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According to IMARC Group’s latest report “Air Compressor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″, the global air compressor market will reach US$16.84 billion in 2021. Looking ahead, IMARC Group expects the market to reach $21.81 billion by 2027, with a growth rate (CAGR) of 4.10% between 2022 and 2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists, and anyone who plans to enter the market in any form.
Air compressor refers to a pneumatic mechanical device that uses the kinetic energy of compressed gas stored in compressed air to provide the necessary energy for various equipment and machinery. According to the principle of operation, they can be divided into piston or piston, rotary or screw and centrifugal. These air compressor models include cylinder heads, cooling jackets, oil supply valves, compressor housings, main bearings, pistons, crankshafts, intercoolers and intercoolers. They are interchangeable, easy to use, help reduce single-use waste, and provide continuous compression to ensure optimum liquid and gas supply to the chillers. As a result, air compressor models are widely used in many fields, including manufacturing, food and beverage, household appliances, oil and gas, semiconductors and electronics, healthcare, energy, and more.
The air compressor market is mainly driven by an increase in consumer electronics purchases around the world. Apart from this, another important growth driver is the growing demand for products in the food and beverage industry due to strict food safety and health regulations. Moreover, the constant modernization of rotary compressors in manufacturing plants to improve energy efficiency and operational reliability also has a positive impact on the global market. In addition, manufacturers’ preferences for high-performance portable units are changing due to their quiet and vibration-free nature, as well as the growing need of the oil and gas sector to maintain gas flow in pipelines, which is expected to drive the development of the air compressor market in the coming years.
The report studies the competitive landscape of the global Sanitary Napkins market and provides a detailed profile of the key players in the market.
Major players in the global air compressor market include: Atlas Copco AB, Bauer Compressors Inc., Berkshire Hathaway Inc., Ciasons Industrial Inc., Desran Compressor (Shanghai) Co.Ltd, Doosan Corporation, ELGi Equipments Limited, Hitachi Ltd., Ingersoll . Rand Inc. (Trane Technologies plc), Rolair Systems and Suzler Ltd.
In this report, the global Air Compressors market is segmented based on materials, applications, and regions.
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IMARC Group is a leading market research company providing management strategies and market research on a global level. We work with clients across all industries and geographies to identify their most valuable opportunities, solve their most critical challenges, and transform their businesses.
Our offerings include comprehensive market insights in the form of research reports, production cost reports, feasibility studies and advisory services. Our team includes experienced researchers and analysts from various industries dedicated to providing high quality data and insights to our clients, ranging from small and medium-sized businesses to Fortune 1000 companies.
IMARC information products include key market, scientific, economic and technological developments for leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and new processing methods are at the forefront of the company’s expertise.
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