Report Code: CMI20241

Category: Machinery & Equipment

Report Snapshot

CAGR: 7%
34B
2021
37B
2022
63B
2030

Source: CMI

Study Period: 2025-2034
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • Ariel Corporation
  • IHI Corporation Ltd
  • Howden Group Ltd.
  • Kaeser Kompressoren Co. Ltd.
  • Others

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Reports Description

According to Custom Market Insights (CMI), The Global Industrial Air Compressor Market size was estimated at USD 34 Billion in 2021 and is expected to reach USD 37 billion in 2022 and is anticipated to reach around USD 63 Billion by 2030, growing at CAGR of roughly 7% between 2022 and 2030.  

Our research report offers a 360-degree view of the Industrial Air Compressor market’s drivers and restraints, coupled with their impact on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Industrial Air Compressor market.

  • An industrial air compressor is a device that uses an electric motor, diesel engine, or gasoline engine to convert power into stored potential energy in the form of pressured air. Increases in the petrochemical, oil and gas, agricultural, transportation, and automotive industries globally, as well as increased government support for developing industrial compressor technology, are some important reasons that significantly speed up market expansion.
  • Power conversion devices that transform power into potential energy and store it as pressured air are included with industrial air compressors. This pressured air is used to compress gas for various purposes, including transportation, cutting, welding, packing, cooling, freezing, and powering pneumatic instruments. 
  • Therefore, air compressors are progressively being implemented in various sectors. The development of cross-border pipeline networks, the rising need for energy-efficient air compressors, and quick industrialization in developing economies like India, China, Saudi Arabia, the United Arab Emirates, South Africa, and Brazil are all fueled by infrastructure investments. To stop the spread of the COVID-19 illness, governments worldwide established stringent lockdowns in 2020. As a result, the market for air compressors was adversely affected, with sales and earnings sharply declining.
  • Utilizing air compressors has many benefits, one of which is safety. They can tolerate extreme temperatures and provide simplicity and security by using air as energy instead of other energy sources. In contrast to equipment that uses electricity, handling electrical equipment carries no risk of electric shock to users, and in the workplace, team safety is always crucial.

Report Scope

The study focuses on Industrial Air Compressor market analysis on a global scale, and market sizing includes the income generated by these solutions provided by different market players. To support the market projections and growth rates over the anticipated 2025-2034, the study monitors essential market factors, underlying growth influencers, and significant vendors active in the sector. The study also examines how COVID-19 has affected the ecology generally. The scope of the study includes market sizing and forecast for segmentation by product, technology, end-user, output, coolant type, and geography.

Feature of the Report Details
Market Size in 2021 USD 34 Billion
Projected Market Size in 2030 USD 63 Billion
Market Size in 2022 USD 37 billion
CAGR Growth Rate 7% CAGR (2025-2034)
Base Year 2023
Forecast Period 2025-2034
Prominent Players Ariel Corporation, IHI Corporation Ltd, Howden Group Ltd., Kaeser Kompressoren Co. Ltd., Mayekawa Mfg. Co. LTD, Kobe Steel Ltd, Mikuni Kikai Kogyo Co. LTD., Mitsui E&S Holdings Co. Ltd, Parker Hannifin Corporation, The Japan Steel Works LTD., Siemens AG, Hitachi Ltd, Ingersoll Rand Inc., Mitsubishi Heavy Industries Ltd., Elgi Equipments, Sulzer Ltd., Danfoss A/S, and Others
Key Segment By Product, Technology, Output, End-us, Coolant Type, and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
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Key Market Dynamics

