Air Compressor Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Air Compressor Market: By Type (Portable, Stationary), By Technology (Reciprocating, Rotary, Centrifugal) By Lubrication Method (Oiled, Oil-free), By Application (Food & Beverage, Oil & Gas, Manufacturing, Medical, Power Generation, Others) and Geography

 

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Report

Description

Air compressor Market size is valued at USD 28,643.2 million in 2021 and is expected to grow at a significant CAGR of 4.5% during the forecast period 2022 to 2028. The global market provides a detailed overview and that can be segmented by type, by technology, by lubrication method, and by application. By type, the market has been segmented into Portable, Stationary. The portable segment is likely to be the largest and fastest-growing segment in terms of type. Based on technology, air compressor market is segmented into Reciprocating, Rotary, Centrifugal.  Among these, the reciprocating segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on the lubrication method, the air compressor market is segmented into Oiled, Oil-free. The oiled segment accounts for the largest share in 2021. Oil-free is the second-largest share during the forecast period 2021-2028. Based on the application, the market has been segregated into Food & Beverage, Oil & Gas, Manufacturing, Medical, Power Generation, and Others. The Food & beverage segment is expected to dominate other segments in air compressor market. The food & beverage segment is expected to witness the highest CAGR during the forecast period according to Precision Business Insights.

Key Development:

In October 2021, Ingersoll Rand acquired Air Dimensions Inc. for an all-cash purchase of USD 70.5 million. Air Dimensions designs, manufactures and sells vacuum diaphragm pumps primarily for environmental applications in high-growth, sustainable end markets, such as emission monitoring, biogas, utility, and chemical processes.

Air Compressor Market

MARKET SUMMARY
-
4.5% CAGR
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 4.5%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– Asia Pacific

Air Compressor Market

  • The air compressor market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The air compressor market report gives historical, current, and future market sizes (US$ Mn) based on by type, technology, lubrication method, application and geography.
Key Players
  • Galaxy Auto Stationary Equipment
  • Gast Manufacturing, Inc.
  • GENERAL ELECTRIC
  • Ingersoll Rand Plc
  • Kaeser Compressors
  • MAT Industries, LLC
Air Compressor Market Drivers

The market growth is driven by the demand for air compressors from various applications, such as food and beverage, manufacturing, home appliances, and oil and gas industries.


Asia-Pacific Got Significant Share

Air Compressor Market

By region, the Asia Pacific market is expected to witness the highest market share during the forecast period owing to the continuous government investments in infrastructure development and rapid industrialization.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The air compressor market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The air compressor market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The air compressor market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The air compressor market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The air compressor market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Air Compressor Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The air compressor market is projected to expand at a CAGR of 4.5% during the forecast period.

The major players in the global air compressors market are Aertex Compressor, Atlas Copco, CMC,Bauer Group, BelAire Compressors, Cook Compression, Compressor Products International (CPI), Frank Compressors, Galaxy Auto Stationary Equipment Co. Ltd., Gast Manufacturing, Inc., GENERAL ELECTRIC, Ingersoll Rand Plc, Kaeser Compressors, MAT Industries, LLC

