Digital English Language Learning Market Size 2017 –Application, Trends, Growth, Opportunities Worldwide and Forecast To 2021

Market Size Forecasters Add New Global Digital English Language Learning Market by Manufacturers, Countries, Type and Application, Forecast to 2021 to its research database. The report presents a deep study of the market growth factors and drivers. The report spread across 73 pages with table and figures in it.

Market Size Forecasters analysts forecast the global digital english language learning market to grow at a CAGR of 23.36% during the period 2017-2021.

This Market Size Forecasters report examines the Digital English Language Learning Market for the period 2017- 2021. The primary objective of the report is to analyse the underlying factors that are driving growth of the futuristic outlook market: Digital English Language Learning Market, which is significantly transforming buying habits of consumers across various markets.

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Scope of the Report:

This report focuses on the Digital English Language Learning in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers

Berlitz Languages, Pearson ELT, Sanako Corporation, EF Education First, Inlingua, Houghton Mifflin Harcourt, LearnCube, McGraw-Hill Education, Onwards Learning. OKpanda, Oxford University Press, Rosetta Stone, Transparent Language, Voxy

Market Segment by Regions, regional analysis covers:

North America (USA, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).

Market driver

  • Significant upsurge in demand from organizations.
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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There are Table of Content and Various Chapters to deeply display the global Digital English Language Learning Market

PART 01:  Executive summary

PART 02:  Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Global digital English language learning market

Exhibit 01:  Countries covered for market analysis

Exhibit 02:  Product offerings

Exhibit 03:  Global English language learning market 2016-2021 ($ billions)

Exhibit 04:  Revenues of global language learning markets in 2016

Exhibit 05:  Global digital English language learning market 2016-2021 ($ billions)

Exhibit 06:  Five forces analysis …………………………

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Global Commercial Greenhouse Equipments Market Research Report 2017

This report studies Commercial Greenhouse Equipments in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022.

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The competitive landscape of the Commercial Greenhouse Equipments market profiles the key players participating in the global business space. These include as FarmTek, Rough Brothers Inc, GGS, IGC, NGMA, Atlas, Beijing Kingpeng International, Siebring, Rimol Greenhouse, Agroponic Industries Ltd, Hun-kun,     Cropking, Stuppy Inc. The report also details the market positioning, strategies, and revenue procured by each of these manufacturers.

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In terms of end-user or applications, the report is segmented into Fruits & Vegetables, Flowers & Ornamental, Nursery. A detailed analysis of the contribution of these application segments to the overall market revenue and volume has been included in the report.

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Major Points in Table of Contents 

Global Commercial Greenhouse Equipments Market Research Report 2017

1 Industry Overview of Commercial Greenhouse Equipments

2 Manufacturing Cost Structure Analysis of Commercial Greenhouse Equipments

3 Technical Data and Manufacturing Plants Analysis of Commercial Greenhouse Equipments

4 Global Commercial Greenhouse Equipments Overall Market Overview

5 Commercial Greenhouse Equipments Regional Market Analysis

6 Global 2012-2017E Commercial Greenhouse Equipments Segment Market Analysis (by Type)

7 Global 2012-2017E Commercial Greenhouse Equipments Segment Market Analysis (by Application)

8 Major Manufacturers Analysis of Commercial Greenhouse Equipments

9 Development Trend of Analysis of Commercial Greenhouse Equipments Market

10 Commercial Greenhouse Equipments Marketing Type Analysis

11 Consumers Analysis of Commercial Greenhouse Equipments

12 Conclusion of the Global Commercial Greenhouse Equipments Market Professional Survey Report 2017

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Vertical Farming Market Size | Grow at XX CAGR | $13 billion by 2024.

Vertical Farming Market size will cross USD 13 billion by 2024 according to a new research report

Vertical farming product market consist of fruits, vegetables &herbs, equipment, and aquatic species. Lettuce dominates the overall fruit, vegetables and herbs market. Leafy greens and other herbs are the fastest growing crop types. Raising crab and fish in vertical stacked layers is also being touted as a viable way to farm. Tilapia is one of the most edible fish and dominates the aquatic species segment of the vertical farming product market. Lightning systems will capture the major share in vertical farming equipment market till 2024.

