Global Industrial Air Compressor Market

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Global Industrial Air Compressor Market
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Industrial air compressor market is projected to
grow at a CAGR of 6.3 from 2016 to 2021

• The industrial air compressor market is projected
  to reach USD 34.87 billion by 2021, growing at a
  CAGR of 6.3 from 2016 to 2021. Industrial air
  compressors are used to increase pressure by
  converting power into potential energy, which is
  stored in pressurized air.
• Rapid industrialization in emerging economies,
  investments to improve cross border oil gas
  pipeline networks, and increasing awareness about
  energy saving and efficiency are expected to
  drive the industrial air compressor market.
• Declining LNG imports in the U.S., Japan, and
  South Korea is a restraining factor for
  industrial compressors.

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The positive displacementindustrial air
compressors segment is expectedto grow at the
fastest CAGR from 2016 to 2021

• Positive displacement compressors are further
  segmented in to reciprocating
• and rotary type compressors. Reciprocating
  compressors are among the oldest compressor
  technologies and are still being used in medium
  to large scale industries.
• These compressors come in all pressure ranges but
  are preferred for applications that require high
  pressure, due to high maintenance cost.
• Rotary compressors on the other hand have a
  limited pressure range and are used for a variety
  of applications in industries such as food
  beverages, chemicals, textile, and power
  generation, among others.
• Due to versatility in application, the positive
  displacement compressor market is expected to
  have higher growth in the market.

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Asia-Pacific The largest market for industrial
aircompressors

• Asia-Pacific is currently the largest market for
  industrial air
• compressors, closely followed by North America.
• The Asia-Pacific market is primarily driven by
  countries such as
• China,
• India,
• Australia, and
• Thailand,
• among others,
• where there is high demand for industrial air
  compressors.
• The market in this region is projected to grow at
  a high rate, with China expected to dominate the
  market.

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Scope of the Report

• - By Product TypeThe industrial air compressors
  market, based on product type,
• has been classified into positive displacement
  and dynamic. The positive displacement segment is
  further broken in to reciprocating compressors
  and rotary compressors, whereas dynamic
  compressors are segmented into centrifugal and
  axial compressors
• - By Output PressureThe industrial air
  compressors market based on output pressure is
  categorized in to 0-20 Bar, 20-100 Bar, and above
  100 Bar
• - By Maximum PowerThe industrial air
  compressors market on the basis of maximum power
  is classified in to 0-50 kW, 50-250 kW, 250-500
  kW, and above 500 kW

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• - By Seal TypeOn the Basis of seal type,
  industrial air compressors are segmented
• into oil-immersed and oil free air compressors
• - By End-UserThe industrial air compressor
  market, based on end user, has been segmented
  into chemicals petrochemicals, food
  beverages, manufacturing, oil gas, power
  generation, and others.
• - By RegionThe global industrial air compressor
  market analyses with respect to five regions,
  namely, North America, South America, Europe,
  Asia-Pacific, and Middle East Africa.

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Why buy this report?

• 1. The report identifies and addresses key
  markets for industrial air
• compressor market, which is useful for suppliers
  to review the growth in demand for the
  product.2. The report helps solution providers
  to understand the pulse of the market and
  provides insights on drivers, restraints, and
  challenges. 3. The report will help key players
  to better understand the competitions strategies
  and will help in making strategic decisions.

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Full Report Global Industrial Air Compressor
Market

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