Industrial air compressors is a device that converts power using into potential energy stored in pressurized air. The increasing demand for energy-efficient compressors is one of the major factors supporting the growth of the industrial air compressor market. The Increasing demand for environment-friendly compressors is creating an opportunity for the companies operating in the market to achieve a strong market position.
MARKET DYNAMICS
The rise in energy consumption, industrialization in emerging economies, and increasing demand for energy-efficient compressors are the major factors supporting the growth of the industrial air compressor market. However, declining LNG imports in Japan & South Korea might hinder the growth of the industrial air compressor market. APAC is expected to grow at a high CAGR owing to the growing power generation, food and beverages, and pharmaceutical sectors in the region.
MARKET SCOPE
The "Global Industrial Air Compressor Market Analysis to 2028" is a specialized and in-depth study of the industrial air compressor market with a special focus on the global market trend analysis. The report aims to provide an overview of industrial air compressor market with detailed market segmentation by product type, maximum pressure, output power, end-use industry, and geography. The global industrial air compressor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading industrial air compressor market players and offers key trends and opportunities in the industrial air compressor market.
MARKET SEGMENTATION
The global industrial air compressor market is segmented on the basis of product type, maximum pressure, output power, and end-use industry. Based on product type, the market is segmented as positive displacement and dynamic. On the basis of maximum pressure, the market is segmented as 0-20 Bar, 20-100 Bar, Above 100 Bar. Based on output power, the market is segmented as 0-50 kW, 50-250 kW, 250-500 kW, and above 500 kW. On the basis of end-use industry, the market is segmented as manufacturing, power generation, oil and gas, food and beverages, chemicals, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global industrial air compressor market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The industrial air compressor market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting industrial air compressor market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the industrial air compressor market in these regions.
MARKET PLAYERS
The reports cover key developments in the industrial air compressor market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from industrial air compressor market are anticipated to lucrative growth opportunities in the future with the rising demand for industrial air compressor market. Below mentioned is the list of few companies engaged in the industrial air compressor market.
The report also includes the profiles of key industrial air compressor market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Atlas Copco
- Boge Kompressoren
- Doosan Portable Power
- Elliott Group
- Gardner Denver
- Hitachi Industrial Equipment Systems Co.,Ltd.
- Howden Group
- Ingersoll-Rand plc
- Kirloskar
- Mitsubishi Heavy Industries, Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.