Germany Industrial Air Compressor Market Sluggish Growth Rate Foreseen by 2022-2028

Germany industrial air compressor market is estimated to grow modestly, at a CAGR of around 4.3% during the forecast period. Germany has a considerable market share in the European industrial air compressor market due to the developed food & beverage industry and huge gas production capacity. Germany is Europe’s largest food producer and the food & beverage industry represents the fourth largest industry sector in Germany. According to the German Trade and Invest (GTAI), Germany has nearly 82 million consumers of food and beverage products across the country. This number is expected to increase in the future years, making Germany a hotspot for the manufacturing of food and beverage products.

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Germany has the largest gas production capacity among EU5 economies. As per BP Statistics, in 2018, Germany produced 4.8 mtoe of total natural gas. Oil and gas exploration in Germany is a small industry compared to top producer countries, although, German exploration and supplier companies do play a vital role on the international level. Such wide pipeline infrastructure creates demand for industrial air compressors in the country, hence driving the market growth.

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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

Germany Industrial Air Compressor Market by Type          

  • Portable
  • Stationary

Germany Industrial Air Compressor Market by Technology         

  • Dynamic Displacement Compressors
  • Axial Flow Air Compressors
  • Centrifugal Compressors
  • Positive Displacement Compressors
  • Rotary Air Compressors
  • Reciprocating Compressors

Germany 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
  • BOGE Anlagenbau GmbH & Co. KG
  • General Electric Co.
  • Hitachi Ltd.
  • Ingersoll-Rand PLC
  • Man Energy Solution SE
  • Quincy Compressor LLC
  • Senco Brands Inc.
  • Siemens AG
  • Stanley Black & Decker, Inc.
  • Sulzer Ltd.

The Report Covers

  • Comprehensive research methodology of the Germany 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 Germany industrial air compressor market.
  • Insights about market determinants which are stimulating the Germany 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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