The global air compressor market size is expected to reach around US$ 43.73 billion by 2030 from US$ 33.31 billion in 2021 and is expected to grow at an impressive double-digit rate of 3.1% from 2022 to 2030.
The study includes drivers and restraints of this market. The study provides an analysis of the global air compressor market for the period 2017-2030, wherein 2022 to 2030 is the forecast period and 2021 is considered as the base year.
Our Free Sample Reports Includes:
- In-depth Industry Analysis, Introduction, Overview, and COVID-19 Pandemic Outbreak.
- Impact Analysis 180+ Pages Research Report (Including latest research).
- Provide chapter-wise guidance on request 2022 Updated Regional Analysis with Graphical Representation of Trends, Size, & Share, Includes Updated List of figures and tables.
- Updated Report Includes Major Market Players with their Sales Volume, Business Strategy and Revenue Analysis by using Precedence Research methodology.
Download Free Sample Copy Here (Including TOC, List of Tables & Figures, and Chart) @ https://www.precedenceresearch.com/sample/1604
Research Methodology
A unique research methodology has been utilized to conduct comprehensive research on the growth of the global air compressor market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the draw conclusions. Secondary sources referred to by analysts during the production of the global market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of our study on the market as a primary source.
These primary and secondary sources provided exclusive information during interviews, which serves as a validation from mattress topper industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global air compressor market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped to estimates the future prospects of the global market more reliable and accurate.
Market Scope:
| Report Coverage | Details |
| Market Size by 2030 | USD 43.73 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 3.1% |
| Asia Pacific Market Share in 2020 | 30% |
| Stationery Growing Market Share in 2020 | 50% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
Report Highlights
- Based on the type, the portable is estimated to be the fastest-growing segment. The portable air compressors provide energy sources to the numerous tools and equipment especially in the mining and construction industries. Therefore, the surging adoption of the portable air compressors in these industries is expected to drive the market growth.
- Based on the product, the rotary/screw segment dominated the market in 2020. The higher adoption of the rotary air compressors in the giant industries like paper and pulp, electric power, mechanical and electrical machinery, and mining and metallurgy has fostered the growth of this segment.
- Based on the application, the manufacturing segment dominated the market in 2020. The huge demand for the air compressors in the manufacturing industry across the developed and developing regions has significantly boosted the growth of the air compressor market in the past few decades. The surging investments in the industrialization of the developing regions are expected to further fuel the growth of this segment in the upcoming future.
Market Dynamics
Driver
Rising demand for the durable compressors
The demand for the highly durable air compressor is boosting for the applications in the drilling process. The increment in the use of various machineries in the manufacturing and other industries has fueled the market growth. The rapidly growing oil and gas industry owing to the rising demand for power and fuel across the globe is significantly boosting the demand for the durable air compressors. The surging consumption of oil all over the globe is expected to drive the demand for the air compressors among the oil producers to increase productivity at lower costs.
Restraint
The installation cost of the modern compressors in high
The installation of modern and innovative air compressors like rotary air compressor involves a high procurement and installation costs. The high capital investments may restrict the end users with restricted financial capacities to adopt the modern air compressors. This is major restraining factor that may hamper the market growth during the forecast period.
Opportunity
Constant product launches
The manufacturers are investing heavily in the R&D and are constantly engaged in the introduction of new and innovative features in the air compressors. For instance, in February 2021, Sullair introduced its Mid-Range Series Portable Compressors. This product is integrated with the electronic spiral valve technology that offers flexibility and enhanced operational efficiency. These new features may provide various growth prospects in the foreseeable future.
Challenge
Low penetration in the underdeveloped market
The industrial growth in the underdeveloped economies is very low. The low presence of the industries in the underdeveloped markets is limiting the growth of the air compressor market.
Why should you invest in this report?
If you are aiming to enter the global air compressor market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for air compressor are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Some of the prominent players in the global air compressor market include:
- Atlas Copco AB
- Kobe Steel Ltd.
- ElgiEquipments Limited
- Ingersoll-Rand PLC
- Kirloskar Pneumatic Company Limited
- Mitsubishi Heavy Industries Ltd.
- Suzler Ltd.
- Ebara Corporations
- Porter Cable
- VMAC Global Technology Inc.
Market Segmentation:
By Type
- Stationery
- Portable
By Product
- Rotary
- Screw
- Scroll
- Others
- Centrifugal
- Reciprocating
By Application
- Electronics
- Manufacturing
- Oil and Gas
- Healthcare
- Food & Beverages
- Home Appliances
- Energy
- Others
By Lubrication
- Oil free
- Oil filled
By Power Rating
- 0-100 kW
- 101-300 kW
- 301-500 kW
- 501 kW & above
Regional Analysis:
The geographical analysis of the global air compressor market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.
The North American Market is again segmented into the US, Canada, and Mexico. Coming to the European Market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global air compressor Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).
Key Questions Answered by the Report:
- What will be the size of the global air compressor market in 2030?
