Why Compressors Market is the Best Market For Coming 2023?

The increasing need for contamination-free air in cleanroom applications is fueling the demand for oil-free compressors. These compressors do not use oil for sealing the rotors and cooling the compressed air. Instead, they make use of cooling water, which allows through the special pockets in the compressor casing. The applications of clean and compressed air in cleanroom environments include the operation of automatic door opening mechanisms, pressurization airlocks, laboratory instrumentation, and robotics. The oil-free compressors are widely used in the electronics and medical industry. 
Factors such as the increasing government mandates on various manufacturing processes and the need to improve the quality of the products manufactured are increasing the application of cleanrooms in industries such as food and beverage, pharmaceuticals, and aerospace industries. Since oil-free compressors help in maintaining the required cleanliness standards, their adoption rate is expected to increase in cleanroom applications. Hence, the rising demand for oil-free compressors is expected to fuel the growth of the global compressors market at a CAGR of 4.30% during the forecast period. 
The increasing demand for the energy-efficient compressor from HVAC application is one of the critical factors that will drive global compressors market growth. Several factors such as the development of energy-efficient systems, increasing construction activities, and the growing smart homes market is expected to boost the global HAVC market and the significant demand for HVAC equipment is expected to come from the industrial sector. The increasing demand for HVAC equipment will subsequently drive compressors market growth since they are used in these equipment to compress refrigerant gas and convert hot gas into a high-pressure hot gas. 

 
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In addition to the demand for HVAC equipment, the rising demand for oil-free compressors is also one of the key factors expected to gain traction in the market. The increasing need for contamination-free air in cleanroom applications is boosting the demand for oil-free compressors, as it helps in preventing dirt and dust particles from entering the product surface. Several factors such as the increasing government mandates on manufacturing processes and the need to enhance the quality of the manufactured products are increasing the applications of cleanrooms in food and beverages, aerospace, and pharmaceutical industries. This will consequently, drive the adoption of oil-free compressors in cleanroom applications, in turn, driving global compressors market growth at a CAGR of over 4% during the forecast period. 
Top companies covered in the compressors market research report 
The global compressors market is moderately fragmented. The industry analysis report will help clients to assess the market potential and design innovative strategies for strengthening their position in the market, by providing a complete analysis of the market’s competitive landscape and with information on the products offered by various companies. 
The report offers a complete analysis of several compressors manufacturers including: 
  • Atlas Copco AB 
  • Danfoss A/S 
  • Hitachi, Ltd. 
  • Ingersoll-Rand plc 
  • Siemens 
  • Sulzer Ltd

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