Compressor Markets by Compressor Type, Lubrication Type, Portability, Pressure, Application - Global Industry Analysis and Growth Forecast to 2030 - ResearchAndMarkets.com
The "Compressor Market Research Report: By Compressor Type, Lubrication Type, Portability, Pressure, Application - Global Industry Analysis and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
- The "Compressor Market Research Report: By Compressor Type, Lubrication Type, Portability, Pressure, Application - Global Industry Analysis and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
- Valued at $39.9 billion in 2019, the global compressor market is predicted to generate $48.5 billion revenue in 2030, an advance of CAGR of 3.1% from 2020 to 2030.
- Compressors are extensively used in the automotive industry in various applications such as car painting, tire inflation, engine construction, and air conditioning systems.
- Besides this, the surging sales of heating, ventilation, and air conditioning (HVAC) systems is also propelling the growth of the compressor market.