Transparency Market Research Report Added "Air Compressor Market" to its database.
Albany, NY -- (SBWIRE) -- 03/26/2015 -- The global air compressors market manufactures machines/equipment that are capable of compressing air/gas, thereby elevating its pressure from an initial atmospheric pressure to a higher final pressure. Compressors act as a source of energy generated at the time of air/gas compression and are used in virtually every sector of many industries.
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Compressed air is typically used in control applications in several machines where it helps in controlling functions such as trigger, start, stop, or modulate and demodulate. Air compressors are used in any industry where air and gases are handled as a part of manufacturing processes. Key industries using compressed air include textile, automotive, foundries and forge shops, plastic processing, glass manufacturing, construction, chemicals, and pharmaceuticals.
Industries use compressed air so widely that it is quite often regarded as the fourth utility after water, electricity, and natural gas. In Europe, nearly 10% of all the electricity used for various industrial purposes is spent on producing compressed air.
Research and Development Activities to Develop Oil-free Air Compressors :
Compressed air plays a vital role in most modern manufacturing processes. Essentially, most products used today simply could not have been produced without compressed air. With so many applications being dependent on compressed air, it would be fair to say that necessity is the key driving force of the global air compressor market.
However, the market for air compressor has observed a noticeable thrust due to the invention of energy-efficient air compressors. Energy-efficient compressors, which are also widely available in portable models, are being increasingly adopted across industries.
A major area of concern for the global air compressor market is the factor of air contamination due to oils used as lubricants in traditional air compressors. Oil-free air compressors are also widely available and adopted in the market, but are plagued by concerns regarding their noisy operations.
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However, judging from the extensive research and development efforts being observed in the market, it is projected that this sector is likely to overcome these issues. Increased efforts from key players in these developmental areas will not only make the global air compressor market more sophisticated, but also lead to higher adoption from construction activities, especially in developing countries. Demand for air compressors could also increase from developed countries that are recovering from the global economic recession of 2009. A rejuvenated economic stability in these countries may lead to the revival of stalled infrastructure projects, thereby increasing the demand for air compressors.
Classification of Air Compressors
Air compressors can be classified in numerous ways. Based on mobility, air compressors can be stationary or portable. Based on technology, air compressors can be rotary vane, reciprocating, centrifugal, or screw. Based on the requirements of the application, air compressors can be air-cooled, water-cooled, single-stage or multistage, lubricated or non-lubricated, electric driven, or diesel engine driven. Based on the type of lubrication used, air compressors can be oil-based or oil free.
The key raw materials used for manufacturing air compressors are steel, aluminum, and castings. Key finished and semi-finished components used in air compressors include crankshafts, bearings, switches, rotors, gauges, and housings. The key capital equipment used for manufacturing air compressors include vertical boring machines, horizontal boring machines, CNC machines, 3D measuring units, radial drilling machines, dynamic balancing equipment, and ultrasonic cleaning equipment.
Some of the key businesses operating in the global air compressor market are Atlas Copco, Ingersoll Rand, Mitsubishi Heavy Industries, Sulzer Ltd., Ebara Corp., Elgi Equipment Ltd., KPCL, Kobe Steel, Sullair, and VMAC.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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