  • During the forecast period, it is predicted that the market growth will be driven by the increase in demand for industrial air compressors from the oil & gas industry and the rising demand for energy-efficient industrial air compressors. Even if alternative energy sources have made significant progress, the market demand for oil and products derived from it rises with the global population. To maintain a competitive edge, industrial air and gas compressors have consequently evolved to focus on lower energy needs, increased speed, and improved resistance to harsh drilling environments. These innovations have made them indispensable for maintaining the proper pressure levels for these operations. Large and small businesses today rely significantly on industrial compressors in the oil and gas industry.
  • Furthermore, energy-efficient compressed air solutions are growing in popularity with a focus on energy costs and rising greenhouse gas (GHG) emissions. The “2030 Climate Target Plan” initiative by the European Union to cut GHG emissions by roughly 55% from 2020. Due to the simple and secure production of compressed industrial air, compressors are expanding in several industrial applications.
  • According to the U.S. Department of Energy, 50% of industrial plant systems offer significant room for energy savings and relatively low project costs. To save energy, compressed air systems require careful maintenance and close observation. As a result, compressed air systems are more dependable, and pneumatic instrument life cycles are extended. The government’s increasingly stringent regulations on greenhouse gas emissions and noise pollution are just two problems that are preventing the industrial air compressor business from expanding.
  • Industries are developing more quickly in many places as the world grows more urbanized. Demand has increased across various industries, particularly in emerging nations, including food and beverage, manufacturing, semiconductors, electronics, etc. These sectors frequently use centrifugal air compressors because they deliver enormous volumes of air at a reasonable price. Additionally, it has a longer operating lifespan, lowering the number of capital investments. Several developing nations have increased their industrial and economic growth, particularly in Asia-Pacific and Africa. The demand for industrial air compressors is also growing due to government initiatives to support industrial automation and a focus on industrial automation for efficient resource use.

Global Industrial Air Compressor Market 2023–2032 (By Billion)

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Asia Pacific Led the Industrial Air Compressor Market

  • The highest revenue share was in Asia Pacific. The growth of the local industrial sector, especially the automotive and food & beverage industries, as well as rising investments in mining and LNG, are propelling the regional market forward. For the region to meet its energy needs while adhering to decarbonization policies, investments in the hydrogen and green energy sectors have increased significantly. 
  • Market growth is driven by the demand for air compressors in various sectors, including the food and beverage industry, manufacturing, home appliances, and the oil and gas industry. Additionally, a variety of producers and Taiwan’s sizable industrial base for producing electronics and semiconductors are projected to fuel market expansion.
  • Due to the rising demand for petrochemical/chemical goods in these nations, India and China are implementing industrial air compressors in petrochemical and oil & gas plants. Planning for rapid urbanization and infrastructure development is accelerating in APAC, and this trend is expected to last throughout the projected period. It is anticipated that these operations will increase demand for industrial air compressors.

Global Industrial Air Compressor Market 2023–2032 (By Product)

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Competitive Landscape

The global industrial air compressor market is relatively consolidated, with many producers dispersed across all continents.

Our market analysis includes a section specifically devoted to key players operating in the Industrial Air Compressor market. Our analysts overview each player’s financial statements, product benchmarking, and SWOT analysis. In addition, the competitive landscape section includes key development strategies, market share analysis, and market positioning analysis of the mentioned competitors globally.

  • 2022: The hydraulic drive air compressor from Martin Industries and Parker Hydraulics is displayed. This air compressor maintains 4 gallons of flow at a pressure between 110 and 160 PSI and is simple to mount and connect. The air compressor may be switched on as needed to maintain pressure using a simple pressure monitoring system, eliminating the need for extra electronics.
  • 2022: North Pacific Industrial Coatings (Coatings), a commercial painting business located in Kent, Washington, chose an EG200V-125 to support its blasting and painting operations, according to news released by ELGi North America, a prominent air compressor manufacturer. The new ELGi compressor will give the business a dependable compressed air source and may save 100,000 kW annually.

Regional Overview

Due to government investments in infrastructure development and fast industrialization, Asia Pacific will hold more than 30% market share in 2021. Air compressors are employed in numerous applications that promote industrial growth and those related to the food and beverage, manufacturing, home appliance, and oil and gas sectors. The market is anticipated to be driven by a sizable electronics and semiconductor manufacturing industry base in China and Taiwan and several compressor manufacturers in India and China. Growth in North America and Europe is anticipated to be steady during the projection period. However, it is expected that rising investments in Eastern Europe would accelerate the development of industrial air compressors. Additionally, the market will grow as a result of consumers’ increasing preference for items that are simple to use and low-energy.

