I. Technology-Driven Factors
Energy Efficiency and Environmental Technology Upgrades:
Carbon neutrality goals are driving the industry toward high-efficiency, low-consumption solutions. Technologies like permanent magnet variable frequency and magnetic levitation compressors are now widespread, reducing energy consumption by over 30%25.
Growing demand for oil-free compressors (e.g., in food processing and healthcare) has pushed the market size to $10.8 billion in 202416.