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The global portable air compressor market by revenue is expected to grow at a CAGR of 5.35% from 2022 to 2028. A portable air compressor provides compressed air to several industries, such as construction, automotive, and oil & gas. They are also utilized as backup compressors in several industries when the stationary compressors break down or require maintenance. The increasing adoption of variable-speed systems, low maintenance cost, effective operation, and retrofitting for existing methods are some factors propelling the global portable air compressor market among the end-use industries. Moreover, energy-efficient portable air compressors are witnessing a surge in demand owing to their cost-effective operations. Hence, air monitoring systems are widely installed for measuring air compressors' impact. Additionally, the subsequent introduction of oil-free-based projects and continuous industry investments are driving the demand for oil-free portable air compressors.
Prominent manufacturers in the global portable air compressor market are developing eco-friendly and low-maintenance systems in their products to encourage users to opt for next-generation compressors. Further, companies such as Sullair, Ingersoll Rand Plc, and Atlas Copco Inc. have developed their products with next-generation systems and high-performance capabilities to differentiate them from other vendors in this highly competitive market. For instance, in 2020, Sullair introduced its redesigned, next-generation 1600H Tier 4 Final portable diesel air compressor, an enhanced model based on the direct voice of customer feedback. A few of the key features offered by these portable air compressors include increased efficiency and reduced noise levels. Moreover, technology integration is the key approach companies select to refine the technologies utilized in their new products and services. An effective technology-integration process starts in the earliest phases of an R&D project and provides a road map for all design, engineering, and manufacturing activities.
Various manufacturers provided IoT-connected air compressors, including Kaeser, Atlas Copco, Elgi, and Hitachi Sullair. For instance, in 2020, Atlas Copco had approximately 100,000 IoT-connected compressors at approximately 35,000 production sites globally. Hence, these compressors deliver more than 150 data measurements per second, including sharing the real-time status of internal parts, such as the motor, belt, etc. Therefore, the advancement and development of new technologies have revolutionized the global portable air compressor market. Moreover, the constant efforts to develop new features and technology for compressors are expected to create new opportunities to expand the portable compressor market during the forecast period.
FUTURE GROWTH OPPORTUNITIES
The manufacturers are emphasizing manufacturing energy-efficient compressors by adopting VFD and VSD technologies, which enables them to save huge amounts of energy on their products in the portable air compressor market. For instance, Atlas Copco’s GA 7-110 VSD+ is an innovative oil-injected compressor that took energy efficiency to a new level with an approximately 50% reduction in energy consumption. Hence, such adoption of energy-efficient technologies is providing an opportunity to the manufacturers during the forecast period.
Further, according to the report by the Department of Business, Energy, and Industrial Strategies state that compressed air systems are one of the large consumers of energy, consuming around 10% of all industrial electrical consumption or 8.8 TWh each year, which results in CO2 emissions of 3,100 kt/year. Hence, such factors are expected to encourage the adoption of energy-efficient electric portable air compressors during the forecast period.
SEGMENTATION INSIGHTS
- The reciprocating portable air compressors segment accounted for a revenue share of USD 623.18 million in the global portable air compressor market, owing to the high adoption of these compressors in manufacturing. Further, these compressors are widely used in the oil and gas sector for operating pneumatic equipment for pipelines, oil extraction & refining, and other processes.
- In the end-user global portable air compressor market, the construction segment is growing at a high CAGR due to the increasing adoption of compressors to provide a power source to pneumatic tools such as sanders, grinders, and wrenchers, among others, and is expected to cross USD 360.34 million by 2028.
- The consumption of portable compressors in the automotive sector is also gaining momentum across several regions. The gaining momentum is contributed by the compressed air used as an energy carrier in the automotive industry to move robotic lines, cutting & welding operations, paint pump operations, and many other applications.
- The adoption of oil-free portable compressors is high in the APAC region owing to the growing manufacturing and automotive industries. In 2022, it accounted for a revenue share of 37.85% in the global portable air compressor market.
- The oil-free segment in the lubrication portable air compressor market is expected to grow at a higher growth rate of 5.56% during the forecast period. The growth is propelled due to the growing implementation of regulations to curb emissions and governments' rising focus on environmental safety.
Segmentation by Product Type
- Reciprocating
- Rotary Screw
- Centrifugal
- Axial
Segmentation by Lubrication Type
- Oil-Injected
- Oil-Free
Segmentation by Airflow Type
- Below 400 CFM
- 400-800 CFM
- Above 800 CFM
Segmentation by Fuel Type
- Conventional
- Electric
Segmentation by End-user Type
- Manufacturing
- Construction
- Pharmaceutical/Healthcare
- Automotive
- Power Generation
- Oil & Gas
- Agriculture
- Others
GEOGRAPHICAL INSIGHTS
APAC accounted for a revenue share of 47.08% in the global portable air compressor market in 2022, owing to continuous government investments in infrastructure development and rapid industrialization. The demand for portable air compressors from various applications, such as manufacturing, home applications, and automotive industries, drives the market growth. Moreover, several manufacturers of compressors in China and India are expected to drive industry growth in the region.
