PUBLISHER: Grand View Research | PRODUCT CODE: 1588463
PUBLISHER: Grand View Research | PRODUCT CODE: 1588463
The global tandem piston compressor market size was estimated at USD 5.81 billion in 2023 and is anticipated to grow at a CAGR of 4.5% from 2024 to 2030. Increasing industrialization and the rising demand for compressed air across various sectors, such as Oil Refineries and construction, are significant contributors. As industries strive for energy efficiency, tandem piston compressors are favored for their ability to deliver high efficiency and reliability, making them ideal for heavy-duty applications.
Moreover, technological advancements are enhancing the performance and functionality of tandem piston compressors, enabling them to meet stringent regulatory standards and customer requirements. The shift towards automation and the increasing use of pneumatic tools in industrial settings further drive demand, as these compressors are essential for operating such equipment effectively.
Global Tandem Piston Compressor Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis of the industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global tandem piston compressor market report based on the type, stage, application, and region: