The displacement compressor market in China is expected to experience steady growth in both volume and value from 2024 to 2035. With a projected compound annual growth rate (CAGR) of +1.8% in volume and +2.1% in value, the market is set to reach 29 million units and $2.7 billion, respectively, by 2035.
This growth is driven by the increasing demand for turbo, rotary, and reciprocating displacement compressors across various industries in China. The market is anticipated to maintain its current upward trend over the next decade, with consistent growth expected during this period.
By 2035, the market volume is forecasted to reach 29 million units, while its value is expected to grow to $2.7 billion at nominal wholesale prices.
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