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Industrial Air Compressor - Market Outlook | Recent Trends and Growth Forecast 2020-2025

New research report on Industrial Air Compressor market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Industrial Air Compressor market also includes an in-depth study of the industry's competitive scenario.0

Industrial Air Compressor Market is expected to surpass USD 24 billion by 2026. Increase in manufacturing activities in most of the developing economies will bolster the overall industry size.

- Rising usage of pneumatic equipment such as actuators, robotic arms, automated assembly lines, etc. will influence product demand

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- Growth in manufacturing industry in developing economies will primarily boost the industrial air compressor industry by 2026

Industrial Air Compressor - Market Outlook | Recent Trends and Growth Forecast 2020-2025
Industrial Air Compressor - Market Outlook | Recent Trends and Growth Forecast 2020-2025

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- Moderately fragmented market with a significant number of dominant manufactures across the world. The key players in the industry include Ingersoll Rand, Gardner Denver, Elgi Compressors, Emerson Climate Technologies, and Quincy Compressor

- Upsurge in demand for compressed air in several end-use applications will create opportunities for product penetration in various sectors

Manufacturing sector growth in Asian region will boost the industrial air compressor market as the product are widely used in industries including steel fabrication, heavy engineering products, automotive production, energy & mining, food & beverage, pharma, etc. Asia Pacific region has witnessed a strong industrial development in the last decades, accounting for around 40% of the global output in 2018. Manufacturing, construction, and mining activities have witnessed an upward growth over the last decade. Stringent emission norms will be a key hindrance for the growth of the industrial air compressor market in the upcoming years.

Based on lubrication, the oil filled industrial air compressor segment will be valued at more than USD 10 billion by 2026. Manufacturing sector growth will have a significant impact on the oil filled compressors due to its minimal cost and rough application advantages over oil free types. Oil filled industrial air compressors have their applications in power plants including nuclear, thermal and hydroelectric plants. The oil filled industrial air compressors are mostly employed in mining, drilling and quarrying activities to power pneumatic drilling equipment.

Based on technology, the market is classified into rotary, reciprocating and centrifugal air compressors. Here, rotary air compressors is the largest and the fastest growing technology, that accounted for more than 55% market in 2018 and is likely to expand with the substantial rate by 2026. This is because they are good energy conservers and generates lesser heat than that of other air compressors. In addition to this, rotary air compressor consumes less oil in comparison to other types in the segment which in turn will drive their growth in the near term.

Hitachi, Quincy Compressor, Sullivan-Palatek, Rolair Systems, Gardner Denver, Atlas Copco, Elgi Compressors, Sullair, Kaeser Kompressoren, Ingersoll-Rand, Bauer Compressors, Aerzener, Ciasons Industrial, Heyner, Mat Holdings, and Doosan Portable Power are the prominent players in the industrial air compressor industry. Market leaders such as Atlas Copco, Gardner Denver, Ingersoll Rand, etc. have a strong global presence with several subsidiaries and joint ventures located across the world.

Major Highlights from Table of contents are listed below for quick lookup into Industrial Air Compressor Market report

Chapter 1. Competitive Landscape

  • Company market share
  • Industrial Air Compressor Market Competitive analysis of key market players
  • Competitive analysis of other prominent vendors

Chapter 2. Company Profiles

  • Business Overview
  • Financial Data
  • Product portfolio
  • Strategic Outlook
  • SWOT Analysis

Chapter 3. Methodology & Scope

  • Methodology
  • Initial data exploration
  • Industrial Air Compressor Market Statistical model and forecast
  • Industry insights and validation
  • Industrial Air Compressor Market Scope
  • Definition
  • Methodology and forecast parameters
  • Data Sources

Chapter 4. Executive Summary

  • Industrial Air Compressor industry 360º synopsis - 2025
  • Industrial Air Compressor Business trends
  • Region trends

Chapter 5. Industrial Air Compressor industry Insights

  • Industrial Air Compressor Industry segmentation
  • Industry landscape 2025
  • Industry Pitfalls and Challenges
  • Threat of new entrants
  • Threat of substitutes
  • Industrial Air Compressor Market Growth potential analysis

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