Declining food self-sufficiency rates and arable land in Singapore, China, Japan has led the vertical farming market in Asia-Pacific to grow at a rapid pace. Asia-Pacific vertical farming market is foreseen to surpass USD 4 billion by 2024. Asia’s government is supporting indoor agriculture industry more than any other government globally. The support ranges from national policy initiatives to subsidies. Lack of space in urban environments and water scarcity in Middle East who wants to reduce the reliance on food imports will push for the adoption of vertical farming concept in the region. Netherlands, Belgium, Germany and U.K. are the major European countries opting for vertical farming and constitutes major share of overall European region.

Vertical farming market is at a nascent stage with key players such as General Hydroponics, Aerofarms, Plantagon International AB, Urban Crop Solutions, Sky Greens, Green Spirit Farms, Spread co Ltd, Mirai Co.Ltd., American Hydroponics etc. Major organizations that deal in equipment, specifically for vertical farming are EVERLIGHT ELECTRONICS CO., LTD (Taiwan), illumitex (Texas), and Koninklijke Philips NV (Netherlands). The costs of production differ based on the crop grown, technology leveraged, and installing equipment. Vertical farming produce is served to the end-consumer through various supermarkets, grocery stores, online stores and restaurant cafes etc.

Vertical Farming Market By Technology:

  • Hydroponics
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  • Aquaponics

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The above information is provided on a regional and country basis for the following:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Vertical Farming Downstream Derivatives Market Potential

  1. Equipment
  • Lighting systems
  • Pumps &irrigation systems
  • Tanks
  • Sensors
  • Pipes
  • Environment &climate controllers
  • Meters &solutions
  1. Fruits, vegetables &herbs
  • Tomato
  • Lettuce
  • Bell &chili peppers
  • Strawberry
  • Cucumber
  • Leafy greens (excluding lettuce)
  • Herbs
  1. Aquatic species
  • Tilapia
  • Bass
  • Trout
  • Salmon
  • Crab

Vertical Farming preparation market by Application:

  • Indoor
  • Outdoor

Growth drivers:

  • Soaring population levels leading to imbalances in food demand and supply
  • Scarcity of farming land: A major natural resource
  • Stabilized crop production irrespective of climatic changes
  • Conservation and recycling of natural resources
  • Industry pitfalls & challenges
  • Higher initial investments
  • Lack of technical acumen
  • Limitations of crops species grown
  • High energy consumption (light, air conditioning)

Vertical farming market is relatively providing impetus for growth in indoor farming sector due to the advent of LED lights and growth mechanism such as aeroponics, hydroponics etc. Low labor costs, location of vertical farms closer to consumer bases, accessibility to fresh produce, zero pesticides usage are the key vertical farming market dynamics sprouting up the growth.

In terms of technology, hydroponics will continue to hold lion’s share by 2024, However aeroponics and aquaponics growth mechanism are likely to exhibit rapid gains during the forecast period taking up the market share of hydroponics. Less usage of water in comparison with hydroponics and traditional farming methods will spur the market for aeroponics expertise. Rising adoption of small scale aquaponics systems among farmers due to its cost benefits is playing a vital role in the growth of aquaponics technology.

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Vertical Farming on the basis Key insights from the report include:

Research and developments across the globe has led the various technology companies to venture into vertical farming on a small scale. New entrants in the vertical farming market are installing prototype models of their system in research institutes and laboratories to study the feasibility of commercialization of this technology. Existing producers of crops from vertical farming are conducting various experiments on their plants to maximize their production and enhance quality of their yield. However, the limitation of crop assortments that can be grown, high energy consumption, high initial set up costs hinder the adoption of vertical farming.

