[Latest] Global Air Compressor Market Size/Share Worth 55.98 Billion by 2030 at a 5.5% CAGR: Custom Market Insights (Industrial, Report, Trends, Forecast, Trends, Segmentation)

Custom Market Insights
Custom Market Insights

[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of the Global Air Compressor Market size & share revenue was valued at approximately USD 31.86 Billion in 2021 and is expected to reach around USD 55.98 Billion by 2030, at a CAGR of 5.5% between 2022 and 2030. The key market players listed in the report with their sales, revenues and strategies are Aerzener Maschinenfabrik GmbH, Ciasons Industrial Inc., Desran Compressor (Shanghai) Co.Ltd., Doosan Corporation (Doosan Infracore Portable Power ) , Atlas Copco AB, Berkshire Hathaway Inc. (Campbell Hausfeld), Ebara Corporation, Elgi Equipments Limited, Gardner Denver Holdings Inc., Hitachi Ltd. ( Sullair LLC), Indo-Air Compressors Pvt. Ltd., NINGBO XINDA GROUP CO.LTD (AUGUST Screw Air Compressor), Stanley Black & Decker Corporation (Porter Cable), Suzler Ltd and others.

Sandy, Utah, USA, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Air Compressor Market Size, Trends and Insights By Mode of Operation (Reciprocating, Rotary, Centrifugal), By Type (Portable, Stationary), By Lubrication (Oil filled, Oil free), By Application (Food and beverages, Manufacturing, Healthcare , Electronic and semiconductors, Home appliances, Oil and gas, energy, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” in its research database.

"According to the latest research study, the demand of global Air Compressor Market size & share was valued at approximately USD 31.86 Billion in 2021 and is expected to reach a value of around USD 55.98 Billion by 2030, at a compound annual growth rate (CAGR) of about 5.5% during the forecast period 2022 to 2030."


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Market Dynamics

Drivers

There are a large number of applications of air compressors in various industries. Increased usage in the packaging, transportation, construction and pharmaceuticals industry will lead to the market's growth. Industrialization will lead to an increase in manufacturing activities. And this shall provide a major potential and opportunities that will lead to market growth. The economic and industrial developments have been more Indonesians like in Africa. The government's initiatives that increase industrial automation will also help grow the market.


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Restraints

many factors will hamper the growth of the market during the forecast period. Poor practices and artificial demand will increase the losses in the industry. Leaks will also inhibit the growth of the market. One of the largest wisps is that of air leaks. This usually takes place at the manufacturing plant. The operation of the air systems at higher pressures Leads to increased losses. All of these factors also increase the time, which is non-productive, and they shall have a more significant effect on the market's growth.

(A free sample of the Air Compressor report is available upon request; please contact us for more information.)


Our Free Sample Report Consists of the following:

  • Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.

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  • Provide detailed chapter-by-chapter guidance on Request

  • Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2022

  • Includes Tables and figures have been updated

  • The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis 

  • Custom Market Insights (CMI) research methodology

(Please note that the sample of the Air Compressor report has been modified to include the COVID-19 impact study prior to delivery.)

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Opportunities

As various nations are engaged in reducing the number of carbon emissions and the reduction of greenhouse gases, the need for sustainable products has increased. The need for energy-efficient solutions has grown in recent years. All this is possible with the use of compressed air solutions. The safer and easier generation of compressed air has increased the need for air compressors for many industries.

The reliability of compressed air solutions has increased in recent years. Modern compressors have also increased, and they shall provide major opportunities for market growth during the forecast period.

Using these compressors helps in having better savings and a clean environment. These compressors are considered environment-friendly products as they make less noise and do not need much fuel. Heat recovery is one of the features that will lead to the growth of the modern compressors market and shall provide opportunities for the growth of the market.

The energy that is recovered is used for the preheating of feedwater. And this serves to be a great feature for the industries engaged in power generation.

