Air Compressor Market Size, Share, and Analysis, By Type (Stationery and Portable), By Technology (Centrifugal, Rotary and Reciprocating), By Lubrication (Oil Filled and Oil Free), By End-User (Oil and Gas, Manufacturing, Energy & Power, Healthcare, Food and Beverages, Electronics and Others) and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
Air Compressor Market Size, Share, and Analysis, By Type (Stationery and Portable), By Technology (Centrifugal, Rotary and Reciprocating), By Lubrication (Oil Filled and Oil Free), By End-User (Oil and Gas, Manufacturing, Energy & Power, Healthcare, Food and Beverages, Electronics and Others) and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
PRODUCT OVERVIEW
Air Compressor Market is anticipated t%li%grow at a CAGR of 4.6% in the forecast period (2024-2034), with the market size valued at USD 29.9 billion in 2023 and projected t%li%reach USD 49 billion by 2034.
Air compressors refer t%li%mechanical devices which are manufactured specifically t%li%increase the air pressure by reducing its volume. They are an essential component in various industrial, residential and commercial settings. Air compressors usually work on the principle of compressing air within restricted space, air compressors help in producing high pressure air stream, which are effectively used in pneumatic tools, which facilitate in providing air t%li%industries and HVAC systems. Air compressors market includes players, which range from established companies t%li%emerging corporations, which all contribute towards the development of advanced technologies, efficient energy solutions and suitable designs which can meet the needs of consumers effectively. Industrialization and need for energy efficiency solutions and technology advancements are the main reasons driving the proper market development. However, challenges like changing prices of raw materials and component d%li%effect the market, but still makes the them essential.
MARKET HIGHLIGHTS
Air Compressor Market is anticipated t%li%reach USD 49 billion, growing at a CAGR of 4.6% during the forecast period owing t%li%the expansion in manufacturing worldwide, and driving demand for compressed air in various applications. Air compressors come essentially in usually tw%li%variants, stationery and portable, which are based on technologies such as Centrifugal, Rotary and Reciprocating. Oil free and Oil Filled compressors provides width t%li%the industry, with oil free compressors operating without lubricating oil in compression chambers, while oil-filled ones utilizing lubrication oil t%li%enhance efficiency. Air compressors are used proactively in industries such as Oil and Gas, Manufacturing, Energy & Power, Healthcare, Food and Beverages, Electronics and Others. Manufacturing sector dominates the market as it uses compressors for various applications like powering pneumatic tools and operating machinery. As manufacturing grows in all industrial settings, the demand for air compressors will remain relevant.
Air Compressor Market Segments:
Growth Drivers
Increasing Industrialization And Manufacturing Activities Are Providing Stable Growth For Market
Technological Advancement In Compressors Designs And Control Systems Will Contribute In Overall Market Development
Restraint
Fluctuating Raw Materials Prices T%li%Hinder Overall Growth
Key Players
PRODUCT OVERVIEW
Air Compressor Market is anticipated t%li%grow at a CAGR of 4.6% in the forecast period (2024-2034), with the market size valued at USD 29.9 billion in 2023 and projected t%li%reach USD 49 billion by 2034.
Air compressors refer t%li%mechanical devices which are manufactured specifically t%li%increase the air pressure by reducing its volume. They are an essential component in various industrial, residential and commercial settings. Air compressors usually work on the principle of compressing air within restricted space, air compressors help in producing high pressure air stream, which are effectively used in pneumatic tools, which facilitate in providing air t%li%industries and HVAC systems. Air compressors market includes players, which range from established companies t%li%emerging corporations, which all contribute towards the development of advanced technologies, efficient energy solutions and suitable designs which can meet the needs of consumers effectively. Industrialization and need for energy efficiency solutions and technology advancements are the main reasons driving the proper market development. However, challenges like changing prices of raw materials and component d%li%effect the market, but still makes the them essential.
