Japan Industrial Air Compressor Market Trends, Size, Forecast - 2020-2026
Japan industrial air compressor market is estimated to grow modestly at a CAGR of around 3.3% during the forecast period. Japan is among the developed economies around the globe. Cohesive government policies and initiatives to promote the manufacturing sector in the country are anticipated to offer significant growth opportunities for the industrial air compressor market in the country. In April 2017, the Japanese Ministry of Economics had launched the Industrial Value Chain Initiative (IVI). This initiative was launched to connect the manufacturing factories and to ensure that industry standards of the country are maintained at the global level. With this launch, the major industry players such as Fujitsu, Nissan Motors, Panasonic, Mitsubishi, and many more have set standards for technology, revolutionizing production to attain greater effectiveness and efficiency.
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Japan 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.
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Japan Industrial Air Compressor Market Segmentation
Dynamic Displacement Compressors
Axial Flow Air Compressors
Positive Displacement Compressors
Rotary Air Compressors
Food & Beverages
Oil & Gas
Energy and Power
Others (Construction and Mining)
Airman Asia Sdn Bhd (Hokuetsu Industries Co., Ltd.)
Atlas Copco AB
BAUER COMPRESSORS INC.
General Electric Co.
Kobe Steel, Ltd.
Mikuni Jukogyo Co., Ltd.
Mitsubishi Heavy Industries Compressor Corp.
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