North America Air Compressor Market by Type (Portable and Stationary), by Technology (Rotary Screw, Centrifugal, and Reciprocating), by Lubrication Type (Oil-Free and Oil-Injected/Flooded), by Power Rating (0-100 Kw, 101-300 Kw, 301-500 Kw, and 501 Kw & Above), by Cooling Method (Air Cooled and Water Cooled), and by Industry Vertical (Manufacturing, Construction, Oil & Gas, Healthcare, and Others) –Opportunity Analysis and Industry Forecast, 2024– 2030
The North America Air Compressor Market size was valued at USD 6.95 billion in 2023, and is predicted to reach USD 9.37 billion by 2030, at a CAGR of 3.9% from 2024 to 2030 and in terms of volume, the market size was 288 thousand units in 2023, and is projected to reach 484 thousand units by 2030, with a CAGR of 7.2% from 2024 to 2030
Infrastructure development projects in North America, covers tasks such as drilling, nailing, painting, sandblasting, and concrete spraying, are driving the demand for air compressors. Modern construction techniques and designs often require advanced pneumatic equipment and systems, necessitating the use of robust, high-capacity air compressors. Whether for large-scale infrastructure projects, commercial construction, or residential developments, air compressors are essential for powering critical operations and ensuring smooth project execution.
According to the World Bank Report 2022, the global construction industry generated around USD 27.76 trillion in revenue in 2022. This surge in the construction sector heightens the need for reliable, efficient, and technologically advanced air compressor solutions to power complex tools and machinery in North America.
However, the initial cost of air compressors, fixed with the need for regular maintenance such as filter changes, lubrication, and inspections, significantly contributes to the total cost of ownership. These financial constraints act as a restraining factor for the growth of the air compressor market. Consequently, small and medium-sized businesses often hesitate to invest in new air compressor systems or upgrade existing ones, potentially slowing market expansion.
On the contrary, the integration of IoT sensors and cloud platforms into air compressors is set to drive future growth in the air compressor market. This technological advancement enables remote monitoring, predictive maintenance, and performance optimization of compressors. IoT sensors embedded in air compressors continuously collect real-time data on critical parameters such as temperature, pressure, and energy consumption.
This data is then transmitted to cloud platforms, where advanced analytics algorithms analyse it to identify potential issues, forecast maintenance needs, and enhance compressor operations. By leveraging IoT and cloud technologies, organizations can minimize downtime, improve equipment reliability, and optimize energy usage. This will fuel the demand for intelligent air compressor solutions and stimulate market expansion in North America.
Segment Overview
The North America air compressor industry is segmented based on type, technology, lubrication type, power rating, cooling method and industry vertical.
• Based on type, the market is segmented into portable and stationary.
• Based on technology, the market is classified into rotary screw, centrifugal, and reciprocating.
• Based on the lubrication type, the market is divided into oil-free and oil-injected/flooded.
• Based on the power rating, the market is divided into 0-100 Kw, 101-300 Kw, 301-500 kw, and 501 Kw & above.
• Based on the cooling method, the market is divided into air cooled and water cooled.
• Based on industry vertical, the market is classified into manufacturing, construction, oil & gas, healthcare, and others.
Regional Analysis
The U.S. Holds the Dominant Market Share in the North America Air Compressor Market
The automotive sector in the U.S. is witnessing a notable surge in the demand for air compressors owing to their indispensable role in manufacturing processes. Air compressors drive pneumatic tools utilized in vehicle assembly, including paint sprayers and impact wrenches.
According to the Alliance for Automotive Innovation report 2024, the automotive industry supports the American economy and strengthens communities in all 50 states. It generates more than USD 1 trillion into the economy every year through the sales and servicing of autos and flows through the economy, from revenue to parts suppliers to paychecks for assembly plant workers, from income for auto-related small business to revenue for government. As the automotive sector in the country is expanding, it indicates a continuous need for efficient compressed air systems to support manufacturing processes, enhance productivity, and meet growing demand.
Furthermore, as agricultural production in the country rises it accelerate the demand for air compressor for operating pneumatic seeders, sprayers, and irrigation systems, improving efficiency and precision in farming practices.
According to the American Farm Bureau Federation report 2024, the value of agricultural production increased in U.S. rising from USD 389 billion in 2017 to USD 533 billion in 2022 that is 40% nominally and 17% adjusted for inflation. Thus, it indicates a positive outlook for the rising demand for air compressor for efficient crop handling and production.
