Industrial Air Compressor Market Share, Global Industry Size, Growth, SWOT Analysis, Top Companies, Competitor Landscape, Regional Outlook 2022

 The global industrial air compressor market is expected to be valued at US$ 33.3Billion in 2022. With the increasing use in end-use industries the demand for industrial air compressors is projected to grow at a CAGR of 3.8% between 2022 and 2032, totaling around US$46.6 Billion by 2032.

  • Industrial air compressor market will register a CAGR of ~4.6% over the forecast period of 2021–2031
  • Expansion of oil exploration activities have placed the U.S. as a chief market, which accounts for over 70% sales within North America
  • Improving production in the automotive sector will fuel demand in the U.K., enabling above 6% y-o-y growth in 2021 in terms of value
  • Application across diverse sectors will drive growth in industrial air compressor market in Germany and France
  • Rising demand for power generation will push growth in Japan and China

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