Africa Stationary Electric Compressors Market Size, Share & Trends Analysis Report By Technology (Reciprocating, Centrifugal), By Lubrication (Oil Free, Oil Filled), By End-use (Construction, Mining), By Region, And Segment Forecasts, 2023 - 2030

Africa Stationary Electric Compressors Market Size, Share & Trends Analysis Report By Technology (Reciprocating, Centrifugal), By Lubrication (Oil Free, Oil Filled), By End-use (Construction, Mining), By Region, And Segment Forecasts, 2023 - 2030

Africa Stationary Electric Compressors Market Growth & Trends

The Africa stationary electric compressors market size is anticipated to reach USD 551.1 million by 2030, expanding at a CAGR of 3.5% during the forecast period, according to a new report by Grand View Research, Inc. The growth is anticipated to be driven by growing demand from end-use industries such as mining, construction, water well drilling, oil & gas, rental, manufacturing, and others. For instance, KAESER provides stationary electric compressors for bulk material transport in a variety of industries. Moreover, stationary reciprocating compressors provide remarkable adaptability and high pressures and flow rates for industrial applications.

The market demand is expected to expand mainly owing to the cost efficiency of stationary electric compressors. These compressors cost 2-4 times less to operate & maintain as compared to portable, and diesel compressors of similar capacity. This distinction can have a significant financial impact on high-volume stationary electric compressors used in environments such as manufacturing plants, where continuous consumption of these, necessitates a significant amount of energy.

Furthermore, stationary electric compressors are eco-friendly, produce less noise, and are exhaust free as compared to their diesel counterparts. Owing to these benefits, stationary electric compressors are the more suitable option for indoor operation and the environment as well. These aforementioned factors are expected to propel the demand over the forecast period.

Moreover, reciprocating stationary electric compressors are expected to show lucrative growth opportunities as these compressors have durable cast iron construction, provide maximum power & flexibility, ease of operation, reliable operation, advanced safety features, and others.

Manufacturers of stationary electric compressors are looking for collaborations, mergers, and acquisitions to produce sophisticated and creative solutions. Furthermore, manufacturers are implementing a variety of methods, such as new product development and global growth, to increase market penetration and serve end-use industries.

For instance, in November 2021, with operating expenses down to 50% as compared to diesel alternatives, Atlas Copco's e-air compressed air was delivered with a flow range of 37 m3/min to 3 m3/min. The objective of this initiative was to increase the company's line of electric equipment, particularly its stationary electric compressors, in response to the demand for carbon-neutral products.

Africa Stationary Electric Compressors Market Report Highlights

• The reciprocating technology segment accounted for 18.6% of the revenue share in 2022 as reciprocal compressors are frequently employed in the chemical, oil, and gas sectors for reliably transporting compressible fluids
• The demand for oil free lubrication segment accounted for 32.2% of the revenue share in 2022 owing to benefits such as cost-efficiency and high-quality air as these use efficient technologies such as screw, tooth, centrifugal, reciprocating, and scroll
• The construction application segment accounted for 6.8% of the revenue share in 2022. These compressors are regarded as the most efficient sources for bulk drilling, handling, and lifting tasks in the construction sector, thereby driving market expansion
• Zambia accounted for 2.4% of the revenue share in 2022. According to International Trade Administration, Zambia is a mining powerhouse and is one of the largest copper producers in South Africa. Stationery electric compressors are widely used in the mining industry, therefore the growing mining industry in Zambia coupled with the increasing use of stationery electric compressors in the mining industry is expected to fuel the market expansion
• For instance, Valcomp Compressor Oil Synth 68 was introduced by Valvoline. The novel solution is created with Ashless Zinc free additives that lengthen the drain interval in stationary electric compressors by up to 8,000 hours and fulfills the demanding DIN 51506 VDL & ISO 6743-3A-DAB & DAJ standards

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