Recent Advancements Propel Global Industrial Air Compressor Market Growth

Global industrial air compressor market is anticipated to grow at a CAGR of 7.8% during the forecast period (2024-2031). The global industrial air compressor market is essential for numerous industries, including manufacturing, oil and gas, energy, food and beverage, pharmaceuticals, construction, chemicals, textiles, transportation, HVAC (Heating, Ventilation, and Air Conditioning) systems, and mining. Air compressors are used to power tools, drive automation, provide cooling and ventilation, and support power plants and renewable energy projects. Additionally, they help maintain air quality and control dust, particularly in textile production. Overall, industrial air compressors are crucial for diverse applications across multiple sectors.

Browse the full report description of “Industrial Air Compressor Market Size, Share & Trends Analysis Report by Product Type (Axial Compressor, Centrifugal Compressors, Positive Displacement, Rotary Compressors, and Reciprocating Compressors), by Application (Energy & Power Generation, Food & Beverage, Oil & Gas, Manufacturing, Chemical & Petrochemicals, and Others) and by Output Power (0kw-50kw, 50kw-250kw, 250kw-500kw, and Above 500kw) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/industrial-air-compressor-market-size

Recent Market Developments

• In March 2024, Atlas Copco introduced GA and GA+ fixed-speed smart industrial air compressors, aiming to revolutionize the mid-size, fixed-speed market. The models offer intelligent performance, energy savings, reliability, and connectivity, with advanced features such as SMARTLINK, Smart Temperature Control System, and Smart Unload algorithm.

• In June 2022, BOGE introduced a new screw compressor with direct drive and 90kW output for food & beverages and other industries. The oil-lubricated screw compressor is now available for 90kW power requirements. The S 91-4, the most efficient screw compressor in the series, offers free air delivery at low specific power consumption compared to competitors.

• In February 2021, Chicago Pneumatic India introduced two new permanent magnet motor compressors, the CPMV and CPVS range, with proven energy-saving technology. The compressors offer increased reliability, maintenance-free operation, and energy savings of up to 45.0%. It is designed to enhance productivity, reduce energy consumption, and provide higher uptime and reliability.

Market Coverage

• The market number available for – 2023-2031

• Base year- 2023

• Forecast period- 2024-2031

• Segment Covered- 

o By Product Type

o By Application

o By End-User

• Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

• Competitive Landscape - Atlas Copco AB, Ingersoll Rand Inc., Hitachi Industrial Products, Ltd., KAESER KOMPRESSOREN SE, and Siemens Energy among others.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Industrial Air Compressor Market Report Segment

By Product Type

• Axial Compressor 
• Centrifugal Compressors
• Positive displacement
• Rotary Compressors
• Reciprocating Compressors

By Verticals

• Energy & Power Generation
• Food & beverage
• Oil and Gas
• Manufacturing
• Chemical & petrochemicals
• Others (Construction, and Textiles)

By Output Power

• 0kw-50kw
• 50kw-250kw
• 250kw-500kw
• Above 500kw

Global Industrial Air Compressor Market Report Segment by Region

North America

• United States

• Canada 

Europe

• UK

• Germany

• Italy

• Spain

• France

• Rest of Europe 

Asia-Pacific

• China

• India

• Japan

• South Korea

• Rest of Asia-Pacific 

Rest of the World

• Latin America 

• Middle East & Africa

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