Key Market Players
Leading players operating in the North America Air Compressor industry include:
• Atlas Copco Group
• Ingersoll-Rand PLC
• Hitachi Ltd.
• Siemens Energy AG
• Kaeser Kompressoren
• MAT Holding, Inc.
• Elgi Equipment Limited
• Sulzer Ltd.
• Mitsubishi Heavy Industries, Ltd.
• Anest Iwata
Key Benefits
• The North America air compressor market report provides a quantitative analysis of the current market and estimations through 2024-2030 that assists in identifying the prevailing market opportunities to capitalize on.
• The study comprises a deep dive analysis of the market trend including the current and future trends for depicting the prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the market is provided in the report.
• The competitive analysis of the market players along with their market share in the North America air compressor market.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.
- 1 Introduction
- 1.1 Report Description
- 1.2 Research Methodology
- 1.2.1 Secondary Research
- 1.2.2 Data Analysis Framework
- 1.2.3 Market Size Estimation
- 1.2.4 Forecasting
- 1.2.5 Primary Research And Data Validation
- 2 North America Air Compressor Market By Type
- 2.1 Overview
- 2.2 Portable
- 2.2.1 Portable Market, By Country
- 2.3 Stationary
- 2.3.1 Stationary Market, By Country
- 3 North America Air Compressor Market By Technology
- 3.1 Overview
- 3.2 Rotary Screw
- 3.2.1 Rotary Screw Market, By Country
- 3.3 Centrifugal
- 3.3.1 Centrifugal Market, By Country
- 3.4 Reciprocating
- 3.4.1 Reciprocating Market, By Country
- 4 North America Air Compressor Market By Lubrication Type
- 4.1 Overview
- 4.2 Oil-free
- 4.2.1 Oil-free Market, By Country
- 4.3 Oil-injected/Flooded
- 4.3.1 Oil-injected/Flooded Market, By Country
- 5 North America Air Compressor Market By Power Rating
- 5.1 Overview
- 5.2 0-100 Kw
- 5.2.1 0-100 Kw Market, By Country
- 5.3 101-300 Kw
- 5.3.1 101-300 Kw Market, By Country
- 5.4 301-500 Kw
- 5.4.1 301-500 Kw Market, By Country
- 5.5 501 Kw And Above
- 5.5.1 501 Kw And Above Market, By Country
- 6 North America Air Compressor Market By Cooling Method
- 6.1 Overview
- 6.2 Air Cooled
- 6.2.1 Air Cooled Market, By Country
- 6.3 Water Cooled
- 6.3.1 Water Cooled Market, By Country
- 7 North America Air Compressor Market By Industry Vertical
- 7.1 Overview
- 7.2 Manufacturing
- 7.2.1 Manufacturing Market, By Country
- 7.3 Construction
- 7.3.1 Construction Market, By Country
- 7.4 Oil And Gas
- 7.4.1 Oil And Gas Market, By Country
- 7.5 Healthcare
- 7.5.1 Healthcare Market, By Country
- 7.6 Others
- 7.6.1 Others Market, By Country
- 8 North America Air Compressor Market, By Country
- 8.1 Overview
- 8.2 United States
- 8.2.1 North America Air Compressor Market, By Type
- 8.2.2 North America Air Compressor Market, By Technology
- 8.2.3 North America Air Compressor Market, By Lubrication Type
- 8.2.4 North America Air Compressor Market, By Power Rating
- 8.2.5 North America Air Compressor Market, By Cooling Method
- 8.2.6 North America Air Compressor Market, By Industry Vertical
- 8.3 Canada
- 8.3.1 North America Air Compressor Market, By Type
- 8.3.2 North America Air Compressor Market, By Technology
- 8.3.3 North America Air Compressor Market, By Lubrication Type
- 8.3.4 North America Air Compressor Market, By Power Rating
- 8.3.5 North America Air Compressor Market, By Cooling Method
- 8.3.6 North America Air Compressor Market, By Industry Vertical
- 8.4 Mexico
- 8.4.1 North America Air Compressor Market, By Type
- 8.4.2 North America Air Compressor Market, By Technology
- 8.4.3 North America Air Compressor Market, By Lubrication Type
- 8.4.4 North America Air Compressor Market, By Power Rating
- 8.4.5 North America Air Compressor Market, By Cooling Method
- 8.4.6 North America Air Compressor Market, By Industry Vertical
- 9 Company Profiles
- 9.1 Atlas Copco Group
- 9.1.1 Company Overview
- 9.1.2 Company Snapshot
- 9.1.3 Operating Business Segments
- 9.1.4 Product Portfolio
- 9.1.5 Business Performance
- 9.1.6 Business Segments
- 9.1.7 Geographic Segments
- 9.1.8 Key Strategic Moves And Development
- 9.1.9 Primary Market Competitors
- 9.2 Ingersoll-rand Plc
- 9.2.1 Company Overview
- 9.2.2 Company Snapshot
- 9.2.3 Operating Business Segments
- 9.2.4 Product Portfolio
- 9.2.5 Business Performance
- 9.2.6 Business Segments
- 9.2.7 Geographic Segments
- 9.2.8 Key Strategic Moves And Development
- 9.2.9 Primary Market Competitors
- 9.3 Hitachi Ltd.
