detail/460

Oil-free Air Compressor Market in Asia-pacific led by China will exhibit growth with a CAGR of over 4% owing to significant demand from the oil & gas industries along with adoption of variable speed air compressor. North America rotary scroll oil-free air compressor market accounted for over USD 215 million in 2024 and will exhibit growth with a CAGR of close to 4 %.

Oil-free Air Compressor Market, by Application:
• Home appliances
• Food & beverage
• Semiconductor & electronics
• Manufacturing
• Healthcare
• Others

The home appliances segment will capture significant share of over 70% in 2024 of the global oil-free air compressor market owing to its wide application in air conditioners and refrigerators for commercial as well as residential purpose. The food & beverages segment revenue will capture a comparatively lesser market share by the end of 2024 due to several regulations pertaining to safety and hygiene governing the sector.

Make an Inquiry for Purchasing this Report @
https://www.gminsights.com/inquiry-before-buying/460

The oil-free air compressor market competitive landscape includes key players such as:
• General Electric
• Hitachi Industrial Equipment Systems
• Ingersoll Rand
• Oasis Manufacturing
• ELGI Equipments Limited
• Cook Compression
• Atlas Copco
• Gardner Denver
• Bauer Group
• Boge Compressors
• Mitsubishi Heavy Industries Ltd.

In order to attain a dominant position in the global market, these players are focusing on research and development activities to introduce technological advancement and innovation.

The U.S. rotary segment will witness growth at a moderate speed and accounted for over 65% share in the overall industry in 2024 and will grow with a highest CAGR owing to their increased adoption in heavy industrial applications. However, the centrifugal compressor segment held a share of over USD 7 billion in 2024 and will grow with a CAGR of close to 4% in the forecast spell.

Browse Report Summery @
https://www.gminsights.com/industry-analysis/oil-free-air-compressor-market

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/

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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