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Window automation market to witness heavy gains from residential applications, heavy adoption in smart homes to lucratively drive the demand

Europe Window Automation Market Size, By Product, 2015 & 2024 ($ Mn)

Window automation market share is witnessing a fierce competition due to high level of rivalry between the local players and established brands on the grounds of product pricing and services offered. As the industry is quite fragmented in nature, prominent window automation market players are focused on expanding their distribution channels and their product-line in different regions. Strong network will help the company to have an upper hand over the competitors, pertaining to the geographical reach. One such example is of the TOPP, a top player in window & door automation product. This company has expanded its global reach through distributors such as Automated Door Systems in UK and Kintrol in Australia. The growing business operations in these regions has positively impacted the overall company’s revenue.

A considerable development in modern infrastructure has propelled the adoption of automated ventilation systems in construction industry. Another major reason depicting window automation markets triumph is the product’s low-cost and energy efficient characteristics. As per a report by Global Market Insights, Inc., “Window Automation Market is set to collect revenue worth USD 7.5 billion by 2024, growing at a CAGR of 5.5% over the period of 2016-2024.”

The paradigm shift in the consumer preference toward automated products which could save their time and energy is another major factor impelling the growth of window automation industry. Consumers today are able to afford enhanced aesthetics which has also prompted tech-savvy people to amend their homes into smart homes. This has generated significant profits for the window automation market from residential applications. In addition, commercial applications will further witness a heavy upsurge owing to the growing deployment of window automation in hospitality, airports, retail, educational buildings, and public transit systems. The safety intact with the installation of automated window against fire, smoke, and heat is the principal factor driving the commercial applications of window automation market. Furthermore, growing construction of automated buildings and rising infrastructural spending will also positively impact the market dynamics.

Asia Pacific window automation market is likely to experience lucrative growth due to growing infrastructural development and rising customer demand for automated products. This changed scenario has significantly drawn the attention of many investors and manufactures to this region, which is bound to set huge growth opportunities in future. Moreover, development of healthcare and commercial sectors in this region will spur window automation market size.

Mechanical, electrical, and hybrid are identified as the three main product segments of this industry. Amongst these, electrical window automation market held the largest revenue share in 2015. Sensors & detectors, control panels, switches, motors & actuators forms the basic set of components used in this market.

Europe window automation industry is forecast to witness phenomenal growth in the coming seven years as the region has a large base of manufacturing units. The extreme weather conditions of the region is also leading to a high product demand to enable effective cooling and heating.

The rising deployment of automated windows in smart homes and automated buildings have produced largest revenue share for the window manufactures. Consequently, these manufacturers are taking more efforts in providing efficient solutions to their clients and incorporate new technologies to garner maximum profit from rising demand for window automation.

Browse key industry insights spread across 287 pages with 383 market data tables & 57 figures & charts from the report, “Window Automation Market Size By Product (Electric, Mechanical, Hybrid), By Component (Sensors & Detectors, Motors & Actuators, Control Panels, Switches, Accessories), By Application (Residential, Commercial [Retail, Airports, Education, Healthcare, Hospitality, Public Transit Systems], Industrial), By End-Use (Façade Builders, Profile Houses, Window Manufacturers, Contractors), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Italy, Switzerland, Norway, Denmark, Russia, China, Japan, South Korea, India, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/window-automation-market

 

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Wireless charging market to acquire a sizable proportion of the global revenue from consumer applications, U.S. to mainly drive the regional landscape over 2016-2023

Europe wireless charging market size, by technology, 2012 - 2023 (USD Million)

The onset of transformative trends such as digitization, Qi technology, & network communications can be chiefly credited for wireless charging market growth. Dubbed by industry experts as being one of the most disruptive fads of the 21st century, wireless charging, based on the principle of electromagnetic induction, stands to gain massive consumer interest, given its superior levels of usability, comfort, and speed. One of the key driving forces behind the growth of this business space is the escalating smartphone industry, particularly across the APAC belt. On these grounds, it has been forecast that wireless charging industry size will surpass USD 25.6 billion by 2023.

The recent development of a wireless charger powered for drones, designed by a South African startup, WiPo Wireless Power, is an instance of how deeply wireless charging market has penetrated various end-use domains. WiPo’s wireless charger has been designed to garner energy from powerline electromagnetic fields, enabling drones to fly autonomously, thereby generating a lucrative roadmap for wireless charging industry.

