[KNOXFIELD, 12/03/2018] - The global air compressor market received a gross annual income of U$D 30.84 billion in 2016, which is projected to reach nearly U$D 38.79 billion by 2022. This projection was included in a report conducted by Zion Market Research, containing a comprehensive analysis and forecast of the market for the years 2016 to 2022. The findings suggest a compound annual growth rate of 3.9 percent between 2017 and 2022 for companies like Air Energy.
Drivers of the Air Compressor Market
Energy efficient air compressors; demands from manufacturing and oil and gas industries; and technological developments by air compressor manufacturers fuel the growth of the air compressor market.
Next generation compressed air systems with eco-friendly features and require low maintenance are predicted to support the shift from traditional equipment to modern technology.
Prices of raw materials used in the manufacture of air compressors are significantly increasing; this may decrease the air compressor market’s projected market revenue. Nevertheless, demand from industrial companies is expected to drive revenue in the analysis period.
Industrial Air Compressors and Receivers by Air Energy
Providers of air compressors will soon feel the impact of the market’s growth, and are already responding to the growing demand.
Air Energy, a Victoria-based supplier of industrial air compressors, carries a broad range of products sourced from highly esteemed brands, such as Atlas Copco, Sullair and Boge. This ensures the highest level of quality for all the air compressors they supply.
The company offers oil-free compressors designed for industrial applications where quality air is crucial for critical applications as in food and Beverage manufacturing. The oil-free technology has improved energy efficiency and minimises costly filter replacements. They also offer Screw compressors made for continuous duty, providing a steady source of compressed air.
About Air Energy
Established in 1993, Air Energy has been supplying a broad range of industrial pipework, pumps and compressed air equipment. The company draws from extensive industry knowledge enabling them to focus on providing personalised “best practice” solutions to their clients.
For more information, visit https://www.airenergy.com.au.