and Australia . Moreover , China and India are expanding their regasification facilities . New cross border pipeline networks being planned for oil & gas transportation which would also drive the compressor market . The industrial air compressor market is driven by the rapid industrialization of emerging economies such as China , Saudi Arabia , India , South Africa , and other South Asian countries . Furthermore , the demand for advanced and efficient compressors has boosted the demand for air compressors in several manufacturing industries .
Asia-Pacific industrial air compressor market to witness the highest growth from 2016 to 2021
The report covers five major regions namely , Asia-Pacific , Europe , the Middle East and Africa , North America , and South America . The Asia-Pacific region is expected to witness high growth in the power generation , manufacturing , and food & beverages industries from 2016 to 2021 . Moreover , new policies for improved product quality by ISO ( International Standardization Organization ) are likely to boost demand for air compressors .
The report also provides an in-depth analysis of the competitive landscape , along with profiles of leading industrial air compressor market players such as Atlas Copco AB ( Sweden ), Mitsubishi Heavy Industries , Ltd . ( Japan ), Ingersoll-Rand plc ( Ireland ), Hitachi Ltd ( Japan ), and MAN SE ( Germany ). Key players are trying to penetrate emerging markets , and are adopting various strategies such as contracts and agreements , expansions , mergers & acquisitions , and new product launches to increase their market share .
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