The industrial air compressors market was valued at USD 14.04 billion in 2019 and is expected to reach a value of USD 16.90 billion by 2025, at a CAGR of 3.33% during the forecast period (2020 – 2025). The growing demand for the energy-efficient compressors will drive the industrial air compressors market in the forecast period.
– Air compressors are one of the prime machinery in any heavy industrial assembly line. The applications range from heavy air compressors used in industrial gases and the petrochemical sector to simple spray guns used in the automotive manufacturing sector.
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– Applications of industrial air compressors are also found in the oil and gas sector, food and beverages manufacturing, general manufacturing, construction, mining, and healthcare sectors. Compressed air is an accessible means of powering the manufacturing environment in several industries because it is considered cheaper and safer than many electric and hydraulic equipment.
– The increase in the use of the compressed air system has led the industry to adopt an efficient system as highly compressed air generally uses powerful pumps in the background to achieve the level of compression. Additionally, the air compressor system also requires additional liquid cooling or air cooling system to dispense the generated heat which adds to cost.
– The European Union and other countries have passed numerous laws aimed at reducing CO2 emissions and is expected to drive further efficiency related research activities in the market.
Scope of the Report
An industrial air compressor is a device which use an electric motor to convert power into potential energy in compressed air which is then forced to the storage tanks by these air compressors by increasing the pressure which shuts off when the tank pressure reaches the air limit. Then the compressed air is then used in various industries by utilizing the kinetic energy of the air when it is released.
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