Report Description Table of Contents Industry Report and Statistics (Facts & Figures) - Sales Volume, ASP & Demand by Product, Lubrication & Application The global air compressor market will witness a robust CAGR of 3.74%, valued at $39.10 billion in 2021, and expected to appreciate and reach $51.59 billion by 2030, confirms Strategic Market Research. A compressor is defined as a mechanical device that is used to increase gas pressure by a reduction in its volume level. On the other hand, an air compressor is regarded as a gas compressor that is used for a specific purpose like supplying HP clean air for filling the gas cylinders, supplying clean air with moderate pressure to drive the HVAC control s/y valves, powering pneumatic tools like HPA, jackhammers, air tanks, and also in the case of large-scale industrial processes like petroleum coking oxidation, etc. The pumps and compressor consist of similar kinds of features: both of them are used for increasing the pressure level of a fluid and for the transportation of the fluid using a pipe. The uses of air compressors are in the automobile industry, railways, oil and natural gas industry, surface-supplied diving industry, pneumatic HVAC controls, pressure washing machines, commercial and domestic spray-painting machines, aeration of fountains and aquariums, and various hand tools that are used in the medical industry, home tools industry, industrial / construction tools. They are also used in agriculture, dry cleaning, chemical extraction, manufacturing, pharmaceutical, and aerospace industries. There has been an overall increase in the use of air compressors post-COVID-induced lockdowns. The pandemic greatly reduced the sales of the machines; however, led by increased industrial and consumer spending in the sector, the air compressor industry has seen robust growth. The market has especially seen growth in automotive air compressors. The air compressor market report by Strategic Market Research is a comprehensive report with detailed descriptions of the drivers of the market, the future scope available in the market, and the limiting factors of the market. To Know More : Request a Sample Copy of The Report Key Industry Drivers - Use In the Food and Beverage Industry, Increased Investments in The Oil & Gas Sector, And Increased Use in The Manufacturing Sector. The use of packaged food increased dramatically during the pandemic and changed the habit of consumers. As per research, the week preceding lockdown announcements saw an 87.6% increase year-on-year for March 2020. Once restrictions eased, consumer purchasing habits did change. People preferred to purchase packed foods - vacuum-packed, frozen, and nitrogen-sealed bags. With the sustained preference for packaged foods, the market for air compressors that assist in vacuuming, and those which fill with inert gases, the market would also see sustained growth. Air compressors form an important part of the oil and gas industry. The uses include lifting gas, gas process operations, transmission and distribution systems, and pressure maintenance. According to the International Energy Agency, between the years 2017 and 2019, there was an average increase in investment in the upstream process of the sector by 4% each year. Thus, the market would grow with the increase in investment and further exploration of oil fields. In the manufacturing sector, air compressors are used for pneumatic machines that use pressurized air/gas for various purposes. For example, they are used in the assembly line manufacturing of vehicles. Compressors aid in molding, pressing and clamping in the plastics industry. In the mining industry, they are used in hoists - which are the main device used to lift the loads from the mine. According to the US Energy Information Administration, coal production increased by 9.4% in the fourth quarter of 2021 as compared to the fourth quarter of 2020. According to the US Bureau of Transportation Statistics, there was a 3% increase in sales of new vehicles and leases. With rising car sales and increased coal production, amongst other industries, we would also see an increase in the demand for air compressors. Opportunities - Portable Air Compressors, Railways There is an increase in domestic users of products such as nail guns, spray painting machines, pressure washers, and tire inflation