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Industrial Air Compressor Market Competitive Analysis, Growth, Development Factors and Forecast 2030

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The Air Compressors Market has seen steady growth in the historical years. In the year 2019, the value of the industry stood at USD 32.47 Billion. It is speculated that the sector will grow at a CAGR of 3.9% by the end of the year 2030.

The Industrial Air Compressor Market has seen steady growth in the historical years. In the year 2019, the value of the industry stood at USD 32.47 Billion. It is speculated that the sector will grow at a CAGR of 3.9% by the end of the year 2030. The growth of this sector is contributed majorly by two factors, increasing safety concerns of food and beverage products and the increase in the oil extraction activities, which also drive demand. The report offers crucial information about the air compressor industry. Therefore, potential investors will find it to be majorly useful and beneficial to make strategic decisions.

 

Market Overview:

Over the last few years, the manufacturing and construction industry has consistently experienced a growth in revenue, and it is expected to continue this growth between 2021 and 2030 with a robust revenue CAGR. This can be attributed to factors such as the rapidly growing construction and building sector, the rapid growth of urbanization and industrialization across the globe, and advances in manufacturing techniques. Increasing awareness of environmental impacts and carbon emissions has led to an increase in the demand for green construction and energy efficient buildings over the past few years. During the forecast period, key factors are expected to boost global market growth, such as the rapid expansion of the global population, changing lifestyle preferences, high demand for smart buildings, the rising number of renovations and reconstructions in the world, and an increase in eco-friendly construction activities. In addition to increasing disposable income, government schemes, and private investments to support manufacturing and construction industries, as well as a high emphasis on aesthetics, other factors are expected to boost global market growth.

 

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Competitive Landscape:

The market for air compressors has a lot of participants from across the globe. However, as the world is shifting to newer and eco-friendly solutions in every way possible, industries are trying to reduce emissions and energy consumptions of their products. Additionally, recent years have witnessed a rise in MA deals undertaken by companies to increase their customer base. Many different econometric tools are used in the report to obtain results on how the market players have strategized and strategies that were successful.

 

Industrial Air Compressor Market: Key Participants

  • Atlas Copco
  • Ingersoll- Rand
  • Allmand Bros. Inc.
  • Siemens
  • Sulzer
  • Senco
  • Bostitch
  • GE
  • DeWalt

 

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Industrial Air Compressor Market Segmentation: 

By Type

  • Stationary
  • Portable

 

By Application Type

  • Manufacturing
  • Others

 

By Lubrication

  • Oil-free
  • Oil-filled

 

By Product

  • Rotary/Screw
  • Centrifugal

 

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • New Zealand
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • U.A.E.
    • Saudi Arabia
    • South Africa
    • Rest of MEA

 

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About Reports and Data 

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