Press release
Portable Air Compressor Market Will Exhibit an Impressive Expansion by 2024-2031 | Doosan Bobcat Inc., KaeserKompressoren SE, ElgiEquipments Ltd.
Portable air compressor market is anticipated to grow at a significant CAGR of 7.2% during the forecast period. One of the major factors driving the growth of the global portable air compressor market is the growing demand for mobile air compressor solutions across a wide range of applications. Air compressors primarily function to compress the air facilitating various operations and equipment. Furthermore, there are various uses of portable air compressors such as pneumatic tools, power pumps, pipes, and common household uses. Portable air compressors require less time compared to traditional air compressors, which makes portable air compressors faster and more efficient. The portable air compressors offers more benefits than their traditional counterparts, which is expected to fuel the growth of the global portable air compressor market in the upcoming forecast year.Another factor driving the growth of the global portable air compressor market is the rise in the requirement of portable air compressors in developing countries such as India, China, Brazil, South Korea, and Japan. These countries have shown a major growth in industrial output, which can be contributed to less expensive material and affordable labour along with favourable government policies. According to the Indian Brand Equity Foundation (IBEF), in June 2021, the Government of India planned to invest in rural electrification and amend affordable housing schemes by 2023. This has resulted in high demands for the commodity which will propel the growth of the global portable air compressor market.
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Portable Air Compressor Market Segmentation
By Power Source
Electric
Gas
By Technology
Rotary (Screw, Scroll)
Reciprocating
By Lubrication
Oil Free
Oil Filled
By Application
Oil & Gas
Mining &Energy
Healthcare
Manufacturing
Semiconductor & Electronics
Building& Construction
Food & Beverage
Others (Home Appliances)
A full Report of Portable Air Compressor Market is Available @ https://www.omrglobal.com/industry-reports/portable-air-compressor-market
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Company Profiles
Doosan Bobcat Inc.
KaeserKompressoren SE
ElgiEquipments Ltd.
Rolair Systems
Suzhou Sullair Gas Equipment Co., Ltd.
Sullivan-Palatek Inc.
Hubei Teweite Power Technology Co., Ltd.
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We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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