According to a new research published by Polaris Market Research the air compressor market is anticipated to reach over USD 45.6 billion by 2026. In 2017, the stationary air compressor segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.
The increasing applications of air compressors in industries such as healthcare, construction, mining, automotive, and oil & gas among others are expected to support the growth of this market. Other driving factors include high energy efficiency, low maintenance cost, environmentally friendliness, portability, ability to deliver variation in supplied pressure. The increasing awareness regarding use of energy efficient compressors would boost the market growth during the forecast period. However, rising cost of raw material, noise pollution, and contaminated compressed air hamper the growth of the market. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.
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Air compressors are used to power a variety of equipment in diverse applications such as automated tools, spray painting equipment, material handling and separation equipment. There has been an increasing demand of energy efficient air compressor over the years. Use of energy efficient air compressors helps in conserving electricity and reducing costs. Thus, launch of energy efficient air compressors by leading players in the market would provide growth opportunities in the market.
Turbocor and thermoacoustic are some emerging technologies in the air compressor segment. Compressors based on turbocor technology offer an oil free design with comparatively lesser moving parts, and deliver high performance and reliability. Thermoacoustic compressors utilize a thermoacoustic engine and a positive displacement reciprocating compressor. These upcoming technologies along with research and development would provide new opportunities in the air compressor market.
Asia-Pacific generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The presence of emerging industries such as healthcare, agriculture, construction, and automotive, substantial initiatives in research and development, and favorable government policies drive the market growth. Rapid industrialization and growth of manufacturing industry further support market growth in the region.
The different types of air compressors include stationary, and portable. In 2017, the stationary segment accounted for the highest market share. The stationary air compressors have higher capacity with large tank sizes, enabling them to operate with high-power motors. These air compressors are suitable for heavy industrial applications. They are widely used in industries such as automobile, mining, manufacturing, construction, and others. Oil lubricated air compressors, which support the heavy duty applications, are commonly used for stationary air compressors.
The well-known companies profiled in the report include Sullair, LLC, VMAC Company, Mitsubishi Heavy Industries Ltd., Atlas Copco, Ingersoll Rand Inc., Kobe Steel, Bauer Group, GE Energy, Hitachi Industrial Equipment Systems Co., Ltd., Oasis Manufacturing, Rolair Systems, and Kaeser Compressors among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
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- Air Compressor Market Size and Forecast, 2017-2026 by Type
- Stationary
- Portable
- Air Compressor Market Size and Forecast, 2017-2026 by Lubrication
- Oiled
- Oil free
- Air Compressor Market Size and Forecast, 2017-2026 by Technology
- Rotary
- Reciprocating
- Centrifugal
- Air Compressor Market Size and Forecast, 2017-2026 by End-User
- Manufacturing
- Construction
- Oil & Gas
- Healthcare
- Energy
- Others
- Air Compressor Market Size and Forecast, 2017-2026 by Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Latin America
- Brazil
- Middle East & Africa
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About Polaris Market Research
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According to a new research published by Polaris Market Research the air compressor market is anticipated to reach over USD 45.6 billion by 2026.
In 2017, the stationary air compressor segment dominated the global market, in terms of revenue.
Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.
Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.
There has been an increasing demand of energy efficient air compressor over the years.
Turbocor and thermoacoustic are some emerging technologies in the air compressor segment.
New York, NY 18 May 2021: According to a new research published by Polaris Market Research the air compressor market is anticipated to reach over USD 45.6 billion by 2026.
In 2017, the stationary air compressor segment dominated the global market, in terms of revenue.
Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.
Other driving factors include high energy efficiency, low maintenance cost, environmentally friendliness, portability, ability to deliver variation in supplied pressure.
Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.
There has been an increasing demand of energy efficient air compressor over the years.
New York, NY 21 Sep 2021: According to a new research published by Polaris Market Research the air compressor market is anticipated to reach over USD 45.6 billion by 2026.
In 2017, the stationary air compressor segment dominated the global market, in terms of revenue.
Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.The increasing applications of air compressors in industries such as healthcare, construction, mining, automotive, and oil & gas among others are expected to support the growth of this market.
Other driving factors include high energy efficiency, low maintenance cost, environmentally friendliness, portability, ability to deliver variation in supplied pressure.
Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.
There has been an increasing demand of energy efficient air compressor over the years.
KD Market Insights added a title on “Global Air Compressor Market – 2019-2025” to its collection of market research reports.
The research report study on the global Air Compressor market outlines the analysis of all the inclusive segments, along with the market size, Y-O-Y growth analysis & structure of the overall industry.
The study also includes the analysis of prominent players and also covers the new market players, including all the information suitable for the clients to make strategic business decisions in the industry.The market research report on global Air Compressor market includes the section of market dynamics which is divided into market growth factors, trends, opportunities, and barriers that defines the current behaviour & future status of the market.
Along with this, the research report also covers the facts & figures related to the macroeconomic trends that are expected to impact the growth of the market.The report covers PESTLE analysis and porter’s five forces analysis which demonstrates the five forces including buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the global Air Compressor market.
In the study, the framework of porter's five forces analysis explains the method for analysing the competition of the business covering the industry structure & the level of competition in the market.Access Sample Report of “Air Compressor Market” – https://www.kdmarketinsights.com/sample/769Insights Covered in the Market Research Report on Global Air Compressor MarketAnalysis of the global market and its assessments regarding the market growth at each level are included.The impact analysis of coronavirus disease on the global Air CompressorDetailed information about each region & countries, in order to identify the issues caused by the COVID-19 disease on the industry.Market forecast & Y-o-Y growth rate estimation of different segments and sub-segments of the marketSection of market dynamics including leading growth factors, challenges, industry trends and opportunities in the marketAnalyze the strategies of major & prominent players which will help the clients to make better understanding of the marketComprehensive analysis of government policies & funding on new growth avenues in order to tackle the market barriers & threats Browse Full Report of “Air Compressor Market” – https://www.kdmarketinsights.com/product/769/air-compressor-market-2017Market Segmentation:The report covers segmentation analysis of Air Compressor Market for better understanding and provides in-depth information on market outlook.
Important segments have been developed and analyzed to facilitate sound business decisions.
According to the latest research report published by Dhirtek Business Research, the global refrigeration and air conditioning compressor market report provides detailed information on the factors driving the growth of the refrigeration and air conditioning compressor market.
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