Portable Air Compressor Market | Dynamics, Forecast, Analysis and Supply Demand 2026
Selbyville, Delaware, United States, September 10 2020 (Wiredrelease) Global Market Insights, Inc –:Driven by such factors, Global Market Insights, Inc., suggests that the portable air compressor market might reach USD 8 billion by the end of 2026. The portable air compressor market is set to record noteworthy growth on the basis of increasing usage of modern air compressors that deliver reliable and quality performance. Along with modern functionalities, industrial units are looking for energy efficient devices that provide lower cost of ownership.
Surge in production of home appliances and automobiles along with noteworthy developments in the manufacturing and construction sector could stimulate the demand for portable air compressors. Countries like Japan, the U.S., and India are launching supportive policies to expand their manufacturing sectors.
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Slated below are a few of the ongoing trends advancing portable air compressor market size:
Oil-free portable air compressors gaining traction –
Oil-free portable air compressors are mainly used in sectors like food & beverage, electronics, and healthcare, where the presence of oil particles in compressed air can lead to catastrophic events. Estimate says that the oil-free segment is expected to register more than 4.5% CAGR within the predicted timeframe.
These compressors play a pivotal role in electronics industries where cleanliness of semiconductors, ICs, and complex chips are the top-most priority. Oil contamination in automated instruments and control equipment like actuators, high precision sensors, relays, and thermostats can interrupt production activities and cause undesirable losses.
As a result, industry players are working on developing advanced compressors that can easily minimize such risks. Citing an instance, in October 2018, ELGi Equipments revealed its new range of oil-free air-compressors that come in 100 horsepower and 60 horsepower variants along with 8.8 and 7 Bar pressure options.
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Growing demand across Latin America –
Latin America is considered to be a lucrative ground for portable air compressor makers. In 2019, the regional market was worth more than USD 865 million. This growth can be attributed to rapid expansion activities across healthcare facilities that use portable air compressors for a broad variety of applications.
Some of these applications include supplying oxygen to patients, autoclaves and sterilizing, hospital headwalls, patient simulators, adjusting hospital beds and seats, chiropractic & physiotherapy tables, pumping of bandages, and air or vacuum aspirators.
Implementation of key business strategies –
Companies operating in the portable air compressor industry include Atlas Copco, Gardner Denver, Inc., Sullair, LLC, Kaeser Kompressoren SE, Rolair Systems, Ingersoll-Rand plc, Doosan Portable Power, and Sullivan-Palatek, Inc. These firms are emphasizing on developing new energy-efficient compressors that comply with major federal regulations. They are also looking to form strategic alliances by extending their product lineup. Back in December 2019, Doosan Bobcat released two new compressor variants built on Volvo Penta engines at EXCON 2019.
Table of contents for this research [email protected] https://www.gminsights.com/toc/detail/portable-air-compressor-market
Chapter 1. Methodology and Scope
1.1.1. Market definitions
1.1.2. Base estimations and assumptions
1.1.3. Forecast calculation parameters
18.104.22.168. COVID-19 impact parameters
1.2. Data Sources
22.214.171.124. Paid sources
126.96.36.199. Unpaid sources
Chapter 2. Executive Summary
2.1. Portable air compressors industry 3600 synopsis, 2016 – 2026
2.1.1. Business trends
2.1.2. Technology trends
2.1.3. Lubrication trends
2.1.4. Application trends
2.1.5. Regional trends
Chapter 3. Portable Air Compressor Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2016 – 2026
3.2.1. COVID-19 impact on industry landscape
3.3. Industry ecosystem analysis
3.3.1. Raw material analysis
3.3.2. Manufacturing trends
3.3.3. Profit margin
3.3.4. Distribution channel analysis
3.3.5. Vendor matrix
3.3.6. COVID-19 impact on supply chain
3.4. Regulatory landscape
3.5. Industry impact forces
3.5.1. Growth drivers
188.8.131.52. Proliferating growth in household appliances market
184.108.40.206. Surging automobile production
220.127.116.11. Technological advancements in portable air compressors
3.5.2. Industry pitfalls & challenges
18.104.22.168. Higher initial setup cost and maintenance cost
22.214.171.124. Stringent regulations for utilization of portable air compressors
3.6. Refrigerated warehouse capacity and market development index, by country
3.7. Import & export statistics of RAC compressors, 2017
3.8. Manufacturing capacity outlook
3.9. Technology landscape
3.10. Pricing analysis
3.10.1. Cost structure analysis
3.11. Innovation and sustainability
3.12. Growth potential analysis
3.13. Porter’s analysis
3.14. Competitive landscape, 2019
3.14.1. Company market share analysis, 2019
3.14.2. Key stake holders
3.14.3. Strategy dashboard
3.15. PESTEL analysis
3.16. COVID-19 impact on application sectors
3.16.1. Home appliances
3.16.2. Food & beverage
3.16.3. Oil & gas
3.16.5. Semiconductor & electronics
3.16.8. Mining & construction
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