The Air Compressor Market Size Report is a thorough study of the current trends leading to this vertical trend in various regions. In addition, this study emphasizes thorough competition analysis on Industry prospects, especially growth strategies that industry experts claim.
The global Air Compressor Market size was USD 15.46 billion in 2020. The market is projected to grow from USD 15.88 billion in 2021 to USD 22.27 billion in 2028 at a CAGR of 4.9% in the 2021-2028 period.
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Air Compressor Market also provides accurate information and cutting-edge analysis that is necessary to formulate an ideal business plan, and to define the right path for rapid growth for all involved industry players. With this information, stakeholders will be more capable of developing new strategies, which focus on market opportunities that will benefit them, making their business endeavors profitable in the process.
COVID-19 Impact on Air Compressor Market:
The impact of coronavirus pandemic on India has been largely disruptive in terms of economic activity as well as a loss of human lives. Almost all the sectors have been adversely affected as domestic demand and exports sharply plummeted with some notable exceptions where high growth was observed. An attempt is made to analyze the impact and possible solutions for some key sectors. Adopting new principles like ‘shift towards localization, cash conservation, supply chain resilience and innovation’ will help businesses in treading a new path in this uncertain environment.
Prominent companies profiled in the Air Compressor Market report are:
ELGi Equipments Limited (Coimbatore, India), Atlas Copco AB (Nacka Municipality, Sweden), Sulzer Ltd. (Winterthur, Switzerland), Hitachi Ltd. (Tokyo, Japan), Ingersoll Rand (North Carolina, U.S.), Campbell Hausfeld (Ohio, U.S.), Mitsubishi Heavy Industries Ltd. (Tokyo, Japan), Doosan Infracore Portable Power (North Carolina, U.S.), Kirloskar Pneumatic Company Limited (Pune, India), Elliott Group Ltd. (Pennsylvania, U.S.), Siemens AG (Munich, Germany), MAN Energy Solutions (Augsburg, Germany), Bauer AG (Schrobenhausen, Germany), EBARA CORPORATION (Tokyo, Japan), Embraco LLC (Joinville, Brazil), KAESER KOMPRESSOREN (Coburg, Germany), AREA COOLING SOLUTIONS SA (Barcelona, Spain), BITZER Group (Sindelfingen, Germany), Indo Air (Gujrat, India), Vortex Compressor (Ankara, Turkey), Yiğitsan Compressor (Istanbul, Turkey), ALMiG Kompressoren GmbH (Köngen, Germany), Chicago Pneumatic Air Compressors (Chicago, U.S.), Quincy air compressors (Alabama, U.S.), BAC Compressors (Tamil Nadu, India)
January 2021: Sullair, which is a global producer of compressors, has lately inaugurated Tier 3 OFD1550 Oil Free Portable Compressor in its product collection.
Objectives of Air Compressor Market Report:
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Regional-level analysis of the top geographies:
North America (United States, Canada, and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe), Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia), South America (Brazil, Argentina, Colombia, and Rest of South America), Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa).
Reasons to Purchase Air Compressor Market Report:
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