WASHINGTON, June 09, 2022 (GLOBE NEWSWIRE) -- Vantage Market Research’s recent analysis of the Global Air Compressor Market finds that high usage of variable-speed systems, minimum maintenance cost, retrofitting for existing systems, and effective operation are some major factors bolstering the growth of the Air Compressor Market in coming years. In addition, the projection of gas-based & non-oil projects, and high investment in this industry by many higher organizations are expected to witness maximum growth for the Air Compressor Market over projected years.
The Global Air Compressor Market revenue is expected to reach a value USD 38.9 Billion in the year 2028.
The Global Market revenue stood at a value USD 32.4 Billion in the year 2021 and is expected to grow exhibiting a Compound Annual Growth Rate (CAGR) of 3.1% during the forecast period; states Vantage Market Research, in a report, titled “Air Compressor Market Size, Share & Trends Analysis Report by Type (Portable, Stationary), by Product (Reciprocating/Piston, Rotary/Screw, Centrifugal), by Lubrication (Oil-Filled, Oil-Free), by Application (Manufacturing, Semiconductors & Electronics, Food & Beverage, Healthcare/Medical), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)”.
Please Check Out Our Free Sample Reports and Make a More Informed Decision:
Get Access to a Free Copy of Our Latest Sample Report @ https://www.vantagemarketresearch.com/air-compressor-market-1638/request-sample
(Sample reports are a great way to test our in-depth reports or study before you make a purchase)
- The newly updated, 140+ page reports provide an in-depth analysis of the COVID-19 virus and pandemic.
- Using industry data and interview with experts, you can learn about topics such as regional impact analysis, global forecast, competitive landscape analysis, size & share of regional markets.
- We offer these reports in PDF format so you can read them on your computer and print them out.
- Free sample includes, Industry Operating Conditions, Industry Market Size, Profitability Analysis, SWOT Analysis, Industry Major Players, Historical and Forecast, Growth Porter's 5 Forces Analysis, Revenue Forecasts, Industry Trends, Industry Financial Ratios.
- The report also presents the country-wise and region-wise analysis of the Vantage Market Research and includes a detailed analysis of the key factors affecting the growth of the market.
- Sample Report further sheds light on the Major Market Players with their Sales Volume, Business Strategy and Revenue Analysis, to offer the readers an advantage over others.
Market Dynamics:
Rapid Industrialization and Increasing Automation in Emerging Economies Drives the Market
Industrial air compressors have an extensive range of applications in industries including chemical compounds & petrochemicals, oil & gas, pharmaceuticals, construction, automobile & transportation, packaging industry, energy generation, healthcare, metals & mining, and others. Rapidly growing industrialization and manufacturing activities provide immense potential for the growth of the commercial air compressors. In addition, government initiatives to promote commercial automation and emphasis on commercial automation for optimum utilization of resources also drive the demand for industrial air compressors as they can be used for powering pneumatic tools, packaging, automation equipment, and conveyors.
Cost-Effective Operations to Drive the Market Demand
Energy-efficient compressors are witnessing a surge in demand owing to their cost-effective operations. The increased adoption of variable-speed systems, low maintenance cost, effective operation, and retrofitting for present structures are a few parameters that propel the demand for air compressors throughout key end-use industries. Also, the expanded demand for monitoring & servicing of compressed air installations is anticipated to drive the Air Compressor Market in projected years.
Key Insights & Findings from the Report:
- According to our primary respondents’ research, the Air Compressor market is predicted to grow at a CAGR of roughly 3.1% during the forecast period.
- The Air Compressor market was estimated to be worth roughly USD 32.4 Billion in 2021 and is expected to reach USD 38.9 Billion by 2028; based on primary research.
- On the basis of region, Asia Pacific is projected to dominate the worldwide Air Compressor market.
Purchase This Premium Report Now @ https://www.vantagemarketresearch.com/buy-now/air-compressor-market-1638/0
Benefits of Purchasing Air Compressor Market Reports:
- Customer Satisfaction: Our team of experts assists you with all your research needs and optimizes your reports.
- Analyst Support: Before or after purchasing the report, ask a professional analyst to address your questions.
- Assured Quality: Focuses on accuracy and quality of reports.
