$15.2 Billion Oil Free Air Compressor Market Analysis By Product, By Technology, By Application And Segment Forecasts, 2014 - 2025 - Research and Markets
Research and Markets has announced the addition of the "Oil
Free Air Compressor Market Analysis By Product, By Technology, By
Application And Segment Forecasts, 2014 - 2025" report to their
offering.
The global oil free air compressors market is expected to reach USD 15.2
billion by 2025.
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.
Further key findings from the report suggest:
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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.
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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.
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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.
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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.
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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.
Key Topics Covered:
1 Methodology and Scope
2 Executive Summary
3 Oil Free Air Compressors: Market Variables, Trends & Scope
4 Oil Free Air Compressors: Product Estimates & Trend Analysis
5 Oil Free Air Compressors: Technology Estimates & Trend Analysis
6 Oil Free Air Compressors: Application Estimates & Trend Analysis
7 Market Categorization 5 Regional Estimates & Trend Analysis
8 Competitive Landscape
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Atlas Copco
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FS Elliot Co., LLC
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Hanwha Techwin
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Ingersoll Rand Plc
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Sullair LLC (Acquired by Accudyne Industries)
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Sundyne (Acquired by Accudyne Industries)
For more information about this report visit http://www.researchandmarkets.com/research/q8tps2/oil_free_air
View source version on businesswire.com: http://www.businesswire.com/news/home/20170119006030/en/
Copyright Business Wire 2017
Source: Business Wire
(January 19, 2017 - 1:46 PM EST)
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