Air Compressor Market by Type, Technology, Lubrication Method, Power Rating, and End-User Industry - Global Opportunity Analysis and Industry Forecast, 2014-2023

  • ID: 3447759
  • Report
  • Region: Global
  • 503 pages
  • Allied Analytics LLP
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Air Compressor Market is forecast to garner $29.9 billion, worldwide, by 2020

FEATURED COMPANIES

  • Atlas Copco
  • Ebara Corp.
  • Elgi Equipments Ltd.
  • Ingersoll Rand Inc.
  • Kobe steel
  • Sullair
  • MORE
The global air compressor market is expected to reach $26,850.35 million in 2023, from $19,798.56 million in 2016, growing at a CAGR of 4.47% from 2017 to 2023. An air compressor is a mechanical device utilized to harness the natural energy of air by converting it into a potential source of energy in the form of pressurized air. They are used in process industries, which include oil & gas, waste management, chemicals, power generation, automotive, mining, pharmaceuticals, food & beverages, and others. These devices play a significant role in enhancing the efficiency, safety, and profitability of these process industries. Furthermore, the manufacturers of air compressors are constantly engaged in R&D activities to deliver superior design in their products to address different requirements, environmental change, and international standards. Compressed air is used for varied applications such as dental services, metal fabrication, powering of pneumatic tools, bottling & packaging, spraying & painting, cooling & freezing of food products, and others. Based on these applications, air compressors are segregated into consumer grade, professional grade, and industrial grade.

Proliferation of energy-efficient and cost-effective products is expected to drive the market growth of air compressor market during the forecast period. In addition, high rate of adoption from end-user industries, rise in number of industrial infrastructure projects, and increase in investment across all the process industries, especially oil & gas industry, fuel the market. The demand for high energy and growth in population boost the growth of the market. Further, penetration of IoT, launch of initiatives such as Industry 4.0, and technological advancements related to new product development are expected to fuel growth of air compressor market during the forecast period.

Air contamination caused due to oil lubrication in oiled air compressors and noisy operations of oil-free compressors are major concerns that limit the adoption of air compressors. Growth of the construction industry presents as a major opportunity for market expansion.

The global air compressor market is segmented based on type, technology, lubrication method, power rating, end-user industry, and region. The type segment includes portable and stationary air compressors. By technology, it is classified as rotary, centrifugal, and reciprocating. Based on lubrication method, the market is bifurcated into oiled and oil-free air compressors. Oil-free air compressors, which supply non-contaminated air witness increased adoption in pharmaceuticals, food & beverages, and electronic assembling industries. Based on power rating, the market is segmented into 0–100 kW, 101–300 kW, 301–500 kW, and 501 kW & above. By end-user industry, it is divided into food & beverages, oil & gas, manufacturing, power generation, medical, and others. To gain a diverse insight, the market is analyzed across North America, Europe, Asia-Pacific, and rest of the world.

The key players operating in the global market are Atlas Copco AB, Kobe Steel Ltd., Elgi Equipments Limited, Ingersoll-Rand PLC, Kirloskar Pneumatic Company Limited, Mitsubishi Heavy Industries Ltd., Suzler Ltd., Ebara Corporations, Porter Cable, and VMAC Global Technology Inc.

KEY BENEFITS FOR STAKEHOLDERS

The study provides an in-depth analysis of the global optical coatings equipment market and current & future trends to elucidate the imminent investment pockets.
Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided.
Porter’s Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the global market from 2016 to 2023 is provided to determine the market potential.

