United States Air Compressor Market
United States Air Compressor Market, By Product Type (Portable Air Compressors, Stationary Air Compressors); By Technology (Rotary Screw Compressors, Reciprocating Compressors, Centrifugal Compressors); By Lubrication Method (Oil-Filled Compressors, Oil-Free Compressors); By Power Range (Up to 20 kW, 21–50 kW, 51–250 kW, 251–500 kW, Over 500 kW); By Application (Healthcare & Medical, Manufacturing, Oil & Gas, Home Appliances, Food & Beverages, Energy, Semiconductor & Electronics, Others), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
- Published Date: October 2024
- Report ID: BWC24763
- Available Format: PDF
- Page: 130
Report Overview
Rising industrial automation, stringent environmental regulations, demand for energy-efficient systems, and growth in manufacturing and automotive sectors drive the growth of United States Air Compressor Market during the forecast period between 2024 and 2030
United States Air Compressor Market – Industry Trends & Forecast Report, 2030
United States Air Compressor Market size by value was estimated at USD 3.74 billion in 2023. During the forecast period between 2024 and 2030, United States Air Compressor Market size is expected to expand at a CAGR of 3.60% reaching a value of USD 4.59 billion by 2030. United States Air Compressor Market is driven by several key factors. Rising industrial automation and the need for energy-efficient systems are major drivers. Stringent environmental regulations push industries to adopt eco-friendly compressors. The growth in manufacturing, automotive, and food processing sectors also boosts demand. Additionally, advancements in compressor technology, such as variable-speed drives, enhance efficiency and reduce maintenance costs, further propelling market growth. The increasing use of air compressors in HVAC systems and power tools adds to this demand.
Air Compressors – Overview
An air compressor is a device that converts power (using an electric motor, diesel, or gasoline engine) into potential energy stored in pressurized air. It works by drawing in ambient air and compressing it to a higher pressure, which can then be used to power various tools and machinery. Common applications include powering pneumatic tools, inflating tires, and operating HVAC systems. Air compressors are essential in industries like manufacturing, automotive, and construction due to their versatility and efficiency.
United States Air Compressor Market
Growth Drivers
Ongoing Infrastructure Development Projects in United States
The surge in infrastructure projects across the country is a significant driver for United States Air Compressor Market. Major initiatives in transportation, energy, and public utilities require extensive use of air compressors for construction and maintenance. These projects boost demand for both portable and stationary compressors, enhancing market growth. Additionally, government investments in modernization and expansion of its infrastructure further stimulate the need for efficient and reliable air compressor systems.
Challenges
High Energy Consumption
A significant restraint for the growth of United States Air Compressor Market is high energy consumption. Compressed air systems are major energy consumers, accounting for about 10% of industrial electricity use. This high energy demand leads to increased operational costs and environmental concerns. Despite advancements in energy-efficient technologies, many facilities still struggle with optimizing their compressor systems. Addressing this issue requires ongoing investment in energy-efficient solutions and better monitoring of energy usage.
Impact of Escalating Geopolitical Tensions on United States Air Compressor Market
Intensifying geopolitical tensions, particularly between United States and China, could adversely affect United States Air Compressor Market. These economic and trade tensions disrupt global supply chains, leading to delays and increased costs for raw materials and components. The uncertainty surrounding trade policies and tariffs further complicates procurement strategies for manufacturers. Additionally, heightened tensions can lead to fluctuations in energy prices, affecting operational costs for industries reliant on air compressors. Companies may need to invest in alternative supply sources and enhance their risk management strategies to mitigate these impacts. Overall, geopolitical instability poses a substantial challenge to the market's stability and growth.
United States Air Compressor Market
Segmental Information
United States Air Compressor Market – By Product Type
By product type, United States Air Compressor Market is divided into Portable Air Compressors and Stationary Air Compressors segments. The stationary air compressors segment is the largest product type in United States Air Compressor Market. These compressors are widely used in industries such as manufacturing, automotive, and construction due to their ability to provide continuous, high-powered air supply for extended periods. Stationary compressors are preferred in large-scale operations for tasks like powering pneumatic tools and machinery, making them dominant over portable air compressors, which are more suited for smaller, mobile applications.
