#Air Compressor Market Share

[researchrealmblog]

Types and Applications of Air Compressors

An air compressor transforms power also known as pneumatic device (from diesel engine, electric motor, another engine, etc.) into potential energy stored in pressured air. By 2030, it is predicted that the air compressor industry would be worth $45,888.0 million.

The increased need for environmentally friendly air compressors throughout the world, the availability of cutting-edge manufacturing facilities, growing industrialization, and technical breakthroughs will all play a significant role in this.

Rotary Screw Compressors

Rotary screw air compressors are frequently big, industrial-sized devices that may either run on oil or without oil for lubrication.

Moreover, two internal, counter-rotating rotors in rotary screw air compressors provide energy. A pressure buildup occurs inside the housing as a result of the air becoming trapped among the two opposing rotors. These air compressors, which have a power range of 5 to 350 horsepower, are made for continuous usage thanks to their inbuilt cooling system.

Reciprocating Compressor

The reciprocating compressor is another popular type of displacement compressors. These are often seen at smaller building sites, including garages and residential homes. Such compressors are not intended for continuous usage, in contrast to the rotary screw compressor.

Further, the moving components of a reciprocating air compressor are more numerous than those in a rotary screw compressor, and they are maintained with oil to ensure smoother operation.

These air compressors function by compressing and displacing the air inside a cylinder to increase pressure. The pressure ranges that reciprocating compressors may reach might be single- or multi-stage variations.

Centrifugal Compressors

To create potential energy, centrifugal air compressors delay and cool the incoming air as it passes through a diffuser. Centrifugal compressors can generate a large quantity of energy in a comparatively compact machine because of the multi-phase compression process.

They need less care than reciprocating or rotary screw compressors, and certain varieties may create air without oil. Since they have a maximum horsepower of 1,000, they are often employed for more difficult building sites like chemical factories or steel manufacturing facilities.

What Are The Applications of Air Compressor?

Air compressors can be used for a variety of tasks, such as providing high-pressure, clean air to fill gas cylinders, clean air to a submerged surface supplied diver, moderate-pressure, and moderate-pressure, clean air to drive some pneumatic HVAC control system valves in office and educational buildings.

It is providing a significant quantity of moderately pressured air to fuel pneumatic equipment like jackhammers, fill HPA tanks, fill tires, and generate significant amounts of moderately pressured air for significant amounts of industrial operations.

In addition, air compressors are frequently used in drilling, mining, and the oil

and gas industries to aerate drilling fluids, flush out pipelines, and flush out flushing medium.

Most air compressors are either rotary vane, rotary screw, or reciprocating piston types. While reciprocating, rotary screws and scroll air compressors are preferred for small and medium-sized applications, centrifugal compressors are frequently used in very large applications.

Source: P&S Intelligence

[marketsreport]

The global air compressor market size reached US$ 18.5 billion in 2023. Looking ahead, IMARC Group anticipates the market to grow to US$ 25.0 billion by 2032, with a compound annual growth rate (CAGR) of 3.3% from 2024 to 2032. Key factors driving market growth include increasing industrial applications, a focus on energy efficiency, the rising adoption of automation and pneumatic systems, and significant advancements in IoT and smart technologies.

[marketsndata]

[abhigmi]

Stationary Air Compressor Market Trends, Segmentation and Registering a Strong Growth by 2032

Stationary Air Compressor Market is expected to grow exponentially through 2032, propelled by their use in areas where the demand for stay-at-location compressors is rising. Besides, stationary air compressors are ideal for auto repair shops, industrial plants, and manufacturing locations, which are further slated to enhance market expansion over the coming years. In addition, the rising technological innovations in the space are further estimated to expand the industry outlook in the future.

The key players operating in the stationary air compressor industry are constantly investing in R&D, new product launches, and engaging in mergers, acquisitions, and partnerships to reinforce their presence in the market. For instance, in December 2021, Sullair, an industry leader in innovative compressed air solutions, acquired it's Salt Lake City, UT-based distributor, CPS (Compressor-Pump & Service). The move would enable Sullair provide CPS customers with uninterrupted and unwavering support.