Global Industrial Air Compressor Market 2023–2032 (By Technology)

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Prominent Players:

  • Ariel Corporation
  • IHI Corporation Ltd
  • Howden Group Ltd.
  • Kaeser Kompressoren Co. Ltd.
  • Mayekawa Mfg. Co. LTD
  • Kobe Steel Ltd
  • Mikuni Kikai Kogyo Co. LTD.
  • Mitsui E&S Holdings Co. Ltd
  • Parker Hannifin Corporation
  • The Japan Steel Works LTD.
  • Siemens AG
  • Hitachi Ltd
  • Ingersoll Rand Inc.
  • Mitsubishi Heavy Industries Ltd.
  • Elgi Equipments
  • Sulzer Ltd.
  • Danfoss A/S

The global Industrial Air Compressor market is segmented as follows:

By Product

  • Portable
  • Stationary

By Technology

  • Rotary
  • Centrifugal
  • Reciprocating

By Output

  • Up to 15 kW
  • 16 – 75 kW
  • 75 – 500 kW
  • More than 500 kW

By End-use

  • Food & beverage
  • Energy & Mining
  • Agriculture/Farming
  • Oil & gas
  • Semiconductor & electronics
  • Construction & municipal
  • Manufacturing
  • Pharma
  • Others

By Coolant Type

  • Air-Cooled
  • Water-Cooled

On the basis of Geography

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research Methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research Methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Industrial Air Compressor Market, (2025 – 2034) (USD Billion)
    • 2.2 Global Industrial Air Compressor Market : snapshot
  • Chapter 3. Global Industrial Air Compressor Market – Industry Analysis
    • 3.1 Industrial Air Compressor Market: Market Dynamics
    • 3.2 Market Drivers
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Product
      • 3.7.2 Market attractiveness analysis By Technology
      • 3.7.3 Market attractiveness analysis By Output
      • 3.7.4 Market attractiveness analysis By End-use
      • 3.7.5 Market attractiveness analysis By Coolant Type
  • Chapter 4. Global Industrial Air Compressor Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Industrial Air Compressor Market: company market share, 2025
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Industrial Air Compressor Market – Product Analysis
    • 5.1 Global Industrial Air Compressor Market overview: By Product
      • 5.1.1 Global Industrial Air Compressor Market share, By Product, 2025 and 2034
    • 5.2 Portable
      • 5.2.1 Global Industrial Air Compressor Market by Portable, 2022 – 2030 (USD Billion)
    • 5.3 Stationary
      • 5.3.1 Global Industrial Air Compressor Market by Stationary, 2022 – 2030 (USD Billion)
  • Chapter 6. Global Industrial Air Compressor Market – Technology Analysis
    • 6.1 Global Industrial Air Compressor Market overview: By Technology
      • 6.1.1 Global Industrial Air Compressor Market share, By Technology, 2025 and 2034
    • 6.2 Rotary
      • 6.2.1 Global Industrial Air Compressor Market by Rotary, 2022 – 2030 (USD Billion)
    • 6.3 Centrifugal
      • 6.3.1 Global Industrial Air Compressor Market by Centrifugal, 2022 – 2030 (USD Billion)
    • 6.4 Reciprocating
      • 6.4.1 Global Industrial Air Compressor Market by Reciprocating, 2022 – 2030 (USD Billion)
  • Chapter 7. Global Industrial Air Compressor Market – Output Analysis
    • 7.1 Global Industrial Air Compressor Market overview: By Output
      • 7.1.1 Global Industrial Air Compressor Market share, By Output, 2025 and 2034
    • 7.2 Up to 15 kW
      • 7.2.1 Global Industrial Air Compressor Market by Up to 15 kW, 2022 – 2030 (USD Billion)
    • 7.3 16 – 75 kW
      • 7.3.1 Global Industrial Air Compressor Market by 16 – 75 kW, 2022 – 2030 (USD Billion)
    • 7.4 75 – 500 kW
      • 7.4.1 Global Industrial Air Compressor Market by 75 – 500 kW, 2022 – 2030 (USD Billion)
    • 7.5 More than 500 kW
      • 7.5.1 Global Industrial Air Compressor Market by More than 500 kW, 2022 – 2030 (USD Billion)
