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Air Compressor Market Growth Prospects Predicted to Reach US$ 37.16 Billion, With 5.2 % CAGR Forecast Period 2024 to 2032

07-31-2024 10:08 AM CET | Energy & Environment

Press release from: Polaris Market Research & Consulting

Air Compressor Market

Air Compressor Market

๐“๐ก๐ž ๐š๐ข๐ซ ๐œ๐จ๐ฆ๐ฉ๐ซ๐ž๐ฌ๐ฌ๐จ๐ซ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ข๐ณ๐ž ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐›๐ž ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ 23.55 ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2023 ๐š๐ง๐ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ข๐ฌ๐ž ๐ญ๐จ ๐”๐’๐ƒ 37.16 ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ 2032. ๐“๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ž๐ ๐ข๐ฌ๐ญ๐ž๐ซ ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ 5.2% ๐๐ฎ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ฉ๐ž๐ซ๐ข๐จ๐ ๐Ÿ๐ซ๐จ๐ฆ 2024 ๐ญ๐จ 2032.

๐•๐š๐ซ๐ข๐จ๐ฎ๐ฌ ๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐ฉ๐ซ๐จ๐ฉ๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐ญ๐ก๐ž ๐๐ž๐ฆ๐š๐ง๐ ๐Ÿ๐จ๐ซ ๐š๐ข๐ซ ๐œ๐จ๐ฆ๐ฉ๐ซ๐ž๐ฌ๐ฌ๐จ๐ซ๐ฌ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž:
โ€ข Air compressors play a significant role in both small and large manufacturing facilities. Clean air is required for the operation of equipment in a variety of industries, which is why the compressed air business has expanded.

โ€ข The number of gas compressor places has expanded as a result of better air quality and the overall structure of air monitoring techniques to assess the impact of gas and air compression.

โ€ข The growing usage of variable-speed systems, combined with their low maintenance costs, efficient performance, and ability to retrofit existing systems, is driving the market for air compressors in major end-use sectors.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/air-compressor-market/request-for-sample

๐–๐ก๐š๐ญ ๐€๐ซ๐ž ๐€๐ข๐ซ ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ฌ๐ฌ๐จ๐ซ๐ฌ?
An apparatus that draws air from its surroundings and pushes it out at higher pressure is called a compressor. It converts automatic power from diesel, an electric motor, or a gasoline engine into conceivable power stored in compressed air using a pneumatic device and a gas compressor. The uses for compressed air are numerous. Until it's needed, the pressurized air is held in the container. The pressure energy of released compressed air can be used for a variety of things, such as pneumatic tools.

๐“๐จ๐ฉ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ:
The industry is marked by fierce competition, and the leading companies rely on cutting-edge technology, superior goods, and a strong brand identity to boost sales. Some of the leading companies in the air compressor market are:
โ€ข AireTex Compressor
โ€ข Atlas Copco
โ€ข Bauer Group
โ€ข BelAire Compressors
โ€ข Compressor Products International (CPI)
โ€ข Cook Compression
โ€ข Frank Compressors
โ€ข Galaxy Auto Stationary Equipment Co. Ltd.
โ€ข Gast Manufacturing, Inc.
โ€ข GENERAL ELECTRIC
โ€ข Ingersoll Rand Plc
โ€ข Kaeser Compressors

๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐“๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ: https://www.polarismarketresearch.com/buy/65/2

๐€๐ข๐ซ ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ฌ๐ฌ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โ€ข 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.

โ€ข 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.

โ€ข 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.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐“๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž: https://www.polarismarketresearch.com/industry-analysis/air-compressor-market

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐๐ซ๐ž๐š๐ค๐๐จ๐ฐ๐ง:
The air compressor market is mainly segmented based on type, product, lubrications, application, and region. Based on the type analysis, the portable air compressor industry is predicted to gain in market share as goods are increasingly used in construction and mining operations.

Furthermore, according to product research, it shows that the screw sector has the biggest market share, owing to the extensive usage of rotary air compressors in a variety of industrial applications, including areas.
โ€ข ๐๐ฒ ๐“๐ฒ๐ฉ๐ž
o Stationary
o Portable

โ€ข ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ
o Centrifugal
o Reciprocating/Piston
o Rotary/Screw

โ€ข ๐๐ฒ ๐‹๐ฎ๐›๐ซ๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ
o Oil-Free
o Oil-Filled

โ€ข ๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง
o Production
o Semiconductor and Electronics
o Food and Beverage
o Healthcare and Medical
o Household Appliances
o Energy
o Oil and Gas
o Other Sectors

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:
โ€ข North America (U.S., Canada)
โ€ข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โ€ข Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
โ€ข Latin America (Brazil, Mexico, Argentina)
โ€ข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:
Hydrogen Generation Market : https://www.polarismarketresearch.com/industry-analysis/hydrogen-generation-market
Waste Recycling Services Market : https://www.polarismarketresearch.com/industry-analysis/waste-recycling-services-market
Water Desalination Equipment Market : https://www.polarismarketresearch.com/industry-analysis/water-desalination-equipment-market
Energy-as-a-Service Market : https://www.polarismarketresearch.com/industry-analysis/energy-as-a-service-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ :
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก :
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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