Portable Air Compressor Market

Market Insights

"The Portable Air Compressor Market was estimated at USD 1.77 billion in 2022 and is likely to grow at a CAGR of 7.56% during 2023-2028 to reach USD 2.75 billion in 2028".

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Market Dynamics

Introduction

Portable air compressor is a device which produces compressed air for their usage at various applications of the industry. Some of the common applications of this type of compressors are construction sites, road works, and painting of automotive vehicles.

Portable air compressor can be moved conveniently from one place to another. Thus, it is used for mobile applications where stationary compressors are not suitable for use.

Market Drivers

Organic growth in various end-use industries coupled with rapid advancements in the market is likely offer healthy growth opportunities in the market over the next five years.

Segments Analysis

By Technology Type

“The rotary air compressor segment is estimated to dominate the market till 2028”.

• The market is segmented as metal to rotary, reciprocating, and centrifugal.
• The rotary air compressor segment is estimated to dominate the market till 2028, owing to its various benefits over other technology types, such as easy operation, lower maintenance, and capability to operate under critical operating conditions.

By Application Type

“The industrial segment is likely to remain the largest application of the market during the forecast period”.

• The portable air compressor market is segmented as housing applications, food & beverage, oil & gas, energy, semiconductors & electronics, industrial, mining & construction, healthcare, municipal, and others.
• The industrial segment is likely to remain the largest application of the market during the forecast period, owing to wider applicability of air compressors in different manufacturing and processing industries.

Regional Analysis

“Asia-Pacific is estimated to be the largest market and is also expected to register the highest growth in the market, fueled by high demand in China, India and Japan”.

• The dominance of the region is attributed to large customer base in the region with rapid growth in industrialization, construction, and infrastructural development.
• China is one of the major markets in the world for consumer appliances, electrical & electronics, mining & construction, and industrial sectors.

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Key Players

The following are the key players in the Portable Air Compressor Market (arranged alphabetically).

• Atlas Copco AB
• Ciasons Industrial, Inc.
• Doosan Portable Power
• Elgi Equipments Ltd.
• Ingersoll Rand Inc.
• KAESER KOMPRESSOREN SE
• Rolair Systems
• Sullair, LLC
• Sullivan-Palatek, Inc.
• Teweite Power Technology Co., Ltd.

 Note: The above list does not necessarily include all the top players in the market.

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Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

The portable air compressor market is segmented into the following categories:

By Technology Type:

• Rotary
  • (By Technology Type Analysis: Screw, Scroll, and Others)
• Reciprocating
• Centrifugal

By Lubrication Type:

• Oil Free
• Oil Filled

By Application Type:

• Housing Applications
• Food & Beverage
• Oil & Gas
• Energy
• Semiconductors & Electronics
• Industrial
• Mining & Construction
• Healthcare
• Municipal

By Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Research Methodology

• This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data.
• We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the application types by technology type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.