“With compressed air transformed into a widely used form of energy, demand for portable air compressors is increasing. In addition, key market players are focusing on new innovations that affect market performance.
Portable Air Compressor Market: Key Findings
- Oil-free portable air compressors account for key market share, driven by light and low maintenance.
- The construction & construction industry continues to be a major application area for the installation of portable air compressors
- Large investments in oil & gas exploration activities are projected to drive demand in the coming years.
- Asia Pacific is expected to contribute more than half of the overall market revenue by the end of the forecast period.
Portable Air Compressor Market: Key Driven Factors
- The increasing use of portable air compressors in road work, packaging machines, and construction sites supports the increase in the market.
- Technological advances in air compression techniques by manufacturers are the main drivers of market growth.
- Increased use of robust energy efficient equipment increases global demand.
- Strict government regulations related to gas emissions standards will maintain demand.
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