USD 25.04 billion
Report ID:
SQMIG20I2092 |
Region:
Global |
Published Date: August, 2024
Pages:
202
|Tables:
215
|Figures:
80
Global Industrial Air Compressor Market size was valued at USD 25.04 billion in 2023 and is poised to grow from USD 26.17 billion in 2024 to USD 37.21 billion by 2032, growing at a CAGR of 4.5% during the forecast period (2025-2032).
The industrial air compressor market is expected to grow over the forecast period due to R&D of next-generation compressors and rising awareness of energy-efficient versions. The market is expanding as a result of increased packaging use and rising demand for processed foods and ready-to-eat items. Consumers have started to choose industrial oil-free air compressors as they lower the pollution in the air, and they also provide cleaner air. Vendors in the worldwide industrial air compressor market are busy working on innovating and diversifying their products to widen product offerings. Next-generation industrial air compressors, with their oil-free operation, variable-speed drives, and Internet of Things (IoT)-enabled operations, offer great energy efficiency.
To lower their CO2 emissions, a variety of end-use sectors are implementing these compressors. Consequently, this is driving up the market value of industrial air compressors. Energy-efficient products are being offered by industrial air compressor companies in an effort to increase their clientele. To increase the efficiency of their products, they are also implementing high-performance motors. Industry professionals can now choose smaller, heavier air compressor units as new motor designs enable air compressors to give more output per horsepower. Performance monitoring and control of equipment become easier for the field professionals through advanced control components, IoT being one. The variable speed drives in air compressors switch their operation automatically according to present demand and thus, reduce energy costs.
Market snapshot - 2025-2032
Global Market Size
USD 25.04 billion
Largest Segment
Positive Displacement
Fastest Growth
Dynamic Displacement
Growth Rate
4.5% CAGR
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Global Industrial Air Compressor Market is segmented by Product Type, Design, Pressure, Output Power, Seal Type, Coolant Type, End-User Industry and region. Based on Product Type, the market is segmented into Positive Displacement and Dynamic Displacement. Based on Design, the market is segmented into Stationary and Portable. Based on Pressure, the market is segmented into Up To 20 Bar, 21-100 Bar and Above 100 Bar. Based on Output Power, the market is segmented into Up To 50 kW, 51-250 kW, 251-500 kW and Above 500 kW. Based on Seal Type, the market is segmented into Oil-Flooded and Oil-Free. Based on Coolant Type, the market is segmented into Air-Cooled and Water-Cooled. Based on End-User Industry, the market is segmented into Chemicals & Petrochemicals, Food & Beverages, Oil & Gas, Pharmaceuticals, Construction, Automotive & Transportation, Packaging, Power Generation, Healthcare, Metals & Mining, Hvac and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
As per categorization by product type, the market is classified as positive displacement and dynamic displacement. Among these, positive displacement earned the largest share and continues to hold the dominant global industrial air compressor market share. The industrial air compressor market around the world is revolutionized through positive displacement technology that promises reliability, energy efficiency, and adaptability to various industries. Maintaining pressure and flow has made it most applicable in manufacturing, construction, oil, and gas industries. Scalability, adaptability to very high pressure, and economy have been the reason for the dominance of positive displacement compressors in the industry. Advanced designs focusing on energy-saving and low maintenance are further rooting their place.
Dynamic displacement compressors are poised to be the fastest-growing segment in the global industrial air compressor market, driven by their ability to handle high flow rates and meet the demands of large-scale industrial applications. Compressors are popular in power generation, petrochemicals, and major manufacturing, where the criteria for the applications become the efficiency of the compressor and performance at different conditions. Aerodynamic innovations and advanced materials are increasing energy efficiency and reducing operational costs. More importantly, sustainability and energy optimization for industrial operations have further spurred the implementation of dynamic displacement type compressors and increased interest in them for future market growth.
Oil-flooded seal compressors are a cornerstone of the global industrial air compressor market, valued for their robust performance, cost efficiency, and durability. Compressors are popular in power generation, petrochemicals, and major manufacturing, where the criteria for the applications become the efficiency of the compressor and performance at different conditions. Aerodynamic innovations and advanced materials are increasing energy efficiency and reducing operational costs. More importantly, sustainability and energy optimization for industrial operations have further spurred the implementation of dynamic displacement type compressors and increased interest in them for future market growth.
Oil-free seal compressors are set to be the fastest-growing segment in the global industrial air compressor market, driven by increasing demand for clean, contamination-free air in industries like food and beverage, pharmaceuticals, and electronics. The risk of oil contamination is excluded by such compressors, bar none, such that they satisfy the stringent requirements of quality and safety. Material and design advancements-high-performance coatings and precision engineering and the likes-have helped to increase efficiency and reliability. In addition, to enhance the benefits provided by oil-free systems-low maintenance and lifecycle costs-with the move to greener industrial operations that the world is making today, therefore encouraging the use of oil-free technology due to sustainability and environmental impact.
