Market Research Report
Air Compressor Market Size By Product, Technology, Lubrication, Application, Mining & Construction, Transportation), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020-2026
|Published by||Global Market Insights Inc.||Product code||569738|
|Published||Content info||326 Pages
Delivery time: 2-3 business days
|Air Compressor Market Size By Product, Technology, Lubrication, Application, Mining & Construction, Transportation), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020-2026|
|Published: April 9, 2020||Content info: 326 Pages||
Air Compressor Market Size By Product (Portable, Stationary), By Technology (Rotary [Screw, Scroll], Reciprocating, Centrifugal), By Lubrication (Oil Free, Oil Filled), By Application (Home Appliances, Food & Beverage, Oil & Gas, Energy, Commercial, Manufacturing, Healthcare [Medical, Dental]), Mining & Construction, Transportation), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026.
The global air compressors market is anticipated to register considerable growth over the forthcoming time period owing to the rising product demand across a plethora of high-revenue industry verticals. Air compressors are devices that are used to boost the pressure across a number of compressible fluids, or even gases, the most prominent of these being normal air.
Compressors are extensively used across several industries to deliver shop or instrument air that powers paint sprayers, air tools, as well as abrasive blast equipment. The compressors are also used to phase shift the refrigerants that are used in refrigeration and air conditioning; to push gas through the pipelines.
Similar to pumps, compressors are also divided in terms of centrifugal as well as positive-displacement. However, while the pumps are majorly represented using centrifugal varieties, air compressors are typically of the positive-displacement kind.
Compressors can range in terms of size, starting from one that can fit in a car glovebox to the giant turbocompressor or reciprocating machines that are usually used in pipeline service. The positive-displacement type compressors can further be bifurcated into rotary types; including the rotary vane and helical screw, and reciprocating types; where the style of the piston predominates.
Air compressors might be further characterized in a number of different ways; however, they are typically classified into types that are based upon the functional method that is used to produce compressed gas or air.
The global air compressors market is classified in terms of technology, lubrication, end-user, and regional landscape.
Based on product, the market is bifurcated into portable air compressors and stationary air compressors. Portable air compressors are extensively used in building as well as construction projects across the globe. These compressors supply compressed air to power different types of heavy tools in the industry.
Based on technology, the market is bifurcated into rotary, reciprocating centrifugal, and others. The rotary segment is further bifurcated into screw and scroll. Among these, the rotary screw air compressors is projected to witness growth of 3.7% from 2020 to 2026.
Considering the end-user segment, the industry landscape is divided into housing appliances, food & beverage, oil & gas, energy, commercial, manufacturing, healthcare, mining & construction, transportation, and others.
Among these, the commercial segment accounted for over 15% volume share in 2019. Indispensable use of compressors for cooling applications in shopping malls, and workplaces, among others is projected to drive segment growth by 2026.
From a regional reference frame, the Middle East and Africa air compressors market is anticipated to register appreciative growth over the projected timeframe. In fact, the MEA industry is slated to witness gains of 4.7% CAGR from 2020 to 2026.