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(Construction.IndustryNews247.Com, August 10, 2018 ) China Air Compressor Market size can be segregated across three levels. The first level is multinational enterprises, which include by Ingersoll Rand, Sullair, Fusheng Group and Atlas Copco. These players posses strong independent design and R&D capabilities and are foremost high end screw air compressors. The second level is superior enterprises with major e-design capabilities, high manufacturing and processing level including, Shanghai Hanbell Precise Machinery, Ningbo Baosi Energy Equipment and Zhejiang Kaishan Compressor.
China air compressor market size was valued over USD 3 billion in 2015 and is likely to reach around USD 9 billion by 2023, at a CAGR of over 7.5%. This can be attributed to continuous growth of economic scale coupled with rising demand on quantity and variety of air compressors in the region. This is anticipated to drive the industry demand over the coming few years.
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China air compressor market share has applications in mining, power, metallurgy, machinery manufacturing, electronics, food, pharmaceuticals, petrochemicals, and textile & light industries. The industry is currently moving towards structural adjustments. The regions stable economy coupled with expansion of the equipment manufacturing sectors is likely to surge the demand growth over the forecast period.
China air compressor market share can be segmented on the basis of lubrications which include oil filled and oil free. The industry can be further bifurcated by technologies into centrifugal, reciprocating and rotary.. By products, the industry can be divided into stationary and portable. Moreover, the industry is segregated on the basis of applications which include manufacturing, oil & gas, energy, home appliances, food & beverage, healthcare and semiconductors & electronics.
Major players in the China air compressor market share include Zen Air Tech, VMAC Company, Vanair, Sullair, Rolair Systems, Parker, Oasis Manufacturing, MAT Industries, Kaeser Compressors, Ingersoll Rand, Hoerbiger, Hitachi Industrial Equipment, Heyner, Grainger Company, GE Energy, Gast Manufacturing, Gardner Denver, Galaxy Auto Service Equipment, Frank Technologies, CPI, Cook Compression, BelAire Compressors, Bauer Group, Atlas Copco and AireTex Compressors among others.
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Other key players include Zen Air Tech, VMAC Company, Vanair, Sullair, Rolair Systems, Parker, Oasis Manufacturing, MAT Industries, Kaeser Compressors, Ingersoll Rand, Hoerbiger, Hitachi Industrial Equipment, Heyner, Grainger Company, GE Energy, Gast Manufacturing, Galaxy Auto Service Equipment, Frank Technologies, CPI, Cook Compression, BelAire Compressors, Bauer Group and Gardner Denver.
Global Market Insights, Inc.
Arun Hegde
1-888-689-0688
sales@gminsights.com
Source: EmailWire.Com
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