KEY MARKET SEGMENTS

By Type

Portable
Stationary

By Technology

Reciprocating
Rotary
Centrifugal

By Lubrication Method

Oiled
Oil-free

By Power Rating

0-100 kW
101-300 kW
301-500 kW
501 kW & above

By End-User Industry

Food & Beverage
Oil & Gas
Manufacturing
Medical
Power Generation
Others

By Region

North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

Key Market Players

Atlas Copco AB
Kobe Steel Ltd.
Elgi Equipments Limited
Ingersoll-Rand PLC
Kirloskar Pneumatic Company Limited
Mitsubishi Heavy Industries Ltd.
Suzler Ltd.
Ebara Corporations
Porter Cable
VMAC Global Technology Inc.
Campbell Hausfled
Doosan Infracore Portable Power
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Atlas Copco
  • Ebara Corp.
  • Elgi Equipments Ltd.
  • Ingersoll Rand Inc.
  • Kobe steel
  • Sullair
  • MORE
CHAPTER 1: INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE

CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.2.4. Top Winning Strategies, By Development, 2014-2018*
3.2.5. Top Winning Strategies, By Company, 2014-2018*
3.3. PORTER'S FIVE FORCES ANALYSIS
3.4. KEY PLAYER POSITIONING, 2016
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Availability of energy-efficient compressors
3.5.1.2. Multiple fuel options
3.5.1.3. Requirement of low maintenance
3.5.1.4. Variation in pressure supplied
3.5.2. Restraint
3.5.2.1. Air pollution
3.5.2.2. Noise pollution
3.5.3. Opportunity
3.5.3.1. Upcoming technologies

CHAPTER 4: AIR COMPRESSOR MARKET, BY TYPE
4.1. MARKET OVERVIEW
4.1.1. Market size and forecast, by type
4.1.2. Market volume and forecast, by type
4.2. PORTABLE
4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast, by region
4.2.4. Market volume and forecast, by region
4.3. STATIONARY
4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast, by region
4.3.4. Market volume and forecast, by region

CHAPTER 5: AIR COMPRESSOR MARKET, BY TECHNOLOGY
5.1. MARKET OVERVIEW
5.1.1. Market size and forecast, by technology
5.1.2. Market volume and forecast, by technology
5.2. RECIPROCATING
5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast, by region
5.2.4. Market volume and forecast, by region
5.2.5. Single stage
5.2.6. Two stage
5.2.7. Rocking piston type
5.2.8. Diaphragm type
5.3. ROTARY
5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast, by region
5.3.4. Market volume and forecast, by region
5.3.5. Scroll type
5.3.6. Rotary helical screw type
5.3.7. Rotary sliding vane type
5.4. CENTRIFUGAL
5.4.1. Key market trends
5.4.2. Key growth factors and opportunities
5.4.3. Market size and forecast, by country
5.4.4. Market volume and forecast, by region

CHAPTER 6: AIR COMPRESSOR MARKET, BY LUBRICATION METHOD
6.1. MARKET OVERVIEW
6.1.1. Market size and forecast, by lubrication method
6.1.2. Market volume and forecast, by lubrication method
6.2. OILED
6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast, by region
6.2.4. Market volume and forecast, by region
6.3. OIL FREE
6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast, by region
6.3.4. Market volume and forecast, by region

CHAPTER 7: AIR COMPRESSOR MARKET, BY POWER RATING
7.1. MARKET OVERVIEW
7.1.1. Market size and forecast, by power rating
7.1.2. Market volume and forecast, by power rating
7.2. 0-100 KW
7.2.1. Key market trends
7.2.2. Key growth factors and opportunities
7.2.3. Market size and forecast, by region
7.2.4. Market volume and forecast, by region
7.3. 101-300 KW
7.3.1. Key market trends
7.3.2. Key growth factors and opportunities
7.3.3. Market size and forecast, by region
7.3.4. Market volume and forecast, by region
7.4. 301-500 KW
7.4.1. Key market trends
7.4.2. Key growth factors and opportunities
7.4.3. Market size and forecast, by region
7.4.4. Market volume and forecast, by region
7.5. 501 KW & ABOVE
7.5.1. Key market trends
7.5.2. Key growth factors and opportunities
7.5.3. Market size and forecast, by region
7.5.4. Market volume and forecast, by region

