The report "Industrial Air Compressor Market by Type (Positive Displacement & Dynamic), Maximum Pressure (0–20 bar, 20–100 bar & above), Output Power (0–50 kW, 50–250 kW, 250–500 kW & above), Seal (Oil immersed & Oil free), End-Use - Global Forecast to 2021", The industrial air compressor market is projected to grow from an estimated USD 25.71 Billion in 2016 to USD 34.87 Billion by 2021, at a CAGR of 6.3%. Expansion of liquefaction and regasification facilities across globe, rising demand for energy efficient compressors, and rapid industrialization in emerging economies are the key driving factors for industrial air compressors.

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Scope of the Report:

• By Product Type
  • Positive Displacement
  • Dynamic
• By Seal Type
  • Oil-Immersed
  • Oil Free
• By Maximum Pressure
  • 0-20 Bar
  • 20-100 Bar
  • Above 100 Bar
• By Output Power
  • 0-50 kW
  • 50-250 kW
  • 250-500 kW
  • Above 500 kW
• By End-User
  • Manufacturing
  • Power Generation
  • Oil & Gas
  • Food & Beverages
  • Chemicals & Petrochemicals
  • Others

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Asia-Pacific industrial air compressor market to witness the highest growth from 2016 to 2021

The report covers five major regions namely, Asia-Pacific, Europe, the Middle East and Africa, North America, and South America. The Asia-Pacific region is expected to witness high growth in the power generation, manufacturing, and food & beverages industries from 2016 to 2021. Moreover, new policies for improved product quality by ISO (International Standardization Organization) are likely to boost demand for air compressors.

The report also provides an in-depth analysis of the competitive landscape, along with profiles of leading industrial air compressor market players such as Atlas Copco AB (Sweden), Mitsubishi Heavy Industries, Ltd. (Japan), Ingersoll-Rand plc (Ireland), Hitachi Ltd (Japan), and MAN SE (Germany). Key players are trying to penetrate emerging markets, and are adopting various strategies such as contracts and agreements, expansions, mergers & acquisitions, and new product launches to increase their market share.