Press release
Global Industrial Air Compressor Market Outlook 2025-2034: Trends, Innovations, And Future Outlook
Industrial Air Compressor Market Share
What Is the Industrial Air Compressor Market Size and Projected Growth Rate?
The market size for industrial air compressors has witnessed considerable growth in recent years. The market value is forecasted to increase from $22.43 billion in 2024 to $23.63 billion in 2025, with a compound annual growth rate (CAGR) of 5.3%. This growth witnessed in the prior period is due to an expansion in manufacturing and industrial activities across a variety of sectors, the requirement for compressed air in automation and pneumatic systems, the need for a consistent and dependable air supply in industrial operations, a focus on energy efficiency and reduction in operating costs in the industry, and the adoption of mobile and compact air compressor solutions.
In the coming years, the industrial air compressor market is anticipated to experience substantial growth, with a projection to reach $29.94 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. This growth during the forecast period could be linked to several factors including the shift towards electric and hybrid air compressors for sustainability purposes, the need for oil-free and uncontaminated compressed air solutions, the customizing of compressor systems for unique industrial uses, advancements in the research and development of innovative air compressor technologies, and the broadening use of compressed air in up-and-coming industries and applications. Key trends expected during the forecast period are variable speed drive (VSD) and variable frequency drive (VFD) technology, oil-free air compressor systems, high-efficiency particulate air (HEPA) filters that conserve energy, the incorporation of IoT for remote surveillance and predictive upkeep, and hybrid and dual-power air compressors.
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What Are the Major Segments in the Industrial Air Compressor Market?
The industrial air compressor market covered in this report is segmented -
1) By Type: Rotary Air Compressors, Reciprocating Air Compressors, Centrifugal Air Compressors
2) By Product: Positive Displacement, Dynamic Displacement
3) By Seal: Oil-Free Seal, Oil-Lubricated Seal
4) By Application: Food And Beverage, Oil And Gas, Energy And Mining, Semiconductor And Electronics, Manufacturing, Construction And Municipal, Pharmaceuticals, Agriculture Or Farming
Subsegments:
1) By Rotary Air Compressors: Rotary Screw Compressors, Rotary Vane Compressors
2) By Reciprocating Air Compressors: Single-Stage Reciprocating Compressors, Two-Stage Reciprocating Compressors
3) By Centrifugal Air Compressors: Oil-Lubricated Centrifugal Compressors, Oil-Free Centrifugal Compressors
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What Are The Driving Industrial Air Compressor Market Evolution?
The rise in the need for energy-conserving air compressors is projected to catalyze the expansion of the Industrial Air Compressor market. Essentially, an industrial air compressor is an apparatus that transforms potential energy into pressurized air. This economical air compressor can present a considerable advantage amidst escalating energy costs and broader access to energy-saving technologies across industrial domains. For example, the U.S. Department of Energy claims that compressed air systems typically consume 10 to 30% of all energy in an industrial facility. Incorporating energy-conserving air compressors into industries can enhance energy usage by 20% effectively. Consequently, the initiation of energy-conserving air compressors in the industrial air compressor market signifies a considerable advancement.
Which Firms Dominate The Industrial Air Compressor Market Segments?
Major companies operating in the industrial air compressor market include Atlas Copco, Danfoss A/S, HD Hyundai Infracore Co. Ltd., EBARA Corporation., Elgi Equipments Limited., Hitachi Ltd., Howden Group Ltd., Ingersoll-Rand PLC, Kaeser Kompressoren Inc., Kirloskar Pneumatics Co. Ltd, Kobe Steel Ltd., Baker Hughes Company., BOGE KOMPRESSOREN Otto Boge GmbH & Co. KG, MAT Industries LLC., Coaire Inc., Elliott Group Ltd., FS-Curtis, Fusheng Group, Gardner Denver Pvt Ltd., Air Squared Inc., Air Systems Products LLC., Airmaze Corporation Pte Ltd ., American Eagle Accessories Group, Bambi Air Compressors Ltd., Bauer Compressors Inc., Chicago Pneumatic Holdings Ltd., Curtis-Toledo Inc., EMAX Compressor, Jenny Products Inc.
What Trends Are Expected to Dominate the Industrial Air Compressor Market in the Next 5 Years?
Leading firms in the industrial air compressor market are pioneering advancements such as VSD (Variable Speed Drive) technology. This innovation boosts the effectiveness and operation of manufacturing processes by enabling accurate motor speed control and lessening energy usage. Essentially, VSD technology adjusts the speed and torque of electric motors by modulating the input frequency and voltage. For example, in March 2023, Atlas Copco, an industrial firm based in the UK, unveiled its expanded GA VSD oil-injected screw compressor range, which now includes 5-18 kW models, thereby enhancing their energy-efficient and environmentally-friendly products. This latest VSD technology, accessible in 5 to 37 kW sizes, offers intelligent functioning and up to 60% energy savings for smaller compressed air users. The newly added models uphold benefits such as energy conservation, eco-friendliness, efficient performance, robust connectivity, compact design, and quiet operation.
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Which Is The Largest Region In The Industrial Air Compressor Market?
Asia-Pacific was the largest region in the industrial air compressor market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial air compressor market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Industrial Air Compressor Market?
2. What is the CAGR expected in the Industrial Air Compressor Market?
3. What Are the Key Innovations Transforming the Industrial Air Compressor Industry?
4. Which Region Is Leading the Industrial Air Compressor Market?
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