The global portable air compressor market is anticipated to grow at a significant CAGR of 7.2% during the forecast period (2021-2027). One of the major factors driving the growth of the global portable air compressor market is the growing demand for mobile air compressor solutions across a wide range of applications. Air compressors primarily function to compress the air facilitating various operations and equipment. Furthermore, there are various uses of portable air compressors such as pneumatic tools, power pumps, pipes, and common household uses. Portable air compressors require less time compared to traditional air compressors, which makes portable air compressors faster and more efficient. The portable air compressors offers more benefits than their traditional counterparts, which is expected to fuel the growth of the global portable air compressor market in the upcoming forecast year.
Another factor driving the growth of the global portable air compressor market is the rise in the requirement of portable air compressors in developing countries such as India, China, Brazil, South Korea, and Japan. These countries have shown a major growth in industrial output, which can be contributed to less expensive material and affordable labor along with favorable government policies. According to the Indian Brand Equity Foundation (IBEF), in June 2021, the Government of India planned to invest in rural electrification and amend affordable housing schemes by 2023. This has resulted in high demands for the commodity which will propel the growth of the global portable air compressor market.
Impact of COVID-19 Pandemic on Global Portable Air Compressor Market
The COVID-19 pandemic has hindered the growth of the global portable air compressor market. Due to the lockdowns, operations of several industries including mining and construction and others came to a complete halt which declined in the growth of the global portable air compressor market. Also, the supply chain of the portable air compressor manufacturing was disturbed due to the restrictions imposed by the government, which banned international trade. However, after the relaxation of these restrictions, the global portable air compressor market is expected to make a rapid recovery and increase market growth in the upcoming years, due to rising integration of technologies within the product.
Segmental Outlook
The global portable air compressor market is segmented based on the power source, technology, lubrication, and application. Based on the power source, the market is classified as electric and gas. Based on the technology, the market is segmented into rotary which comprises of screw & scroll and reciprocating. Based on the application, the market is segmented into oil & gas, mining & energy, healthcare, manufacturing, semiconductor & electronics, building & construction, food & beverage, and others. Among the application segment, the semiconductor & electronics is projected to hold prominent share of the market and grow at a significant CAGR over the forecast period. Due to the rise in utilization and demand for oil free air compressors among the industry.
Global Portable Air Compressor Market Share, by Technology, 2020 (%)
The Rotary Screw Air Compressor Segment Holds the Considerable Share in the Global Portable air compressor Market
Based on the technology segment, rotary screw air compressor projected to hold the significant shares in the global portable air compressor market. This segmental growth is contributed to the growing trend of high-powered and energy-efficient portable air compressors for the rotary screw segment. Most of the portable rotary screw air compressors offer oil-injected modules due to the preference to rent oil-free compressors in numerous countries. Thus, the portable rotary screw air compressor will drive the growth of the portable air compressor market over the forecast period.
Regional Outlooks
The global portable air compressor market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, the Asia-Pacific regions is expected to hold prominent market share among the portable air compressor market, followed by North America and Europe. The market can be analyzed for a particular region or country level as per the requirement.
Global Portable air compressor Market Growth, by Region 2021-2027
The Asia-Pacific region Anticipated to hold the Considerable Share in the Global Portable Air Compressor Market
The Asia-Pacific region is expected to hold most of the shares in the global portable air compressor market. The dominance of the Asia-Pacific region in the global portable air compressor market can be explained by the presence of several emerging economies in the region. In the past few years, the Asia-Pacific region has seen substantial growth in industrial outputs of electronics, healthcare, construction material, and food and beverage industry. Thus, contributing to the growth of the Asia-Pacific portable air compressor market.
Market Players Outlook
The major companies serving the global portable air compressor market include Atlas Copco., Ingersoll Rand, Inc., Hitachi Industrial Equipment Systems Co., Ltd., Doosan Bobcat Inc., Kaeser Kompressoren SE, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in December 2019, two new portable air compressors, 185 series, and 375 series were launched by Sullair. These two new units have created opportunities for rental companies and independent representatives.
The Report Covers
• Market value data analysis of 2020 and forecast to 2027.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global portable air compressor market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Portable Air Compressor Market
• Recovery Scenario of Global Portable Air Compressor Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Atlas Copco
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Ingersoll Rand, Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Hitachi Industrial Equipment Systems Co., Ltd.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Key Strategy Analysis
3.5. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Portable Air Compressor Market by Power Source