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Overall, the stationary air compressor market is segmented in terms of technology, lubrication, application, and region.

Considering the technology, the reciprocating segment is expected to depict a CAGR of over 3% by 2032. The growth can be attributed to factors such as lower cost, ease of maintenance compared to scroll compressors, and a lesser heating tendency.

Based on lubrication, the oil-free compressor segment is expected to gain momentum over the forecast period owing to the growing product demand across various industries. The rising adoption can be backed by their lightweight and ability to deliver uncontaminated compressed air in application areas where oil-contaminated air may impose serious consequences on sectors such as food & beverages, healthcare, electronics, etc.

On the basis of application, the home appliances application segment is expected to be valued at over USD 25.5 billion by 2032 end. Factors such as strong economic growth, urbanization, and increasing consumer spending in developing economies will propel the home appliances market expansion, thereby escalating the product consumption.

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In terms of applications, the oil & gas application sector is expected to register considerable gains over 2023-2032, owing to the increasing oil & gas production and consumption worldwide. In addition, factors such as increasing population, government investments, rising demand from developing nations, and industrialization will further drive the segmental growth in the ensuing years.

Regionally, the Asia Pacific stationary air compressor market is anticipated to exhibit over 3.5% CAGR through 2032. The regional growth can be attributed to the rising production of automobiles and the considerable growth in manufacturing operations across various APAC countries. Besides, the advancing home appliances sector is expected to foster regional market progression during the estimated timeframe.

Table of Contents (ToC) of the report:

Chapter 1   Methodology & Scope

1.1    Scope & Market definitions

1.2    Methodology & forecast parameters

1.3    COVID-19 impact calculations on the industry forecast

1.3.1    North America

1.3.2    Europe

1.3.3    Asia Pacific

1.3.4    Latin America

1.3.5    Middle East & Africa

1.4    Regional trends

1.5    Data sources

1.5.1    Primary

1.5.2    Secondary

Chapter 2    Executive Summary

2.1    Stationary air compressor market 360º synopsis, 2018 – 2032

2.1.1    Business trends

2.1.2    Technology trends

2.1.3    Lubrication trends

2.1.4    Application trends

2.1.5    Regional trends

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[market-insider]

Air Compressor Market Growth Attributed To Increased Proliferation In Manufacturing Sector

The global air compressor market size is anticipated to reach USD 40.98 billion by 2028, registering a CAGR of 3.4% from 2021 to 2028, according to a new study conducted by Grand View Research, Inc. Air compressors are used in various industries, such as food and beverages, home appliances, oil and gas, semiconductors and electronics, healthcare, manufacturing, and energy. The rising need for the reduction of CO2 emissions and stringent regulations pertaining to environmental conservation is anticipated to boost market growth. Moreover, eco-friendly, reliable features, ease of handling, and low maintenance costs offered by the product are propelling its demand.

The onset of the COVID-19 pandemic resulted in lockdowns and declining investments across industries and verticals, which hampered the growth of the market. However, after a short slowdown, the market is expected to rebound and witness a healthy growth rate in the post-pandemic era. The growing consumer awareness regarding product quality, the need for improved air quality, and supportive government policies on energy conservation are anticipated to boost the market growth. At workplaces, air compressors are required to comply with the Occupational Health & Safety (OHS) regulations, which would positively impact the market over the forecast period.

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Oil-free air compressors are expected to emerge as the fastest-growing lubrication segment. The growth is attributed to the increased proliferation in the manufacturing sector. Moreover, oil-free compressors reduce the operating costs by evading compressor oil separator elements and down-streaming filter replacement costs.

