DUBLIN, January 23, 2015 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/x4984n/north_american) has announced the addition of the "North American Air Compressor Market (Type, Product Design, Lubrication Method, and Countries) - Size, Share, Global Trends, Company Profiles, Analysis, Segmentation and Forecast, 2013 -2020" report to their offering.
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According to this new report, titled "North American Air Compressor Market (Type, Technology, Lubrication Type and Countries) - North America Opportunity Analysis and Forecast - 2013 - 2020", the North American air compressor market is forecast to reach $6.6 billion by 2020, growing at a CAGR of 6.1% during the period 2014 - 2020. The North American market highlights the potential of centrifugal air compressors which currently represent around 15% of the total market size by value.
By 2020, the centrifugal air compressor market is expected to grow to double of its current size, representing over 30% of the total market size by value. The need of pure air in applications in FMCG, medical and pharmaceutical industries would increase the adoption of oil-free air compressors, which is expected to generate over 46% of market size by value by 2020. The North American market which was badly hit at the time of recession, is recovering due to the reinitiating of the stalled projects since 2012 onwards. Among the various lubrication methods, oil lubrication is commonly adopted in the North American market.
The oil lubricated air compressors contributed more than ½ of the market size by value in 2013. Based on mobility, the air compressor systems are segmented into stationary and portable models. The stationary air compressors were the major revenue contributors in 2013 and would continue to drive the market through 2020, based on their wide scale applications in heavy duty industry.
The portable air compressors are found useful in on-site construction applications, FMCG industry and medical & pharmaceutical purposes. Conclusively, applications of air compressors are observed in enormous industries such as FMCG, oil & gas, manufacturing, automotive, etc., due to energy efficiency, eco-friendliness and portability of these machines. Additionally, the increased oil exploration activities in U.S.A. and Mexican territories are driving the usage of heavy duty air compressors in the region.
The North American air compressors market is classified into three categories based on the technology of operation, namely reciprocating, rotary and centrifugal air compressors. Rotary and reciprocating are positive displacement air compressors; whereas, centrifugal is a dynamic air compressor. Rotary air compressor was the highest revenue generating segment in 2013 and would continue to lead the market during the forecast period. Centrifugal air compressor market is also expected to witness high growth due to its wide scale application, and capability to deliver high and constant flow of air pressure along with its oil free operations.
Key Topics Covered:
CHAPTER 1 INTRODUCTION
1.1 Report description
1.2 Key benefits
1.3 Key market segmentation
1.4 Research methodology
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Executive summary
2.2 CXO Perspective
2.3 Market beyond: what to expect by 2025
CHAPTER 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Trends in North America air compressor market
3.3 Advantages of air compressor
3.4 Technology & market trends
3.5 Key Findings
3.6 Porters five force analysis
3.7 Value chain analysis
3.8 Market share analysis, 2013 (Global)
3.9 Case studies
3.10 Drivers
3.11 Restraint
3.12 Opportunities
CHAPTER 4 NORTH AMERICA AIR COMPRESSOR MARKET, BY TYPE
4.1 Portable
4.2 Stationary
CHAPTER 5 NORTH AMERICA AIR COMPRESSOR MARKET, BY TECHNOLOGY
5.1 Reciprocating
5.2 Rotary type
5.3 Centrifugal compressor
CHAPTER 6 NORTH AMERICA AIR COMPRESSOR MARKET, BY LUBRICATION METHOD
6.1 Market size and forecast
6.2 Oiled
6.3 Oil-free
CHAPTER 7 NORTH AMERICA AIR COMPRESSOR MARKET BY COUNTRY
7.1 Key market trends
7.2 Competitive scenario
7.3 Key growth factors and opportunities
7.4 Market size and forecast
7.5 U.S.
7.6 Canada
7.7 Mexico
CHAPTER 8 COMPANY PROFILE
8.1 Atlas Copco
8.2 Ingersoll Rand Inc.
8.3 Sulzer Ltd.
8.4 Kobe steel
8.5 Ebara Corp.
8.6 Mitsubishi Heavy Industries Ltd.
8.7 Sullair
8.8 VMAC
8.9 Campbell Hausfeld
8.10 Porter-Cable
Companies Mentioned:
For more information visit http://www.researchandmarkets.com/research/x4984n/north_american
Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
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