China air compressor market share can be segmented on the basis of lubrications which include oil filled and oil free. The industry can be further bifurcated by technologies into centrifugal, reciprocating and rotary.. By products, the industry can be divided into stationary and portable. Moreover, the industry is segregated on the basis of applications which include manufacturing, oil & gas, energy, home appliances, food & beverage, healthcare and semiconductors & electronics. —
China air compressor market size was valued over USD 3 billion in 2015 and is likely to reach around USD 9 billion by 2023, at a CAGR of over 7.5%. This can be attributed to continuous growth of economic scale coupled with rising demand on quantity and variety of air compressors in the region. This is anticipated to drive the industry demand over the coming few years.
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China air compressor market size can be segregated across three levels. The first level is multinational enterprises, which include by Ingersoll Rand, Sullair, Fusheng Group and Atlas Copco. These players posses strong independent design and R&D capabilities and are foremost high end screw air compressors. The second level is superior enterprises with major e-design capabilities, high manufacturing and processing level including, Shanghai Hanbell Precise Machinery, Ningbo Baosi Energy Equipment and Zhejiang Kaishan Compressor.
Air compressors mainly consist of piston and screw types. Screw air compressor market was valued USD 2.5 billion in 2014 and expected to exceed USD 3.5 billion by 2023. These compressors are adaptive towards compressor development and are likely to replace the latter in numerous applications. This can be primarily attributed to several advantages offered such as low energy consumption, high reliability and low noise.
The China Air Compressor Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. China Air Compressor Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2019 - 2025
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2019
3.11. PESTEL analysis
3.14. Regional price trends
4. China Air Compressor Product Insights
5. China Air Compressor Application Insights
6. China Air Compressor Regional Insights
7. Competitor Profiles
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Next-generation compressed air systems market with an eco-friendly stance will encourage end-users to adopt the novel technology in the region. Oil free systems with increased capacitive ability can provide better efficiency. Easy installation and maintenance can entice end users. The above mentioned factors are surging the industry demand in the region. Single phase and dual phase compressed air systems have been adopted by oil & gas and home appliance industries. By eliminating supplementary devices in its installation, these industries are anticipated to earn profits by saving significant costs. However, the volatility in prices of raw materials is likely to pose a challenge for the industry growth.
Reasons to Buy This Report:
1. China Air Compressor Market size & share forecast by product & application 2019-2025
2. Growth drivers, pitfalls & industry challenges
3. Key Solution China Air Compressor Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles
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China air compressor market share has applications in mining, power, metallurgy, machinery manufacturing, electronics, food, pharmaceuticals, petrochemicals, and textile & light industries. The industry is currently moving towards structural adjustments. The regions stable economy coupled with expansion of the equipment manufacturing sectors is likely to surge the demand growth over the forecast period.
Major players in the China air compressor market share include Zen Air Tech, VMAC Company, Vanair, Sullair, Rolair Systems, Parker, Oasis Manufacturing, MAT Industries, Kaeser Compressors, Ingersoll Rand, Hoerbiger, Hitachi Industrial Equipment, Heyner, Grainger Company, GE Energy, Gast Manufacturing, Gardner Denver, Galaxy Auto Service Equipment, Frank Technologies, CPI, Cook Compression, BelAire Compressors, Bauer Group, Atlas Copco and AireTex Compressors among others.
Name: Arun Hegde
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Organization: Global Market Insights
Release ID: 524161