Egypt Air Compressor Market Outlook (2021-2027)
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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