Europe Air Compressor Market is projected to reach USD 6.78 Billion by 2030

According to the study by Next Move Strategy Consulting, the Europe Air Compressor Market size is projected to reach USD 6.78 billion, at a CAGR of 4.7% by 2030.

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In Europe, the demand for air compressors is being driven by various industries and factors across the continent. The construction industry needs pneumatic tools such as nail guns and jackhammers which boosts the growth of Europe air compressor market growth.

Germany dominates the Europe air compressor market share. The presence of stringent regulation in Germany with increasing governmental expenditure in support of energy efficiency programs accelerates the adoption of air compressor as businesses strive to reduce both operational costs and their environmental footprint.

The market players operating in the Europe 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.