Global Air Compressor Market Size & Outlook, 2024-2030
Global air compressor market, 2018-2030 (US$M)
Related Markets
Global air compressor market highlights
- The global air compressor market generated a revenue of USD 25,461.6 million in 2023 and is expected to reach USD 34,993.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.6% by 2030.
- In terms of segment, stationary accounted for a revenue of USD 15,404.2 million in 2023.
- Portable is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 25,461.6 million |
| Market revenue in 2030 | USD 34,993.4 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Stationary |
| Fastest growing segment | Portable |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Stationary, Portable |
Other key industry trends
- In terms of revenue, the North America accounted for 18.4% of the global air compressor market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 4,154.2 million by 2030.
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Air Compressor Market Scope
Air Compressor Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global air compressor market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to air compressor market will help companies and investors design strategic landscapes.
Stationary was the largest segment with a revenue share of 60.5% in 2024. Horizon Databook has segmented the Global air compressor market based on stationary, portable covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Air Compressor Type Outlook (Revenue, USD Million, 2018-2030)
- Stationary
- Portable
- Global Air Compressor Product Outlook (Revenue, USD Million, 2018-2030)
- Reciprocating
- Rotary/Screw
- Centrifugal
- Global Air Compressor Lubrication Outlook (Revenue, USD Million, 2018-2030)
- Oil Free
- Oil Filled
- Global Air Compressor Application Outlook (Revenue, USD Million, 2018-2030)
- Manufacturing
- Food & Beverage
- Semiconductor & Electronics
- Healthcare/Medical
- Oil & Gas
- Home Appliances
- Energy
- Other Applications
- Global Air Compressor Operating Mode Outlook (Revenue, USD Million, 2018-2030)
- Electric
- Internal Combustion Engine
- Global Air Compressor Power Range Outlook (Revenue, USD Million, 2018-2030)
- up to 20 kW
- 21-50 kW
- 51-250 kW
- 251-500 kW
- over 500 kW
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Target buyers of Global air compressor market databook
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Our clientele includes a mix of air compressor market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global air compressor market , including forecasts for subscribers. This global databook contains high-level insights into Global air compressor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global air compressor market size, by regions, 2018-2030 (US$M)
Top 10 countries: Air compressor market size, 2024 (US$M)
Global air compressor market share, by type, 2024 & 2030 (%, US$M)
Air compressor market: Opportunity assessment by country
Global air compressor market, by region, 2024 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 4,267.8 | 4,454.6 | 4,317.9 | 4,331.9 | 4,517.3 | 4,678.1 | 4,818.9 | 4,981.3 | 5,142.4 | 5,302.2 | 5,511.4 | 5,737.6 | 5,955.3 | 3.6% |
| Europe | 6,022.2 | 6,257.8 | 6,038.3 | 6,122.6 | 6,258.9 | 6,463.7 | 6,685.5 | 6,953.9 | 7,287.4 | 7,587.2 | 7,888.1 | 8,179.1 | 8,455.0 | 4.0% |
| Asia Pacific | 8,722.7 | 9,338.9 | 9,283.0 | 9,374.7 | 10,206.3 | 10,717.4 | 11,271.5 | 11,865.8 | 12,509.0 | 13,212.0 | 13,994.0 | 14,844.8 | 15,787.5 | 5.8% |
| Latin America | 1,279.2 | 1,332.7 | 1,289.5 | 1,314.6 | 1,344.6 | 1,390.3 | 1,445.4 | 1,537.4 | 1,616.4 | 1,670.2 | 1,728.2 | 1,793.2 | 1,859.3 | 4.3% |
| MEA | 1,877.1 | 1,968.8 | 1,917.8 | 1,991.6 | 2,027.0 | 2,212.1 | 2,346.8 | 2,408.0 | 2,452.4 | 2,573.4 | 2,666.0 | 2,777.9 | 2,936.2 | 3.8% |
| Overall | 22,169.0 | 23,352.8 | 22,846.5 | 23,135.4 | 24,354.0 | 25,461.6 | 26,568.0 | 27,746.4 | 29,007.5 | 30,345.1 | 31,787.6 | 33,332.6 | 34,993.4 | 4.7% |
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