The global air compressors market is projected to reach $38.9 billion by 2021, according to a report published by Technavio, Elmhurst, Ill. Factors such as mergers and acquisitions, the introduction of next-generation air compressors and an increased focus on energy security are driving growth, the report says.
However, energy efficiency still remains a top priority in the coming years, specifically with energy savings in compressed air systems.