Press release
Air Compressor Market Will Dominate in Coming Years? Key Players: Sulzer, Ingersoll Rand, Bauer Compressors Inc., Senco Brands, Inc, Dewalt, Atlas Copco, Siemens, General Electric Manufacturing Company, Quincy Compressor, Aerotecnica, S.A. Grupo Hastinik,
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Increasing Need for Environment-friendly Air Compressors to Boost Market
Air compressors in industries help to provide a steady flow of compressed air for longer time durations. Air compressors are considered a reliable source of power in an oil rig. Given the scenario, the rising number of industries is boosting the global industrial air compressors market. Other factors promoting the growth of the global industrial air compressors market are increase in energy consumption, use of air compressors for other general applications such as screwdrivers, staplers, air-powered nail guns, wrenches, torque, material conveying, paint spraying, and others.
On the contrary, organizations that use conventional air compressors often face issues such as wasted pressure or heat loss. They also reel under certain manufacturing disadvantages of these indigenous models. These drawbacks include risk of leakage, bad design of the system, poor maintenance of system, and others. Such problems may restrict the growth of the global market for industrial air compressors in the forecast period. The Department of Energy in 2016 estimated about 30 to 50% airpower loss due to equipment inefficiency during operations in the U.S.
Top Players Mentioned:
Sulzer
Ingersoll Rand
Bauer Compressors Inc.
Senco Brands, Inc
Dewalt
Atlas Copco
Siemens
General Electric Manufacturing Company
Quincy Compressor
Aerotecnica
S.A. Grupo Hastinik
MAN Diesel & Turbo
Kaishan Group
Jereh Group
Kerui Group US Llc
BOGE Compressors.
The rising instability in crude oil prices is expected to positively impact the growth of the Air Compressor Market. Rising privatization and relaxation in the FDI norms are factors enabling growth in the market. Also, governments are heavily investing in power projects, which in turn, may fuel demand for energy and power plants across the globe.
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Increasing use of smart grids and smart metering are likely to help for the better management of power services. Better infrastructural facilities are also expected to encourage growth in the market.
The increased spending on oil and gas across the world is another factor likely to drive the Air Compressor Marketrising investments in energy efficiency projects backed by governments may also stimulate growth in the market. The penetration of renewable sources is increasing, fuelling demand for energy and is expected to drive the Air Compressor Market.
Market Segmentation:
By Type
By Application
By Geography
The information used is derived from various primary and secondary sources. It also throws light on some of the major players operating in the market. The report studies profiles of these leading companies and their share in the market. It provides insights on some of the strategies adopted by these companies to survive the competition and maintain their stronghold.
Regional Analysis:
North America (The USA and Canada)
Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
Asia Pacific (China, India, Australia, Southeast Asia and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)
Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Major Table of Content for Air Compressor Market:
Introduction
Executive Summary
Market Dynamics
Key Insights
Global Market Analysis, Insights and Forecast, 2015-2026
North America Market Analysis, Insights and Forecast, 2015-2026
Europe Market Analysis, Insights and Forecast, 2015-2026
Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
Latin America Market Analysis, Insights and Forecast, 2015-2026
Competitive Landscape
Company Profile
Conclusion
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