devices. All the devices use some form of air compressor. Thus, we would see a rise in the market for air compressors used in manufacturing such machines and devices. The developing parts of the world are expanding their railroad networks for better connectivity and logistics. According to research, Indian Railways has been investing, on average, USD 18 billion in the sector each year, a major portion of which is for manufacturing locomotives. The Chinese railway technology sector is worth Euro 37 billion and is expected to grow at a CAGR of 9.3%. Thus, with increasing investments in the railway sector in developing nations, the market for air compressors would grow further. Restraints The restraints for the market are government regulations regarding the safe decibel level at which the machines can operate. Air Compressor Market Analysis Of Different Segments Covered in the Report Based on Type Portable Stationary Based on Product Centrifugal compressors Rotary compressors / Screw Compressors Reciprocating compressors / Piston compressors Axial compressors Based on Type of Lubrication Used Oil Filled Oil-Free Based on Application Home Appliances Electronics and Semiconductors Oil and Gas Manufacturing Food & Beverage Mining Industry Healthcare/Medical Others Regional Coverage Analysis North America Canada USA Europe France Germany Italy United Kingdom Spain Rest of Europe Asia Pacific China India Japan South Korea Australia Rest of Asia Pacific Latin America, Middle East, and Africa Brazil Mexico Argentina UAE Qatar South Africa Nigeria Rest of LAMEA To Know More : Request a Sample Copy of The Report Type Analysis & Insights The stationary air compressor dominated the air compressor market with over 50% of the market share. They can run on electricity, diesel engines or gasoline engines and generate pressurized compressed air for various uses. Its dominance in the market is its application in the oil and gas sector and the manufacturing sector. According to the National Institute of Standards and Technology (NIST), the manufacturing sector contributed 10.8% of the GDP of the US. Additionally, it employed nearly 15.7 million people, which is 10% of the total employable citizens. According to the US Energy Information Administration, over 7.2 billion barrels of crude oil and petroleum products were consumed in the US in 2021. The number is expected to rise in the coming year. Thus, with the growth of both sectors, we would see the stationary air compressors market share increase further. Product Analysis & Insights The rotary air compressor is an industrial air compressor with the highest market share due to its widespread application across industries such as energy and power, printing and paper manufacturing, metallurgy, and mining. According to American Forest and Paper Association, it saw a 5.6% growth in the industry in 2021, its 9th consecutive year of growth worth USD 300 billion. According to the US Geological Survey (USGS), the US produced over USD 82.3 billion worth of mined goods in 2020. With rising consumer and industrial goods requirements from these sectors, we would see the market for rotary-screw air compressors to enhance further. Application Analysis & Insights The manufacturing sector is the largest consumer base for air compressors. They are used in various manufacturing sectors, such as furniture, electric motors, metal fabrication, glass molding and blowing, and plastic and rubber manufacturing. According to the NIST, the US ranks 1st globally in 7 industries in terms of manufacturing industry size (in USD billions). The average returns in scale-based manufacturing activities in the US are between 12 & 14%, the highest in the world, making it a sector ripe for investment. Another major use of air compressors is the filing of gas cylinders - methane, propane, butane, and nitrogen. Hence, with the rise in the manufacturing industry globally, there would be a rise in the use of positive displacement air compressors and dynamic air compressors. Region Analysis & Insights The Asia Pacific dominated the market with nearly 35% of the market. The reason for the higher market share is the presence of manufacturing, semiconductor, textile, and glass industries in the region. According to World Bank statistics, manufacturing contributed to nearly 27% of the total GDP of China. In