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Air Compressor Market is expected to reach USD 22.35 Billion by 2025 | CAGR 3.24%

Air Compressor Market is valued at USD 17.88 Billion in 2018 and expected to reach USD 22.35 Billion by 2025 with the CAGR of 3.24% over the forecast period. The growth of Air Compressor market is primarily driven by increasing necessity to achieve greater productivity and energy efficient equipment in industrial verticals.    

An air compressor is equipment that converts power by using different components to provide required energy to various equipment’s which is stored in compressed air.  It is a machine that works by using an electric motor to give a power in the devices from the atmosphere. Air compressor drives in two phases which are: compression operation and the release operation. It has multiple uses for leisure and maintenance at home or in small to medium size businesses to get work done effectively. Air compressors are found in a wide range of environments for an even wider range of uses.

Air Compressor Market report is segmented on the basis type, technology, lubrication method, power rating, end-user industry and region & country level. Based upon type, air compressor market is segmented into portable and stationary.  On the basis technology, market is classified into reciprocating, rotary screw and rotary centrifugal. Based on lubrication method, market is segmented into oiled and oil-free. On the basis of power rating, air compressor market is segmented into 0-100 kW, 101-300 kW, 301-500 kW and 501 kW & above. On the basis end-user industry, market is classified into food & beverage, oil & gas, manufacturing, medical, power generation and others.

 The regions covered in this air compressor market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Air Compressor market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

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