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Global Industrial Air Compressors Market – by Product Type, Seal Type, Industry, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2018 - 2025)

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Global Industrial Air Compressors Market – by Product Type, Seal Type, Industry, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2018 - 2025)

Publisher Markgene Pages 104 Format PDF
Publish Date February, 2019 Report ID MAMR52143003

An air compressor is a device that converts power by using an electric motor, diesel or gasoline engine and others into potential energy and stores in pressurized air. Compressed air is an accessible means of powering the manufacturing environment in several industries because it is considered cheaper and safer than many electric and hydraulic equipment. The global industrial air compressors market is forecasted to reach 43.33 billion USD by 2025 from 28.74 billion USD in 2018 with a CAGR of 6.04% during the period

Growth by Region

Asia Pacific will have highest growth rate due to high growth in power generation, manufacturing and food & beverages industries. In the Middle East & Africa region, South Africa will contribute to the market due to rapid industrialization.

Drivers vs Constraints

Rapid industrialization and rising demand for energy conservation are the key factors for the growth of the market. Increasing demand from automotive manufacturing sector for air compressors is also driving the market.

Industry Trends and Updates

Siemens AG to supply compression trains for Statoil’s floating production, storage and offloading (FPSO) vessel located in the Johan Castberg oil field in the Barents Sea.

Atlas Copco Group acquires Walker Filtration Ltd., a British manufacturer of equipment for the treatment of compressed air, gas, and vacuum.

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Regional analysis
Segmentation analysis
Industry outlook
Competitive landscape
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