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Asia Pacific dominates the global industrial air compressor market due to its rapid industrialization, robust manufacturing sector, and expanding infrastructure projects across emerging economies like China, India, and Southeast Asia. There is a large demand for air compressors in the region due to the inside industries, including automotive manufacture and electronics and chemicals. Government initiatives that favor industrial growth and foreign investment have further boosted the market's growth. There are strong developments and a market trend that would happen in line with the growing attention on energy-efficient and advanced air compressor technologies. Asia Pacific, therefore, proves to be the most outstanding region concerning sustainable and cost-effective production and subsequently dominates the global air compressor global market outlook.
North America is the fastest-growing region in the global industrial air compressor market, driven by advancements in energy-efficient technologies and increasing adoption across industries like oil and gas, manufacturing, and healthcare. The emphasis on sustainability and stiff regulatory norms in the region will arguably foster investment towards a new generation air compressor solution such as oil-free and variable-speed models. Such growth is also spurred on by considerable infrastructure development automation of industrial processes and escalating demand for clean, reliable compressed air systems. Furthermore, the presence of leading market players and continuous R&D efforts in the U.S. and Canada contribute to the rapid market expansion in North America.
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Growing Industrialization and Infrastructure Development
Emphasis on Energy Efficiency and Sustainability
Noise and Environmental Concerns
Maintenance and Operational Challenges
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The global industrial air compressor market is witnessing intense competition among major players on innovation, energy efficiency, and sustainability. The international players, such as Atlas Copco, Ingersoll Rand, Gardner Denver, and Kaeser Compressors, lead the market with strong product portfolios and a well-established global distribution network alongside Hitachi. To remain dominant in a rapidly changing market landscape, these companies spend a lot on R&D to create advanced technologies such as oil-free and variable-speed compressors for diverse industrial applications while meeting the different environmental standards.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, significant growth is being witnessed in the global industrial air compressor industry due to innovativeness in energy efficiency measures, sustainability, and modern technological improvements by developing systems such as smart oil-free systems. The more advanced compressors that are scary used by industries are meant to meet environmental standards and improve operational performance while cutting costs.
Asia Pacific is leading the way in the market as North America is showing great potential in becoming the region projected to grow the fastest. Such a focus on developing clean and energy-efficient solutions within the industry is indicative of its future growth. Indeed, with manufacturers concentrating their investment on product innovation as well as performance improvements, the market will continue to see changes; the prospect looks bright for industrial air compressors.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 25.04 billion |
Market size value in 2032 | USD 37.21 billion |
Growth Rate | 4.5% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Industrial Air Compressor Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Industrial Air Compressor Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Industrial Air Compressor Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Industrial Air Compressor Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Industrial Air Compressor Market size was valued at USD 36.01 Billion in 2023 and is poised to grow from USD 38.82 Billion in 2024 to USD 70.78 Billion by 2032, growing at a CAGR of 7.80% during the forecast period (2025-2032).
Key vendors in Industrial Air Compressor Market are: 'Atlas Copco AB (Sweden) ', 'Ingersoll Rand Inc. (Ireland) ', 'Kaeser Kompressoren SE (Germany) ', 'Gardner Denver Holdings Inc. (US) ', 'Sullair LLC (US) ', 'ELGi Equipments Limited (India) ', 'BOGE Kompressoren Otto Boge GmbH & Co. KG (Germany) ', 'Kobe Steel Ltd. (Japan) ', 'Quincy Compressor LLC (US) ', 'Hitachi Industrial Equipment Systems Co. Ltd. (Japan) ', 'Chicago Pneumatic (US) ', 'MAT Industries LLC (US) ', 'Rolair Systems (US) ', 'VMAC Company (Canada) ', 'Pneumatic Products (US) ', 'Doosan Portable Power (US) ', 'AireTex Compressors LLC (US) ', 'Air Squared Inc. (US) ', 'Nardi Compressori Srl (Italy) ', 'Werther International Inc. (US)'.
The global industrial air compressor market is set to increase in rapid progress in industries and large-scale infrastructure projects within the emerging economies. Demand extends from construction sectors, automotive, and manufacturing industries, a scenario that would push up the market in respect of high-performance equipment supporting high continuous productivity and operational efficiency involved processes.
Increasing Demand for Energy-Efficient Air Compressors: As industries are trying to cut down on their operating costs, as well as hoping to lessen the environmental impact, highly energy efficient air compressors are therefore in demand these days. Technologies such as the variable-speed drive and oil-free system are taking up momentum with the vision of meeting firms' sustainability objectives as well as optimizing energy consumption across different industries.
Asia Pacific dominates the global industrial air compressor market due to its rapid industrialization, robust manufacturing sector, and expanding infrastructure projects across emerging economies like China, India, and Southeast Asia. There is a large demand for air compressors in the region due to the inside industries, including automotive manufacture and electronics and chemicals. Government initiatives that favor industrial growth and foreign investment have further boosted the market's growth. There are strong developments and a market trend that would happen in line with the growing attention on energy-efficient and advanced air compressor technologies. Asia Pacific, therefore, proves to be the most outstanding region concerning sustainable and cost-effective production and subsequently dominates the global air compressor global market outlook.
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Report ID: SQMIG20I2092
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