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Pulished Date April, 2021
ID: 11464
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Air Compressor Market segmentation by Type (portable, stationary) By Technology (Reciprocating, Rotary, Centrifugal) By Lubrication method (oiled, oil-free) by Power Rating (1- 100 Kw, 101-300 Kw, 301- 500 Kw, 501 Kw, and above) By End User Industry (food and beverage, oil and gas, manufacturing, medical, power generation, others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2026.

Pulished: April, 2021
ID: 11464
Pages: 175

Air Compressor Market Size, Trends & Growth (2021 - 2026)

An air compressor is a machine that uses energy and converts it into energy that can be stored in compressed air and used later. Air compressors will find widespread adoption in commercial, manufacturing, healthcare, and appliance applications.

Rapid industrialization in emerging economies, investments to improve cross-border oil and gas pipeline networks, growing demand for advanced and energy-efficient air compressors, and rapid industrialization in growing economies such as India, Saudi Arabia, the United Arab Emirates, South Africa, and Brazil are the market drivers for industrial air compressors.

Recent Developments:

  • Ingersoll Rand, a world leader in compressed air and gas systems and services, power tools, fluid handling, and management equipment, introduced the new RS30 and RS37 models, the first in a series of oil-flooded rotary screws air compressors new generation.
  • Kobe Steel, Ltd. announces that it has begun shipping new models in the Emeraude-ALE series of standard oil-free air compressors starting this month. The new compressors have achieved the highest energy efficiency class in the world and one of the lowest noise levels during operation. In addition to Japan, the same models of this global strategic product will be manufactured at overseas sites for sale in global markets.

Drivers and Restraints of Air Compressor Market:


The proliferation of GDP and the improvement in the standard of living of the population, together with the increasing number of people residing in the middle and upper-income groups around the world, are contributing to the increase in demand for residential refrigeration devices. Furthermore, the growing trend of industrial manufacturers towards plant automation is attributed to increased productivity and reduced production times. Incorporating pneumatic systems that offer increased operational feasibility and profitability for machine automation will significantly boost product sales during the forecast period.


However, global pandemic situations such as the coronavirus outbreak will hamper production rates and demand in various end-user industries, further restricting the size of the market.

Air Compressor Market Segmentation:

By Type

  • Portable
  • Stationary

The portable compressor segment accounted for more than 40% of the total revenue share in 2018 and is expected to continue growing at the highest CAGR over the forecast period. Portable products are commonly used in construction and mining activities. They are a reliable source of power for tools and machines in the construction industry and for many other industrial applications. In addition, they are easy to handle and require less maintenance, which has also resulted in their demand for low-load applications.

By Technology

  • Reciprocating
  • Rotary
  • Centrifugal

The centrifugal segment is expected to record the highest CAGR during the forecast period. Centrifugal systems are energy efficient and have fewer parts that come into contact with each other causing kinetic friction and greater airflow compared to other products. They find applications in various industries, including food processing, gas turbines, oil refineries, petrochemical, and chemical plants.

By Lubrication Method

  • Oiled
  • Oil-free

Oil-free systems are experiencing increasing demand due to increasing government attention to environmental safety and the implementation of new regulations to reduce emissions. Additionally, rapid industrialization and growth in the semiconductor, food processing, and manufacturing sectors are driving demand. In the semiconductor and electronics industries, these products provide pressurized air for use in automatic control systems to remove fine dust from measuring instruments and liquid crystal display surfaces.

By Power Rating

  • 0-100 kW
  • 101-300 kW
  • 301-500 kW
  • 501 kW & above

By End-User Industry

  • Food & Beverage
  • Oil & Gas
  • Manufacturing
  • Medical
  • Power Generation
  • Others

The home appliances segment is expected to grow at a CAGR of 3.1% during the study period due to the increasing adoption of residential air conditioners and refrigerators. Improved consumer spending coupled with the availability of next-generation refrigeration equipment at profitable prices will significantly increase the size of the segment. The proliferation of urbanization, the growth of the regional population, and the increasing demand for green buildings with comfortable surroundings will further contribute to the growth of the market.

Air Compressor Market Region wise analysis:

Marked Segmentation based on the region:

  1. North America
    1. U.S
    2. Canada

The air compressor market in North America will account for more than 15% volume share in 2019. The strong presence of cold storage, food processing plants and packaged food industries contributes greatly to the increase in demand for products. Increased production and sales of electric vehicles, as well as growing demand for energy efficient cooling devices, will increase regional share during the forecast period.

  1. Europe
    1. Norway
    2. Germany
    3. Sweden

The North American and European markets are expected to experience comparatively slow growth. However, increased investment in the Eastern European region is expected to stimulate demand for industrial compressors. Additionally, several relaunched projects in the recovering economies of this region are stimulating demand for centrifugal compressors.

