China industrial air compressor market is estimated to grow modestly at a CAGR of around 5.6% during the forecast period. Rapid industrialization owing to the cohesive government policies to promote industrialization is making a significant contribution to the market growth in China. Announced in 2015, the “Made in China 2025” is one of the ambitious projects aimed at increasing the competitiveness of Chinese manufacturing industries including electronics, chemical, automotive, and so on. The goal of the project is to foster Chinese brands, boost innovation, and reduce the country’s reliance on foreign technology by making the nation a major or dominant global manufacturer of various technologies. As per Chinese media, this initiative was aimed to transform China from a manufacturing giant to global manufacturing power by 2049. For instance, the government of the country plans to achieve 40% of domestically manufactured basic components and basic materials by 2020 and 70% by 2025. The air compressors have wide utilities in manufacturing facilities, therefore, the presence of a large manufacturing industrial base in the country will create significant demand for energy-efficient air compressors within the country. 

China industrial air compressor market is segmented based on type, technology, and end-user. Based on the technology, the market is classified into dynamic displacement and positive displacement compressors. The dynamic displacement compressors segment is further segmented into axial flow air compressors and centrifugal compressors. Whereas the positive displacement compressors segment is further segmented into rotary air compressors and reciprocating compressors. Furthermore, rotatory compressors include lobe, screw, liquid ring, scroll & vane compressors while reciprocating includes diaphragm double-acting and single-acting compressors. Based on type, the market is classified into portable and stationary. Based on end-user, the market is segmented into food and beverage, oil and gas, manufacturing, energy & power, automotive, and others.

The companies which are contributing to the growth of the China industrial air compressor market include Atlas Copco AB, BAUER COMPRESSORS INC., Ingersoll-Rand PLC, Hitachi Ltd., GE Oil & Gas, and Siemens AG.   The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups, and technological advancements to stay competitive in the market. 

Research Methodology

The market study of the China industrial air compressor market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, various services offered by the players, and market opportunity. The report will serve as a source for 360-degree analysis of the market delivering insights for making better business decisions.

Market Segmentation

1. China Industrial Air Compressor Market Research and Analysis by Type
2. China Industrial Air Compressor Market Research and Analysis by Technology
3. China Industrial Air Compressor Market Research and Analysis by End-User

The Report Covers

• Comprehensive research methodology of the China industrial air compressor market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the China industrial air compressor market.
• Insights about market determinants which are stimulating the China industrial air compressor market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.