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China Air Compressor Market value estimated to soar higher during 2019 – 2025

Author : Rahul Varpe | Published Date : 2019-10-08 

China Air Compressor Market report provides a comprehensive landscape of the industry, accurate market estimates and forecast split by product, application, region and end-use. All quantitative information is covered on a regional as well as country basis. The report provides valuable strategic insights on the China Air Compressor industry, analyzing in detail industry impact forces including growth drivers, pitfalls and regulation evolution. The report also includes a detailed outlook on the China Air Compressor Market competitive environment, diving into the industry position of each major company along with the strategic landscape.

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Air compressors mainly consist of piston and screw types. Screw air compressor market was valued USD 2.5 billion in 2014 and expected to exceed USD 3.5 billion by 2023. These compressors are adaptive towards compressor development and are likely to replace the latter in numerous applications. This can be primarily attributed to several advantages offered such as low energy consumption, high reliability and low noise.

Increasing acceptance of remote sensing technology in order to monitor and evaluate performance is likely to contribute to demand growth from 2016 to 2023. Strong demand from application segments such as food & beverage is likely to gain significant industry revenue. This can be attributed to mandates on health and food safety requirements which is anticipated to propel China air compressor market growth over the forecast period. Low maintenance, efficient operation at low cost, growing adoption of variable speed systems and retrofitting of existing systems are some other factors driving growth across chief end use industries.

China air compressor market share has applications in mining, power, metallurgy, machinery manufacturing, electronics, food, pharmaceuticals, petrochemicals, and textile & light industries. The industry is currently moving towards structural adjustments. The regions stable economy coupled with expansion of the equipment manufacturing sectors is likely to surge the demand growth over the forecast period.

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Major players in the China air compressor market share include Zen Air Tech, VMAC Company, Vanair, Sullair, Rolair Systems, Parker, Oasis Manufacturing, MAT Industries, Kaeser Compressors, Ingersoll Rand, Hoerbiger, Hitachi Industrial Equipment, Heyner, Grainger Company, GE Energy, Gast Manufacturing, Gardner Denver, Galaxy Auto Service Equipment, Frank Technologies, CPI, Cook Compression, BelAire Compressors, Bauer Group, Atlas Copco and AireTex Compressors among others.

The data in China Air Compressor Market research is collated via multiple channels including but not limited to primary and secondary sources, databases, business specific references and others.  The study aims to offer not only commercial data but also includes analysis of important factors, technical as well as market-oriented insights. Players in the China Air Compressor market including established companies, new entrants and everyone in between this industry chain covering suppliers, experts, manufacturers, service providers, traders, distributors, consumers / clients and others may find value in this research.

Related News: https://www.marketwatch.com/press-release/absorption-chiller-market-2019-global-industry-growth-analysis-revenue-forecast-to-2025-2019-10-07

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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