  • Chapter 8. Global Industrial Air Compressor Market – End-use Analysis
    • 8.1 Global Industrial Air Compressor Market overview: By End-use
      • 8.1.1 Global Industrial Air Compressor Market share, By End-use, 2025 and 2034
    • 8.2 Food & beverage
      • 8.2.1 Global Industrial Air Compressor Market by Food & beverage, 2022 – 2030 (USD Billion)
    • 8.3 Energy & Mining
      • 8.3.1 Global Industrial Air Compressor Market by Energy & Mining, 2022 – 2030 (USD Billion)
    • 8.4 Agriculture/Farming
      • 8.4.1 Global Industrial Air Compressor Market by Agriculture/Farming, 2022 – 2030 (USD Billion)
    • 8.5 Oil & gas
      • 8.5.1 Global Industrial Air Compressor Market by Oil & gas, 2022 – 2030 (USD Billion)
    • 8.6 Semiconductor & electronics
      • 8.6.1 Global Industrial Air Compressor Market by Semiconductor & electronics, 2022 – 2030 (USD Billion)
    • 8.7 Construction & municipal
      • 8.7.1 Global Industrial Air Compressor Market by Construction & municipal, 2022 – 2030 (USD Billion)
    • 8.8 Manufacturing
      • 8.8.1 Global Industrial Air Compressor Market by Manufacturing, 2022 – 2030 (USD Billion)
    • 8.9 Pharma
      • 8.9.1 Global Industrial Air Compressor Market by Pharma, 2022 – 2030 (USD Billion)
    • 8.10 Others
      • 8.10.1 Global Industrial Air Compressor Market by Others, 2022 – 2030 (USD Billion)
  • Chapter 9. Global Industrial Air Compressor Market – Coolant Type Analysis
    • 9.1 Global Industrial Air Compressor Market overview: By Coolant Type
      • 9.1.1 Global Industrial Air Compressor Market share, By Coolant Type, 2025 and 2034
    • 9.2 Air-Cooled
      • 9.2.1 Global Industrial Air Compressor Market by Air-Cooled, 2022 – 2030 (USD Billion)
    • 9.3 Water-Cooled
      • 9.3.1 Global Industrial Air Compressor Market by Water-Cooled, 2022 – 2030 (USD Billion)
  • Chapter 10. Industrial Air Compressor Industry – Regional Analysis
    • 10.1 Global Industrial Air Compressor Industry Regional Overview
    • 10.2 Global Industrial Air Compressor Industry Share, by Region, 2025 & 2030 (USD Billion)
    • 10.3. North America
      • 10.3.1 North America Industrial Air Compressor Industry, 2022 – 2030 (USD Billion)
        • 10.3.1.1 North America Industrial Air Compressor Industry, by Country, 2022 – 2030 (USD Billion)
    • 10.4 North America Industrial Air Compressor Industry, by Product, 2022 – 2030
      • 10.4.1 North America Industrial Air Compressor Industry, by Product, 2022 – 2030 (USD Billion)
    • 10.5 North America Industrial Air Compressor Industry, by Technology, 2022 – 2030
      • 10.5.1 North America Industrial Air Compressor Industry, by Technology, 2022 – 2030 (USD Billion)
    • 10.6 North America Industrial Air Compressor Industry, by Output, 2022 – 2030
      • 10.6.1 North America Industrial Air Compressor Industry, by Output, 2022 – 2030 (USD Billion)
    • 10.7 North America Industrial Air Compressor Industry, by End-use, 2022 – 2030
      • 10.7.1 North America Industrial Air Compressor Industry, by End-use, 2022 – 2030 (USD Billion)
    • 10.8 North America Industrial Air Compressor Industry, by Coolant Type, 2022 – 2030
      • 10.8.1 North America Industrial Air Compressor Industry, by Coolant Type, 2022 – 2030 (USD Billion)
    • 10.9. Europe
      • 10.9.1 Europe Industrial Air Compressor Industry, 2022 – 2030 (USD Billion)
        • 10.9.1.1 Europe Industrial Air Compressor Industry, by Country, 2022 – 2030 (USD Billion)
    • 10.10 Europe Industrial Air Compressor Industry, by Product, 2022 – 2030
      • 10.10.1 Europe Industrial Air Compressor Industry, by Product, 2022 – 2030 (USD Billion)
    • 10.11 Europe Industrial Air Compressor Industry, by Technology, 2022 – 2030
