Stationary Air Compressor Market on Track for Strong Growth, Estimated to Grow at 2.5% CAGR Through 2029

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What Is the Expected CAGR for the Stationary Air Compressor Market Through 2025?
In the past few years, there has been a minor increase in the size of the stationary air compressor market. The market, which was valued at $56.85 billion in 2024, is projected to rise to $57.66 billion in 2025, with a compound annual growth rate (CAGR) of 1.4%. This increase during the historical timeframe can be credited to factors such as industrial and manufacturing growth, a boom in construction, expansion of the automotive industry, energy efficiency issues, and maintenance and repair requirements.

What's the Projected Size of the Global Stationary Air Compressor Market by 2029?
The size of the stationary air compressor market is anticipated to enjoy stable expansion in the following years, reaching $63.56 billion in 2029 with a compound annual growth rate (CAGR) of 2.5%. This increment during the prediction period can be associated with factors such as the initiation of renewable energy projects, escalation in e-commerce and logistics, emphasis on sustainable methods, urbanization coupled with infrastructure evolution, and progression in materials and design. Notable trends during this anticipated period encompass the integration of technology, technological progressions, emphasis on energy efficiency and sustainability, incorporation of intelligent technology, and the shift towards digitalization of operations.

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Top Growth Drivers in the Stationary Air Compressor Industry: What's Accelerating the Market?
The continual rise in demand from the manufacturing sector is expected to fuel the expansion of the stationary air compressor market. The manufacturing sector plays a crucial part in the economy, turning raw materials into finished goods that can either be sold directly to customers or utilized in other industries. Stationary air compressors offer a dependable source of compressed air for various industrial applications, and are engineered to generate and retain a higher volume of compressed air compared to their portable counterparts. A report from the Germany-based International Federation of Robotics in September 2023 highlights, for example, that there were 553,052 industrial robotic installations worldwide, indicating a 5% growth over the previous year. Thus, the escalating demand from the manufacturing sector is significantly contributing to the expansion of the stationary air compressor market. Stationary Air Compressor Market Driver: Escalating Demand in Oil and Gas Sectors Bolstering Stationary Air Compressor Market Growth

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What Trends Will Shape the Stationary Air Compressor Market Through 2029 and Beyond?
Main players in the stationary air compressor market are establishing collaborations in order to design stationary air compressors that cater to larger client groups, drive more sales, and boost revenue. For example, Power Equipment Direct, a US-based e-commerce firm, teamed up with ABAC Air Compressors, a US-based air compressor maker, in June 2023. Their objective is to provide their clientele with top-tier products from reliable brands, tap into ABAC's state-of-the-art integrated block technology, and manufacture air compressors. Furthermore, Elgi Equipments Ltd., an Indian air compressor producer, initiated a collaboration with Italy-based vacuum technology company D.V.P. Vacuum Technology S.p.A in February 2024. Their goal is to manufacture, assemble, test, and distribute D.V.P.'s exclusive vacuum products in India, thus enlarging Elgi's product range and utilizing manufacturing and distribution synergies to penetrate the fast-advancing Indian vacuum market. This teamwork emphasizes the need for incorporating vacuum technology into Elgi's range, enhancing its competitive standing, and tapping into the expanding worldwide vacuum pump market.

What Are the Main Segments in the Stationary Air Compressor Market?
The stationary air compressor market covered in this report is segmented -

1) By Product Type: Rotary, Reciprocating, Centrifugal
2) By Lubrication Method: Oiled, Oil-Free
3) By Pressure: Up To 20 Bar, 21-100 Bar, Above 100 Bar
4) By End-User Industry: Food And Beverages, Oil And Gas, Semiconductor And Electronics, Manufacturing, Other End-Users

Subsegments:
1) By Rotary: Rotary Screw Compressors, Rotary Vane Compressors
2) By Reciprocating: Single-Stage Reciprocating Compressors, Multi-Stage Reciprocating Compressors
3) By Centrifugal: Single-Suction Centrifugal Compressors, Double-Suction Centrifugal Compressors

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Which Top Companies are Driving Growth in the Stationary Air Compressor Market?
Major companies operating in the stationary air compressor market report are Phillips 66 Company, Idemitsu Kosan Co. Ltd., Dow Chemical Company, Bharat Petroleum Corporation Limited, Atlas Copco AB, Ingersoll-Rand PLC, Calumet Branded Products LLC, Mat Holdings Inc., Gardner Denver, Kaeser Compressors Ltd., LIQUI MOLY GmbH, Elgi Equipment Limited, Sullair LLC, Quincy Compressor, Puma Industrial Co. Ltd., Chicago Pneumatic, Fusheng Group, Bauer Compressor Ltd., ABAC Air Compressors, Sullivan-Palatek Inc., Vanair Manufacturing Inc., Gast Manufacturing, Rolair Systems, Kulmec Compressor, MAX-Air, Saylor-Beall Manufacturing Company, Ciasons Industrial Inc., EMAX Compressor, Hubei Teweite Power Technology Company Limited, Zen Air Tech Private Limited

Which Regions Will Dominate the Stationary Air Compressor Market Through 2029?
Asia-Pacific was the largest region in the stationary air compressor market in 2024. The regions covered in the stationary air compressor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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