Europe and North America are expected to grow steadily in the portable air compressor market during the forecast period. However, rising investments for infrastructural development in both regions are expected to augment the growth opportunities for industrial air compressors. Further, the increasing focus of consumers on easy-to-use and energy-efficient products is projected to propel the industry growth.
Segmentation by Geography
- North America
- US
- Canada
- Europe
- Germany
- UK
- Italy
- France
- Spain
- APAC
- China
- Japan
- South Korea
- India
- Australia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- UAE
- Saudi Arabia
VENDOR LANDSCAPE
The portable air compressor market can be defined as a competitive market characterized by several prominent industry players, such as Atlas Copco; Bauer Ingersoll Rand Plc; Kaeser Compressors; and Sullair LLC, among others. These companies are expanding their product portfolio to gain a larger industry share. These players are using several organic and inorganic growth strategies, such as M&A and collaborations, to bolster their position in the global market.
Key Vendors
- Atlas Copco
- Gardner Denver
- Kaeser Kompressoren
- Ingersoll-Rand
Other Prominent Vendors
- Sullair, LLC
- Deere & Company
- Rolair Systems
- Doosan Portable Power
- Sullivan-Palatek Inc.
- Hubei Teweite Power Technology Co., Ltd.
- Elgi Compressors USA, Inc.
- CIASONS
- MAT Holding, Inc.
- Quincy Compressor
- Vanair Manufacturing
- BAC Compressor
- SeaComAir
- JSC Remeza
KEY QUESTIONS ANSWERED
- How big is the portable air compressor market?
- What is the growth rate of the portable air compressor market?
- Who are the key players in the global portable air compressor market?
- What are the key driving factors in the portable air compressor market?
- Which region dominates the portable air compressor market?
Table of Contents
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.1.3 Market Estimation Caveats
4.2 Base Year
4.3 Scope of the Study
4.1 Market Segmentation
4.1.1 Market Segmentation by Product Type
4.1.2 Market Segmentation by Lubrication Type
4.1.3 Market Segmentation by Airflow Type
4.1.4 Market Segmentation by Fuel Type
4.1.5 Market Segmentation by End-User Type
4.1.6 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Premium Insights
7.1 Market Overview
7.2 Future Growth Opportunities
7.3 Segmentation Insights
7.4 Geographical Insights
7.5 Vendor Landscape
8 Introduction
8.1 Overview
8.2 Benefits of Portable Air Compressors
8.2.1 Less Noise
8.2.2 Versatile
8.2.3 Power Source
8.2.4 Compact
8.3 Code of Federal Regulations
8.3.1 Applicability
8.3.2 Noise Emissions Standards
8.3.3 Test Procedures
8.4 Initiatives to Curb Industrial Greenhouse Effect
8.5 Economy Scenario
8.6 Value Chain
8.6.1 Raw Materials
8.6.2 Manufacturers/Vendors
8.6.3 Dealers/Distributors
8.6.4 Retailers
8.6.5 End-Users
9 Import & Export Statistics
10 Market Opportunities & Trends
10.1 Growing Demand for Energy-Efficient Compressors
10.2 Advances in Battery Technology
10.3 Growing Inclination Toward Sustainability
11 Market Growth Enablers
11.1 Integration of Technology in Compressors
11.2 Increase in Use of Compressors in Construction Activities
11.3 Increase in Use of Compressors in Households
12 Market Restraints
12.1 Effects of Diesel Consumption
12.2 Volatility in Raw Material Prices
13 Market Landscape
13.1 Market Overview
13.2 Five Forces Analysis
13.2.1 Threat of New Entrants
13.2.2 Bargaining Power of Suppliers
13.2.3 Bargaining Power of Buyers
13.2.4 Threat of Substitutes
13.2.5 Competitive Rivalry
14 Product Type
14.1 Market Snapshot & Growth Engine (Value)
14.2 Market Snapshot & Growth Engine (Volume)
14.3 Market Overview