      • 10.11.1 Europe Industrial Air Compressor Industry, by Technology, 2022 – 2030 (USD Billion)
    • 10.12 Europe Industrial Air Compressor Industry, by Output, 2022 – 2030
      • 10.12.1 Europe Industrial Air Compressor Industry, by Output, 2022 – 2030 (USD Billion)
    • 10.13 Europe Industrial Air Compressor Industry, by End-use, 2022 – 2030
      • 10.13.1 Europe Industrial Air Compressor Industry, by End-use, 2022 – 2030 (USD Billion)
    • 10.14 Europe Industrial Air Compressor Industry, by Coolant Type, 2022 – 2030
      • 10.14.1 Europe Industrial Air Compressor Industry, by Coolant Type, 2022 – 2030 (USD Billion)
    • 10.15. Asia Pacific
      • 10.15.1 Asia Pacific Industrial Air Compressor Industry, 2022 – 2030 (USD Billion)
        • 10.15.1.1 Asia Pacific Industrial Air Compressor Industry, by Country, 2022 – 2030 (USD Billion)
    • 10.16 Asia Pacific Industrial Air Compressor Industry, by Product, 2022 – 2030
      • 10.16.1 Asia Pacific Industrial Air Compressor Industry, by Product, 2022 – 2030 (USD Billion)
    • 10.17 Asia Pacific Industrial Air Compressor Industry, by Technology, 2022 – 2030
      • 10.17.1 Asia Pacific Industrial Air Compressor Industry, by Technology, 2022 – 2030 (USD Billion)
    • 10.18 Asia Pacific Industrial Air Compressor Industry, by Output, 2022 – 2030
      • 10.18.1 Asia Pacific Industrial Air Compressor Industry, by Output, 2022 – 2030 (USD Billion)
    • 10.19 Asia Pacific Industrial Air Compressor Industry, by End-use, 2022 – 2030
      • 10.19.1 Asia Pacific Industrial Air Compressor Industry, by End-use, 2022 – 2030 (USD Billion)
    • 10.20 Asia Pacific Industrial Air Compressor Industry, by Coolant Type, 2022 – 2030
      • 10.20.1 Asia Pacific Industrial Air Compressor Industry, by Coolant Type, 2022 – 2030 (USD Billion)
    • 10.21. Latin America
      • 10.21.1 Latin America Industrial Air Compressor Industry, 2022 – 2030 (USD Billion)
        • 10.21.1.1 Latin America Industrial Air Compressor Industry, by Country, 2022 – 2030 (USD Billion)
    • 10.22 Latin America Industrial Air Compressor Industry, by Product, 2022 – 2030
      • 10.22.1 Latin America Industrial Air Compressor Industry, by Product, 2022 – 2030 (USD Billion)
    • 10.23 Latin America Industrial Air Compressor Industry, by Technology, 2022 – 2030
      • 10.23.1 Latin America Industrial Air Compressor Industry, by Technology, 2022 – 2030 (USD Billion)
    • 10.24 Latin America Industrial Air Compressor Industry, by Output, 2022 – 2030
      • 10.24.1 Latin America Industrial Air Compressor Industry, by Output, 2022 – 2030 (USD Billion)
    • 10.25 Latin America Industrial Air Compressor Industry, by End-use, 2022 – 2030
      • 10.25.1 Latin America Industrial Air Compressor Industry, by End-use, 2022 – 2030 (USD Billion)
    • 10.26 Latin America Industrial Air Compressor Industry, by Coolant Type, 2022 – 2030
      • 10.26.1 Latin America Industrial Air Compressor Industry, by Coolant Type, 2022 – 2030 (USD Billion)
    • 10.27. The Middle-East and Africa
      • 10.27.1 The Middle-East and Africa Industrial Air Compressor Industry, 2022 – 2030 (USD Billion)
        • 10.27.1.1 The Middle-East and Africa Industrial Air Compressor Industry, by Country, 2022 – 2030 (USD Billion)
    • 10.28 The Middle-East and Africa Industrial Air Compressor Industry, by Product, 2022 – 2030
      • 10.28.1 The Middle-East and Africa Industrial Air Compressor Industry, by Product, 2022 – 2030 (USD Billion)
    • 10.29 The Middle-East and Africa Industrial Air Compressor Industry, by Technology, 2022 – 2030
      • 10.29.1 The Middle-East and Africa Industrial Air Compressor Industry, by Technology, 2022 – 2030 (USD Billion)
    • 10.30 The Middle-East and Africa Industrial Air Compressor Industry, by Output, 2022 – 2030