CHAPTER 8: AIR COMPRESSOR MARKET, BY END-USER INDUSTRY
8.1. MARKET OVERVIEW
8.1.1. Market size and forecast, by end-user industry
8.1.2. Market volume and forecast, by end-user industry
8.2. FOOD & BEVERAGES
8.2.1. Key market trends
8.2.2. Key growth factors and opportunities
8.2.3. Market size and forecast, by region
8.2.4. Market volume and forecast, by region
8.3. OIL & GAS
8.3.1. Key market trends
8.3.2. Key growth factors and opportunities
8.3.3. Market size and forecast, by region
8.3.4. Market volume and forecast, by region
8.4. MANUFACTURING
8.4.1. Key market trends
8.4.2. Key growth factors and opportunities
8.4.3. Market size and forecast, by region
8.4.4. Market volume and forecast, by region
8.5. POWER GENERATION
8.5.1. Key market trends
8.5.2. Key growth factors and opportunities
8.5.3. Market size and forecast, by region
8.5.4. Market volume and forecast, by region
8.6. MEDICAL
8.6.1. Key market trends
8.6.2. Key growth factors and opportunities
8.6.3. Market size and forecast, by region
8.6.4. Market volume and forecast, by region
8.7. OTHERS
8.7.1. Key market trends
8.7.2. Key growth factors and opportunities
8.7.3. Market size and forecast, by region
8.7.4. Market volume and forecast, by region

