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SAN FRANCISCO , Sept. 24, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Oil Free Air Compressors - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE Edition: 7; Released: April 2021 Executive Pool: 773 Companies: 42 - Players covered include Amfos International; Anest Iwata Motherson Pvt. Ltd.; Atlas Copco Ltd.; Bambi Air Compressors Ltd.; Dolphin I.P.A GmbH; EKOM SPOL. S R.O.; FS-Elliott; Gajjar Compressor Pvt. Ltd.; Hitachi Industrial Equipment Systems Co. Ltd.; Ingersoll-Rand plc; JUN-AIR / Gast Manufacturing, Inc.; Maruti Air Compressor; RIX Industries; Sullair LLC; Sundyne Company; Suzhou Junwei Medical Equipment Co. Ltd. and Others. Coverage: All major geographies and key segments Segments: Product Type (Portable, Stationary); Technology (Rotary / Screw, Reciprocating, Centrifugal); Power Rating (2-55 kW, Above 55 kW); Application (Manufacturing, Oil & Gas, Energy, Food & Beverage, Home Appliances, Semiconductor & Electronics, Other Applications) Geographies: World; United States ; Canada ; Japan ; China ; Europe (France ; Germany ; Italy ; United Kingdom ; Spain ; Russia ; and Rest of Europe ); Asia-Pacific (Australia ; India ; South Korea ; and Rest of Asia-Pacific ); Latin America (Argentina ; Brazil ; Mexico ; and Rest of Latin America ); Middle East (Iran ; Israel ; Saudi Arabia ; United Arab Emirates ; and Rest of Middle East ); and Africa .
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Global Oil Free Air Compressors Market to Reach $15.6 Billion by 2026 Amid the COVID-19 crisis, the global market for Oil Free Air Compressors estimated at US$11.9 Billion in the year 2020, is projected to reach a revised size of US$15.6 Billion by 2026, growing at a CAGR of 4.6% over the analysis period. Portable, one of the segments analyzed in the report, is projected to record a 4.4% CAGR and reach US$10.6 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Stationary segment is readjusted to a revised 5.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3.3 Billion in 2021, While China is Forecast to Reach $3.2 Billion by 2026 The Oil Free Air Compressors market in the U.S. is estimated at US$3.3 Billion in the year 2021. China , the world`s second largest economy, is forecast to reach a projected market size of US$3.2 Billion by the year 2026 trailing a CAGR of 7.5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada , each forecast to grow at 2.6% and 3.7% respectively over the analysis period. Within Europe , Germany is forecast to grow at approximately 3.3% CAGR. More
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About Global Industry Analysts, Inc. & StrategyR™ Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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