The portable oil-free air compressor market is expected to reach
USD 8.54 billion by 2022, according to a new study by Grand View Research, Inc.
Emergence of next-generation compressed air systems, which offer enhanced
reliability and energy-efficiency is expected to drive demand over the forecast
period.
Growing demand for oil-free air in purity
critical applications and focus on complying with environmental regulations is
estimated to fuel growth over the forecast period. Companies introducing smart
compressor solutions are projected to offer lucrative opportunities for
industry growth. Factors such as lower installation and maintenance cost are
expected to positively impact demand.
Increasing end-user demand for enhanced air
quality and reliability is projected to stimulate portable oil-free air
compressor market demand. However, increasing cost of raw material can act as a
challenge for the industry.
View
summary of this report @ http://www.grandviewresearch.com/industry-analysis/portable-oil-free-air-compressor-market-analysis
U.S. Portable oil-free air compressor market share by technology, 2012 – 2022 (USD Million)
Further key findings from the study
suggest:
- Rotary air compressor market accounted for over 45% of the overall revenue in 2014. They have increasingly gained popularity and are widely used in various industries. They are most generally used in sizes from about 30 hp to 200 hp. Additionally, these compressor have low initial cost and weight, compact size, and are easy to maintain.
- Manufacturing segment is estimated to exhibit substantial growth, at a CAGR of over 3.0% from 2015 to 2022. These products are critical across the manufacturing sector as they eliminate contamination in painting and surface preparation process, helping to ensure high-quality assembly. They avoid production stoppages and replacements caused due to sludge and oil hampering the robotic operation, and help manufacturers maintain high paint quality by preventing water-based paints to come in contact with the silicones found in oil.
- Europe portable oil-free air compressor market dominated global revenue in 2014, and is expected to grow at a CAGR of over 7% from 2015 to 2022. Increasing investments in Eastern Europe combined with volatile energy pricing and regulations is estimated to offer lucrative opportunities for the industry growth across this region.
- Portable oil-free air compressor market share is occupied by companies such as Atlas Copco, Ingersoll Rand, General Electric, Chicago Pneumatic, and Bauer Group. Large manufacturing companies use these products to supply large amount of moderate-pressure air to pneumatic tools.
Browse All Reports of
this category @ http://www.grandviewresearch.com/industry/hvac-and-construction-technologies
Grand
View Research has segmented the portable oil-free air compressor market on the
basis of technology, application and region:
Portable Oil-Free Air Compressor
Technology Outlook (Revenue, USD Million, 2012 – 2022)
- Reciprocating
- Rotary
- Centrifugal
Portable Oil-Free Air Compressor
Application Outlook (Revenue, USD Million, 2012 – 2022)
- Semiconductors & Electronics
- Food & Beverage
- Healthcare
- Home Appliances
- Energy
- Oil & Gas
- Manufacturing
Portable Oil-Free Air Compressor
Regional Outlook (Revenue, USD Million, 2012 – 2022)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
About Grand View
Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
Sherry
James
Corporate
Sales Specialist, U.S.A.
Grand
View Research, Inc.
United
States
Phone: 1-415-349-0058
Toll
Free: 1-888-202-9519
Email: sales@grandviewresearch.com
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