According to Acumen Research and Consulting, the global Portable Air Compressor market is expected to grow at noteworthy CAGR around 3.7 % throughout the forecast period and reach around US$ 10 billion by 2026.
The market for portable air compressors is used in multiple sectors such as production, healthcare, construction and design, food and beverage, etc. In the coming years, the increased use of products due to mobility comforts will boost sector development. They are preferred wherever the working station location continually changes or even when more than one compressor is used. They also are used for overseas activities such as petroleum plants, building work, etc., where fixed types cannot be used.
The report provides analysis of global Portable Air Compressor market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.
Compressed air, regardless of its costs, is the most widely used type of energy. Compressors come in handy for various kinds of companies, from inflating pneumatics to mining. The word mobile differs from light weight convenient garage compressors to large wheel or utility-assembled compressors for mining and quarrying operations. This equipment is constructed in separate locations on a single site when compressed air is necessary. The weight of the mobile compressor, thanks to compact models and constructions saves energy expenses and increases the general efficiency of the devices. The long-term movement of mobile air compressor markets is driven by easy transport, effective power consumption and accessibility in distinct dimensions due to the growth of their systems for ease of use.
The efficiency of the compressor is one of the most important issues for any operation. Portable air compressors, due to their design and designs, require less maintenance and are lightweight as well. These machines use sophisticated and hassle-free processes, allowing them to work readily with low maintenance compressors. In the expected time period, increasing use of products in mining and quarry businesses will fuel the development of the mobile air compresor industry.
Strict restrictions on the effectiveness of compressors, noise, and emissions from exhaust can hinder the development of sector. The companies must comply with many governmental mandates and norms. This raises the price of products and reduces the producers ' margin. Standards relating to air quality provided in healthcare apps also lead to the incorporation of more treatment and purification machinery in a product. In the coming years, stricter rules by different organizations could hamper sector growth.
The market for portable air compressors is divided into rotating and reciprocal technologies. Some subsegments investigated in the study include the rotary screw, tube, vane and root blower. In 2018, rotating product kinds retained about 85% of the sector as a whole. In 2018, revenues from scroll scroll types surpassed 70 million USD and will expand by nearly 2 percent at CAGR.
The sort of rotor screw is often used to replace piston compressors where enormous volumes of high pressure air are required. In the coming years, therefore, the volume-based market for rotary screw products will grow rapidly. They are commonly used for the operation of high-power air instruments and for big industrial operations.
The two sections for the mobile lubrication air compressor industry are oil-free and oil-filled. The type of oil filled is heavier than the type without oil and requires regular control and maintenance. Higher stress and compatibility with heavy-duty apps are the main factors behind the company's high demands. Oil free kinds of products are lighter in weight and maintenance free without lubrication. The air quality is improved by nearly zero air contamination. Since the item is light weight and maintenance free, it is not suitable for industrial and commercial heavy-duty operations. In the mobile compressor industry, the segment will develop with a CAGR of over 4.5%.
The market for portable air compressors includes various machines in various dimensions, energy and weight. They can be found in different end-user sectors such as equipment for homes, food & beverages, petroleum and gas, power, half manufacturing and electronics, health, miners & buildings, municipalities, and more. The other sector includes domestic operations, agriculture, water treatment, leisure, and so on. Production applications are expected to have a considerable market share of the mobile air compressor system and will grow by more than 4% in the forecast era. With CAGR nearly 4.5% from 2019 to 2026, the section of Oil & Gas implementation is growing.
Asia Pacific is reported to have the largest growth rate of around five percent, from 2019 to 2026, due to powerful manufacturing and development operations in China. As a result of rapid development in China's automobile, oil & gas, construction and production industries, the Chinese market will see significant profits. In 2018 China generated sales of almost 1.5 billion and its CAGR projected development of more than 4.5%.
Due to noise and emission constraints and laws in the region, the European mobile air compressor industry is growing at a lower speed. The region led by Germany will have reasonable development as end-user sectors such as production, health care and construction are significantly present.
Due to higher spending on equipment for infrastructural growth and manufacturing, the Asia Pacific market is expected to grow during the greatest CAGR era. The new regulation situation and the growing knowledge about the use of environmentally friendly and sustainable products are also anticipated to be a important development for Latin America and the Middle East & Africa in the future. The adoption of these compressors in the Middle East area has been driven by the increased need to improve the energy capability to efficiently satisfy the increasing demographic requirement.
Global Portable Air Compressor Market, By Technology
Global Portable Air Compressor Market, By Lubrication
Global Portable Air Compressor Market, By Application
Global Portable Air Compressor Market, By Geography
The market research study on “Portable Air Compressor Market - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026” offers detailed insights on global Portable Air Compressor market segments with market dynamics and their impact. The report also covers basic technology development policies.
This study offers an assessment of the recent trends in sector in every sub segment from 2014 to 2026 and forecasts revenues and increase in volume on a worldwide, regional and national level. For this research, ARC has divided the worldwide report on mobile air compressors by technology, lubrication, implementation and area.
Key Players & Strategies
Some key market players are Hubei Teweite Power Technology Company, Mat Holdings, Atlas Copco, Kaeser Kompressoren, Doosan, Sullair, Ingersoll-Rand, Ciasons Industrial, Gardner Denver, Elgi, Rolair Systems, Quincy, Sullivan-Palatek, Vanair Manufacturing, and Belaire.
New product development and innovation is a shared approach taken by producers to achieve a competitive edge compared to other providers. For example, Atlas Copco lately launched a mobile electric compressor line that helps reduce power expenses by up to 50% and reduces fuel savings annually. These intelligently designed electric compressors protect low cost of ownership and enhanced environmental pathways.
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