Air Compressor Market Size, Share, Demand, Leader Analysis and Research Report 2022-2027

September 13 17:51 2022
Air Compressor Market Size, Share, Demand, Leader Analysis and Research Report 2022-2027
Air Compressor Market Size Research Report 2022-2027
The elevating purchase of consumer electronics across the globe is primarily driving the air compressor market.

According to IMARC Group’s latest report, “Air Compressor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the air compressor market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global air compressor market size reached US$ 16.84 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 21.81 Billion by 2027, exhibiting a growth rate (CAGR) of 4.10% during 2022-2027.

Industry Overview:

Air compressor refers to pneumatic, mechanical devices that utilize kinetic energy from the compacted gasses stored in pressurized air to offer the required amount of energy to multiple equipment and machinery. By mode of operation, they can be segmented into reciprocating or piston, rotary or screw, and centrifugal categories. These air compressor models comprise of a cylinder head, cooling water jacket, delivery valve, compressor casing, main bearings, piston, crankshaft, and inter and after coolers. They are interchangeable, easy to use, aid in reducing disposable waste, and provide continuous compression to facilitate optimized transportation of fluids and gases in cooling machines. As a result, air compressor variants find extensive applications across numerous sectors, including manufacturing, food and beverages, home appliances, oil and gas, semiconductors and electronics, healthcare, energy, etc.

COVID-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Market Trends and Drivers: 

The elevating purchase of consumer electronics across the globe is primarily driving the air compressor market. Besides this, the increasing product demand from the food and beverage industry, owing to stringent regulations on food safety and health, is acting as another significant growth-inducing factor. Moreover, the escalating integration of rotary compressors in manufacturing facilities to ensure enhanced energy efficiency and operational reliability is also positively influencing the global market. Additionally, the shifting preferences among manufacturers toward high-performance portable products, on account of their noise and vibration-free property and the growing requirement in the oil and gas segment to maintain the gas flow in pipelines, are expected to fuel the air compressor market in the coming years.

Who are some of the Top Manufacture operating in the air compressor industry and how high is the competition 2022

Competitive Landscape with Key Players:

  • Atlas Copco AB (OTCMKTS: ATLKY)
  • Bauer Compressors Inc.
  • Berkshire Hathaway Inc. (NYSE: BRK.A)
  • Ciasons Industrial Inc.
  • Desran Compressor (Shanghai) Co.Ltd
  • Doosan Corporation (KRX: 000150)
  • ELGi Equipments Limited (NSE: ELGIEQUIP)
  • Hitachi Ltd. (OTCMKTS: HTHIY)
  • Ingersoll Rand Inc. (Trane Technologies plc) (NYSE: IR)
  • Rolair Systems and Suzler Ltd.

Key Highlights of the Market Segmentation:

The report has segmented the global air compressor market on the basis of material, application and region.

Breakup by Type:

  • Portable
  • Stationary

Breakup by Technology:

  • Reciprocating/Piston
  • Rotary/Screw
  • Centrifugal

Breakup by Lubrication Method:

  • Oil-filled
  • Oil-free

Breakup by Power Rating:

  • 0-100 kW
  • 101-300 kW
  • 301-500 kW
  • 501 kW and Above

Breakup by End User:

  • Manufacturing
  • Semiconductors and Electronics
  • Food and Beverages
  • Healthcare/Medical
  • Home Appliances
  • Energy
  • Oil and Gas
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Explore Report Description with TOC & List of Figure:

Important Attribute and highlights of the Report:

• Detailed analysis of the global market share

• Market Segmentation by component, deployment, enterprises and region.

• Historical, current, and projected size of the air compressor market in terms of volume and value

• Latest industry trends and developments

• Competitive Landscape for Market

• Strategies of major players and product offerings

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Browse More Related Report 2022-27:

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