Market World Air Compressor Market | Página 3

In 2013, Atlas Copco re-launched their SF series of oil free compressors, which have increased adoption among the end users and OEMs. In 2015, Ingersoll Rand acquired Cameron’s centrifugal compression division to widen its air compressor service portfolio and strengthen its position in the market. Leading players in the market are expanding their geographical presence with the focus on the Asia Pacific region. They are investing heavily in order to innovate and improve the existing technology with an aim to expand their customer base. Other players such as EBARA and ELGI also started to provide products at low prices, thus intensifying competition. Owing to low production cost in Asian countries, manufacturers are investing in economies such as India and China. Increasing demand in emerging economies are proving new growth opportunities to introduce new products in the market. Other prominent vendors in this market include Chicago Pneumatic, Wuxi compressor, Siemens, Fusheng, Hitachi, General Electronics, Kaishan, Gardner Denver, Shanghai Feihe industrial group, Dresser rand, Yujin and Bauer Group. Market Segments Air Compressor Product Outlook (Revenue, USD Million, 2012 - 2022) • Stationary • Portable Air Compressor Technology Outlook (Volume, Million Units & Revenue, USD Million; 2012 - 2022) • Reciprocating • Rotary • Centrifugal Air Compressor Lubrication Outlook (Revenue, USD Million, 2012 - 2022) • Oil filled • Oil free Air Compressor Application Outlook (Revenue, USD Million, 2012 - 2022) • Semiconductors & Electronics • Food & Beverage • Healthcare • Home Appliances • Energy • Oil & Gas