China industrial air compressor market is estimated to grow modestly at a CAGR of around 5.6% during the forecast period. Rapid industrialization owing to the cohesive government policies to promote industrialization is making a significant contribution to the market growth in China. Announced in 2015, the “Made in China 2025” is one of the ambitious projects aimed at increasing the competitiveness of Chinese manufacturing industries including electronics, chemical, automotive, and so on. The goal of the project is to foster Chinese brands, boost innovation, and reduce the country’s reliance on foreign technology by making the nation a major or dominant global manufacturer of various technologies. As per Chinese media, this initiative was aimed to transform China from a manufacturing giant to global manufacturing power by 2049. For instance, the government of the country plans to achieve 40% of domestically manufactured basic components and basic materials by 2020 and 70% by 2025. The air compressors have wide utilities in manufacturing facilities, therefore, the presence of a large manufacturing industrial base in the country will create significant demand for energy-efficient air compressors within the country.
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This China Industrial Air Compressor Market report briefly talks about the significance of every segment and growth aspects. It offers key statistics about major regions such as Europe, Asia Pacific, Middle East, Africa, North America and Latin America. This comprehensive China Industrial Air Compressor Market report works as a potent tool to allow key players get the right direction and guidance for companies to survive in the competitive market. Some of the major sectors are discussed in this China Industrial Air Compressor Market report such as manufacturing technology and industry applications. Competitors section, product type section and end-user section are the leading sections covered in this China Industrial Air Compressor Market study report. Entire market is covered in this Market report along with leading sections. It also covers basic overview of the entire market to help new entrants in making business easy going and forward.
All the significant parameters are also captured in this China Industrial Air Compressor Market research report. Key strategies are also captured here to help novel entrants to retain their position in the market. All the significant parameters are also discussed here along with market dynamics such as trends, challenges, opportunities and drivers. It also presents product specifications, company profile and 2022-2028 market shares for every company. Important information covered in this report enables key participants to know regarding the qualitative growth parameters of the global market. Quantifiable information covered in this China Industrial Air Compressor Market report helps to analyze country level and regional level data integrating the supply and demand strengths which are augmenting the market growth. It then goes on to talk about COVID-19 epidemic and how it several affected a number of major business sectors around the globe.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
China Industrial Air Compressor Market by Type
- Portable
- Stationary
China Industrial Air Compressor Market by Technology
- Dynamic Displacement Compressors
- Axial Flow Air Compressors
- Centrifugal Compressors
- Positive Displacement Compressors
- Rotary Air Compressors
- Reciprocating Compressors
China Industrial Air Compressor Market by End-Users
- Food & Beverages
- Oil & Gas
- Energy and Power
- Manufacturing
- Automotive
- Others (Construction and Mining)
Company Profiles
- Atlas Copco AB
- BAUER COMPRESSORS INC.
- DENAIR Group
- ELANG Group
- General Electric Co.
- Hitachi Ltd.
- Ingersoll-Rand PLC
- Kaeser Kompressoren SE
- Shanghai Xinran Compressor Co.
- Siemens AG
The Report Covers
- Comprehensive research methodology of the China industrial air compressor market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the China industrial air compressor market.
- Insights about market determinants which are stimulating the China industrial air compressor market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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