Industrial Air Compressor Market – Global Forecast to 2021


Posted January 16, 2017 by annyang

"Industrial Air Compressor Market – Global Forecast to 2021"  is a professional and in-depth study.

 
MRRS adds "Industrial Air Compressor Market – Global Forecast to 2021" latest studies,published in December 2016. It is a professional and in-depth study.

The industrial air compressor market is projected to reach USD 34.87 billion by 2021, growing at a CAGR of 6.3% from 2016 to 2021. Industrial air compressors are used to increase pressure by converting power into potential energy, which is stored in pressurized air. This pressurized air is used to power pneumatic tools, to compress gas for transport, cutting & welding, packaging, cooling, and freezing, among others. Rapid industrialization in emerging economies, investments to improve cross border oil & gas pipeline networks, and increasing awareness about energy saving and efficiency are expected to drive the industrial air compressor market. Declining LNG imports in the U.S., Japan, and South Korea is a restraining factor for industrial compressors.

Positive displacement compressors are further segmented in to reciprocating and rotary type compressors. Reciprocating compressors are among the oldest compressor technologies and are still being used in medium to large scale industries. These compressors come in all pressure ranges but are preferred for applications that require high pressure, due to high maintenance cost. Rotary compressors on the other hand have a limited pressure range and are used for a variety of applications in industries such as food & beverages, chemicals, textile, and power generation, among others. Due to versatility in application, the positive displacement compressor market is expected to have higher growth in the market.

Figure And Tables

TABLE 1 FLOOR MOUNTED GEARLESS SCREW COMPRESSORS (APPROX. PRICE) 40
TABLE 2 VARIABLE SPEED DIRECT GEARLESS DRIVE SCREW COMPRESSORS
 (APPROX. PRICE) 42
TABLE 3 INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY PRODUCT TYPE, 
2014–2021 (USD MILLION) 53
TABLE 4 POSITIVE DISPLACEMENT: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION) 54
TABLE 5 POSITIVE DISPLACEMENT: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, 
BY REGION, 2014–2021 (USD MILLION) 54
 ...

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Last Updated January 16, 2017