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.
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. 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.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. Air compressors are one of the prime machinery in any heavy industrial assembly line.The growing demand for the energy-efficient compressors will drive the industrial air compressors market in the forecast period. The industrial air compressors market was valued at USD 13.59 billion in 2018 and is expected to reach a value of USD 16.36 billion by 2024, at a CAGR of 3.33% during the forecast period 2019 - 2024. DUBLIN, J/PRNewswire/ - The "Industrial Air Compressors Market - Growth, Trends, and Forecast (2019 - 2024)" report has been added to 's offering.