      • 10.30.1 The Middle-East and Africa Industrial Air Compressor Industry, by Output, 2022 – 2030 (USD Billion)
    • 10.31 The Middle-East and Africa Industrial Air Compressor Industry, by End-use, 2022 – 2030
      • 10.31.1 The Middle-East and Africa Industrial Air Compressor Industry, by End-use, 2022 – 2030 (USD Billion)
    • 10.32 The Middle-East and Africa Industrial Air Compressor Industry, by Coolant Type, 2022 – 2030
      • 10.32.1 The Middle-East and Africa Industrial Air Compressor Industry, by Coolant Type, 2022 – 2030 (USD Billion)
  • Chapter 11. Company Profiles
    • 11.1 Ariel Corporation
      • 11.1.1 Overview
      • 11.1.2 Financials
      • 11.1.3 Product Portfolio
      • 11.1.4 Business Strategy
      • 11.1.5 Recent Developments
    • 11.2 IHI Corporation Ltd
      • 11.2.1 Overview
      • 11.2.2 Financials
      • 11.2.3 Product Portfolio
      • 11.2.4 Business Strategy
      • 11.2.5 Recent Developments
    • 11.3 Howden Group Ltd.
      • 11.3.1 Overview
      • 11.3.2 Financials
      • 11.3.3 Product Portfolio
      • 11.3.4 Business Strategy
      • 11.3.5 Recent Developments
    • 11.4 Kaeser Kompressoren Co. Ltd.
      • 11.4.1 Overview
      • 11.4.2 Financials
      • 11.4.3 Product Portfolio
      • 11.4.4 Business Strategy
      • 11.4.5 Recent Developments
    • 11.5 Mayekawa Mfg. Co. LTD
      • 11.5.1 Overview
      • 11.5.2 Financials
      • 11.5.3 Product Portfolio
      • 11.5.4 Business Strategy
      • 11.5.5 Recent Developments
    • 11.6 Kobe Steel Ltd
      • 11.6.1 Overview
      • 11.6.2 Financials
      • 11.6.3 Product Portfolio
      • 11.6.4 Business Strategy
      • 11.6.5 Recent Developments
    • 11.7 Mikuni Kikai Kogyo Co. LTD.
      • 11.7.1 Overview
      • 11.7.2 Financials
      • 11.7.3 Product Portfolio
      • 11.7.4 Business Strategy
      • 11.7.5 Recent Developments
    • 11.8 Mitsui E&S Holdings Co. Ltd
      • 11.8.1 Overview
      • 11.8.2 Financials
      • 11.8.3 Product Portfolio
      • 11.8.4 Business Strategy
      • 11.8.5 Recent Developments
    • 11.9 Parker Hannifin Corporation
      • 11.9.1 Overview
      • 11.9.2 Financials
      • 11.9.3 Product Portfolio
      • 11.9.4 Business Strategy
      • 11.9.5 Recent Developments
    • 11.10 The Japan Steel Works LTD.
      • 11.10.1 Overview
      • 11.10.2 Financials
      • 11.10.3 Product Portfolio
      • 11.10.4 Business Strategy
      • 11.10.5 Recent Developments
    • 11.11 Siemens AG
      • 11.11.1 Overview
      • 11.11.2 Financials
      • 11.11.3 Product Portfolio
      • 11.11.4 Business Strategy
      • 11.11.5 Recent Developments
    • 11.12 Hitachi Ltd
      • 11.12.1 Overview
      • 11.12.2 Financials
      • 11.12.3 Product Portfolio
      • 11.12.4 Business Strategy
      • 11.12.5 Recent Developments
    • 11.13 Ingersoll Rand Inc.
      • 11.13.1 Overview
      • 11.13.2 Financials
      • 11.13.3 Product Portfolio
      • 11.13.4 Business Strategy
      • 11.13.5 Recent Developments
    • 11.14 Mitsubishi Heavy Industries Ltd.
      • 11.14.1 Overview
      • 11.14.2 Financials
      • 11.14.3 Product Portfolio
      • 11.14.4 Business Strategy
      • 11.14.5 Recent Developments
    • 11.15 Elgi Equipments
      • 11.15.1 Overview
      • 11.15.2 Financials
      • 11.15.3 Product Portfolio
      • 11.15.4 Business Strategy
      • 11.15.5 Recent Developments
    • 11.16 Sulzer Ltd.
      • 11.16.1 Overview
      • 11.16.2 Financials
      • 11.16.3 Product Portfolio
      • 11.16.4 Business Strategy
      • 11.16.5 Recent Developments
    • 11.17 Danfoss A/S
      • 11.17.1 Overview
      • 11.17.2 Financials
      • 11.17.3 Product Portfolio
      • 11.17.4 Business Strategy
      • 11.17.5 Recent Developments
List Of Figures

