Market Overview:
The global industrial air compressor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for compressed air in various industries such as petrochemical and chemical, machinery manufacturing, mining and metallurgy, construction, and others. Additionally, the growing demand for energy-efficient and reliable compressors is also propelling the growth of this market.
Product Definition:
An industrial air compressor is a machine that converts power into compressed air. Compressed air is an important resource in many industries, such as manufacturing, automotive repair, and construction. Industrial air compressors are often used to power tools like drills and saws, or to run machines like paint guns or sandblasters.
Reciprocating Air Compressor:
Reciprocating air compressor is a mechanical device used to increase and decrease the flow of air in a controlled manner. It works on the principle of reciprocating motion which means that it has an inhalation chamber and exhalation valve in common configuration. The machine can be operated both as positive displacement compressor and negative displacement compressor by changing the rotational direction of its impellers.
Screw air compressors:
Screw air compressors are used to increase the pressure of a gas or fluid. It is one of the most common and popular types of air compressor. The working principle behind it is that a screw, which is driven by an electric motor, rotates within an enclosed chamber filled with compressed air. As soon as the pressure in this enclosed chamber surpasses atmospheric pressure, this screw begins to turn and generate low-pressure area around it by creating vacuum cleaner like action.
Application Insights:
The global industrial air compressor market is segmented by application into petrochemical and chemical, machinery manufacturing, mining and metallurgy, construction and others. The petrochemical and chemical industry was the largest consumer of compressors in 2017. Petrochemicals are primarily used to produce a wide range of products including fertilizers, pesticides, polymers & resins for various end-use industries such as agriculture and construction.
Industrial applications include oil & gas refineries along with other chemical processing plants that use natural gas as a feedstock for their operations. These plants require large volumes of compressed air to run their equipment on a daily basis which contributes towards the overall demand from this sector globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising industrialization, increasing population, rapid urbanization and growing per capita income. China is one of the largest markets for industrial air compressors owing to its large-scale manufacturing industry base coupled with a rapidly expanding construction sector.
The demand for screw compressors in Asia Pacific is expected to witness significant growth due to their increased application scope in various end-use industries including food & beverage, medical equipment & supplies, HVAC& refrigeration among others. Furthermore, India's manufacturing sector has witnessed an upsurge over the past few years on account of strong economic growth which has led it being named as one of the fastest developing economies globally by many international organizations such as World Bank Group; International Monetary Fund (IMF); and Organization for Economic Co-operation and Development (OECD).
Growth Factors:
- Increasing demand for compressed air in end-use industries such as automotive, food and beverage, metal fabrication, and others
- Growing investments in industrial infrastructure by developing countries
- Rising adoption of energy-efficient technologies
- Proliferation of rental services for air compressors
- Technological advancements that improve the performance and efficiency of air compressors
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Air Compressor Market Research Report
By Type
Reciprocating Air Compressor, Screw air compressors, Centrifugal Air Compressor, Others
By Application
Petrochemical and chemical, Machinery Manufacturing, Mining and Metallurgy, Construction, Others
By Companies
Atlas Copco, Ingersoll Rand, Sullair, KAESER, DOOSAN, Gardner Denver, BOGE, Kobelco, Elgi, Airman, Fusheng, KAISHAN, Hongwuhuan, HANBELL
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Air Compressor Market Report Segments:
The global Industrial Air Compressor market is segmented on the basis of:
Types
Reciprocating Air Compressor, Screw air compressors, Centrifugal Air Compressor, Others
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
Petrochemical and chemical, Machinery Manufacturing, Mining and Metallurgy, Construction, Others
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
- Ingersoll Rand
- Sullair
- KAESER
- DOOSAN
- Gardner Denver
- BOGE
- Kobelco
- Elgi
- Airman
- Fusheng
- KAISHAN
- Hongwuhuan
- HANBELL
Highlights of The Industrial Air Compressor 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:
- Reciprocating Air Compressor
- Screw air compressors
- Centrifugal Air Compressor
- Others
- By Application:
- Petrochemical and chemical
- Machinery Manufacturing
- Mining and Metallurgy
- Construction
- Others
- 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 Industrial Air Compressor 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Industrial air compressors are used in factories, warehouses, and other industrial settings to provide compressed air for a variety of purposes. They are typically large machines that use pistons and blades to create high-pressure air.
