The global air compressor market has a very optimistic view because it is being seen as a renewable source of energy. For more mail: vikas@konceptanalytics.com
Global Air Compressor Market: Industry Analysis & Outlook (2017-2021)
1. Global Air Compressor Market:
Industry Analysis & Outlook
-----------------------------------------
(2017-2021)
Industry Research by Koncept Analytics
1
January 2018
The Air Compressor Market: Industry Analysis & Outlook (2017-
2021)
2. Executive Summary
2
The Air Compressor Market: Industry Analysis & Outlook (2017-
2021)
Air compressors are being put to use in a wide variety of sectors for different applications. Compressed air is
regarded as the fourth utility after electricity, natural gas and water. An air compressor is a machine which is
capable of converting electrical power into kinetic energy, specifically by utilization compressed air. It is a
device that converts power using an electric motor, diesel or gasoline engine, into potential energy stored in
pressurized air, also known as compressed air.
Compressed air is basically of two types positive displacement, further bifurcated into reciprocating and rotary
and centrifugal compressors. Air compressors were initially designed to compress air to higher pressures and
harness this potential energy source. Every air compressor has different types of controls and components
depending upon the use it is being put to.
The global air compressor market has a very optimistic view because it is being seen as a renewable source of
energy. Factors responsible for the growth of the market include increasing adoption of air compressor in
different industries, favorable government regulation & policies, growing popularity of automobiles and
encouraging economic environment. Major trends of the market include increased focus on R&D and high
growth prospects in emerging markets. The market will be hindered by high prices of raw materials.
The report offers an in-depth analysis of the “Global Air Compressor Market: Industry Analysis & Outlook
(2017-2021)”. Major companies that have been covered in the report include Atlas Copco, Ingersoll-Rand Plc.,
Gardner Denver, and Hitachi Ltd.
3. Growing automobiles market to escalate the demand for air compressors globally.
3
The Air Compressor Market: Industry Analysis & Outlook (2017-
2021)
• The market value of global air compressors reached
US$.. billion in 2016, increasing from US$.. billion in the
previous fiscal year. The market grew at a CAGR of ..%
for the period spanning 2012-2016.
• North America accounted for ..% of the market share in
the year 2016.
• North America’s oiled air compressor market is likely to
be valued at US$.. billion in 2021, increasing from US$..
billion in 2016. The market is expected to grow at a
CAGR of ..% for the period spanning 2016-2021.
Global Air Compressor Market by Region (2016)
Global Air Compressor Market by Value (2012-2016)
North America’s Air Compressor Market Value
Forecast by Lubrication Method (2016-2021)
4. High focus on research and development could bring in significant innovation in the global air
compressor market in the coming years.
4
The Air Compressor Market: Industry Analysis & Outlook (2017-
2021)
• Rotary type accounted for maximum share i.e. ..% in
the year 2016, followed by reciprocating and centrifugal
with ..% and ..% share respectively.
• China’s air compressor market is likely to be valued at
US$.. billion in 2021, increasing from US$.. billion in
2016. The market is expected to grow at a CAGR of ..%
for the period spanning 2017-2021.
• Machinery and manufacturing accounted for maximum
share in the overall market i.e. ..%, followed by
pharmaceuticals with …% share in 2016.
China’s Air Compressor Market Forecast by
Value (2017-2021)
North America’s Air Compressor Market Share by
Technology (2016)
China’s Air Compressor Market by Application (2016)
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