[takeoffphilippines]

Beko Marks 3rd Anniversary In The Philippines With Trade Launch, Lays Out Business Development Plans

Beko Philippines is entering a new phase of business in their journey to bring the European brand to a sustainable lifestyle for Filipino customers. In celebration of its third year of operations, Beko announces its goal of being the number one European brand in the Philippine market in the next 5 years.

“We are very happy to be holding this trade launch for our dealers and stakeholders as we share that Beko will be a bigger and better brand in the Philippines in 2023 and beyond,” said Gürhan Günal, Beko’s country director in the Philippines, who also presented the company’s business development plans of EXPAND, GROW, LEAD, CONNECTIVITY and SUSTAINABILITY for the Philippines along with the brand’s hero technologies at the anniversary trade launch at the Grand Ballroom of Marriott Hotel Manila.

This is the heart and reason why this year, Beko will be made available soon in other appliance stores nationwide as it continues to “expand” its distribution to other retail channels.

To further “grow” brand awareness and visibility they also announced the renewal of their brand ambassadorship with Judy Ann Santos-Agoncillo alongside with digital and traditional media investments.

As one of the “leading” manufacturers of home appliances, Beko promotes the Live Like a Pro lifestyle and inspires Filipinos to experience a more convenient way of living through European style product lines. They stated that Beko Pilipinas Corporation is the exclusive distributor of Hitachi Major Domestic Appliances as part of their brand portfolio.

Beko appliances are made smart, relevant and designed to easily support Filipino families. With the HomeWhiz function you can easily “connect” to your Beko appliances with the use of your smartphones.

As part of Beko’s global sustainability effort, Beko Philippines announces its partnership with Plastic Credit Exchange, which serves a global ecosystem of carefully vetted partners that recover, process, and recycle plastic waste with programs that improve livelihood, scale up social impact, and reduce the flow of plastic pollution into nature. The partnership is in line with Extended Producer Responsibility Law, which holds companies responsible for the plastic packaging they use throughout the lifecycle of their products.

Trade launch showcasing hero technologies

As Beko marked its third year in the Philippines, the appliance brand held a grand trade launch for its dealers at the Marriott Hotel Grand Ballroom with the theme “Empowered to Live Like A Pro.”

During the whole-day event, guests, including media and dealers, got to experience Beko’s range of appliances. They also got tips from a chef and an interior designer on how to manage their homes like a pro.

Beko Philippines showcased its hero technologies, such as HarvestFresh, ProSmart Inverter Technology, Steam Cure, Hygiene+,  AeroPerfect TM and many others. These technologies help you live like a pro. Among the products displayed that day were cookers. The HII64205F2MT  is a 60x50cm built-in induction hob with four Cooking Zones and two 2 Flexizone, nine cooking levels and a glass burner plate. Meanwhile, the BBIS14300XCSE 60x60cm. multifunction built-in oven with six cooking functions,  including Steam Aid feature for moist and even cooking.

There were also refrigerators, one of the appliances which Beko is famous for. The GNO480E40HFGBPH is a 16.6cf inverter multi-door refrigerator with Neofrost Triple Cooling Technology, HarvestFresh, Prosmart Inverter Compressor, in sleek black glass door finish.  Also featured is the Hitachi Refrigerator R-WB640VG0-1 GBK with Vacuum Technology with Platinum Catalyst, Inverter X Dual-fan Cooling with Eco-thermo sensor.

Other appliances include the CEG7302B, a bean-to-cup espresso machine and the BSEOG180/181 2Hp air-conditioner with Go Clean Technology, MicroClean TM Filter, Gold Guard, ZoneFollow, 4D Auto Swing and HomeWhiz.

Beko appliances are available at 1st Megasaver, Abenson, All Home, Anson’s, Appliance Centrum, Asian Home Appliance, Automatic Centre, BHF, Echo Electrical, Fair N Square, Gloria Bazaar, Great World, Hat, J Marketing, Lazada, Magic Appliance, Manhattan Appliance, Mike’s Department Store, NB Marketing, Pricewise, RS David, Our Builders, Robinsons Appliance, Savers, Shopee, SM Appliance, Solidmark, SVC & Plusign, United Motoliance, and Western Appliance.

