Industrial Air Compressor Market 2024-2028
The industrial air compressor market is forecasted to grow by USD 9.68 bn during 2023-2028, accelerating at a CAGR of 5.06% during the forecast period. The report on the industrial air compressor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of industrial air compressors in various industries, increasing launches of new industrial air compressors, and increasing geographic expansion by market vendors.
Technavio's industrial air compressor market is segmented as below:
By End-user
- Chemicals and petrochemicals
- Food and beverages
- Pharmaceuticals
- Construction
- Others
By Type
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing need for energy-efficient industrial air compressor systems as one of the prime reasons driving the industrial air compressor market growth during the next few years. Also, technological developments in industrial air compressors and increasing strategic alliances among market vendors will lead to sizable demand in the market.
The report on the industrial air compressor market covers the following areas:
- Industrial air compressor market sizing
- Industrial air compressor market forecast
- Industrial air compressor market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial air compressor market vendors that include Atlas Copco AB, Baker Hughes Co., BOGE KOMPRESSOREN GmbH and Co. KG, Chart Industries Inc., Coaire Inc., Danfoss AS, Doosan Corp., Elgi Equipments Ltd, EMAX Compressor, Fusheng Precision Co. Ltd., Hitachi Ltd., Ingersoll Rand Inc., KAESER KOMPRESSOREN SE, Kirloskar Pneumatic Co. Ltd., Kobe Steel Ltd., MAT Holdings Inc., Mitsubishi Heavy Industries Ltd., NICE COMPRESSORS CO., Siemens AG, and Sulzer Management Ltd.. Also, the industrial air compressor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.