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Industrial Air Compressor Market Analysis

  • Report ID: GMI4474
  • Published Date: Apr 2023
  • Report Format: PDF

Industrial Air Compressor Market Analysis

Rotary industrial air compressor industry size is slated to garner USD 17 billion revenues by 2032. Rotary screw air compressors are modified versions of air compressors used in manufacturing facilities, heavy-duty industrial applications, and autobody shops. Compatibility with high-power tools, high energy efficiency, less oil consumption, and longer shelf life are some of the major benefits driving demand for rotary air compressors.
 

75-500 kW industrial air compressor market will witness a 7.5% growth between 2023 and 2032. Several air compressor providers are introducing state-of-the-art systems with innovative features. In addition, Atlas Copco’s Z compressor series consists of equipment with a capacity of around 300 kW. The suite provides 100% oil-free compressed air along with enhanced reliability and energy efficiency. These air compressors have also gained traction in hospitals to aid various medical applications.
 

The industry revenues from the oil-filled lubrication segment is estimated to amass USD 16 billion by 2032. There is a growing product demand in the oil and gas industry. The oil and gas industry requires large volumes of compressed air for a range of applications, including powering pneumatic tools, operating valves and actuators, and providing air for oil and gas production processes. Industrial air compressors are ideal for the oil and gas industry because they are designed to handle large volumes of air and can operate continuously, which is necessary for many oil and gas production processes.
 

Industrial air compressor market from the manufacturing application is poised to reach USD 15 billion by 2032. Manufacturing facilities are equipment intensive and require large and small machines for streamlined operations. Air compressors are vital in manufacturing units to operate air tools on production lines and monitor other equipment. They also play a key role in adjusting roller and feed machinery, sandblasting & metal finishing, and cutting & welding activities. The advent of smart manufacturing and automation will augment the need for advanced industrial air compressors.
 

Asia Pacific industrial air compressor industry is expected to observe 8% gains during 2023-2032. The region has witnessed a dramatic surge in industrial activities due to rapid urbanization and modernization of the manufacturing sector. Favorable government policies are empowering the key players to innovate air compressor technologies from an environmental perspective.

Authors: Kiran Pulidindi, Hiralkumar Patel

Industrial Air Compressor Market Scope

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  • Base Year: 2022
  • Companies covered: 25
  • Tables & Figures: 785
  • Countries covered: 21
  • Pages: 390
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