- Incomparable Skills: Analysts provide in-depth insights into reports.
Segmentation of the Global Air Compressor Market:
- Type
- Portable
- Stationary
- Product
- Reciprocating/Piston
- Rotary/Screw
- Centrifugal
- Lubrication
- Oil-Filled
- Oil-Free
- Application
- Manufacturing
- Semiconductors & Electronics
- Food & Beverage
- Healthcare/Medical
- Home Appliances
- Energy
- Oil & Gas
- Others
- Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Read Full Research Report @ https://www.vantagemarketresearch.com/industry-report/air-compressor-market-1638
COVID-19 Impact Analysis:
The COVID-19 outbreak has affected various industries worldwide. Governments across the world implemented strict lockdown measures and social distancing norms in order to restrict the swift spread of the pandemic. Manufacturing facilities around the world were shut down during the initial stages of the pandemic. Moreover, the economic crisis after the pandemic might lead to a significant delay in the commercial roll-out of the electronics industry. Small and medium-scale companies are the backbone of technology providers and are witnessing a steep drop in revenue since the emergence of the pandemic in 2020. Hence, market players faced numerous challenges as disruptions in the supply chain were observed. However, things will improve in the second half of 2022 as more supplies will come online. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends of the market for all the regions and countries based on the following data points:
- Impact Assessment of COVID-19 Pandemic
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Quarterly Market Revenue Forecast by Asia Pacific 2020 & 2021
- Key Strategies Undertaken by Companies to Tackle COVID-19
- Long Term Dynamics
- Short Term Dynamics
The Report on Air Compressor Market Highlights:
- Assessment of the market
- Premium Insights
- Competitive Landscape
- COVID Impact Analysis
- Historic Data, Estimates and Forecast
- Company Profiles
- Global and Regional Dynamics
Do You Have Any Query or Specific Requirement? Ask to Our Industry Expert@ https://www.vantagemarketresearch.com/air-compressor-market-1638/inquiry-before-buying
(You may enquire a report quote OR available discount offers to our sales team before purchase.)
Regional Analysis:
Asia Pacific Holds Largest Market Share
Asia Pacific dominated the Global Air Compressor Market in 2021. With the increased use of machinery and equipment across numerous end-use sectors and considerable development in the manufacturing sector, the requirement for crude oil and renewable resources has increased at a substantial pace. Thus, the application of products capable of withstanding adverse environments, in turn, is anticipated to propel the growth of the Air Compressor Market in the forecast period.
List of Prominent Players in the Air Compressor Market:
- Aire Tex Compressor
- Atlas Copco
- Bauer Group
- Cook Compression
- Bel Aire Compressors
- General Electric
- Ingersoll Rand PLC
Browse market data Tables and Figures spread through 142 Pages and in-depth TOC on "Air Compressor Market Size, Share & Trends Analysis Report by Type (Portable, Stationary), by Product (Reciprocating/Piston, Rotary/Screw, Centrifugal), by Lubrication (Oil-Filled, Oil-Free), by Application (Manufacturing, Semiconductors & Electronics, Food & Beverage, Healthcare/Medical), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)" View detailed Research Report here - https://www.vantagemarketresearch.com/press-release/air-compressor-market-850501
Recent Developments:
June 2021: Bosch signed a long-term agreement with Daimler Truck AG and Volvo Group AB to supply electric air compressors with integrated power electronics to help with the development of hydrogen fuel cell systems.
October 2021: Ingersoll Rand acquired Air Dimensions Inc. for an all-cash purchase of USD 70.5 million. Based in Deerfield Beach, Fla., Air Dimensions designs, manufactures, and sells vacuum diaphragm pumps primarily for environmental applications in high-growth, sustainable end markets, such as emission monitoring, biogas, utility, and chemical processes.
November 2021: Atlas Copco acquired S.T.E.R.I. SRL (STERI), an Italy-based compressor distributor and service provider located in Turin. The company mainly serves a wide range of local industrial companies in the Piedmont and Valle d’Aosta regions in Italy. Its range includes compressors, filters, and ancillary equipment. The business has become part of the Compressor Technique Service division within the Compressor Technique Business Area.
Key questions answered in the report:
- Which regional market will show the highest and rapid growth?