The United States is one of the most lucrative grounds for wireless charging market, given that the region is a forerunner as far as technological innovations are concerned. U.S. held more than 25% of the global revenue in 2015, owing to surging consumer preferences for wireless devices. On these grounds, it is also expected that wireless charging industry from consumer applications will surpass USD 15 billion by 2023. Speaking along similar lines, APAC wireless charging industry size will also cross USD 12 billion by 2023, with a CAGR projection of 34% over 2016-2023. This growth can be effectively attributed to the tech-savvy consumer base and extensive consumer electronics sales.

Owing to the fact that RF wireless charging eliminates the requirement for proper alignment, especially in case of compact, small devices such as medical implants and wearables, RF wireless charging market size is estimated to grow at a staggering CAGR of 40.5% over 2016-2023, with a revenue projection of USD 3 billion by 2023. Inductive wireless charging, on the other hand, allows only a single device to be powered per coil. On the grounds of usage inconvenience in multi-device frameworks, inductive wireless charging industry will grow at a modest rate, despite the product popularity, after having accounted for more than 45% of the overall revenue in 2015.

Strategic collaborations are one of the key tactics employed by leading companies to score an edge over the other, which has led to an aggressive rivalry among the players of wireless charging market. Major companies forming the competitive landscape of this business sphere include WiTricity Corporation, Qualcomm, Integrated Device Technology (IDT), and PowerbyProxi.

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

X-Ray Security Screening System Market Outlook: Rising global security concerns to push industry growth over 2016-2023

China X-Ray Security Screening System Market size, by end-use, 2012-2023 (USD Million)

X-Ray security screening system market is expected to grow significantly over the coming years, driven by mounting security concerns across railways, stadiums, airports, border lines, and public places. Furthermore, introduction of new legislations to improve security infrastructure and make it more commendable and robust, will boost the industry trends over the years to come.

According to Global Market Insights, Inc., “X-ray security screening system market value is forecast to grow at a rate of 5.7% over 2016-2023.” Growing threats of radiological bombs, terrorists, and weapons of mass destruction will further contribute significantly towards the rising popularity of the X-ray security screening systems.

Transit, Government, and Commercial sectors are the key application areas of X-ray security screening systems. Government sector, which accounted over 45% of global X-ray security screening system market share in 2015, is forecast to register a CAGR of 5.7% over the coming six years. Rampant use of X-ray security screening systems in prisons, law enforcements, and customs will drive the industry growth. X-ray security screening system industry in the commercial sector will witness a substantial surge over the period of 2016-2023, driven by its growing use in banks, malls, corporate offices, and hotels to counter the menace of terrorism.

Europe X-Ray security screening system industry is expected to experience a remarkable growth over the coming timeframe, driven by the growing urge to check terrorism and criminal activities. Furthermore, high demand for secured screening systems due to rise in the number of terror attacks in various countries of Europe will drive the regional growth

Strict government measures to protect national security along with replacement of old security screening systems with new ones will boost North America X-Ray security screening system market size over the years to come. U.S. is expected to be the major regional revenue contributor, with a CAGR estimation of 5.7% over 2016-2023

APAC X-Ray security screening system market is expected to grow rapidly over the coming six years, owing to high demand for cargo inspection as a result of rise in imports & exports of goods across ports as well as borders

Rising disturbances in the middle east countries leading to high expenditure on internal securities are anticipated to stimulate MEA X-ray security screening system market revenue over the next few years

Key industry players include Smiths Detection Company, American Science and Engineering (AS&E), Analogic Corporation, Morpho Detection LLC, Adani Systems Incorporation, OSI Systems Company, Eurologix Security Limited, L-3 Communications, and Gilardoni S.P.A.

