The global air compressor market is forecast to reach $29.8 billion by 2020, growing at a CAGR of 7.1% during the period 2014-2020. Stationary air compressors occupy the major share in the global air compressor market and would continue to lead the market through 2020. Rotary air compressor technology was and would be the highest revenue generating segment in 2013-2020. Based on the analysis, the centrifugal air compressor market would witness tremendous growth during the forecast period. Asia-Pacific region is currently the market leader and would maintain its position throughout the forecast period. The LAMEA region is expected to register the highest growth in the global air compressor market.

High energy efficiency, low maintenance cost, eco-friendly operations, portability, and ability to deliver variation in supplied pressure are some of the factors driving the air compressor market. On the other hand, some of the restraints associated with air compressor market are rising cost of raw material, noise pollution, contaminated compressed air, bulky size, and others. The air compressor manufacturers are now concentrating on eliminating these restraints by introducing new technologies and solutions such as Turbocor and Thermoacoustic compressors.Based on lubrication, the air compressors are segmented into oiled and oil-free compressors. Oiled compressor segment was the highest revenue-generating segment in 2013 and would continue to lead the market till 2020. The wide-scale application of oiled air compressors in heavy duty industries such as mining, automobile, petroleum, chemical, etc., is a major driving factor for the oiled air compressor market.

Based on the principle of operation and design the air compressor, market is broadly classified into three segments viz., reciprocating, rotary, and centrifugal air compressors. Rotary was the highest revenue-generating segment in 2013 and would continue to lead the market during the forecast period. The centrifugal air compressor segment is expected to exhibit the fastest growth based on its wide scale application, capability to deliver high and constant flow of air pressure along with its oil-free operations.

Based on mobility, the air compressor systems are segmented into stationary and portable machines. The stationary air compressors were the major revenue contributors in 2013 and would continue to drive the market through 2020 based on their wide-scale applications in heavy duty industry. Portable air compressors are largely used in construction, laboratory, pharmaceutical, and electronic industries.

Key findings of the study:

Rotary air compressors would continue to lead the market through 2020

The share of centrifugal air compressors would gradually increase over the years

By 2020, the use of oil-free air compressors would be as popular as the oiled compressors

Asia-Pacific and Europe would prove to be the most lucrative markets in terms of revenue; whereas, LAMEA market would grow substantially

Growing demand for energy efficient, noise and pollution free power sources would drive the global air compressor market

Related Published Reports:http://www.gosreports.com/global-centrifugal-air-compressor-industry-2016-market-research-report/

http://www.gosreports.com/global-centrifugal-air-compressor-industry-2015-market-research-report/

More related reports：http://www.gosreports.com/?s=+global+air+compressor+market

For any enquires before buying, connect with us @ [email protected]

About Gosreports：
Gos International Inc. is one of the leading distributors of market research reports in the world today. We host more than 40,000 research products from the world’s top publication houses.
Our web-based platform offers an unmatched collection of market research reports, company reviews, databooks, articles, periodical publications, databases, and much more, delivered by the successful and well-established publishers with whom we are currently in partnership.
Contacts Us
Joanna | Executive - International Business and partner Relations
E-mail: [email protected] | Tel: 001-510-400-8520
Web: www.gosreports.com