Figures No 1 to 40

List Of Tables

Tables No 1 to 127

Prominent Players:

  • Ariel Corporation
  • IHI Corporation Ltd
  • Howden Group Ltd.
  • Kaeser Kompressoren Co. Ltd.
  • Mayekawa Mfg. Co. LTD
  • Kobe Steel Ltd
  • Mikuni Kikai Kogyo Co. LTD.
  • Mitsui E&S Holdings Co. Ltd
  • Parker Hannifin Corporation
  • The Japan Steel Works LTD.
  • Siemens AG
  • Hitachi Ltd
  • Ingersoll Rand Inc.
  • Mitsubishi Heavy Industries Ltd.
  • Elgi Equipments
  • Sulzer Ltd.
  • Danfoss A/S
  • Others

FAQs

“Asia Pacific” region will lead the global Industrial Air Compressor market during the forecast period 2022 to 2030.

The key factors driving the market is increasing demand for a variety of industries, such as food and beverages, manufacturing, semiconductors, electronics, and so on, has expanded, particularly in emerging countries.

The key players operating in the Industrial Air Compressor market are Ariel Corporation, IHI Corporation Ltd, Howden Group Ltd., Kaeser Kompressoren Co. Ltd., Mayekawa Mfg. Co. LTD, Kobe Steel Ltd, Mikuni Kikai Kogyo Co. LTD., Mitsui E&S Holdings Co. Ltd, Parker Hannifin Corporation, The Japan Steel Works LTD., Siemens AG, Hitachi Ltd, Ingersoll Rand Inc., Mitsubishi Heavy Industries Ltd., Elgi Equipments, Sulzer Ltd., Danfoss A/S

The global Industrial Air Compressor market is expanding growth with a CAGR of approximately 7% during the forecast period (2022 to 2030).

The global Industrial Air Compressor market size was valued at USD 34 Billion in 2021 and it is projected to reach around USD 63 Billion by 2030.

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