The global industrial air compressor market is anticipated to grow at a considerable CAGR of 4.3% during the forecast period. Industrial Air Compressor Market research report allows making important decision making essential for business growth. It helps key participants further in applying right business ideas to grow business and choose the right business doing strategy. Having complete understanding of what purchasers are looking for in the market and which factors can influence their purchasing decision greatly helps to make investment in the right product development and launch it accordingly. It is also crucial for major participants to understand the behavior of target customers to bring novel products into the market. This Industrial Air Compressor Market report serves as a blueprint to get thorough study of market competition, target audience and entire market.
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Generally, industrial air compressors are deployed to increase the pressure by converting power into potential energy which is then stored as pressurized air. In turn this pressurized air is being used to compress gas for transport, to power pneumatic tools, packaging, cutting & welding, cooling and other among others. Rapid industrialization in emerging economies like China and India has acted as a major potential growth booster for the global industrial air compressor market. Declining LnG imports in South Korea & Japan and strict quality standards are projected to hamper the growth of the global market in the coming years. Although, growing awareness for energy saving and rising demand for eco-friendly compressors are expected to create growth opportunities for the global market.
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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
- , and others
Market Segmentation
Global Industrial Air Compressor Market by Product
- Dynamic Displacement Compressors
- Axial Flow Air Compressor
- Centrifugal Compressor
- Positive Displacement Compressors
- Rotary Air Compressor
- Reciprocating Compressor
Global Industrial Air Compressor Market by Type
- Portable
- Stationary
Global Industrial Air Compressor Market by End-User
- Food and Beverage
- Oil and Gas
- Manufacturing
- Energy and Power
- Automotive
- Others (Construction and Mining and Healthcare)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- BOGE
- Bauer Compressors Inc.
- Chicago Pneumatic
- Doosan Portable Power Co.
- ELGi
- Elliott Co.
- Hitachi Industrial Equipment Systems Co., Ltd.
- Kirloskar
- Kobe Steel Ltd.
- Kyocera Senco Industrial Tools, Inc
- MAN Energy Solutions SE
- Mitsubishi Heavy Industries Compressor Corp.
- Rix Industries Inc.
- Stanley Black & Decker Inc.
- Sulzer
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global industrial air compressor market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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