Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Industrial Air Compressors Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.8% during the review period (2022 to 2027).
The rising adoption of variable-speed systems, low maintenance cost, effective operation, and retrofitting for existing systems are some aspects boosting the demand for air compressors across key end-use industries. Energy-efficient compressors are witnessing a surge in demand owing to their cost-effective operations. However, the rising number of gas compressor stations has led to growing concerns around air quality. Hence, air monitoring systems are widely being installed for measuring the impact of air and gas compressors. Furthermore, the subsequent introduction of non-oil and gas-based projects, and continuous investments in the industry, is driving the demand for air compressors.
Industry Developments:
Howden completes acquisition of Compressor Products International
23 December 2021: Scotland-based global provider of air and gas handling products Howden has strengthened its ranks following the acquisition of Compressor Products International (CPI), a leading provider of aftermarket reciprocating compressors.
The Foldable Intermediate Bulk Containers (IBC) Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes Ariel Corporation, Howden Group Ltd., IHI Corporation, Ltd, Kaeser Kompressoren Co., Ltd., Kobe Steel, Ltd, Mayekawa Mfg. Co., LTD, Mikuni Kikai Kogyo Co., LTD., Mitsui E&S Holdings Co., Ltd, Siemens AG, The Japan Steel Works, LTD., Hitachi Ltd, Ingersoll Rand Inc., Parker Hannifin Corporation, Elgi Equipments, Mitsubishi Heavy Industries Ltd., Sulzer Ltd., Danfoss A/S and others.
Industrial Air Compressors Market is segmented based on the Types , applications, End users, companies and regions.
India and China are accepting industrial air compressors in petrochemical and oil and gas plants due to the increasing demand for petrochemical/chemical products in these countries. Infrastructure projects and rapid urbanization planning is gaining pace in APAC, which is likely to continue over the forecast period. Such activities are anticipated to fuel the demand for industrial air compressors.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 5.8% during the review period (2022 to 2027). |
By Technology |
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By End Use |
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By Companies | Ariel Corporation, Howden Group Ltd., IHI Corporation, Ltd, Kaeser Kompressoren Co., Ltd., Kobe Steel, Ltd, Mayekawa Mfg. Co., LTD, Mikuni Kikai Kogyo Co., LTD., Mitsui E&S Holdings Co., Ltd, Siemens AG, The Japan Steel Works, LTD., Hitachi Ltd, Ingersoll Rand Inc., Parker Hannifin Corporation, Elgi Equipments, Mitsubishi Heavy Industries Ltd., Sulzer Ltd., Danfoss A/S |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 110 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Industrial Air Compressors Market is studied from 2017 - 2027.
What is the growth rate of Industrial Air Compressors Market?
The Industrial Air Compressors Market is growing at a CAGR of 5.8% over the next 5 years.
Who are the leading key players in Industrial Air Compressors Market?
Ariel Corporation, Howden Group Ltd., IHI Corporation, Ltd, Kaeser Kompressoren Co., Ltd., Kobe Steel, Ltd, Mayekawa Mfg. Co., LTD, Mikuni Kikai Kogyo Co., LTD., Mitsui E&S Holdings Co., Ltd, Siemens AG, The Japan Steel Works, LTD., Hitachi Ltd, Ingersoll Rand Inc., Parker Hannifin Corporation, Elgi Equipments, Mitsubishi Heavy Industries Ltd., Sulzer Ltd., Danfoss A/S
What regions regions does this Industrial Air Compressors Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant Technology of Industrial Air Compressors Market?
Rotary, Reciprocating, Centrifugal, Axial
What are the significant End Use of Industrial Air Compressors Market?
Automotive and Transportation, Oil and Gas, Power Generation, Chemicals, Food and Beverages, Pharmaceuticals, Mining and Metals, Industrial Air Separation, Other manufacturing
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
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MARKET ENGINEERING
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