MARKET HIGHLIGHTS
Air Compressor Market is anticipated t%li%reach USD 49 billion, growing at a CAGR of 4.6% during the forecast period owing t%li%the expansion in manufacturing worldwide, and driving demand for compressed air in various applications. Air compressors come essentially in usually tw%li%variants, stationery and portable, which are based on technologies such as Centrifugal, Rotary and Reciprocating. Oil free and Oil Filled compressors provides width t%li%the industry, with oil free compressors operating without lubricating oil in compression chambers, while oil-filled ones utilizing lubrication oil t%li%enhance efficiency. Air compressors are used proactively in industries such as Oil and Gas, Manufacturing, Energy & Power, Healthcare, Food and Beverages, Electronics and Others. Manufacturing sector dominates the market as it uses compressors for various applications like powering pneumatic tools and operating machinery. As manufacturing grows in all industrial settings, the demand for air compressors will remain relevant.
Air Compressor Market Segments:
- By Type
- Stationery
- Portable
- By Technology
- Centrifugal
- Rotary
- Reciprocating
- By Lubrication
- Oil Filled
- Oil Free
- By End-User
- Oil and Gas, Manufacturing
- Energy & Power
- Healthcare
- Food and Beverages
- Electronics
- Others
Growth Drivers
Increasing Industrialization And Manufacturing Activities Are Providing Stable Growth For Market
Technological Advancement In Compressors Designs And Control Systems Will Contribute In Overall Market Development
Restraint
Fluctuating Raw Materials Prices T%li%Hinder Overall Growth
Key Players
- Ingersoll Rand
- Atlas Copco
- Kaeser Kompressoren
- Sullair
- Hitachi
- Gardner Denver
- Trane
- Doosan Infracore
- Fushun Schneider Electric
- Boge Compressors
- Gardner Denver Thomas
- CompAir
- IDEX Corporation
- Atlas Copc%li%Schramm
- GEA Group
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which 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 of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight int%li%the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
- 3-month post-sales analyst support.
1.EXECUTIVE SUMMARY
1.1. Regional Market Share
1.2.Business Trends
1.3. Air Compressor Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1.Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1.Market Definition
3.2.Air Compressor Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Technology Data
4.AIR COMPRESSOR MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2.COVID-19 overview on world economy
4.3.Industry ecosystem Channel analysis
4.4.Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7. MARKET DYNAMICS
7.1.Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4.Market Restraints
7.5. Market Trends
8.RISK ANALYSIS
9. MARKET ANALYSIS
9.1.Porters Five Forces
9.2. PEST Analysis
9.2.1.Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10.AIR COMPRESSOR MARKET
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. AIR COMPRESSOR MARKET SIZE & FORECAST 2024A-2034F
11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
11.3.1.By Type
11.3.1.1. Stationery
11.3.1.1.1.By Value (USD Million) 2024-2034F
11.3.1.1.2. Market Share (%) 2024-2034F
11.3.1.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.2. Portable
11.3.1.2.1. By Value (USD Million) 2024-2034F
11.3.1.2.2.Market Share (%) 2024-2034F
11.3.1.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.2. By Technology
11.3.2.1. Centrifugal
11.3.2.1.1. By Value (USD Million) 2024-2034F
11.3.2.1.2.Market Share (%) 2024-2034F
11.3.2.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.2. Rotary
11.3.2.2.1.By Value (USD Million) 2024-2034F
11.3.2.2.2. Market Share (%) 2024-2034F
11.3.2.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.3.Reciprocating
11.3.2.3.1.By Value (USD Million) 2024-2034F
11.3.2.3.2. Market Share (%) 2024-2034F
11.3.2.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.By Lubrication
11.3.3.1.Oil Filled
11.3.3.1.1. By Value (USD Million) 2024-2034F
11.3.3.1.2.Market Share (%) 2024-2034F
11.3.3.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.3.2. Oil Free
