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.
Browse full research report on Oil Free Air Compressor
Market: 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
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia
Pacific
- China
- India
- Japan
- Latin
America
- Brazil
- Mexico
- Middle
East & Africa
Access press release of this research report by Grand
View Research: http://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.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
For more info: www.grandviewresearch.com
No comments:
Post a Comment