Rotary Air Compressor Market Expected to Reach $12,634 Million by 2023

According to a new report by Allied Market Research, titled, Rotary Air Compressor Market by Type, Lubrication Method, and End-Use Industry: Global Opportunity Analysis and Industry Forecast, 2016-2023, the global Rotary Air Compressor market was valued at $ 9,298 million in 2016, and is projected to reach at $ 12,634 million by 2023, growing at a CAGR of 4.50% from 2017 to 2023. Stationary and oil free segments possess the maximum growth potential and are expected to create lucrative opportunities for industry players.

Access Full Summary at : https://www.alliedmarketresearch.com/rotary-air-compressor-market

At present, Rotary Air Compressor witness an increased adoption in the developed and the developing regions, owing to technological innovations in product offerings, increased adoption of industry 4.0, growth associated with end-use industries, surge in demand for energy efficient products, and increase in application areas among end users. However, stringent regulatory standard is expected to restrict the Rotary Air Compressor market growth during the forecast period.

The stationary segment dominated the Rotary Air Compressor market in 2016, with around 60% revenue share and it is anticipated to exhibit fastest growth rate. This is attributed to the growth of construction, manufacturing, and oil & gas industry.

The oil free segment dominated the global Rotary Air Compressor market, with around 55% share in 2016, followed by oiled segment. Furthermore, oil free segment is estimated to grow at the highest CAGR of 4.80%, owing to widespread adoption of advanced products. For instance, in October 2016, Kobe Steel launched Emeraude-ALE oil-free air compressors.

Get a Sample Copy of this Report
https://www.alliedmarketresearch.com/request-sample/4563

The manufacturing segment dominated the Rotary Air Compressor market in 2016, with around 33% revenue share and power generations segment is anticipated to exhibit fastest growth rate. This is attributed to the rising demand from Asia-Pacific region.

Asia-Pacific was the highest revenue contributor in 2016, accounting for around 38% share. Asia-Pacific is projected to grow at the significant CAGR of 5.00% during the forecast period.

The report features the competitive scenario of the Rotary Air Compressor market and provides comprehensive analysis of the significant growth strategies adopted by major players. The key players operating in the market include Atlas Copco AB, Kobe Steel Ltd., Elgi Equipments Limited, Ingersoll-Rand PLC, Kirloskar Pneumatic Company Limited, Mitsubishi Heavy Industries Ltd., Suzler Ltd., Ebara Corporations, Porter Cable, and VMAC Global Technology Inc., and others.

Key Findings of the Rotary Air Compressor Market:
The stationary segment dominated the global Rotary Air Compressor market in 2016.
The oil-free, power generation sector, manufacturing, and food & beverage industry segments are estimated to provide significant growth opportunities to the key market players.
The Asia-Pacific market is expected to be dominant, in terms of market size. However, Asia-Pacific and LAMEA are estimated to possess the highest CAGR during the forecast period.

🔰Trending Reports🔰
Paper making machine market https://www.alliedmarketresearch.com/paper-making-machine-market-A08168
Tissue Paper Packaging Machines Market https://www.alliedmarketresearch.com/tissue-paper-packaging-machines-market-A08838
Compostable Food service Packaging Market https://www.alliedmarketresearch.com/compostable-food-service-packaging-market-A16033
Paper Drying Systems Market https://www.alliedmarketresearch.com/paper-drying-systems-market-A16108
FMCG Packaging Market https://www.alliedmarketresearch.com/fmcg-packaging-market-A64104
Pre-press for Packaging Market https://www.alliedmarketresearch.com/pre-press-for-packaging-market-A08123
Rigid Plastic Packaging Market https://www.alliedmarketresearch.com/rigid-plastic-packaging-market
Sachet Packaging Market https://www.alliedmarketresearch.com/sachet-packaging-market-A12802

Contact Us:
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
https://medium.com/@kokate.mayuri1991
https://www.scoop.it/u/monika-718
https://bfsibloghub.blogspot.com/

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.