US Air Compressor Market 2024–2033

Reports Description

As per the current market research conducted by the CMI Team, the US Air Compressor Market is expected to record a CAGR of 3.56% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 3.96 Billion. By 2033, the valuation is anticipated to reach USD 5.29 Billion.

Pressure from environmental conservation laws and evolving concerns about sustainability have forced organizations to consider environmentally friendly equipment, like air compressors. These compressors are vital in diverse pollution control and emission reduction operations to ensure conformity to industry requirements.

For instance, air compressors can be used in automobile production to provide blowing with aeration to pollute the environment or to operate various pollution-controlling equipment such as air scrubbers and filters. Energy-efficient and low-emission air compressors help industries minimize the adverse environmental impact and meet evolving stringent ecological standards.​

US Air Compressor Market – Significant Growth Factors

The Air Compressor market presents significant growth opportunities due to several factors:

• Increasing Demand for Efficiency: Air compressors are playing an increasing role in the efficiency of many operations and the reduction of human error in numerous applications as companies search for ways to make their operations more efficient. For this reason, they avail themselves of investments by organizations that seek to attain or maintain high functional efficiency.

• E-commerce Boom: Technological advancement in the execution of e-commerce businesses has pressured effective e-commerce processing and dispatching systems to meet the required capacity as demanded by the growing market demands. Air and exhaust compressors are vital in handling the large volumes of the inventory and arranging for timely delivery, making them essential in any warehouse automation.

• Labor Shortages and Cost Savings: The high cost of labour and chronic shortages also force firms to turn to automation, such as air compressors, to cut down on human resources. Automated systems can work round the clock and are therefore capable of higher production rates or higher discount rates than manned systems.

• Technological Advancements: The evolution of innovative technologies such as robotics, artificial intelligence, the Internet of Things, and cloud computing has made the existing air compressors more intelligent. They facilitate better and far more complex solutions, which help businesses respond to new and higher customer expectations and increase organizational effectiveness.

• Customization and Flexibility: current air compressor solutions provide versatile and modular system selections to meet the individual requirements of specific industries. This flexibility makes it possible for those businesses using automation to introduce the systems in stages and, in the process, modify them to suit their business’s changing needs.

• Sustainability and Eco-friendly Practices: It is therefore very clear that there’s increasing concern about sustainability in the supply chain. Methods like automatic air compressor systems are suitable for sustainability as they help cut energy use and wastage.

• Urbanization and Infrastructure Development: Automated systems like air compressors offer possibilities when it comes to addressing various needs of the large developed populace of major cities due to fast urbanization and advanced infrastructure introduced in core city hubs. This position means that the delivery costs are relatively low and delivery can be made promptly because it is convenient to access the central business regions.

• Lower Barriers to Entry: Reduced prices of automation solutions such as air compressors make them affordable to SMEs, where the technology can help reduce costs and increase efficiency. This democratization makes it possible for numerous and more businesses to take advantage of automation.

• Enhanced Data Analytics and Decision Making: Automated air compressor systems include features such as sensors and a data collection feature that can be leveraged to increase understanding of processes. There is an opportunity to leverage this data toward analyzing workflow, identifying when equipment requires maintenance, and supporting better processes for decision-making.

• Integration with Digital Platforms: This way, interactions between air compressors digital platforms, and other enterprise systems improve general supply chain awareness and synchronization. Integrating real-time data for sharing and collaboration for various processes in a supply chain adds a new dimension of response to changes in activities at different states in the chain.

Air Compressor Market – Launches

The Air Compressor market has seen several Launches in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the Air Compressor market include:

• In March 2024, Hitachi Global Air Power US, LLC, a compressed air solution, announced the launch of the Sullair TS 190-260 Series two-stage rotary screw air compressors. The Sullair TS 190-260 Series, engineered for excellence, offers best-in-class efficiency, as demonstrated by the most recent* efficiency data published by the Compressed Air and Gas Institute’s (CAGI) third-party verification program. The heart of the Sullair TS Series is an all-new two-stage air end with patent-pending inter-stage cooling and an over/under design, allowing for a smaller footprint.