  1. Asia Pacific
    1. China
    2. India
    3. Japan

The Asia-Pacific region accounted for more than 31% of the air compressor market share in 2018 due to increased spending on industrialization and infrastructure development. The market is driven by demand for various applications, such as the home appliance, manufacturing, food and beverage, and oil and gas industries. The presence of several screw compressor manufacturers in China and India and a large industrial base for semiconductor and electronic product manufacturing in China and Taiwan are expected to further boost the market. The demand for low power output compressors is increasing in the semiconductor and electronics industry to process delicate electronic components and printed circuit boards. Therefore, the growing number of electronics manufacturing facilities in the APAC region is driving market growth.

  1. Latin America
    1. Brazil
    2. Mexico
    3. Argentina
  2. Middle East and Africa

a. Middle East

b. Africa

Key Players of Market:

  • Atlas Copco AB
  • Kobe Steel Ltd.
  • Elgi Equipments Limited   
  • Ingersoll-Rand PLC
  • Kirloskar Pneumatic Company Limited
  • Mitsubishi Heavy Industries Ltd.
  • Suzler Ltd.
  • Ebara Corporations
  • Porter Cable
  • VMAC Global Technology Inc.
  • Campbell Hausfled
  • Doosan Infracore Portable Power


Manufacturing industries around the world imported compressors and their components from China for HVAC and other critical units used in compressors. However, due to the COVID-19 outbreak, Chinese vendors have closed their factories, temporarily suspending production facilities. As the number of COVID-19 cases has decreased in China, suppliers with manufacturing plants in the region have increased component prices by almost 2-3%, due to shortages due to the plant closure. Thus, it affected the entire supply chain of China. The spread of COVID-19 has also led to innovations in the compressor segment, and suppliers have increased production to meet the sudden increase in demand. For example, Ingersoll Rand, through its new acquisition, supplied fans to London in March 2020. The COVID-19 pandemic has adversely affected the global market for industrial air compressors due to lockdowns imposed in most countries in the world since March 2020, one of the key components of heavy assembly lines in many industrial verticals. Industrial air compressors find applications in the oil and gas and petrochemical industries, as well as in simple spray guns used in the automotive industry. It is also used in the textile, chemical and manufacturing industries.

