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© 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Reciprocating Air Compressor Market Growth, Application Analysis from 2017 to 2024 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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Global Market Scenario of Reciprocating Air Compressor Market Reciprocating Air Compressor Market size will surpass USD 6.4 billion by 2024; according to a new research report by Global Market Insights, Inc. High growth in the household appliances market will drive reciprocating air compressor demand as they are extensively used in refrigeration and air-conditioning systems. Asia Pacific is the most significant household appliances market experiencing high growth and increased production. Improving economic conditions, high GDP growth rates, increasing disposable income, and rapid urbanization are fueling the refrigerator and air-conditioner demand in Asia Pacific, mostly in China and India. The global air-conditioner market size in 2017 was more than 110 million units and is likely to boost the reciprocating air compressor demand as they are extensively used in refrigeration & air-conditioning systems. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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The global refrigerator & freezer production was around 200 million units in 2017 and the industry is likely to grow at a CAGR above 2.5% from 2017 to 2024. Noise pollution can be a restraining factor in the reciprocating air compressor market growth as government agencies of several countries have framed protocols related to the level of noise emitted from reciprocating air compressors. For example, the U.S. noise emission standard states that portable air compressors with a capacity of more than 250 cubic feet per minute should not produce a sound of more than 76 decibels. Continue:- © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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Request Sample Copy of This Research Report@ https://www.gminsights.com/request-sample/detail/2554 https://www.gminsights.com/request-sample/detail/2554 Europe Reciprocating Air Compressor Market Size, by Application, 2013 – 2024 (USD Million)
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Reciprocating air compressor market is categorized on the basis of product, technology, lubrication, application and region. According to the product, the industry is fragmented into portable and stationary. From these, the stationary air compressor will likely to generate more than USD 4.5 billion over the forecast timeframe. These types of compressors are widely used in manufacturing and other industries for supplying extra air at high pressures 360° Industry Analysis © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Request for customization: https://www.gminsights.com/roc/2554 https://www.gminsights.com/roc/2554
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Regional Analysis: China reciprocating air compressor market will generate more than USD 2 billion in 2024 owing to the large production units of home appliances coupled with substantial growth in automotive sector. This in turn will significantly fuel the Asia Pacific reciprocating air compressor market over the forecast spell. Competitive Analysis: Major reciprocating air compressor industry players include Sullair, LLC, Kaeser Kompressoren SE, Ingersoll-Rand, Gardner Denver., Elgi Compressors, Atlas Copco, Quincy Compressor, Vanair, Frank Technologies, Emersion Climate Technologies, Inc., Hertz and others. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Make An Inquiry To Purchase This Report @ https://bit.ly/2rFt8kX https://bit.ly/2rFt8kX
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Latest Research Report On Reciprocating Air Compressor Market @ https://bit.ly/2IgLEGn Request for sample of this research report@ https://bit.ly/2KZRA8L https://bit.ly/2KZRA8L © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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Stay In Touch You can visit us at: www.gminsights.comwww.gminsights.com Thank You…! © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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