Press release
Air Compressor Market: What are the Future Growth Opportunities? Top Players: Atlas Copco, Sullair, Gardner Denver, Hitachi Industrial Equipment Systems, Emerson, Kaeser Compressors USA
It is estimated that global air compressor market size will record substantial gains over the next few years. Air compressors are extensively utilized in a wide range of environments for a wide variety of applications today. The food & beverage, automotive, energy, healthcare, oil & gas, mining, and home appliances industries are among the major end-users of these systems.Rapid expansion of oil & gas exploration and mining activities across the globe have created a strong demand for air compressor systems. Ongoing developments in the automotive, energy, and healthcare sectors are further fueling this demand. A notable uptick in people’s household income levels and growing adoption of smart home appliances is likely to create favorable opportunities for manufacturers in the near future.
Highlighted below are some of the crucial regional factors augmenting the product adoption in the future.
Expansion of key end-use industries in the U.S.
Future trends in North America air compressor industry will be mainly led by the U.S., which is the world’s fourth largest exporter of refrigerators and holds 7% of the global market share. The region is experiencing a robust demand for portable air compressors in painting, domestic workshops, and numerous other household activities.
The U.S. is also home to a large number of food processing, packaged food, and refrigerated warehouses. Expansion of the food & beverage sector and increasing shale gas exploration activities will positively influence the regional outlook in the future. In addition, a well-established automotive sector will provide local air compressor manufacturers with promising opportunities.
Access sample pages of the report, “North America Air Compressor Market Forecasts 2026” in detail along with the table of contents (ToC) @
https://www.graphicalresearch.com/request/1227/sample
The U.S. government has been investing substantially in development of the country’s healthcare and pharmaceutical sectors. The country has a large number of healthcare facilities and is poised to witness growing number of hospitals and diagnostic centers in the forthcoming years. These trends, along with growth of the semiconductor & electronics sector will complement the regional deployment of air compressors.
Rapid growth of manufacturing sector in Europe
The demand for air compressors in European countries will be largely influenced by expansion of the manufacturing sector. These systems are extensively used in a wide range of industrial and manufacturing operations. Compressed air is required for cutting and welding equipment, air tools, monitoring equipment, and operating automatic machinery on production lines.
The flourishing automotive sector, mainly in Germany, and robust technological developments in the industry will certainly boost the product demand across the region. However, the home appliances sector, which accounted for more than 25% revenue share of Europe air compressor market in 2019, is likely to emerge as a key application segment by 2026.
Access sample pages of the report, “Europe Air Compressor Market Forecasts 2026” in detail along with the table of contents (ToC) @
https://www.graphicalresearch.com/request/1419/sample
European countries are expected to actively invest in expansion of the thermal and nuclear power plants in the region. Air compressor systems are prominently used in all types of power plants including nuclear, thermal, hydroelectric, and diesel engine generators. The need for reliable power supply will undeniably propel the technology adoption in the future.
Increasing automotive and healthcare expenditure in Europe
An increasing occurrence of various chronic diseases across Europe has resulted in increased government investments in the healthcare sector. Regional healthcare and biotech firms are making R&D efforts to design better diagnostic and medical equipment. Air compressors are crucial components in the manufacturing of medical devices and will witness a strong demand.
Meanwhile, the automotive sector will continue to offer lucrative opportunities to regional manufacturers. Europe has witnessed an exponential rise in automotive sales, especially in the passenger vehicles segment. Air compressors find extensive application in automotive air conditioners and air brakes to control the intake of air in supercharger and turbocharger engines.
Air compressor demand across the Europe’s construction sector is slated to witness a 7% CAGR through 2026. This can be attributed to growing construction and infrastructure development activities in Eastern Europe, where rapid urbanization and industrial development has created a massive need for affordable housing solutions and commercial spaces.
Growing penetration of portable air compressors in APAC
Stationary air compressors dominated Asia Pacific air compressor market in 2019 with over 97% revenue share and their demand is slated to grow at a healthy 6% CAGR through 2026. These systems are widely used in air conditioners, refrigeration systems, automotive systems, industrial facilities, workshops, and warehouses.
On the other hand, portable air compressors are increasingly gaining traction and will experience a notable demand in the coming years. These include wheel-mounted, offshore, hand-carried, and utility-mounted air compressors. They are mainly used in household applications such as tire inflation and painting, and industrial applications like mining, oil exploration, and construction.
Access sample pages of the report, “Asia Pacific Air Compressor Market Forecasts 2026” in detail along with the table of contents (ToC) @
https://www.graphicalresearch.com/request/1223/sample
The demand for portable air compressors is likely to rise considerably in Asia Pacific over the next few years, with rapid infrastructure development and oil exploration projects. These compressors are generally preferred due to convenience and ease-of-use. Their deployment across Asia Pacific’s growing manufacturing sector is also likely to grow significantly.
Robust demand for oil-filled air compressors in APAC
Lubrication of air compressors can be done using oil or air. Oil filled air compressors are widely used in heavy-duty applications in the automotive, manufacturing, and oil & gas sectors on account of benefits including high durability, greater performance, and lower costs. Their demand across the Asia Pacific region is expected to grow steadily over the next few years.
