Global Compressors and Vacuum Pumps Market is set to reach US$ 57.8 Billion by 2033, growing at a CAGR of 4.4%

NEWARK, Del, June 05, 2023 (GLOBE NEWSWIRE) -- The global compressors and vacuum pumps market size is likely to be valued at US$ 37.6 billion in 2023. The increasing expansion of the industrial sector is driving the market growth. The market is estimated to garner US$ 57.8 billion in 2033, recording a CAGR of 4.4% from 2023 to 2033.

The expanding industrial sector, particularly in developing economies, is driving the demand for compressors and vacuum pumps. Industries such as manufacturing, oil and gas, and chemicals require Increasing investments in infrastructure projects, including construction, power generation, and transportation, which contribute to the demand for compressors and vacuum pumps.

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Continuous innovation in compressor and vacuum pump technologies is leading to the development of more energy-efficient and environmentally friendly devices. Stringent environmental regulations regarding emissions and energy efficiency drive the adoption of advanced compressors and vacuum pumps.

Companies are focusing on developing products that comply with these regulations and help reduce environmental impact. The increasing trend of industrial automation and the adoption of smart manufacturing techniques create a demand for advanced compressed air and vacuum systems. These systems play a crucial role in automated production processes.

Key Takeaways:

"The increasing demand for energy-efficient, sustainable, and technologically advanced compressors and vacuum pumps is projected to play a vital role in strengthening the market . Increasing technological advances in the industrial sector are expected to drive the market in the forecast period ," – comments a lead analyst at FMI.

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Competitive L andscape:

Atlas Copco AB; Bauer Compressors Inc., Ariel Corporation; Baker Hughes Company; Aerzener Maschinenfabrik GmbH; are some of the prominent players in the compressor and vacuum pumps market.

Know More about this Market Report :

Future Market Insights offers an unbiased analysis of the global compressor and vacuum pump market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the compressor and vacuum pump market, the market is segmented based on product type and application across five major regions.

Market Segmentation:

By Product Type:

By Application:

By Region:

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Table of Content (ToC):

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.2. Scenario Forecast

3.3. Opportunity Map Analysis

3.4. Product Life Cycle Analysis

3.5. Supply Chain Analysis

3.6. Investment Feasibility Matrix

3.7. Value Chain Analysis

3.8. PESTLE and Porter's Analysis

3.9. Regulatory Landscape

3.10. Regional Parent Market Outlook

3.11. Production and Consumption Statistics

3.12. Import and Export Statistics

4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033

4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022

4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033

5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type

5.1. Introduction / Key Findings

5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product Type, 2018 to 2022

5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product Type, 2023 to 2033

5.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022

5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033

6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application

6.1. Introduction / Key Findings

6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2018 to 2022

6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2023 to 2033

6.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022

6.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033

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About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.

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