Industrial Air Compressor Market Analysis and Forecast to By Recent Trends, Developments in Manufacturing Technology and Regional Growth Overview

SDKI Inc. published a new report on "Industrial Air Compressor Market-Forecast 2022-2031". This study includes the statistical and analytical approaches needed to grow the industrial air compressor market. The key industry insights provided in the report provide readers with better ideas about market overviews regarding existing market scenarios. In addition, the report contains a detailed discussion of current and future market trends related to market growth.

Report sample URL
https://www.sdki.jp/sample-request-111322

The industrial air compressor market is estimated to reach US $ 25.76 billion by 2031, from a market value of US $ 18.82 billion in 2022, and is expected to grow at a CAGR of 8% during the 2022-2031 forecast period.

Industrial air compressors are positive displacement type that operates based on the principle of air. It is a compressor. Air compressors use electric motors, diesel or gasoline engines, etc. to convert electrical energy into powerful kinetic energy. The growth of the global industrial air compressor market is driven by the growing demand for portable air compressors among industries. Increasing demand for energy-efficient air compressors is also contributing to the growth of the industrial air compressor market. Energy efficiency is a major concern associated with the use of air compressors. Increasing consumer awareness of energy efficient models primarily drives the growth of the industrial air compressor market.

In addition, the adoption of advanced technology by global players in the air compressor market is driving the demand for air compressors in a variety of industries. Innovation is a key component of the air compressor market, resulting in significant replacement demand for traditional air compressors. Industrial air compressors are also used to convert electric power into potential energy to increase pressure and store it as pressurized air. This pressurized air is used to power pneumatic tools and to compress gas in applications such as transportation, cutting and welding, packaging, cooling and freezing. This has led to an increase in the installation of air compressors throughout the industry. However, the high cost of installing and maintaining air compressors can curb the growth of the industrial air compressor market during the forecast period.

In the era of coronavirus (COVID-19), air compression in various industries has been regarded as an essential business by the US Centers for Disease Control and Prevention (CDC), the federal government, state governments, and local governments. I did. Therefore, companies in the industrial air compressor market are focused on fulfilling their business continuity plans by providing their customers with superior products and services. Companies are constantly monitoring the situation during the COVID-19 pandemic, leveraging the best advice provided by local governments for factory hygiene and safety practices.

Report sample URL
https://www.sdki.jp/sample-request-111322

Industrial Air Compressor Market Segment

Industrial Air Compressor Market is by product type (reciprocating, rotating, centrifugal), lubrication (oil filling and oil free), foam factor (portable and fixed), and industry (oil / fixed). It is divided by gas, manufacturing, healthcare / pharmaceuticals, food and beverages, energy utilities, consumer goods, metals and mining, transportation, etc.), and by region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Regional overview

industrial air compressor market The industrial air compressor market is further subdivided based on the region, and the market growth of each country is evaluated. These include North America (US, Canada, and other North America), Europe (Germany, France, Italy, Spain, UK, and other Europe), Asia Pacific (China, Japan, India, Australia, Singapore, and others). Asia Pacific) and other regions.

The Asia Pacific industrial air compressor market is expected to grow rapidly during the forecast period. The Asia Pacific region remains a major region of the industrial air compressor market, with revenues of US $ 5,731.6 million in 2020. India and China are adopting industrial air compressors in petrochemical and oil and gas plants due to the growing demand for petrochemical / chemical products in these countries. This is driving the growth of the industrial air compressor market in the region. In addition, infrastructure projects and rapid urbanization plans are accelerating at APAC and may continue during the forecast period. Such activities are projected to drive demand for industrial air compressors.

Key players in the industrial air compressor market

Key playersin the industrial air compressor market include Ariel Corporation, Howden Group Ltd., IHI Corporation, Ltd, Kaeser Kompressoren Co., Ltd., Kobe Steel, Ltd. , Mayekawa Mfg. Co., LTD, Mikuni Kikai Kogyo Co., LTD., Mitsui E & S Holdings Co., Ltd, Siemens AG, The Japan Steel Works, LTD., Hitachi Ltd. The study includes a detailed competitive analysis of these major companies in the industrial air compressor market, corporate profiles, recent developments, and key market strategies.

Detailed contents of the survey report
https://www.sdki.jp/press-details/industrial-air-compressor-air-compressor-market/681

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