- What is the expected CAGR for the air compressor market between 2021 and 2030?
- Which are the top players active in this global market?
- What are the key drivers of this global market?
- How will the market situation change in the coming years?
- Which region held the highest market share in this global market?
- What are the common business tactics adopted by players?
- What is the growth outlook of the global air compressor market?
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Air Compressor Market
5.1. COVID-19 Landscape: Air Compressor Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Air Compressor Market, By Type
8.1. Air Compressor Market, by Type, 2022-2030
8.1.1. Stationery
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Portable
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Air Compressor Market, By Product Type
9.1. Air Compressor Market, by Product Type, 2022-2030
9.1.1. Rotary
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Centrifugal
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Reciprocating
9.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Air Compressor Market, By Technology Type
10.1. Air Compressor Market, by Technology Type, 2022-2030
10.1.1. Electronics
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Manufacturing
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Oil and Gas
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Food & Beverages
10.1.4.1. Market Revenue and Forecast (2017-2030)
10.1.5. Healthcare
10.1.5.1. Market Revenue and Forecast (2017-2030)
10.1.6. Home Appliances
10.1.6.1. Market Revenue and Forecast (2017-2030)
10.1.7. Others
10.1.7.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Air Compressor Market, By Lubrication Type
11.1. Air Compressor Market, by Lubrication Type, 2022-2030
11.1.1. Oil free
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Oil filled
11.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Air Compressor Market, By Power Rating Type
12.1. Air Compressor Market, by Power Rating, 2022-2030
12.1.1. 0-100 kW
12.1.1.1. Market Revenue and Forecast (2017-2030)
12.1.2. 101-300 kW
12.1.2.1. Market Revenue and Forecast (2017-2030)
12.1.3. 301-500 kW
12.1.3.1. Market Revenue and Forecast (2017-2030)
12.1.4. 501 kW & above
12.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 13. Global Air Compressor Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Type (2017-2030)
13.1.2. Market Revenue and Forecast, by Product (2017-2030)
13.1.3. Market Revenue and Forecast, by Technology (2017-2030)
13.1.4. Market Revenue and Forecast, by Lubrication (2017-2030)
13.1.5. Market Revenue and Forecast, by Power Rating (2017-2030)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Type (2017-2030)
13.1.6.2. Market Revenue and Forecast, by Product (2017-2030)
13.1.6.3. Market Revenue and Forecast, by Technology (2017-2030)
13.1.6.4. Market Revenue and Forecast, by Lubrication (2017-2030)
13.1.7. Market Revenue and Forecast, by Power Rating (2017-2030)
13.1.8. Rest of North America
13.1.8.1. Market Revenue and Forecast, by Type (2017-2030)
13.1.8.2. Market Revenue and Forecast, by Product (2017-2030)
13.1.8.3. Market Revenue and Forecast, by Technology (2017-2030)
13.1.8.4. Market Revenue and Forecast, by Lubrication (2017-2030)
13.1.8.5. Market Revenue and Forecast, by Power Rating (2017-2030)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Type (2017-2030)
13.2.2. Market Revenue and Forecast, by Product (2017-2030)
13.2.3. Market Revenue and Forecast, by Technology (2017-2030)
13.2.4. Market Revenue and Forecast, by Lubrication (2017-2030)
13.2.5. Market Revenue and Forecast, by Power Rating (2017-2030)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Type (2017-2030)
13.2.6.2. Market Revenue and Forecast, by Product (2017-2030)
13.2.6.3. Market Revenue and Forecast, by Technology (2017-2030)
13.2.7. Market Revenue and Forecast, by Lubrication (2017-2030)
13.2.8. Market Revenue and Forecast, by Power Rating (2017-2030)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Type (2017-2030)
13.2.9.2. Market Revenue and Forecast, by Product (2017-2030)
13.2.9.3. Market Revenue and Forecast, by Technology (2017-2030)
13.2.10. Market Revenue and Forecast, by Lubrication (2017-2030)
13.2.11. Market Revenue and Forecast, by Power Rating (2017-2030)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Type (2017-2030)
13.2.12.2. Market Revenue and Forecast, by Product (2017-2030)
13.2.12.3. Market Revenue and Forecast, by Technology (2017-2030)
13.2.12.4. Market Revenue and Forecast, by Lubrication (2017-2030)
13.2.13. Market Revenue and Forecast, by Power Rating (2017-2030)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Type (2017-2030)
13.2.14.2. Market Revenue and Forecast, by Product (2017-2030)
13.2.14.3. Market Revenue and Forecast, by Technology (2017-2030)
13.2.14.4. Market Revenue and Forecast, by Lubrication (2017-2030)
13.2.15. Market Revenue and Forecast, by Power Rating (2017-2030)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Type (2017-2030)
13.3.2. Market Revenue and Forecast, by Product (2017-2030)
