Press release
Globally Compressor Market Demand : Market Expected To Reach at a CAGR of 4.11% by Revenue During the Period 2017-2021
Market Research Report
About Compressor
Compressors are used to provide either air or gas at very high pressures. The air thus provided is used for transmitting power in various applications like power air tools, pneumatic cylinder actuation, hoists and lifts, transportation medium, fermentation, and combustion. For the transport application, compressors are used in a variety of transit applications, such as main line trains, light rail trains, underground trains, trams, metros, hybrid buses, and electric buses.
Technavios analysts forecast the global Compressor Market For Transport Application to grow at a CAGR of 4.11% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global Compressor Market For Transport Application for 2017-2021. The market size is calculated based on the demand for compressors in the transport industry.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Compressor Market For Transport Application 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Atlas Copco,
Ingersoll-Rand,
Gardner Denver
Other prominent vendors
Elgi Equipments
Drr Technik
PARKER HANNIFIN CORP
Knorr-Bremse
Kirloskar Pneumatic Company
Samvardhana Motherson Group
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Market driver
Expanding railway industry
For a full, detailed list, view our report
Market challenge
Fluctuating raw material prices
For a full, detailed list, view our report
Market trend
Emergence of high-speed rail network
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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