About Industrial Air Compressors
An industrial air compressor is a device that converts electrical power using an electric motor, diesel or gasoline engine etc. into potential energy stored in pressurized air. The air contained in the compressed air can be used for a variety of applications. There are many different sorts of air compressors. It works in two phases including the compression operation and the release operation. Industrial air compressors are used to power industrial tools much like commercial varieties and can be used to power larger machines and applications.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Industrial Air Compressors market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Industrial Air Compressors Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Industrial Air Compressors 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.
ROLAIR Systems (United States), Atlas Copco Group (Sweden), Sullair (United States), Ingersoll Rand Inc. (Ireland), General Electric (GE) (United States), Siemens AG (Germany), Gardner Denver Inc. (United States), Dresser-Rand Group (United States), Zhejiang Kaishan Compressor Co., Ltd. (China) and Kaeser Kompressoren (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Doosan Portable Power (United States), Aerzener Maschinenfabrik GmbH (Germany), Elgi Compressors (India) and Ciasons Industrial Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Industrial Air Compressors market by Type (Portable and Stationary), Application (Oil and Gas Industry, Food and Beverages, Manufacturing, Healthcare, Power Generation, Construction and Mining and Others) and Region.
On the basis of geography, the market of Industrial Air Compressors 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). If we see Market by Power Rating, the sub-segment i.e. 0-100 kW will boost the Industrial Air Compressors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Rotary Air Compressors will boost the Industrial Air Compressors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advancements in the Compressor Technology
Market Growth Drivers:
Perfect Compressed-Air Solution for a Wide Range of Higher Gas-Pressure Applications, Functions at High Temperatures and Locations Where Risk Of Explosions and Fire Hazards and Energy Efficiency and Ease of Maintenance
Challenges:
Government Rules and Regulations Regarding the Noise Pollution
Restraints:
High Initial Cost of Installation
Opportunities:
Growing Demand for Energy Efficient Compressors and Increasing Demand from Emerging Economies
Market Leaders and their expansionary development strategies
In January 2024,The compressor manufacturer Sauer Compressors based in northern Germany has taken over its Swedish sales partner Söders Maskinservice AB with effect. The 100 per cent company acquisition is intended to further expand Sauer Compressors' market presence in the Nordic countries. The new member of the group of companies will operate as Sauer Compressors Nordics AB in the future.
In July 2019, Atlas Copco Launched five new specially designed products in the air compressor segment for the Indian market, providing an edge to small and medium scale business units. This new range includes piston air compressors, screw air compressors, and on-site nitrogen-generator series to cater to the changing demands of customers from different sectors across India.
Key Target Audience
Industrial Air Compressors Manufacturers, Raw Material Suppliers/ Buyers, Component Supplier, Distributors, Government Body & Associations and End-user
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.