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Air Compressor Market Trends, Segmentation, Future Plans and Forecast to 2030

Air Compressor Market size was valued at USD 27.38 Bn in 2023 and is expected to reach USD 38.63 Bn by 2030, at a CAGR of 5.04 %.

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Air Compressor Market Trends, Segmentation, Future Plans and Forecast to 2030

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  1. AIR COMPRESSOR MARKET GLOBAL ANALYSIS REPORT 2024-2030 Published by: Kadambari Jedhe

  2. Market Size & Overview: ​The global air compressor market was valued at USD 27.38 billion in 2023 and is projected to reach USD 38.63 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.04%. Air compressors are versatile devices that convert power into potential energy stored in pressurized air, finding applications across various industries such as manufacturing, oil and gas, energy and power, electronics, healthcare, and food and beverages. Their uses range from powering pneumatic tools and controlling processes to ensuring efficientoperations in automated systems.

  3. Market Growth & Opportunities The market's growth is driven by industrial expansion and the increasing trend toward automation, which elevates the demand for air compressors in enhancing productivity and reducing manual labor. Technological advancements have led to the development of energy-efficient and eco-friendly air compressors, aligning with global sustainability initiatives and further propelling market growth. Additionally, the rising need for compressed air in diverse applications, including cleaning, pneumatic device operations, and gas generation,contributes to the market's expansion. Sample Request

  4. Market Segmentation by Type by Power Range • Stationary • Below 100 kW • Portable • 100 kW to 500 kW • Above 500 kW by Technology • Reciprocating by Application • Rotary • Food & Beverage • Centrifugal • Oil & Gas • Manufacturing • Power Generation • Automotive • Others

  5. Regional Analysis: North America: The region holds a significant share of the air compressor market, driven by demand from major industries such as manufacturing, healthcare, energy, and oil and gas. The U.S. and Canada have near-saturated markets, maintaining steady demand without evident decline. Europe: The European market is anticipated to grow at a lucrative rate, emphasizing energy efficiency and sustainability. Stricter environmental regulations and climate change concerns have led industries to adopt energy-efficientair compressor solutions. Asia-Pacific (APAC): APAC is witnessing tremendous industrial growth, with countries like China and India investing heavily in manufacturing and infrastructure. The region's expanding oil and gas industry and a broad industrial base for electronics manufacturing drive the demand for air compressors.

  6. Regional Analysis Regional Analysis 2025-2030 South America Middle East and Africa North America Asia Pacific Europe Customized Report Request

  7. Merges and Acquisition 1. In April 2023, Atlas Copco announced the acquisition of the compressed air business division of Asven S.R.L., a specialist in the service, installation, and sales of compressed air systems. 2. In April 2023, Honeywell acquired Compressor Controls Corporation for USD 670 million, aiming to strengthen its position in automation, industrial control, and process solutions. 3. In November 2023, Copeland announced an undisclosed regional investment to expand the productionof CO₂ (R-744), a naturalrefrigerant, in Rushville, Indiana. Buy This Report

  8. Thank You Get In Touch with US: MAXIMIZE MARKET RESEARCH PVT. LTD. 3rd Floor, Navale IT park Phase 2, Pune Banglore Highway, Narhe Pune, Maharashtra 411041, India. +91 9607365656 sales@maximizemarketresearch.com

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