United States Air Compressor Market – By Technology
Based on technology, United States Air Compressor Market is divided into Rotary Screw Compressors, Reciprocating Compressors, and Centrifugal Compressors segments. The rotary screw compressors segment holds the largest share United States Air Compressor Market. This dominance is attributed to their high efficiency, reliability, and ability to operate continuously in demanding applications. They are widely used across industries such as manufacturing, construction, and energy due to their versatility and lower maintenance costs compared to reciprocating compressors. The growing demand for energy-efficient solutions and technological advancements further solidify rotary screw compressors as the leading segment in this market.
United States Air Compressor Market – By Lubrication Method
On the basis of lubrication method, United States Air Compressor Market is divided into Oil-Filled Compressors and Oil-Free Compressors segments. The oil-filled compressors segment is a larger lubrication method in United States Air Compressor Market. Oil-filled compressors are favored for their durability, higher efficiency, and ability to handle heavy-duty industrial applications, such as manufacturing and construction. They are also commonly used in processes requiring continuous operation under high pressure. The oil-free compressors segment, while growing, is primarily used in industries like food and beverage, pharmaceuticals, and electronics, where contamination-free air is critical.
United States Air Compressor Market – By Application
By application, United States Air Compressor Market is divided into Healthcare & Medical, Manufacturing, Oil & Gas, Home Appliances, Food & Beverages, Energy, Semiconductor & Electronics, and other segments. The manufacturing segment holds the largest share of United States Air Compressor Market. This dominance is driven by the extensive use of air compressors across various manufacturing processes, such as powering machinery, automation systems, and pneumatic tools. The sector's growing emphasis on automation, along with rising production activities, significantly boosts the demand for air compressors. Additionally, manufacturing’s diverse applications across industries like automotive, metalworking, and textiles further contribute to its leading position in the market.
Competitive Landscape
Key players in the highly competitive United States Air Compressor Market include BelAir Compressor, Compressor Products International (CPI), Cook Compression, Gast Manufacturing, Inc., General Electric, Ingersoll Rand Plc, Oasis Manufacturing, FS-ELLIOT CO., LLC, Sullivan-Palatek, Inc., Doosan Portable Power, and Power Equipment Direct. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2023 |
Base Year – 2023 |
|
Estimated Year – 2024 |
|
Forecast Period – 2024–2030 |
|
Facts Covered |
Revenue in USD Billion |
Market Coverage |
United States |
Product/Service Segmentation |
Product Type, Technology, Lubrication Method, Power Range, Application |
Key Players |
BelAir Compressor, Compressor Products International (CPI), Cook Compression, Gast Manufacturing, Inc., General Electric, Ingersoll Rand Plc, Oasis Manufacturing, FS-ELLIOT CO., LLC, Sullivan-Palatek, Inc., Doosan Portable Power, Power Equipment Direct |
By Product Type
-
Portable Air Compressors
-
Stationary Air Compressors
By Technology
-
Rotary Screw Compressors
-
Reciprocating Compressors
-
Centrifugal Compressors
By Lubrication Method
-
Oil-Filled Compressors
-
Oil-Free Compressors
By Power Range
-
Up to 20 kW
-
21–50 kW
-
51–250 kW
-
251–500 kW
-
Over 500kW
By Application
-
Healthcare & Medical
-
Manufacturing
-
Oil & Gas
-
Home Appliances
-
Food & Beverages
-
Energy
-
Semiconductor & Electronics
-
Others
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- United States Air Compressor Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Expansion of various industries, such as manufacturing, construction, and automotive
- Ongoing infrastructure projects in United States
- Improvements in compressor technology
- Rising use of automation and robotics in industries
- Restraints
- High initial costs
- High energy consumption
- Opportunities
- Increasing development and adoption of energy-efficient air compressor technologies
- Growing integration of air compressors with smart and connected technologies
- Expansion of new applications for compressed air
- Challenges
- Highly competitive landscape with a large number of players
- Compliance with environmental regulations
- Growth Drivers
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- United States Metal Air Compressor Market: Pricing Analysis
- United States Metal Air Compressor Market: Marketing Strategies
- United States Air Compressor Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Product Type
- Portable Air Compressors
- Stationary Air Compressors
- By Technology
- Rotary Screw Compressors
- Reciprocating Compressors
- Centrifugal Compressors
- By Lubrication Method
- Oil-Filled Compressors
- Oil-Free Compressors
- By Power Range
- Up to 20 kW
- 21–50 kW
- 51–250 kW
- 251–500 kW
- Over 500 kW
- By Application
- Healthcare & Medical
- Manufacturing
- Oil & Gas
- Home Appliances
- Food & Beverages
- Energy
- Semiconductor & Electronics
- Others
- By Product Type
- Market Size & Forecast, 2019–2030
- Competitive Landscape
- List of Key Players and Their Offerings
- United States Air Compressor Company Market Share Analysis, 2023
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Escalating Geopolitical Tensions on United States Air Compressor Market
- Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- BelAir Compressor
- Compressor Products International (CPI)
- Cook Compression
- Gast Manufacturing, Inc.
