Soaring Demand Set to Propel Stationary Air Compressor Market to $61.5 Billion by 2029

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What Is the Expected CAGR for the Stationary Air Compressor Market Through 2025?
In recent times, there has been a slight dip in the size of the stationary air compressor market. This market is projected to decrease from $56.85 billion in 2024 to $56.49 billion in 2025, a compound annual growth rate (CAGR) of -0.6%. The historic period growth can be credited to factors such as rising industrialization and manufacturing growth, construction surge, growth in the automobile sector, concerns regarding energy efficiency, and the need for maintenance and repair.

What's the Projected Size of the Global Stationary Air Compressor Market by 2029?
Over the next several years, a moderate expansion is anticipated for the stationary air compressor market, with a growth projection to reach $61.5 billion by 2029. This increase corresponds to a compound annual growth rate (CAGR) of 2.1%. Influencing this predicted growth are factors such as renewable energy initiatives, advancements in e-commerce and logistics, environmental stewardship, urban expansion, and infrastructure improvements, as well as progression in materials and design. Key trends expected during the forecast period encompass the integration of technology and its advancements, promotion of energy efficiency and sustainability, the incorporation of intelligent technology, and digital transformation of operations.

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Top Growth Drivers in the Stationary Air Compressor Industry: What's Accelerating the Market?
The growth of the stationary air compressor market is anticipated to be boosted by the escalating demand from the manufacturing sector. The manufacturing sector plays a pivotal role in the economy, engaged in transforming raw materials and components into final products ready for consumer use or for other industries. Stationary air compressors are needed in this sector to supply a dependable source of compressed air for industrial applications. These compressors are engineered to generate and store compressed air at a vastly larger capacity compared to portable air compressors. For example, as stated by the International Federation of Robotics, a non-profit organization based in Germany, there were 553,052 industrial robot installations in factories all over the world in September 2023, which represents a yearly growth rate of 5% in 2022. Hence, the rising demand from the manufacturing sector fuels the growth of the stationary air compressor market.

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What Trends Will Shape the Stationary Air Compressor Market Through 2029 and Beyond?
Significant players in the stationary air compressor market are creating alliances, in which multiple firms collaborate in the development of stationary air compressors with the purpose of expanding customer reach, enhancing sales, and bolstering revenue. For instance, Power Equipment Direct, a US-based online retailer, joined hands with ABAC Air Compressors, a US-based air compressor manufacturer, in June 2023. The goal of this partnership is to provide customers with a superior product from a reputable brand, gain insights into ABAC's ground-breaking integrated block technology, and evolve their air compressors. Moreover, in February 2024, Elgi Equipments Ltd., an Indian air compressor producer, revealed an alliance with D.V.P. Vacuum Technology S.p.A., an Italian vacuum technology firm. They struck a deal to manufacture, assemble, test, and sell D.V.P.'s proprietary vacuum solutions in India, with the ambition to amplify Elgi's product range while exploiting manufacturing and distribution synergies to tap into the rapidly expanding Indian vacuum market. This partnership underscores the key role of vacuum technology integration in enhancing Elgi's competitive position and tapping into the burgeoning global vacuum pump market.

What Are the Main Segments in the Stationary Air Compressor Market?
The stationary air compressormarket 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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