Press release
APAC Compressor Market to Reach $23.3 Billion by 2023 Having Major Players:RECHI Retail, ELGI EQUIPMENTS LIMITED, KAESER KOMPRESSOREN, Ingersoll Rand & Toyota Industries North America, Inc.
Based on the dynamic compressor, APAC compressor market is classified into centrifugal and axial flow compressors. Centrifugal compressor category accounted for a larger market share in 2017.
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Based on compressor type, APAC compressor market is categorized into positive displacement and dynamic compressors. Out of these, positive displacement compressor category accounted for larger revenue share in 2017, and is also expected to lead throughout the forecast period, owing to growing demand for rotary type of compressors.
India compressor market is expected to register fastest growth during the forecast period, both in terms of volume and value, owing to robust growth of small businesses and construction industry in the country.
Growing automotive industry supported by rising disposable income of populace in developing countries like India and China, and technological innovations are the key factors driving the automotive industry in APAC.
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Some of the major players in the APAC compressor market include RECHI Precision Co. Ltd, Elgi Equipments Limited, Kaeser Kompressoren SE, Ingersoll-Rand plc, Atlas Copco AB, Kobe Steel Ltd, ANESI IWATA Corporation, Hitachi Ltd, Zhe Jiang Hongwuhuan Machinery Co. Ltd, MAHLE GmbH, Hanon Systems, and Toyota Industries Corporation.
Global Production Printer Market Segmentation
Market Segmentation by Technology
• Inkjet
• Offset
• Flexography
• Laser
• Screen
• Gravure
• Toner
• Others (Pad, Dye-sublimation, Relief print)
Market Segmentation by Type
• Color
• Monochrome
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