Air Compressor Market Growth Statistics & Regional Forecast, 2019-2024

Air Compressor Market size 2019-2024 report, added by Global Market Insights, unveils the current & future growth trends of this business sphere in addition to outlining details regarding the myriad geographies that form a part of the regional spectrum of Air Compressor Market. Intricate details about the supply & demand analysis, contributions by the top players, and market share growth statistics of the industry are also elucidated in the report.

One of the most prominent technologies in air compressor market is the rotary-based product. Rotary compressors are deployed across a slew of prominent industries such as mining, printing, healthcare, and metallurgy. Driven by their expansive implementation, rotary-based products hold a majority of the overall industry share – indeed, rotary air compressor market size has been expected to surpass a valuation of USD 15 billion by 2024.

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As claimed by the global leader, this next generation R-series compressors is almost 15% more energy competent when compared to conventional products. Speaking of CARE suit service, the company affirmed that by far it is the most comprehensive maintenance offering available in the market, with an improved reliability and cost competitiveness.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

  1. Atlas Copco
  2. Sullair, LLC
  3. Gardner Denver, Inc.
  4. Kaeser Kompressoren SE
  5. Ingersoll-Rand plc
  6. Rolair Systems
  7. Doosan Portable Power
  8. Hubei Teweite Power Technology Company Limited
  9. Elgi Compressors USA, Inc.
  10. Heyner UK Ltd.
  11. Hitachi Industrial Equipment Systems Co Ltd
  12. Ciasons Industrial, Inc.
  13. Mat Holdings, Inc.
  14. Oasis Manufacturing
  15. Aerzener Maschinenfabrik GmbH (Aerzen)
  16. Quincy Compressor
  17. Vanair Manufacturing, Inc.
  18. VMAC Company (VMAC Global Technology, Inc.)
  19. Zen Air Tech Pvt. Ltd.
  20. AireTex Compressors LLC
  21. Bauer Compressors, Inc.
  22. Belaire Compressors
  23. Emerson Climate Technologies, Inc.
  24. Frank Technologies

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Spanning the gigantic expanse of industrial sector, air compressor market is on its way of becoming one of the fastest growing business spaces of recent times, given the widespread product deployment across food & beverage, electronics, oil & gas, and manufacturing domains. The year 2017 has attained a profitable quotient for the overall industry, in terms of remuneration. One of the principal reasons why air compressor industry has gained an enviable popularity is the robust industrialization across APAC belt over the recent years. Macro-economic development along with increased disposable incomes across major economies like India, China, Japan has remarkably stimulated APAC automotive sector, another factor that has boosted air compressor market demand.

In fact, as per the reliable statistics, APAC automotive market is probably one of the fastest emerging business spaces, bearing a record of almost 51.5 million units of automotive sales in 2016.  In addition, this region is a profound investment destination for various European auto makers who have already initiated establishment of capitally intensive manufacturing units in Asia Pacific belt. Air compressor industry is essentially defined as a business arena which is closely linked with automotive sector proliferation, subject to the fact that air compressors find extensive application in vehicle air conditioning system, air breaks, and engines.

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Stringent mandatory roll outs implemented by governmental bodies with regards to sound pollution is somehow acting as a major hurdle in air compressor market growth, subject to the fact the operation of conventional air compressors involve high level noise. However, the aggressive efforts by the industry players to come up with noise proof technologically advanced solutions is expected to combat the growth hurdles in the coming years. Some of the renowned names include Kaeser Kompressoren, Vanair, Atlas Copco, VMAC Company, AireTex Compressors, Zen Air, Belaire Compressors, Quincy Compressor, Ciasons Industrial, Sullivan-Palatek, Hitachi Industrial Equipment Systems, and Oasis Manufacturing.

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