Air Compressor Market Top Companies, Trends and Future Details for Business Opportunity 2022-2027

Author: Elena Anderson

Marketing Manager

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Global Air Compressor Market Research Report 2022-2027:

IMARC Group’s latest report, titled “ Air Compressor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 202 2-2027

,” finds that the global air compressor market size reached US$ 16.84 Billion in 2021.

Air compressors are mechanical devices that compress and pressurize air to convert it into usable power for various applications. They are usually powered by electric motors, diesel, or gas engines and consist of a cylinder head, inter and after coolers, delivery valve, cooling water jacket, main bearings, compressor casing, piston, and crankshaft. They rely on kinetic energy from the compacted gases stored in pressurized air to deliver the required power to different equipment and machinery. They help minimize disposable waste and offer continuous compression to ensure proper transportation of fluids and gases in cooling machines. They are reliable, interchangeable, easy to use, and require less maintenance. As a result, air compressors find extensive applications in vacuum packing, spray painting, cleaning medical equipment, and tool powering. We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report

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Global Air Compressor Market Trends:

The emerging applications of air compressors across various industries, including food and beverage, metallurgy and mining, power, automotive, and petrochemical, represent the primary factor driving the market growth. This can be attributed to the growing need for efficient and cost-effective compressors to fulfill the energy demand and improve operational outputs. Additionally, with the surging environmental concerns, governments of various countries are taking favorable initiatives to promote the adoption of air compressors over oil-based variants to reduce noise pollution and carbon dioxide (CO2) emissions. In line with this, due to the increasing sales of consumer electronics, the widespread incorporation of air compressors in air conditioners (AC), refrigerants, steam turbines, and other electromechanical machines has catalyzed the market growth.

The leading players are introducing next-gen eco-friendly and low-maintenance systems with highperformance capabilities, enhanced efficiency, and lower noise levels. Along with this, the rising popularity of portable air compressors due to their noise- and vibration-free properties and large-scale integration with variable-speed systems has escalated the product demand. Other factors, including the increasing product usage in the oil and gas sector to maintain the gas flow in pipelines, extensive investments in manufacturing and mining activities, technological advancements, and rapid industrialization, are also providing a positive thrust to the market growth.

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Looking forward, IMARC Group expects the market value to reach US$ 21.81 Billion by 2027, expanding at a CAGR of 4.10% during 2022-2027.

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Key Market Segmentation

The research report includes the following segments:

Breakup by Type:

• Portable

• Stationary

Breakup by Technology:

• Reciprocating/Piston

• Rotary/Screw

• Centrifugal

Breakup by Power Rating:

• 0-100 kW

• 101-300 kW

• 301-500 kW

• 501 kW and Above

Breakup by Lubrication Method:

• Oil-filled

• Oil-free

Breakup by End User:

• Manufacturing

• Semiconductors and Electronics

• Food and Beverages

• Healthcare/Medical

• Home Appliances

• Energy

• Oil and Gas

• Others

Breakup by Region:

• North America

• Asia Pacific

• Europe

• Latin America

• Middle East and Africa

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Competitive Landscape:

• Atlas Copco AB

• Bauer Compressors Inc.

• Berkshire Hathaway Inc.

• Ciasons Industrial Inc.

• Desran Compressor (Shanghai) Co.Ltd

• Doosan Corporation

• ELGi Equipments Limited

• Hitachi Ltd.

• Ingersoll Rand Inc. (Trane Technologies plc)

• Rolair Systems

• Suzler Ltd.

1. What was the size of the global air compressor market in 2021?

2. What is the expected growth rate of the global air compressor market during 2022-2027?

3. What has been the impact of COVID-19 on the global air compressor market?

4. What are the key factors driving the global air compressor market?

5. What is the breakup of the global air compressor market based on the type?

6. What is the breakup of the global air compressor market based on the technology?

7. What is the breakup of the global air compressor market based on the lubrication method?

8. What is the breakup of the global air compressor market based on the power rating?

9. What are the key regions in the global air compressor market?

10. Who are the key players/companies in the global air compressor market?

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A partial List of our Clients

Partial List of Clients

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A partial List of our Clients

Partial List of Clients

We are the trusted business partners to the world's leading corporates, governments, and institutions

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