The Asia-Pacific (APAC) air compressor market was valued at $11.8 billion in 2018 and is projected to grow with a CAGR of 4.1%

NEW YORK, Nov. 4, 2019 /PRNewswire/ --

Asia-Pacific (APAC) Air Compressor Market Research Report: By Type (Positive Displacement, Dynamic), Lubrication Type (Oil-Free, Oil-Flooded), Portability (Portable, Stationary), Pressure (Ultra-Low-Pressure, Low-Pressure, Medium-Pressure, High-Pressure, Hyper-Pressure), Application (Construction, Power, Industrial Manufacturing, HVAC-R, Chemical and Cement, Oil & Gas, Automotive, Food & Beverage, Textile), Regional Insight (China, Japan, India, South Korea, Indonesia, Australia and New Zealand) - Industry Analysis and Growth Forecast to 2024

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The Asia-Pacific (APAC) air compressor market was valued at $11.8 billion in 2018 and is projected to grow with a CAGR of 4.1% during the forecast period (2019–2024). The key factors responsible for the growth of the market are the increasing demand for energy-efficient air compressors and expanding automotive industry. An air compressor is a mechanical device, which compresses the air using energy (chemical, electrical, or any other form). Several industries make use of this technology, such as food & beverage, textile, chemical & cement, oil & gas, and automotive.

When type is considered, the APAC air compressor market is bifurcated into dynamic and positive displacement. Out of these, the positive displacement category dominated the market during the historical period (2014–2018) and is predicted to hold its position during the forecast period, both in terms of volume and value, due to the rising demand for rotary air compressors. Dynamic air compressors are expected to witness the higher CAGR during the forecast period, in terms of value and volume. This category is further divided into axial flow and centrifugal compressors.

On the basis of application, the APAC air compressor market is categorized into textile, construction, food & beverage, power, industrial manufacturing, heating, ventilation, air conditioning, and refrigeration (HVAC-R), oil & gas, automotive, chemical & cement, and others. The category of industrial manufacturing generated the highest revenue during the historical period and is predicted to dominate the market during the forecast period as well due to its fast growth in India and China. The application of food & beverage is expected to progress the fastest during the forecast period.

Asia-Pacific Air Compressor Market Segmentation

Market Segmentation by Type
Positive Displacement
Reciprocating
In-line
V-shaped
Tandem piston
Single-acting
Double-acting
Diaphragm
Rotary
Screw
Vane
Lobe and scroll
Dynamic
Centrifugal
Axial flow

Market Segmentation by Lubrication Type
Oil-Free
Oil-Flooded

Market Segmentation by Portability
Portable
Stationary

Market Segmentation by Pressure
Ultra-Low-Pressure
Low-Pressure
Medium-Pressure
High-Pressure
Hyper-Pressure

Market Segmentation by Application
Construction
Power
Industrial Manufacturing
Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R)
Chemical and Cement
Oil & gas
Automotive
Food & Beverage
Textile
Others (Healthcare, Research Laboratories, and Agriculture

Market Segmentation by Oil-Free Piston Air Compressor
By Application
Construction
Industrial Manufacturing
Food & Beverage
Chemical and Cement
Healthcare
By Pressure
Ultra-Low-Pressure
Low-Pressure
Medium-Pressure
High-Pressure

Market Segmentation by Country
China Air Compressor Market
By type
By lubrication type
By portability
By pressure
By application
By oil-free piston air compressor
By application
By pressure
India Air Compressor Market
By type
By lubrication type
By portability
By pressure
By application
By oil-free piston air compressor
By application
By pressure
Japan Air Compressor Market
By type
By lubrication type
By portability
By pressure
By application
By oil-free piston air compressor
By application
By pressure
South Korea Air Compressor Market
By type
By lubrication type
By portability
By pressure
By application
By oil-free piston air compressor
By application
By pressure
Indonesia Air Compressor Market
By type
By lubrication type
By portability
By pressure
By application
By oil-free piston air compressor
By application
By pressure
Australia and New Zealand Air Compressor Market
By type
By lubrication type
By portability
By pressure
By application
By oil-free piston air compressor
By application
By pressure
Rest of APAC Air Compressor Market
By type
By lubrication type
By portability
By pressure
By application
By oil-free piston air compressor
By application
By pressure

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