Browse key industry insights spread across 115 pages with 49 market data tables & 26 figures & charts from the report, “X-Ray Security Screening System Market Size By Application (Product Screening, People Screening), By End-Use (Government, Commercial, Transit Industry), Industry Analysis Report, Regional Outlook (U.S., Mexico, Canada, UK, France, Germany, India, Japan, China, Brazil), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/x-ray-security-screening-system-market-report

 

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Acrylonitrile Butadiene Styrene (ABS) Market Share, By Application, 2016 – 2024

Key business growth strategies such as mergers & acquisitions, joint ventures, and product innovations are expected to strongly leverage Acrylonitrile Butadiene Styrene (ABS) Market development. For instance, INEOS Styrolution, a world leader in the styrenics sector, completed the purchase of K-Resin ® SBC business from Daelim and Chevron Phillips Chemical earlier this year after receiving all the necessary approvals from the regulatory authorities. This acquisition deal will help the firm focus on raising the production of specialty styrenics products across the globe as per the consumer requirements and thus enhance its global presence. Business players make strategic collaborations or partnerships for developing high quality products with the help of technical knowhow, positively impacting the market trends. According to Global Market Insights, Inc., “Acrylonitrile Butadiene Styrene (ABS) industry value, which was estimated at USD 22.3 billion in 2015, is forecast to hit USD 38 billion by 2024.”

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Acrylonitrile Butadiene Styrene (ABS) Market
Acrylonitrile Butadiene Styrene (ABS) Market size generated over USD 22.3 billion for 2015 and will witness over 6.0% CAGR.

Favorable product features such as high durability, lightweight, heat resistance, design flexibility, and corrosion & chemical resistance will create a profitable roadmap for Acrylonitrile Butadiene Styrene (ABS) market. High product preference can be attributed to its fabrication ease and cost-effective nature as compared to other products. Low steel utilization across the manufacturing business, subject to the rising need for improving the visual appearance as well as aesthetic value of the manufactured items will benefit Acrylonitrile Butadiene Styrene (ABS) Market.

Considering the topographical trends, U.S. Acrylonitrile Butadiene Styrene (ABS) Market is anticipated to surpass a targeted revenue margin of USD 3 billion by 2024, owing to escalated product popularity across automotive and consumer goods sectors.  Asia Pacific industry, which accounted for more than 68% of the global Acrylonitrile Butadiene Styrene (ABS) Market share in 2015, is projected to observe a huge surge over the next few years. High product demand for household appliances and construction sectors will boost the profit. The construction sector in APAC, worth USD 1550 billion in 2015, is slated to grow at a rate of 5% over 2016-2024. India and China are likely to be major regional revenue contributors.

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Europe Acrylonitrile Butadiene Styrene (ABS) Market is set to record a CAGR of 6% over the coming seven years, driven by high product usage in air conditioners, car exteriors & interiors, fax machines, vacuum cleaners, kitchen appliances, and refrigerator door liners. Germany is expected to be the key regional growth driver.

Automotive applications are projected to register notable gains of 4% over the coming seven years. The ability of the product to reduce the vehicle weight and lower fuel emissions is expected to spur its demand. Strict legislations to reduce environmental pollution and enhance fuel efficiency in automobiles will further soar ABS market revenue. For instance, stringent rules in Europe and North America have forced the manufacturers to reduce the vehicle weight up to 440 kg, resulting in lowered carbon emissions along with an increase in fuel efficiency.

Browse key industry insights spread across 230 pages with 221 market data tables & 20 charts & figures from the report, “Acrylonitrile Butadiene Styrene (ABS) Market Size By Application (Electrical and Electronics, Appliances, Automotive, Construction, Consumer Goods), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Poland, Russia, China, India, Japan, Taiwan, South Korea, Indonesia, Thailand, Brazil, Argentina, Mexico, South Africa, UAE, Saudi Arabia, Egypt), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/acrylonitrile-butadiene-styrene-ABS-market

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Industrial Head Protection Market Forecast, 2017 – 2024

Industrial Head Protection Market size was above USD 2.3 billion in 2016 and expects volume consumption to surpass 400 million units by 2024. Rising influence on considering worker’s safety at high priority in mining, oil & gas, and construction industries should drive industrial head protection market size. It plays a vital role in working environment by safeguarding against low hanging objects, electric hazards, falling objects and accidental falls, making it beneficial for industrial injury safety programs.

