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Air Compressor Market 2024 Top Players Sullair, Atlas Copco, Gardner Denver, Ingersoll-Rand, Kaeser Kompressoren, Rolair Systems, Doosan Portable Power, Sullivan-Palatek.
Air Compressor Market
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Oil-free air compressor industry is scoring a competitive edge with the modernization of air compression tools and introduction of specific processes which require exclusively air. Stringent mandatory roll outs implemented by governmental bodies with regards to sound pollution is somehow acting as a major hurdle in air compressor market growth, subject to the fact the operation of conventional air compressors involve high level noise.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Atlas Copco
2. Sullair, LLC
3. Gardner Denver, Inc.
4. Kaeser Kompressoren SE
5. Ingersoll-Rand plc
6. Rolair Systems
7. Doosan Portable Power
8. Hubei Teweite Power Technology Company Limited
9. Elgi Compressors USA, Inc.
10. Heyner UK Ltd.
11. Hitachi Industrial Equipment Systems Co Ltd
12. Ciasons Industrial, Inc.
13. Mat Holdings, Inc.
14. Oasis Manufacturing
15. Aerzener Maschinenfabrik GmbH (Aerzen)
16. Quincy Compressor
17. Vanair Manufacturing, Inc.
18. VMAC Company (VMAC Global Technology, Inc.)
19. Zen Air Tech Pvt. Ltd.
20. AireTex Compressors LLC
21. Bauer Compressors, Inc.
22. Belaire Compressors
23. Emerson Climate Technologies, Inc.
24. Frank Technologies
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The debut of a breakthrough compressed air technology by Ingersoll Rand unrefutably adds up an extra feather to air compressor market growth. Ingersoll Rand, one of the leading names in air compressor industry is reported to unveil the advanced R-series oil flooded screw compressors (RS200 to RS250) and enriched CARE Suite service programs at ComVac 2017, Germany, this year. As claimed by the global leader, this next generation R-series compressors is almost 15% more energy competent when compared to conventional products. Speaking of CARE suit service, the company affirmed that by far it is the most comprehensive maintenance offering available in the market, with an improved reliability and cost competitiveness.
The year 2016 has attained a profitable quotient for the overall industry, procuring a significant revenue of USD 35 billion and the trend is likely to continue with a projected market share of over USD 40 billion by 2024. One of the principal reasons why air compressor industry has gained an enviable popularity is the robust industrialization across APAC belt over the recent years. Macro-economic development along with increased disposable incomes across major economies like India, China, Japan has remarkably stimulated APAC automotive sector, another factor that has boosted air compressor market demand.
However, the aggressive efforts by the industry players to come up with noise proof technologically advanced solutions is expected to combat the growth hurdles in the coming years. Some of the renowned names include Kaeser Kompressoren, Vanair, Atlas Copco, VMAC Company, AireTex Compressors, Zen Air, Belaire Compressors, Quincy Compressor, Ciasons Industrial, Sullivan-Palatek, Hitachi Industrial Equipment Systems, and Oasis Manufacturing.
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In fact, as per the reliable statistics, APAC automotive market is probably the fastest emerging business space, bearing a record of almost 51.5 million units automotive sales in 2016. In addition, this region is a profound investment destination for various European auto makers who have already initiated establishment of capitally intensive manufacturing units in Asia Pacific belt. Air compressor industry is essentially defined as a business arena which is closely linked with automotive sector proliferation, subject to the fact that air compressors find extensive application in vehicle air conditioning system, air breaks, and engines. Statistics further affirming the correlation- Asia Pacific covered almost 50% of the overall air compressor industry share in 2016.
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