(Trane Technologies plc), Rolair Systems and Suzler Ltd. The competitive landscape of the industry has also been examined along with the profiles of the key players being 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. Our report has categorized the market based on type, technology, lubrication method, power rating and end user. IMARC Group provides an analysis of the key trends in each sub-segment of the global air compressor market, along with forecasts at the global, regional and country level from 2022-2027. Apart from this, rapid industrialization, ongoing manufacturing and mining activities, and the extensive utilization of air compressors in the oil and gas industry to maintain the gas flow in pipelines are creating a positive outlook for the market.
#Industrial air compressor portable
Furthermore, the shifting inclination of manufacturers toward portable air compressors due to their noise and vibration-free property and large-scale integration with variable-speed systems are contributing to the market growth. Additionally, the growing environmental concerns have prompted governments of several countries to promote the uptake of air compressors over oil-based variants to mitigate noise pollution and carbon dioxide (CO 2) emissions, which is supporting the market growth.
In line with this, the rising purchase of multiple consumer electronics has facilitated the incorporation of air compressors in air conditioners (AC), refrigerants, steam turbines, and other electromechanical machines, which is acting as another growth-inducing factor.
The widespread adoption of air compressors across various sectors can be attributed to the increasing need for effective and affordable compressors to meet the energy and power demand and enhance their operational outputs. At present, it is commercially available in portable and stationary product types. Apart from this, as it is reliable, interchangeable, easy to use, and requires less maintenance, an air compressor is used in vacuum packing, spray painting, cleaning medical equipment, and tool powering applications.
It aids in reducing disposable waste and providing continuous compression to ensure adequate transportation of fluids and gases in cooling machines. It comprises a cylinder head, delivery valve, cooling water jacket, compressor casing, piston, crankshaft, inter and after coolers, and main bearings. These insights are included in the report as a major market contributor.Īn air compressor is a pneumatic, mechanical device that uses kinetic energy from the compacted gasses stored in pressurized air to provide the required amount of energy to various equipment and machinery. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. Looking forward, IMARC Group expects the market to reach US$ 21.81 Billion by 2027, exhibiting a growth rate (CAGR) of 4.10% during 2022-2027. The global air compressor market size reached US$ 16.84 Billion in 2021.
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