![Global Air Compressor Market](https://res.cloudinary.com/devmoveo/image/upload/v1705500635/skyquest/report/phpUrQfbb.jpg)
Report ID: SQSG20I2028
Report ID:
SQSG20I2028 |
Region:
Global |
Published Date: April, 2024
Pages:
247
|
Tables:
91 |
Figures:
76
Globally, Asia Pacific region dominated the air compressor market owing to high growth in government investments in infrastructure development and rapidly growing industrialization in the region. In addition, the regional market is majorly driven with the rising demand for air compressors in several applications including food and beverage, manufacturing, oil and gas industries, and home appliances. The presence of large market manufacturers of compressors in the region such as India and China coupled with the large base for electronics and semiconductors are further projected to drive the growth of the market.
Furthermore, North America is anticipated to grow at a significant pace over the forecast period. Early adoption of highly advanced technology, presence of key market players, and increased consumer disposable income are the key factors driving the growth of the market in the region. In addition, increasing consumer focus on easy-to-us and energy-efficient products is likely to have significant growth in the coming years.
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Report ID: SQSG20I2028