Industrial Air Compressor Market- Trends, Drivers, Strategies and Competitive La

Posted by Jitendra Magar on December 1st, 2017

Market Highlights

The Global Market of Industrial Air Compressor is growing rapidly. Industrial air compressors are extremely powerful and also quite reliable. Industrial production capacities as well as Next-generation air compressor systems with an ecological stance may encourage end-users to accept and adopt new technology. It also eliminating the need of associated devices for installation of the products. Veritable advantages such as ease of handling and low maintenance is estimated to favorably impact the portable air compressor market. Moreover, Wastewater treatment plants require compressors to keep solids in suspension and supply oxygen as a measure to support the processing bacteria are some of the factors which is expected to fuel the demand for air compressors.

However, fluctuating costs of raw materials may hamper the growth of the market.

Key Players

The major player operating in the market of Global Industrial air compressor are Oasis Manufacturing, Frank technologies, Bel Aire Compressors, VMAC Company, Bauer group, Ingersoll Rand, Airtex Compressors, Best Aire LLC, Grainger Company, and Sullair among others.

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Asia pacific will be the largest market

Asia-Pacific is currently the largest market for industrial air compressors, closely followed by North America .Asia pacific market is growing due to the growing natural gas infrastructure in the country. China is referred as world’s one of the manufacturing hub due to the easy availability of resources and labors. Growing requirement for superior air quality as well as reliability is projected to stimulate growth of the market. Moreover, number of companies shifted focus to developing eco-friendly devices, along with reducing maintenance requirements and also encourage consumers to migrate from traditional products to more energy efficient alternatives.

Industrial air compressors are used to increase pressure by converting power into potential energy and stored as pressurized air. This pressurized air is used to compress gas for transport, cutting & welding and cooling among other applications. This has led to the increasing installation of air compressors across industries. Moreover, Regulations and requirements related to carbon dioxide emissions from products and industrial processes are expected to increase. Additionally, increasing home appliances demand in emerging regions is projected to drive the air compressor industry in the forecasted years.

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Jitendra Magar

About the Author

Jitendra Magar
Joined: December 1st, 2017
Articles Posted: 170

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