14.4 Market Size & Forecast
14.5 Reciprocating
14.5.1 Market Overview
14.5.2 Market Size & Forecast
14.5.3 Market by Geography
14.6 Rotary Screw
14.6.1 Market Overview
14.6.2 Market Size & Forecast
14.6.3 Market by Geography
14.7 Centrifugal
14.7.1 Market Overview
14.7.2 Market Size & Forecast
14.7.3 Market by Geography
14.8 Axial
14.8.1 Market Overview
14.8.2 Market Size & Forecast
14.8.3 Market by Geography
15 Lubrication Type
15.1 Market Snapshot & Growth Engine (Value)
15.2 Market Snapshot & Growth Rate (Volume)
15.3 Market Overview
15.4 Market Size & Forecast
15.5 Oil-Injected
15.5.1 Market Overview
15.5.2 Market Size & Forecast
15.5.3 Market by Geography
15.6 Oil-Free
15.6.1 Market Overview
15.6.2 Market Size & Forecast
15.6.3 Market by Geography
16 Airflow Type
16.1 Market Snapshot & Growth Engine (Value)
16.2 Market Snapshot & Growth Rate (Volume)
16.3 Market Overview
16.4 Market Size & Forecast
16.5 Below 400 Cfm
16.5.1 Market Overview
16.5.2 Market Size & Forecast
16.5.3 Market by Geography
16.6 400-800 Cfm
16.6.1 Market Overview
16.6.2 Market Size & Forecast
16.6.3 Market by Geography
16.7 Above 800 Cfm
16.7.1 Market Overview
16.7.2 Market Size & Forecast
16.7.3 Market by Geography
17 Fuel Type
17.1 Market Snapshot & Growth Engine (Value)
17.2 Market Snapshot & Growth Rate (Volume)
17.3 Market Overview
17.4 Market Size & Forecast
17.5 Conventional
17.5.1 Market Overview
17.5.2 Market Size & Forecast
17.5.3 Market by Geography
17.6 Electric
17.6.1 Market Overview
17.6.2 Market Size & Forecast
17.6.3 Market by Geography
18 End-User Type
18.1 Market Snapshot & Growth Engine (Value)
18.2 Market Snapshot & Growth Rate (Volume)
18.3 Market Overview
18.4 Market Size & Forecast
18.5 Manufacturing
18.5.1 Market Overview
18.5.2 Market Size & Forecast
18.5.3 Market by Geography
18.6 Construction
18.6.1 Market Overview
18.6.2 Market Size & Forecast
18.6.3 Market by Geography
18.7 Pharmaceutical & Healthcare
18.7.1 Market Overview
18.7.2 Market Size & Forecast
18.7.3 Market by Geography
18.8 Automotive
18.8.1 Market Overview
18.8.2 Market Size & Forecast
18.8.3 Market by Geography
18.9 Power Generation
18.9.1 Market Overview
18.9.2 Market Size & Forecast
18.9.3 Market by Geography
18.10 Oil & Gas
18.10.1 Market Overview
18.10.2 Market Size & Forecast
18.10.3 Market by Geography
18.11 Agriculture
18.11.1 Market Overview
18.11.2 Market Size & Forecast
18.11.3 Market by Geography
18.12 Others
18.12.1 Market Overview
18.12.2 Market Size & Forecast
18.12.3 Market by Geography
19 Geography
19.1 Market Snapshot & Growth Engine (Value)
19.2 Market Snapshot & Growth Rate (Volume)
19.3 Geographic Overview
20 APAC
20.1 Market Overview
20.2 Market Size & Forecast
20.2.1 Product Type
20.2.2 Lubricant Type
20.2.3 Airflow Type
20.2.4 Fuel Type
20.2.5 End-User Type
20.3 Key Countries
20.3.1 Market Snapshot & Growth Rate (Value)
20.3.2 Market Snapshot & Growth Rate (Volume)
20.3.3 China: Market Size & Forecast
20.3.4 Japan: Market Size & Forecast
20.3.5 India: Market Size & Forecast
20.3.6 South Korea: Market Size & Forecast
20.3.7 Australia: Market Size & Forecast
21 Europe
21.1 Market Overview
21.2 Market Size & Forecast
21.2.1 Product Type
21.2.2 Lubricant Type
21.2.3 Airflow Type
21.2.4 Fuel Type
21.2.5 End-User Type
21.3 Key Countries
21.3.1 Market Snapshot & Growth Rate (Value)
21.3.2 Market Snapshot & Growth Rate (Volume)
21.3.3 Germany: Market Size & Forecast
21.3.4 Uk: Market Size & Forecast
21.3.5 France: Market Size & Forecast
21.3.6 Italy: Market Size & Forecast
21.3.7 Spain: Market Size & Forecast
22 North America
22.1 Market Overview
22.2 Market Size & Forecast
22.2.1 Product Type
22.2.2 Lubricant Type
22.2.3 Airflow Type
22.2.4 Fuel Type
22.2.5 End-User Type
