Press release
Rise In Demand For Energy Efficient Compressors: Strategic Insights Driving Industrial Air Compressor Market Momentum in 2025
Industrial Air Compressor
How Large Will the Industrial Air Compressor Market Size By 2025?
In recent times, there has been a consistent expansion in the industrial air compressor market size. The market, which is set to broaden from $22.43 billion in 2024 to $23.25 billion in 2025, is expected to experience a compound annual growth rate (CAGR) of 3.7%. This growth during the historic period is as a result of an upsurge in manufacturing and industrial activities across diverse sectors, the rising demand for compressed air in automation and pneumatic systems, the increasing requirement for a dependable and constant air supply in industrial processes, an emphasis on energy efficiency and lowering operational costs in industries, and the widespread adoption of compact and easily transportable air compressor solutions.
How Big Is the Industrial Air Compressor Market Size Expected to Grow by 2029?
The market size of industrial air compressors is predicted to experience substantial development in the upcoming years, ascending to $28.88 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 5.6%. The expected growth in the forecast period is due to several factors including progress towards electric and hybrid air compressors for environmental sustainability, increased demand for oil-free and contaminant-free compressed air systems, tailored compressor solutions for unique industrial requirements, advancements in R&D of future air compressor technologies, and expansion of compressed air applications in budding industries. Key trends expected to shape the forecast period include variable speed drive (VSD) and variable frequency drive (VFD) technology, oil-free air compressor systems, high-efficiency and energy-saving particulate air (HEPA) filters, incorporation of IoT for distance monitoring and predictive maintenance, and hybrid and dual-powered air compressors.
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Which Key Market Drivers Powering Industrial Air Compressor Market Expansion and Growth?
The Industrial Air Compressor market is tipped to grow due to the rising demand for energy-efficient air compressors. Industrial air compressors, devices that convert potential energy into compressed air, offer some key advantages in an environment of increasing energy costs and readily available energy-saving technologies in the industrial field. For instance, the U.S. Department of Energy reports that compressed air systems consume 10-30% of an industrial facility's total energy on average. By employing energy-efficient air compressors in these industries, energy consumption could potentially be reduced by 20%. Hence, the incorporation of energy-efficient air compressors in the industrial air compressor market is a significant move.
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What Are the Key Trends Driving Industrial Air Compressor Market Growth?
Leading firms in the industrial air compressor market are exploring new, advanced technologies including VSD (Variable Speed Drive) technology. This innovation boosts the efficiency and effectiveness of manufacturing processes by enabling detailed control over motor speeds and decreasing energy usage. Essentially, the VSD (Variable Speed Drive) technology is a system that manipulates the speed and torque of electric motors by altering the input frequency and voltage. For example, in March 2023, a UK-based industrial firm, Atlas Copco, introduced its GA VSD oil-injected screw compressor range that now includes models from 5-18 kW, thereby augmenting its energy-efficient and sustainable solutions. This novel VSD technology - available in sizes 5 to 37 kW- provides intelligent operation and can result in energy savings of up to 60% for smaller compressed air users. Moreover, these new models continue to provide benefits such as savings, sustainability, intelligent performance, outstanding connectivity, reduced physical footprint and silent operation.
What Are the Emerging Segments in the Industrial Air Compressor Market?
The industrial air compressormarket 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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Who Are the Global Leaders in the Industrial Air Compressor Market?
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.
Which are the Top Profitable Regional Markets for the Industrial Air Compressor Industry?
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.
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