Air Compressor Market – Overview
The growth in demand for home appliances, especially in developing countries, is anticipated to
boost the air compressor market. Reports that measure the energy and power industry has been
presented by Market Research Future, which produces reports on industry verticals that evaluate
the market expansion and potentials. A 7.5 % CAGR is predicted to influence the air compressor
market in the impending period.
The accelerated rate of industrialization in emerging economies is expected to spur the demand for
the air compressor market. The need to attain a considerable decrease in maintenance expenses is
anticipated to guide the market for air compressors around the world in the forecast period.
Segmental Analysis
The segmental review of the air compressor market has been conducted on the basis of technology,
end-use product, lubrication, and region.
On the basis of the products, the market for air compressors has been segmented into stationary
and portable.
On the basis of the technology types, the market for air compressors is segmented into
reciprocating, rotary, and centrifugal.
On the basis of lubrication, the air compressor market has been segmented into oil-free and oil-
filled. Based on the end-uses, the air compressor market has been segmented into the food &
beverage industry, semiconductors & electronics industry, oil & gas industry, home appliances,
energy industry, manufacturing industry, and healthcare industry.
On the basis of regions, the air compressor market is segmented into Europe, APAC, North
America, and the rest of the world.
Regional Analysis
The regional evaluation of the Air Compressor Market Trends covers regions such as Europe,
APAC, North America and the rest of the world. The air compressor market is projected to observe
outstanding growth in the forecast period. This is owing to the substantial growth in the operation
of air compressors in several end-use applications through key industries. The growth is,
principally, accredited to the mounting need for compression of air & gas, which is expected to
continue in the forecast years. The Asia Pacific region is responsible for the principal share of the
air compressor market in 2016, in which Japan, China, India, and other noticeable developing
economies countries have contributed a key share. However, the European region is likely to
appear as one of the noticeable markets for this technology owing to the placement of progressive
air compressor in the recently built home appliances.
Competitive Analysis