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Report Overview

The global air compressor market is projected to reach USD 35,539.67 million in 2034 from USD 23,764.17 million in 2024, growing at a CAGR of 4.6% in the forecast period of 2025-2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • Rotary/screw compressors are popular due to their features such as low noise output, high energy efficiency, good performance, easy maintenance, and uninterrupted operation.
  • At least 80% of industrial applications use compressed air in one or more of their processes, demonstrating the widespread use of compressed air systems.
  • As per industry reports, compressed air systems consume around 10% of all industrial electrical consumption, which is approximately 8.8 TWh per year.
Global Air Compressor Market Report Summary Description Value
Base Year USD Million 2023
Historical Period USD Million 2018-2024
Forecast Period USD Million 2025-2034
Market Size 2024 USD Million 23,764.17
Market Size 2034 USD Million 35,539.67
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 4.6%
CAGR 2025-2034 - Market by Region Asia Pacific 5.2%
CAGR 2025-2034 - Market by Country India 5.3%
CAGR 2025-2034 - Market by Country China 5.0%
CAGR 2025-2034 - Market by Technology Rotary/Screw Compressor 5.6%
CAGR 2025-2034 - Market by Lubrication Oil-Free 5.8%
Market Share by Country 2023 Australia 2.3%

 

Air Compressor Market

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Air Compressor Market Growth

Air compressors use the kinetic energy generated by the compressed air to supply different equipment, devices, and machinery with the necessary energy through different vertical industries. Further, the continuous compression facilitates the mobility of liquids and gases, the manufacturing of related petrochemical products, the operation of pneumatically powered machinery, and cooling applications. Consequently, air compressors have a wide range of applications in various industries for dehydration, air blowing, vacuum packaging, spray painting, cleaning, tool powering, and medical equipment.

Main factors aiding the air compressor market expansion include the increasing demand for eco-friendly models to reduce carbon emissions, the rise in adoption of oil-free industrial-grade air compressors, and the growing need for high-quality compressed air in various industries such as food and beverage, pharmaceuticals, and electronics. Furthermore, the growth of industrialisation in developing nations, investments in infrastructure development, and the expansion of end-use industries such as oil and gas, manufacturing, and construction are also contributing to the market's growth.

Key Trends and Developments

Air Compressor Market Trends

The increase in the adoption of robust and energy-efficient equipment is expected to fuel the demand for air compressors. The equipment often includes the use of sophisticated technology with high technical experience to develop high-powered and effective air compression equipment. The technological advances in air compression techniques have a profound effect on the equipment's compression capabilities and are expected to drive the air compressor market growth during the forecast period.

Consequently, in the coming years, high installation and maintenance costs for the equipment are likely to hamper the market’s growth. However, the rise in the development activities within the Asia Pacific, Latin America, and the Middle East and Africa is expected to provide manufacturers with profitable business opportunities over the forecast period.

Air Compressor Market by Type

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Air Compressor Industry Segmentation

The EMR’s report titled “Air Compressor Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Portable
  • Stationary

Market Breakup by Technology

  • Reciprocating/Piston Compressor
  • Rotary/Screw Compressor
  • Centrifugal Compressor

Market Breakup by Lubrication

  • Oiled
  • Oil-Free

Market Breakup by Power Rating

  • 0-100 kW
  • 101-300 kW
  • 301-500 kW
  • 501 kW and Above

Market Breakup by End Use

  • Manufacturing
  • Semiconductors and Electronics
  • Food and Beverage
  • Healthcare/Medical
  • Home Appliances
  • Energy
  • Oil and Gas
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
CAGR 2025-2034 - Market by Country
India 5.3%
China 5.0%
Saudi Arabia 4.9%
Canada 4.9%
Mexico 4.8%
USA XX%
UK 4.4%
France XX%
Italy XX%
Japan XX%
Australia XX%
Brazil XX%
Germany 4.0%

Air Compressor Market Share

The reciprocating and rotary compressor segments are expected to witness steady growth due to the increasing demand from manufacturing and industrial sectors

Reciprocating compressors are the most widely used type, accounting for a significant share of the overall market. They operate on the principle of drawing in air and compressing it using a piston moving in a cylinder. Reciprocating compressors are known for their reliability, efficiency, and suitability for a wide range of applications, including manufacturing, food processing, and home appliances. They are available in both stationary and portable versions.

Rotary compressors, including screw and vane types, are gaining popularity due to their high efficiency, low maintenance requirements, and compact design. Rotary screw compressors have emerged as the largest segment within the air compressor market report. They use two intermeshing helical screws to draw in air and compress it. Rotary compressors are also widely used in manufacturing, food and beverage, and home appliance industries.

Centrifugal compressors, on the other hand, are primarily used in large-scale applications such as power generation, oil refineries, and petrochemical plants. They use rotating impellers to draw in air and increase its velocity, which is then converted into pressure. Centrifugal compressors are known for their high flow capacity, efficiency, and reliability in continuous operation.

