Sweden 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),

Sweden 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

Sweden Air Compressor Market size was valued at USD 400.2 million in 2023, and is predicted to reach USD 525.6 million by 2030, at a CAGR of 3.5% from 2024 to 2030 and in terms of volume, the market size was 9 thousand units in 2023, and is projected to reach 15 thousand units by 2030, with a CAGR of 6.7% from 2024 to 2030

The presence of prominent players such as ELGi Equipment Ltd, Atlas Copco, and Sauer Compressor in Sweden contributes significantly to the increased demand for air compressors, employing various strategies such as product launches.

For example, in May 2022, ELGi Equipments Limited unveiled two new ranges of air compressors tailored to meet the compressed air needs of sectors such as manufacturing, metalworking, food & beverage, and pharmaceuticals in Gothenburg, Sweden.

These new ranges, including the EG Series and EPG Series, deliver improved efficiency and performance across a spectrum of industrial applications. The introduction of such innovative air compressors influences the industrial sectors' purchasing decisions, compelling them to adopt these advanced systems to stay aligned with evolving industry requirements.

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 Sweden.

Segment Overview

Sweden 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.

Key Market Players

Leading players operating in Sweden 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
• Sweden 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 Sweden 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.