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Global Air Compressor Market Trends, Analysis, Report: By Type: Portable, Stationary; By Technology: Reciprocating/Piston Compressor, Rotary/Screw Compressor, Centrifugal Compressor; By Lubrication: Oiled, Oil-Free; By Power Rating: 0-100 kW, 101-300 kW, Others; By End Use; Regional Analysis; Competitive Landscape; 2024-2032
Global Air Compressor Market Outlook
The global air compressor market is projected to reach USD 35,539.67 million in 2032 from USD 23,764.17 million in 2023, growing at a CAGR of 4.6% in the forecast period of 2024-2032.
The air compressors use the kinetic energy generated by the compressed air to supply different equipment, devices, and machinery with the necessary energy through different vertical industries. Further, the continuous compression facilitates the mobility of liquids and gases, the manufacturing of related petrochemical products, the operation of pneumatically powered machinery, and cooling applications. As a consequence, air compressors have a wide range of applications in various industries for dehydration, air blowing, vacuum packaging, spray painting, cleaning, tool powering, and medical equipment.
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Market Segmentation
An air compressor refers to a tool that transforms power into potential energy, which is stored in the form of airtight pressure. An air compressor pushes more and more air into a storage tank by a distinct method, as a result increasing the pressure.
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The air compressor market can be divided on the basis of segments like type, technology, lubrication, power rating, and end-use.
The industry can be broadly categorised on the basis of type into:
- Portable
- Stationary
The industry can be divided based on technology into:
- Reciprocating/Piston Compressor
- Rotary/Screw Compressor
- Centrifugal Compressor
The industry can be divided based on lubrication into:
- Oiled
- Oil-Free
The industry can be classified based on power rating into:
- 0-100 kW
- 101-300 kW
- 301-500 kW
- 501 kW and Above
The industry can be divided based on end-use into:
- Manufacturing
- Semiconductors and Electronics
- Food and Beverage
- Healthcare/Medical
- Home Appliances
- Energy
- Oil and Gas
- Others
The EMR report looks into the regional markets for air compressor like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific regions.
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Market Analysis
The technological advances in air compression techniques have a profound effect on the equipment's compression capabilities and are expected to drive the growth of the air compressor market during the forecast period. The increase in the adoption of robust and energy-efficient equipment is also expected to fuel the demand for air compressors. The equipment often includes the use of sophisticated technology with high technical experience to develop high-powered and effective air compression equipment. Consequently, in the coming years, high installation and maintenance costs for the equipment are likely to hamper the market growth of the air compressor industry. The increase in the development activities within the Asia Pacific, Latin America, and the Middle East and Africa is expected to provide manufacturers with profitable business opportunities over the forecast period.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global air compressor market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Atlas Copco AB
- Frank Technologies Pvt. Ltd
- Galaxy Auto Service Equipment Co. Ltd.
- Bauer Compressors, Inc.
- Siemens Energy AG
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Technology |
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| Breakup by Lubrication |
|
| Breakup by Power Rating |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Air Compressor Market Analysis
8.1 Key Industry Highlights
8.2 Global Air Compressor Historical Market (2018-2023)
8.3 Global Air Compressor Market Forecast (2024-2032)
8.4 Global Air Compressor Market by Type
8.4.1 Portable
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Stationary
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Air Compressor Market by Technology
8.5.1 Reciprocating/Piston Compressor
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Rotary/Screw Compressor
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Centrifugal Compressor
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Air Compressor Market by Lubrication
8.6.1 Oiled
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Oil-Free
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Air Compressor Market by Power Rating
8.7.1 0-100 kW
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 101-300 kW
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 301-500 kW
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 501 kW and Above
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.8 Global Air Compressor Market by End Use
8.8.1 Manufacturing
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Semiconductors and Electronics
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Food and Beverage
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Healthcare/Medical
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Home Appliances
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
8.8.6 Energy
8.8.6.1 Historical Trend (2018-2023)
8.8.6.2 Forecast Trend (2024-2032)
8.8.7 Oil and Gas
8.8.7.1 Historical Trend (2018-2023)
8.8.7.2 Forecast Trend (2024-2032)
8.8.8 Others
8.9 Global Air Compressor Market by Region
8.9.1 North America
8.9.1.1 Historical Trend (2018-2023)
8.9.1.2 Forecast Trend (2024-2032)
8.9.2 Europe
8.9.2.1 Historical Trend (2018-2023)
8.9.2.2 Forecast Trend (2024-2032)
8.9.3 Asia Pacific
8.9.3.1 Historical Trend (2018-2023)
8.9.3.2 Forecast Trend (2024-2032)
8.9.4 Latin America
8.9.4.1 Historical Trend (2018-2023)