The market is driven by the diverse range of end-use industries that rely on these compressors for various applications

The manufacturing segment is a significant contributor to the air compressor market growth as there is a need for reliable power sources to support production processes. Air compressors are essential in various manufacturing processes, such as assembly lines, material handling, and pneumatic tools. The segment is expected to grow at a steady rate due to the increasing adoption of industrial automation technologies.

The semiconductors and electronics segment is another key end-use industry for air compressors due to the increasing demand for electronic devices. Air compressors are used to power various tools and equipment in the production of electronic components, such as cleaning and drying of components, and testing and assembly processes.

As per air compressor market analysis, the food and beverage industry also rely heavily on air compressors for powering pneumatic tools, such as pumps, valves, and conveyor systems, which are essential in the packaging and processing of food and beverages. Moreover, compressors are also used to power ventilators, anesthesia machines, and surgical tools in healthcare industry. Meanwhile, the demand for air compressors in home appliances industry is driven by the increasing adoption of automation and smart home technologies, which require efficient and reliable power sources.

Leading Manufacturers in the Air Compressor Market

Market players are focused on new product launches, mergers and acquisitions, partnerships, and collaborations to sustain growth and expand their geographical presence.

Atlas Copco AB

Atlas Copco AB was founded in 1873 and is headquartered in Nacka Municipality, Sweden. Operating in 180 countries, it manufactures railway equipment to a global industrial group focused on compressors, mining and construction equipment, and automated industrial tools.

Frank Technologies Private Limited

Frank Technologies Private Limited was founded in 2015 and is headquartered in Tamil Nadu, India. It is a private company that manufactures and exports a variety of industrial products, including industrial compressors, water chillers, gas generators, air dryers, and submicron filters.

Galaxy Auto Service Equipment Co., Ltd.

Galaxy Auto Service Equipment Co., Ltd. is a company founded in 1998 with offices in Shanghai, China, and New Jersey, United States. It specialises in automotive repair services and offer automotive lifts, tire changers, wheel balancers, alignment machines, and diagnostic equipment.

Bauer Compressors, Inc.

Bauer Compressors, Inc. is headquartered in Virginia, United States. Founded in 1976, it specialise in designing and manufacturing high-pressure compressor systems. Their expertise spans various markets, including high-pressure breathing air, GSA/military breathing air, industrial air and gas, plastics technology, natural gas, and inert gas compression.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other key players in the global air compressor market include Siemens Energy AG, among others.

Air Compressor Market by Region

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Air Compressor Market Analysis by Region

The North American market leads due to the presence of key players and the rapid industrialisation

North America is a significant market for air compressors, driven by the presence of key players and the adoption of advanced technologies. The region is also home to major industries such as manufacturing, oil and gas, and construction, which rely heavily on air compressors for various applications. For example, in the automotive industry, air compressors are used to power pneumatic tools for assembly and manufacturing processes.

Asia Pacific also has a significant air compressor market share due to rapid infrastructure development in countries like China and India. The region's strong manufacturing sector, including the automotive, electronics, and construction industries, also fuels the demand for air compressors. Additionally, growing investments in the energy and power sectors further contribute to the market's growth.

Air Compressor Market Report Snapshots

Air Compressor Market Size

Air Compressor Market Growth

Air Compressor Market Trends

Air Compressor Market Share

Air Compressor Manufacturers

Air Compressor Market Regional Analysis

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the air compressor market attained a value of nearly USD 23,764.17 million.

The market is expected to grow at a CAGR of 4.6% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to USD 35,539.67 million by 2034.

The market is expected to grow due to the increasing demand for packaged food, which requires air compressors for vacuum packaging, and the growth of the oil and gas industry, which uses air compressors for various applications such as lifting gas and gas process operations.

Key trends aiding market expansion include the air compressor market include advancements in air compression technology, rising demand for portable air compressors, and increasing research and development activities by major players to launch enhanced product ranges.

Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Portable and stationary are the different types of air compressors included in the market.

The market segmentation based on product lubrication include oiled and oil-free compressors.

The major end use segments of air compressors are manufacturing, semiconductors and electronics, food and beverage, healthcare/medical, home appliances, energy, and oil and gas, among others.

Key players in the market are Atlas Copco AB, Frank Technologies Pvt. Ltd, Galaxy Auto Service Equipment Co. Ltd., Bauer Compressors, Inc., and Siemens Energy AG, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Technology
  • Lubrication
  • Power Rating
  • End-Use
  • Region
Breakup by Type
  • Portable
  • Stationary
Breakup by Technology
  • Reciprocating/Piston Compressor
  • Rotary/Screw Compressor
  • Centrifugal Compressor
Breakup by Lubrication
  • Oiled
  • Oil-Free
Breakup by Power Rating
  • 0-100 kW
  • 101-300 kW
  • 301-500 kW
  • 501 kW and Above
Breakup by End Use
  • Manufacturing
  • Semiconductors and Electronics
  • Food and Beverage
  • Healthcare/Medical
  • Home Appliances
  • Energy
  • Oil and Gas
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Atlas Copco AB
  • Frank Technologies Pvt. Ltd
  • Galaxy Auto Service Equipment Co. Ltd.
  • Bauer Compressors, Inc.
  • Siemens Energy AG
  • Others
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