Why Industrial Air Compressor Market Reach to $34.87 Billion till 2021 with Rapid Growth?
The report "Industrial Air Compressor Market by Type (Positive Displacement & Dynamic), Maximum Pressure (0–20 bar, 20–100 bar & above), Output Power (0–50 kW, 50–250 kW, 250–500 kW & above), Seal (Oil immersed & Oil free), End-Use - Global Forecast to 2021", The industrial air compressor market is projected to grow from an estimated USD 25.71 Billion in 2016 to USD 34.87 Billion by 2021, at a CAGR of 6.3%. Expansion of liquefaction and regasification facilities across globe, rising demand for energy efficient compressors, and rapid industrialization in emerging economies are the key driving factors for industrial air compressors.
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