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Challenges

Various nations like the United Kingdom, the United States and Canada adopt strict rules and regulations. Many European countries are launching new standards for emission control. These standards are aimed at improving air quality with the use of compressors. It shall help decrease the number of contaminants discharged into the environment. When it comes to manufacturing such compressors, the manufacturers need to alter the performance and design of these products.
To reduce the number of emissions left out, in the end, few nations across the world have adopted strict regulations and rules, especially in industrially advanced nations. They help reduce the number of health hazards associated with the emission of such gases. But all of these stringent policies will hamper the market's growth during the forecast period.

Report Highlights

Based on the product type, the Rotary segment will have a larger market share as they are used on a large scale in many industries like mining, electric power, mechanical metallurgy and paper making. Based on application, the manufacturing segment has emerged as the largest market for the huge number of industries that have come up in recent years due to the active support provided by the government to the various emerging businesses, which has led to this phase of industrialization.

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Based on lubrication, the segment of oilfields has emerged as the largest market due to the rapid use of air compressors in this sector. Based on product type, the segment of stationary air compressors has emerged as the largest market due to the extensive demand for stationary equipment in the industrial sector. Based on geography, the region of Asia Pacific has emerged as the largest market for the huge number of industries in this sector.

Regional Snapshots

The Asia Pacific region will have the largest market share in the coming years. This segment has dominated the market in the past, and it will continue to grow well in the coming years as the government of various nations in the Asia Pacific region are engaged in making investments for the development of infrastructure and rapid industrialization. As there has been rapid industrialization in various regions of the Asia Pacific region, there shall be an increased need for air compressors.

Air compressors are used in many industries like the manufacturing, gas and oil, home appliances, beverages, and food industries. As many manufacturers of air compressors are present in the Asia Pacific region, especially in the nations like China and India, the demand for these products will continue to grow in the coming years. As there is large-scale production of the semiconductors and electronics in these nations, the market is expected to grow well in the coming year. in the North American region and the European region, steady growth will be noted in the coming years period Eastern Europe has increased the number of investments made in the industrial sector due to which the need for these compressors will continue to grow.


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Energy efficient and simple products have more demand in the market, and all of these factors will help the market's growth during the forecast period.

Key Offerings:

  • Market Share, Size & Forecast by Revenue | 2022−2030

  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends

  • Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by Regions

  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Key questions answered in this report:

  • What is the size of the Air Compressor market and what is its expected growth rate?

  • What are the primary driving factors that push the Air Compressor market forward?

  • What are the Air Compressor Industry's top companies?

  • What are the different categories that the Air Compressor Market caters to?

  • What will be the fastest-growing segment or region?

  • In the value chain, what role do essential players play?

  • What is the procedure for getting a free copy of the Air Compressor market sample report and company profiles?

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Report Scope

Feature of the Report

Details

Market Size in 2021

USD 31.86 billion

Projected Market Size in 2030

USD 55.98 billion

CAGR Growth Rate

5.5% CAGR

Base Year

2021

Forecast Period

2022-2030

Prominent Players

Aerzener Maschinenfabrik GmbH, Ciasons Industrial Inc., Desran Compressor (Shanghai) Co.Ltd., Doosan Corporation (Doosan Infracore Portable Power ) , Atlas Copco AB, Berkshire Hathaway Inc. (Campbell Hausfeld), Ebara Corporation, Elgi Equipments Limited, Gardner Denver Holdings Inc., Hitachi Ltd. ( Sullair LLC), Indo-Air Compressors Pvt. Ltd., NINGBO XINDA GROUP CO.LTD (AUGUST Screw Air Compressor), Stanley Black & Decker Corporation (Porter Cable), Suzler Ltd, Ingersoll-Rand plc, Kirloskar Pneumatic Company Limited, Kobe Steel Ltd., Mitsubishi Heavy Industries Ltd. , VMAC Global Technology Inc, , and Others

Key Segment

By Mode of Operation, Type, Lubrication, and Region

Report Coverage

Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends

Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America

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Key Players

  • Aerzener Maschinenfabrik GmbH

  • Ciasons Industrial Inc.