For more information about Beko in the Philippines, go to http://beko.ph or visit their Facebook page at https://www.facebook.com/bekoph and their Instagram page at https://www.instagram.com/bekoph/.

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Refrigeration Coolers Market Size, Share, Trends & Industry Growth Analysis Report 2029

The global refrigeration coolers market is expected to be valued at USD 4.19 billion in 2024 and is projected to reach USD 5.74 billion by 2029; it is expected to grow at a CAGR of 6.5% from 2024 to 2029 according to a new report by MarketsandMarkets™. The rising demand for refrigeration coolers can be attributed to increasing investments in refrigerated warehouses/cold storage, rising demand for frozen and processed foods worldwide, rising demand for innovative and compact refrigeration coolers, and growing adoption of natural refrigerant-based systems due to stringent regulatory policies. The scope of the said market includes three popular product types: condensers, compressors, and evaporators & air coolers.

[globalinsightblog]

"Direct Air Carbon Capture: The Future of Sustainability 🌍, Growing to $10.5 Billion by 2034"

Direct Air Carbon Capture (DACC) market focuses on technologies designed to extract carbon dioxide directly from the atmosphere. This market is central to climate change mitigation, reducing atmospheric CO2 levels, supporting sustainability goals, and generating revenue through carbon credits and industry partnerships for emission offsetting.

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The DACC market is rapidly growing due to escalating environmental concerns and the need for effective carbon reduction solutions. The solvent-based capture segment currently leads the market, thanks to its efficiency and technological advancements. The solid sorbent-based sub-segment follows closely, with its lower energy requirements and scalability offering significant potential.

Regionally, North America dominates the DACC market, driven by governmental support and technological innovation. Europe is a strong contender, propelled by strict regulatory frameworks and commitments to carbon neutrality. The United States and Germany are key players within these regions, benefiting from investments and proactive sustainable practices.

Market Segmentation:

Type: Solid Sorbent Systems, Liquid Solvent Systems

Products: Capture Units, Storage Units, Conversion Units, Monitoring Systems

Services: Installation, Maintenance, Consulting, Retrofitting

Technology: Adsorption, Absorption, Membrane Separation, Cryogenic Separation

Components: Reactors, Compressors, Pumps, Heat Exchangers

Applications: Industrial Emissions, Power Plants, Transportation, Agriculture, Building Materials

Deployment: Onshore, Offshore

End Users: Oil & Gas, Chemical Industry, Utilities, Manufacturing

Processes: Direct Air Capture, Post-Combustion Capture, Pre-Combustion Capture, Oxy-Fuel Combustion

Solutions: Turnkey, Customized, Modular

In 2023, the DACC market reached 1.2 million metric tons, with projections to hit 3 million metric tons by 2033. The industrial segment dominates with a 45% market share, driven by strict emissions regulations. Key players like Climeworks, Carbon Engineering, and Global Thermostat lead the charge with innovations enhancing efficiency and scalability.

#DirectAirCapture #CarbonCapture #ClimateChange #Sustainability #GreenTech #EnvironmentalInnovation #CO2Reduction #CarbonCredits #NetZero #CleanTech #IndustrialEmissions #CarbonNeutrality #EcoFriendly #RenewableEnergy #FutureOfEnergy #ClimateAction #CarbonSequestration #SustainableSolutions #GreenFuture #CarbonRemoval

[rushikesh-d]

Automotive Engine Belt & Hose Market To Witness the Highest Growth Globally in Coming Years

The report begins with an overview of the Automotive Engine Belt & Hose Market 2025 Size and presents throughout its development. It provides a comprehensive analysis of all regional and key player segments providing closer insights into current market conditions and future market opportunities, along with drivers, trend segments, consumer behavior, price factors, and market performance and estimates. Forecast market information, SWOT analysis, Automotive Engine Belt & Hose Market scenario, and feasibility study are the important aspects analyzed in this report.