India, manufacturing contributed to nearly 17% of the GDP. Taiwan manufactures more than 90% of microchips used globally. Thus, with high growth in the manufacturing and microchip sector, we would see a rise in the use of air compressors in the market. Air Compressor Market Report Coverage Report Attribute Details Period of Forecast 2021 - 2030 The market size value in 2021 USD 39.10 billion The revenue forecast in 2030 USD 51.59 billion Growth rate CAGR of 3.74 % The base year for estimation 2021 Historical data 2017 – 2020 Unit USD Billion, CAGR (2021 - 2030) Segmentation By Type, Product, Lubrication used, Application, and Region. By Type Portable and Stationary By Application Manufacturing, Home Appliances, Electronics and Semiconductors, Mining, Food & Beverage, Healthcare/Medical, Mining Industry. By Product Centrifugal, Rotary / Screw, and Reciprocating / Piston By Region North America, Europe, Asia-Pacific, and LAMEA Country Scope India, China, USA, UK, Germany, and Italy. Company Usability Profiles Atlas Copco AB, Ciasons Industrial, Inc., Design Compressor Co., Ltd, General Electric Company, Hitachi, Ltd., Kaeser Compressors, Kaishan Compressor, LLC, Kirloskar Pneumatic Co., Ltd., Kobe Steel, Ltd., Mitsubishi Heavy Industries, Ltd., Air Compressor Market Competitive Landscape Analysis The main players in the industry are: Atlas Copco AB Ciasons Industrial, Inc. Desran Compressor Co., Ltd General Electric Company Hitachi, Ltd. Kaeser Compressors Kaishan Compressor, LLC Kirloskar Pneumatic Co., Ltd. Kobe Steel, Ltd. Mitsubishi Heavy Industries, Ltd. Suzler, Ltd. VMAC Global Technology, Inc. To Know More : Request a Sample Copy of The Report Recent Developments: In June 2022, Atlas Copco, one of the global air compressor market leaders, acquired Associated Compressor Engineers Ltd, a UK-based company that manufactures air compressor systems. In June 2022, Elgi Equipments launched its two-stage 15HP and 10 HP compressors at an industrial conference in Tamil Nadu, India. The product’s features include improved efficiency, two-stage compression, lower volumetric space utilization, and the ability to work in fluctuating power supplies. In June 2022, Torad Engineering achieved an energy efficiency ratio (EER) of 12 on their new rotary vane compressor. This is seen as an unprecedented breakthrough in efficiency and adoption of low-cost models in compressor technology. In June 2022, SIAD MI developed and installed a nitrogen compressor that will be used at the new hydrocracking unit in Egypt, run by the Assiut National Oil Processing Company (ANOPC). The compressor will enable gas circulation at the unit. In May 2022, Thorite and Garden Denver announced a partnership to supply industrial-scale air compressors. The reason behind the partnership was to improve servicing management and supply chain management for its customers. Products Manufactured by Leading Market Players are: Name Feature Key Player LFx oil-free piston compressors Maximum installation flexibility, easy maintenance, low sound operations Atlas Copco 7F Advanced Compressor Improve output, increased efficiency, and improve incremental heat rate. General Electric Oil Injected Electric Compressor Foundation-free, noise-free cooling system, efficient air filters, easy-to-use control panel Kirloskar Pneumatic Horizontal Split Process Centrifugal Air Compressor (MCH) High reliability, highly efficient 3-D impeller, and easy maintenance. Hitachi Industrial Products Frequently Asked Question About This Report What was the value of the market in Asia Pacific in 2020? The value of the region in 2020 is considered to be worth USD 16.84 billion Which segment accounted for the largest air compressor market share? The application segment accounted for the largest share of the air compressor market. Who is the largest compressor manufacturer in the world? Atlas Copco is the largest manufacturer of air compressors in the world. How big is the air compressor market? The global air compressor market size was around $39.10 billion in 2021 and is predicted to reach $51.59 billion in 2030. What is the air compressor market growth? The global air compressor market is expected to grow at a compound annual growth rate (CAGR) of 3.74% from 2021 to 2030 to reach USD 51.59 billion by 2030. Why air compressor is used in industry? The use of compressed