CHAPTER 9: AIR COMPRESSOR MARKET, BY REGION
9.1. MARKET OVERVIEW
9.2. NORTH AMERICA
9.2.1. Key market trends
9.2.2. Key growth factors and opportunities
9.2.3. Market size and forecast, by type
9.2.4. Market volume and forecast, by type
9.2.5. Market size and forecast, by technology
9.2.6. Market volume and forecast, by technology
9.2.7. Market size and forecast, by lubrication method
9.2.8. Market volume and forecast, by lubrication method
9.2.9. Market size and forecast, by power rating
9.2.10. Market volume and forecast, by power rating
9.2.11. Market size and forecast, by end-user industry
9.2.12. Market volume and forecast, by end-user industry
9.2.13. Market size and forecast, by country
9.2.14. Market volume and forecast, by country
9.2.14.1. U.S.
9.2.14.2. Market size and forecast, by type
9.2.14.3. Market volume and forecast, by type
9.2.14.4. Market size and forecast, by technology
9.2.14.5. Market volume and forecast, by technology
9.2.14.6. Market size and forecast, by lubrication method
9.2.14.7. Market volume and forecast, by lubrication method
9.2.14.8. Market size and forecast, by power rating
9.2.14.9. Market volume and forecast, by power rating
9.2.14.10.Market size and forecast, by end-user industry
9.2.14.11.Market volume and forecast, by end-user industry
9.2.14.12.Canada
9.2.14.13.Market size and forecast, by type
9.2.14.14.Market volume and forecast, by type
9.2.14.15.Market size and forecast, by technology
9.2.14.16.Market volume and forecast, by technology
9.2.14.17.Market size and forecast, by lubrication method
9.2.14.18.Market volume and forecast, by lubrication method
9.2.14.19.Market size and forecast, by power rating
9.2.14.20.Market volume and forecast, by power rating
9.2.14.21.Market size and forecast, by end-user industry
9.2.14.22.Market volume and forecast, by end-user industry
9.2.14.23.Mexico
9.2.14.24.Market size and forecast, by type
9.2.14.25.Market volume and forecast, by type
9.2.14.26.Market size and forecast, by technology
9.2.14.27.Market volume and forecast, by technology
9.2.14.28.Market size and forecast, by lubrication method
9.2.14.29.Market volume and forecast, by lubrication method
9.2.14.30.Market size and forecast, by power rating
9.2.14.31.Market volume and forecast, by power rating
9.2.14.32.Market size and forecast, by end-user industry
9.2.14.33.Market volume and forecast, by end-user industry
9.3. EUROPE
9.3.1. Key market trends
9.3.2. Key growth factors and opportunities
9.3.3. Market size and forecast, by type
9.3.4. Market volume and forecast, by type
9.3.5. Market size and forecast, by technology
9.3.6. Market volume and forecast, by technology
9.3.7. Market size and forecast, by lubrication method
9.3.8. Market volume and forecast, by lubrication method
9.3.9. Market size and forecast, by power rating
9.3.10. Market volume and forecast, by power rating
9.3.11. Market size and forecast, by end-user industry
9.3.12. Market volume and forecast, by end-user industry
9.3.13. Market size and forecast, by country
9.3.14. Market volume and forecast, by country
9.3.14.1. Germany
9.3.14.2. Market size and forecast, by type
9.3.14.3. Market volume and forecast, by type
9.3.14.4. Market size and forecast, by technology
9.3.14.5. Market volume and forecast, by technology
9.3.14.6. Market size and forecast, by lubrication method
9.3.14.7. Market volume and forecast, by lubrication method
9.3.14.8. Market size and forecast, by power rating
9.3.14.9. Market volume and forecast, by power rating
9.3.14.10.Market size and forecast, by end-user industry
9.3.14.11.Market volume and forecast, by end-user industry
9.3.14.12.France
9.3.14.13.Market size and forecast, by type
9.3.14.14.Market volume and forecast, by type
9.3.14.15.Market size and forecast, by technology
9.3.14.16.Market volume and forecast, by technology
9.3.14.17.Market volume and forecast, by lubrication method
9.3.14.18.Market size and forecast, by power rating
9.3.14.19.Market volume and forecast, by power rating
9.3.14.20.Market size and forecast, by end-user industry
9.3.14.21.Market volume and forecast, by end-user industry
9.3.14.22.UK
9.3.14.23.Market size and forecast, by type
9.3.14.24.Market volume and forecast, by type
9.3.14.25.Market size and forecast, by technology
9.3.14.26.Market volume and forecast, by technology
9.3.14.27.Market size and forecast, by lubrication method
9.3.14.28.Market volume and forecast, by lubrication method
9.3.14.29.Market size and forecast, by power rating
9.3.14.30.Market volume and forecast, by power rating
9.3.14.31.Market size and forecast, by end-user industry
9.3.14.32.Market volume and forecast, by end-user industry
9.3.14.33.Russia
9.3.14.34.Market size and forecast, by type
9.3.14.35.Market volume and forecast, by type
9.3.14.36.Market size and forecast, by technology
9.3.14.37.Market volume and forecast, by technology
9.3.14.38.Market size and forecast, by lubrication method
9.3.14.39.Market volume and forecast, by lubrication method
9.3.14.40.Market size and forecast, by power rating
9.3.14.41.Market volume and forecast, by power rating
9.3.14.42.Market size and forecast, by end-user industry
9.3.14.43.Market volume and forecast, by end-user industry
9.3.14.44.Rest of Europe
9.3.14.45.Market size and forecast, by type
9.3.14.46.Market volume and forecast, by type
9.3.14.47.Market size and forecast, by technology
9.3.14.48.Market volume and forecast, by technology
