Asia-Pacific Air Compressor Market is projected to reach USD 15.02 Billion by 2030

According to the study by Next Move Strategy Consulting, the Asia-Pacific Air Compressor Market size is projected to reach USD 15.02 billion, at a CAGR of 6.5% by 2030.

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The Asia Pacific air compressor market is driven by diverse factors. It is spurred by increasing car sales where air compressors are essential for powering pneumatic tools in vehicle assembly.

China dominates the share in Asia-Pacific air compressor market share. Increasing car sales in the country is a major growth driver for the demand of air compressors, particularly in the automotive manufacturing sector.

The key players operating in the Asia-Pacific air compressor industry include Atlas Copco Group, Ingersoll-Rand PLC, Hitachi Ltd., Siemens Energy AG, Kaeser Kompressoren, MAT Holding, Inc., Elgi Equipment Limited, Sulzer Ltd., Mitsubishi Heavy Industries, Ltd., Anest Iwata, and others.