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Report Overview
The global industrial air compressor market value is expected to grow at a CAGR of 3.90% in the forecast period of 2024-2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Industrial Air Compressor Market Report Snapshots
Industrial Air Compressor Market Size
Industrial Air Compressor Market 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
The market is projected to grow at a CAGR of 3.90% between 2024 and 2032.
The major drivers of the market are growing utilisation of energy efficient air compressors, surging use in the oil and gas industry, and increasing technological advancements.
The key trends of the market are versatile applications in the food and beverage sector, progressive product improvements, and rising demand for end user satisfaction.
An industrial air compressor is an electronic device that converts power into potential energy using an electric motor that is then stored in pressurised air which finds applications across various industries.
The applications of industrial air compressors include operating pneumatic machinery, spraying crops, and carrying out functions in food and beverage manufacturing processes, among other uses.
Based on end use, the market is segmented into manufacturing, healthcare, oil and gas, food and beverage, power generation, construction and mining, and others.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Any regular air can be used in industrial air compressors, after the volume has been decreased and compressed using a compressor.
By type, the market is divided into reciprocating air compressors, rotary air compressors and centrifugal air compressors.
The competitive landscape consists of Atlas Copco AB, Ingersoll Rand Inc., Mitsubishi Heavy Industries, Ltd., and Kaeser Kompressoren SE, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124