Increase in the investment in the mechanical investments and the rapid industrialization is expected to drive the demand for UAE air compressors market in the forecast period.
The surge in the use of gas instead of oil for power generation purposes is expected to accelerate the air compressors market growth. The use of air compressors for power generation is increasing as it provides sustainable, efficient, and economical solutions. Rapid industrialization in the country to satisfy the needs of the rising population and to boost economic growth is expected to create lucrative opportunities for the air compressors market growth.
The use of air compressors in air-operated machinery which is used in the construction sites and the surge in the number of construction sites and launch of construction projects is expected to accelerate the air compressors market growth. The growing food & beverage industry uses air compressors which are fostering the growth of the air compressors market.
The COVID-19 outbreak across the world which has been declared as a pandemic by World Health Organization has affected several countries adversely. Coronavirus-affected patients started suffering from shortness of breath along with coughing and sneezing. Leading authorities of the UAE imposed lockdown restrictions and released a set of precautionary measures to contain the spread of novel coronavirus.
The manufacturing units were temporarily shut down and the shortage of workforce at the manufacturing units led to the market decline. Disruption in the supply chain was observed which affected the supply of raw materials and the final products which adversely affected the growth of the air compressors market.
However, the surge in the installation of renewable energy generating sources that do not require the use of air compressors may restrain the growth of the air compressor market in the forecast period.
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UAE air compressors market is segmented into type, technology, lubrication method, power rating, end-user industry, regional distribution, and company. Based on the technology, the market can be divided into reciprocating, rotary, and centrifugal. The rotary compressors segment is expected to witness growth in the forecast period, 2022-2026. The growing automotive industry and the setting up of manufacturing units by original equipment manufacturers are expected to foster the air compressor market growth.
The high demand for air compressors in power generation and industrial production is expected to fuel the market demand. Based on the type, the market is bifurcated into portable and stationary. The portable segment is expected to account for major market share in the next five years owing to the demand for the enhanced features like high speed, low operating noise, and maintenance costs which are expected to influence the market growth.
Oil Tech International LLC, Atlas Copco Services Middle East, ANDRON Equipments LLC, Aerzen ME – FZE, Hoerbiger Service Middle East FZE, Kaeser Kompressoren FZE, GPE LLC, Oil Tech International LLC, Al Gawf Trading FZCO, Hotline Trading LLC, Kaeser Kompressoren FZE, General Electric Company, Burckhardt Compression (Middle East) FZE, Kobelco Machinery Middle East FZE, Sanden Holdings Corporation are the leading players operating in UAE air compressors market.
Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several air compressors manufacturers are coming up with their technologically advanced offerings.
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“The rise in awareness regarding the effects of greenhouse gas emissions on the environment and the demand for energy-efficient systems is expected to spur the growth of the air compressors market. The rise in environmental concerns and the need to improve air quality coupled with the growing demand for low-maintenance air compressors is expected to boost the air compressors market growth. The growing importance of energy recovery and efficiency and the need to reduce carbon dioxide emissions in addition to the launch of technologically advanced products to improve the efficiency and performance of the system is expected to propel the market growth till 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“UAE Air Compressors Market By Type (Portable and Stationary) By Technology (Reciprocating, Rotary, and Centrifugal) By Lubrication Method (Oiled, and Oil-free) By Power Rating (0-100 kW, 101-300 kW, 301-500 kW, and 501 kW & above) By End-user Industry (Construction, Oil & Gas, Automotive, HVAC-R, Industrial Manufacturing, Power Generation, and Others), By Region, Company Forecast & Opportunities, 2026” has evaluated the future growth potential of UAE air compressors market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of UAE air compressors market.
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