Published by mark itwired
Posted on August 10, 2021
2021 Analysis and Review: Industrial Air Compressor Market by Technology – Rotary, Reciprocating, Centrifugal, and Axial for 2021 – 2031
The industrial air compressor market report by ESOMAR-certified consulting firm Future Market Insights’ projects an expansion of over 4.6% CAGR through 2021. The market is anticipated to register high growth due to surging demand from diverse end-use industries such as oil & gas, automotive & transportation, and food & beverage.
With rapid industrialization and increasing investment in mechanical equipment, the demand for industrial air compressor within oil and gas industry is expected to witness steady growth over the forecast period.
Expansion of oil & gas industry across various regions such as the U.S., India, China and GCC countries will bolster the growth of industrial air compressor market. Demand for rotary type industrial air compressors from various end-use sectors such as oil & gas will foster the sales throughout the forecast period.ADVERTISEMENT
Increasing investment for the expansion of oil & gas industry across the Middle East & Africa region is giving a boost to the demand of the industrial air compressor market. Extensive application of industrial air compressor in oil & gas pipelines across India, China, Russia and others is creating wide growth opportunities for the leading market players.
Increasing focus in the investment for brownfield & greenfield projects, coupled with enhanced research & development activities for sustainable solutions are providing ample of opportunities for the market players. As per FMI’s analysis, the industrial air compressor market will surpass the valuation of US$ 26.7 billion in 2021.
“Increasing need for sustainable and economical solutions for power generation within various end-use sectors such as food & beverage, oil & gas, and transportation are creating opportunities for expansion within the market,” says the FMI analyst.
For more Insights into the Market, Request a Sample of this Report https://www.futuremarketinsights.com/reports/sample/rep-gb-2885
Key Takeaways from FMI’s Industrial Air Compressor Market Study
Competitive Landscape
According to FMI, the market is highly consolidated, in which leading players are accounted for over 75% of the market share. Key manufacturers are focusing on offering customized solutions to appropriate end-use industries. Product innovation and adoption of high-end technology are also the strategies adopted by some large-scale and mid-scale manufacturers.
Some of the key players profiled by Future Market Insights include:
Get Customization on this Report for Specific Country https://www.futuremarketinsights.com/customization-available/rep-gb-2885
More Insights on the Global Industrial air compressor Market
In its latest report, FMI offers an unbiased analysis of the global industrial air compressor market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of:
By Technology
By Capacity
By Compression Stage
Region
Key Questions Covered in the Report
For any Queries Linked with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-2885
Explore FMI’s Extensive Coverage on the Industrial Automation Domain
Variable Displacement Compressor Market: In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights about key factors driving demand for variable displacement compressor. The report tracks the global sales of variable displacement compressor in 20+ high-growth markets, along with analyzing the impact COVID-19 has had on automotive industry in general, and automotive tires in particular.
Commercial RAC PD Compressor Market: The global commercial RAC PD compressor market report by FMI sheds light on the important growth dynamics expected to prevail across the 2021-2031 assessment period. Statistics of key segments have been provided across prominent geographies, along with a detailed mapping of the global competitive landscape, rendering this insight a highly effectual one.
Industrial Air Heater Market: In its new report, the Future Market Insights (FMI) offers an exhaustive overview of the global industrial air heater market with focus on the key market dynamics, including drivers, trends, opportunities, restraints, and detailed information about the global industrial air heater market structure. The market study presents exclusive information about how the market will grow during the forecast period of 2021 to 2031.
2021 Analysis and Review: Industrial Air Compressor Market by Technology – Rotary, Reciprocating, Centrifugal, and Axial for 2021 – 2031
The industrial air compressor market report by ESOMAR-certified consulting firm Future Market Insights’ projects an expansion of over 4.6% CAGR through 2021. The market is anticipated to register high growth due to surging demand from diverse end-use industries such as oil & gas, automotive & transportation, and food & beverage.
With rapid industrialization and increasing investment in mechanical equipment, the demand for industrial air compressor within oil and gas industry is expected to witness steady growth over the forecast period.
Expansion of oil & gas industry across various regions such as the U.S., India, China and GCC countries will bolster the growth of industrial air compressor market. Demand for rotary type industrial air compressors from various end-use sectors such as oil & gas will foster the sales throughout the forecast period.ADVERTISEMENT
Increasing investment for the expansion of oil & gas industry across the Middle East & Africa region is giving a boost to the demand of the industrial air compressor market. Extensive application of industrial air compressor in oil & gas pipelines across India, China, Russia and others is creating wide growth opportunities for the leading market players.
Increasing focus in the investment for brownfield & greenfield projects, coupled with enhanced research & development activities for sustainable solutions are providing ample of opportunities for the market players. As per FMI’s analysis, the industrial air compressor market will surpass the valuation of US$ 26.7 billion in 2021.
“Increasing need for sustainable and economical solutions for power generation within various end-use sectors such as food & beverage, oil & gas, and transportation are creating opportunities for expansion within the market,” says the FMI analyst.
For more Insights into the Market, Request a Sample of this Report https://www.futuremarketinsights.com/reports/sample/rep-gb-2885
Key Takeaways from FMI’s Industrial Air Compressor Market Study
Competitive Landscape
According to FMI, the market is highly consolidated, in which leading players are accounted for over 75% of the market share. Key manufacturers are focusing on offering customized solutions to appropriate end-use industries. Product innovation and adoption of high-end technology are also the strategies adopted by some large-scale and mid-scale manufacturers.
Some of the key players profiled by Future Market Insights include:
Get Customization on this Report for Specific Country https://www.futuremarketinsights.com/customization-available/rep-gb-2885
More Insights on the Global Industrial air compressor Market
In its latest report, FMI offers an unbiased analysis of the global industrial air compressor market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of:
By Technology
By Capacity
By Compression Stage
Region
Key Questions Covered in the Report
For any Queries Linked with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-2885
Explore FMI’s Extensive Coverage on the Industrial Automation Domain
Variable Displacement Compressor Market: In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights about key factors driving demand for variable displacement compressor. The report tracks the global sales of variable displacement compressor in 20+ high-growth markets, along with analyzing the impact COVID-19 has had on automotive industry in general, and automotive tires in particular.
Commercial RAC PD Compressor Market: The global commercial RAC PD compressor market report by FMI sheds light on the important growth dynamics expected to prevail across the 2021-2031 assessment period. Statistics of key segments have been provided across prominent geographies, along with a detailed mapping of the global competitive landscape, rendering this insight a highly effectual one.
Industrial Air Heater Market: In its new report, the Future Market Insights (FMI) offers an exhaustive overview of the global industrial air heater market with focus on the key market dynamics, including drivers, trends, opportunities, restraints, and detailed information about the global industrial air heater market structure. The market study presents exclusive information about how the market will grow during the forecast period of 2021 to 2031.
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