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Air compressor Market

Air compressor Market Size, Share & Segmentation by System Type (portable and stationary), by Technology (Reciprocating, Rotary, Centrifugal), by Lubrication method (oiled and oil-free), by Power Rating (0-100kw,101-300kw,301-500kw,501kw, and above), by End-user industry (food and beverages, oil and gas, manufacturing, medical power generation, others), by Regions and Global Market Forecast 2022-2028

Report Id: SNS/EQIP/1097 | May 2022 | Region: Global | 120 Pages

Report Scope & Overview:

Air Compressor Market Size was valued at USD 30.55 Bn in 2021 and expected to reach at USD 39.93 Bn by 2028, and grow at CAGR of 3.9 % over the forecast period 2022-2028.

The rising interest in car parts, development of oil investigation and mining activities, and headways in the energy and power creating areas are probably going to help the business development decidedly. Besides, intensely propelling energy and medical services enterprises in African nations will additionally increase item interest. The air Compressor utilizes the motor energy produced by the compacted air to supply different hardware, gadgets, and apparatus with the vital energy through various vertical businesses. Further, the nonstop pressure works with the versatility of fluids and gases, the assembling of related petrochemical items, the activity of pneumatically fueled hardware, and cooling applications. As an outcome, air compressors have a wide scope of utilization in different businesses for lack of hydration, air blowing, vacuum bundling, shower painting, cleaning, apparatus driving, and clinical hardware.

Air Compressor Market Revenue Graph

MARKET DYNAMICS:

KEY DRIVERS:

  • Accessibility of energy effective blowers

  • The necessity of low upkeep

  • Various fuel choices

  • Mechanical Advancements

RESTRAINTS:

  • Rigid Regulations for Utilization of Air Compressors

  • The prominence of Rental Service

OPPORTUNITIES:

  • The growing demand for automotive components, growing oil exploration & mining operations, and advancements in the energy & power generating sectors

  • The expansion in the advancement exercises inside the Asia Pacific, Latin America, the Middle East, and Africa

CHALLENGES:

  • Nations like the US, Canada, the UK, and other European nations have presented new emanation guidelines

  • The norms are consistently refreshed from opportunity to time.

IMPACT OF COVID-19:

The Value chain of air compressors incorporates different partners like natural substance providers, makers, part and part providers, wholesalers, end clients, and controllers. COVID-19 essentially affected the general worth chain of air blowers. The financial effect of the infection is additionally turning out to be progressively clear. It has affected a wide scope of exercises inside the worth chain including selling and dispersion, unrefined substance supply, after-deals administrations, misfortune popular, and so forth. The premier effect of the COVID-19 on air blowers was a huge misfortune in income brought about by a drop in the interest from end-client businesses, which can be a discouraging element for the blowers’ market.

MARKET ESTIMATION:

The air compressor market is portioned in light of type, innovation, oil technique, power rating, end-client industry, and district. By type, the market is bifurcated into convenience and fixed. In view of innovation, it is

Characterized into responding, rotational, and outward. As indicated by the oil technique, it is partitioned into oiled and oil-free air blowers. By

Power rating, the air compressor market is arranged into 0-100 kW, 101-300 kW, 301-500 kW, and 501 kW and above appraised air blowers. Besides, in view of the end-client industry the market is divided into food and drink, oil and gas, fabricating, power age, clinical, and others. In light of area, it is broken down across North America, Asia-Pacific, Europe, and LAMEA

The air compressor in view of responding innovation attributable to less difficult development has a critical piece of the pie in the previous years. Notwithstanding, innovatively prevalent air compressors, for example, radiating and revolving are liked for uncompromising modern applications. Along these lines, the radiating and rotating-based air blowers convey high power appraised air compressors with essentially decreased commotion and vibrations. These are accessible in sans oil plans, also.

KEY MARKET SEGMENTS:

BY TYPE:

  • Portable

  • Stationary

BY TECHNOLOGY:

  • Reciprocating

  • Rotary

  • Centrifugal

BY LUBRICATION METHOD:

  • Oiled

  • Oil-free

BY POWER RATING:

  • 0-100 kW

  • 101-300 kW

  • 301-500 kW

  • 501 kW & above

BY END-USER INDUSTRY:

  • Food & Beverage

  • Oil & Gas

  • Manufacturing

  • Medical

  • Power Generation

  • Others

Air Compressor Market Segment Chart

KEY PLAYERS:

Frank Compressors, Galaxy Auto Stationary Equipment Co. Ltd., Gast Manufacturing, Inc., GENERAL ELECTRIC, Ingersoll Rand Plc, Kaeser Compressors, MAT Industries, LLd, AireTex Compressor, Atlas Copco, Bauer Group, BelAire Compressors, Cook Compression, Compressor Products International (CPI).

