As many manufacturers of air compressors are present in the Asia Pacific region, especially in the nations like China as well as India the demand for these products will continue to grow in the coming years. As there has been rapid industrialization in various regions of the Asia Pacific region there shall be an increased need for air compressors.Īir compressors are used in many industries like the manufacturing industries, gas and oil industry, home appliances industry, beverages and food industry. As the government of various nations in the Asia Pacific region are engaged in making investments for the development of the infrastructure and for rapid industrialization. This segment has dominated the market in the past and it will continue to grow well in the coming years. The Asia Pacific region will have the largest market share in the coming years. Press Release For Air Compressor Market: These compressors are seen as environment-friendly products as they make very less noise and do not need a lot of fuel. The need for energy-efficient solutions has grown in recent years.Į) The use of these compressors helps in having better savings and a clean environment.

Poor practices and artificial demand will increase the losses in the industry.ĭ) As various nations are engaged in reducing the number of carbon emissions and also the reduction of greenhouse gases the need for sustainable products has increased. Due to a variety of driving factors, the market is predicted to rise at a significant rate.Ĭ) There are many factors that will hamper the growth of the market during the forecast period. Initiatives are taken by the government that increased industrial automation will also help in the growth of the market.Ī) As per the analysis shared by our research analyst, the Air Compressor Market is estimated to grow annually at a CAGR of around 5.5% over the forecast period (2022-2030).ī) In terms of revenue, the Air Compressor Market size was valued at around USD 31.86 Billion in 2021 and is projected to reach USD 55.98 Billion by 2030. The economic developments and the industrial developments have been more Indonesians like in Africa.

And this shall provide a major potential and it shall provide opportunities that will lead to the growth of the market. Industrialization will lead to an increase in manufacturing activities. There increased usage in the packaging, transportation, construction and pharmaceuticals industry will lead to the growth of the market. There are a large number of applications of air compressors in various industries. As these compressors provide more efficiency in terms of energy consumption and they also are more reliable therefore the market will continue to grow well. Conventional compressors are being replaced by Rotary compressors. Even though the supply chain and logistics functions were disrupted during the outbreak of the COVID-19 pandemic the market will still continue to grow well in the coming years. The market is expected to grow well in various nations across the globe as the demand for air compressors has increased in the gas and oil industry, manufacturing industry and other industries. 51).- Custom Market InsightsSANDY, UTAH, UNITED STATES, Septem/ / - According to the study, The Global Air Compressor Market was estimated at USD 31.86 Billion in 2021 and is anticipated to reach around USD 55.98 Billion by 2030, growing at a CAGR of roughly 5.5% between 20. Amendment filed 12-16-85 effective thirtieth day thereafter (Register 85, No. NOTE: Authority cited: Section 142.3, Labor Code. (b) Air compressor intake lines shall not be located in toxic atmospheres or atmospheres containing explosive concentrations of flammable gases or vapors. The relieving capacity of the pressure relieving safety device shall be such as to prevent a rise of pressure in the compressor cylinder of more than 10 percent above its maximum allowable working pressure, and the discharge shall be to a safe place. The pressure relieving safety device shall be set to open at a pressure not to exceed the rated working pressure of the cylinder. (a) Air compressor discharge lines having a block valve between the air receiver and compressor shall have a pressure relieving safety device installed in the line between the compressor and block valve.

General Plant Equipment and Special Operations

California air compressor