Asia Pacific is the fastest-growing region for air compressor market


Report

Table Of Content

1. Executive Summary
2. Global Air Compressor Market Introduction
2.1. Global Air Compressor Market – Taxonomy
2.2. Global Air Compressor Market –Definitions
2.2.1. By Type
2.2.2. By Technology
2.2.3. By Lubrication Method
2.2.4. By Application
2.2.5. By Region
3. Global Air Compressor Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Air Compressor Market Dynamic Factors – Impact Analysis
3.6. Global Air Compressor Market – Competition Landscape
4. Global Air Compressor Market Analysis, 2017-2021 and Forecast, 2022-2028
4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Air Compressor Market, By Type, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1. Portable
5.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Stationery
5.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
6. Global Air Compressor Market, By Technology, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1. Reciprocating
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Rotary
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Centrifugal
6.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
7. Global Air Compressor Market, By Lubrication Method, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1. Oiled
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Oil-free
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
8. Global Air Compressor Market, By Application, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1. Food & Beverage
8.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Oil & Gas
8.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Manufacturing
8.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Medical
8.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Power Generation
8.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Others
8.6.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.6.3. Market Opportunity Analysis
9. Global Air Compressor Market Forecast, By Region, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1. North America
9.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Air Compressor Market – Opportunity Analysis Index, By Type, Technology, Air Compressor, Application, and Region, 2022-2028
10. North America Air Compressor Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
10.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Portable
10.1.2. Stationary
10.2. Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Reciprocating
10.2.2. Rotary
10.2.3. Centrifugal
10.3. Lubrication Method Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Oiled
10.3.2. Oil-free
10.4. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. Food & Beverage
10.4.2. Oil & Gas
10.4.3. Manufacturing
10.4.4. Medical
10.4.5. Power Generation
10.4.6. Others
10.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. USA
10.5.2. Canada
10.6. North America Air Compressor Market – Opportunity Analysis Index, By Type, Technology, Lubrication Method, Application, and Country, 2022-2028
10.7. North America Air Compressor Market Dynamics – Trends
11. Europe Air Compressor Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
11.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Portable
11.1.2. Stationary
11.2. Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Reciprocating
11.2.2. Rotary
11.2.3. Centrifugal
11.3. Lubrication Method Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Oiled
11.3.2. Oil-free
11.4. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Food & Beverage
11.4.2. Oil & Gas
11.4.3. Manufacturing
11.4.4. Medical
11.4.5. Power Generation
11.4.6. Others
11.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Russia
11.5.7. Rest of Europe
11.6. Europe Air Compressor Market – Opportunity Analysis Index, By Type, Technology, Lubrication Method, Application, and Country, 2022-2028
11.7. Europe Air Compressor Market Dynamics – Trends
12. Asia-Pacific Air Compressor Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
12.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Portable
12.1.2. Stationary
12.2. Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Reciprocating
12.2.2. Rotary
12.2.3. Centrifugal
12.3. Lubrication Method Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Oiled
12.3.2. Oil-free
12.4. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Food & Beverage
12.4.2. Oil & Gas
12.4.3. Manufacturing
12.4.4. Medical
12.4.5. Power Generation
12.4.6. Others
12.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. China
12.5.2. India
12.5.3. Japan
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Air Compressor Market – Opportunity Analysis Index, By Type, Technology, Lubrication Method, Application, and Country, 2022-2028
12.7. Asia-Pacific Air Compressor Market Dynamics – Trends
13. Latin America Air Compressor Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
13.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Portable
13.1.2. Stationary
13.2. Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Reciprocating
13.2.2. Rotary
13.2.3. Centrifugal
13.3. Lubrication Method Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Oiled
13.3.2. Oil-free
13.4. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Food & Beverage
13.4.2. Oil & Gas
13.4.3. Manufacturing
13.4.4. Medical
13.4.5. Power Generation
13.4.6. Others
13.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Rest of Latin America
13.6. Latin America Air Compressor Market – Opportunity Analysis Index, By Type, Technology, Lubrication Method, Application, and Country, 2022-2028
13.7. Latin America Air Compressor Market Dynamics – Trends
14. Middle East and Africa Air Compressor Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
14.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.1. Portable
14.1.2. Stationary
14.2. Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.2.1. Reciprocating
14.2.2. Rotary
14.2.3. Centrifugal
14.3. Lubrication Method Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. Oiled
14.3.2. Oil-free
14.4. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. Food & Beverage
14.4.2. Oil & Gas
14.4.3. Manufacturing
14.4.4. Medical
14.4.5. Power Generation
14.4.6. Others
14.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. South Africa
14.5.3. Rest of MEA
14.6. MEA Air Compressor Market – Opportunity Analysis Index, By Type, Technology, Lubrication Method, Application, and Country, 2022-2028
14.7. MEA Air Compressor Market Dynamics – Trends
15. Competition Landscape 
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, Key Types, Key Developments, Strategies, and SWOT Analysis)
15.2.1. AireTex Compressor
15.2.2. Atlas Copco
15.2.3. Bauer Group
15.2.4. CMC
15.2.5. BelAire Compressors
15.2.6. Cook Compression
15.2.7. Compressor Products International (CPI)
15.2.8. Frank Compressors
15.2.9. Galaxy Auto Stationary Equipment Co. Ltd.
15.2.10. Gast Manufacturing, Inc.
15.2.11. GENERAL ELECTRIC
15.2.12. Ingersoll Rand Plc
15.2.13. Kaeser Compressors
15.2.14. MAT Industries, LLC
16. Research Methodology
17. Key Assumptions and Acronyms

Report

Company Profile

  • AireTex Compressor
  • Atlas Copco
  • Bauer Group
  • CMC
  • BelAire Compressors
  • Cook Compression
  • Compressor Products Internationa
  • Frank Compressors
  • Galaxy Auto Stationary Equipment
  • Gast Manufacturing, Inc.
  • GENERAL ELECTRIC
  • Ingersoll Rand Plc
  • Kaeser Compressors
  • MAT Industries, LLC

Description

Air compressor Market size is valued at USD 28,643.2 million in 2021 and is expected to grow at a significant CAGR of 4.5% during the forecast period 2022 to 2028. The global market provides a detailed overview and that can be segmented by type, by technology, by lubrication method, and by application. By type, the market has been segmented into Portable, Stationary. The portable segment is likely to be the largest and fastest-growing segment in terms of type. Based on technology, air compressor market is segmented into Reciprocating, Rotary, Centrifugal.  Among these, the reciprocating segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on the lubrication method, the air compressor market is segmented into Oiled, Oil-free. The oiled segment accounts for the largest share in 2021. Oil-free is the second-largest share during the forecast period 2021-2028. Based on the application, the market has been segregated into Food & Beverage, Oil & Gas, Manufacturing, Medical, Power Generation, and Others. The Food & beverage segment is expected to dominate other segments in air compressor market. The food & beverage segment is expected to witness the highest CAGR during the forecast period according to Precision Business Insights.

Key Development:

In October 2021, Ingersoll Rand acquired Air Dimensions Inc. for an all-cash purchase of USD 70.5 million. Air Dimensions designs, manufactures and sells vacuum diaphragm pumps primarily for environmental applications in high-growth, sustainable end markets, such as emission monitoring, biogas, utility, and chemical processes.

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