: Latin America construction equipment market Latin America Construction Equipment Market Sales Is expected to register a CAGR of 3.8% from 2023 to 2033. The global compact construction equipment market : The valuation of the total sales of compact construction equipment in the year 2023 is estimated to be US$ 224.1 billion. Rest of Asia Pacific Excluding Japan (APEJ)Ĭompact Construction Equipment Market Analysis The company also produces process gas compressors and centrifugal air compressors.ĭiscounted Price Offer: Get access to your exclusive report at a discounted price Ingersoll Rand introduced reciprocating air compressors along with oil-flooded air compressors. The brand has also added rotary screw compressors with oil-free and oil-injected models. Howden Group introduced its reciprocating compressor series 'C' and 'P,' a fully integrated package with 17 MW power and high power units. Gain valuable insights into the North American and European Markets - improve your growth curve. Higher industrial and residential storage consumption is expected to flourish the segmental growth.īased on end users, the data center segment leads as it held a market share of 22.5% in 2022. The growth is attributed to the nation going through industries 4.0 (Fourth Industrial Revolution) and advancing its manufacturing capacity.Ĭhina thrives at a CAGR of 8.3% between 20.īased on cooling type, the refrigerant segment held the leading market share of 20.6% in 2022. The Indian market thrives at a steady CAGR of 7.3% between 20. Higher economic activities, food and beverage production, and high-end research and development across Europe, including Germany, cause market growth. The German Industrial Air Compressor Market held a healthy market share of 11.6% in 2022. The factors attributed to the growth are new industries settling into the space, large manufacturing sites opening up, and enhanced healthcare centers. The United States held a market share of 28.5% in 2022. The United States market leads the North American Industrial Air Compressor Market in terms of market share in North America. Optimize Your Operations - Get your Sample Report for Industrial Air Compressor Market: New industrial addition with the same old resources also increases the demand for industrial air compressors. The general manufacturing industry is also helping the market reach its goal. Lastly, the food and beverage industry is flourishing with the latest developments, such as more ready-to-eat meals and food products. The use of air compressors in the field includes filling the air in the vehicles, applying pesticides, and controlling robots. The government focuses on enhancing agriculture's present condition through modern-day irrigation and plowing techniques. Hence, the expanding healthcare facilities are propelling the market’s success. The new healthcare systems and oxygen-compressing machines are adopting air compressors to transfer oxygen from storage to the ICU. Alongside this, the increase in amusement parks is also expected to increase the sales of industrial air compressors. Furthermore, the wide range of manufacturing, automotive, dry cleaning, and healthcare industries are collectively expected to flourish the market growth.Ĭompressed air systems with consistent power delivery along with higher durability are anticipated to gain traction in the market during the forecast period. The highly reliable and industry-specific air compressors and the rising harsh environment are garnering market growth. Free maintenance is defined as an oil change, spark plug(s), blade sharpening, air and / or fuel filter.Between 20.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |