via「Google News search」:https://www.benzinga.com/pressreleases/18/06/r11942084/stationary-air-compressor-market-from-manufacturing-to-hit-8-5bn-by-20

SELBYVILLE, Dela., June 27, 2018 /PRNewswire-iReach/ -- Stationary air compressor market will be driven by increasing automotive production in Asian countries. They are incorporated in automotive air conditioners and are used in almost all manufacturing activities around the globe. The advancements & developments in the North American mining and oil & gas sector will be another driving factor for stationary air compressor market growth.
They are used to operate pneumatic equipment, oil extraction, refining, pipeline transportation, etc. Moreover, substantial growth in house hold appliances industry in Asian region due to the positive GDP growth rates, industrial development and upsurge in personal income level will positively spur the product demand. This is all due to the extensive usage of the product in air conditioners, refrigerators and other home appliances.
Adoption of portable air compressors by oil & gas and other manufacturing industries is the key restraining factor for stationary air compressor market growth in future. The portable product is comparatively cheaper than the stationary one and provides ease of handling and high power & capacity, which will negatively affect the entire industry by 2024.


KeyWords Tag:air compressor parts supplier