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Portable Air Compressor Market Current Analysis & Growth Forecast to 2024, Key Players: Quincy Compressor, Belaire Compressors, Atlas Copco, Gardner Denver

Portable air compressor market is largely driven by these exclusive features, which in turn is resulting in the industry growth.

 

Sellbyville, DE -- (SBWIRE) -- 06/07/2019 -- Global Market Insights recently introduced new report on global Portable Air Compressor market with an in-depth study providing complete analysis of the industry size, share and statistics for the period 2019 to 2023. It also provides complete overview of Portable Air Compressor industry considering all the major industry trends, market dynamics and competitive scenario.

One of the important problems faced by people across the world is that of the noise pollution. It affects both the health and behavior of a person. Loud and unwanted noise can damage mental health and can cause sleep disturbances, hearing loss, hypertension, tinnitus, high stress levels, and other harmful effects. The louder compressors are among the reciprocating types, which can emit noise of up to 85 decibels. The rotary screw compressors are generally quieter due to the sound-proof enclosures incorporated into the design and emits lesser noise. These factors may hinder the portable air compressor market demand in future years.

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Portable air compressor market is largely driven by these exclusive features, which in turn is resulting in the industry growth. These features also allow the machine to reach extremes in the mining, construction, and oil & drilling activities. Demand for portable air compressors will witness high growth in North America and Europe owing to the rising oil & gas exploration, construction, and infrastructural development activities.
Portable air compressor market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons & revenue in USD million from 2013 to 2024, for the following segments:

Portable Air Compressor Market, By Technology:
- Rotary
- Screw
- Scroll
- Others
- Reciprocating
- Centrifugal

Portable Air Compressor Market, By Lubrication:
- Oil free
- Oil filled

Portable Air Compressor Market, By Application:
- Building & construction
- Food & beverage
- Oil & gas
- Mining & quarrying
- Semiconductor & electronics
- Manufacturing
- Healthcare
- Others

Quarrying, mining, oil & gas, and construction activities need heavy duty machines with high power which results in the usage of oil-injected air compressors on a large scale. Food & beverages, healthcare, and other such end-user industries need superior quality and minimal level of contaminated air which leads to the oil-free portable air compressor demand.

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Considering applications, manufacturing segment holds the maximum share in the global portable air compressor market. The segment is said to comfortably surpass USD 4 billion by the end of 2024. Several federal law provisions intend to support manufacturing in the U.S. Increasing manufacturing activities in the U.S. coupled with governmental support will drive the market in the future.

Other minor end-user industries include water treatment, entertainment, agriculture, etc. Mexico oil-filled portable air compressor market is said to surpass USD 250 million by 2024 owing to huge manufacturing of refrigerators in the country.

The Portable Air Compressor market report offers detailed competitive landscape of the global market. It includes companies, industry statistics, market share analysis and product portfolio of the major industry participants. The report provides detailed segmentation of the Portable Air Compressor market based on product, technology, end user and region.

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With a fragmented market there are a large number of domestic and international players present in the portable air compressor market. Some of the companies include:
- Doosan Portable Power
- Kaeser Kompressoren
- Quincy Compressor
- Belaire Compressors
- Atlas Copco
- Elgi Compressors
- Gardner Denver
- Vanair Manufacturing
- Hubei Teweite Power
- Ingersoll-Rand
- Sullair
- Sullivan-Palatek
- Rolair Systems

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.