TechNavio recognizes the following companies as the key players in the Air Compressor market in China: Atlas Copco AB, Ingersoll Rand plc, Kaishan Group, and Shanghai Hanbell Precise Machinery Co. Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “One of the main trends witnessed in the Air Compressor market in China is the rapid technological advancements. Many vendors in the Air Compressor market in China are developing advanced and next-generation air compressors with the latest technological advancements. For instance, the vendors are developing air compressors with high-quality compressed air systems in order to differentiate their products in the competitive business environment. In addition, the market is witnessing several other technological developments in air compressors such as clean air technology, noise-free operations, and easy portability. Thus, the rapid technological advancements are a new trend that is seen to have a positive impact on the growth of the market.”
According to the report, one of the main factors driving the market is the need for continuous productivity. Compressors have become necessary equipment across several industries in order to enable effective and faster results. The compressors are used across industries in powering other tools and equipment, thereby enhancing their efficiencies. Compressors are used in various equipment and machinery such as air conditioners, refrigerators, air pumps, industrial refrigerators, and for the transportation of oil and gases. Moreover, industrial compressors are highly powerful and more reliable. Compressors are used to enhance the productivity of industrial manufacturing processes. Thus, the need for increased productivity is a growth driver for the Air Compressor market in China.
Further, the report states that one of the main challenges is the Need for Skilled Workforce. Evern though compressors are used for enhancing the productivity of industrial manufacturing processes, the market is still in need of skilled workforce, effectively operate such equipment.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Fusheng Co. Ltd, Shaangu Power, Sullair Corp., Wuxi Compressor Co. Ltd, Zhejiang, Hongwuhuan Machinery Co. Ltd., and Shanghai Feihe Industrial Group Co., Ltd.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/air-compressor-market-china-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/engineering-and-automation
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report – Air Compressor Market in China 2012-2016
