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According to the latest survey by Global Market Insights, the air compressor market will achieve unprecedented growth in the next few years. The global air compressor market is expected to surpass the staggering $40 billion by 2024, and it is expected that the UK‘s own industrial air compressor market will change in the next few years. In this informative article, Linsheng Electrical Company highlighted the main findings of this report as we are exploring how the future air compressor market will develop.
Increased demand for rotary air compressors
The biggest benefit of this research is that the demand for rotary air compressors may increase. Impressively, rotary air compressors actually account for the largest share of the global market. Rotary air compressor revenues reached $1 billion in 2017 and are expected to grow at a compound annual growth rate (CAGR) of nearly 3.5%.
By 2024, the rotary air compressor market is expected to exceed the impressive $15 billion and account for the majority of the entire air compressor industry. The forecast is based on advanced technology and is increasingly used in mining, pharmaceutical and household appliances industries, to name a few. In addition, a combination of low maintenance costs and higher efficiency will also help drive the development of the rotary air compressor market.
With this in mind, compressed air systems such as rotary air screw compressors are expected to become more prevalent in the UK industrial market in the coming years. Rotary screw air compressors are gas compressors that are used when large amounts of high pressure air are required, such as when operating a jackhammer. This particular product is expected to grow steadily over the next few years.
Portable air compressors are becoming more and more popular
The increasing use of portable air compressors is primarily due to the ease of mobility. In the long run, easy transportation and efficient energy consumption are the main factors driving the development of the portable air compressor market.
Portable air compressors are the preferred compressor system for changing workstation locations, or where a single air compressor is used for multiple workstations. In addition, portable air compressors are preferred for use in offshore environments, such as oil rigs, where conventional compressors are not a viable option.
Implementing a compact design and construction also results in a reduced weight of the portable air compressor. Therefore, this helps reduce energy costs without affecting overall performance. Another factor that they are popular is that portable air compressors require less maintenance. The portable air compressor also features advanced mechanisms and accessibility features to make it easier for users to operate.
These innovations will greatly save the company‘s annual fuel costs. As air compressor systems are designed to be more sophisticated, they will certainly contribute to the growing popularity of the UK industrial market.
To find the right air compressor for your application, please contact Linsheng Electrical Company immediately by calling +86-18658228608 or visiting the official website at https://www.linsheng.com .
Linsheng Electrical Company - Future Trend Of Air Compressor Market
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原文地址：https://www.cnblogs.com/bertlinsheng/p/10930684.html
