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Compressors

Compressors are mechanical equipment that increase gas pressure by reducing the volume. Pressurized gases, typically air, are used in air-powered tools, spray painting, grit & abrasive blasting, refrigerants for air conditioners & refrigerators, and pipeline gas propulsion. Compressors are available in varied ranges for both size and power ratings, starting from a small device that fits in a car glove box to large stationary industrial units that propel oil & fluids through transcontinental pipelines. Based on function, compressors are classified into positive displacement and centrifugal types. Application industries of compressors include refrigeration, air conditioning, automotive, industrial, household, healthcare, and food. The compressed air market space is entwined with ancillary products such as filters, dryers, and aftercoolers. The compressor service and rental markets are major stakeholders in the compressor space, boosting industry relevance and growth. The dynamic market scenario is influenced by environmental sustainability, decarbonization, noise reduction, cleaner fuels, emission controls, connected technologies and electrification govern compressor technology and product development. Regulatory standards, consumer preferences, customization needs, sustainability, and replacement rates also influence industry growth.

Drivers:

  • Electrification trends focusing on efficiency and higher flow rates
  • Growing need for connected technologies and integrated diagnostics
  • Environmental commitments to elevate fuel efficiency, utilization rates, and service intervention
  • Rapidly evolving market bases supported by technology innovations
  • Construction, rental & mining needs for timely and accurate information through intelligent digital solutions
  • The rapidly growing automotive and household appliance sectors

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Published: November 2022   

Industrial Air Compressor Market390 Pages

Industrial Air Compressor Market size surpassed USD 13 billion in 2022 and is estimated to expand at 7% CAGR during 2023-2032. ...

Published: November 2022   

Oil-free Air Compressor Market307 Pages

Oil-free Air Compressor Market size surpassed USD 16.5 billion in 2022 and is poised to register 5% CAGR during 2023 to 2032. ...

Published: September 2022   

Compressed Air Treatment Equipment Market430 Pages

Compressed Air Treatment Equipment Market size valued at USD 8 billion in 2021 and is anticipated to exhibit around 6% CAGR between 2022-2030. ...

Published: March 2022   

Automotive AC Compressor Market250 Pages

Automotive AC Compressor Market size crossed USD 8.45 billion in 2021 and is estimated to exhibit 4.2% CAGR between 2022 and 2028....

Published: January 2022   

North America Air Compressor Market176 Pages

North America Air Compressor Market size valued at USD 23.7 billion in 2020 and is estimated to exhibit 4.3% CAGR from 2021 to 2027....

Published: January 2022   

Hermetic Reciprocating Refrigerator Compressor Market330 Pages

Hermetic Reciprocating Refrigerator Compressor Market Size valued at USD 11.3 billion in 2020 and is expected to grow at a CAGR of over 5.9% from 2021 to 2030....

Published: December 2021   

Refrigerant Compressors Market300 Pages

Refrigerant Compressors Market size exceeded USD 61.8 billion in 2020 and will exhibit 4.8% CAGR from 2021 to 2027....

Published: September 2021   

Portable Air Compressor Market285 Pages

Portable Air Compressor Market size surpassed USD 1.42 billion in 2020 and is estimated to exhibit 7.6% CAGR from 2021 to 2027....

Published: August 2021   

Positive Displacement Gas Compressor Market250 Pages

Positive Displacement Gas Compressor Market size exceeded USD 3 billion in 2020 and is estimated to expand at over 5% CAGR between 2021 and 2027....

Published: July 2021   

Stationary Air Compressor Market200 Pages

Stationary Air Compressor Market size surpassed USD 60 billion in 2020 and is anticipated to exhibit a CAGR of around 3.8% from 2021 to 2027. ...

Published: June 2021   

Air Compressor Market380 Pages

Air Compressor Market size exceeded USD 65.91 billion in 2020 and is projected to grow at 4% CAGR from 2021 to 2027. ...

Published: June 2021   

Reciprocating Air Compressor Market320 Pages

Reciprocating Air Compressor Market size exceeded USD 33,457.6 million in 2020 and is expected to grow at 3.8% CAGR from 2021 to 2027. ...

Published: May 2021   

Compressor Oil Market320 Pages

Compressor Oil Market size was USD 5,437.5 million in 2020 and will grow at a CAGR of 2.2% from 2021 to 2027. ...

Published: September 2020   

Centrifugal Air Compressor Market220 Pages

Centrifugal Air Compressor Market size valued at USD 9.9 billion in 2019 and is estimated to exhibit over 1.5% CAGR from 2020 to 2026....

Published: May 2020   

Rotary Scroll Air Compressor Market200 Pages

Rotary Scroll Air Compressor Market size was over USD 3.9 billion in 2019 and shall witness 3% CAGR throughout the forecast timespan....

Published: April 2018   

Oil Filled Air Compressor Market270 Pages

Oil Filled Air Compressor Market size was estimated over USD 20 billion in 2017 and the industry will grow by a CAGR more than 3% up to 2024....

Published: February 2018   

HVAC Centrifugal Compressors Market220 Pages

Global HVAC Centrifugal Compressors Market size was worth over USD 900 million in 2016 and will surpass 670 thousand units by 2024....

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