- General Electric
- Ingersoll Rand Plc
- Oasis Manufacturing
- FS-ELLIOT CO., LLC
- Sullivan-Palatek, Inc.
- Doosan Portable Power
- Power Equipment Direct
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents
- Assumption & Limitation
- Qualitative Research
* Financial information of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
Figure 1 United States Air Compressor Market Segmentation
Figure 2 United States Air Compressor Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 United States Air Compressor Market Size, By Value (USD Billion), 2019–2030
Figure 5 United States Air Compressor Market Share, By Product Type, By Value (USD Billion), 2019–2030
Figure 6 United States Air Compressor Market Share, By Technology, By Value (USD Billion), 2019–2030
Figure 7 United States Air Compressor Market Share, By Lubrication Method, By Value (USD Billion), 2019–2030
Figure 8 United States Air Compressor Market Share, By Power Range, By Value (USD Billion), 2019–2030
Figure 9 United States Air Compressor Market Share, By Application, By Value (USD Billion), 2019–2030
List of Tables
Table 1 United States Air Compressor Market Size, By Value (USD Billion), 2019–2030
Table 2 United States Air Compressor Market Share, By Product Type, By Value (USD Billion), 2019–2030
Table 3 United States Air Compressor Market Share, By Technology, By Value (USD Billion), 2019–2030
Table 4 United States Air Compressor Market Share, By Lubrication Method, By Value (USD Billion), 2019–2030
Table 5 United States Air Compressor Market Share, By Power Range, By Value (USD Billion), 2019–2030
Table 6 United States Air Compressor Market Share, By Application, By Value (USD Billion), 2019–2030
Table 7 BelAir Compressor Company Overview
Table 8 BelAir Compressor Financial Overview
Table 9 Compressor Products International (CPI) Company Overview
Table 10 Compressor Products International (CPI) Financial Overview
Table 11 Cook Compression Company Overview
Table 12 Cook Compression Financial Overview
Table 13 Gast Manufacturing, Inc. Company Overview
Table 14 Gast Manufacturing, Inc. Financial Overview
Table 15 General Electric Company Overview
Table 16 General Electric Financial Overview
Table 17 Ingersoll Rand Plc Company Overview
Table 18 Ingersoll Rand Plc Financial Overview
Table 19 Oasis Manufacturing Company Overview
Table 20 Oasis Manufacturing Financial Overview
Table 21 FS-ELLIOT CO., LLC Company Overview
Table 22 FS-ELLIOT CO., LLC Financial Overview
Table 23 Sullivan-Palatek, Inc. Company Overview
Table 24 Sullivan-Palatek, Inc. Financial Overview
Table 25 Doosan Portable Power Company Overview
Table 26 Doosan Portable Power Financial Overview
Table 27 Power Equipment Direct Company Overview
Table 28 Power Equipment Direct Financial Overview
Market Segmentation
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