Oil Free Air Compressor Market Impact On The Basis Of Product, Technology, Power Rating, Application, Region And Forecast To 2025

16/gen/2020 08:18:59 Grand View Research Contatta l'autore

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Oil Free Air Compressor Market

San Francisco, 16 January 2020: The Report Oil Free Air Compressor Market Size, Share & Trends Analysis Report By Product (Stationary, Portable), By Technology, By Power, By Application (Home Appliances, Manufacturing, Energy), And Segment Forecasts, 2019 – 2025

The global oil free air compressors market size is expected to reach USD 15.56 billion by 2025, registering a CAGR of 4.8% over the forecast period, according to a study conducted by Grand View Research, Inc. Low maintenance costs, retrofitting of existing systems, efficient operation at lower costs, and rising adoption of variable-speed compressors are some of the key factors driving the market over the forecast period. The products find application in several industries, such as petroleum, electrical power, chemical, and manufacturing. A gradual shift from the traditional manufacturing techniques to economical methods is a major trend in these industries, which helps boost demand for such compressors for optimal energy distribution purposes.

For instance, the government of China has announced strict regulations for environment fortification, which have ultimately increased the demand for energy-efficient products in the country. Oil-free products provide reliability and ease of operation owing to enhanced product performance. Therefore, they are widely used in the construction and mining activities. High transport mobility offered by these products is also projected to spur their demand across several end-use industries, such as oil & gas. Furthermore, involvement of less degradable parts coupled with low maintenance costs will fuel the global demand over the forecast period.

Access Research Report of Oil Free Air Compressor Market https://www.grandviewresearch.com/industry-analysis/oil-free-air-compressors-market

Further key findings from the study suggest:

  • The portable compressors captured the major market share in 2018 and will maintain the dominance in future on account of their high durability and light weight
  • Centrifugal products are expected to witness a rapid growth over the forecast period due to their ability to reduce carbon footprint by ensuring clean and uninterrupted air supply
  • Increasing adoption of compressors with a 2 to 55 kW power rating in the end-use industries is a key factor that positively affecting the growth of the segment over the forecast period
  • Manufacturing segment held more than 30% of the global share in 2018. However, the home appliances segment is anticipated to register the highest CAGR owing to higher product demand
  • Asia Pacific is expected to emerge as the largest and fastest-growing segment over the forecast period due to rising need to increase the power generation capacities
  • Key companies in the global oil free air compressors market include Gardner Denver, Atlas Copco, Ingersoll-Rand PLC, General Electric, and Bauer Group. Most of them are focusing on developing low-maintenance and eco-friendly products to maintain their industry position

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/hvac-and-construction-technologies

Grand View Research has segmented the global oil free air compressors market on the basis of product, technology, power rating, application, and region:

Oil Free Air Compressors Product Outlook (Revenue, USD Million, 2014 - 2025)

  • Stationary
  • Portable

Oil Free Air Compressors Technology Outlook (Revenue, USD Million, 2014 - 2025)

  • Reciprocating
  • Rotary/Screw
  • Centrifugal

Oil Free Air Compressors Power Rating Outlook (Revenue, USD Million, 2014 - 2025)

  • 2kW to 55kW
  • More than 55kW

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
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Access Press Release of Oil Free Air Compressor Market https://www.grandviewresearch.com/press-release/global-oil-free-air-compressors-market

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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

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