Air Compressor Market Is Anticipated To Post A Robust CAGR of 4.1% During The Forecast Period
“ Air Compressor Market: Global Demand Analysis, Growth & Opportunity Outlook 2023 ” Air compressors are used in numerous industrial and non-industrial processes across the globe. It enables the supply and control of air and gas by compressing the gas inside the cylinders with the help of a piston. Air-compressor along with check-valves regulates the flow of gas according to the requirements in different industrial processes. Increasing utilization of rotary air compressors in heavy industrial applications is anticipated to foster the growth of air compressor market. Further, recent developments of rotary air compressor with new features are expected to expand the growth of rotary air compressor market. The global air compressor pump market is estimated to expand at a CAGR of 4.1% over the forecast period i.e. 2016-2023. Further, the global market of air compressor is projected to garner USD 36.2 Billion by 2021 on account of increasing adoption of cost-effec...
