Air Compressor is a device that converts power (usually from an electric motor, a diesel engine or a gasoline engine) into kinetic energy by compressing and pressurizing air. The energy in the compressed air can be stored while the air remains pressurized. The energy can be used for a variety of applications, usually by utilizing the kinetic energy of the air as it is depressurized.
The Asia-Pacific is estimated to lead the industrial air compressor market, in terms of growth rate as well as market size, from 2018 to 2023. High growth in the power generation, food and beverages and pharmaceuticals sectors and new and proactive policy reforms to support the growth of the manufacturing sector in India and China are key factors driving the market in this region. China is estimated to be the largest market globally, and is set to grow at promising CAGR from 2018 to 2023. India is expected to follow, registering the second-highest growth rate during the same period.
In 2019, the market size of Industrial Air Compressor is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Industrial Air Compressor.
This report studies the global market size of Industrial Air Compressor, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Industrial Air Compressor production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Market Segment by Product Type
Reciprocating Air Compressor
Screw air compressors
Centrifugal Air Compressor
Market Segment by Application
Petrochemical and chemical
Mining and Metallurgy
Key Regions split in this report: breakdown data for each region.
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Industrial Air Compressor status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Industrial Air Compressor manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Industrial Air Compressor are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025