Taiwan Air Compressor Market is projected to reach USD 599.5 Million by 2030

According to the study by Next Move Strategy Consulting, the Taiwan Air Compressor Market size is projected to reach USD 599.5 million, at a CAGR of 7.9% by 2030.

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The growth in the number of oil and gas plants in Taiwan is a significant catalyst for the demand for air compressors.

The Taiwanese government aims to reduce energy consumption and minimize carbon footprints, air compressors play a crucial role in achieving these objectives.

The market players operating in the Taiwan 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., and Anest Iwata, among others.