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What is Global Industrial Air Compressor Market Outlook about?
The global industrial air compressor market is expected to grow from $14.52 billion in 2020 to $23.34 billion by 2028 at a CAGR of 6.2% from 2021-2028. Asia-Pacific currently accounts for the largest market share of 36.43% due to growth in countries like China, Japan, and India. Within the market, positive displacement compressors have the largest share of 59.2%. The increasing use of compressed air in manufacturing applications and need for energy efficient compressors is driving market growth. Major playe
- Author
- Prajwal Khandare
- Language
- EN