Market Forecast By Technology (Rotary, Centrifugal, Reciprocating), By Types (Stationary, Portable), By Lubrication (Oil-Injected, Oil-Free), By Regions (Central, Western, Eastern, Southern) And Competitive Landscape
According to 6Wresearch, the Egypt Air Compressor Market is projected to grow at a CAGR of 8.6% during 2021-2027F. The major reason for growth in the Egypt air compressor market can be attributed to the upcoming projects including Middle East’s largest private medical city. Moreover, the increasing demand for oil exploration and mining operations along with advancements in energy & power generating sectors boosting the market of air compressors in the country. The advancement in energy and healthcare industries in Egypt will further augment the demand of air compressors in coming years.
Egypt air compressor market witnessed a steady growth during 2018-19 owing the growing infrastructural development across Egypt, rapid industrialization along with investments to develop cross border oil & gas pipeline networks and growing demand for energy efficient air compressors. However, the covid-19 pandemic brought a decline in market revenues during the year 2020 owing to the lockdown imposed in the country. The lockdown has led to a tremendous decline in the business including the food and beverages industry and industrial operational processes. This has hampered the manufacturing sector and has created disruption in the supply chain. Thus, resulted in decline in the demand for air compressors.
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Market by Technology Analysis
By technology, centrifugal air compressor acquired more than 60% of the market share in terms of revenue.
Key Highlights of the Report
- Egypt Air Compressor Market Overview
- Egypt Air Compressor Market Outlook
- Egypt Air Compressor Market Forecast
- Market Drivers and Restraints
- Porter’s Five Force Analysis
- Impact Analysis Of COVID-19
- Industry Life Cycle
- Competitive Benchmarking
- Company Profiles
- Market Trends
- Egypt Air Compressor Market Revenue Ranking, By Companies
- Key Strategic Recommendations
- Historical Data and Forecast of Egypt Air Compressor Market Revenues and Volume for the Period 2017-2027F
- Historical Data and Forecast of Egypt Air Compressor Market Revenues and Volume, By Types, for the Period 2017-2027F
- Historical Data and Forecast of Egypt Air Compressor Market Revenues, By Applications, for the Period 2017-2027F
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