Oil-filled air compressors, also known as oil-lubricated air compressors, have been experiencing growing adoption across APAC’s food & beverage sector. Their widespread utilization in food processing sector can be linked with advantages such as compact size, lighter weight, and their ability to deliver uncontaminated compressed air.
Contaminated air may lead to various occupational hazards in food & beverage, healthcare, and electronics sectors, which should propel the product adoption in the future. Constant technological innovations in the electronics sector driven by increasing consumer demand and expectations will bolster overall Asia Pacific air compressor market outlook.
Air compressors systems are among the most pivotal and widely used HVAC components and will continue to experience widespread adoption in the near future, worldwide. Manufacturers are constantly focusing on product improvements in terms of reliability, efficiency, and performance. The presence of leading industry participants along with the emergence of new entrants will certainly augment global air compressor market forecast.
Contact Us:
Parikhit B.
Corporate Sales,
Graphical Research
Phone: 1-800-986-6917
Email: sales@graphicalresearch.com
Web: https://www.graphicalresearch.com
About Graphical Research:
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
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 Air Compressor Market: What are the Future Growth Opportunities? Top Players: Atlas Copco, Sullair, Gardner Denver, Hitachi Industrial Equipment Systems, Emerson, Kaeser Compressors USA here
News-ID: 2278697 • Views: …
More Releases from Graphical Research
Medical Oxygen Concentrators Market is Moving Fast! | Major Key Companies are Co …
An analysis of medical oxygen concentrators market has been provided in the latest report introduced by Graphical Research that primarily focuses on the market trends, demand spectrum, and prospects of this industry over the forecast period. Furthermore, the report provides a detailed statistical overview in terms of trends outlining the geographical opportunities and contributions by prominent industry share contenders.
Evidence suggests that oxygen concentrators are not only a cost-effective solution…
Why the Hand Sanitizer Market Is Set To Explode? | Key Players are 3M, Best Sani …
The global hand sanitizer market share is expected to gain immense traction over the forecast spell, owing to the rising impact of the COVID-19 pandemic. COVID-19, an infectious disease caused by the SARS-CoV-2 virus, is spreading across the globe at a rapid pace. This pandemic has created an unprecedented public health crisis and has, in turn, triggered several initiatives by healthcare providers worldwide to curb further impact.
Regulatory authorities and…
Guidewires Market: What are the Future Growth Opportunities? Top Players: Stryke …
The global guidewires market is slated to witness an upward trend over the next few years, fueled by the growing popularity of minimally invasive procedures. Guidewires are an important piece of medical equipment designed and developed to provide reliability, flexibility, and improved performance during surgical procedures.
Since their introduction, the technology has evolved rapidly and is constantly finding its way into new applications. A guidewire is a wire used to…
Yeast Extract Market 2021 Emerging Trends || Leading Players Kerry Group, Lesaff …
A comprehensive research study on yeast extract market introduced by Graphical Research provides insights into the market size and growth trends of this industry over the forecast timeline. The study evaluates key aspects of market in terms of the demand landscape, driving factors and growth strategies adopted by market players.
Yeast extract market is expected to show steady growth in the coming years and below are the key trends enhancing…
More Releases for Air
Thermoelectric Assemblies Market, By Type (Air to Air, Direct to Air, Liquid to …
The thermoelectric assemblies market is expected to witness market growth at a rate of 8.25% in the forecast period of 2021 to 2028. Data Bridge Market Research report on thermoelectric assemblies market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the application of thermoelectric assemblies in the food and beverage industry…
Air Medical Services Market 2019 Development Status - EMS 24-7, Air Methods, PHI …
Global Air Medical Services Market 2019 by Company, Regions, Type and Application, Forecast to 2024 offers a stronger and effective business outlook. The report deals with a complete overview of Air Medical Services market which comprises definitions, a wide range of statements and an entire chain structure. The report delivers an in-depth analysis of different attributes of industries such as trends, developments, policies, and clients operating in different regions. The…
Air Ambulance Services Market 2019 AMR PHI Air Medical Scandinavian Air Ambulanc …
Air medical services is a comprehensive term covering the use of air transportation, airplane or helicopter, to move patients to and from healthcare facilities and accident scenes. Personnel provide comprehensive prehospital and emergency and critical care to all types of patients during aeromedical evacuation or rescue operations aboard helicopter and propeller aircraft or jet aircraft.
Request a Sample of this Report @ http://www.orbisresearch.com/contacts/request-sample/2398576 …
Air Ambulance Services Market 2026: Air Methods Corporation, Deccan Charters, Sc …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
Publisher’s Air Ambulance Services market research report provides the newest industry data and industry future trends, allowing you to identify the products and…
Air Ambulance Services Market Growth, & Key Business Strategies by Leading Indus …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Air Ambulance Services Speaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in…
Air Ambulance Services Market Analysis Report, Regional Outlook with Key Players …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Air Ambulance ServicesSpeaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in North…