  • Desran Compressor (Shanghai) Co., Ltd.

  • Doosan Corporation (Doosan Infracore Portable Power )

  • Atlas Copco AB

  • Berkshire Hathaway Inc. (Campbell Hausfeld)

  • Ebara Corporation

  • Elgi Equipments Limited

  • Gardner Denver Holdings, Inc.

  • Hitachi, Ltd. ( Sullair, LLC)

  • Indo-Air Compressors Pvt. Ltd.

  • NINGBO XINDA GROUP CO., LTD (AUGUST Screw Air Compressor)

  • Stanley Black & Decker Corporation (Porter Cable)

  • Suzler Ltd

  • Ingersoll-Rand plc

  • Kirloskar Pneumatic Company Limited

  • Kobe Steel, Ltd.

  • Mitsubishi Heavy Industries Ltd.

  • VMAC Global Technology Inc

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Recent Developments

  • STERI was taken over by Atlas Copco in 2021. This organization supplies air compressors in multiple regions across Italy.

Segments covered in the Report

By Mode of Operation

  • Reciprocating

  • Rotary

  • Centrifugal

By Type

  • Portable

  • Stationary

By Lubrication

  • Oil filled

  • Oil free

By Application

  • Food and beverages

  • Manufacturing

  • Healthcare

  • Electronic and semiconductors

  • Home appliances

  • Oil and gas

  • energy

  • Others

  • Others

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On the basis of Geography

North America

  • The U.S.

  • Canada

  • Mexico

Europe

  • France

  • The UK

  • Spain

  • Germany

  • Italy

  • Rest of Europe

Asia Pacific

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia

  • UAE

  • Egypt

  • Kuwait

  • South Africa

  • Rest of the Middle East & Africa

Latin America

  • Brazil

  • Argentina

  • Rest of Latin America

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This Air Compressor Market Research/Analysis Report Contains Answers to the following Questions.

  • Which Manufacturing Technology is used for Air Compressors? What Developments Are Going on in That Technology? Which Trends Are Causing These Developments?

  • Who Are the Global Key Players in This Air Compressor Market? What are Their Company Profile, Their Product Information, and Contact Information?

  • What Was the Global Market Status of the Air Compressor Market? What Was the Capacity, Production Value, Cost and PROFIT of the Air Compressor Market?

  • What Is the Current Market Status of the Air Compressor Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Air Compressor Market by Taking Applications and Types in Consideration?

  • What Are Projections of the Global Air Compressor Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?

  • What Is Air Compressor Market Chain Analysis by Upstream Raw Materials and Downstream Industry?

  • What Is Economic Impact on Air Compressor Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?

  • What Are the Market Dynamics of the Air Compressor Market? What Are Challenges and Opportunities?

  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Air Compressor Industry?

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Reasons to Purchase Air Compressor Market Report

  • Air Compressor Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.

  • Air Compressor Market report outlines market value (USD) data for each segment and sub-segment.

  • This report indicates the region and segment expected to witness the fastest growth and dominate the market.

  • Air Compressor Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.

  • The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.

  • Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.

  • The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.

  • Air Compressor Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.

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Click Here to Access a Free Sample Report of the Global Air Compressor Market @
Reasons for the Research Report

  • The study provides a thorough overview of the global Air Compressor market. Compare your performance to that of the market as a whole.

  • Aim to maintain competitiveness while innovations from established key players fuel market growth.

What does the report include?

  • Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Air Compressor market analysis.

  • The competitive environment of current and potential participants in the Air Compressor market is covered in the report, as well as those companies' strategic product development ambitions.

  • According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.

  • For each segment mentioned above, actual market sizes and forecasts have been given.

Who should buy this report?

  • Participants and stakeholders worldwide Air Compressor market should find this report useful. The research will be useful to all market participants in the Air Compressor industry.

  • Managers in the Air Compressor sector are interested in publishing up-to-date and projected data about the worldwide Air Compressor market.

  • Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Air Compressor products' market trends.

  • Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.

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