9.3.14.49.Market size and forecast, by lubrication method
9.3.14.50.Market volume and forecast, by lubrication method
9.3.14.51.Market size and forecast, by power rating
9.3.14.52.Market volume and forecast, by power rating
9.3.14.53.Market size and forecast, by end-user industry
9.3.14.54.Market volume and forecast, by end-user industry
9.4. ASIA-PACIFIC
9.4.1. Key market trends
9.4.2. Key growth factors and opportunities
9.4.3. Market size and forecast, by type
9.4.4. Market volume and forecast, by type
9.4.5. Market size and forecast, by technology
9.4.6. Market volume and forecast, by technology
9.4.7. Market size and forecast, by lubrication method
9.4.8. Market volume and forecast, by lubrication method
9.4.9. Market size and forecast, by power rating
9.4.10. Market volume and forecast, by power rating
9.4.11. Market size and forecast, by end-user industry
9.4.12. Market volume and forecast, by end-user industry
9.4.13. Market size and forecast, by country
9.4.14. Market volume and forecast, by country
9.4.14.1. China
9.4.14.2. Market size and forecast, by type
9.4.14.3. Market volume and forecast, by type
9.4.14.4. Market size and forecast, by technology
9.4.14.5. Market volume and forecast, by technology
9.4.14.6. Market size and forecast, by lubrication method
9.4.14.7. Market volume and forecast, by lubrication method
9.4.14.8. Market size and forecast, by power rating
9.4.14.9. Market volume and forecast, by power rating
9.4.14.10.Market size and forecast, by end-user industry
9.4.14.11.Market volume and forecast, by end-user industry
9.4.14.12.India
9.4.14.13.Market size and forecast, by type
9.4.14.14.Market volume and forecast, by type
9.4.14.15.Market size and forecast, by technology
9.4.14.16.Market volume and forecast, by technology
9.4.14.17.Market size and forecast, by lubrication method
9.4.14.18.Market volume and forecast, by lubrication method
9.4.14.19.Market size and forecast, by power rating
9.4.14.20.Market volume and forecast, by power rating
9.4.14.21.Market size and forecast, by end-user industry
9.4.14.22.Market volume and forecast, by end-user industry
9.4.14.23.Japan
9.4.14.24.Market size and forecast, by type
9.4.14.25.Market volume and forecast, by type
9.4.14.26.Market size and forecast, by technology
9.4.14.27.Market volume and forecast, by technology
9.4.14.28.Market size and forecast, by lubrication method
9.4.14.29.Market volume and forecast, by lubrication method
9.4.14.30.Market size and forecast, by power rating
9.4.14.31.Market volume and forecast, by power rating
9.4.14.32.Market size and forecast, by end-user industry
9.4.14.33.Market volume and forecast, by end-user industry
9.4.14.34.Rest of Asia-Pacific
9.4.14.35.Market size and forecast, by type
9.4.14.36.Market volume and forecast, by type
9.4.14.37.Market size and forecast, by technology
9.4.14.38.Market volume and forecast, by technology
9.4.14.39.Market size and forecast, by lubrication method
9.4.14.40.Market volume and forecast, by lubrication method
9.4.14.41.Market size and forecast, by power rating
9.4.14.42.Market volume and forecast, by power rating
9.4.14.43.Market size and forecast, by end-user industry
9.4.14.44.Market volume and forecast, by end-user industry
9.5. LAMEA
9.5.1. Key market trends
9.5.2. Key growth factors and opportunities
9.5.3. Market size and forecast, by type
9.5.4. Market volume and forecast, by type
9.5.5. Market size and forecast, by technology
9.5.6. Market volume and forecast, by technology
9.5.7. Market size and forecast, by lubrication method
9.5.8. Market volume and forecast, by lubrication method
9.5.9. Market size and forecast, by power rating
9.5.10. Market volume and forecast, by power rating
9.5.11. Market size and forecast, by end-user industry
9.5.12. Market volume and forecast, by end-user industry
9.5.12.1. Latin America
9.5.12.2. Market size and forecast, by type
9.5.12.3. Market volume and forecast, by type
9.5.12.4. Market size and forecast, by technology
9.5.12.5. Market volume and forecast, by technology
9.5.12.6. Market size and forecast, by lubrication method
9.5.12.7. Market volume and forecast, by lubrication method
9.5.12.8. Market size and forecast, by power rating
9.5.12.9. Market volume and forecast, by power rating
9.5.12.10.Market size and forecast, by end-user industry
9.5.12.11.Market volume and forecast, by end-user industry
9.5.12.12.Middle East
9.5.12.13.Market size and forecast, by type
9.5.12.14.Market volume and forecast, by type
9.5.12.15.Market size and forecast, by technology
9.5.12.16.Market volume and forecast, by technology
9.5.12.17.Market size and forecast, by lubrication method
9.5.12.18.Market volume and forecast, by lubrication method
9.5.12.19.Market size and forecast, by power rating
9.5.12.20.Market volume and forecast, by power rating
9.5.12.21.Market size and forecast, by end-user industry
9.5.12.22.Market volume and forecast, by end-user industry
9.5.12.23.Africa
9.5.12.24.Market size and forecast, by type
9.5.12.25.Market volume and forecast, by type
9.5.12.26.Market size and forecast, by technology
9.5.12.27.Market volume and forecast, by technology
9.5.12.28.Market size and forecast, by lubrication method
9.5.12.29.Market volume and forecast, by lubrication method
9.5.12.30.Market size and forecast, by power rating
9.5.12.31.Market volume and forecast, by power rating
9.5.12.32.Market size and forecast, by end-user industry
9.5.12.33.Market volume and forecast, by end-user industry