• In February 2024, Bobcat launched a Revolutionary Air Compressor with FlexAir Technology. The company has launched the new PA12.7v Portable Air Compressor. The Bobcat range originates from the rebranding of the Doosan Portable Power range from Doosan Bobcat, bringing with it an unmatched legacy of well over 100 years of trailblazing success in this market. The PA12.7v is a variable pressure compressor that utilizes a system called FlexAir technology, allowing it to operate in the range of 5.5 to 12.1 bar and offer free air deliveries from 5.2 to 7 m3/min.

• In March 2023, ELGi North America introduced the new GP35FP portable compressor at the highly anticipated CONEXPO-CON/AGG 2023, from March 14 – 18, at the Las Vegas Convention Center. At booth South Hall 1 S61908, ELGi will display the GP35FP, the latest portable air compressor in the portfolio, and the trusted D185T4F model. With this addition, ELGi offers nine models in its portable air compressor lineup ranging from 35 CFM to 900 CFM.

• In June 2023, Power Equipment Direct has partnered with ABAC Air Compressors to lead the launch of its innovative rotary screw machines in the United States. The AS Series of rotary screw air compressors is built using groundbreaking integrated block technology that mitigates downtime, maximizes efficiency, and simplifies maintenance, making it an excellent fit for automotive, industrial, and other applications requiring an efficient and reliable source of air.

These Launches helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Air Compressor market. The trend is expected to continue as companies seek a competitive edge in the market.

US Air Compressor Market – Significant Threats

The US Air compressor market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:

• On-rising online retail and fulfillment services: The e-commerce and even the growth of the fulfillment platform have changed how consumers buy and make purchases, hence turning their prime need on-demand order processing and fast delivery. This trend poses a challenge to air compressor providers to keep up with this highly dynamic, fast-paced e-commerce landscape, which might increase operational costs and complexity.

• Increased Competition from Established Competitors: Air compressor companies today no longer compete with new market entrants but also face a stiff challenge from established players with well-established relationships and up-to-date solutions. This raises the competition to a level where it gets tricky for new and smaller companies to attract clients and retain them, hence making it hard for them to acquire high market share.

• Seasonal and Demand Peaks: Air compressor operation is seasonal and dependent on demand. Peak demands arise during seasons and holidays, making it a problem in scalability to adapt to peak or low demand without unnecessary expenses or idle periods during off-seasons.

• High Initial Investment and Operating Cost: Implementing air compressor systems incurs significant capital investment in hardware, software, and infrastructure. The high initial costs become a limitation to uptake by SMEs that cannot source the needed capital or cannot recover their investment quickly enough.

• Obsolescence and Integration Challenges of Technology: Because technological innovation and development are fast, the solutions may get outdated soon, which can mean repeated up-gradation and integration of new systems. The process of upgrading and integrating such systems with the existing infrastructure makes things expensive and complicated and threatens long-term stability.

• Workforce Adaptation and Training: Shifting towards automation also poses the challenge of workforce adaptation and training because it needs a labor force that is well versed in using and maintaining more advanced technologies. To adequately prepare employees for new systems has become challenging, especially in highly turned-over industries or wherein access to technical education is not readily accessible.

• IoT devices and cloud-based platforms: Air compressor systems are rising, raising concerns related to Cybersecurity and Data Privacy. Cybersecurity is essential for maintaining client trust and safeguarding operational integrity through the safe protection of data and strict cybersecurity measures.

Category-Wise Insights

By Type:

• Rotary Air Compressors: Work with two rotating elements known as rotors. They are applied in continuous operation for manufacturing, large industrial plants, etc.

• No Scroll Compressors: It compresses air using two interleaving spiral-like vanes. Those are often used in heating, ventilation, and air conditioning systems.

• Reciprocating Air Compressors: These are also called piston compressors. They use a piston driven by a crankshaft to compress air. They find their applications in high-pressure, low volume, commonly used in automotive service shops and small-scale manufacturing.

• Single-Acting Compressors: This is a system in which air is compressed only on one side of the piston.

• Double-Acting Compressors: Air is compressed on both sides of the piston for greater efficiency in this system.

• Centrifugal Compressor Air Compressors: In this compressor, the air is thrown by a revolving impeller, and its velocity changes into pressure. These are very important where extensive applications require an uninterrupted supply of compressed air, such as chemical plants and large manufacturing units.

