Compressed Air Treatment Equipment Market Analysis and Global Forecast 2023-2033
$ 1,390.00 – $ 5,520.00
Compressed Air Treatment Equipment Market Research Report: By Technology (Filters, Dryers, Air coolers, Others), By Component (Plant Air/Shop Air, Process Air, Instrument Air, Breathing Air, Others), By End-use (Chemicals, Food & Beverage, Automotive, Pulp & Paper, Medical & Health, Others), and by Region — Forecast till 2033
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Compressed Air Treatment Equipment Market Overview
The Compressed Air Treatment Equipment Market Size is expected to reach USD 12.69 Billion by 2033. The Compressed Air Treatment Equipment industry size accounted for USD 8.47 Billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 11.65% from 2023 to 2033. The compressed air treatment equipment market encompasses devices and technologies designed to improve the quality and reliability of compressed air systems. This market includes air compressors, dryers, filters, and separators that remove contaminants, moisture, and oil from compressed air. Key drivers for growth include increasing industrial automation, the need for energy efficiency, and stringent regulations on air quality. Applications span across various industries, including manufacturing, automotive, and pharmaceuticals. Technological advancements and a growing focus on sustainable solutions are also shaping the market dynamics.
Global Compressed Air Treatment Equipment Market Synopsis
COVID-19 Impact Analysis
The COVID-19 pandemic has led to supply chain disruptions leading to supply shortages or lower demand in the Compressed Air Treatment Equipment market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.
Global Compressed Air Treatment Equipment Market Dynamics
The major factors that have impacted the growth of Compressed Air Treatment Equipment are as follows:
Drivers:
⮚ Technological Advancements
Innovations in compressed air treatment technology, including advancements in filtration, drying, and monitoring systems, enhance performance and reliability. Smart technologies that enable real-time monitoring and predictive maintenance are becoming increasingly popular, driving market growth.
Restraint:
- Technological Complexity
The increasing sophistication of compressed air treatment technology can pose challenges. More complex systems require specialized knowledge for operation and maintenance. Companies may need to invest in training for their staff or hire skilled personnel, which can be an additional financial burden.
Opportunity:
⮚ Increasing Focus on Industrial Automation
As industries continue to adopt automation technologies, the demand for high-quality compressed air systems that support automated processes grows. This trend presents opportunities for companies to develop and market advanced air treatment equipment that can enhance the performance and reliability of automated systems.
Compressed Air Treatment Equipment Market Segment Overview
By Technology
Based on the Technology, the market is segmented based on Filters, Dryers, Air coolers, Others. the Filters segment typically dominates, as they are essential for removing contaminants and ensuring the cleanliness of compressed air across various applications.
By Component
Based on the Component, the market has been divided into Plant Air/Shop Air, Process Air, Instrument Air, Breathing Air, Others. the Plant Air/Shop Air segment generally dominates due to its widespread use across various industrial applications for general operations and maintenance.
By End-use
Based on End-use, the market has been divided into Chemicals, Food & Beverage, Pharmaceuticals, Others. the Food & Beverage segment typically dominates due to its high demand for stringent air quality standards to ensure product safety and quality.
Global Compressed Air Treatment Equipment Market Regional Analysis
Based on region, the market has been divided into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. The area of North America is anticipated to dominate the market for the usage of Compressed Air Treatment Equipment, followed by those in Asia-Pacific and Europe.
Compressed Air Treatment Equipment North America Market
North America dominates the Compressed Air Treatment Equipment market due to several factors. The market for compressed air treatment equipment in North America was valued at USD 3.62 billion in 2022 and is projected to increase at a substantial compound annual growth rate (CAGR) throughout the course of the study. Clean, dry air increases machine longevity, improves product quality, and reduces maintenance costs. Because of this, there has been an increase in the need for compressed air treatment equipment in many industries, and this trend is probably going to continue throughout the region over the projection period.
Compressed Air Treatment Equipment Asia Pacific Market
The Asia-Pacific region has been witnessing remarkable growth in recent years. The expanding usage of contemporary automation technology in several production units is expected to fuel compressed air treatment equipment sales in this region, giving the Asia-Pacific compressed air treatment equipment market the second-largest market share. Furthermore, the compressed air treatment equipment market in India was the fastest-growing market in the Asia-Pacific region, while the air compressor filtration market in China held the biggest market share.
