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China Air Compressor Market Size, COVID-19 Impact Analysis, Regional Outlook, Application Development, Price Trend, Competitive Market Share & Forecast, 2022 – 2028

  • Report ID: GMI345

China Air Compressor Market size witness substantial progression between 2022 to 2028 on account of the higher adoption of remote sensing technologies along with the rising government support towards the industrial sector. The thriving requirement for electricity has given way to the rise in the count of power plants, complementing the increased adoption of compressors in the power industry. The jump in the number of onshore exploration projects is another vital trend impacting the market growth.
 

Air compressors operate with the help of gasoline or diesel engines, and electric motors, and are mainly used for converting power into potential energy that is then stored in compressed air. The steady economic growth along with the escalating investments in fixed assets across the equipment production industry has led to the rapid strides in the mining & power industries across China. The growing number of government initiatives, including “Made in China, 2025”, and the surging number of investments across the oil & gas sector will drive the market progression.
 

Based on products, the stationary China air compressor market will expand with the significant advances in the manufacturing sector and the rising number of nuclear plants. These compressors record higher utility across the industrial manufacturing, cement, food & beverage, automotive, air conditioning, and refrigeration (HVAC-R), heating and ventilation, power, and the oil & gas verticals. The surge in the number of investments across the chemical industry will also add an edge to the segment growth.
 

With regards to design, the demand for screw China air compressor market will exceed through 2028 due to rising preference over piston compressors considering their higher energy efficiency, lower noise and vibration, as well as less space. They also consume minimum energy and offer more reliability. These compressors can continue operating without stopping hours considering the presence of a fan and radiator cooling oil and air. In addition, the growing adoption of improved compressors will favor segment expansion.
 

On the basis of application, the regional market size from the food & beverage sector will expand with growing utility as a clean and efficient tool for processing and packaging purposes. Air compressors are not only used for peeling vegetables and consistently filling pastries but can also streamline food and beverage production for enhancing productivity and reducing waste. The increasing penetration of contact and non-contact compressors to cater to various applications in the food and beverage industry, like production chains, packaging and cleaning will favor the market expansion.
 

Prominent China air compressor market are implementing inorganic collaborative strategies, like acquisitions, and partnerships, along with focusing on capacity expansions and new product launches to gain competitive advantages.
 

For instance, in December 2022, a well-known air and gas product firm, acquired Compressor Products International (“CPI”). This move helped CPI to access growth opportunities and leverage the former’s existing global distribution as well as services networks in China.
 

Some other regional product suppliers include BelAire Compressors, Kaeser Compressors, Gardner Denver, Bauer Group, Hitachi Industrial Equipment (Hitachi), Frank Technologies, Cook Compression, VMAC Company, Atlas Copco, AireTex Compressors, Oasis Manufacturing, Gast Manufacturing, Zen Air Tech, Galaxy Auto Service Equipment, Ingersoll Rand, MAT Industries (BLACK+DECKER, Stanley Black & Decker), Rolair Systems, Grainger Company, Hoerbiger, GE Energy, Parker, Vanair, Heyner, and Sullair (Hitachi, Sullair US Purchaser, Inc.).
 

Effect of the COVID-19 outbreak on China air compressor market trends

The COVID-19 crisis dramatically hampered the global economy as it gave rise to unprecedented challenges across the industrial and commercial spectrum. Its effects were massively felt on the air compressor business in China owing to the rapidly escalating infection count in the region, which brought the regulation of stringent lockdowns and disrupted supply chains. However, with the gradual easing of these bottlenecks, the market forecast is picking considerable steam in the country.
 

What Information does this report contain?

Historical data coverage: 2017 to 2021; Growth Projections: 2022 to 2028.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

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