India industrial air compressor market is estimated to grow modestly at a CAGR of around 6.2% during the forecast period. This growth can be attributed to the cohesive government policies in the country to promote the manufacturing industry of India. India is continuously working towards positioning itself as a major country in technological development and industrialization. The industrial manufacturing of electrical and metal products, cement, building and construction material, machinery and equipment, rubber, and plastic products, and so on offers a major contribution towards the Indian economy.
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According to the India Brand Equity Foundation (IBEF), the cumulative Foreign Direct Investment (FDI) in India’s manufacturing sector reached nearly $91.2 billion during April 2000-June 2019. Cohesive government initiatives such as “Make in India”, huge FDI inflow, and significant efforts of major manufacturing companies such as GE Healthcare, Siemens AG, HTC, Toshiba Corp., and Boeing AG to set up their manufacturing plants in India, is further anticipated to contribute towards the growth of the industrial air compressor market in the country.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
India Industrial Air Compressor Market by Type
- Portable
- Stationary
India Industrial Air Compressor Market by Technology
- Dynamic Displacement Compressors
- Axial Flow Air Compressors
- Centrifugal Compressors
- Positive Displacement Compressors
- Rotary Air Compressors
- Reciprocating Compressors
India Industrial Air Compressor Market by End-User
- Food & Beverages
- Oil & Gas
- Energy and Power
- Manufacturing
- Automotive
- Others (Construction and Mining)
Company Profiles
- Atlas Copco AB
- BAC Compressors
- BAUER COMPRESSORS INC.
- Curtis-Toledo, Inc
- ELGi Equipments Ltd.
- General Electric Co.
- Hitachi Ltd.
- Indo-Air Compressors Pvt. Ltd.
- Kirloskar Pneumatic Co. Ltd.
- Siemens AG
The Report Covers
- Comprehensive research methodology of the India industrial air compressor market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the India industrial air compressor market.
- Insights about market determinants which are stimulating the India industrial air compressor market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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