Air & Gas Compressor Manufacturing
The Air and Gas Compressor Manufacturing industry has experienced mixed results over the five years to 2019. Since compressors and related products are integral components in most industrial applications, industry performance tends to fluctuate in line with domestic industrial production capacity, private investment in machinery and demand from emerging markets. During the first half of the current period, rising industrial production activity and strong demand from process industries in particular helped boost industry performance. However, sharp declines in the price of most commodities and deteriorating demand from the domestic and foreign energy sectors have hurt the industry between 2015 and 2017. Overall, industry revenue is expected to decrease during the current period. Over the five years to 2024, industry revenue is anticipated to increase, primarily due to rebounding demand from key industrial and general manufacturing markets
This industry manufactures air and gas compressors, parts for air and gas compressors and industrial spraying equipment.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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