Oil Filled Air Compressor Market - Global Industry Analysis by Application and Regional Outlook till 2024

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Oil Filled Air Compressor Market is anticipated
to generate significant revenues by 2024

• The aforementioned instance is an apt evidence
  justifying that the development of advanced
  products will have a highly remarkable impact on
  oil filled air compressor industry size. As
  end-use industries gear up to accept
  next-generation products brought forth by leading
  industry players, oil filled air compressor
  market share will soar to massive heights, with a
  CAGR estimation of 3 over 2018-2024.
• It is a rather conspicuous fact that low noise
  generating compressors are highly preferred in
  myriad industries such as construction,
  manufacturing, and oil gas, considering
  occupational safety measures. Indeed, these
  compressors are a major help as far as the
  reduction of the occurrence of health hazards
  such as hearing disabilities due to high noise
  levels is considered. Quite overtly, in order to
  adhere to occupational safety standards, oil
  filled air compressors are being prominently
  deployed in end-use sectors, considering their
  ability to reduce noise levels while in
  operation, further stimulating this vertical.

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• Oil Filled Air Compressor Market Scenario

• The competitive hierarchy of oil filled air
  compressor market is inclusive of top-notch
  magnates that have been consolidating their
  presence across this vertical through the
  initiation of frequent mergers and acquisitions.
  The Japanese technology company, Hitachi for
  instance, in April 2017, acquired the U.S. based
  air-compressor manufacturing unit of Accudyne
  Industries for USD 1.24 billion and strengthened
  its client base across North America oil filled
  air compressor market.
• Enumerating yet another instance in oil filled
  air compressor industry, a few days earlier, one
  of the renowned industrial air compressor
  manufacturer, DV Systems proudly unveiled an
  energy-efficient rotary screw air compressor. The
  product is integrated with new components that
  enable stable system pressure and high capacity
  air delivery.
• A year before, Ingersoll Rand another
  noteworthy contender in oil filled air compressor
  market, launched its next-generation oil filled
  rotary screw compressors designed for high
  compressed air output. The products apparently
  are capable of successfully enhancing the
  efficiency of air compressors without hampering
  the existing reliability. Endowed with advanced
  features and improved performance, rotary
  technology is emerging as a viable alternative,
  driving rotary-based oil filled air industry
  share over the years ahead.

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• Regional Analysis

• the UK based air compressor manufacturer, Vert
  Rotors requires a special mention. The company
  has developed an innovative portable air
  compressor technology for ensuring reduced safety
  and health problems. This technology provides air
  compressed at 300psi while generating only 65dB
  noise level, which is far lesser than the noise
  generated from conventional air compressors.

• Competitive Analysis

• Major participants in the oil lubricated air
  compressor market which holds the key chunk
  include Sullair LLC, Ingersoll-Rand plc, Atlas
  Copco, Gardner Denver, Inc., Doosan Portable
  Power, Kaeser Kompressoren SE, Hubei Teweite
  Power Technology Company Limited, and
  Sullivan-Palatek, Inc.

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