Industrial Air Compressor Market Segments Overview 2023, Industry Size, Revenue, Sales, Growth Opportunity, Future Technology and Trends 2030
Research Reports
Apr 13, 2023
Industrial Air Compressor Market Insights
According to MRFR analysis, the Global Industrial Air Compressor Market is expected to register a CAGR of 7.02% from 2022 to 2030and hold a value of over USD 63.9 billion by 2030.
The Global Industrial Air Compressor Market refers to the worldwide demand, supply, and trade of air compressors that are designed for use in industrial applications. The market includes different types of air compressors such as reciprocating, rotary screw, and centrifugal compressors. Factors driving the growth of the global industrial air compressor market include increasing demand for energy-efficient and reliable compressed air systems, rising industrialization in developing countries, and increasing investment in the construction and manufacturing sectors.
Key Players
Some of the key market players are:
- Atlas Copco (Sweden)
- Danfoss (Denmark)
- Ingersoll-Rbd Plc (Ireland)
- GE Oil and Gas (US)
- Hitachi Ltd (Japan)
- Sullair LLC (US)
- Gardner Denver (US)
- Elloitt Group Ltd. (US)
- Kirloskar Pneumatics Co. Ltd. (India)
- Sulzer AG (Switzerland)
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COVID-19 Analysis:
The COVID-19 pandemic had a significant impact on the Global Industrial Air Compressor Market. The pandemic has caused disruptions in supply chains, reduced demand for industrial products and services, and led to a decline in global economic activity. As a result, the demand for industrial air compressors has also been impacted.
During the early stages of the pandemic, many manufacturing facilities, construction sites, and other industrial operations were forced to shut down temporarily, which led to a decline in demand for industrial air compressors.
Industrial Air Compressor Market Regional Analysis
The largest region of the Global Industrial Air Compressor Market is Asia-Pacific. The Asia-Pacific region has a large and rapidly growing manufacturing sector, which drives the demand for industrial air compressors in various industries, including automotive, construction, and electronics.
The increasing demand for energy-efficient and reliable compressed air systems, along with the rising investment in infrastructure and manufacturing in the region, are some of the key factors driving the growth of the industrial air compressor market in the Asia-Pacific region.
Industrial Air Compressor Market Segmentation
The Global Industrial Air Compressor Market has been segmented into type, compressor and end-user.
Based on the type, market has been segmented into dynamic and positive displacement.
Based on the compressor, market has been segmented into oil-lubricated and oil-free.
Based on the end-user, market has been segmented into oil and gas, chemicals and petrochemicals, food and beverage, metals and mining and automotive.
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Table Of Contents
1 Executive Summary
2 Market Introduction
2.1 Market Definition
2.2 Scope Of The Study
2.3 Market Structure
3 Research Methodology
3.1 Primary Research
3.2 Secondary Research
3.3 Market Size Estimation
3.4 Forecast Model
3.5 List Of Assumptions
3.6 Limitations Of The Study
4 Market Insights
5 Market Dynamics
5.1 Introduction
5.2 Market Drivers
5.3 Market Restraints
5.4 Market Opportunities
5.5 Value Chain/Supply Chain Analysis
5.6 Porter’s Five Forces Analysis
5.6.1 Threat Of New Entrants
5.6.2 Bargaining Power Of Buyers
5.6.3 Bargaining Power Of Suppliers
5.6.4 Threat Of Substitutes
5.6.5 Intensity Of Rivalry
6 Global Industrial Air Compressor Market, By Type
6.1 Introduction
6.2 Dynamic
6.2.1 Market Estimates & Forecast, 2022-2030
6.2.2 Market Estimates & Forecast, By Region/Country, 2022-2030
6.3 Positive Displacement
…Continued.
The Report Answers Following Questions:
- What are the key drivers of this market growth?
- What are the emerging trends that could impact the demand for this industry in the future?
- How will market evolve over the next 5-10 years?
- What strategies do you think companies should adopt to meet the demand and capitalize on market growth opportunities?
- What will be the future growth rate of the market?
- What is the current demand for this market?
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Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. MRFR’s approach combines the proprietary information with various data sources to give an extensive understanding to the client about the latest key developments, expected events and about what action to take based on these aspects.
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