13.3.3. Market Revenue and Forecast, by Technology (2017-2030)
13.3.4. Market Revenue and Forecast, by Lubrication (2017-2030)
13.3.5. Market Revenue and Forecast, by Power Rating (2017-2030)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Type (2017-2030)
13.3.6.2. Market Revenue and Forecast, by Product (2017-2030)
13.3.6.3. Market Revenue and Forecast, by Technology (2017-2030)
13.3.6.4. Market Revenue and Forecast, by Lubrication (2017-2030)
13.3.7. Market Revenue and Forecast, by Power Rating (2017-2030)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Type (2017-2030)
13.3.8.2. Market Revenue and Forecast, by Product (2017-2030)
13.3.8.3. Market Revenue and Forecast, by Technology (2017-2030)
13.3.8.4. Market Revenue and Forecast, by Lubrication (2017-2030)
13.3.9. Market Revenue and Forecast, by Power Rating (2017-2030)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Type (2017-2030)
13.3.10.2. Market Revenue and Forecast, by Product (2017-2030)
13.3.10.3. Market Revenue and Forecast, by Technology (2017-2030)
13.3.10.4. Market Revenue and Forecast, by Lubrication (2017-2030)
13.3.10.5. Market Revenue and Forecast, by Power Rating (2017-2030)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Type (2017-2030)
13.3.11.2. Market Revenue and Forecast, by Product (2017-2030)
13.3.11.3. Market Revenue and Forecast, by Technology (2017-2030)
13.3.11.4. Market Revenue and Forecast, by Lubrication (2017-2030)
13.3.11.5. Market Revenue and Forecast, by Power Rating (2017-2030)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Type (2017-2030)
13.4.2. Market Revenue and Forecast, by Product (2017-2030)
13.4.3. Market Revenue and Forecast, by Technology (2017-2030)
13.4.4. Market Revenue and Forecast, by Lubrication (2017-2030)
13.4.5. Market Revenue and Forecast, by Power Rating (2017-2030)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Type (2017-2030)
13.4.6.2. Market Revenue and Forecast, by Product (2017-2030)
13.4.6.3. Market Revenue and Forecast, by Technology (2017-2030)
13.4.6.4. Market Revenue and Forecast, by Lubrication (2017-2030)
13.4.7. Market Revenue and Forecast, by Power Rating (2017-2030)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Type (2017-2030)
13.4.8.2. Market Revenue and Forecast, by Product (2017-2030)
13.4.8.3. Market Revenue and Forecast, by Technology (2017-2030)
13.4.8.4. Market Revenue and Forecast, by Lubrication (2017-2030)
13.4.9. Market Revenue and Forecast, by Power Rating (2017-2030)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Type (2017-2030)
13.4.10.2. Market Revenue and Forecast, by Product (2017-2030)
13.4.10.3. Market Revenue and Forecast, by Technology (2017-2030)
13.4.10.4. Market Revenue and Forecast, by Lubrication (2017-2030)
13.4.10.5. Market Revenue and Forecast, by Power Rating (2017-2030)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Type (2017-2030)
13.4.11.2. Market Revenue and Forecast, by Product (2017-2030)
13.4.11.3. Market Revenue and Forecast, by Technology (2017-2030)
13.4.11.4. Market Revenue and Forecast, by Lubrication (2017-2030)
13.4.11.5. Market Revenue and Forecast, by Power Rating (2017-2030)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Type (2017-2030)
13.5.2. Market Revenue and Forecast, by Product (2017-2030)
13.5.3. Market Revenue and Forecast, by Technology (2017-2030)
13.5.4. Market Revenue and Forecast, by Lubrication (2017-2030)
13.5.5. Market Revenue and Forecast, by Power Rating (2017-2030)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Type (2017-2030)
13.5.6.2. Market Revenue and Forecast, by Product (2017-2030)
13.5.6.3. Market Revenue and Forecast, by Technology (2017-2030)
13.5.6.4. Market Revenue and Forecast, by Lubrication (2017-2030)
13.5.7. Market Revenue and Forecast, by Power Rating (2017-2030)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Type (2017-2030)
13.5.8.2. Market Revenue and Forecast, by Product (2017-2030)
13.5.8.3. Market Revenue and Forecast, by Technology (2017-2030)
13.5.8.4. Market Revenue and Forecast, by Lubrication (2017-2030)
13.5.8.5. Market Revenue and Forecast, by Power Rating (2017-2030)
Chapter 14. Company Profiles
14.1. Atlas Copco AB
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. Kobe Steel Ltd.
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. ElgiEquipments Limited
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Ingersoll-Rand PLC
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Kirloskar Pneumatic Company Limited
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Mitsubishi Heavy Industries Ltd.
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Suzler Ltd.
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. Ebara Corporations
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. Porter Cable
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. VMAC Global Technology Inc.
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
Buy Full Research Report (Single User License US$ 4500) @ https://www.precedenceresearch.com/checkout/1604
Contact Us:
Mr. Alex
Sales Manager
Call: +1 9197 992 333
Email: sales@precedenceresearch.com
0 Comments