Recent Developments in the European industrial air compressor market

The European industrial air compressor market is estimated to grow at a CAGR of around 3.8% during the forecast period (2024-2031). The market growth is driven by the rapid industrialization and increasing demand for energy-efficient compressors in the region. A significant rise in industrialization owing to the rise in government initiatives to promote industrialization and a substantial rise in the manufacturing sector, is additionally contributing to the market growth. European industrial air compressor market is segmented by technology (into dynamic displacement and positive displacement compressors), by type (into portable and stationary), by end-user (into food & beverages, oil and gas, manufacturing, energy, and power, automotive, and others) and by geography (into North America, Europe, Asia-Pacific, and Latin America and the Middle East and Africa).

Get Free Sample link @ https://www.omrglobal.com/request-sample/european-industrial-air-compressor-market

The major players in the global cough remedies market include Ingersoll-Rand PLC, Kobe Steel Ltd., Sulzer Ltd., Stanley Black & Decker, Inc, Hitachi Ltd., GE Oil & Gas, and Siemens AG, among others. The market players are contributing significantly to the market growth by the adoption of various business strategies, such as product development, mergers and acquisitions, partnerships, and more. 

Full report of European Industrial Air Compressor Market available @ https://www.omrglobal.com/industry-reports/european-industrial-air-compressor-market

Recent Developments

• In April 2023, ROTAIR SPA, a brand of ELGi Equipments Limited, announced the global launch of its MDVN34E and MDVN32B portable air compressors. The MDVN34E electric portable air compressoroffers construction sites 3400 liters/min compressed air, without the use of internal combustion engines. It is useful in municipalities and sites where diesel engines are banned. The MDVN32B petrol portable air compressor offers a 40HP petrol engine variant capable of delivering 3200 liters/min at a constant 7 bar, within the Stage V parameters. The performance is equal to diesel Stage V engines. An optional generator will be available within the units’ architecture. 
• In April 2023, ELGi unveiled its portfolio of oil-free, oil-lubricated compressors, and accessories at Hannover Messe. The products are designed for European customers. The compressors will have an integrated heat recovery system. The oil-lubricated screw compressor will feature a new permanent magnet synchronous motor. 
• In February 2023, ELGi Compressors Europe presented compressed air innovations at the Hannover Messe Compressed Air and Vacuum exhibition in Hannover, Germany. The product portfolio included ELGi AB Series, ELGi OF Series, ELGi EG Series, ELGi LD Series, and data-driven, end-to-end compressed air system audit assessment and remote monitoring tools.
• In May 2022, ELGi Compressors Europe launched the LD Series, the portfolio catering to various sectors including manufacturing, auto industry suppliers, OEMs, and food & beverage. The new ELGi LD Series 2.2 – 11kW lubricated direct drive reciprocating air compressors are available in piston air compressor technology. It features a cast-iron direct-driven two-stage compressor mounted on an air receiver and equipped with a Star-Delta-Starter as a standard. The resulting line of compressors provides maximum reliability and durability for small to medium-sized industrial applications.

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/european-industrial-air-compressor-market

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Article source: https://article-realm.com/article/Business/70545-Recent-Developments-in-the-European-industrial-air-compressor-market.html