Press release
Industrial Air Compressor Market 2026 Trends By Regional Players Atlas Copco, Gardner Denver, Ingersoll-Rand, Quincy Compressor, Hitachi, Sullair, LLC
Industrial Air Compressor Market
Manufacturing sector growth in Asian region will boost the industrial air compressor market as the product are widely used in industries including steel fabrication, heavy engineering products, automotive production, energy & mining, food & beverage, pharma, etc. Asia Pacific region has witnessed a strong industrial development in the last decades, accounting for around 40% of the global output in 2018. Manufacturing, construction, and mining activities have witnessed an upward growth over the last decade.
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Based on lubrication, the oil filled industrial air compressor segment will be valued at more than USD 10 billion by 2026. Manufacturing sector growth will have a significant impact on the oil filled compressors due to its minimal cost and rough application advantages over oil free types. Oil filled industrial air compressors have their applications in power plants including nuclear, thermal and hydroelectric plants. The oil filled industrial air compressors are mostly employed in mining, drilling and quarrying activities to power pneumatic drilling equipment.
Based on technology, the market is classified into rotary, reciprocating and centrifugal air compressors. Here, rotary air compressors is the largest and the fastest growing technology, that accounted for more than 55% market in 2018 and is likely to expand with the substantial rate by 2026. This is because they are good energy conservers and generates lesser heat than that of other air compressors. In addition to this, rotary air compressor consumes less oil in comparison to other types in the segment which in turn will drive their growth in the near term.
Top Industry Players -
Rolair Systems,
Gardner Denver,
Atlas Copco,
Sullair,
Kaeser Kompressoren,
Bauer Compressors,
Ingersoll-Rand,
Doosan Portable Power,
Aerzener Maschinenfabrik,
Ciasons Industrial,
Elgi Compressors,
Heyner,
Hitachi,
Sullivan-Palatek,
Frank Technologies,
Emerson Climate Technologies,
Quincy Compressor,
Mat Holdings
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Some major findings of the industrial air compressor market report include:
Growth in manufacturing industry in developing economies will primarily boost the industrial air compressor industry by 2026
Upsurge in demand for compressed air in several end-use applications will create opportunities for product penetration in various sectors
Rising usage of pneumatic equipment such as actuators, robotic arms, automated assembly lines, etc. will influence product demand
Moderately fragmented market with a significant number of dominant manufactures across the world.
Hitachi, Quincy Compressor, Sullivan-Palatek, Rolair Systems, Gardner Denver, Atlas Copco, Elgi Compressors, Sullair, Kaeser Kompressoren, Ingersoll-Rand, Bauer Compressors, Aerzener, Ciasons Industrial, Heyner, Mat Holdings, and Doosan Portable Power are the prominent players in the industrial air compressor industry. Market leaders such as Atlas Copco, Gardner Denver, Ingersoll Rand, etc. have a strong global presence with several subsidiaries and joint ventures located across the world.
Browse More Info @ https://www.globenewswire.com/news-release/2019/12/19/1962540/0/en/Industrial-Air-Compressor-Market-revenue-to-surpass-USD-24-Bn-by-2026-Global-Market-Insights-Inc.html
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