Additionally, the shifting preferences among manufacturers toward high-performance portable products, on account of their noise and vibration-free property and the growing requirement in the oil and gas segment to maintain the gas flow in pipelines, are expected to fuel the air compressor market in the coming years.Īir Compressor Market 2022-2027 Competitive Analysis and Segmentation: Moreover, the escalating integration of rotary compressors in manufacturing facilities to ensure enhanced energy efficiency and operational reliability is also positively influencing the global market. Besides this, the increasing product demand from the food and beverage industry, owing to stringent regulations on food safety and health, is acting as another significant growth-inducing factor. The elevating purchase of consumer electronics across the globe is primarily driving the air compressor market. As a result, air compressor variants find extensive applications across numerous sectors, including manufacturing, food and beverages, home appliances, oil and gas, semiconductors and electronics, healthcare, energy, etc.Ĭheck Out What’s New in the Air Compressor Market: They are interchangeable, easy to use, aid in reducing disposable waste, and provide continuous compression to facilitate optimized transportation of fluids and gases in cooling machines. These air compressor models comprise of a cylinder head, cooling water jacket, delivery valve, compressor casing, main bearings, piston, crankshaft, and inter and after coolers. By mode of operation, they can be segmented into reciprocating or piston, rotary or screw, and centrifugal categories.
This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.Ī Closer Look at the Global Air Compressor Market Size | 2022Īir compressor refers to pneumatic, mechanical devices that utilize kinetic energy from the compacted gasses stored in pressurized air to offer the required amount of energy to multiple equipment and machinery. Looking forward, IMARC Group expects the market to reach US$ 21.81 Bn by 2027, exhibiting a growth rate (CAGR) of 4.10% during 2022-2027.
According to IMARC Group’s latest report, “ Air Compressor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global air compressor market size reached US$ 16.84 Bn in 2021.
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