Press release
AIOps Market: Massive Growth Opportunities, Key Players and Dominant Trends till 2029
AIOps Market
Promising future waiting as the global air compressor filter and compressed air dryer market projects a CAGR of 7.9% to reach $5.65 billion by 2029, powered by growing industrialization, energy efficiency regulations, and new technological trends.
What Is The Projected Market Size Of The Global Air Compressor Filter & Compressed Air Dryer Market And Its Growth Rate?
• The market size has grown strongly from $3.9 billion in 2024 to $4.17 billion in 2025 with a CAGR of 6.7%. This rise was sparked by factors such as industrialization, manufacturing growth, energy efficiency regulations, and environmental concerns.
• The future looks promising with projected growth standing at $5.65 billion in 2029, boasting a CAGR of 7.9%. The forecast period highlights key drivers like the adoption of industry 4.0, infrastructure development, rising automotive industry, and urbanization.
What Is Driving The Growth In The Air Compressor Filter & Compressed Air Dryer Market?
The notable growth of the pharmaceutical industry has lit the path for the air compressor filter & compressed air dryer market. Pharmaceutical manufacturing requires high-quality air free of contaminants, calling for investments in air filters and dryers. For instance, the domestic pharmaceutical market in India was valued at USD 42 billion in 2021 and is projected to hit USD 65 billion by 2024. Moreover, Germany produced 4.5% of the world's pharmaceuticals in 2020, and this output is projected to increase further. As such, the surging pharmaceutical industry is driving the market growth.
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Who Are the Key Players Driving Air Compressor Filter & Compressed Air Dryer Market Growth?
• Beko Technologies GmbH
• BOGE KOMPRESSOREN
• Donaldson Company Inc.
• Ingersoll Rand
• Kaeser Compressors Inc.
• Parker Hannifin Corporation
• SPX Flow Inc.
• Sullair
• Sullivan-Palatek Inc.
• Van Air Systems
• Walker Filtration Limited
• Airfilter Engineering (AFE)
• Ing. Enea Mattei Spa
• Mann + Hummel Gruppe
• OMEGA AIR d.o.o. Ljubljana
• Precision Filtration Products
• ZEKS Compressed Air Solutions
• Gardner Denver
• CompAir
• Mattei
• Sauer Compressors
• Hitachi Industrial Equipment Systems Co Ltd
• MTA SpA
• Zander Group
• Pentair
• Quincy Compressors
• Aircel
• Deltech
What Are The Key Trends In The Air Compressor Filter & Compressed Air Dryer Market?
• Adoption of smart and connected systems
• Development of modular and scalable solutions
• Advancement in nanofiber technology
• Implementation of remote monitoring and predictive maintenance
• High-pressure air treatment solutions becoming popular
What Are The Segments Of The Global Air Compressor Filter & Compressed Air Dryer Market?
• By Product Type: Compressed Air Dryers, Compressed Air Filters
• By Application: Condensed Water Removal, Oil Removal, Particulate Removal, Other Applications
• By Industry Vertical: Automotive, Oil and Gas, Food and Beverages, Power Generation, Metals and Machinery, Pharmaceuticals, Electronics, Chemicals, Other Industries
Which Region Leads The Air Compressor Filter & Compressed Air Dryer Market?
North America reigns as the largest region in the air compressor filter & compressed air dryer market as of 2024. Other key regions include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Air Compressor Filter & Compressed Air Dryer Market Global Market Report?
- Market Size Analysis: Analyze the Air Compressor Filter & Compressed Air Dryer Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Air Compressor Filter & Compressed Air Dryer Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Air Compressor Filter & Compressed Air Dryer Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Air Compressor Filter & Compressed Air Dryer Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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