Competitive Landscape
The competitive landscape includes key players (tier 1, tier 2, and local) having a presence across the globe. Companies such as Atlas Copco Corporation, Airfilter Engineering, ALPHA-PURE, Beko Technologies, and BOGE Compressors are some of the leading players in the global Compressed Air Treatment Equipment Industry. These players have adopted partnership, acquisition, expansion, and new product development, among others as their key strategies.
Key Market Players:
- Atlas Copco Corporation
- Airfilter Engineering
- ALPHA-PURE
- Beko Technologies
- BOGE Compressors
- Chicago Pneumatic
- Donaldson Company, Inc
- Gem Equipment’s Ltd
- Industrial Air Power
- Kaeser Compressors, Inc
Key development:
In September 2022, Atlas Copco Corporation launched a new line of energy-efficient air compressors and air treatment solutions, emphasizing advancements in sustainability and reduced operational costs.
Scope of the Report
Global Compressed Air Treatment Equipment Market, by Technology
- Filters
- Dryers
- Air coolers
- Others
Global Compressed Air Treatment Equipment Market, by Component
- Plant Air/Shop Air
- Process Air
- Instrument Air
- Breathing Air
- Others
Global Compressed Air Treatment Equipment Market, by End-use
- Chemicals
- Food & Beverage
- Automotive
- Pulp and Paper
- Medical & Health
- Others
Global Compressed Air Treatment Equipment Market, by Region
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Benelux
- Nordic
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Indonesia
- Austalia
- Malaysia
- India
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of Middle East & Africa
| Parameters | Indicators |
|---|---|
| Market Size | 2033: USD 12.69 Billion |
| CAGR (2023-2033) | 11.65% |
| Base year | 2022 |
| Forecast Period | 2023-2033 |
| Historical Data | 2021 (2017 to 2020 On Demand) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Key Segmentations | Technology, Component, End-use |
| Geographies Covered | North America, Europe, Asia-Pacific, South America, Middle East, Africa |
| Key Vendors | Atlas Copco Corporation, Airfilter Engineering, ALPHA-PURE, Beko Technologies, BOGE Compressors, Chicago Pneumatic, Donaldson Company, Inc, Gem Equipment’s Ltd, Industrial Air Power, Kaeser Compressors, Inc. |
| Key Market Opportunities | · The increasing demand for compressed air treatment equipment from numerous applications. |
| Key Market Drivers | · The rise in the demand for effective compressed air treatment equipment |
REPORT CONTENT BRIEF:
- High-level analysis of the current and future Compressed Air Treatment Equipment Industry trends and opportunities
- Detailed analysis of current market drivers, restraining factors, and opportunities analysis in the future
- Historical market size for the year 2021, and forecast from 2023 to 2033
- Compressed Air Treatment Equipment market share analysis for each segment
- Competitor analysis with a comprehensive insight into its product segment, financial strength, and strategies adopted.
- Identifies key strategies adopted by the key players including new product development, mergers and acquisitions, joint ventures, collaborations, and partnerships.
- To identify and understand the various factors involved in the global Compressed Air Treatment Equipment market affected by the pandemic
- To provide year-on-year growth from 2022 to 2033
- To provide short-term, long-term, and overall CAGR comparison from 2022 to 2033.
- Provide Total Addressable Market (TAM) for the Global Compressed Air Treatment Equipment Market.
Frequently Asked Questions (FAQ)
What are the 10 Years CAGR (2023 to 2033) of the global Compressed Air Treatment Equipment market?
The global Compressed Air Treatment Equipment market is growing at a CAGR of ~11.65% over the next 10 years
Which region has the highest growth rate in the market of Compressed Air Treatment Equipment?
Asia Pacific is expected to register the highest CAGR during 2023-2033
Which region accounted for the largest share of the market of Compressed Air Treatment Equipment?
North America holds the largest share in 2022
Major Key Players in the Market of Compressed Air Treatment Equipment?
Atlas Copco Corporation, Airfilter Engineering, ALPHA-PURE, Beko Technologies, BOGE Compressors, Chicago Pneumatic, Donaldson Company, Inc, Gem Equipment’s Ltd, Industrial Air Power, Kaeser Compressors, Inc
Do you offer Post Sale Support?