22.3 Key Countries
22.3.1 Market Snapshot & Growth Rate (Value)
22.4.1 Market Snapshot & Growth Rate (Volume)
22.4.2 Us: Market Size & Forecast
22.4.3 Canada: Market Size & Forecast
23 Latin America
23.1 Market Overview
23.2 Market Size & Forecast
23.2.1 Product Type
23.2.2 Lubricant Type
23.2.3 Airflow Type
23.2.4 Fuel Type
23.2.5 End-User Type
23.3 Key Countries
23.3.1 Market Snapshot & Growth Rate (Value)
23.3.2 Market Snapshot & Growth Rate (Volume)
23.3.3 Brazil: Market Size & Forecast
23.3.4 Mexico: Market Size & Forecast
23.3.5 Argentina: Market Size & Forecast
24 Middle East & Africa
24.1 Market Overview
24.2 Market Size & Forecast
24.2.1 Product Type
24.2.2 Lubricant Type
24.2.3 Airflow Type
24.2.4 Fuel Type
24.2.5 End-User Type
24.3 Key Countries
24.3.1 Market Snapshot & Growth Rate (Value)
24.3.2 Market Snapshot & Growth Rate (Volume)
24.3.3 Saudi Arabia: Market Size & Forecast
24.3.4 Uae: Market Size & Forecast
24.3.5 South Africa: Market Size & Forecast
25 Competitive Landscape
25.1 Competition Overview
26 Key Company Profiles
26.1 Atlas Copco
26.1.1 Business Overview
26.1.2 Key Strategies
26.1.3 Product Offerings
26.1.4 Key Strengths
26.1.5 Key Opportunities
26.2 Gardner Denver
26.2.1 Business Overview
26.2.2 Product Offerings
26.2.3 Key Strategies
26.2.4 Key Strengths
26.2.5 Key Opportunities
26.3 Kaeser Kompressoren
26.3.1 Business Overview
26.3.2 Product Offerings
26.3.3 Key Strategies
26.3.4 Key Strengths
26.3.5 Key Opportunities
26.4 Ingersoll-Rand
26.4.1 Business Overview
26.4.2 Product Offerings
26.4.3 Key Strategies
26.4.4 Key Strengths
26.4.5 Key Opportunities
27 Other Prominent Vendors
27.1 Sullair, LLC
27.1.1 Business Overview
27.1.2 Product Offerings
27.2 Deere & Company
27.2.1 Business Overview
27.2.2 Product Offerings
27.3 Rolair Systems
27.3.1 Business Overview
27.3.2 Product Offerings
27.4 Doosan Portable Power
27.4.1 Business Overview
27.4.2 Product Offerings
27.5 Sullivan-Palatek, Inc.
27.5.1 Business Overview
27.5.2 Product Offerings
27.6 Hubei Teweite Power Technology Co. Ltd.
27.6.1 Business Overview
27.6.2 Product Offerings
27.7 Elgi Compressors Usa, Inc.
27.7.1 Business Overview
27.7.2 Product Offerings
27.8 Ciasons
27.8.1 Business Overview
27.8.2 Product Offerings
27.9 Mat Holding, Inc.
27.9.1 Business Overview
27.9.2 Product Offerings
27.10 Quincy Compressor
27.10.1 Business Overview
27.10.2 Product Offerings
27.11 Vanair Manufacturing
27.11.1 Business Overview
27.11.2 Product Offerings
27.12 Bca Compressors
27.12.1 Business Overview
27.12.2 Product Offerings
27.13 Seacomair
27.13.1 Business Overview
27.13.2 Product Offerings
27.14 Remeza Jsc
27.14.1 Business Overview
27.14.2 Product Offerings
28 Report Summary
28.1 Key Takeaways
28.2 Strategic Recommendations
29 Quantitative Summary
29.1 Market by Geography
29.2 Market by Product Type
29.3 Market by Lubricant Type
29.4 Market by Airflow Type
29.5 Market by Fuel Type
29.6 Market by End-User Type
30 Appendix
30.1 Abbreviations
Companies Mentioned
- Atlas Copco
- Gardner Denver
- Kaeser Kompressoren
- Ingersoll-Rand
- Sullair, LLC
- Deere & Company
- Rolair Systems
- Doosan Portable Power
- Sullivan-Palatek Inc.
- Hubei Teweite Power Technology Co., Ltd.
- Elgi Compressors USA, Inc.
- CIASONS
- MAT Holding, Inc.
- Quincy Compressor
- Vanair Manufacturing
- BAC Compressor
- SeaComAir
- JSC Remeza
Methodology
Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.
Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 317 |
| Published | February 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 1160 Million |
| Forecasted Market Value ( USD | $ 1585.8 Million |
| Compound Annual Growth Rate | 5.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 18 |
