U.S. Air Compressed Equipment Market Size - By Component (Compressor, Treatment Equipment, Distribution System), End-use (Manufacturing, Pharmaceuticals, Food & Beverage, Oil & Gas, Construction & Mining, Energy & Chemical, Automotive) & Forecast, 2024- 2

U.S. Air Compressed Equipment Market Size - By Component (Compressor, Treatment Equipment, Distribution System), End-use (Manufacturing, Pharmaceuticals, Food & Beverage, Oil & Gas, Construction & Mining, Energy & Chemical, Automotive) & Forecast, 2024- 2032

U.S. Air Compressed Equipment Market size is projected to expand at 6% CAGR from 2024 to 2032. The expanding manufacturing and construction sectors are increasing the demand for compressed air systems for various applications, such as powering pneumatic tools and equipment. The growing adoption of energy-efficient compressed air systems to reduce operational costs and environmental impacts is escalating the product demand in the region.

Rapid technology advancements, including the development of smart and connected compressed air systems, are further enhancing the efficiency and reliability of the equipment. For instance, in March 2023, ELGi North America (ELGi) unveiled its latest product, the GP35FP portable compressor, at the CONEXPO-CON/AGG 2023 event at the Las Vegas Convention Center. Additionally, the increasing investments in infrastructure development and industrial automation will further increase the product appeal, as these sectors heavily rely on compressed air systems for their operations.

The U.S. air compressed equipment industry is segregated into component and end-use.

Based on component, the market value from the centrifugal compressors segment is estimated to rise at over 5% CAGR between 2024 and 2032. The growth can be attributed to the increasing demand for high-capacity compressed air systems in industries, such as oil and gas, petrochemicals, and power generation. Additionally, the superior energy efficiency and reliability offered by centrifugal compressors compared to other compressor types is increasing their appeal. Furthermore, the rising advancements in centrifugal compressor technology, such as variable speed drives and improved rotor designs, to enhance performance and operational flexibility will drive the product demand.

U.S. air compressed equipment market share from the pharmaceuticals end-use segment is projected to depict over 10% CAGR through 2032. This is on account of the stringent regulations requiring high-quality compressed air for pharmaceutical manufacturing processes. The rising need for clean and contaminant-free compressed air to ensure product safety and compliance is fueling the product adoption. The growing advancements in compressed air technologies, such as oil-free compressors and filtration systems, is helping cater to specific requirements of pharmaceutical facilities. The increasing focus on automation and efficiency in pharmaceutical manufacturing will further drive the adoption of compressed air systems in pharmaceutical settings.