- Which are the top five players of the Air Compressor Market?
- How will the Air Compressor Market change in the upcoming six years?
- Which application and product will take a lion’s share of the Air Compressor Market?
- What is the Air Compressor market drivers and restrictions?
- What will be the CAGR and size of the Air Compressor Market throughout the forecast period?
This market titled “Air Compressor Market” will cover exclusive information in terms of Regional Analysis, Forecast, and Quantitative Data – Units, Key Market Trends, and various others as mentioned below:
| Parameter | Details |
| Market Size Provided for Years | 2016-2028 |
| Base Year | 2021 |
| Historic Years | 2016-2020 |
| Forecast Years | 2022-2028 |
| Segments Covered | • Type • Portable • Stationary • Product • Reciprocating/Piston • Rotary/Screw • Centrifugal • Lubrication • Oil-Filled • Oil-Free • Application • Manufacturing • Semiconductors & Electronics • Food & Beverage • Healthcare/Medical • Home Appliances • Energy • Oil & Gas • Others • Region • North America • Europe • Asia Pacific • Latin America • Middle East & Africa |
| Region & Counties Covered | • North America • U.S. • Canada • Mexico • Europe • U.K • France • Germany • Italy • Spain • Rest Of Europe • Asia Pacific • China • Japan • India • South Korea • South East Asia • Rest Of Asia Pacific • Latin America • Brazil • Argentina • Rest Of Latin America • Middle East & Africa • GCC Countries • South Africa • Rest Of Middle East & Africa |
| Companies Covered | • Aire Tex Compressor • Atlas Copco • Bauer Group • Cook Compression • Bel Aire Compressors • General Electric • Ingersoll Rand PLC |
| Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis |
Customization of the Report:
The report can be customized as per client needs or requirements. For any queries, you can contact us on sales@vantagemarketresearch.com or +1 (202) 380-9727. Our sales executives will be happy to understand your needs and provide you with the most suitable reports.
Download Free Sample Report Now @ https://www.vantagemarketresearch.com/air-compressor-market-1638/request-sample
Browse More Related Report:
- Heat Pump Market:- https://www.vantagemarketresearch.com/industry-report/heat-pump-market-1606
- Carbon Monoxide Detectors Market:- https://www.vantagemarketresearch.com/industry-report/carbon-monoxide-detectors-market-1596
- Electric Vehicle Plastic Market:- https://www.vantagemarketresearch.com/industry-report/electric-vehicle-plastic-market-1520
- Turbocharger Market:- https://www.vantagemarketresearch.com/industry-report/turbocharger-market-1467
About Vantage Market Research:
We, at Vantage Market Research, provide quantified B2B high quality research on more than 20,000 emerging markets, in turn, helping our clients map out constellation of opportunities for their businesses. We, as a competitive intelligence market research and consulting firm provide end to end solutions to our client enterprises to meet their crucial business objectives. Our clientele base spans across 70% of Global Fortune 500 companies. The company provides high quality data and market research services. The company serves various enterprises and clients in a wide variety of industries. The company offers detailed reports on multiple industries including Chemical Materials and Energy, Food and Beverages, Healthcare Technology, etc. The company’s experienced team of Analysts, Researchers, and Consultants use proprietary data sources and numerous statistical tools and techniques to gather and analyse information.
Follow Us on LinkedIn: https://www.linkedin.com/company/vantage-market-research/
Follow Us on Twitter: https://twitter.com/vantagemarketr
Contact us
Eric Kunz
6218 Georgia Avenue NW Ste 1 - 564
Washington DC 20011-5125
United States Tel: +1 202 380 9727
Email: sales@vantagemarketresearch.com
Website: https://www.vantagemarketresearch.com/
Latest Vantage Market Research Press Releases @https://www.vantagemarketresearch.com/insight/press-releases
Latest Vantage Market Research Blog @ https://www.vantagemarketresearch.com/insight/blogs
Blog:
- https://bwsc.kr/
- https://makitirapide.com/
- https://marketstrades.com/
- https://v-mr.biz/
- https://techwire24.com/
- https://eurooo.fr/
- https://basital.de/
- https://emarketbee.com/
- https://globalresearchwire.com/
