Industrial Air Compressor Market | Seite 3

Global Non-Volatile Memory Market Research Report: Forecast to 2023
Summary
An air compressor uses an electric motor, diesel or gasoline engine and others into potential energy which has to
be stored as pressurized air. Market Research Future (MRFR) has published a research report about the global
industrial air compressor market that determines advancement for this market at 5.63% CAGR (Compound Annual
Growth Rate) between 2016 and 2023.
The major factors driving the global industrial air compressor market growth include energy efficiency and easy
maintenance. Other factors contributing to the market growth include rising demand for energy efficient
compressors, rising industrialization, rising energy consumption, and global expansion of liquefaction facilities.
However, factors such as strict government regulations regarding emission of greenhouse gases and noise
pollution can restrain the market growth.
The global industrial air compressor market has been segmented on the basis of end-use, pressure, seal, type,
and lastly, region. Based on end-user, this market has been segmented into chemicals & petrochemicals, oil &
gas, manufacturing, and others. The oil & gas segment is likely to dominate the global market during the forecast
period due to rising investments for construction of gas liquefaction plants in the Asia Pacific region and North
America.
Market Segmentation
The pressure-based segmentation segments this market into up to 20 bar, 20-100 bar, above 100 bar. During the
forecast period, up to 20 bar segment is likely to hold the largest market share.
On the basis of the seal, the market has been segmented into oil-lubricated and oil-free. During the forecast period,
the oil-free segment is expected to dominate the market as these compressors are less expensive, lightweight, and
produce maximum airflow and pressure.
By type, the market has been segmented into dynamic displacement and positive displacement. During the forecast
period, the positive displacement is estimated to hold the largest share due to the rising demand for high output
pressure compressors.
Competitive Landscape
The key players in the global industrial air compressor industrial air compressor market include Atlas Copco
(Sweden), Danfoss (Denmark), Elliott Group Ltd. (USA), Gardner Denver (USA), GE Oil & Gas (USA), Hitachi Ltd
(Japan), Howden Group Ltd. (UK), Ingersoll-Rand PLC (Ireland), Kirloskar Pneumatics Co. Ltd. (India), Kobe Steel
Ltd. (Japan), Mitsubishi Heavy Industries, Ltd. (Japan), Sullair LLC (USA), and Sulzer AG (Switzerland).
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