Air Compressor Market Is Estimated To Exceed USD 37 Billion By 2022 : Radiant Insights
RadiantInsights.com includes new market research report on “Air Compressor Market Size, Share And Trends Report Up To 2022 : Radiant Insights” to its huge collection of research reports.
San Francisco, United States – October 13, 2015 /MarketersMedia/ —
The air compressor market is estimated to exceed USD 37 billion (in relation to revenue) by 2022. The same has been stated by Radiant Insights, Inc. New techniques in the market would reduce problems like noise generation, and air contamination. Air compressors will simplify gas transfer in industrial and non-industrial activities by 2022.
The Air Compressor Market is divided into portable, and stationary products. Portable products are utilized in low-energy powered areas. They are a power source for tools and machineries in the construction industry. Stationary products accounted for 55% of the worldwide market in 2014.
In terms of designs, air compressors are classified into rotary, centrifugal, and rotating. Rotary compressors are divided into rotary helical, screw, and rotary sliding vane. They are mostly used in heavy industrial applications. Reciprocating air compressors are fragmented into two phase, single phase, diaphragm, and rocking piston.
In terms of lubrication, compressors are split into oil-free, and oil-lubricated. Rotary compressors accounted for over 45% of the air compressor market in 2014. The need for energy-efficient compressors has widened the scope of centrifugal compressors. The report also states that the market is segmented into five regions.
Browse full research report with TOC @ http://www.radiantinsights.com/research/air-compressor-market
These are North America, Europe, Latin America, Asia-Pacific (APAC), and Middle East and Africa (MENA). The APAC region seems to have utmost potential. This owes to its manufacturing facilities and growing infrastructure. Latin America and MENA regions also exhibit the same trends.
This is due to alterations in energy regulations and growing awareness of energy-efficient products. The North American and European markets will experience downward trends. It would happen on account of economic slowdown around the globe and ongoing financial crisis in Europe respectively.
However, escalating demand for air compressors across consumer and application segments would drive market demand. Some of the prominent air compressor market investors are GE Energy, Chicago Pneumatic, Atlas Copco, Bauer Group, and BelAire.
See More Reports of This Category by Radiant Insights: www.radiantinsights.com/catalog/hvac
Other key market players include Ingersoll Rand, Kobe Steel, Accudyne, Doosan, Shanghai Screw Compressor, Kirloskar, Siemens, Mitsubishi Heavy Industries, and Hitachi. Most of these organizations are engaged in developing strategies and new products to get a stronger market grip over others.
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Web: http://www.radiantinsights.com/
For more information about us, please visit http://www.radiantinsights.com/research/air-compressor-market
Contact Info:
Name: Michelle Thoras
Email: sales@radiantinsights.com
Organization: Radiant Insights, Inc.
Address: 28 2nd Street
Phone: 14153490054
Release ID: 93801
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