- 9.3.1 Company Overview
- 9.3.2 Company Snapshot
- 9.3.3 Operating Business Segments
- 9.3.4 Product Portfolio
- 9.3.5 Business Performance
- 9.3.6 Business Segments
- 9.3.7 Geographic Segments
- 9.3.8 Key Strategic Moves And Development
- 9.3.9 Primary Market Competitors
- 9.4 Siemens Energy Ag
- 9.4.1 Company Overview
- 9.4.2 Company Snapshot
- 9.4.3 Operating Business Segments
- 9.4.4 Product Portfolio
- 9.4.5 Business Performance
- 9.4.6 Business Segments
- 9.4.7 Geographic Segments
- 9.4.8 Key Strategic Moves And Development
- 9.4.9 Primary Market Competitors
- 9.5 Kaeser Kompressoren
- 9.5.1 Company Overview
- 9.5.2 Company Snapshot
- 9.5.3 Operating Business Segments
- 9.5.4 Product Portfolio
- 9.5.5 Business Performance
- 9.5.6 Business Segments
- 9.5.7 Geographic Segments
- 9.5.8 Key Strategic Moves And Development
- 9.5.9 Primary Market Competitors
- 9.6 Mat Holding, Inc.
- 9.6.1 Company Overview
- 9.6.2 Company Snapshot
- 9.6.3 Operating Business Segments
- 9.6.4 Product Portfolio
- 9.6.5 Business Performance
- 9.6.6 Business Segments
- 9.6.7 Geographic Segments
- 9.6.8 Key Strategic Moves And Development
- 9.6.9 Primary Market Competitors
- 9.7 Elgi Equipment Limited
- 9.7.1 Company Overview
- 9.7.2 Company Snapshot
- 9.7.3 Operating Business Segments
- 9.7.4 Product Portfolio
- 9.7.5 Business Performance
- 9.7.6 Business Segments
- 9.7.7 Geographic Segments
- 9.7.8 Key Strategic Moves And Development
- 9.7.9 Primary Market Competitors
- 9.8 Sulzer Ltd.
- 9.8.1 Company Overview
- 9.8.2 Company Snapshot
- 9.8.3 Operating Business Segments
- 9.8.4 Product Portfolio
- 9.8.5 Business Performance
- 9.8.6 Business Segments
- 9.8.7 Geographic Segments
- 9.8.8 Key Strategic Moves And Development
- 9.8.9 Primary Market Competitors
- 9.9 Mitsubishi Heavy Industries, Ltd.
- 9.9.1 Company Overview
- 9.9.2 Company Snapshot
- 9.9.3 Operating Business Segments
- 9.9.4 Product Portfolio
- 9.9.5 Business Performance
- 9.9.6 Business Segments
- 9.9.7 Geographic Segments
- 9.9.8 Key Strategic Moves And Development
- 9.9.9 Primary Market Competitors
- 9.10 Anest Iwata
- 9.10.1 Company Overview
- 9.10.2 Company Snapshot
- 9.10.3 Operating Business Segments
- 9.10.4 Product Portfolio
- 9.10.5 Business Performance
- 9.10.6 Business Segments
- 9.10.7 Geographic Segments
- 9.10.8 Key Strategic Moves And Development
- 9.10.9 Primary Market Competitors
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook