Air Compressor Market System Analysis 2022, Developments, Competitive Size, Share and Trends- Sullair, Gardner Denver, Kaeser, Ingersoll Rand, Rolair Systems, Doosan, Sullivan-Palatek
Research Reports
Jun 09, 2022
The Air Compressor market is growing pervasively, witnessing an exponential growth backed by the increasing investments, competitive activities, global developments, opportunity, and business trends during forecast period 2022 to 2030.
Air Compressor Market Overview
Air Compressor Market is projected to be worth USD 45.5 Billion, registering a CAGR of 7.5% during the forecast period with the advent of technology, the market is experiencing more efficient machines being introduced every day. The portable compressors have penetrated the market well and now command a high demand from diverse sectors. The maintenance cost is also going down with the current developments. In addition, the erstwhile problem of noise and air pollution has been eradicated. These improvisations are boosting the market further.
The rise in eco-awareness has also propelled the demand for robust and energy-efficient compressors. The construction sector is also exploring the possible utility of air compressors and has opened up previously uncharted territory for air compressors.
Air Compressor market demonstrates a high growth potential which is likely to attract many entrants to the market resultantly, intensifying the competition further. Manufacturers strive to develop innovative materials, and best practices. Incorporating acquisition, collaboration, partnership, and expansion the well-established players gain the competitive advantage to maintain their market position. Also, they make substantial investments in manufacturing & expansion program. Expansions help in reducing logistic cost and increase production capacities and potential to fetch larger turnovers.
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Most important Segments of Air Compressor market covered in this report are,
The air compressor market can be segmented by product, technology, lubrication, and end-user.
Product-wise segmentation comprises portable and stationary. The stationary type segment is expected to dominate the market as it is experiencing a growing demand from various industries and non-industrial sectors. Home appliances, automotive, and manufacturing sectors are capable of playing a pivotal role in the market growth.
Based on technology the market is segmented into rotary, reciprocating, and centrifugal. Rotary is estimated to dominate the market as it incurs low maintenance cost and is highly efficient. Centrifugal can also fetch in heavy demand in the coming years.
Lubrication-based segmentation includes oil free and oil filled. Rising awareness regarding various contamination is anticipated to trigger the sale of oil-free air compressors.
On the basis of end-user, the market can be segmented into home appliances, food & beverage industry, oil & gas industry, energy industry, semiconductors & electronics industry, manufacturing industry and the healthcare industry. Rapid urbanization has secured the market for home appliances where the air compressors can find utility in luxury items such as air conditioners, refrigerators, and others.
Air Compressor Industry Influence of the global market report:
- Comprehensive assessment of all opportunities and risks in the Air Compressor Market.
- Air Compressor Market recent innovations and major events.
- A detailed study of business strategies for the growth of the Air Compressor Market market-leading players.
- Conclusive study about the growth plot of Air Compressor Market for forthcoming years.
- In-depth understanding of Air Compressor Market, market-particular drivers, constraints, and major micro markets.
- Favorable impression inside vital technological and market latest trends striking the Air Compressor Market.
Globally Major key Players accelerates the Air Compressor Market are, Atlas Copco AB (Sweden), Sullair, L.L.C. (U.S.), Gardner Denver (U.S.), Kaeser compressors SE (Germany), Ingersoll Rand (U.S.), Rolair Systems. (U.S.), Doosan Portable Power (U.S.), Sullivan-Palatek, Inc. (U.S.), Elgi Equipments Ltd. (India), Bauer Compressors, Inc. (U.S.), Emerson Electric Co. (U.S.), and Hitachi Industrial Equipment Systems Co.,Ltd. (Japan).
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Air Compressor Market Regional Analysis
Region-wise segmentation includes North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).
APAC accounts for a significant share of the market and is expected to experience the fastest growth rate owing to the upsurge in urbanization and escalation in industries across sectors. China, Japan, and India are upcoming economies that are bolstering the growth of this segment.
In North America, the increasing number of industrial infrastructure projects, and investment made across sectors such as process and oil & gas industries can trigger the market growth.
Europe follows the lead of APAC closely with a robust industrial sector that generates the demand for air compressors.
The global Air Compressor market during the period has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with key experts such as CEOs VPs, directors, and executives. Finally, the global market breakdown and data triangulation procedures have been employed to complete the overall market engineering processes and functions and hence, arrive at the exact statistics for all segments and subsegments.
LIST OF TABLES
TABLE 1 GLOBAL AIR COMPRESSOR MARKET: BY REGION, 2020-2027
TABLE 2 NORTH AMERICA AIR COMPRESSOR MARKET: BY COUNTRY, 2020-2027
TABLE 3 EUROPE AIR COMPRESSOR MARKET: BY COUNTRY, 2020-2027
TABLE 4 ASIA PACIFIC AIR COMPRESSOR MARKET: BY COUNTRY, 2020-2027
TABLE 5 ROW AIR COMPRESSOR MARKET: BY COUNTRY, 2020-2027
TABLE 6 GLOBAL AIR COMPRESSOR MARKET, BY PRODUCT, BY REGIONS, 2020-2027
TABLE 7 NORTH AMERICA AIR COMPRESSOR MARKET, BY PRODUCT, BY COUNTRY, 2020-2027
TABLE 8 EUROPE AIR COMPRESSOR MARKET, BY TECHNOLOGY, BY COUNTRY, 2020-2027
TABLE 9 ASIA PACIFIC AIR COMPRESSOR MARKET BY PRODUCT, BY COUNTRY, 2020-2027
TABLE 10 ROW AIR COMPRESSOR MARKET BY PRODUCT, BY COUNTRY, 2020-2027
TABLE 11 GLOBAL AIR COMPRESSOR BY TECHNOLOGY: BY REGIONS, 2020-2027
TABLE 12 NORTH AMERICA AIR COMPRESSOR MARKET BY TECHNOLOGY : BY COUNTRY, 2020-2027
TABLE 13 EUROPE AIR COMPRESSOR MARKET BY TECHNOLOGY : BY COUNTRY, 2020-2027
TABLE 14 ASIA PACIFIC AIR COMPRESSOR MARKET BY TECHNOLOGY : BY COUNTRY, 2020-2027
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