SAN FRANCISCO, November 26, 2015 /PRNewswire/ --
The portable oil-free air compressor market is expected to reach USD 8.54 billion by 2022, according to a new study by Grand View Research, Inc. Emergence of next-generation compressed air systems, which offer enhanced reliability and energy-efficiency is expected to drive demand over the forecast period.
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Growing demand for oil-free air in purity critical applications and focus on complying with environmental regulations is estimated to fuel growth over the forecast period. Companies introducing smart compressor solutions are projected to offer lucrative opportunities for industry growth. Factors such as lower installation and maintenance cost are expected to positively impact demand.
Browse full research report with TOC on "Portable Oil-Free Air Compressor Market Analysis By Technology (Reciprocating, Rotary, Centrifugal), By Application (Semiconductors & Electronics, Food & Beverage, Healthcare, Home Appliances, Energy, Oil & Gas, Manufacturing) And Segment Forecasts To 2022" at: http://www.grandviewresearch.com/industry-analysis/portable-oil-free-air-compressor-market-analysis
Increasing end-user demand for enhanced air quality and reliability is projected to stimulate portable oil-free air compressor market demand. However, increasing cost of raw material can act as a challenge for the industry.
Further key findings from the report suggest:
Grand View Research has segmented the portable oil-free air compressor market on the basis of technology, application and region:
Browse related reports by Grand View Research:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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Sherry James
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Grand View Research, Inc
Phone: 1-415-349-0058
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Email:sales@grandviewresearch.com
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