Stationary Air Compressor Market to Soar at a CAGR 3% to 2024: Top Manufacturers Ingersoll-Rand, Kaeser, Atlas Copco, Gardner Denver
Global automotive industry growth will also positively impact the stationary air compressor market development till 2024. Increasing vehicle production in the Asia Pacific region will boost stationary air compressor's demand as they an integral part of every car air conditioner. The product is also used to power air brakes of heavy duty automobiles as well as commercial vehicles. Asia Pacific accounted for more than 50% of the worldwide production of automotive in 2016. Automotive production rates have been rising in...
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