Yes, we offer 16 hours of analyst support to solve the queries
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Yes, we do provide regional as well as country-level reports. Other than this we also provide a sectional report. Please get in contact with our sales representatives.
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Table of Content
CHAPTER 1. Executive Summary CHAPTER 2. Scope of the Study 2.1. Market Definition 2.2. Market Scope & Segmentation 2.2.1. Objective of Report CHAPTER 3. Evolve BI Methodology 3.1. Data Collection & Validation Approach 3.2. Market Size Estimation and Forecast CHAPTER 4. Exclusive Analysis 4.1. Market Opportunity Score 4.1.1. Technology Segement – Market Opportunity Score 4.1.2. Component Segment – Market Opportunity Score 4.1.3. End-use Segment – Market Opportunity Score 4.2. Key Market Influencing Indicators CHAPTER 5. Market Insights and Trends 5.1. Value Chain Analysis 5.1.1. Raw Material 5.1.2. Manufacturing Process 5.1.3. Distribution Channel 5.1.4. End User 5.2. Porter’s Five Forces Analysis 5.2.1. Bargaining Power of Buyers 5.2.2. Bargaining Power of Suppliers 5.2.3. Threat of New Entrant 5.2.4. Threat of Substitute 5.2.5. Industry Rivalry 5.3. COVID-19 Impact and Post COVID Scenario on Compressed Air Treatment Equipment Market 5.3.1. Impact of COVID-19 5.3.2. Government Support and Industry Revival Policies 5.3.3. Measures Taken by Companies to Mitigate Negative Impact 5.3.4. Post COVID Trend CHAPTER 6. MArket Dynamics 6.1. Introduction 6.2. Drivers 6.2.1. Driver 1 6.2.2. Driver 2 6.2.3. Driver 3 6.3. Restraints 6.3.1. Restraint 1 6.3.2. Restraint 2 6.4. Opportunity 6.4.1. Opportunity 1 CHAPTER 7. Global Compressed Air Treatment Equipment Market, By Technology 7.1. Introduction 7.1.1. Filters 7.1.2. Dryers 7.1.3. Air coolers 7.1.4. Others CHAPTER 8. Global Compressed Air Treatment Equipment Market, By Component 8.1. Introduction 8.1.1. Plant Air/Shop Air 8.1.2. Process Air 8.1.3. Instrument Air 8.1.4. Breathing Air 8.1.5. Others CHAPTER 9. Global Compressed Air Treatment Equipment Market, By End-use 9.1. Introduction 9.1.1. Chemicals 9.1.2. Food & Beverage Pharmaceuticals 9.1.3. Others CHAPTER 10. Global Compressed Air Treatment Equipment Market, By Region 10.1. Introduction 10.2. NORTH AMERICA 10.2.1. North America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million) 10.2.2. North America: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.2.3. North America: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.2.4. North America: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.2.5. US 10.2.5.1. US: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.2.5.2. US: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.2.5.3. US: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.2.6. CANADA 10.2.6.1. Canada: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.2.6.2. Canada: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.2.6.3. Canada: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.2.7. MEXICO 10.2.7.1. Mexico: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.2.7.2. Mexico: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.2.7.3. Mexico: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.3. Europe 10.3.1. Europe: Market Size and Forecast, By Country, 2023 – 2033 ($ Million) 10.3.2. Europe: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.3.3. Europe: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.3.4. Europe: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.3.5. U.K. 10.3.5.1. U.K.: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.3.5.2. U.K.: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.3.5.3. U.K.: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.3.6. GERMANY 10.3.6.1. Germany: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.3.6.2. Germany: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.3.6.3. Germany: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.3.7. FRANCE 10.3.7.1. France: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.3.7.2. France: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.3.7.3. France: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.3.8. ITALY 10.3.8.1. Italy: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.3.8.2. Italy: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.3.8.3. Italy: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.3.9. SPAIN 10.3.9.1. Spain: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.3.9.2. Spain: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.3.9.3. Spain: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.3.10. BENELUX 10.3.10.1. BeNeLux: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.3.10.2. BeNeLux: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.3.10.3. BeNeLux: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.3.11. RUSSIA 10.3.11.1. Russia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.3.11.2. Russia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.3.11.3. Russia: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.3.12. REST OF EUROPE 10.3.12.1. Rest of Europe: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.3.12.2. Rest of Europe: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.3.12.3. Rest of Europe: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.4. Asia Pacific 10.4.1. Asia Pacific: Market Size and Forecast, By Country, 2023 – 2033 ($ Million) 10.4.2. Asia Pacific: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.4.3. Asia Pacific: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.4.4. Asia