The Portable Air Compressors Market to Reach Revenue USD 1.5 Billion, Growing at a CAGR 5.35% During 2022-2028; Adoption of IoT Systems Opening Up New Market Avenues - Arizton

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

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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 GARDNER DENVER

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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