Some of the major players in the industrial air compressor market are Atlas Copco, Ingersoll Rand, Sullair, KAESER, DOOSAN, Gardner Denver, BOGE, Kobelco, Elgi, Airman, Fusheng, KAISHAN, Hongwuhuan, HANBELL.
The industrial air compressor market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Air Compressor Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial Air Compressor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Air Compressor Market - Supply Chain
4.5. Global Industrial Air Compressor Market Forecast
4.5.1. Industrial Air Compressor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Air Compressor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Air Compressor Market Absolute $ Opportunity
5. Global Industrial Air Compressor Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Industrial Air Compressor Market Size and Volume Forecast by Type
5.3.1. Reciprocating Air Compressor
5.3.2. Screw air compressors
5.3.3. Centrifugal Air Compressor
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Air Compressor Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Industrial Air Compressor Market Size and Volume Forecast by Application
6.3.1. Petrochemical and chemical
6.3.2. Machinery Manufacturing
6.3.3. Mining and Metallurgy
6.3.4. Construction
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Air Compressor Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Industrial Air Compressor Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Industrial Air Compressor Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Industrial Air Compressor Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Industrial Air Compressor Demand Share Forecast, 2019-2026
9. North America Industrial Air Compressor Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Industrial Air Compressor Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Industrial Air Compressor Market Size and Volume Forecast by Application
9.4.1. Petrochemical and chemical
9.4.2. Machinery Manufacturing
9.4.3. Mining and Metallurgy
9.4.4. Construction
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Air Compressor Market Size and Volume Forecast by Type
9.7.1. Reciprocating Air Compressor
9.7.2. Screw air compressors
9.7.3. Centrifugal Air Compressor
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Industrial Air Compressor Demand Share Forecast, 2019-2026
10. Latin America Industrial Air Compressor Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Industrial Air Compressor Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Industrial Air Compressor Market Size and Volume Forecast by Application
10.4.1. Petrochemical and chemical
10.4.2. Machinery Manufacturing
10.4.3. Mining and Metallurgy
10.4.4. Construction
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Air Compressor Market Size and Volume Forecast by Type
10.7.1. Reciprocating Air Compressor
10.7.2. Screw air compressors
10.7.3. Centrifugal Air Compressor
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Industrial Air Compressor Demand Share Forecast, 2019-2026
11. Europe Industrial Air Compressor Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Industrial Air Compressor Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Industrial Air Compressor Market Size and Volume Forecast by Application
11.4.1. Petrochemical and chemical
11.4.2. Machinery Manufacturing
11.4.3. Mining and Metallurgy
11.4.4. Construction
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Air Compressor Market Size and Volume Forecast by Type
11.7.1. Reciprocating Air Compressor
11.7.2. Screw air compressors
11.7.3. Centrifugal Air Compressor
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Industrial Air Compressor Demand Share, 2019-2026
12. Asia Pacific Industrial Air Compressor Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Industrial Air Compressor Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Industrial Air Compressor Market Size and Volume Forecast by Application
12.4.1. Petrochemical and chemical
12.4.2. Machinery Manufacturing
12.4.3. Mining and Metallurgy
12.4.4. Construction
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Air Compressor Market Size and Volume Forecast by Type
12.7.1. Reciprocating Air Compressor
12.7.2. Screw air compressors
12.7.3. Centrifugal Air Compressor
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Industrial Air Compressor Demand Share, 2019-2026
13. Middle East & Africa Industrial Air Compressor Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Industrial Air Compressor Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Industrial Air Compressor Market Size and Volume Forecast by Application
13.4.1. Petrochemical and chemical
13.4.2. Machinery Manufacturing
13.4.3. Mining and Metallurgy
13.4.4. Construction
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Air Compressor Market Size and Volume Forecast by Type
13.7.1. Reciprocating Air Compressor
13.7.2. Screw air compressors
13.7.3. Centrifugal Air Compressor
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Industrial Air Compressor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial Air Compressor Market: Market Share Analysis
14.2. Industrial Air Compressor Distributors and Customers
14.3. Industrial Air Compressor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Atlas Copco
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ingersoll Rand
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sullair
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. KAESER
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. DOOSAN
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Gardner Denver
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BOGE
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kobelco
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Elgi
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Airman
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Fusheng
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. KAISHAN
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Hongwuhuan
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. HANBELL
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook