Air Compressor Sector Outlook
The economic value generated by the #air #compressor industry was estimated at approximately USD 24.35 billion in 2022. With the burgeoning need to control the spread of the COVID-19 infection, governments worldwide implemented strict national lockdowns in 2020. This, in turn, hampered the growth of various sectors and industries. Likewise, the market for air compressors was also affected by the pandemic, witnessing a significant decline in sales and profits. Furthermore, the increasing cases of COVID-19 in various countries due to the second wave resulted in partial lockdowns across the globe. This has subsequently impacted the investments in the oil and gas industry along with the market’s growth.
Read More@ https://cutt.ly/jwM8KhY1
#AirCompressorIndustry #FutureOfCompressors #CompressorMarketGrowth #IndustrialAutomation2023 #CompressorSector2030 #InnovationInCompressors #ManufacturingIndustry2023 #CompressorTrends2030 #EnergyEfficiency #SustainableCompressors
The economic value generated by the #air #compressor industry was estimated at approximately USD 24.35 billion in 2022. With the burgeoning need to control the spread of the COVID-19 infection, governments worldwide implemented strict national lockdowns in 2020. This, in turn, hampered the growth of various sectors and industries. Likewise, the market for air compressors was also affected by the pandemic, witnessing a significant decline in sales and profits. Furthermore, the increasing cases of COVID-19 in various countries due to the second wave resulted in partial lockdowns across the globe. This has subsequently impacted the investments in the oil and gas industry along with the market’s growth.
Read More@ https://cutt.ly/jwM8KhY1
#AirCompressorIndustry #FutureOfCompressors #CompressorMarketGrowth #IndustrialAutomation2023 #CompressorSector2030 #InnovationInCompressors #ManufacturingIndustry2023 #CompressorTrends2030 #EnergyEfficiency #SustainableCompressors
9 months ago
