The global oilfree 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.
Full Research Report On oil free air compressors market
Analysis:
http://www.grandviewresearch.com/industry-analysis/oil-free-air-compressors-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 At: https://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
o
U.S.
o
Canada
·
Europe
o
UK
o
Germany
·
Asia Pacific
o
China
o
India
o
Japan
·
Latin America
o
Brazil
o
Mexico
·
Middle East & Africa
Access Full Press Release of this Report: 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.
For more information: www.grandviewresearch.com/
