Power (Up to 15 kW, 16-75kW, 75-500kW, More than 500kW)
The 75-500kW segment is expected to account for roughly 40% of the industrial air compressor market by 2037. The growth of the segment can be attributed to the increasing application of industrial air compressors with power of 75kW to 500kW in several industries, including water and wastewater treatment plants, power generation, and the chemical industry. The rising need for residential and industrial wastewater treatment in the world is expected to drive the segment’s growth. According to the latest research conducted by scientists at Utrecht University and the United Nations University, around half of the world's wastewater is treated.
Product Type (Dynamic, Positive Displacement)
The positive displacement sector is predicted to account for around 60% of the market by 2037. The versatility of the positive displacement compressor is a significant factor in the growth of the segment. It can work in both oil-free and lubricated conditions. Moreover, it can be divided into rotary and reciprocation compressors at the same time. Furthermore, it is expected the segment will garner a huge investment that will further aid its growth. The positive displacement finds its application majorly in the construction industry, therefore rising constructional activities are to boost the segment’s expansion.
Our in-depth analysis of the global market includes the following segments:
Product Type |
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Lubrication |
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Technology |
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Power |
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Application |
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Author Credits: Richa Gupta
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