• Axial Compressors: Use a sequence of fan-like air foils to compress air progressively as the airflow passes through the compressor. They are used primarily in high-velocity applications such as jet engines and large-scale industrial processes.

By Technology:

• Portable Air Compressors: These can be taken from one place to another because they are portable and are used where the compressor should be carried to different locations. Mainly used during construction, repairing vehicles, and do-it-yourself projects.

• Stationary Air Compressors: These are used in applications where compressed air supply is constantly required, but they have to be placed at one location only. It is widely used in heavy industrial settings, manufacturing plants, and big workshops.

By Power Source:

• Electric Air Compressors: The Electric Air Compressors are powered by electricity. They run pretty efficiently and cost low to operate. Indoor use is best for this type, and they can run continuously.

• Diesel/Petrol Air Compressors: Powered by diesel or petrol engines and found in stations where electric power cannot be obtained, such as in remote or outdoor locations. It is extensively used in the construction and mining industries.

By Application:

• Manufacturing: Air compressors are used to drive pneumatic tools, carry materials, as well as to operate automated equipment in manufacturing.

• Oil & Gas: Used in exploration, drilling, and production. More processes than that, though powering tools, process control, and carrying gases, all use compressors.

• Food & Beverage: This is used in packaging, processing, and bottling operations. Oil-free compressors are applied primarily to prevent oil contamination.

• Healthcare: Used in medical devices, respiratory equipment, and laboratory instruments. There is no contaminants in compressed air through oil-free compressors.

• Construction: It offers compressed air for the pneumatic tools jacks, drill, and compactor. This part of the construction site employs portable compressors more often.

• Automotive: Air compressors are applied in garages to inflate the tires, run spray guns, and operate air tools.

• Energy: They are applied in power stations and energy production plants to control systems and also for generation purposes.

• Mining: Air compressors are essential in mining operations; they are used for drilling purposes, running materials, and powering various tools.

• Others (Textiles, Chemicals, Pharmaceuticals, etc.): For these industries, compressors are used in many applications like material movement, spraying, and running machines. Oil-free compressors will be essential where contamination control is necessary.

Report Scope

Competitive Landscape – US Air Compressor Market

The US Air Compressor market is highly competitive, with a large number of manufacturers and retailers operating across the US. Some of the key players in the market include:

• Atlas Copco AB
• Ingersoll Rand Inc.
• Gardner Denver Inc.
• Siemens Energy AG
• General Electric
• Sullair LLC (Hitachi Group)
• Kaeser Kompressoren
• FS-Curtis
• Mitsubishi Heavy Industries Compressor Corp.
• Bauer Compressors Inc.
• Aerzener Maschinenfabrik GmbH
• Hanwha Power Systems
• Ebara Corporation
• Burckhardt Compression Holding AG
• Baker Hughes Co.
• Zhejiang Kaishan Compressor Co. Ltd (Kaishan Group)
• Howden Group Ltd.
• Emerson
• Hitachi
• ELGi Compressors USA Inc.
• Others

These companies find a way into the market through such initiatives as product innovation, merger and acquisition, and partnership.

New entrants in the Air Compressor industry are employing innovation and development to differentiate and enter the market. It further implies that these often focus on adopting more advanced technologies, customized solutions, and sustainability and environmental friendliness.

Companies increasingly utilize technology to carry out streamlined operations, enhance efficiency, and expand market reach through IoT, AI-based systems, and cloud-based platforms: applications involving inventory management, workflow optimization, and improved communication and response. Moreover, the newcomers are claiming to offer flexible and scalable automation solutions that may cater to the diversity required in different industry types.

The US Air Compressor Market is segmented as follows:

By Type

• Rotary Air Compressors
• Reciprocating Air Compressors
• Centrifugal Air Compressors
• Axial Compressors

By Technology

• Portable Air Compressors
• Stationary Air Compressors

By Power Source

• Electric Air Compressors
• Diesel/Petrol Air Compressors

By Application

• Manufacturing
• Oil & Gas
• Food & Beverage
• Healthcare
• Construction
• Automotive
• Energy
• Mining
• Others (Textiles, Chemicals, Pharmaceuticals, etc.)