CHICAGO, Feb. 7, 2023 /PRNewswire/ -- According to Arizton's latest research report, the portable air compressor market will grow at a CAGR of 5.35% during 2022-2028. The expansion of the construction industry is significantly boosting the demand for pneumatic tools designed for such activities, which require separate power sources (compressors). Hence, the increased demand from the construction industry has been pushing the demand for portable air compressors in recent years. Moreover, farmers are investing a significant amount in portable air compressors to enhance their farming activities and make their work a little easier, as these compressors are easily movable and require low maintenance. Hence, boosting the growth of the market.
Manufacturers are looking for smart IoT systems that provide the most accurate and real-time operational data for their equipment used in residential, industrial, or commercial sectors. It brings the demand for a more robust IoT network that enables data sharing. Therefore, advances and development in new technologies have revolutionized the market. Hence, constant efforts to develop new features and technology for compressors are expected to create new opportunities to expand the portable air compressors market in the upcoming years.
Portable Air Compressor Market Report Scope
Report Attributes | Details |
Market Size (2028) | USD 1.58 Billion |
Market Size (2022) | USD 1.16 Billion |
CAGR (2022-2028) | 5.35 % |
Market Size by Shipments (2028) | 9 Million Units |
Base Year | 2022 |
Forecast Year | 2023-2028 |
Market Segmentation | Product Type, Lubrication Type, Airflow Type, Fuel Type, End-user Type, and Geography |
Geographic Analysis | North America, Europe, APAC, Latin America, and Middle East & Africa |
Key Countries | The US, Canada, Germany, the UK, Italy, France, Spain, China, Japan, South Korea, India, Australia, Brazil, Mexico, Argentina, South Africa, the UAE Saudi Arabia |
Key Leading Countries | Atlas Copco, Gardner Denver, Kaeser Kompressoren, Ingersoll-Rand, Sullair, LLC, Deere & Company, Rolair Systems, Doosan Portable Power, Sullivan-Palatek Inc., Hubei Teweite Power Technology Co., Ltd., Elgi Compressors USA, Inc., CIASONS, MAT Holding, Inc., Quincy Compressor, Vanair Manufacturing, BAC Compressor, SeaComAir, and JSC Remeza |
Market Dynamics | ·Integration in Compressor with Technology ·Increasing Utilization of Compressors in Construction Activities ·Increasing Utilization of Compressors in Households |
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APAC to lead the Portable Air Compressors Market
The portable air compressors market in APAC was valued at USD 546.29 million in 2022, and the market revenue is expected to increase in the upcoming years. Manufacturers of electric portable air compressors are witnessing huge growth in APAC and are customizing their products to suit urban living environments with compact spaces. These products are also lightweight and sustainable. Thus, quieter products are highly in demand across APAC. Vendors in the market are developing cost-effective models for price-sensitive customers in countries such as South Korea and India.
Moreover, the demand for better efficiency equipment will witness rapid growth due to the rise in consumer awareness in the region. Japan and China will focus on acquiring machinery that is advanced and versatile. In contrast, in markets such as South Korea and India, basic models with high efficiency will contribute to market growth. Electric portable air compressors are popular in developed countries in the region and are expected to witness growth in the near future.
Upcoming Growth Opportunities
The manufacturers are emphasizing manufacturing energy-efficient compressors by adopting VFD and VSD technologies, which enables them to save huge amounts of energy on their products in the portable air compressor market. For instance, Atlas Copco's GA 7-110 VSD+ is an innovative oil-injected compressor that took energy efficiency to a new level with an approximately 50% reduction in energy consumption. Hence, such adoption of energy-efficient technologies is providing an opportunity to the manufacturers during the forecast period.
Further, according to the report by the Department of Business, Energy, and Industrial Strategies state that compressed air systems are one of the large consumers of energy, consuming around 10% of all industrial electrical consumption or 8.8 TWh each year, which results in CO2 emissions of 3,100 kt/year. Hence, such factors are expected to encourage the adoption of energy-efficient electric portable air compressors during the forecast period.
Key Vendors
- Atlas Copco
- Gardner Denver
- Kaeser Kompressoren
- Ingersoll-Rand
- Sullair, LLC
- Deere & Company
- Rolair Systems
- Doosan Portable Power
- Sullivan-Palatek Inc.
- Hubei Teweite Power Technology Co., Ltd.
- Elgi Compressors USA, Inc.
- CIASONS
- MAT Holding, Inc.
