Market Research Industry Today
Air Compressors Market to Witness Robust Expansion by 2025 - QY Research, Inc.
Air Compressor is a device that converts power (usually from an electric motor, a diesel engine or a gasoline engine) into kinetic energy by compressing and pressurizing air. The energy in the compressed air can be stored while the air remains pressurized. The energy can be used for a variety of applications, usually by utilizing the kinetic energy of the air as it is depressurized.
As Chinese overall economic downward trend in the past few years, and international economic situation is complicated, in the next few years there will be many uncertainties, and coupled with Air Compressor industry in short supply on the market in the past few years, more and more companies enter into Air Compressor industry, the current demand for Air Compressor product is relatively low, lack of demand, excess supply. Ordinary Air Compressor products on the market do not sell well, Air Compressor’s price is lower than past years. The signal of market price change indicates the trend in the Air Compressor industry, low-end product has excess capacity, and high-end product is in short supply.
Each of the Air Compressors manufacturers has its own mature sales networks. Through retail stores, their authorized distributors or their partners, those Air Compressors manufacturers keep keen on expanding their Air Compressors sales. To achieve better sales businesses, Air Compressors manufacturers usually invest on their marketing channel infrastructure every year.
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The global Air Compressors market is valued at 15300 million USD in 2017 and is expected to reach 20000 million USD by the end of 2025, growing at a CAGR of 3.4% between 2018 and 2025.
This research report categorizes the China and global Air Compressors market by type, end-use industry, and region.
International Manufacturers Covered
China Local Manufacturers Covered
Reciprocating Air Compressor
Screw air compressors
Centrifugal Air Compressor
Petrochemical and chemical
Mining and Metallurgy
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