According to 6Wresearch, Qatar Air Compressor Market size is projected to grow at a CAGR of over 4.5% during 2021-27. Rising investment in industrial, residential and social infrastructure development projects under various programs such as the Qatar National Vision 2030 and National Development Strategy (2018-22) would drive the demand for air compressors in Qatar in the near future. Further, the projects such as Lusail City, Qetaifan Island North and construction of two residential projects worth more than $1.37 billion by UrbaCon Trading and Contracting (UCC) are expected to have a positive impact on the upcoming construction projects in the commercial and residential domain of the country stimulating the demand for air compressors in Qatar over the years to come. By technology type, rotary air compressor constitutes the major revenue share in the air compressor market on account of rising demand from the oil & gas sector, residential sector and the increasing investment in the industrial sector of the country.
Key Highlights of the report:
- Qatar Air Compressor Market Overview
- Qatar Air Compressor Market Outlook
- Qatar Air Compressor Market Forecast
- Qatar Air Compressor Market Trends
- Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Qatar Air Compressor Market Share, By Company
- Market Competitive Benchmarking
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