Reports
Global Air Compressor Market: By Type: Portable, Stationary; By Technology: Reciprocating/Piston Compressor, Rotary/Screw Compressor, Centrifugal Compressor; By Lubrication; By Power Rating; By End-Use; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments
Global Air Compressor Market Outlook
The global air compressor market is projected to reach USD 29,688.39 million in 2028 from USD 22,719.09 million in 2022, growing at a CAGR of 4.60% in the forecast period of 2023-2028.
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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Technology, Lubrication, Power Rating, End-Use, Region |
| Breakup by Type | Portable, Stationary |
| Breakup by Technology | Reciprocating/Piston Compressor, Rotary/Screw Compressor, Centrifugal Compressor |
| Breakup by Lubrication | Oiled, Oil-Free |
| Breakup by Power Rating | 0-100 kW, 101-300 kW, 301-500 kW, 501 kW and Above |
| Breakup by End Use | Manufacturing, Semiconductors and Electronics, Food and Beverage, Healthcare/Medical, Home Appliances, Energy, Oil and Gas, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Atlas Copco AB, Frank Technologies Pvt. Ltd, Galaxy Auto Service Equipment Co. Ltd., Bauer Compressors, Inc., Siemens Energy AG, Others |
| 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 Industry Opportunities and Challenges
8 Global Air Compressor Market Analysis
8.1 Key Industry Highlights
8.2 Global Air Compressor Historical Market (2018-2022)
8.3 Global Air Compressor Market Forecast (2023-2028)
8.4 Global Air Compressor Market by Type
8.4.1 Portable
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Stationary
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Air Compressor Market by Technology
8.5.1 Reciprocating/Piston Compressor
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Rotary/Screw Compressor
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Centrifugal Compressor
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.6 Global Air Compressor Market by Lubrication
8.6.1 Oiled
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Oil-Free
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global Air Compressor Market by Power Rating
8.7.1 0-100 kW
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 101-300 kW
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 301-500 kW
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 501 kW and Above
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.8 Global Air Compressor Market by End Use
8.8.1 Manufacturing
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Semiconductors and Electronics
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Food and Beverage
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Healthcare/Medical
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.8.5 Home Appliances
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2018-2022)
8.8.5.3 Forecast Trend (2023-2028)
8.8.6 Energy
8.8.6.1 Market Share
8.8.6.2 Historical Trend (2018-2022)
8.8.6.3 Forecast Trend (2023-2028)
8.8.7 Oil and Gas
8.8.7.1 Market Share
8.8.7.2 Historical Trend (2018-2022)
8.8.7.3 Forecast Trend (2023-2028)
8.8.8 Others
8.9 Global Air Compressor Market by Region
8.9.1 Market Share
8.9.1.1 North America
8.9.1.2 Europe
8.9.1.3 Asia Pacific
8.9.1.4 Latin America
8.9.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Atlas Copco AB
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Frank Technologies Pvt. Ltd
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Galaxy Auto Service Equipment Co. Ltd.
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Bauer Compressors, Inc.
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Siemens Energy AG
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Others
12 Industry Events and Developments
List of Key Figures and Tables
1. Global Air Compressor Market: Key Industry Highlights, 2018 and 2028
2. Global Air Compressor Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Air Compressor Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Air Compressor Historical Market: Breakup by Technology (USD Million), 2018-2022
5. Global Air Compressor Market Forecast: Breakup by Technology (USD Million), 2023-2028
6. Global Air Compressor Historical Market: Breakup by Lubrication (USD Million), 2018-2022
7. Global Air Compressor Market Forecast: Breakup by Lubrication (USD Million), 2023-2028
8. Global Air Compressor Historical Market: Breakup by Power Rating (USD Million), 2018-2022
9. Global Air Compressor Market Forecast: Breakup by Power Rating (USD Million), 2023-2028
10. Global Air Compressor Historical Market: Breakup by End Use (USD Million), 2018-2022
11. Global Air Compressor Market Forecast: Breakup by End Use (USD Million), 2023-2028
12. Global Air Compressor Historical Market: Breakup by Region (USD Million), 2018-2022
13. Global Air Compressor Market Forecast: Breakup by Region (USD Million), 2023-2028
14. North America Air Compressor Historical Market: Breakup by Country (USD Million), 2018-2022
15. North America Air Compressor Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Europe Air Compressor Historical Market: Breakup by Country (USD Million), 2018-2022
17. Europe Air Compressor Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Asia Pacific Air Compressor Historical Market: Breakup by Country (USD Million), 2018-2022
19. Asia Pacific Air Compressor Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Latin America Air Compressor Historical Market: Breakup by Country (USD Million), 2018-2022
21. Latin America Air Compressor Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Middle East and Africa Air Compressor Historical Market: Breakup by Country (USD Million), 2018-2022
23. Middle East and Africa Air Compressor Market Forecast: Breakup by Country (USD Million), 2023-2028
24. Global Air Compressor Market Structure
Key Questions Answered in the Report
In 2022, the global air compressor market attained a value of nearly USD 22,719.09 million.
The market is projected to grow at a CAGR of 4.60% between 2023 and 2028.
The market is estimated to grow in the forecast period of 2023-2028 to reach about USD 29,688.39 million in 2028.
The major drivers of the industry such as growing demand for air compressors in various industries, growing urbanisation, rising demand from the developing regions, rapid industrialisation, and growing food and beverages sector are expected to aid the market growth.
The key market trends guiding the growth of the air compressor market include the advancement in air compression technology and growing R&D activities by the major players to launch enhanced products range.
The major regions in the industry 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 industry.
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.
Manufacturing, semiconductors and electronics, food and beverage, healthcare/medical, home appliances, energy, oil and gas, and others are the major end use segments of the product.
The major players in the industry 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 22,719.09 million in 2022, 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 2023-2028, growing at a CAGR of 4.60%. The market is projected to reach USD 29,688.39 million in 2028.
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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