The Automotive Engine Belt & Hose Market is experiencing robust growth driven by the expanding globally. The Automotive Engine Belt & Hose Market is poised for substantial growth as manufacturers across various industries embrace automation to enhance productivity, quality, and agility in their production processes. Automotive Engine Belt & Hose Market leverage robotics, machine vision, and advanced control technologies to streamline assembly tasks, reduce labor costs, and minimize errors. With increasing demand for customized products, shorter product lifecycles, and labor shortages, there is a growing need for flexible and scalable automation solutions. As technology advances and automation becomes more accessible, the adoption of automated assembly systems is expected to accelerate, driving market growth and innovation in manufacturing. Automotive Engine Belt & Hose Market Size, Share & Industry Analysis, By Belt Type (Timing Belt, Drive Belt), By Hose Type (Turbocharger, Heating/Cooling, Fuel Delivery, Steering, Braking), By Vehicle Type (Passenger Car, LCV, HCV) Others and Regional Forecast, 2021-2028

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Key Strategies

Key strategies in the Automotive Engine Belt & Hose Market revolve around optimizing production efficiency, quality, and flexibility. Integration of advanced robotics and machine vision technologies streamlines assembly processes, reducing cycle times and error rates. Customization options cater to diverse product requirements and manufacturing environments, ensuring solution scalability and adaptability. Collaboration with industry partners and automation experts fosters innovation and addresses evolving customer needs and market trends. Moreover, investment in employee training and skill development facilitates seamless integration and operation of Automotive Engine Belt & Hose Market. By prioritizing these strategies, manufacturers can enhance competitiveness, accelerate time-to-market, and drive sustainable growth in the Automotive Engine Belt & Hose Market.

Major Automotive Engine Belt & Hose Market Manufacturers covered in the market report include:

Some of the major companies that are present in the automotive engine belt & hose market include Toyoda Gosei Co. Ltd., Continental AG, Yokohama Rubber Co. Ltd., Sumitomo Riko Co. Ltd., Pinafore Holdings B.V., Schaeffler AG, Cooper Standard Holdings Inc., Bando Chemical Industries Ltd., Hutchinson SA. and Nichirin Co. Ltd. among the other players.

Hoses are made up of various materials depending on their application inside the vehicle. In recent years serpentine belts are used to deliver power to the cooling fan, air conditioning compressor, power steering pump, and air injector pump.

Trends Analysis

The Automotive Engine Belt & Hose Market is experiencing rapid expansion fueled by the manufacturing industry's pursuit of efficiency and productivity gains. Key trends include the adoption of collaborative robotics and advanced automation technologies to streamline assembly processes and reduce labor costs. With the rise of Industry 4.0 initiatives, manufacturers are investing in flexible and scalable Automotive Engine Belt & Hose Market capable of handling diverse product portfolios. Moreover, advancements in machine vision and AI-driven quality control are enhancing production throughput and ensuring product consistency. The emphasis on sustainability and lean manufacturing principles is driving innovation in energy-efficient and eco-friendly Automotive Engine Belt & Hose Market Solutions.

Regions Included in this Automotive Engine Belt & Hose Market Report are as follows:

North America [U.S., Canada, Mexico]

Europe [Germany, UK, France, Italy, Rest of Europe]

Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]

South America [Brazil, Argentina, Rest of Latin America]

Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

Significant Features that are under offering and key highlights of the reports:

- Detailed overview of the Automotive Engine Belt & Hose Market.

- Changing the Automotive Engine Belt & Hose Market dynamics of the industry.

- In-depth market segmentation by Type, Application, etc.

- Historical, current, and projected Automotive Engine Belt & Hose Market size in terms of volume and value.

- Recent industry trends and developments.

- Competitive landscape of the Automotive Engine Belt & Hose Market.

- Strategies of key players and product offerings.

- Potential and niche segments/regions exhibiting promising growth.