- Quincy Compressor
- Vanair Manufacturing
- BAC Compressor
- SeaComAir
- JSC Remeza
Market Segmentation
Product Type
- Reciprocating
- Rotary Screw
- Centrifugal
- Axial
Lubrication Type
- Oil-Injected
- Oil-Free
Airflow Type
- Below 400 CFM
- 400-800 CFM
- Above 800 CFM
Fuel Type
- Conventional
- Electric
End-user Type
- Manufacturing
- Construction
- Pharmaceutical/Healthcare
- Automotive
- Power Generation
- Oil & Gas
- Agriculture
- Others
Geography
- North America
- The US
- Canada
- Europe
- Germany
- The UK
- Italy
- France
- Spain
- APAC
- China
- Japan
- South Korea
- India
- Australia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- The UAE
- Saudi Arabia
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Table of Content
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 MARKET DEFINITION
4.1.1 INCLUSIONS
4.1.2 EXCLUSIONS
4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
4.1 MARKET SEGMENTATION
4.1.1 MARKET SEGMENTATION BY PRODUCT TYPE
4.1.2 MARKET SEGMENTATION BY LUBRICATION TYPE
4.1.3 MARKET SEGMENTATION BY AIRFLOW TYPE
4.1.4 MARKET SEGMENTATION BY FUEL TYPE
4.1.5 MARKET SEGMENTATION BY END-USER TYPE
4.1.6 MARKET SEGMENTATION BY GEOGRAPHY
5 REPORT ASSUMPTIONS & CAVEATS
5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 MARKET AT A GLANCE
7 PREMIUM INSIGHTS
7.1 MARKET OVERVIEW
7.2 FUTURE GROWTH OPPORTUNITIES
7.3 SEGMENTATION INSIGHTS
7.4 GEOGRAPHICAL INSIGHTS
7.5 VENDOR LANDSCAPE
8 INTRODUCTION
8.1 OVERVIEW
8.2 BENEFITS OF PORTABLE AIR COMPRESSORS
8.2.1 LESS NOISE
8.2.2 VERSATILE
8.2.3 POWER SOURCE
8.2.4 COMPACT
8.3 CODE OF FEDERAL REGULATIONS
8.3.1 APPLICABILITY
8.3.2 NOISE EMISSIONS STANDARDS
8.3.3 TEST PROCEDURES
8.4 INITIATIVES TO CURB INDUSTRIAL GREENHOUSE EFFECT
8.5 ECONOMY SCENARIO
8.6 VALUE CHAIN
8.6.1 RAW MATERIALS
8.6.2 MANUFACTURERS/VENDORS
8.6.3 DEALERS/DISTRIBUTORS
8.6.4 RETAILERS
8.6.5 END-USERS
9 IMPORT & EXPORT STATISTICS
10 MARKET OPPORTUNITIES & TRENDS
10.1 GROWING DEMAND FOR ENERGY-EFFICIENT COMPRESSORS
10.2 ADVANCES IN BATTERY TECHNOLOGY
10.3 GROWING INCLINATION TOWARD SUSTAINABILITY
11 MARKET GROWTH ENABLERS
11.1 INTEGRATION OF TECHNOLOGY IN COMPRESSORS
11.2 INCREASE IN USE OF COMPRESSORS IN CONSTRUCTION ACTIVITIES
11.3 INCREASE IN USE OF COMPRESSORS IN HOUSEHOLDS
12 MARKET RESTRAINTS
12.1 EFFECTS OF DIESEL CONSUMPTION
12.2 VOLATILITY IN RAW MATERIAL PRICES
13 MARKET LANDSCAPE
13.1 MARKET OVERVIEW
13.2 FIVE FORCES ANALYSIS
13.2.1 THREAT OF NEW ENTRANTS
13.2.2 BARGAINING POWER OF SUPPLIERS
13.2.3 BARGAINING POWER OF BUYERS
13.2.4 THREAT OF SUBSTITUTES
13.2.5 COMPETITIVE RIVALRY
14 PRODUCT TYPE
14.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
14.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
14.3 MARKET OVERVIEW
14.4 MARKET SIZE & FORECAST
14.5 RECIPROCATING
14.5.1 MARKET OVERVIEW
14.5.2 MARKET SIZE & FORECAST