11.3.3.2.1.By Value (USD Million) 2024-2034F
11.3.3.2.2. Market Share (%) 2024-2034F
11.3.3.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.4. By End User
11.3.4.1.Oil and Gas
11.3.4.1.1. By Value (USD Million) 2024-2034F
11.3.4.1.2.Market Share (%) 2024-2034F
11.3.4.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.4.2. Manufacturing
11.3.4.2.1.By Value (USD Million) 2024-2034F
11.3.4.2.2. Market Share (%) 2024-2034F
11.3.4.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.3.Energy & Power
11.3.4.3.1.By Value (USD Million) 2024-2034F
11.3.4.3.2. Market Share (%) 2024-2034F
11.3.4.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.4.Healthcare
11.3.4.4.1.By Value (USD Million) 2024-2034F
11.3.4.4.2. Market Share (%) 2024-2034F
11.3.4.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.5. Food and Beverages
11.3.4.5.1.By Value (USD Million) 2024-2034F
11.3.4.5.2. Market Share (%) 2024-2034F
11.3.4.5.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.6. Electronics
11.3.4.6.1.By Value (USD Million) 2024-2034F
11.3.4.6.2. Market Share (%) 2024-2034F
11.3.4.6.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.7.Others
11.3.4.7.1.By Value (USD Million) 2024-2034F
11.3.4.7.2. Market Share (%) 2024-2034F
11.3.4.7.3. Y-o-Y Growth (%) 2024-2034F
12.NORTH AMERICA AIR COMPRESSOR MARKET SIZE & FORECAST 2024A-2034F
12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1.By Type
12.3.2. By Technology
12.3.3. By Lubrication
12.3.4. By End User
12.4. Country
12.4.1. United States
12.4.2. Canada
13.EUROPE AIR COMPRESSOR MARKET SIZE & FORECAST 2024A-2034F
13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1.By Type
13.3.2. By Technology
13.3.3. By Lubrication
13.3.4. By End User
13.4.Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14.ASIA-PACIFIC AIR COMPRESSOR MARKET SIZE & FORECAST 2024A-2034F
14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
14.3.1.By Type
14.3.2. By Technology
14.3.3. By Lubrication
14.3.4. By End User
14.4. Country
14.4.1.India
14.4.2. China
14.4.3. South Korea
14.4.4.Japan
14.4.5.Rest of APAC
15.MIDDLE EAST AND AFRICA AIR COMPRESSOR MARKET SIZE & FORECAST 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1.By Type
15.3.2. By Technology
15.3.3. By Lubrication
15.3.4. By End User
15.4.Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4.South Africa
15.4.5. Rest of Middle East and Africa
16. LATIN AMERICA AIR COMPRESSOR MARKET SIZE & FORECAST 2024A-2034F
16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1.By Type
16.3.2. By Technology
16.3.3. By Lubrication
16.3.4. By End User
16.4.Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1.Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1.Ingersoll Rand
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2.Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2.Atlas Copco
18.3.Kaeser Kompressoren
18.4.Sullair
18.5.Hitachi
18.6.Gardner Denver
18.7.Trane
18.8.Doosan Infracore
18.9.Fushun Schneider Electric
18.10. Boge Compressors
18.11. Gardner Denver Thomas
18.12.CompAir
18.13.IDEX Corporation
18.14. Atlas Copco Schramm
18.15.GEA Group
18.16.Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
1.1. Regional Market Share
1.2.Business Trends
1.3. Air Compressor Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1.Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1.Market Definition
3.2.Air Compressor Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Technology Data
4.AIR COMPRESSOR MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2.COVID-19 overview on world economy
4.3.Industry ecosystem Channel analysis
4.4.Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7. MARKET DYNAMICS
7.1.Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4.Market Restraints
7.5. Market Trends
8.RISK ANALYSIS
9. MARKET ANALYSIS
9.1.Porters Five Forces
9.2. PEST Analysis
9.2.1.Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10.AIR COMPRESSOR MARKET
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. AIR COMPRESSOR MARKET SIZE & FORECAST 2024A-2034F
11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
11.3.1.By Type
11.3.1.1. Stationery