8.9.4.2 Forecast Trend (2024-2032)
8.9.5 Middle East and Africa
8.9.5.1 Historical Trend (2018-2023)
8.9.5.2 Forecast Trend (2024-2032)
9 North America Air Compressor Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Air Compressor Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Air Compressor Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Air Compressor Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Air Compressor Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Atlas Copco AB
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Frank Technologies Pvt. Ltd
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Galaxy Auto Service Equipment Co. Ltd.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Bauer Compressors, Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Siemens Energy AG
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Air Compressor Market: Key Industry Highlights, 2018 and 2032
2. Global Air Compressor Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Air Compressor Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Air Compressor Historical Market: Breakup by Technology (USD Million), 2018-2023
5. Global Air Compressor Market Forecast: Breakup by Technology (USD Million), 2024-2032
6. Global Air Compressor Historical Market: Breakup by Lubrication (USD Million), 2018-2023
7. Global Air Compressor Market Forecast: Breakup by Lubrication (USD Million), 2024-2032
8. Global Air Compressor Historical Market: Breakup by Power Rating (USD Million), 2018-2023
9. Global Air Compressor Market Forecast: Breakup by Power Rating (USD Million), 2024-2032
10. Global Air Compressor Historical Market: Breakup by End Use (USD Million), 2018-2023
11. Global Air Compressor Market Forecast: Breakup by End Use (USD Million), 2024-2032
12. Global Air Compressor Historical Market: Breakup by Region (USD Million), 2018-2023
13. Global Air Compressor Market Forecast: Breakup by Region (USD Million), 2024-2032
14. North America Air Compressor Historical Market: Breakup by Country (USD Million), 2018-2023
15. North America Air Compressor Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Europe Air Compressor Historical Market: Breakup by Country (USD Million), 2018-2023
17. Europe Air Compressor Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Asia Pacific Air Compressor Historical Market: Breakup by Country (USD Million), 2018-2023
19. Asia Pacific Air Compressor Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Latin America Air Compressor Historical Market: Breakup by Country (USD Million), 2018-2023
21. Latin America Air Compressor Market Forecast: Breakup by Country (USD Million), 2024-2032
22. Middle East and Africa Air Compressor Historical Market: Breakup by Country (USD Million), 2018-2023
23. Middle East and Africa Air Compressor Market Forecast: Breakup by Country (USD Million), 2024-2032
24. Global Air Compressor Market Structure
Key Questions Answered in the Report
In 2023, the global air compressor market attained a value of nearly USD 23,764.17 million.
The market is projected to grow at a CAGR of 4.6% between 2024 and 2032.
The market is estimated to grow in the forecast period of 2024-2032 to reach about USD 35,539.67 million in 2032.
The major drivers expected to aid the market growth are the growing demand for air compressors in various industries, increasing urbanisation, rising demand from the developing regions, rapid industrialisation, and growing food and beverages sector.
The key trends guiding the growth of the air compressor market include advancements in air compression technology and increasing research and development activities by major players to launch enhanced product ranges.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Portable and stationary are the major air compressor types in the market.
Reciprocating/piston, rotary/screw, and centrifugal compressor represent the major technologies of the product.
The significant segments based on product lubrication include oiled and oil-free compressors.
The significant segments based on power rating of the product are 0-100 kW, 101-300 kW, 301-500 kW, and 501 kW and above.
The major end use segments of air compressors are manufacturing, semiconductors and electronics, food and beverage, healthcare/medical, home appliances, energy, and oil and gas, among others.
The major players in the global air compressor market are Atlas Copco AB, Frank Technologies Pvt. Ltd, Galaxy Auto Service Equipment Co. Ltd., Bauer Compressors, Inc., and Siemens Energy AG, among others.
Analyst Review
The global air compressor market attained a value of USD 23,764.17 million in 2023, driven by the growing utilisation of air compression technology in various industries, along with rapid industrialisation and urbanisation. Aided by the technological advancements, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 4.6%. The market is projected to reach USD 35,539.67 million in 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on types, the market can be bifurcated into portable and stationary segments. By technology, the industry is divided into reciprocating/piston, rotary/screw, and centrifugal compressor. On the basis of lubrication, the industry is segregated into oiled and oil-free segments. Based on power rating, the industry is fragmented into 0-100 kW, 101-300 kW, 301-500 kW, and 501 kW and above. On the basis of end use segments, the industry is categorised into manufacturing, semiconductors and electronics, food and beverage, healthcare/medical, home appliances, energy, and oil and gas, among others. The major regional markets for air compressor are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Atlas Copco AB, Frank Technologies Pvt. Ltd, Galaxy Auto Service Equipment Co. Ltd., Bauer Compressors, Inc., and Siemens Energy AG, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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