Industrial Air Compressor Market to Signify Strong Growth by (2023-2029)

The global industrial air compressor market is anticipated to grow at a considerable CAGR of 4.3% during the forecast period. Growth of cross border oil & gas network along with rising demand for efficient and advanced air compressors are the key factors driving the global industrial air compressor market. One of the finest examples of cross border oil & gas network is TAPI pipeline. India have always been seen as the key interesting party for sourcing gas via cross border pipelines from countries such as Iran, Turkmenistan and other Middle-East countries. The TAPI (Turkmenistan-Afghanistan-Pakistan-India) is primarily proposed for transporting Caspian Sea’s natural gas from Turkmenistan via Afghanistan into the Pakistan and lastly to India by covering around 1680 km. The four countries are expected to form a consortium that would build as well as operate the pipeline. This project is estimated to be completed by 2017-2018. Oil and gas industry being the key end user industry of industrial air compressors is expected to gain advantage through these emerging projects. Along with it, increasing energy consumption across the globe further propels the market growth of industrial air compressor market. As per the International Energy Outlook 2016, released by the U.S. Energy Information Administration estimated that the global energy consumption will rise by 48% during 2012-2040.

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Major regions are discussed here includes Europe, Middle East, Africa, North America, Latin America and Asia Pacific. Target audience has grown fast therefore it is important to understand their needs and nothing is better than referring a good Industrial Air Compressor Market research report as it covers all the details. Such report allows business owners to well-serve them. Market research also allows enhancing customers’ buying decision and provides detailed information on pricing structure of major regions. Important data collection about the entire market is essential for market growth and Industrial Air Compressor Market report is the best medium to attain this.

Industrial Air Compressor Market research report also allows testing novel product features and gathering feedback from target customers. It works as the best guide in the product development. Another key part covered in this Industrial Air Compressor Market report is it allows making effective communication with customers and understanding competitors in the market. It further aims at providing accurate view of where to stack up in comparison. It provides understanding of position of different competitors in the market to spot out their strengths as well as weaknesses to help key players in addressing them better. Thorough data provided here includes competitive analysis for the estimation period 2022-2028 allows getting actionable insights into a huge amount of data of competitors. Secondary research technique can also be used to collect important market data. Industrial Air Compressor Market research report refers to the activity of collecting data related to market preferences as well as requirements. It affects each aspect of the business including product, consumer service and the brand. Industrial Air Compressor Market report also allows following important steps to fulfill the needs and reduce the risk involved in the business. Latest corona virus related details are also shared in this market study report to make aware about current market position and its impact on 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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