The global oil
free air compressors market is expected to reach USD 15.2 billion by
2025, according to a new report by Grand View Research, Inc. Air compressors
are heavily used in manufacturing applications, for instance, oil-free air is
directly used in various locations as a power source for manufacturing
machines. A strong demand from the food & beverage sector, owing to the
mandatory health & safety requirements, is expected to drive the oil free
air compressors market growth over the forecast period.
Industries such as manufacturing are espousing
economical manufacturing methods so as to drive profitability. The surging
demand for these systems from operative energy dissemination solicitations due
to cost optimizing features is predicted to fuel the industry growth. Factors
such as lower installation and maintenance cost are expected to positively
elevate the industry growth.
View
summary of this report @ http://www.grandviewresearch.com/industry-analysis/oil-free-air-compressors-market
Further key findings from the report suggest:
- On account of benefits including light-weight and durability the portable oil free air compressors emerged as a dominant segment in 2015, a trend anticipated to continue towards the end of the forecast period.
- Centrifugal oil free air compressors segment is expected to witness rapid growth from 2016 to 2025, which is primarily ascribed to their ability to reduce carbon footprint ensuring clean and reliable air supply.
- The manufacturing sector captured the largest share in 2015; however, home appliances followed by oil & gas segment are anticipated to witness fastest growth owing to the criticality of these products, wherein even a droplet of oil result into the production equipment spoilage.
- Asia Pacific is expected to emerge as the fastest growing region with a CAGR exceeding 4.0% over the forecast period, mainly on account of rapid industrialization and expanding manufacturing sector.
- The market is fragmented in nature and the key purveyors comprise Atlas Copco, Ingersoll Rand, Gardner Denver, General Electric and Bauer Group among others, wherein mergers & acquisitions along with technologically advanced product development remain to be the key strategies adopted to gain competitive advantage.
Browse
more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/hvac-and-construction-technologies
Grand View Research has segmented the oil free air compressors market on the basis of product, technology, application and region:
Oil Free Air Compressors Product Outlook (Revenue, USD Million; 2014 - 2025)
·
Portable
·
Stationary
Oil Free Air Compressors Technology Outlook (Revenue, USD Million;
2014 - 2025)
·
Reciprocating
·
Rotary/Screw
·
Centrifugal
Oil Free Air Compressors Application Outlook (Revenue, USD Million;
2014 - 2025)
·
Manufacturing
·
Semiconductor & Electronics
·
Food & Beverage
·
Healthcare
·
Home Appliances
·
Energy
·
Oil & Gas
·
Others
Oil Free Air Compressors Regional Outlook (Revenue, USD Million;
2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
UK
o
Germany
·
Asia Pacific
o
China
o
India
o
Japan
·
Latin America
o
Brazil
o
Mexico
·
Middle East & Africa
For press release of this report - http://www.grandviewresearch.com/press-release/global-oil-free-air-compressors-market
No comments:
Post a Comment