Air Compressor Market Strengthens as Industries Adopt Smart & IoT-Enabled Solutions
The air compressor market is set for steady growth, increasing from USD 26.60 billion in 2023 to USD 40.16 billion by 2031, registering a CAGR of 5.33%. This expansion is fueled by rising industrial applications, advancements in energy-efficient compressors, and increasing demand across industries like oil & gas, healthcare, manufacturing, and power generation.
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