Frequently Asked Questions (FAQs):

► What is the current market scenario?

► What was the historical demand scenario, and forecast outlook from 2025 to 2032?

► What are the key market dynamics influencing growth in the Global Automotive Engine Belt & Hose Market?

► Who are the prominent players in the Global Automotive Engine Belt & Hose Market?

► What is the consumer perspective in the Global Automotive Engine Belt & Hose Market?

► What are the key demand-side and supply-side trends in the Global Automotive Engine Belt & Hose Market?

► What are the largest and the fastest-growing geographies?

► Which segment dominated and which segment is expected to grow fastest?

► What was the COVID-19 impact on the Global Automotive Engine Belt & Hose Market?

Table Of Contents:

1 Market Overview

1.1 Automotive Engine Belt & Hose Market Introduction

1.2 Market Analysis by Type

1.3 Market Analysis by Applications

1.4 Market Analysis by Regions

1.4.1 North America (United States, Canada and Mexico)

1.4.1.1 United States Market States and Outlook 

1.4.1.2 Canada Market States and Outlook 

1.4.1.3 Mexico Market States and Outlook 

1.4.2 Europe (Germany, France, UK, Russia and Italy)

1.4.2.1 Germany Market States and Outlook

1.4.2.2 France Market States and Outlook 

1.4.2.3 UK Market States and Outlook

1.4.2.4 Russia Market States and Outlook 

1.4.2.5 Italy Market States and Outlook 

1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

1.4.3.1 China Market States and Outlook

1.4.3.2 Japan Market States and Outlook 

1.4.3.3 Korea Market States and Outlook 

1.4.3.4 India Market States and Outlook 

1.4.3.5 Southeast Asia Market States and Outlook 

1.4.4 South America, Middle East and Africa

1.4.4.1 Brazil Market States and Outlook

1.4.4.2 Egypt Market States and Outlook 

1.4.4.3 Saudi Arabia Market States and Outlook 

1.4.4.4 South Africa Market States and Outlook 

1.5 Market Dynamics

1.5.1 Market Opportunities

1.5.2 Market Risk

1.5.3 Market Driving Force

2 Manufacturers Profiles

Continued…

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[dataproviderindia]

Air Compressor Manufacturers in India

Compressors increase the pressure of a gas by reducing its volume. One form of gas compressor is an air compressor. Compressing a gas reduces its volume because gases are compressible. The primary function of a pump is to pressurise and move liquids. However, some liquids can be compressed.

The prevalence of compressors to create compressed air is growing rapidly. Due to their adaptability, feasibility, and affordability, air compressors are increasingly being used in a wide range of industries. As a result, there is a growing need for air compressors in the market. This growing demand has led to many air compressor manufacturers in India gearing up to meet the needs of multiple sectors. Here are the top list of manufacturing companies in India for air compressor. are given below.

Top 5 Air Compressor Manufacturers in India

Indo Air

Indo Air was one of several companies with the same name, starting in 1977. When they started, they had OEMs (Original Equipment Manufacturers) as their only customers. They started selling vacuum pumps and compressors under their own brand later that year, i.e. in 1998. Since then, the company has scaled new heights. The air compressors manufactured by this company are famous not just in India but all over the world. All their products guarantee quality and performance acceptance, meeting national and international standards.

BAC Compressor

In the country, one of the leading air compressor manufacturers and suppliers is BAC Compressor. The company was founded in 1979, and its five decades of success speak for itself.

MK Engineering

The primary goal of the organization is to provide its customers with the best possible equipment. MK Engineering has the widest selection of air compressors in the industry. Being a renowned name in the country, they have a huge market share outside as well.

ELGI Equipment’s

If you are looking for creative and technologically advanced air compressor systems then Elgi Equipment Ltd. is the best choice. Elgi specializes in a wide range of air compressors. Elgi Equipment Ltd. can supply you a rotary air compressor or a reciprocating air compressor oiled or unoiled depending on your needs. As of now, they are dealing with almost 400 different products.

