The global market for Industrial Air Compressors is estimated at US$35.9 Billion in 2023 and is projected to reach US$51.1 Billion by 2030, growing at a CAGR of 5.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the industrial air compressors market is driven by several factors, including the growing adoption across various sectors, the introduction of innovative compressor models, surging demand for energy, especially in emerging economies like China and India. The widespread use of industrial air compressors across industries such as chemicals, petrochemicals, food and beverage, and oil and gas underscores their integral role in enhancing productivity and operational efficiency. The push for energy efficiency is reshaping industries, notably in sectors like oil and gas, where there's a concerted effort to meet energy efficiency standards and minimize emissions, thus fueling demand is rising for energy-efficient compressors.
Innovations aimed at reducing energy consumption, enhancing operational speed, and ensuring reliability in challenging environments are expected to keep the industrial air compressor market competitive and thriving. Therefore, the escalating demand for energy-efficient industrial air compressor systems, coupled with the introduction of innovative products, is set to propel market growth in the coming years.
The growth in the industrial air compressors market is driven by several factors, including the growing adoption across various sectors, the introduction of innovative compressor models, surging demand for energy, especially in emerging economies like China and India. The widespread use of industrial air compressors across industries such as chemicals, petrochemicals, food and beverage, and oil and gas underscores their integral role in enhancing productivity and operational efficiency. The push for energy efficiency is reshaping industries, notably in sectors like oil and gas, where there's a concerted effort to meet energy efficiency standards and minimize emissions, thus fueling demand is rising for energy-efficient compressors.
Innovations aimed at reducing energy consumption, enhancing operational speed, and ensuring reliability in challenging environments are expected to keep the industrial air compressor market competitive and thriving. Therefore, the escalating demand for energy-efficient industrial air compressor systems, coupled with the introduction of innovative products, is set to propel market growth in the coming years.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Positive Displacement Air Compressors segment, which is expected to reach US$30.5 Billion by 2030 with a CAGR of a 5.4%. The Dynamic Displacement Air Compressors segment is also set to grow at 4.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $8.8 Billion in 2023, and China, forecasted to grow at an impressive 6.8% CAGR to reach $10.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Industrial Air Compressors Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Industrial Air Compressors Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Industrial Air Compressors Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Aerzener Maschinenfabrik GmbH, Ariel Corporation, Atlas Copco Group, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 188 Featured):
- Aerzener Maschinenfabrik GmbH
- Ariel Corporation
- Atlas Copco Group
- BAUER COMP Holding GmbH
- Danfoss A/S
- Elgi Equipments Limited
- FS-Curtis
- Gardner Denver
- Hanwha Power Systems CO., LTD.
- Hitachi Ltd
- Howden Group Ltd.
- IHI Corporation
- Ingersoll Rand
- Kaeser Kompressoren
- Kobe Steel, Ltd
- Mayekawa Mfg. Co., LTD
- Mikuni Kikai Kogyo Co., LTD.
- Mitsubishi Heavy Industries Ltd.
- Mitsui E&S Holdings Co., Ltd
- Parker Hannifin Corporation
- Siemens AG
- Sulzer Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAJAPANCHINAFRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPEAUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTAFRICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
EUROPE
ASIA-PACIFIC
Companies Mentioned
- Aerzener Maschinenfabrik GmbH
- Ariel Corporation
- Atlas Copco Group
- BAUER COMP Holding GmbH
- Danfoss A/S
- Elgi Equipments Limited
- FS-Curtis
- Gardner Denver
- Hanwha Power Systems CO., LTD.
- Hitachi Ltd
- Howden Group Ltd.
- IHI Corporation
- Ingersoll Rand
- Kaeser Kompressoren
- Kobe Steel, Ltd
- Mayekawa Mfg. Co., LTD
- Mikuni Kikai Kogyo Co., LTD.
- Mitsubishi Heavy Industries Ltd.
- Mitsui E&S Holdings Co., Ltd
- Parker Hannifin Corporation
- Siemens AG
- Sulzer Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 764 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 35.9 Billion |
| Forecasted Market Value ( USD | $ 51.1 Billion |
| Compound Annual Growth Rate | 5.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 22 |
