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(Medical-NewsWire.com, February 15, 2016 ) The government regulations 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 oil free compressor market during 2015-2020.
Explore more about Global Oil Free Compressor Market at: https://www.psmarketresearch.com/market-analysis/oil-free-compressor-market
The custom based product design to match the end users requirement, along with enhanced service offering are the recent trends witnessed in the global oil free compressor market. The high competition among the oil free compressor manufacturing companies, along with lack of product innovation is hindering the growth of the global market.
Oil-free compressors are positive displacement compressors propelled by a mechanical crank-shaft. The piston compressor decreases the volume of air by the pistons movement in a narrowed planetary, where the air gets compressed. The oil free compressor market is consolidated, as the top ten players accounted for more than 70% share of the global market in 2014.
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The food and beverage processing industries requires 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 driving the demand of oil-free air compressors market in industrial application.
Asia-Pacific accounted for the largest oil free compressor market in 2014. The growth of the end user industry, such as food processing, electrical and electronics, and textile has boosted the demand of the market in Asia-Pacific. Moreover, the increasing government regulation towards environment safety, along with growing awareness towards sustainability among the end user industry is expected to boost the demand of oil free compressor market during forecast period. The North American market is fueled by the increasing industrial output, post economic slowdown. The U.S. along with Canada is the major regional markets in North America. Brazil is expected to be the major market in Latin America during 2015-2020.
The major players, such as Gardner Denver and Atlas Copco accounted for majority of market share in 2014. The top competitors have high propriety learning curves that provide competitive advantage over other players.
Browse Related Market Research at: https://www.psmarketresearch.com/industry-report/semiconductor-and-electronics
Some of the competitors in the global oil free compressor market are, Atlas Copco, Bauer Compressor Inc., Werther International Inc., and Gardner Denver.
Global Oil Free Compressor Market Segmentation
By Product
Rotary Screw Compressor
Reciprocating
Centrifugal Compressor
By industry vertical
Oil and Gas s
Food and Beverages Processing
Steel
Energy & Power
Textile
Electrical & Electronics
Healthcare
Others
By Geography
North America
Europe
Asia-Pacific
Rest of the World
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