Technology (Rotary, Reciprocating, Centrifugal)
The rotatory technology is estimated to gain a robust revenue share of 61% in the coming years owing to high-pressure ratios, high efficiency, and better control of flow and pressure. Moreover, rotary compressors used in the process industry use electric motor drivers. Compressors used in portable service use internal combustion engines. The use of rotary positive displacement compressors provides various advantages such as longer running time, lower maintenance and service costs, and lower energy consumption. This will allow for greater efficiency in the use of the available energy resources, leading to lower greenhouse gas emissions, as well as lower costs and improved competitiveness. Moreover, this allows for the production and availability of compressors with a wide range of configurations, sizes, and specifications, offering a greater choice for consumers. This can enable the selection of compressors as per the specific application and requirements, leading to more effective and efficient use of the system.
Lubrication (Oil free, Oil filled)
The oil-free segment is set to garner a notable share shortly and is likely to remain the second largest segment in the lubrication of the as the absence of oil and the use of dry powder lubrication can improve overall efficiency, reducing energy consumption and running costs. The use of dry powder lubricant does not require regular servicing and maintenance, reducing the downtime and costs associated with maintenance. Moreover, the oil-free design is a more eco-friendly and sustainable approach, as it reduces the use of oils or lubricants and decreases the risk of oil leakage or spills that can impact the environment.
End-users (Manufacturing industry, Home appliances, Food & beverage industry, Oil & gas industry, Energy industry, Semiconductors & electronics industry, Healthcare industry)
The manufacturing industry segment is estimated to hold a noteworthy share in the process of fabricating and assembling vehicles and their various parts to produce cars, trucks, buses, and other vehicles. Furthermore, in the electronics and appliance sector include assembly and welding operations, cleaning and drying components, and cooling process operations. The growing demand for electronic devices and appliances, such as mobile phones, refrigerators, and washing machines, contributes to the growth of air compressor market in this sector.
Our in-depth analysis of the global market includes the following segments:
Technology |
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Lubrication |
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End-users |
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Author Credits: Richa Gupta
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