Air Compressor Market Size and Share Analysis is Projected to Reach USD 37.16 Billion By 2032

𝐀𝐢𝐫 𝐂𝐨𝐦𝐩𝐫𝐞𝐬𝐬𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭

The global Air Compressor Market was valued at USD 23.55 billion in 2023. It is anticipated to grow to USD 37.16 billion by 2032, exhibiting a CAGR of 5.2% during the forecast period from 2024 to 2032.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/air-compressor-market/request-for-sample

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐟𝐢𝐧𝐢𝐭𝐢𝐨𝐧:

A compressor is a mechanism that extracts air from its surroundings and pumps it out at a greater pressure. It uses a pneumatic device and a gas compressor to transform automatic power from diesel, an electric motor, or a gasoline engine into conceivable power stored in compressed air. Compressed air has several applications. The pressurized air is kept in the container until it's needed. As compressed air is released, its pressure energy can be employed for a combination of purposes, including pneumatic tools.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:

● Air compressors play an important role in small and large production plants. Clean air is critical for the operation of equipment in various industries, which is why the compressed air industry has grown.
● The number of gas compressor stations has increased due to improved air quality and extensive installation of air monitoring systems to measure the impact of air and gas compressors.

𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/buy/65/2

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

The Air Compressor market is indicated by severe competition, with specified players depending on high-quality products, advanced technology, and a strong trademark. Here is the list of the leading companies operating in the industry:

• AireTex Compressor
• Atlas Copco
• Bauer Group
• BelAire Compressors
• Compressor Products International (CPI)
• Cook Compression
• Frank Compressors
• Galaxy Auto Stationary Equipment Co. Ltd.
• Gast Manufacturing, Inc.
• GENERAL ELECTRIC
• Ingersoll Rand Plc
• Kaeser Compressors
• MAT Industries, LLC

𝐀𝐢𝐫 𝐂𝐨𝐦𝐩𝐫𝐞𝐬𝐬𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬

• In 2022, the Stationary segment dominated the revenue share. The manufacturing sector has extensively embraced these compressors. Additionally, within the oil and gas industry, these compressors are widely utilized to power pneumatic equipment for tasks such as pipeline operations, oil extraction and refining, and various other processes.

• During the forecast period, the Rotary/Screw segment commanded the largest market share. This is credited to the widespread use of rotary air compressors in various industrial applications, including metallurgy and mining, papermaking and printing, electric power, electronic and electrical industries, as well as mechanical and electrical machinery.

• In 2022, Asia Pacific emerged as the leading market, driven by continuous governmental investments in infrastructure development and rapid industrialization. The expansion of the market is propelled by a growing demand for air compressors in various applications such as food and beverage, manufacturing, home appliances, and oil and gas. Moreover, the considerable presence of compressor manufacturers in India and China, along with a robust industrial base for electronics and semiconductor manufacturing in China and Taiwan, is expected to further stimulate market growth.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐓𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭, 𝐡𝐞𝐫𝐞: https://www.polarismarketresearch.com/industry-analysis/air-compressor-market

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

The market is mainly segmented based on type, product, lubrications, application, and region. According to the type analysis, the portable air compressor sector is expected to have a larger market share due to the growing usage of products in construction and mining operations.
Furthermore, according to product analysis, the screw sector has the largest air compressor market share. This is due to the widespread use of rotary air compressors in a variety of industrial applications, including areas.

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

U.S. AI Training Dataset Market: https://www.polarismarketresearch.com/industry-analysis/us-ai-training-dataset-market

Attack Surface Management Market: https://www.polarismarketresearch.com/industry-analysis/attack-surface-management-market

Operational Technology (OT) Security Market: https://www.polarismarketresearch.com/industry-analysis/operational-technology-ot-security-market

Green Technology And Sustainability Market: https://www.polarismarketresearch.com/industry-analysis/green-technology-and-sustainability-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐈𝐧𝐟𝐨:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

This release was published on openPR.