ASEAN Air Compressor Market to Register 3.6% CAGR during 2019–2024

The countries in Association of Southeast Asian Nations (ASEAN) are registering economic growth and infrastructural development, due to which the construction industry is growing at a swift pace. The combines value of mega-projects across ASEAN stood around $3 trillion,...

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ASEAN Air Compressor Market Projected to Generate $1.1 Billion in Near Future

The automotive and construction industries in Association of Southeast Asian Nations (ASEAN) region are growing rapidly. For example, the total vehicle (car) sales in Malaysia grew from 501,700 in 2017 to 565,000 in 2018. In addition to this, the combined value of megaprojects...

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How are Expanding Construction and Automotive Industries Driving ASEAN Air Compressor Market?

From garnering $902.9 million in 2018, the ASEAN air compressor market is predicted to generate $1,126.9 million by 2024, witnessing a 3.6% CAGR during the forecast period (2019–2024). A shift toward energy-efficient air compressors, flourishing automotive industry,...

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