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The reciprocating and rotary compressor segments are expected to witness steady growth due to the increasing demand from manufacturing and industrial sectors
Reciprocating compressors are the most widely used type, accounting for a significant share of the overall market. They operate on the principle of drawing in air and compressing it using a piston moving in a cylinder. Reciprocating compressors are known for their reliability, efficiency, and suitability for a wide range of applications, including manufacturing, food processing, and home appliances. They are available in both stationary and portable versions.
Rotary compressors, including screw and vane types, are gaining popularity due to their high efficiency, low maintenance requirements, and compact design. Rotary screw compressors have emerged as the largest segment within the air compressor market report. They use two intermeshing helical screws to draw in air and compress it. Rotary compressors are also widely used in manufacturing, food and beverage, and home appliance industries.
Centrifugal compressors, on the other hand, are primarily used in large-scale applications such as power generation, oil refineries, and petrochemical plants. They use rotating impellers to draw in air and increase its velocity, which is then converted into pressure. Centrifugal compressors are known for their high flow capacity, efficiency, and reliability in continuous operation.
The market is driven by the diverse range of end-use industries that rely on these compressors for various applications
The manufacturing segment is a significant contributor to the air compressor market growth as there is a need for reliable power sources to support production processes. Air compressors are essential in various manufacturing processes, such as assembly lines, material handling, and pneumatic tools. The segment is expected to grow at a steady rate due to the increasing adoption of industrial automation technologies.
The semiconductors and electronics segment is another key end-use industry for air compressors due to the increasing demand for electronic devices. Air compressors are used to power various tools and equipment in the production of electronic components, such as cleaning and drying of components, and testing and assembly processes.
As per air compressor market analysis, the food and beverage industry also rely heavily on air compressors for powering pneumatic tools, such as pumps, valves, and conveyor systems, which are essential in the packaging and processing of food and beverages. Moreover, compressors are also used to power ventilators, anesthesia machines, and surgical tools in healthcare industry. Meanwhile, the demand for air compressors in home appliances industry is driven by the increasing adoption of automation and smart home technologies, which require efficient and reliable power sources.
Air Compressor Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
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
In 2023, the air compressor market attained a value of nearly USD 23,764.17 million.
The market is expected to grow at a CAGR of 4.6% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 35,539.67 by 2032.
The market is expected to grow due to the increasing demand for packaged food, which requires air compressors for vacuum packaging, and the growth of the oil and gas industry, which uses air compressors for various applications such as lifting gas and gas process operations.
Key trends aiding market expansion include the air compressor market include advancements in air compression technology, rising demand for portable air compressors, and increasing research and development activities by major players to launch enhanced product ranges.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Portable and stationary are the different types of air compressors included in the market.
The market segmentation based on product lubrication include oiled and oil-free compressors.
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.
Key players in the market are Atlas Copco AB, Frank Technologies Pvt. Ltd, Galaxy Auto Service Equipment Co. Ltd., Bauer Compressors, Inc., and Siemens Energy AG, among others.
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