[Latest] Global Industrial Air Compressor Market Size/Share

Sandy, Utah, USA, March 09, 2023 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Industrial Air Compressor Market Size, Trends and Insights By Product (Portable , Stationary), By Technology (Rotary, Centrifugal, Reciprocating), By Output (Up to 15 kW, 16 - 75 kW, 75 - 500 kW, More than 500 kW), By End-use (Food & beverage, Energy & Mining, Agriculture/Farming , Oil & gas, Semiconductor & electronics, Construction & municipal, Manufacturing, Pharma, Others), By Coolant Type (Air-Cooled, Water-Cooled), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” in its research database.

“According to the latest research study, the demand for global Industrial Air Compressor Market size & share was valued at approximately USD 34 Billion in 2021 and is expected to reach USD 37 billion in 2022 and is expected to reach a value of around USD 63 Billion by 2030, at a compound annual growth rate (CAGR) of about 7% during the forecast period 2022 to 2030.”

Our research report offers a 360-degree view of the Industrial Air Compressor market’s drivers and restraints and their impact on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Industrial Air Compressor market.

Click Here to Access a Free Sample Report of the Global Industrial Air Compressor Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=20241

Industrial Air Compressor Market: Overview

An industrial air compressor is a device that uses a gasoline engine, electric motor, or diesel to convert power into potential energy stored in compressed air. Industrial pumps and compressors have comparable jobs, but pumps concentrate on liquids like water and oil, whereas compressors pressurize air and gases. Agricultural facilities, industrial operations, running laundry pressers in dry cleaners, spraying crops, powering pneumatic gear, and ventilation silos all employ industrial air compressors. Various processes in food and beverage, oil and gas, and other industries also use them.

Growth Factors

Due to their ability to retrofit existing systems, low maintenance costs, and variable speed control, air compressors are employed more frequently in important end-use sectors. Energy-efficient compressors are in greater demand as a result of their economical operation.

The increased number of gas compressor stations has also given rise to growing worries about air quality. Air monitoring devices are also often implemented to assess the effects of air and gas compressors. In addition, the industry’s continued investments and non-oil-based initiatives are driving up demand for air compressors. Leading manufacturers are developing eco-friendly and low-maintenance systems to entice customers to adopt next-generation products.

Many businesses, including Ingersoll Rand Plc and Atlas Copco Inc., have developed high-performance next-generation systems to set their products apart from rivals. For instance, modern air compressors have lower noise levels and increased efficiency. As a result, many application areas have witnessed tremendous growth for cutting-edge compressors that offer high cost-saving techniques.

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Due to consumers placing a greater emphasis on overall solutions and lifecycle costs, energy-efficient air compressors are becoming increasingly popular. Compressed air is also being used more frequently by industrial power tools, which further helps the market expand.

A growing emphasis on energy efficiency, energy recovery, and CO2 emissions is anticipated to drive the market as air compressor demand rises in the wake of COVID-19. The increased need for monitoring compressed air systems is projected to be a significant revenue growth throughout the forecasted period. Additionally, the demand for air compressors in the food and beverage market is anticipated to be driven by stringent food safety and health laws. A rise in oil and gas extraction investments in North America and the Middle East is also expected to contribute to the market growth for air compressors.

(A free sample of the Industrial Air Compressor report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the following:

Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
About 220+ Pages Research Report (Including Recent Research)
Provide detailed chapter-by-chapter guidance on the Request
Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2022
Includes Tables and figures have been updated
The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
Custom Market Insights (CMI) research methodology

(Please note that the sample of the Industrial Air Compressor report has been modified to include the COVID-19 impact study prior to delivery.)

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Segmental Overview

The market for Industrial Air Compressors is segmented into product, technology, end-user, output, and coolant type. Based on the product, in 2021, stationary air compressors in manufacturing will have a significant market share of about 55%. These compressors are also frequently found in the oil and gas sector, where they are utilized to power pneumatic machineries like pipelines and machinery for the extraction and purification of oil.

As these products are used more frequently in mining and construction, the portable air compressor segment is anticipated to develop at the highest CAGR over the forecast period. Construction, among other industries, uses portable air compressors as dependable power sources for tools and machinery. The popularity of these compressors in low-duty applications has also grown due to their simplicity of use and low maintenance needs.

Regional Overview

Due to government investments in infrastructure development and fast industrialization, Asia Pacific will hold more than 30% market share in 2021. Air compressors are employed in numerous applications that promote industrial growth and those related to the food and beverage, manufacturing, home appliance, and oil and gas sectors. The market is anticipated to be driven by a sizable electronics and semiconductor manufacturing industry base in China and Taiwan and several compressor manufacturers in India and China.

Growth in North America and Europe is anticipated to be steady during the projection period. However, rising investments in Eastern Europe are expected to accelerate industrial air compressor development. Additionally, the market will grow as a result of consumers’ increasing preference for items that are simple to use and low-energy.

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Report Scope

Feature of the Report	Details
Market Size in 2021	USD 34 Billion
Projected Market Size in 2030	USD 63 Billion
Market Size in 2022	USD 37 billion
CAGR Growth Rate	7% CAGR
Base Year	2021
Forecast Period	2022-2030
Prominent Players	Ariel Corporation, IHI Corporation Ltd, Howden Group Ltd., Kaeser Kompressoren Co. Ltd., Mayekawa Mfg. Co. LTD, Kobe Steel Ltd, Mikuni Kikai Kogyo Co. LTD., Mitsui E&S Holdings Co. Ltd, Parker Hannifin Corporation, The Japan Steel Works LTD., Siemens AG, Hitachi Ltd, Ingersoll Rand Inc., Mitsubishi Heavy Industries Ltd., Elgi Equipments, Sulzer Ltd., Danfoss A/S, and Others
Key Segment	By Product, Technology, Output, End-us, Coolant Type, and Region
Report Coverage	Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope	North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options	Request tailored purchasing options to fulfil your requirements for research.

