Compressed Air Treatment Equipment Market Segmentation:
Component Segment Analysis
Compressor segment for compressed air treatment equipment market is expected to hold a share of 46% during the forecast period. The increasing demand for compressor components across a range of sectors is expected to drive considerable growth in the compressor component industry. In order to provide the required pressure for uses like manufacturing, building, and energy production, compressors are essential.
The demand for compressed air is only going to expand due to global manufacturing activities, infrastructure expansion, and industrialization. For instance, the amount of public and private money from the United States for a global effort to develop infrastructure in underdeveloped countries goes above and beyond the USD 30 billion estimate that was made public in May. China's Belt and Road Initiative, which is celebrating its tenth anniversary this year, is rivaled by the Partnership for Global Infrastructure and Investment, or PGI. By 2027, additional G7 members aim to raise USD 400 billion. Further supporting the projected growth is the development of compressor technology, which is centered on sustainability and energy efficiency as organizations look for more dependable and ecologically friendly ways to meet their compressed air needs.
End-use Segment Analysis
Manufacturing segment of compressed air treatment equipment market is expected to hold a share of 30% during the projected period. The market is witnessing a notable surge in the manufacturing sector owing to various factors, including the increasing demand for automation and pneumatic tools in production procedures. These systems provide stable and efficient power for a variety of applications, which increases productivity in manufacturing operations. Energy-efficient solutions are a focus for industries as well, and modern compressed air treatment equipment usually incorporates state-of-the-art technologies to optimize energy consumption. Due to tightening quality requirements and an increasing emphasis on precision manufacturing, the market is growing.
Our in-depth analysis of the global market includes the following segments
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