Industrial Air Compressor Market Forecast to Surpass $42.9 Billion by 2026 | Nov 16, 20... - 0 views
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Almira Coyne on 17 Nov 23According to a new market research report, the industrial air compressor market is expected to grow from an estimated USD 32.7 billion in 2021 to USD 42.9 billion by 2026, at a CAGR of 5.6% during the forecast period. The rapid industrialization and increasing automation in emerging economies and inflow of investments and rising demand for oil-free compressors in food & beverages industry are the main driver for the industrial air compressor market. The increasing demand for energy-efficient air compressors and rapid transformation of IoT in the compressed air industry provide lucrative opportunities for the industrial air compressor market during the forecast period.