Compressor Market Projected to Have a Stable Growth in Future

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The rising demand for energy efficient systems, rapid industrialization, and growing automotive industry in developing countries such as China and India some of the major factors pushing the compressor market growth.

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Compressor Market

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2 Compressor Market © PS Intelligence. All rights reserved Global Compressor market is expected to reach 45.7 billion by 2023. The rising demand for energy efficient systems rapid industrialization and growing automotive industry in developing countries such as China and India some of the major factors pushing the market growth. Based on compressor type the market is categorized into positive displacement and dynamic compressors. Positive displacement category held a larger market share in 2017. This is ascribed to its widespread adoption across small and medium scale industries. Request Sample Copy of Report: https://www.psmarketresearch.com/market- analysis/compressor-market/report-sample On the basis of application the compressor market is segmented into construction power industrial manufacturing HVAC-R chemical and cement oil and gas automotive food and beverage textile and others wherein ‘others’ include healthcare agriculture and research. APAC is expected to be the fastest growing market during the forecast period due to increasing government support in the region. Growing infrastructure development and rapid industrialization in countries such as India China and South Korea would support market growth in the forecast period. The dynamic compressor type is further segmented into centrifugal and axial compressors. APAC was the largest market for centrifugal compressors followed by Europe and North America in 2017. In APAC China registered highest number of sales for these compressors constituting a share of more than 60 in 2017. Read summary of report here: https://www.psmarketresearch.com/market- analysis/compressor-market/ Some of the major players in the global compressor market include Gardner Denver Inc. Ingersoll- Rand PLC Kaeser Compressors Inc. Ingersoll-Rand plc Mitsubishi Heavy Industries Ltd Atlas Copco AB

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3 Compressor Market © PS Intelligence. All rights reserved Kobe Steel Ltd. ANEST IWATA Corporation Zhe Jiang Hongwuhuan Machinery Co. Ltd MAHLE GmbH Sanden Holdings Corporation Valeo SA Hanson Systems Toyota Industries Corporation. Global Compressor Market Segmentation Market Segmentation by Type • Positive Displacement o Reciprocating ▪ In-line ▪ “V” shaped ▪ Tandem piston ▪ Single-acting ▪ Double-acting ▪ Diaphragm o Rotary ▪ Screw ▪ Vane ▪ Lobe and scroll • Dynamic o Centrifugal o Axial flow Market Segmentation by Lubrication Type • Oil-free • Oil-flooded Market Segmentation by Portability • Portable • Stationary

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4 Compressor Market © PS Intelligence. All rights reserved Kindly write to: enquirypsmarketresearch.com B-13 Sector – 2 Noida U.P. – 201301 INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 Disclaimer: PS Intelligence always keeps customers interest at the core while carrying out research activities. PS Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However the information in publications is subject to fluctuations as they are based on primary interviews of officials from various companies or organizations. PS Intelligence is not responsible for any incorrect data provided to us by the key industry players of the concerned domain. The information or analysis in PS Intelligence publications represents opinion based on research and should not be interpreted as statements of fact. The information in this report were believed to be correct at the time of publication but cannot be guaranteed. PS Intelligence does not endorse any product service or vendor depicted in its research publications. All intellectual property including trademarks and copyrights belong to their respective owners and may be protected by copyright. Under no circumstance may these be reproduced in any form without the prior written agreement of its owner. An order for market research report is intended for internal use of the company alone and not for disclosure to third parties or any publication in general. No service report or part thereof provided by PS Intelligence can be reproduced republished resold revealed distributed circulated or sublicensed in any medium or form now realized or hereafter become realized including and not limited to all forms of optical-based media magnetic electronic or digital without a written permission from PS Intelligence.

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