Air compressors in general have plethora of applications across various industries. From inflating the vehicle tires to fabricating glass sculptures. All of these are some of the best use cases of air compressors. However, in several industries the air compressors that are used are quite heavy duty and can perform several task at one time. It is because of this advantage the global industrial air compressor market is growing with an exponential rate these days. Moreover, low maintenance and easy installation is yet another factor that is boosting the growth of global industrial air compressors market currently.
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Key Trends Driving the Growth of the Market
- Automobile segment is the largest customer of industrial air compressors market. This is because, since economic meltdown of 2008, the segment has revived with the help of several technological advancements. These advancements include low emissions and efficient engines, and operations like self-driving and self-parking. These innovations work on compressed air to preserve the propulsion fuel of the vehicle. With the growing demand of such innovative vehicles across the globe, the global industrial air compressors market is growing with a substantial rate.
- Giants of automobile segments such as BMW, AUDI, Mercedes, and FIAT are equipping their latest models with industrial air compressors. This is to improve the performance of the vehicle and reduce the running cost. Based on these developments and benefits, the global industrial air compressor market is witnessing the substantial growth these days.
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Some Use-Cases of Companies Developing Industrial air compressors
In 2018, Atlas Copco presented its latest series of ZT 90-160 oil-cooled high performance industrial air compressors. This compressors was made available with options such as fixed and variable fan-speed and with and without dryer. With the development of the new industrial air compressor, the company is aiming to acquire a major share in global industrial air compressors market along with gaining an edge over its rivals.