Market Insights:
Air and Gas Compressor Market size was valued at USD 30.2 Billion in 2021, registering a CAGR of 3.5% during the forecast period (2022-2030), and the market is projected to be worth USD 41.1 Billion by 2030.
Air or gas compressors are used to deliver air or gas to a specific location. Air and gas are utilised in a variety of industrial applications, including air gas feeds and gas bottling, as well as petrochemicals, gas processing, and a variety of industrial processes. Gas compressors, both oil-free and oil-lubricated, are genuine all-rounders. The range includes high flow rates of up to 10,000 m3/h (5885 cfm) and maximum outlet pressures of up to 480 bar (6962 psi). Gas compressors are available in oil-less, oil-free, and oil-lubricated designs, with full control over gas purity levels.
Air And Gas Compressor Market Research Report” was just released by Market Research Community. It is divided into several categories, including By type (Positive Displacement, Centrifugal Compressors), By application (Petrochemical and Chemical, Machinery Manufacturing, Mining and Metallurgy, Other), and companies (Gast Manufacturing, Inc.,GENERAL ELECTRIC,Ingersoll Rand Plc,Kaeser Compressors,MAT Industries, LLC,Ariel Corporation,Burckhardt Compression Holding AG,Gardner Denver Inc., AireTex Compressor,Atlas Copco,Bauer Group,Bel Aire Compressors,Cook Compression,Compressor Products International (CPI),Frank Compressors,Galaxy Auto Stationary Equipment Co. Ltd), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 3.5%, over the forecast period of 2022–2030.
Driver:
The increased adoption of Air and Gas Compressor in the Sensors & Controls industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Air and Gas Compressor also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Air And Gas Compressor in many sectors also boosts the market growth during the forecast period.
Report Coverage:
| Report Attributes | Report Details |
| Study Timeline | 2018-2030 |
| Market Size in 2030 (USD Billion) | 41.1 Billion |
| CAGR (2022-2030) | 3.5% |
| By Type | Positive Displacement, Centrifugal Compressors |
| By Application | Petrochemical and Chemical, Machinery Manufacturing, Mining and Metallurgy, Other |
| By Geography | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Key Players | Gast Manufacturing, Inc.,GENERAL ELECTRIC,Ingersoll Rand Plc,Kaeser Compressors,MAT Industries, LLC,Ariel Corporation,Burckhardt Compression Holding AG,Gardner Denver Inc., AireTex Compressor,Atlas Copco,Bauer Group,Bel Aire Compressors,Cook Compression,Compressor Products International (CPI),Frank Compressors,Galaxy Auto Stationary Equipment Co. Ltd |
Covid-19 Impact:
The COVID-19 pandemic has had a substantial negative influence on the Air And Gas Compressor market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
Gast Manufacturing, Inc.,GENERAL ELECTRIC,Ingersoll Rand Plc,Kaeser Compressors,MAT Industries, LLC,Ariel Corporation,Burckhardt Compression Holding AG,Gardner Denver Inc., AireTex Compressor,Atlas Copco,Bauer Group,Bel Aire Compressors,Cook Compression,Compressor Products International (CPI),Frank Compressors,Galaxy Auto Stationary Equipment Co. Ltd
Market Segment Analysis:
By Type
- Positive Displacement
- Centrifugal Compressors
By Application
- Petrochemical and Chemical
- Machinery Manufacturing
- Mining and Metallurgy
- Other
Region
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Air And Gas Compressor industries in the region.
Key Air And Gas Compressor Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Air And Gas Compressor Market segments.
– Largest Market Share Held by Industry to Industry for Air And Gas Compressor
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Air And Gas Compressor Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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Research Methodology
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