14.5.3 MARKET BY GEOGRAPHY
14.6 ROTARY SCREW
14.6.1 MARKET OVERVIEW
14.6.2 MARKET SIZE & FORECAST
14.6.3 MARKET BY GEOGRAPHY
14.7 CENTRIFUGAL
14.7.1 MARKET OVERVIEW
14.7.2 MARKET SIZE & FORECAST
14.7.3 MARKET BY GEOGRAPHY
14.8 AXIAL
14.8.1 MARKET OVERVIEW
14.8.2 MARKET SIZE & FORECAST
14.8.3 MARKET BY GEOGRAPHY
15 LUBRICATION TYPE
15.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
15.2 MARKET SNAPSHOT & GROWTH RATE (VOLUME)
15.3 MARKET OVERVIEW
15.4 MARKET SIZE & FORECAST
15.5 OIL-INJECTED
15.5.1 MARKET OVERVIEW
15.5.2 MARKET SIZE & FORECAST
15.5.3 MARKET BY GEOGRAPHY
15.6 OIL-FREE
15.6.1 MARKET OVERVIEW
15.6.2 MARKET SIZE & FORECAST
15.6.3 MARKET BY GEOGRAPHY
16 AIRFLOW TYPE
16.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
16.2 MARKET SNAPSHOT & GROWTH RATE (VOLUME)
16.3 MARKET OVERVIEW
16.4 MARKET SIZE & FORECAST
16.5 BELOW 400 CFM
16.5.1 MARKET OVERVIEW
16.5.2 MARKET SIZE & FORECAST
16.5.3 MARKET BY GEOGRAPHY
16.6 400-800 CFM
16.6.1 MARKET OVERVIEW
16.6.2 MARKET SIZE & FORECAST
16.6.3 MARKET BY GEOGRAPHY
16.7 ABOVE 800 CFM
16.7.1 MARKET OVERVIEW
16.7.2 MARKET SIZE & FORECAST
16.7.3 MARKET BY GEOGRAPHY
17 FUEL TYPE
17.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
17.2 MARKET SNAPSHOT & GROWTH RATE (VOLUME)
17.3 MARKET OVERVIEW
17.4 MARKET SIZE & FORECAST
17.5 CONVENTIONAL
17.5.1 MARKET OVERVIEW
17.5.2 MARKET SIZE & FORECAST
17.5.3 MARKET BY GEOGRAPHY
17.6 ELECTRIC
17.6.1 MARKET OVERVIEW
17.6.2 MARKET SIZE & FORECAST
17.6.3 MARKET BY GEOGRAPHY
18 END-USER TYPE
18.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
18.2 MARKET SNAPSHOT & GROWTH RATE (VOLUME)
18.3 MARKET OVERVIEW
18.4 MARKET SIZE & FORECAST
18.5 MANUFACTURING
18.5.1 MARKET OVERVIEW
18.5.2 MARKET SIZE & FORECAST
18.5.3 MARKET BY GEOGRAPHY
18.6 CONSTRUCTION
18.6.1 MARKET OVERVIEW
18.6.2 MARKET SIZE & FORECAST
18.6.3 MARKET BY GEOGRAPHY
18.7 PHARMACEUTICAL & HEALTHCARE
18.7.1 MARKET OVERVIEW
18.7.2 MARKET SIZE & FORECAST
18.7.3 MARKET BY GEOGRAPHY
18.8 AUTOMOTIVE
18.8.1 MARKET OVERVIEW
18.8.2 MARKET SIZE & FORECAST
18.8.3 MARKET BY GEOGRAPHY
18.9 POWER GENERATION
18.9.1 MARKET OVERVIEW
18.9.2 MARKET SIZE & FORECAST
18.9.3 MARKET BY GEOGRAPHY
18.10 OIL & GAS
18.10.1 MARKET OVERVIEW
18.10.2 MARKET SIZE & FORECAST
18.10.3 MARKET BY GEOGRAPHY
18.11 AGRICULTURE
18.11.1 MARKET OVERVIEW
18.11.2 MARKET SIZE & FORECAST
18.11.3 MARKET BY GEOGRAPHY
18.12 OTHERS
18.12.1 MARKET OVERVIEW
18.12.2 MARKET SIZE & FORECAST
18.12.3 MARKET BY GEOGRAPHY
19 GEOGRAPHY
19.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
19.2 MARKET SNAPSHOT & GROWTH RATE (VOLUME)
19.3 GEOGRAPHIC OVERVIEW
20 APAC
20.1 MARKET OVERVIEW
20.2 MARKET SIZE & FORECAST
20.2.1 PRODUCT TYPE
20.2.2 LUBRICANT TYPE
20.2.3 AIRFLOW TYPE
20.2.4 FUEL TYPE
20.2.5 END-USER TYPE
20.3 KEY COUNTRIES
20.3.1 MARKET SNAPSHOT & GROWTH RATE (VALUE)
20.3.2 MARKET SNAPSHOT & GROWTH RATE (VOLUME)
