Market Overview:
The global AC compressors market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for air conditioning across the globe. Additionally, the growing awareness about energy-efficient air conditioning systems is also propelling the growth of this market. The global AC compressors market can be segmented on the basis of type and application. On the basis of type, it can be divided into positive displacement and centrifugal compressors. Positive displacement compressors are further classified into reciprocating and rotary types while centrifugal compressor are sub-divided into single stage and two stage types.
Product Definition:
An AC compressor is a device used to increase the pressure of a fluid, typically air or refrigerant, in an air conditioning system. The compressor increases the pressure of the refrigerant gas by squeezing it between two metal plates. This high-pressure gas is then forced through the coils at the condenser, which cools it and turns it back into liquid form. The liquid refrigerant then flows through the tubes in the evaporator coil where it absorbs heat from inside your home and turns back into a gas.
Positive Displacement:
Positive displacement compressor is a type of air compressor in which the reciprocating motion of piston is opposed by a stationary blower or fan. The compressed air entering the engine through intake stroke, acts as a rotary vacuum cleaner and is expanded again on exit through exhaust stroke. This process continues until the pressure differential between input and output reduces to zero, thereby creating an airflow inside the cylinder that drives the machine.
Centrifugal Compressors:
Centrifugal compressor is a mechanical device used to increase the pressure inside a chamber. It consists of impeller, case, and blades. The high speed rotating impeller causes gas to expand and this process creates pressure.
Application Insights:
The industrial application segment led the global AC compressors market in 2017 and is projected to witness significant growth over the forecast period. Rapid urbanization coupled with rising demand for construction of new industrial buildings across emerging economies such as India, China and Brazil is expected to drive the product demand in this segment over the coming years.
The commercial sector comprises hotels, restaurants and other food chains, educational institutions (schools), healthcare facilities/clinics (hospitals), government offices and public utility areas including airports and railway stations. The need for maintaining temperature controls while reducing electricity bills at these establishments drives their preference for using air conditioning systems over conventional cooling methods such as water or ice-based solutions. This has resulted in a high penetration of AC units in commercial applications globally.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a rise in demand for air compressors on account of increasing number of construction projects and remodeling activities. In addition, rising need for portable devices by consumers is anticipated to propel the growth over the forecast period.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to rapid industrialization and urbanization resulting in increased infrastructure spending, especially in developing countries such as China and India. Rising population coupled with growing disposable income will also drive regional growth over next eight years. Moreover, government initiatives encouraging private investments are likely to boost industry expansion over next few years.
Growth Factors:
- Increasing demand for air conditioning in residential and commercial sectors
- Rising disposable income of consumers in developing countries
- Technological advancements in AC compressors that improve performance and efficiency
- Growing popularity of inverter technology in AC compressors
- Stringent energy efficiency norms by governments across the world
Scope Of The Report
Report Attributes
Report Details
Report Title
AC Compressors Market Research Report
By Type
Positive Displacement, Centrifugal Compressors
By Application
Commercial, Industrial, Residential
By Companies
Atlas Copco, GE, Ingersoll Rand, Siemens (Dresser-Rand), Accudyne Industries, BOGE, Doosan, Ebara, ELGI Equipment, Fusheng, Gardner Denver, Hanbell, Hitachi, Hongwuhuan, Kaeser Compressors, Kaishan, Kirloskar, Kobe Steel, Mitsubishi Heavy Industries, Shanghai Feihe Industrial Group, Shanghai Screw Compressor, Sulzer, Thomas Industries, VMAC, Wuxi Compressor, Yujin Machinery
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global AC Compressors Market Report Segments:
The global AC Compressors market is segmented on the basis of:
Types
Positive Displacement, Centrifugal Compressors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Industrial, Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Atlas Copco
- GE
- Ingersoll Rand
- Siemens (Dresser-Rand)
- Accudyne Industries
- BOGE
- Doosan
- Ebara
- ELGI Equipment
- Fusheng
- Gardner Denver
- Hanbell
- Hitachi
- Hongwuhuan
- Kaeser Compressors
- Kaishan
- Kirloskar
- Kobe Steel
- Mitsubishi Heavy Industries
- Shanghai Feihe Industrial Group
- Shanghai Screw Compressor
- Sulzer
- Thomas Industries
- VMAC
- Wuxi Compressor
- Yujin Machinery
Highlights of The AC Compressors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Positive Displacement
- Centrifugal Compressors
- By Application:
- Commercial
- Industrial
- Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the AC Compressors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An AC compressor is a device that uses the power of an alternating current to compress air. This compression makes it possible to move more air through a given space with less energy, which can save energy in applications like heating and cooling.
Some of the key players operating in the ac compressors market are Atlas Copco, GE, Ingersoll Rand, Siemens (Dresser-Rand), Accudyne Industries, BOGE, Doosan, Ebara, ELGI Equipment, Fusheng, Gardner Denver, Hanbell, Hitachi, Hongwuhuan, Kaeser Compressors, Kaishan, Kirloskar, Kobe Steel, Mitsubishi Heavy Industries, Shanghai Feihe Industrial Group, Shanghai Screw Compressor, Sulzer, Thomas Industries, VMAC, Wuxi Compressor, Yujin Machinery.
The ac compressors market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 AC Compressors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 AC Compressors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 AC Compressors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the AC Compressors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global AC Compressors Market Size & Forecast, 2020-2028
4.5.1 AC Compressors Market Size and Y-o-Y Growth
4.5.2 AC Compressors Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Positive Displacement
5.2.2 Centrifugal Compressors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Industrial
6.2.3 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global AC Compressors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 AC Compressors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Positive Displacement
9.6.2 Centrifugal Compressors
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Industrial
9.10.3 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Positive Displacement
10.6.2 Centrifugal Compressors
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Industrial
10.10.3 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Positive Displacement
11.6.2 Centrifugal Compressors
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Industrial
11.10.3 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Positive Displacement
12.6.2 Centrifugal Compressors
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Industrial
12.10.3 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Positive Displacement
13.6.2 Centrifugal Compressors
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Industrial
13.10.3 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 AC Compressors Market: Competitive Dashboard
14.2 Global AC Compressors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Atlas Copco
14.3.2 GE
14.3.3 Ingersoll Rand
14.3.4 Siemens (Dresser-Rand)
14.3.5 Accudyne Industries
14.3.6 BOGE
14.3.7 Doosan
14.3.8 Ebara
14.3.9 ELGI Equipment
14.3.10 Fusheng
14.3.11 Gardner Denver
14.3.12 Hanbell
14.3.13 Hitachi
14.3.14 Hongwuhuan
14.3.15 Kaeser Compressors
14.3.16 Kaishan
14.3.17 Kirloskar
14.3.18 Kobe Steel
14.3.19 Mitsubishi Heavy Industries
14.3.20 Shanghai Feihe Industrial Group
14.3.21 Shanghai Screw Compressor
14.3.22 Sulzer
14.3.23 Thomas Industries
14.3.24 VMAC
14.3.25 Wuxi Compressor
14.3.26 Yujin Machinery
