Kuwait Air Compressor Market (2020-2026)
Market Forecast By Types (Portable And Stationary), By Lubrication Method (Oil-Injected And Oil Free), By Technology (Rotary (0-75kW, 76-160kW And Above 160kW), Centrifugal (0-500kW And Above 500kW), Reciprocating (0-10kW And Above 10kW)), By Applications (Industrial, Construction, Oil & Gas, Food & Beverages And Others), By Regions (Central, Southern, Western And Eastern) And Competitive Landscape
According to 6Wresearch, Kuwait air compressor market size is forecast to grow at a CAGR of 3.9% during 2018-24. Major drop in oil prices in 2014 led to the downfall of the oil & gas industry in the country, resulting in a negative growth of Kuwait air compressor market. The stabilizing of oil prices and the increasing role of non-oil sector is expected to lead to positive growth of Kuwait air compressor market in 2018. The ambitious Kuwait Vision 2035 Plan, which aims to diversify the economy, is revitalizing the construction market in the country. Ongoing and upcoming infrastructural advancement in Kuwait is further escalating the demand for air compressors in the country.
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Key Highlights
Kuwait Air Compressor Market Overview
Kuwait Air Compressor Market Outlook
Kuwait Air Compressor Market ForecastKuwait Air Compressor Market Trends and Opportunities
Kuwait Air Compressor Market Overview on Competitive Landscape
Kuwait Air Compressor Market Share, By Players
Recent Market Trends
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