Oil Free Compressor Market Size, Share and Growth Analysis

Oil Free Compressor Market Analysis Size, Growth rate and Overview:

The Oil Free Compressor Market was valued at USD 1438 Million in 2017 and is expected to reach almost USD xx Million by the end of 2022, growing at a CAGR of around 7.13% over the predicted period.  

Oil-free compressors are positive displacement compressors that are propelled by a mechanical crank-shaft. The piston compressor reduces the volume of air by the piston’s movement in a narrowed planetary, where the air gets compressed. The oil free compressor market is combined, as the top ten players accounted for more than 70% share of the global market in 2016. In electronics and textile industry, oil compressors can lead to higher rejection rates that increase the production down time and results in higher operating cost.

Browse details of 108 number of pages research report developed on Oil Free Compressor Market Research Report @ https://www.researchcosmos.com/reports/world-oil-free-compressor-market-to-2022-global-analysis-and-forecasts/8286169  

Oil Free Compressor Market Key Drivers, Challenges, and Opportunities:

Oil free compressors are widely used in these industries, owing to availability of filter cartridges, rubber material, and desiccant materials for the superior efficiency and lower rejection rates. Moreover, their maintenance cost is also low due to their oil free operation. The food and beverage processing industries require clean and dry air. The air from compressor is first dried and filtered by dry nitrogen specifications, known as CDA. The specification for CDA may vary for different end user industries with respect to precipitation. However, all CDA systems are used for oil-free airs, which is further driving the demand of oil-free air compressors market in industrial application.

The oil free compressor market is driven by higher dependability, lower installation and maintenance cost. The government rules towards energy efficiency and environment protection are also expected to increase the market penetration of oil free compressors during the forecast period. The demand of superior air quality particularly in healthcare, textile, and food and beverage industry is expected to the drive the growth of the global market during 2016-2020. Despite intense competition among the oil free compressor manufacturing companies and their lack of product innovation, the market is expected to grow.

Ask Free Sample of the Report @ https://www.researchcosmos.com/request/world-oil-free-compressor-market-to-2022-global-analysis-and-forecasts/8286169  

Oil Free Compressor Market – Regional Presence:

The major markets for this business are North America, Asia Pacific, Europe and rest of the world. Asia-Pacific accounted for the largest market share. The growth of industries like food processing, electrical and electronics, and textile has boosted the demand of the market in Asia-Pacific. The increasing government regulation towards environment safety, along with growing awareness towards sustainability is expected to boost the market. North America is fuelled by the increasing industrial output, post economic slowdown. The US along with Canada is the major regional market in North America. The major players in this market are Gardner Denver and Atlas Copco that accounted for majority of revenue share in 2014.

Some of the Key Players Profiled in this Oil Free Compressor Market Report are:

Atlas Copco, Ingersoll Rand, Hitachi, Fusheng, Kobelco, Boge, Gardner Denver, MHI, Aerzen, Sullair, Mitsui, Wuxi, Nanjing, Hanbell

For any queries, inquire more @ https://www.researchcosmos.com/inquire/world-oil-free-compressor-market-to-2022-global-analysis-and-forecasts/8286169  

About Us:           

Research Cosmos is a provider of standard and customized Industry research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending Industry reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.

Contact:

Kevin Stewart
kevin@researchcosmos.com
Global Sales Manager
Research Cosmos
www.researchcosmos.com
+1 888 709 8757
https://marketreportsweb.com/
https://acutemarketinsights.com/