Sarasota, FL, Jan. 25, 2017 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Air Compressors Market by Technology (Reciprocating, Rotary, and Centrifugal) by Lubrication (Oil Filled and Oil Free) Market for Food & Beverage, Healthcare, Home Appliances, Energy, Oil & Gas, Electronics, Manufacturing and Others Application: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 - 2022”. According to the report, the global air compressors market accounted for around USD 30.84 Billion in 2016 and is expected to reach approximately USD 38.79 Billion by 2022, growing at a CAGR of around 3.9% between 2017 and 2022.

Air compressors are often the single most significant source of energy and they are also one of the largest expenses, both in terms of maintenance costs and purchase. They are normally available in a horsepower of three-quarters or larger and may have air tanks with up to an 80-gallon tank. Model and features of an air compressor vary among brands and models.

Browse through 42 Market Tables and 29 Figures spread through 110 Pages and in-depth TOC on “Global Air Compressor Market: By Technology, Lubrication, Type, Industry Size, Share, Analysis, Segment and Forecast 2016 – 2022”.

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The growth of air compressor market is mainly driven by the advent of energy efficient air compressors, which are available. Furthermore, significant demands from oil & gas and home appliances industries, the constant advent of a new product with innovative technology by the manufacturer are some of the factors estimated to propel the growth of air compressor market. Next-generation compressed air systems with low maintenance and an eco-friendly feature are foreseen to support shift demand from traditional equipment to modern technology. However, prices of raw material are significantly mounting which may impact air compressor market. Nonetheless, increasing demand from construction industry is expected to open up alluring opportunities for air compressor market in the analysis period.

Rotary type technology segment dominated air compressor market in 2016 owing to increasing demand for heavy industrial applications. Centrifugal technology segment is expected to become another most lucrative segment in the forecast period due to such as the cooler running pump, built-in thermal overload for additional motor protection, cast iron cylinder, and oil-lubricated pump.

Browse the full "Air Compressors Market by Technology (Reciprocating, Rotary and Centrifugal) by Lubrication (Oil Filled and Oil Free) Market for Food & Beverage, Healthcare, Home Appliances, Energy, Oil & Gas, Electronics, Manufacturing and Others Application: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 - 2022" report at

Based on lubrication type, the market is categorized into oil filled and oil-free air compressors. Oil-free air compressors supply non-contaminated air, are receiving increased adoption amidst industries such as electronic assembling, food & beverage, and pharmaceuticals. In 2016, oil filled air compressor emerged as a leading lubrication type segment and will continue to dominate demand for the analysis period.

Manufacturer acquired largest market share for air compressor market in 2016.The growth of this segment is mainly attributed to increasing demand from Asia-Pacific and Latin America. Food & beverages segment is expected to experience significant growth owing to mandates on food safety and health requirements.

Asia-Pacific held the largest share of the global air compressor market and this trend is expected to mirror in the world marketplace within the analysis period. Several leading players in the global air compressors market are expected the focus on the developing Asian countries to gain the significant market share. The increasing number of construction and infrastructure projects, the fast growing FMCG industry and pharmaceutical and the opportunistic OEM business in the Asian region is expected to open up lucrative opportunities for investment to the stakeholders.

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North America and European markets are mainly driven by the emergence of next-generation compressed air systems with low maintenance and eco-friendly features. The efficiency, productivity, and reliability of rotary air compressors in heavy-duty applications has fostered their adoption in industrial activities is expected to prompt air compressor market in the analysis period. In 2016, U.S. held the largest market share in North America. Germany and France are expected have significant potential to shape in Europe region due to the presence of large industrial sector.

The developing economies in Latin America are expected to offer significant growth opportunities for the key manufacturer and this region is considered to be a most lucrative region for air compressor market after Asia Pacific. Rising power demand coupled increasing demand from the industrial application are the key growth factors expected to contribute to the growth of the air compressors market in Latin America. Brazil, Chile, and Peru are expected to be the key contributing countries for the growth of the market owing to demand from industrial sectors.

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The Middle East and Africa is expected to be one of the fastest growing regional markets for air compressors. The growth of this region is mainly attributed to changing regulatory scenario and growing awareness towards eco-friendly products. Saudi Arabia and U.A.E. are projected to acquire significant market share for air compressors in the Middle East. Increasing spending in the construction industry in African region has led heavy investments in the new infrastructure projects and is estimated the flourish the growth of air compressor market in the forecast period.

The key dominant player’s operative in global air compressor market includesGE Energy, Mitsubishi Heavy Industries, Sullair, Ebara Corp., KPCL, Elgi Equipment Ltd., Atlas Copco, Ingersoll Rand, Chicago Pneumatic, Bauer Group, BelAire, Sulzer Ltd., Kobe Steel and VMAC amongst others.

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The reported segment of global air compressor market as follows:

Global Air Compressors Market: Technology Segment Analysis

  • Reciprocating
  • Rotary 
  • Centrifugal 

Global Air Compressors Market: Lubrication Method Segment Analysis

  • Oil Filled 
  • Oil Free

Global Air Compressors Market: Application Segment Analysis

  • Food & Beverage
  • Healthcare
  • Home Appliances
  • Energy
  • Oil & Gas
  • Electronics
  • Manufacturing 
  • Others

Global Air Compressors Market: Regional Segment Analysis

  • North America 
    • U.S.
  • Europe
    • U.K.
    • France
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
  • The Middle East and Africa

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