The Global Market for Compressors and Vacuum Pumps is Forecast to Reach US$48.5 Billion by 2024
Slow Recovery in Industrial Production & the Ensuing Focus On New Strategies to Upgrade Productive Plant Assets to Drive Opportunities for Compressors and Vacuum Pumps, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Compressors and Vacuum Pumps market. The global market for Compressors and Vacuum Pumps is forecast to reach US$48.5 billion by 2024 , encouraged by the slow recovery in industrial Year on Year (YoY) production growth and the ensuing resurgence of operational focus on plant assets. As the current global economy struggles to recover, posting growth although anemic amid daunting challenges on all fronts, there are crucial growth opportunities in store for the compressors and vacuum pumps market. The market will witness business opportunities despite the macroeconomic challenges that make the market tough to operate...