Paras Compressors

Paras Compressors is one of the most prominent air compressor manufacturers in India. Air compressors made by Paras Compressor are known for their small size and ease of use, making them ideal for homeowners and small businesses alike.

Note: Are you looking for top manufacturing companies database with all major details about an organization. Here are the top manufacturing companies data list are given below.

List of manufacturing companies in Kerala | List of Manufacturing companies in Kochi | list of manufacturing companies in Surat | list of manufacturing companies in Mumbai | list of manufacturing companies in Pondicherry

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[abhigmi]

Industrial Air Compressor Market is Poised to Achieve Continuing Growth During Forecast Period 2023-2032

The global industrial air compressor market is slated to proliferate substantially through 2032 owing to the growing technological advancements in the air compressor field. In addition, the advancing manufacturing industry in the United States is likely to bolster industrial growth over the forecast timeframe.

Leading companies in industrial air compressor market are involved in mergers and acquisitions for overseas expansion. They are also introducing innovative products and heavily investing in R&D activities to fuel industrial growth. For instance, in January 2021, Atlas Copco announced the takeover of Kawalek Kompressoren, a Germany-based compressed air distributor as well as a service provider.

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The industrial air compressor market has been segmented in terms of product, technology, power capacity, lubrication, applications, and region.

Based on the product, the stationary segment is set to grow significantly over the review timeline due to the high power capacity which is in turn capable of supplying more air during higher pressures.

With respect to technology, the centrifugal segment is expected to grow steadily by the end of 2032 credited to the performance characteristics which are largely affected by the fluctuations in gas conditions.

In terms of power, up to 15 kW segment is projected to showcase a more than 7% CAGR, capturing a business share of more than $1.5 billion over 2023-2032. This can be attributed to the product's low capacity as well as nominal use in end-user industries like pharma, food & beverage, etc.

Meanwhile, more than 500 kW segment is estimated to expand at a 6% growth rate, recording a valuation of more than $5.5 billion over the forthcoming period. The growth can be credited to the enormous capacity and significant product demand from heavy industries like oil & gas, automotive, mining, and energy.

Based on lubrication, the oil free segment is speculated to foresee a substantial expansion rate through 2032 ascribed to the growing need for clean and uncontaminated air.

With regards to applications, the food & beverage segment is set to depict a 7% CAGR, capturing a revenue share of more than $1 billion by the end of the review timeline. The expansion can be driven by an increase in the need for consistent and contaminant-free compressed air by food and beverage manufacturers for several industrial jobs.

Meanwhile, the oil & gas segment is poised to register a 6% growth rate and be valued at more than $1 billion through the projected timeframe. This is likely to be propelled by the continuous requirement to supply a consistent flow of compressed air for long periods of time.

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From the regional perspective, Europe industrial air compressor industry is subjected to showcase a more than 6% CAGR and more than $4 billion market valuation over the estimated timeline.

On the other hand, Middle East & Africa industrial air compressor market is set to witness around 5% CAGR and over $800 million valuation 2032 end, attributed to the expansion of mining and oil & gas exploration operations in the MEA region.

Table of Contents (ToC) of the report:

Chapter 1   Methodology and Scope

1.1    Scope & definitions

1.2    Methodology, market estimations & forecast parameter

1.3    COVID-19 impact calculations on industry forecast

1.4    Data sources

1.4.1    Primary

1.4.2    Secondary

1.5    Industry Glossary

Chapter 2   Executive Summary

2.1    Industrial air compressor market 3600 synopsis, 2018 - 2032

2.1.1    Business trends

2.1.2    Product trends

2.1.3    Technology trends

2.1.4    Lubrication trends

2.1.5    Power trends

2.1.6    Application trends

2.1.7    Regional trends

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/industrial-air-compressor-market

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Aashit Tiwari

Corporate Sales, USA

Global Market Insights Inc.

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