
Report ID: SQSG20I2028
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Air Compressor Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Air Compressor industry players.
The global air compressor market is highly fragmented with the existence of several international and regional market players operating all around the globe. The major players are implementing on various business strategies including mergers, acquisitions, collaborations, partnerships, and new product launches for expanding their geographical presence and product portfolio along with strengthen their market position.
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Air Compressor Market size was valued at USD 26.45 Billion in 2023 and is poised to grow from USD 27.72 Billion in 2024 to USD 40.35 Billion by 2032, growing at a CAGR of 4.8% during the forecast period (2025-2032).
Key vendors in air compressor market are: 'Atlas Copco ', 'Ingersoll-Rand plc ', 'Kaeser Kompressoren SE ', 'Gardner Denver, Inc. (Ingersoll Rand) ', 'Sullair LLC (Hitachi) ', 'ELGi Equipments Limited ', 'Hitachi Industrial Equipment Systems Co., Ltd. ', 'Mitsubishi Heavy Industries, Ltd. ', 'Quincy Compressor LLC ', 'Doosan Portable Power ', 'Boge Compressors GmbH & Co. KG ', 'VMAC Global Technology Inc. ', 'Rolair Systems ', 'Fusheng Co., Ltd. ', 'Bauer Compressors, Inc. ', 'Air Squared, Inc. ', 'California Air Tools, Inc. ', 'Mattei Compressors, Inc. ', 'AireTex Compressors LLC ', 'Anest Iwata Corporation '
Growing requirement of highly durable compressors in various drilling procedures with a tremendous rise in the usage of heavy machinery and equipment across many end-use industries are expected to be the major driving factors for the growth of the global air compressor market during the forecast period. Furthermore, increased consumer disposable income especially in developing nations such as China, Brazil, and India is expected to be another key factors driving the growth of the market over the coming years.
An extensive increase in procurement of rotary screw compressors and replacement of conventional compressors are fostering the global sales for air compressors. Furthermore, increasing integration of these type of compressors in manufacturing applications of rotary air compressors is enhancing the global market. Additionally, stringent rules and regulations imposed by several government bodies in various regions are highly encouraging facility operators to deploy advanced and innovated rotary screw compressors to cater the growing consumer needs.
Globally, Asia Pacific region dominated the air compressor market owing to high growth in government investments in infrastructure development and rapidly growing industrialization in the region. In addition, the regional market is majorly driven with the rising demand for air compressors in several applications including food and beverage, manufacturing, oil and gas industries, and home appliances. The presence of large market manufacturers of compressors in the region such as India and China coupled with the large base for electronics and semiconductors are further projected to drive the growth of the market.
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Report ID: SQSG20I2028
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