China Air Compressors Market Trends, Growth and Forecasts to 2024

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China Air Compressors Market Analysis, Size, Share, Growth,
Industry Trends and Forecast to 2024 | Hexa Research
" The China Air Compressors Market is expected to
reach nearly USD 9.6 billion by 2024. It can register a
CAGR over 7.5 % by 2024."
The china air compressors market size is projected to reach over USD 9.6 billion by 2024. It could register a
CAGR surpassing 7.5 % during the forecast period (from 2016 to 2024). Robust growth of economic scale and
the surging demand for different types of air compressor systems in this region can drive the market in the
forthcoming years.
In terms of size, the China market for air compressors can be categorized into three levels. The first one is
‘multinational enterprises’ which includes players, such as Sullair LLC, Ingersoll Rand PLC, Atlas Copco
Compressor AB, and Fusheng Group Co. Ltd. These companies exhibit strong capabili ties in design and
research & development. They specialize mainly in premium screw air compressor systems. The second level
includes enterprises with major e-design capacities and high processing & manufacturing. Companies under
the second level comprise Shanghai Hanbell Precise Machinery Co. Ltd. and Ningbo Baosi Energy Equipment
and Zhejiang Kaishan Compressor.
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Air compressor systems are of two types, namely screw and piston. The market for screw air compressors
stood at USD 2.5 billion in 2014. It could surpass USD 3 billion by 2024. Greater adoption of remote sensin g
technology for evaluating & monitoring performance can contribute to favorable growth. Strong demand
from food & beverages may add considerably to the overall market revenues during the forecast period.
Regulatory norms pertaining to food & health safety can propel the China air compressors market in the near
future. Other factors boosting demand from end-use industries are widespread adoption of variable speed
systems, efficient operation at lower costs, lesser maintenance, and retrofitting of the existi ng systems.
The next-generation air compressor systems market with an eco-friendly edge may promote the use of the
new technology. Oil-free air compressors with enhanced capacitive ability offer better efficiency. Qualities
such as easy maintenance & installation can attract end-users. All these factors are likely to boost industry
demand in this region.
Single & dual phase air compressors are primarily used by industries, such as home appliance and gas & oil.
The need for supplementary devices in product installation gets eliminated. Owing to this, the
aforementioned industries could generate higher profits because of greater cost cuts. Volatile prices of raw
materials could hinder industry growth during the forecast period.
The China air compressors market has various applications in power, mining, metallurgy, electronics,
machinery manufacturing, and pharmaceuticals. Others include textile & light industries, food, and
petrochemicals. Stable economic conditions in the region and the expanding equipment production sectors
may fuel demand during the forecast period.
On the basis of lubrications, the market can be categorized as oil-filled and oil-free. Centrifugal, rotary, and
reciprocating are the three main technologies used in this market. Based on pro ducts, the industry is
segmented into portable and stationary. As per applications, the various segments are oil & gas,
manufacturing, home appliances, energy, healthcare, and food & beverages. Major companies operating in
the China air compressors market are Hoerbiger Holding A. G.; M. A. T. Industries Inc.; Zen Air Tech Pvt. Ltd.;
Galaxy Auto Service Equipment Co. Ltd.; and W. W. Grainger Inc .
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Table of Content of China Air Compressors Market
Table of Contents
1. Methodology & Scope
1.1 Research Methodology
1.1.1 Initial Data Exploration
1.1.2 Statistical Modeling and Forecast
1.1.3 Industry Insights and Validation
1.2 Research Scope & Assumptions
1.3 List of Data Sources
2. Executive Summary
2.1 Industry Summary of China Air Compressors Market
3. Industry Outlook
3.1 China Air Compressors Market Segmentation
3.2 China Air Compressors Market Size and Growth Prospects
3.3 China Air Compressors Market Dynamics
3.4 Key Opportunities Prioritized
3.5 Industry Analysis - Porter's
3.6 Market Share Analysis
3.7 Market PESTEL Analysis, 2016
4. Application Framework
4.1 China Air Compressors Market share by application, 2016 & 2024
5. Regional Outlook
5.1 North America
5.2 Europe
5.3 Asia Pacific
5.4 Latin America
5.5 MEA (Middle East and Africa)
5.6 RoW (Rest of the World)
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6. Competitive Landscape
6.1 M. A. T. Industries Inc.
6.1.1 Company Overview
6.1.2 Revenue Analysis
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2 W. W. Grainger Inc.
6.2.1 Company Overview
6.2.2 Revenue Analysis
6.2.3 Product Benchmarking
6.2.4 Strategic Initiatives
6.3 Zen Air Tech Pvt. Ltd.
6.3.1 Company Overview
6.3.2 Revenue Analysis
6.3.3 Product Benchmarking
6.3.4 Strategic Initiatives
6.4 Hoerbiger
6.4.1 Company Overview
6.4.2 Revenue Analysis
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5 Holding A. G.
6.5.1 Company Overview
6.5.2 Revenue Analysis
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
6.6 Kaeser Compressors Inc.
6.6.1 Company Overview
6.6.2 Revenue Analysis
6.6.3 Product Benchmarking
6.6.4 Strategic Initiatives
6.7 Hitachi Industrial Equipment Systems Co. Ltd.
6.7.1 Company Overview
6.7.2 Revenue Analysis
6.7.3 Product Benchmarking
6.7.4 Strategic Initiatives
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The China Air Compressors Market is expected to reach nearly USD 9.6 billion by 2024. It can register a CAGR over 7.5 % during the forecast period (from 2016 to 2024).

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