Pacific: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.4.5. CHINA 10.4.5.1. China: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.4.5.2. China: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.4.5.3. China: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.4.6. JAPAN 10.4.6.1. Japan: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.4.6.2. Japan: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.4.6.3. Japan: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.4.7. INDIA 10.4.7.1. India: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.4.7.2. India: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.4.7.3. India: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.4.8. SOUTH KOREA 10.4.8.1. South Korea: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.4.8.2. South Korea: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.4.8.3. South Korea: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.4.9. THAILAND 10.4.9.1. Thailand: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.4.9.2. Thailand: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.4.9.3. Thailand: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.4.10. INDONESIA 10.4.10.1. Indonesia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.4.10.2. Indonesia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.4.10.3. Indonesia: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.4.11. MALAYSIA 10.4.11.1. Malaysia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.4.11.2. Malaysia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.4.11.3. Malaysia: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.4.12. AUSTRALIA 10.4.12.1. Australia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.4.12.2. Australia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.4.12.3. Australia: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.4.13. REST FO ASIA PACIFIC 10.4.13.1. Rest fo Asia Pacific: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.4.13.2. Rest fo Asia Pacific: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.4.13.3. Rest fo Asia Pacific: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.5. South America 10.5.1. South America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million) 10.5.2. South America: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.5.3. South America: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.5.4. South America: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.5.5. BRAZIL 10.5.5.1. Brazil: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.5.5.2. Brazil: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.5.5.3. Brazil: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.5.6. ARGENTINA 10.5.6.1. Argentina: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.5.6.2. Argentina: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.5.6.3. Argentina: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.5.7. REST OF SOUTH AMERICA 10.5.7.1. Rest of South America: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.5.7.2. Rest of South America: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.5.7.3. Rest of South America: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.6. Middle East & Africa 10.6.1. Middle East & Africa: Market Size and Forecast, By Country, 2023 – 2033 ($ Million) 10.6.2. Middle East & Africa: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.6.3. Middle East & Africa: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.6.4. Middle East & Africa: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.6.5. SAUDI ARABIA 10.6.5.1. Saudi Arabia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.6.5.2. Saudi Arabia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.6.5.3. Saudi Arabia: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.6.6. UAE 10.6.6.1. UAE: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.6.6.2. UAE: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.6.6.3. UAE: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.6.7. EGYPT 10.6.7.1. Egypt: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.6.7.2. Egypt: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.6.7.3. Egypt: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.6.8. SOUTH AFRICA 10.6.8.1. South Africa: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.6.8.2. South Africa: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.6.8.3. South Africa: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) 10.6.9. REST OF MIDDLE EAST & AFRICA 10.6.9.1. Rest of Middle East & Africa: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million) 10.6.9.2. Rest of Middle East & Africa: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.6.9.3. Rest of Middle East & Africa: Market Size and Forecast, By End-use, 2023 – 2033 ($ Million) CHAPTER 12. Competitive Landscape 12.1. Competitior Benchmarking 2023 12.2. Market Share Analysis 12.3. Key Developments Analysis By Top 5 Companies 12.4. Market Share Acquisition Strategies: Analysis of Key Approaches Employed by Top Players CHAPTER 13. Company Profiles 13.1. Atlas Copco Corporation 13.1.1. Business Overview 13.1.2. Financial Analysis 13.1.2.1. Business Segment Revenue, 2020, 2021, 2022, $ Million 13.1.2.2. Geographic Revenue Mix, 2022 (% Share) 13.1.3. Product Portfolio 13.1.4. Recent Development and Strategies Adopted 13.1.5. SWOT Analysis 13.2. Airfilter Engineering 13.3. ALPHA-PURE 13.4. Beko Technologies 13.5. BOGE Compressors 13.6. Chicago Pneumatic 13.7. Donaldson Company, Inc 13.8. Gem Equipment’s Ltd 13.9. Industrial Air Power 13.10. Genie AI Ltd
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