20.3.3 CHINA: MARKET SIZE & FORECAST
20.3.4 JAPAN: MARKET SIZE & FORECAST
20.3.5 INDIA: MARKET SIZE & FORECAST
20.3.6 SOUTH KOREA: MARKET SIZE & FORECAST
20.3.7 AUSTRALIA: MARKET SIZE & FORECAST
21 EUROPE
21.1 MARKET OVERVIEW
21.2 MARKET SIZE & FORECAST
21.2.1 PRODUCT TYPE
21.2.2 LUBRICANT TYPE
21.2.3 AIRFLOW TYPE
21.2.4 FUEL TYPE
21.2.5 END-USER TYPE
21.3 KEY COUNTRIES
21.3.1 MARKET SNAPSHOT & GROWTH RATE (VALUE)
21.3.2 MARKET SNAPSHOT & GROWTH RATE (VOLUME)
21.3.3 GERMANY: MARKET SIZE & FORECAST
21.3.4 UK: MARKET SIZE & FORECAST
21.3.5 FRANCE: MARKET SIZE & FORECAST
21.3.6 ITALY: MARKET SIZE & FORECAST
21.3.7 SPAIN: MARKET SIZE & FORECAST
22 NORTH AMERICA
22.1 MARKET OVERVIEW
22.2 MARKET SIZE & FORECAST
22.2.1 PRODUCT TYPE
22.2.2 LUBRICANT TYPE
22.2.3 AIRFLOW TYPE
22.2.4 FUEL TYPE
22.2.5 END-USER TYPE
22.3 KEY COUNTRIES
22.3.1 MARKET SNAPSHOT & GROWTH RATE (VALUE)
22.4.1 MARKET SNAPSHOT & GROWTH RATE (VOLUME)
22.4.2 US: MARKET SIZE & FORECAST
22.4.3 CANADA: MARKET SIZE & FORECAST
23 LATIN AMERICA
23.1 MARKET OVERVIEW
23.2 MARKET SIZE & FORECAST
23.2.1 PRODUCT TYPE
23.2.2 LUBRICANT TYPE
23.2.3 AIRFLOW TYPE
23.2.4 FUEL TYPE
23.2.5 END-USER TYPE
23.3 KEY COUNTRIES
23.3.1 MARKET SNAPSHOT & GROWTH RATE (VALUE)
23.3.2 MARKET SNAPSHOT & GROWTH RATE (VOLUME)
23.3.3 BRAZIL: MARKET SIZE & FORECAST
23.3.4 MEXICO: MARKET SIZE & FORECAST
23.3.5 ARGENTINA: MARKET SIZE & FORECAST
24 MIDDLE EAST & AFRICA
24.1 MARKET OVERVIEW
24.2 MARKET SIZE & FORECAST
24.2.1 PRODUCT TYPE
24.2.2 LUBRICANT TYPE
24.2.3 AIRFLOW TYPE
24.2.4 FUEL TYPE
24.2.5 END-USER TYPE
24.3 KEY COUNTRIES
24.3.1 MARKET SNAPSHOT & GROWTH RATE (VALUE)
24.3.2 MARKET SNAPSHOT & GROWTH RATE (VOLUME)
24.3.3 SAUDI ARABIA: MARKET SIZE & FORECAST
24.3.4 UAE: MARKET SIZE & FORECAST
24.3.5 SOUTH AFRICA: MARKET SIZE & FORECAST
25 COMPETITIVE LANDSCAPE
25.1 COMPETITION OVERVIEW
26 KEY COMPANY PROFILES
26.1 ATLAS COPCO
26.1.1 BUSINESS OVERVIEW
26.1.2 KEY STRATEGIES
26.1.3 PRODUCT OFFERINGS
26.1.4 KEY STRENGTHS
26.1.5 KEY OPPORTUNITIES
26.2 GARDNERDENVER
26.3 KAESER KOMPRESSOREN
26.4 INGERSOLL-RAND
27 OTHER PROMINENT VENDORS
27.1 SULLAIR, LLC
27.1.1 BUSINESS OVERVIEW
27.1.2 PRODUCT OFFERINGS
27.2 DEERE & COMPANY
27.3 ROLAIR SYSTEMS
27.4 DOOSAN PORTABLE POWER
27.5 SULLIVAN-PALATEK, INC.
27.6 HUBEI TEWEITE POWER TECHNOLOGY CO. LTD.
27.7 ELGI COMPRESSORS USA, INC.
27.8 CIASONS
27.9 MAT HOLDING, INC.
27.10 QUINCY COMPRESSOR
27.11 VANAIR MANUFACTURING
27.12 BCA COMPRESSORS
27.13 SEACOMAIR
27.14 REMEZA JSC
28 REPORT SUMMARY
28.1 KEY TAKEAWAYS
28.2 STRATEGIC RECOMMENDATIONS
29 QUANTITATIVE SUMMARY
29.1 MARKET BY GEOGRAPHY
29.2 MARKET BY PRODUCT TYPE
29.3 MARKET BY LUBRICANT TYPE
29.4 MARKET BY AIRFLOW TYPE
29.5 MARKET BY FUEL TYPE
29.6 MARKET BY END-USER TYPE
30 APPENDIX
30.1 ABBREVIATIONS
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