11/23/2023 0 Comments Quincy air compressor![]() ![]() Oil & Gas Terminal Automation Market Growth: The global oil & gas terminal automation market size is likely to surpass a valuation of US$ 1,406.04 million in 2023. The demand for modular construction is anticipated to progress at a CAGR of 7.4% to surpass US$ 199.11 billion by 2033. Modular Construction Market Demand: The global modular construction market is estimated to be valued at US$ 97.51 billion in 2023. Latin America Construction Equipment Market Sales: Latin America construction equipment market size is expected to grow from US$ 8,676.6 Million in 2022 to US$ 13,586.7 Million by the end of 2032. The global compact construction equipment market is expected to register a CAGR of 3.8% from 2023 to 2033. Extensive Coverage i n Industrial Automation Domain:Ĭompact Construction Equipment Market Analysis: The valuation of the total sales of compact construction equipment in the year 2023 is estimated to be US$ 224.1 billion. Rest of Asia Pacific Excluding Japan (APEJ)Įxplore F uture Market Insights, Inc.Reciprocating Industrial Air Compressor.Industrial Air Compressor Market Segmentation: Gain valuable insights into the North American and European Markets - improve your growth curve. Based on end users, the data center segment leads as it held a market share of 22.5% in 2022.Higher industrial and residential storage consumption is expected to flourish the segmental growth. Based on cooling type, the refrigerant segment held the leading market share of 20.6% in 2022.China thrives at a CAGR of 8.3% between 20.The growth is attributed to the nation going through industries 4.0 (Fourth Industrial Revolution) and advancing its manufacturing capacity. The Indian market thrives at a steady CAGR of 7.3% between 20.Higher economic activities, food and beverage production, and high-end research and development across Europe, including Germany, cause market growth. The German Industrial Air Compressor Market held a healthy market share of 11.6% in 2022.The factors attributed to the growth are new industries settling into the space, large manufacturing sites opening up, and enhanced healthcare centers. The United States held a market share of 28.5% in 2022. The United States market leads the North American Industrial Air Compressor Market in terms of market share in North America.Key Takeaways from th e Industrial Air Compressor Market Research Study: Optimize Your Operations - Get your Sample Report for Industrial Air Compressor Market: New industrial addition with the same old resources also increases the demand for industrial air compressors.The general manufacturing industry is also helping the market reach its goal. Lastly, the food and beverage industry is flourishing with the latest developments, such as more ready-to-eat meals and food products.The use of air compressors in the field includes filling the air in the vehicles, applying pesticides, and controlling robots. The government focuses on enhancing agriculture's present condition through modern-day irrigation and plowing techniques.Hence, the expanding healthcare facilities are propelling the market's success. The new healthcare systems and oxygen-compressing machines are adopting air compressors to transfer oxygen from storage to the ICU.Alongside this, the increase in amusement parks is also expected to increase the sales of industrial air compressors. Compressed air systems with consistent power delivery along with higher durability are anticipated to gain traction in the market during the forecast period.Furthermore, the wide range of manufacturing, automotive, dry cleaning, and healthcare industries are collectively expected to flourish the market growth. The highly reliable and industry-specific air compressors and the rising harsh environment are garnering market growth.Global Industrial Air Compressor Market Insights: The market is expected to be valued at US$ 3.12 billion in 2023, with a market share of US$ 6.86 billion by 2033. NEWARK, Del, J(GLOBE NEWSWIRE) - The Industrial Air Compressor Market is expected to grow at an 8.2% CAGR between 20. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |