- Compressor parts and accessories are dynamic power sources for many industries, as they are used in a variety of low to medium and medium to high pressure applications.
- In addition, compressor parts and accessories are used for different industrial settings in factories or industries that have 24 hour daily operations.
- The parts and accessories can work continuously and for long, depending on the environment they are used, so as to benefit the profit and production of industries.
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Key driver of compressor parts and accessories market
- Growing adoption of compressor parts and accessories in different industries across the globe
- Compressor parts and accessories are widely used in different industries such as oil and gas, food and beverages, aerospace and defense, automotive, marine, mining, and transportation due to the large scale application of heavy equipment industries, which is expected to enhance the demand for compressor parts and accessories across the globe.
- Furthermore, manufacturers are increasingly investing in research and development activities to develop new and innovative techniques to manufacture compressed parts and accessories across the globe.
- In addition, advanced features of compressed parts and accessories that includes fast cutting in shorter time, highly efficient and reliable parts and accessories, easy control, maximum life, cost effective operations, and automatic switch on – off option is expected to fuel the compressed parts and accessories market over the forecast period.
- Moreover, manufacturers are striving to gain competitive edge through increasing product differentiation.
- Asia Pacific Is expected to exhibit the highest growth followed by North America in compressed air parts and accessories market
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- Geographically, the highest growth is forecast for Asia Pacific followed by North America, due to the rising investments in food and beverages and chemical industries across these regions, which is expected to fuel the growth of global compressor parts and accessories market.
- In addition to it, growing non-conventional applications for compressed air and fluids has direct impact on parts and accessories demand across all regions
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Global Compressor Parts and Accessories Market–Competition Landscape
- Elgi Equipments Ltd.
- Ingersoll Rand Inc
- Campbell Hausfeld
- Atlas Copco
- Makita Corporation
- DeWalt
- Milwaukee Electric Tool Corporation
- Pulford Air & Gas Pty Ltd
- Hankison International, Inc.
- Chicago Pneumatic
- Sullair
- Others
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