Air Compressor Market – Review of Micro and Macro Factors Essential for the Existing Key Players 2019
An air compressor is a mechanical device that converts power from electric motor or from an engine into kinetic energy by pressurizing and compressing air which releases on quick bursts. Various methods of air compression are positive displacement type and negative displacement type. Positive displacement type of air compressors are piston type air compressors, rotary screw compressor and reciprocating air compressor. Negative displacement type of compressors includes centrifugal air compressor and axial flow compressor. Positive displacement type air compressors works by pushing air into a chamber whose volume has been decreased to compress the air. Negative type air compressors utilize centrifugal force produced by spinning impeller to increase and decrease air which further pressurizes it.
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Air compressors are segmented according to the design and principle of operation such as reciprocating type compressor, rotary type compressor and turbo compressor. Reciprocating compressor is further classified such as single stage, two stage, rocking piston type and diaphragm type. Rotary type compressor includes scroll type, rotary helical screw type and rotary sliding vane type
Some of the major drivers of this market are rapid industrialization and developing economies. However, high operational cost in the manufacturing of air compressors can hamper the growth of the market. Ample opportunities lies for air compressor as large number of industries are coming up in future.
Some of the key players in the business of Air compressor are Frank technologies, Bauer group, Oasis Manufacturing, Airtex Compressors, Ingersoll Rand, Bel Aire Compressors, Grainger Company, VMAC Company, Best Aire LLC, and Sullair among others.
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