1. Introduction                            

          1.1 Market Definition                  

          1.2 Scope of the report               

          1.3 Study Assumptions               

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                      

          2.1 Analysis Design          

          2.2 Research Phases                   

                    2.2.1 Secondary Research 

                    2.2.2 Primary Research     

                    2.2.3 Data Modelling        

                    2.2.4 Expert Validation     

          2.3 Study Timeline            

3. Report Overview                     

          3.1 Executive Summary               

          3.2 Key Inferencees          

4. Market Dynamics                    

          4.1 Impact Analysis           

                    4.1.1 Drivers

                    4.1.2 Restaints       

                    4.1.3 Opportunities 

          4.2 Regulatory Environment                  

          4.3 Technology Timeline & Recent Trends                  

5. Competitor Benchmarking Analysis                        

          5.1 Key Player Benchmarking                 

                    5.1.1 Market share analysis         

                    5.1.2 Products/Service      

                    5.1.3 Regional Presence    

          5.2 Mergers & Acquistion Landscape               

          5.3 Joint Ventures & Collaborations                 

6. Market Segmentation                        

          6.1 Air Compressor Market, By Type                

                    6.1.1 portable        

                    6.1.2 stationary      

                    6.1.3 Market Size Estimations & Forecasts (2021-2026)        

                    6.1.4 Y-o-Y Growth Rate Analysis         

                    6.1.5 Market Attractiveness Index         

          6.2 Air Compressor Market, By Technology               

                    6.2.1 Reciprocating 

                    6.2.2 Rotary 

                    6.2.3 Centrifugal    

                    6.2.4 Market Size Estimations & Forecasts (2021-2026)        

                    6.2.5 Y-o-Y Growth Rate Analysis         

                    6.2.6 Market Attractiveness Index         

          6.3 Air Compressor Market, By Lubrication Method              

                    6.3.1 oiled   

                    6.3.2 oil-free

                    6.3.3 Market Size Estimations & Forecasts (2021-2026)        

                    6.3.4 Y-o-Y Growth Rate Analysis         

                    6.3.5 Market Attractiveness Index         

          6.4 Air Compressor Market, By Power Rating              

                    6.4.1 1- 100 Kw     

                    6.4.2 101-300 Kw  

                    6.4.3 301- 500 Kw 

                    6.4.4 501 Kw, and above  

                    6.4.5 Market Size Estimations & Forecasts (2021-2026)        

                    6.4.6 Y-o-Y Growth Rate Analysis         

                    6.4.7 Market Attractiveness Index         

          6.5 Air Compressor Market, By End User Industry                 

                    6.5.1 food and beverage   

                    6.5.2 oil and gas    

                    6.5.3 manufacturing         

                    6.5.4 medical         

                    6.5.5 power generation     

                    6.5.6 Market Size Estimations & Forecasts (2021-2026)        

                    6.5.7 Y-o-Y Growth Rate Analysis         

                    6.5.8 Market Attractiveness Index         

7. Geographical Landscape                    

          7.1 Global Identity Governance and Administration Market, by Region                   

          7.2 North America - Market Analysis (2018 - 2024)             

                    7.2.1 By Country     



                    7.2.2 By Type         

                    7.2.3 By Technology         

                    7.2.4 By Lubrication Method       

                    7.2.5 By Power Rating       

                    7.2.6 By End User Industry

          7.3 Europe             

                    7.3.1 By Country     






                     Rest of Europe

                    7.3.2 By Type         

                    7.3.3 By Technology         

                    7.3.4 By Lubrication Method       

                    7.3.5 By Power Rating       

                    7.3.6 By End User Industry

          7.4 Asia Pacific                 

                    7.4.1 By Country     




                     South Korea

                     South East Asia

                     Australia & NZ

                     Rest of Asia-Pacific

                    7.4.2 By Type         

                    7.4.3 By Technology         

                    7.4.4 By Lubrication Method       

                    7.4.5 By Power Rating       

                    7.4.6 By End User Industry

          7.5 Latin America             

                    7.5.1 By Country     




                     Rest of Latin America

                    7.5.2 By Type         

                    7.5.3 By Technology         

                    7.5.4 By Lubrication Method       

                    7.5.5 By Power Rating       

                    7.5.6 By End User Industry

          7.6 Middle East and Africa          

                    7.6.1 By Country     

                     Middle East


                    7.6.2 By Type         

                    7.6.3 By Technology         

                    7.6.4 By Lubrication Method       

                    7.6.5 By Power Rating       

                    7.6.6 By End User Industry

8. Key Player Analysis                           

          8.1 Atlas Copco AB           

                    8.1.1 Business Description

                    8.1.2 Products/Service      

                    8.1.3 Financials      

                    8.1.4 SWOT Analysis         

                    8.1.5 Recent Developments         

                    8.1.6 Analyst Overview      

          8.2 Kobe Steel Ltd.           

          8.3 Elgi Equipments Limited                  

          8.4 Ingersoll-Rand PLC               

          8.5 Kirloskar Pneumatic Company Limited                 

          8.6 Mitsubishi Heavy Industries Ltd.                

          8.7 Suzler Ltd.                 

          8.8 Ebara Corporations               

          8.9 Porter Cable               

9. Market Outlook & Investment Opportunities                     


          List of Tables          

          List of Figures                  

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of by type, by application, by end-user, along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Air Compressor Market By Region, From 2021-2026 ( USD Billion )
  2. Global Air Compressor Market By Type, From 2021-2026 ( USD Billion )
  3. Global portable Market By Region, From 2021-2026 ( USD Billion )
  4. Global stationary Market By Region, From 2021-2026 ( USD Billion )
  5. Global Air Compressor Market By Technology, From 2021-2026 ( USD Billion )
  6. Global Reciprocating Market By Region, From 2021-2026 ( USD Billion )
  7. Global Rotary Market By Region, From 2021-2026 ( USD Billion )
  8. Global Centrifugal Market By Region, From 2021-2026 ( USD Billion )
  9. Global Air Compressor Market By Lubrication Method, From 2021-2026 ( USD Billion )
  10. Global oiled Market By Region, From 2021-2026 ( USD Billion )
  11. Global oil-free Market By Region, From 2021-2026 ( USD Billion )
  12. Global Air Compressor Market By Power Rating, From 2021-2026 ( USD Billion )
  13. Global 1- 100 Kw Market By Region, From 2021-2026 ( USD Billion )
  14. Global 101-300 Kw Market By Region, From 2021-2026 ( USD Billion )
  15. Global 301- 500 Kw Market By Region, From 2021-2026 ( USD Billion )
  16. Global 501 Kw, and above Market By Region, From 2021-2026 ( USD Billion )
  17. Global Air Compressor Market By End User Industry, From 2021-2026 ( USD Billion )
  18. Global food and beverage Market By Region, From 2021-2026 ( USD Billion )
  19. Global oil and gas Market By Region, From 2021-2026 ( USD Billion )
  20. Global manufacturing Market By Region, From 2021-2026 ( USD Billion )
  21. Global medical Market By Region, From 2021-2026 ( USD Billion )
  22. Global power generation Market By Region, From 2021-2026 ( USD Billion )

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