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Air compressors market growing at 4.02% CAGR by 2021 insights shared in detailed report

Air compressors market growing at 4.02% CAGR by 2021 insights shared in detailed report

Air Compressors Market a new research document covering detailed analysis, competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like Americas, APAC, EMEA and important players/vendors such as Atlas Copco, Ingersoll-Rand, Siemens, and KOBE STEEL. The report will help user gain market insights, future trends and growth prospects for forecast period of 2017-2021.

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Global Air Compressors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

Complete report on the Air Compressors Market Research Report spread across 70 pages, profiling 22 companies with table of content is now available at www.reportsnreports.com/contacts/d…aspx?name=1159497 .

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Other Prominent Vendors in the market are: BAUER COMPRESSORS, Belaire Compressor, Chicago Pneumatic, Deere & Company, Doosan Portable Power, Elgi Equipments, Frank Compressors, GENERAL ELECTRIC, Hitachi Industrial Equipment Systems, Kirloskar Pneumatic Company, MAN Diesel & Turbo, Manatec Electronics, MITSUBISHI HEAVY INDUSTRIES COMPRESSOR CORPORATION, Oasis Manufacturing, Quincy Compressor, Samvardhana Motherson Group,Sullair, and VMAC Global Technology.

The latest trend gaining momentum in the market is Mergers and acquisitions. Vendors in the air compressor market are facing stiff competition, and are gradually apprehending that alliances through mergers and acquisitions (M&A) is one way of expanding their product portfolios and tapping into the unexplored yet potential markets.

M&A activities offer a way for companies to reduce their research and development (R&D) expenses through the sharing of technology and increases the capability for innovation in an already mature technology market. It also helps the manufacturers to offer their customers a comprehensive, reliable, high-quality, and advanced technology based on parts and services.

According to the report, one of the major drivers for this market is Surge in HVAC replacements. The emphasis on bringing down the costs and improving energy efficiency has resulted in a surge in demand for HVAC replacements.

Moreover, favorable government incentives are adding impetus to the demand for HVAC replacements. The steady economic growth in the US has also influenced the replacement demand for HVAC systems.

It is expected that 50% of the growth in the US HVAC market will come from the replacement of these systems.

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Further, the report states that one of the major factors hindering the growth of this market is Fluctuations in raw material prices. The availability of raw materials, competition among vendors, and labor costs are the important factors that govern the production cost of air compressors.

Although the production costs in most of the developing nations of APAC such as China and India is much lower than in Europe, the volatility in raw material prices has an adverse impact on compressor manufacturers. Aluminum, steel, and castings are the key raw materials used in the production of compressors.

The prices of these raw materials fluctuate owing to inflationary pressure and their scarcity.

This report covers the present scenario and the growth prospects of the global air compressors market for 2017-2021. To calculate the market size, the report considers the new installations/shipments/sales/volume/value.

Compressors are devices that work on the mechanical principle of compressing air or gas in a sealed unit and delivering it at the desired pressure levels. Compressors can be categorized as gas compressors and air compressors.

The operation of a gas compressor is based on the principle of Boyle's Law, which enables the reduction of the volume of gas to increase its pressure. An air compressor is a distinct type of gas compressor.

It is a device that compresses and pressurizes air to convert power into kinetic energy.

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?           

What are the key market trends?                                               

What is driving this industry?                                  

What are the challenges to market growth?

Who are the key vendors in this industry space?       

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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