Key Players Insights

Our market analysis includes a section specifically devoted to key players operating in the Industrial Air Compressor market. Our analysts overview each player’s financial statements, product benchmarking, and SWOT analysis. In addition, the competitive landscape section includes key development strategies, market share analysis, and market positioning analysis of globally mentioned competitors.

2019: An energy-efficient line of portable air compressors in both electric and diesel form was introduced by the air compressor manufacturer Elgi Equipments.
2019: For the Indian market, Atlas Copco unveiled five new air compressor models. The primary goals of the launch of these goods are to meet changing consumer demands and increase productivity across various industries, including food and beverage, textile, and cement.

Key questions answered in this report:

What is the size of the Industrial Air Compressor market and what is its expected growth rate?
What primary driving factors push the Industrial Air Compressor market forward?
What are the Industrial Air Compressor Industry's top companies?
What are the different categories that the Industrial Air Compressor Market caters to?
What will be the fastest-growing segment or region?
In the value chain, what role do essential players play?
What is the procedure for getting a free copy of the Industrial Air Compressor market sample report and company profiles?

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Key Offerings:

Market Share, Size & Forecast by Revenue | 2022−2030
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by Regions
Competitive Landscape – Top Key Vendors and Other Prominent Vendors

Prominent Players

Ariel Corporation
IHI Corporation Ltd
Howden Group Ltd.
Kaeser Kompressoren Co. Ltd.
Mayekawa Mfg. Co. LTD
Kobe Steel Ltd
Mikuni Kikai Kogyo Co. LTD.
Mitsui E&S Holdings Co Ltd
Parker Hannifin Corporation
The Japan Steel Works LTD.
Siemens AG
Hitachi Ltd
Ingersoll Rand Inc.
Mitsubishi Heavy Industries Ltd.
Elgi Equipments
Sulzer Ltd.
Danfoss A/S
Others

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Browse the full “Industrial Air Compressor Market Size, Share, Growth Analysis Report By Products & Software, (Instruments, Consumable, LIMS), By Services (Heavy Metal Testing, Microbial Analysis, Potency, Residual Screening), By End-User (Cultivators, Laboratories, Research Institutes), and By Region - Global Industry Overview, Statistical Data, Competitive Intelligence, Trends, Outlook, and Forecast 2022–2030” Report at https://www.custommarketinsights.com/report/industrial-air-compressor-market/

The global Industrial Air Compressor market is segmented as follows:

By Product

Portable
Stationary

By Technology

Rotary
Centrifugal
Reciprocating

By Output

Up to 15 kW
16 – 75 kW
75 – 500 kW
More than 500 kW

By End-use

Food & beverage
Energy & Mining
Agriculture/Farming
Oil & gas
Semiconductor & electronics
Construction & municipal
Manufacturing
Pharma
Others

By Coolant Type

Air-Cooled
Water-Cooled

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On the basis of Geography

North America

The U.S.
Canada
Mexico

Europe

France
The UK
Spain
Germany
Italy
Rest of Europe

Asia Pacific

China
Japan
India
Australia
South Korea
Rest of Asia Pacific

The Middle East & Africa

Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of the Middle East & Africa

Latin America

Brazil
Argentina
Rest of Latin America

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This Industrial Air Compressor Market Research/Analysis Report Contains Answers to the following Questions.

Which Manufacturing Technology is used for Industrial Air Compressor? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
Who Are the Global Key Players in This Industrial Air Compressor Market? What are Their Company Profile, Product Information, and Contact Information?
What Was the Global Market Status of the Industrial Air Compressor Market? What Was the Capacity, Production Value, Cost and PROFIT of the Industrial Air Compressor Market?
What Is the Current Market Status of the Industrial Air Compressor Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Industrial Air Compressor Market by Considering Applications and Types?
What Are Projections of the Global Industrial Air Compressor Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
What Is Industrial Air Compressor Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
What Is the Economic Impact On Industrial Air Compressor Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
What Are Market Dynamics of Industrial Air Compressor Market? What Are Challenges and Opportunities?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Industrial Air Compressor Industry?

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Reasons to Purchase Industrial Air Compressor Market Report

Industrial Air Compressor Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
Industrial Air Compressor Market report outlines market value (USD) data for each segment and sub-segment.
This report indicates the region and segment expected to witness the fastest growth and dominate the market.
Industrial Air Compressor Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
Industrial Air Compressor Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.

Click Here to Access a Free Sample Report of the Global Industrial Air Compressor Market @ https://www.custommarketinsights.com/report/industrial-air-compressor-market/

Reasons for the Research Report

The study provides a thorough overview of the global Industrial Air Compressor market. Compare your performance to that of the market as a whole.

Aim to maintain competitiveness while innovations from established key players fuel market growth.

What does the report include?

Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Industrial Air Compressor market analysis.

The competitive environment of current and potential participants in the Industrial Air Compressor market is covered in the report, as well as those companies' strategic product development ambitions.

According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.

For each segment mentioned above, actual market sizes and forecasts have been given.

Who should buy this report?

Participants and stakeholders worldwide Industrial Air Compressor market should find this report useful. The research will be useful to all market participants in the Industrial Air Compressor industry.

Managers in the Industrial Air Compressor sector are interested in publishing up-to-date and projected data about the worldwide Industrial Air Compressor market.

Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Industrial Air Compressor products' market trends.

Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.

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