CHAPTER 10: COMPANY PROFILE
10.1. ATLAS COPCO AB
10.1.1. Company overview
10.1.2. Company snapshot
10.1.3. Operating business segments
10.1.4. Product portfolio
10.1.5. Business performance
10.1.6. Key strategic moves and developments
10.2. BERKSHIRE HATHAWAY INC. (CAMPBELL HAUSFELD)
10.2.1. Company overview
10.2.2. Company snapshot
10.2.3. Operating business segments
10.2.4. Product portfolio
10.2.5. Business performance
10.2.6. Key strategic moves and developments
10.3. DOOSAN CORPORATION (DOOSAN INFRACORE PORTABLE POWER )
10.3.1. Company overview
10.3.2. Company snapshot
10.3.3. Operating business segments
10.3.4. Product portfolio
10.3.5. Business performance
10.3.6. Key strategic moves and developments
10.4. EBARA CORPORATION
10.4.1. Company overview
10.4.2. Company snapshot
10.4.3. Operating business segments
10.4.4. Product portfolio
10.4.5. Business performance
10.4.6. Key strategic moves and developments
10.5. ELGI EQUIPMENTS LIMITED
10.5.1. Company overview
10.5.2. Company snapshot
10.5.3. Operating business segments
10.5.4. Product portfolio
10.5.5. Business performance
10.5.6. Key strategic moves and developments
10.6. GARDNER DENVER HOLDINGS, INC.
10.6.1. Company overview
10.6.2. Company snapshot
10.6.3. Operating business segments
10.6.4. Product portfolio
10.6.5. Business performance
10.6.6. Key strategic moves and developments
10.7. INGERSOLL-RAND PLC
10.7.1. Company overview
10.7.2. Company snapshot
10.7.3. Operating business segments
10.7.4. Product portfolio
10.7.5. Business performance
10.7.6. Key strategic moves and developments
10.8. KIRLOSKAR PNEUMATIC COMPANY LIMITED
10.8.1. Company overview
10.8.2. Company snapshot
10.8.3. Operating business segments
10.8.4. Product portfolio
10.8.5. Business performance
10.9. KOBE STEEL, LTD.
10.9.1. Company overview
10.9.2. Company snapshot
10.9.3. Operating business segments
10.9.4. Product portfolio
10.9.5. Business performance
10.9.6. Key strategic moves and developments
10.10. MITSUBISHI HEAVY INDUSTRIES LTD.
10.10.1. Company overview
10.10.2. Company snapshot
10.10.3. Operating business segments
10.10.4. Product portfolio
10.10.5. Business performance
10.10.6. Key strategic moves and developments
10.11. STANLEY BLACK & DECKER CORPORATION (PORTER CABLE)
10.11.1. Company overview
10.11.2. Company snapshot
10.11.3. Operating business segments
10.11.4. Product portfolio
10.11.5. Business performance
10.12. SUZLER LTD
10.12.1. Company overview
10.12.2. Company snapshot
10.12.3. Operating business segments
10.12.4. Product portfolio
10.12.5. Business performance
10.13. VMAC GLOBAL TECHNOLOGY INC.
10.13.1. Company overview
10.13.2. Company snapshot
10.13.3. Product portfolio
10.13.4. Key strategic moves and developments
Note: Product cover images may vary from those shown
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4 of 5