https://www.gminsights.com/industry-analysis/industrial-head-protection-market

Medical Styrenic Polymer Market Forecast, 2017 – 2024

Medical Styrenic Polymer Market size was more than USD 2.5 billion in 2016 and will witness 7% growth over the projected timespan. Robust demand product demand to replace conventional metallic medical devices will drive the medical styrenic polymer market size by 2024. Currently, medical devices are made of metals, ceramics or glass.

https://www.gminsights.com/industry-analysis/medical-styrenic-polymer-market

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Air compressor market to witness extensive demand from manufacturing sector, Asia Pacific to record considerable growth

U.S. air compressor market size, by application, 2012 - 2023 (USD Million)

A renowned air compressor market player Atlas Copco, has recently won the 2017 Red Dot Design Award for an outstanding product design of its 8-series portable air compressors. The new version of the Atlas Copco compressors was recognized for raising the design standards in terms of performance, size, weight, and efficiency. Such feats by prominent air compressor industry players have made it quite evident that right design strategy and economic success go hand in hand. Companies are further seen investing heavily in R&D activities to innovate products as customers seek efficiency coupled with lower price from the manufacturers. The global air compressor industry is likely to witness several mergers & acquisitions in the coming years underling its competitive landscape. Ingersoll-Rand, Chicago Pneumatic, General Electric, and Bauer Group are some of the renowned names in global air compressor market.

Major trends influencing the air compressor market landscape

Low cost and high efficiency– Earlier air compressors were much heavy in weight; however, technological advancements have brought light-weight and portable compressors. These novel versions of product designs gained considerable traction in residential and non-commercial applications. In 2015, the portable air compressor market accounted for more than 40% of the overall industry share.

Need for maintenance- The conventional piston compressors needed much more maintenance and thus had a crucial impact on the overall market penetration. However, the development of latest air compressors including screw compressor, oil free air compressor, and reciprocating air compressor have propelled the overall market size. Technological advancements have made these compressors to be capable of working on high load & low capacity, require less maintenance, and exhibit higher productivity than their predecessors. The oil free air compressor market gained massive profits, owing to its low maintenance and low-cost properties. In 2015, these compressors gained a market valuation of over USD 10 billion.

The oil & gas and the manufacturing industries are the major end-use sectors of air compressor industry. Accounting for more than 35% of the overall industry share, the manufacturing sector is projected to be the one of the leading segments over coming six years. The rotary, reciprocating, and the centrifugal air compressors have secured significant share in the global air compressor industry. As per the estimates, reciprocating air compressor market is anticipated to generate revenue over USD 8 billion by 2023, while the centrifugal technology is expected to record a growth of 4% over 2016-2023.

Rising awareness toward eco-friendly compressors-  High degree of technical expertise have prompted the air compressor market players to design eco-friendly compressors. Stringent regulations in the US and Europe toward GHG emissions have also significantly driven the concept of designing environment-friendly products. U.S. is amongst the prominent region, which is witnessing healthy demand for eco-friendly and portable air compressors. In 2015, U.S. air compressor market was pegged at USD 5 billion and is further projected to record a CAGR of 3.2% over 2016-2023.

This market is highly characterized by technological advancements emphasizing on energy efficiency, reliability, and cost effectiveness of air compressors, that has in turn favorably impacted the global industry trends. As per a report by Global Market Insights, Inc., air compressor market is estimated to surpass USD 39 billion by 2023 at an annual growth rate of 3.6% over 2016-2023. Companies operating in this industry are also vigorously focusing on designing application-specific equipment to meet key consumer requirements, which in turn will benefit the players to exploit the untapped market potential.

Browse key industry insights spread across 165 pages with 57 market data tables & 43 figures & charts from the report, “Air Compressor Market Size By Technology (Screw/Rotary, Reciprocating, Centrifugal), By Product (Portable, Stationary), By Lubrication (Oil Free, Oil Filled), By Application (Home Appliances, Food & Beverage, Oil & Gas, Energy, Semiconductors & Electronics, Manufacturing, Healthcare), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/air-compressor-market

 

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.