11.3.1.1.1.By Value (USD Million) 2024-2034F
11.3.1.1.2. Market Share (%) 2024-2034F
11.3.1.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.2. Portable
11.3.1.2.1. By Value (USD Million) 2024-2034F
11.3.1.2.2.Market Share (%) 2024-2034F
11.3.1.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.2. By Technology
11.3.2.1. Centrifugal
11.3.2.1.1. By Value (USD Million) 2024-2034F
11.3.2.1.2.Market Share (%) 2024-2034F
11.3.2.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.2. Rotary
11.3.2.2.1.By Value (USD Million) 2024-2034F
11.3.2.2.2. Market Share (%) 2024-2034F
11.3.2.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.3.Reciprocating
11.3.2.3.1.By Value (USD Million) 2024-2034F
11.3.2.3.2. Market Share (%) 2024-2034F
11.3.2.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.By Lubrication
11.3.3.1.Oil Filled
11.3.3.1.1. By Value (USD Million) 2024-2034F
11.3.3.1.2.Market Share (%) 2024-2034F
11.3.3.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.3.2. Oil Free
11.3.3.2.1.By Value (USD Million) 2024-2034F
11.3.3.2.2. Market Share (%) 2024-2034F
11.3.3.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.4. By End User
11.3.4.1.Oil and Gas
11.3.4.1.1. By Value (USD Million) 2024-2034F
11.3.4.1.2.Market Share (%) 2024-2034F
11.3.4.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.4.2. Manufacturing
11.3.4.2.1.By Value (USD Million) 2024-2034F
11.3.4.2.2. Market Share (%) 2024-2034F
11.3.4.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.3.Energy & Power
11.3.4.3.1.By Value (USD Million) 2024-2034F
11.3.4.3.2. Market Share (%) 2024-2034F
11.3.4.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.4.Healthcare
11.3.4.4.1.By Value (USD Million) 2024-2034F
11.3.4.4.2. Market Share (%) 2024-2034F
11.3.4.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.5. Food and Beverages
11.3.4.5.1.By Value (USD Million) 2024-2034F
11.3.4.5.2. Market Share (%) 2024-2034F
11.3.4.5.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.6. Electronics
11.3.4.6.1.By Value (USD Million) 2024-2034F
11.3.4.6.2. Market Share (%) 2024-2034F
11.3.4.6.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.7.Others
11.3.4.7.1.By Value (USD Million) 2024-2034F
11.3.4.7.2. Market Share (%) 2024-2034F
11.3.4.7.3. Y-o-Y Growth (%) 2024-2034F
12.NORTH AMERICA AIR COMPRESSOR MARKET SIZE & FORECAST 2024A-2034F
12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1.By Type
12.3.2. By Technology
12.3.3. By Lubrication
12.3.4. By End User
12.4. Country
12.4.1. United States
12.4.2. Canada
13.EUROPE AIR COMPRESSOR MARKET SIZE & FORECAST 2024A-2034F
13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1.By Type
13.3.2. By Technology
13.3.3. By Lubrication
13.3.4. By End User
13.4.Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14.ASIA-PACIFIC AIR COMPRESSOR MARKET SIZE & FORECAST 2024A-2034F
14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
14.3.1.By Type
14.3.2. By Technology
14.3.3. By Lubrication
14.3.4. By End User
14.4. Country
14.4.1.India
14.4.2. China
14.4.3. South Korea
14.4.4.Japan
14.4.5.Rest of APAC
15.MIDDLE EAST AND AFRICA AIR COMPRESSOR MARKET SIZE & FORECAST 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1.By Type
15.3.2. By Technology
15.3.3. By Lubrication
15.3.4. By End User
15.4.Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4.South Africa
15.4.5. Rest of Middle East and Africa
16. LATIN AMERICA AIR COMPRESSOR MARKET SIZE & FORECAST 2024A-2034F
16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1.By Type
16.3.2. By Technology
16.3.3. By Lubrication
16.3.4. By End User
16.4.Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1.Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1.Ingersoll Rand
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2.Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2.Atlas Copco
18.3.Kaeser Kompressoren
18.4.Sullair
18.5.Hitachi
18.6.Gardner Denver
18.7.Trane
18.8.Doosan Infracore
18.9.Fushun Schneider Electric
18.10. Boge Compressors
18.11. Gardner Denver Thomas
18.12.CompAir
18.13.IDEX Corporation
18.14. Atlas Copco Schramm
18.15.GEA Group
18.16.Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