FEATURED COMPANIES

  • Atlas Copco
  • Ebara Corp.
  • Elgi Equipments Ltd.
  • Ingersoll Rand Inc.
  • Kobe steel
  • Sullair
  • MORE
According to a new report titled, Air Compressor by Type, Technology, Lubrication Method, Power Rating and End-user Industry: Global Opportunity Analysis and Industry Forecast, 2014-2023, the air compressor market was valued at $19,798.56 million in 2016, and is projected to reach at $26,850.35 million by 2023, growing at a CAGR of 4.47% from 2014 to 2023. Asia-Pacific is expected to be the leading contributor to the global air compressor market, followed by Europe and North America.

The increase in adoption of energy efficient and robust air compressors across different industry verticals is expected to drive the demand for the air compressor market during the forecast period. Also, the increase in demand from the end-user industries such as food & beverage, oil & gas, manufacturing, and power generation is also expected to drive the market growth in the coming years. However, the utilization of high technical expertise, R&D, and accessories for enhancing the efficiency of compression in the equipment results in high installation and maintenance cost, which is expected to hinder the growth of the market.

In 2016, the rotary-based air compressors, accounted for the maximum revenue share in the overall air compressor market by technology owing to their lower cost of operations and large production capabilities. However, the centrifugal-based air compressors is expected to provide profitable opportunities to the manufacturers owing to their superior technology resulting in efficient continuous flow rate with variable compression capabilities. The oil-free segment is expected to grow at a fastest CAGR of 4.77% owing to increase in demand for reducing the cost of operation by eliminating lubrication. Moreover, the medical and power generation end users in the air compressor market is also expected to generate attractive business opportunities during the forecast period (2017-2023).

Asia-Pacific accounted for the major share of the global air compressor market in 2016 owing to the increase in demand from food & beverage, manufacturing and oil & gas industries. However, Asia-Pacific is estimated to grow at the highest rate followed by Europe due to rise in demand from end-user industries.

Key findings of the Air Compressor Market:

In 2016, the rotary technology type accounted for the maximum revenue and is projected to grow at a notable CAGR of 4.50% during the forecast period.
The centrifugal segment accounted for around 24.19% in the air compressor market in 2016.
Germany and France are the major shareholder in the market, accounting for more than half of the market share in 2016.

The key players profiled in the air compressor market include Atlas Copco AB, Kobe Steel Ltd., Elgi Equipments Limited, Ingersoll-Rand PLC, Kirloskar Pneumatic Company Limited, Mitsubishi Heavy Industries Ltd., Suzler Ltd., Ebara Corporations, Porter Cable, and VMAC Global Technology Inc.. Market players have adopted various strategies such as product launch, collaboration & partnership, and acquisition to expand their foothold in the market.
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- Atlas Copco
- Ebara Corp.
- Elgi Equipments Ltd.
- Ingersoll Rand Inc.
- Kirloskar Pneumatic Company Ltd.
- Kobe steel
- Mitsubishi Heavy Industries Ltd.
- Sullair
- Sulzer Ltd.
- VMAC
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Question What criteria were used in selecting key players in this report?
Answer The analysts provide the following information on the methodology used:
The list of players profiled in the report have been identified based on secondary research and insights from primary respondents. The list of companies provided is a mix of manufacturers of industrial as well as non-industrial air compressors. Further, the companies profiled in the report are based on their regional presence with an intention to cover key companies from each regional market.
Note: Product cover images may vary from those shown
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