Air Compressor Market to Reach $26,850.35 Mn at a CAGR of 4.47% by 2023 - PowerPoint PPT Presentation

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Air Compressor Market to Reach $26,850.35 Mn at a CAGR of 4.47% by 2023

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The increase in adoption of energy efficient and robust air compressors across different industry verticals is expected to drive the demand for the air compressor market during the forecast period. Also, the increase in demand from the end-user industries such as food & beverage, oil & gas, manufacturing, and power generation is also expected to drive the market growth in the coming years. However, the utilization of high technical expertise, R&D, and accessories for enhancing the efficiency of compression in the equipment results in high installation and maintenance cost, which is expected to hinder the growth of the market. Get Sample@ The air compressor market in Asia-Pacific is expected to grow at the attractive rate during the forecast period, owing to rise in demand from end-user industries such as food & beverage, manufacturing and oil & gas, thus boosting the market growth. – PowerPoint PPT presentation

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