About Mobile Air Compressor
The term mobile varies from lightweight handy compressors in the garage to huge wheel or utility mounted compressors used in mining and quarrying activities. Compressed air is the most extensively used form of energy, regardless of its expenses. From inflating tires to mining activities, compressors come in handy for different types of ventures. Ease of transportability, efficient energy consumptions and availability in different sizes owing to development in their mechanisms for ease of use are the major factors driving the mobile air compressor market in the long run.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 5.35% |
Leading key players are focusing on strategic partnerships to improve their products and services. Companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that Global Manufacturers will contribute the maximum growth to Global Mobile Air Compressor market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ABAC (Italy), Aircom S.r.l. (Italy), Airpol (United States), Anest Iwata (Japan), BAUER KOMPRESSOREN GmbH (Germany), Atlas Copco AB (Sweden), Kobe Steel Ltd. (Japan), Elgi Equipments Limited (India), Ingersoll-Rand PLC (Ireland), Kirloskar Pneumatic Company Limited (India) and Mitsubishi Heavy Industries Ltd. (Japan) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Suzler Ltd. (Switzerland), Ebara Corporations (Japan), Porter Cable (United States) and VMAC Global Technology Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Mobile Air Compressor market by Type (Electric Drive Type and Diesel Engines Type), Application (Remote Pneumatic Applications, Emergency Production Line, Construction Industrial, Grounding and Other) and Region.
On the basis of geography, the market of Mobile Air Compressor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by End User, the sub-segment i.e. Food & Beverage will boost the Mobile Air Compressor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Lubrication Method, the sub-segment i.e. Oiled will boost the Mobile Air Compressor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The equipment require the application of sophisticated technology with high technical expertise for designing high power rated and efficient air compression equipment.
Market Growth Drivers:
The Rise in the Adoption of Robust and Energy-Efficient Equipment and Rising Product Usage in Mining and Quarrying Activities
Challenges:
Stringent government regulations
Restraints:
The High Cost of Installation and Maintenance for the Equipment
Opportunities:
The Increase in Production Activities in Developing Countries
Market Leaders and their expansionary development strategies
In December 2023, Cummins Arabia and Sullivan Palatek Form a Strategic Alliance to Distribute Portable Air Compressors. In a strategic move that promises to reshape the landscape of air compressor market in the UAE, Cummins Arabia has joined forces with Sullivan Palatek Asia (SPA). This alliance introduces SPA's Diesel Driven Portable Air Compressors to the UAE market.
In March 2023, ELGi launched the New GP35FP Portable Air Compressor at CONEXPO-CON/AGG 2023, with this addition, ELGi now offers nine models in its portable air compressor lineup ranging from 35 CFM to 900 CFM.
Sec. 204.52 Portable air compressor noise emission standard. (a) Effective January 1, 1978, portable air compressors with a maximum rated capacity of less than or equal to 250 cubic feet per minute (cfm) shall not produce an average sound level in excess of 76 dBA when measured and evaluated according to the methodology provided by this regulation.
Key Target Audience
Mobile Air Compressor Manufactures, Mobile Air Compressor Suppliers, Mobile Air Compressor Distributors, Government Regulatory Bodies, Private Research Organizations, Government Research Organization and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.