REGIONAL ANALYSIS:

The Asia Pacific represented more than 30% of the portion of the overall industry in 2020, attributable to the consistent government interests in framework advancement and quick industrialization. The market development is driven by the interest in air blowers from different applications, like food and drink, production, home machines, and oil and gas businesses. Moreover, the presence of a few makers of blowers in India and China, alongside the enormous modern base for gadgets and semiconductor fabricating in China and Taiwan, is supposed to drive market development.

North America and Europe are expected to develop consistently over the gauge period. In any case, expanded interests in Eastern Europe are supposed to increase the learning experiences for modern air blowers. Additionally, the rising focal point of shoppers on simple to-utilize and energy-proficient items is projected to support the market development.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Air Compressor Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 30.55 Billion
Market Size by 2028 US$ 39.93  Billion
CAGR CAGR of 3.9% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by System Type (portable and stationary)
• by Technology (Reciprocating, Rotary, Centrifugal)
• by Lubrication method (oiled and oil-free)
• by Power Rating (0-100kw,101-300kw,301-500kw,501kw, and above)
• by End-user industry (food and beverages, oil and gas, manufacturing, medical power generation, others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Frank Compressors, Galaxy Auto Stationary Equipment Co. Ltd., Gast Manufacturing, Inc., GENERAL ELECTRIC, Ingersoll Rand Plc, Kaeser Compressors, MAT Industries, LLd, AireTex Compressor, Atlas Copco, Bauer Group, BelAire Compressors, Cook Compression, Compressor Products International (CPI).
Key Drivers •Accessibility of energy effective blowers

•The necessity of low upkeep
RESTRAINTS •Rigid Regulations for Utilization of Air Compressors

•The prominence of Rental Service

 


Frequently Asked Questions (FAQ) :

Ans: - The forecast period of the Air Compressor market is 2022-2028.

Ans: - Accessibility of energy-effective blowers and the necessity of low upkeep.

Ans: - The segments covered in the Air Compressor Market report for study are on the basis of the type, technology, lubrication method, power rating, and end-user industry.

Ans: - North America and Europe are expected to develop consistently over the gauge period.

Ans: - Frank Compressors, Galaxy Auto Stationary Equipment Co. Ltd., Gast Manufacturing, Inc., GENERAL ELECTRIC, Ingersoll Rand Plc, Kaeser Compressors, MAT Industries, LLd, AireTex Compressor, Atlas Copco, Bauer Group, BelAire Compressors, Cook Compression, Compressor Products International (CPI).


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of the Ukraine- Russia war

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Air Compressor Market Segmentation, by type

8.1 Portable

8.2 Stationary

 

9. Air Compressor Market Segmentation, by technology

9.1 Reciprocating

9.2 Rotary

9.3 Centrifugal

 

10. Air Compressor Market Segmentation, by lubrication method

10.1 oiled

10.2 Oil-free

 

11. Air Compressor Market Segmentation, by Power rating

11.1 0-100kw

11.2 101-300kw

11.3 301-500kw

11.4 501kw and above

 

12. Air Compressor Market Segmentation, by End-user industry

12.1 Food and Beverages

12.2 Oil and gas

12.3 Manufacturing

12.4 Power Generation

12.5 Others

 

13. Regional Analysis

13.1 Introduction

13.2 North America

13.2.1 USA

13.2.2 Canada

13.2.3 Mexico

13.3 Europe

13.3.1 Germany

13.3.2 UK

13.3.3 France

13.3.4 Italy

13.3.5 Spain

13.3.6 The Netherlands

13.3.7 Rest of Europe

13.4 Asia-Pacific

13.4.1 Japan

13.4.2 South Korea

13.4.3 China

13.4.4 India

13.4.5 Australia

13.4.6 Rest of Asia-Pacific

13.5 The Middle East & Africa

13.5.1 Israel

13.5.2 UAE

13.5.3 South Africa

13.5.4 Rest

13.6 Latin America

13.6.1 Brazil

13.6.2 Argentina

13.6.3 Rest of Latin America

 

14. Company Profiles

14.1Frank Compressors

14.1.1 Financial

14.1.2 Products/ Services Offered

14.1.3 SWOT Analysis

14.1.4 The SNS view

14.2 Galaxy Auto Stationary Equipment Co. Ltd.

14.3 Gast Manufacturing, Inc.

14.4 GENERAL ELECTRIC

14.5 Ingersoll Rand Plc

14.6 Kaeser Compressors

14.7 MAT Industries, LLd

14.8 KOMATSU LTD.

14.9 AireTex Compressor

14.10 Atlas Copco

14.11 Bauer Group

14.12 BelAire Compressors

14.13 Compressor Products International (CPI)

 

15. Competitive Landscape

15.1 Competitive Benchmarking

15.2 Market Share analysis

15.3 Recent Developments

 

16. Conclusion

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Secondary Research

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