Portable Air Compressor Market - Forecasts from 2023 to 2028

The portable air compressor market is expected to grow at a CAGR of 4.85% from US$1.392 billion in 2021 to US$1.941 billion in 2028.

The portable air compressor is a compact, lightweight device that converts power into potential energy stored in pressurized air. These devices find extensive use in various industries and applications due to their versatility and convenience. The demand for portable air compressors is growing due to their adoption across different sectors.

The portable air compressor market is a significant and continuously growing industry. With its wide range of end-users and applications, favorable market forecasts, and the presence of key players, the market showcases potential opportunities for further development and innovation.

Market Drivers:

• Increasing demand for portable power solutions

The rising demand for portable power solutions is driven by various factors, including remote and off-grid applications and the portability and mobility offered by portable air compressors. These compressors are crucial in remote and off-grid locations where access to electricity is limited or nonexistent. They serve as a reliable source of compressed air for various applications, supporting industries such as mining, oil and gas exploration, and construction in these challenging environments.

• The growing popularity of DIY enthusiasts

The popularity of DIY projects and home improvement activities has significantly impacted the portable air compressor market. The increasing interest in DIY culture, fueled by online tutorials and social media influence, has led to a surge in DIY enthusiasts undertaking a wide range of projects. Portable air compressors play a vital role in these projects, facilitating tasks like tire inflation, powering nail guns, and spray painting.

As homeowners engage in home improvement and renovation projects to enhance their properties, portable air compressors are utilized for painting, cleaning, and operating pneumatic tools. DIY projects offer cost savings compared to hiring professionals, and portable air compressors provide a cost-effective and convenient power source, eliminating the need for external power outlets or bulky stationary compressors. The portability and ease of use offered by portable air compressors make them a valuable tool for DIY enthusiasts.

Market Developments:

• In May 2022, Elgi Equipments unveiled two portable air compressors, namely the PG 110E-13.5, powered by electricity, and the PG 575-225, powered by diesel fuel. These compressors offer superior performance and efficiency. These compressors deliver reliability, low maintenance costs, high energy efficiency, and industry-leading productivity for drilling operations. The company's portable compressors have a three-stage filtration system for dusty environments and find extensive usage in construction, mining, and other applications.
• In March 2022, Xiaomi launched the Portable Electric Air Compressor 1S, a pocket-sized travel companion capable of inflating any tire within the 0-150 psi range. It features five inflating modes and a built-in lithium battery, eliminating the need for an external power supply. The compressor has an auto pressure check feature and a dot matrix digital display for clear pressure values. It weighs 480 grams and has a built-in LED light for convenience in dark environments.
• In May 2023, Atlas Copco introduced the B-Air 185-12, a battery-driven portable screw air compressor with a 5-12 bar pressure range, a stable flow rate of 5.4-3.7 m3/min, and a 55 kWh battery storage capacity. The compressor is designed to accelerate the transition towards renewable energy sources and operates independently of fuel or local power sources. The B-Air 185-12 performs in extreme climatic conditions, emits no local emissions, and has low noise levels, making it suitable for various applications.

The rotary centrifugal design segment will witness robust growth over the forecast period.

The portable air compressors market is witnessing significant growth, and compressors based on the rotary centrifugal design are capturing a substantial market share. Industries such as manufacturing, automotive, construction, and oil and gas are increasingly adopting these compressors, driving the market's expansion. The portable air compressors market size, particularly those with a rotary centrifugal design, is projected to grow due to their high demand and wide range of industrial applications.

Considering the market forecast, the rotary centrifugal design portable air compressors market is expected to grow in the coming years. The market size is projected to expand as industries across different sectors increasingly adopt these compressors for their industrial processes. Factors such as energy efficiency, portability, and low noise levels will continue to drive the market's growth and attract more customers.

End-users and applications

The portable air compressor market span across multiple industries. Some key sectors that utilize portable air compressors include construction, automotive, manufacturing, oil and gas, agriculture, and DIY enthusiasts. These devices are used for various applications, such as pneumatic tools, tire inflation, spray painting, cleaning, and powering machinery and equipment.

Regional Insights:

Based on geography, the portable air compressor market is segmented into North America, South America, Europe, Middle East and Africa, and Asia Pacific. North America accounts for a significant market share, driven by well-established industries and a robust construction sector. The United States, in particular, is a major market within this region, fueled by infrastructure development projects, manufacturing activities, and the automotive industry.

Market players in North America are focused on providing technologically advanced and energy-efficient portable air compressors to meet stringent regulations and sustainability goals set by the government and industries. The portable air compressor market in this region is characterized by intense competition, with prominent manufacturers offering a wide range of portable air compressor solutions. The region also places significant emphasis on homeland security and nuclear safety. The stringent regulations and security measures are boosting the adoption of portable air compressors for a range of applications.

Asia Pacific is experiencing rapid growth.

Asia Pacific's portable air compressor market is driven by the thriving construction, manufacturing, and automotive sectors. The region has the presence of some of the biggest economies, particularly China, with one of the largest manufacturing hubs globally, holds a significant market share, and contributes substantially to the demand for portable air compressors. With its ongoing infrastructure projects and increasing industrialization, India presents considerable growth opportunities for market players. Additionally, countries like Japan and South Korea, with rapid urbanization, population growth, and rising disposable income, are contributing to the expanding demand for portable air compressors.

Market Segmentation:

By Design

• Rotary Screw Type
• Rotary Centrifugal
• Reciprocating Type

By Lubrication

• Oiled
• Oil-Free

By Driver Type

• Electric
• Conventional

By End-User

• Automotive
• Aerospace
• Oil and Gas
• Building and Construction
• Mining
• Energy and Power
• Others

By Geography

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• Germany
• France
• United Kingdom
• Spain
• Others
• Middle East And Africa
• Saudi Arabia
• UAE
• Israel
• Others
• Asia Pacific
• China
• Japan
• India
• South Korea
• Indonesia
• Taiwan
• Others