Published Date : Aug 28, 2017
ALBANY, New York, August 28, 2017 – The global air compressors market has been envisaged in a report added by MarketResearchReports.biz to bear a classification based on application, where key segments could be general manufacturing, life sciences, power generation, and oil and gas. Titled “Global Air Compressors Market Research Report 2017,” the report has foreseen another classification in terms of type, where centrifugal air compressors, screw air compressors, and reciprocating air compressors could be key segments. The market has been anticipated to receive a beneficial push in demand with the rising count of energy efficiency measures and directives. Furthermore, this trend could encourage product development of air compressors at a propelling rate.
The substantial demand for air compressors in a broad-based ambit of industries has been prognosticated to significantly up the growth of the market in the coming years. A variety of industrial end uses could engage air compressors. One of them could be the construction industry wherein air compressors could act as a source to power a number of machinery and tools employed. It has been forecasted that the price trend of the world air compressors market could be directly influenced by extortionate raw material prices.
The undeniable advantages of using air compressors, such as low maintenance and ease of handling, could enhance the demand for portable air compressors. The demand could grow further in the next few years with an optimistic outlook on regulatory measures and policies and elevating consumer awareness. The growth in the demand could be stimulated by the rising need of reliability and superior air quality. With a view to function in accordance with this trend, a massive count of businesses have been predicted to move their focus to manufacturing ecofriendly devices. This effort could continue with an emphasis on the reduction of maintenance requirements to motivate consumers to adopt more energy efficient substitutes to conventional products.
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Besides the usual applications of air compressors such as manufacturing and power generation, transport, cooling, boxing, and packing in the food processing industry could improve the demand in the market. The application of air compressors in the oil and gas industry has been prophesied to gain a strong impetus from the benefit of better service life. This could help to attenuate the possibility of potential shutdowns and sidestep exorbitant replacements. Air compressors could hold the capability to prevent oil contamination.
The authors of the report have geographically segregated the international air compressors market into India, Southeast Asia, Japan, China, Europe, and North America. The Asia market could rise on the back of opportunistic original equipment manufacturer (OEM) business, speedily growing fast-moving consumer goods (FMCG) and pharmaceutical sectors, and the rising count of infrastructure and construction undertakings.
Leading companies such as Sullair, Ingersoll Rand, and Atlas Copco have been studied in detail by the analysts.
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