Industrial Air Compressor Market: Worldwide Industry Analysis and New Market Opportunities Explored 2020 - 2030
Industrial Air Compressor Market: Introduction The global industrial air compressor market is anticipated to reach US$ 26.6 Bn by 2030. The industrial air compressor market is projected to expand at a CAGR of ~ 4% from 2020 to 2030 based on revenue. According to the report, Asia Pacific was a significant contributor to the industrial air compressor market in terms of revenue in 2019 . The prominent market share of the region is due to the high adoption of industrial air compressors. In Asia Pacific, China is a prominent revenue contributor to the industrial air compressor market. The industrial air compressor market in Asia Pacific is expected to expand at a high CAGR during the forecast period. Increase in Demand for Energy-efficient Air Compressors Driving Industrial Air Compressor Market Energy efficiency is the major concern associated with the use of air compressors. The growing consumer awareness about...