Industrial Air Compressor Market Analysis

Market Research Future (MRFR) projects the global Industrial Air Compressor Market to reach USD 63.9 Billion by 2030 at a CAGR of 7.02% from 2022 to 2030 (forecast period).

Our Market Overview and Regional Analysis provide an understanding of the industries, companies and products within the market. Our Trends section provides an analysis of how the market is currently performing and looks set to perform in the future. Our Growth Forecast section gives you an idea about how our Market Analysis works, by giving us further details on how we can build our Market Forecast model for a particular domain within this report. Lastly, in our Metrics section we outline important data points relating to each of these sections as well as our current forecasted price range.

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Industrial Air Compressor Market Segmentation

The global industrial air compressor market has been divided based on the seal, pressure, type, and end-user.

Based on the seal, the global industrial air compressor market has been divided based on the seal into oil-free seal and oil-lubricated seal.

Based on the pressure, the global industrial air compressor market has been divided based on the pressure into up to 20 bar, 20 – 100 bar, and above 100 bar.

Based on the type, the global industrial air compressor market has been divided based on the type into the dynamic type and positive displacement.

Based on the end-users, the global industrial air compressor market has been divided into the manufacturing industry, chemicals, and petrochemical industry, oil and gas industry, and many others.

Regional Analysis

APAC to Rule the Global Market

The Asia Pacific region has the biggest market share due to the increasing growth of liquefaction and regasification combined with industrialization, particularly in China, and the Asia Pacific region dominates the global market.

Multiple Factors to Augment Market Growth

The need for industrial air compressors is expanding in the global market as a result of rising energy consumption, development of liquefaction facilities, and rising demand for energy-efficient compressors all over the world. The usage of compressed air in material handling, machine tools, separation equipment, spray painting, and other applications to ensure ease and safety drives market demand. Furthermore, the demand for the industrial air compressor global market is fast expanding in the global industry, providing numerous potential prospects during the forecast period. The market's use in high-explosive and fire-hazard zones gives a variety of potential prospects. Furthermore, technological advancements, combined with a growing emphasis on energy conservation, give market growth potential.

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Industrial Air Compressor Market Key Players

Atlas Copco (Sweden), Danfoss (Denmark), Ingersoll-Rand plc (Ireland), GE Oil & Gas (US), Hitachi Ltd (Japan), Sullair LLC (US), Gardner Denver (US), Elloitt Group Ltd. (US), Kirloskar Pneumatics Co. Ltd. (India), Sulzer AG (Switzerland), Kobe Steel Ltd. (Japan), Howden Group Ltd. (UK), and Mitsubishi Heavy Industries, Ltd. (Japan).