Stationary air compressor market 2019-2024, key industry players insights & growth forecast

Stationary air compressor market report provides a comprehensive landscape of the industry, accurate market estimates and forecast split by lubrication, technology, application, region. All quantitative information is covered on a regional as well as country basis. The report provides valuable strategic insights on the Stationary air compressor industry, analyzing in detail industry impact forces including growth drivers, pitfalls and regulation evolution. The report also includes a detailed outlook on the Stationary air compressor market competitive environment, diving into the industry position of each major company along with the strategic landscape.

Stationary Air Compressor market will surpass USD 30 billion by 2024. Increasing demand for household refrigerators and air conditioners will be a major growth enabler for the stationary air compressor market as the product is an integral part of these household appliances. Home appliances demand has been increasing at a fast rate, mostly in emerging economies of Asia Pacific and Latin America.

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Global automotive industry growth will also positively impact the stationary air compressor market development till 2024. Increasing vehicle production in the Asia Pacific region will boost stationary air compressor?s demand as they an integral part of every car air conditioner. The product is also used to power air brakes of heavy duty automobiles as well as commercial vehicles. Asia Pacific accounted for more than 50% of the worldwide production of automotive in 2016. Automotive production rates have been rising in several countries of Asia Pacific such as India, China, Vietnam, etc. These factors will result in increased product demand in the Asia Pacific region for use in automotive manufacturing and will augment the stationary air compressor market development during the study period.

Major points presented and analyzed in the study include multiple segmentation coverage (one or more/all) as listed below:

• Stationary air compressor Industry Landscape
  • Growth drivers
  • Pitfalls & challenges
  • Regional regulatory scenario
  • Regional pricing tresnds
  • Cost structure analysis
  • Industry ecosystem
  • Competitive landscape
    • Company profiles
    • Supplier information
  • Stationary air compressor market, By Product (Estimates & Forecast to 2024)
  • Stationary air compressor market, By Application (Estimates & Forecast to 2024)

Food & beverage is a key application segment in the stationary air compressor market which is likely to grow by a CAGR of around 3% in the forecast period. Mostly the oil-free types are employed in this industry as they lower the chances of food contamination.

A detailed analysis of the Stationary air compressor market is entailed in this research report. The driving forces responsible for propelling the growth graph of this vertical in addition to the regional and competitive trends are mentioned in the study. A comprehensive document comprising details about vital parameters such as the industry ecosystem analysis, market segmentation, and the vendor matrix, the Stationary air compressor market report also contains information on the pivotal industry insights for core players.  

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North America will be an important region in stationary air compressor market owing to the rise in oil & gas exploration in the region. A mature manufacturing sector in the U.S. will also be a major growth enabler for the regional industry. The North America stationary air compressor market revenue exceeded USD 2.5 billion in 2017 and will grow by a stable rate during the study period.

Some of the major stationary air compressor market participants include Atlas Copco, Ingersoll-Rand, Kaeser, Rolair Systems, Gardner Denver, Bauer Compressor, Sullivan-Palatek, etc. The industry is also characterized by the presence of several medium-scale manufacturers spread across the globe.

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