4.1.1. Electric
4.1.2. Gas
4.2. Global Portable Air Compressor market by Technology
4.2.1. Rotary (Screw, Scroll)
4.2.2. Reciprocating
4.3. Global Portable Air Compressor market by Lubrication
4.3.1. Oil Free
4.3.2. Oil Filled
4.4. Global Portable Air Compressor Market by Application
4.4.1. Oil&Gas
4.4.2. Mining &Energy
4.4.3. Healthcare
4.4.4. Manufacturing
4.4.5. Semiconductor & Electronics
4.4.6. Building& Construction
4.4.7. Food & Beverage
4.4.8. Others (Home Appliances)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Doosan Bobcat Inc.
6.2. KaeserKompressoren SE
6.3. ElgiEquipments Ltd.
6.4. Rolair Systems
6.5. Suzhou Sullair Gas Equipment Co., Ltd.
6.6. Sullivan-Palatek Inc.
6.7. Hubei Teweite Power Technology Co., Ltd.
1. GLOBAL PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY POWER SOURCE, 2020-2027 ($ MILLION)
2. GLOBAL ELECTRIC PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL GAS PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2020-2027 ($ MILLION)
5. GLOBAL ROTARY PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL RECIPROCATE PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY LUBRICATION, 2020-2027 ($ MILLION)
8. GLOBAL OIL FREE PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL OIL FILLED PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
11. GLOBAL PORTABLE AIR COMPRESSOR IN OIL & GAS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL PORTABLE AIR COMPRESSOR IN MINING & ENERGY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL PORTABLE AIR COMPRESSOR IN MANUFACTURING RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
14. GLOBAL SEMICONDUCTOR & ELECTRONICS RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
15. GLOBAL PORTABLE AIR COMPRESSOR IN BUILDING& CONSTRUCTION RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
16. GLOBAL PORTABLE AIR COMPRESSOR IN FOOD & BEVERAGE RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
17. GLOBAL PORTABLE AIR COMPRESSOR IN OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
18. GLOBAL PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
19. NORTH AMERICAN PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
20. NORTH AMERICAN PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY POWER SOURCE, 2020-2027 ($ MILLION)
21. NORTH AMERICAN PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2020-2027 ($ MILLION)
22. NORTH AMERICAN PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BYLUBRICATION, 2020-2027 ($ MILLION)
23. NORTH AMERICAN PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
24. EUROPEAN PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
25. EUROPEAN PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY POWER SOURCE, 2020-2027 ($ MILLION)
26. EUROPEAN PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2020-2027 ($ MILLION)
27. EUROPEAN PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY LUBRICATION, 2020-2027 ($ MILLION)
28. EUROPEAN PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
29. ASIA-PACIFIC PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
30. ASIA-PACIFIC PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY POWER SOURCE, 2020-2027 ($ MILLION)
31. ASIA-PACIFIC PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2020-2027 ($ MILLION)
32. ASIA-PACIFIC PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY LUBRICATION, 2020-2027 ($ MILLION)
33. ASIA-PACIFIC PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
34. REST OF THE WORLD PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
35. REST OF THE WORLD PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY POWER SOURCE, 2020-2027 ($ MILLION)
36. REST OF THE WORLD PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2020-2027 ($ MILLION)
37. REST OF THE WORLD PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY LUBRICATION, 2020-2027 ($ MILLION)
38. REST OF THE WORLD PORTABLE AIR COMPRESSOR MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL PORTABLE AIR COMPRESSOR MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL PORTABLE AIR COMPRESSOR MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL PORTABLE AIR COMPRESSOR MARKET, 2021-2027 (%)
4. GLOBAL PORTABLE AIR COMPRESSOR MARKET SHARE BY POWER SOURCE, 2020 VS 2027 (%)
5. GLOBAL ELECTRIC PORTABLE AIR COMPRESSOR MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
6. GLOBAL GAS PORTABLE AIR COMPRESSOR MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL PORTABLE AIR COMPRESSOR MARKET SHARE BY TECHNOLOGY, 2020 VS 2027 (%)
8. GLOBAL ROTARY PORTABLE AIR COMPRESSOR MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
9. GLOBAL RECIPROCATING PORTABLE AIR COMPRESSOR MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
10. GLOBAL PORTABLE AIR COMPRESSOR MARKET SHARE BY LUBRICATION, 2020 VS 2027 (%)
11. GLOBAL OIL FREE PORTABLE AIR COMPRESSOR MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
12. GLOBAL OIL FILLED PORTABLE AIR COMPRESSOR MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
13. GLOBAL PORTABLE AIR COMPRESSOR MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
14. GLOBAL PORTABLE AIR COMPRESSOR IN OIL & GAS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
15. GLOBAL PORTABLE AIR COMPRESSOR IN MINING &ENERGY MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
16. GLOBAL PORTABLE AIR COMPRESSOR IN HEALTHCARE SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
17. GLOBAL PORTABLE AIR COMPRESSOR IN MANUFACTURING SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
18. GLOBAL PORTABLE AIR COMPRESSOR IN SEMICONDUCTOR & ELECTRONICS SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
19. GLOBAL PORTABLE AIR COMPRESSOR IN BUILDING & CONSTRUCTION SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
20. GLOBAL PORTABLE AIR COMPRESSOR IN FOOD & BEVERAGE SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
21. GLOBAL PORTABLE AIR COMPRESSOR IN OTHERS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
22. GLOBAL PORTABLE AIR COMPRESSOR MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
23. US PORTABLE AIR COMPRESSOR MARKET SIZE, 2020-2027 ($ MILLION)
24. CANADA PORTABLE AIR COMPRESSOR MARKET SIZE, 2020-2027 ($ MILLION)
25. UK PORTABLE AIR COMPRESSOR MARKET SIZE, 2020-2027 ($ MILLION)
26. FRANCE PORTABLE AIR COMPRESSOR MARKET SIZE, 2020-2027 ($ MILLION)