Air Pressure Booster System Market Share

APAC Market Forecast

Air pressure booster system market in Asia Pacific is expected to hold a share of 35% during the forecast period. In the upcoming years, demand is probably going to stay high as the end-use sectors gradually recover. Oil & gas, bottle manufacturing, and other end-use sectors in the region will drive demand for pressure systems. For instance, the Asia-Pacific pharmaceutical plastic bottle industry was estimated to be worth 2.46 billion US dollars in 2022. All material kinds are expected to see an increase, with a projected value of about 3.6 billion US dollars in 2030. Therefore, the growing production of pharmaceutical plastic bottles is accelerating the market growth in the region. As long as there is a need for equipment over the projected time, Asia Pacific will be a major supplier of air pressure booster system. Air pressure booster system manufacturers will continue to gain from the region’s projected large increase in investment in oil & gas projects during the coming years.

North American Market Statistics

North American air pressure booster system market is poised to hold a share of 26% during the forecast period. There has been a considerable amount of infrastructure development in North America, including the installation of new structures, pipelines, and transit networks. In these projects, air pressure booster systems are essential because they supply the pressure required for compressed air networks, HVAC systems, and pneumatic tools. In addition, the region boasts a robust industrial base spanning multiple industries, including manufacturing, aerospace, automotive, and oil & gas. The market is expanding due to the presence of large corporations in the region. Innovative and more effective air pressure booster systems with cutting-edge features like smart controls and remote controls are constantly being developed by manufacturers. Therefore, all these factors are escalating the growth of the market in the region.