Oil-Free Air Compressor Industry Overview
Portland, OR -- (SBWIRE) -- 08/04/2017 -- Oil-free air compressor delivers pure air while providing benefits such as high reliability, high energy efficiency, and noiseless operation over conventional air compressors. It reduces energy consumption and costs for maintenance. Manufacturers have made significant investment toward R&D for production of oil-free compressors that are environment friendly and have superior electronic control technology, and compact package. Advanced control and monitoring features are included in new oil-free air compressors to enhance efficiency and reliability and offer ease in use.
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Surge in demand for energy efficiency and adoption of portable air compressor fuel the global oil-free air compressor market. However, fluctuation in raw material prices are expected to hamper the market growth, whereas technological advancements and development of cost effective manufacturing techniques are expected to present opportunities for the future.
The global oil-free air compressor market is segmented on the basis of product, technology, application, and geography. By technology, the market incudes reciprocating, rotary, and centrifugal technology. Product segment is bifurcated into portable and stationary. Based on applications, the market is further categorized into oil & gas, home appliances, food & beverage, manufacturing, energy, semiconductors & electronics, and healthcare. Geographically, the market is divided into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
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Key industry players include Atlas Copco, Ingersoll Rand, GE, BelAire Compressors, Kaeser Compressors, Oasis Manufacturing, Sullair Corp., Tamturbo Oy, Bauer Group, and Kaishan Group. These key players have adopted collaborations, partnerships, new product launches, joint ventures, merger & acquisition, and expansion to gain a competitive edge in the global market.
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