air using the principles of fluid dynamics for various mechanical and electrical devices. For example, the use of air compressors in railway engines to ensure efficient braking. What is the most efficient air compressor? A reciprocating compressor that works on a two-stage principle is considered the most efficient air compressor. Sources https://www.bts.gov/content/new-and-used-passenger-car-sales-and-leases-thousands-vehicles https://www.ibef.org/industry/indian-railways https://www.iea.org/reports/world-energy-investment-2019 https://www.eia.gov/coal/production/quarterly/ 1. Introduction 1.1. Study Objective 1.2. Market Definition 1.3. Study Scope 1.3.1. Markets Covered 1.3.2. Geographic Scope 1.3.3. Years Considered 1.3.4. Stakeholders 2. Research Methodology 2.1. Data Procurement 2.2. Paid Database 2.2.1. Secondary Data 2.2.1.1. Key Secondary sources 2.2.2. Primary Data 2.2.2.1 Primary sources 2.2.2.2. Key industry insights 2.2.2.3. Primary interviews with experts 2.2.2.4. Key primary respondent list 2.3. Market Size Estimation 2.4. Bottom-Up and Top-Down Approaches 2.4.1. Bottom-Up Approach 2.4.1.1. Approach for arriving at market size by bottom-up analysis 2.4.2. Top-Down Approach 2.4.2.1. Approach for Capturing Market Size by Top-Down Analysis 2.5. Market Breakdown and Data Triangulation 2.6. Research Methodology 2.7. Risk Assessment 3. Executive Summary 3.1 Air Compressor Market: Post-Covid-19 3.1.1 Actual Scenario 3.1.2 Pessimistic Scenario 3.1.3 Optimistic Scenario 3.1.4 Market Summary 4. Industry Outlook 4.1 Market Snapshot 4.2 Air Compressor Market 4.2.1 market, 2021 – 2030 (USD Million) 4.3 Regional Business Analysis 4.3.1 market, by region, 2021 - 2030 (USD Million) 4.4 By Product Business Analysis 4.4.1 market, By Product, 2021 - 2030 (USD Million) 4.5 By Application Business Analysis 4.5.1 market, By Application, 2021 - 2030 (USD Million) 4.6 Type of Lubrication Used Business Analysis 4.6.1 market, By Type of Lubrication Used, 2021 - 2030 (USD Million) 4.6 Type Business Analysis 4.6.1 market, By Type, 2021 - 2030 (USD Million) 4.7 Value Chain Analysis 4.8 Market Variable Analysis 4.8.1 Market Drivers Analysis 4.8.2 Market Restraints Analysis 4.9 Business Environment Analysis Tool 4.9.1 market PEST analysis 4.9.2 market Porter’s analysis 4.10 Penetration & Growth Prospect Mapping 5. Market Dynamics 5.1. Introduction 5.2. Market Dynamics 5.2.1. Drivers 5.2.2. Restraints 5.2.3. Opportunities 5.2.4. Challenges 5.3. Impact of Covid-19 On Market 5.4. Value Chain Analysis 5.5. Ecosystem 5.6. Patent Analysis 5.7. Trade Analysis 5.8. Tariff Analysis 5.9. Case Study Analysis 5.10. Porter’s Five Forces Analysis 5.10.1 Threat of New Entrants 5.10.2 Threat of Substitutes 5.10.3 Bargaining Power of Buyers 5.10.4 Bargaining Power of Suppliers 5.10.5 Degree of Competition 5.11. Type Analysis 5.11.1. Trends in Type (2014-2021) 5.11.2. Trends in Type (2021-2030) 5.12. Pricing Analysis 5.12.1. Average Price Trend Analysis (By Region, By Country) 6. Competitive & Vendor Landscape 6.1. Company Market Share Analysis 6.2. Manufacturers Manufacturing Sites, Area Served, Product 6.3. Market Competitive Situation and Trends 6.4. Manufacturers Mergers & Acquisitions, Expansion Plans 7. Market: By Product Segment Analysis 7.1. Introduction 7.2. Sales Volume & Revenue Analysis (2021-2030) 7.3. Centrifugal compressors 7.3.1. Centrifugal compressors market, 2021 - 2030 (USD Million) 7.4. Rotary compressors / Screw Compressors 7.4.1. Rotary compressors / Screw Compressors market, 2021 - 2030 (USD Million) 7.5. Reciprocating compressors / Piston compressors 7.5.1. Reciprocating compressors / Piston compressors market, 2021 - 2030 (USD Million) 7.6. Axial compressors 7.6.1. Axial compressors market, 2021 - 2030 (USD Million) 8. Market: By Application Segment Analysis 8.1. Introduction 8.2. Sales Volume & Revenue Analysis (2021-2030) 8.3. Home Appliances 8.3.1. Home Appliances Market, 2021 - 2030 (USD Million) 8.4. Electronics and Semiconductors 8.4.1. Electronics and Semiconductors market, 2021 - 2030 (USD Million) 8.5. Oil and Gas 8.5.1. Oil and Gas market, 2021 - 2030 (USD Million) 8.6. Manufacturing 8.6.1. Manufacturing market, 2021 - 2030 (USD Million) 8.7. Food & Beverage 8.7.1. Food & Beverage market, 2021 - 2030 (USD Million) 8.8. Mining Industry 8.8.1. Mining Industry market, 2021 - 2030 (USD Million) 8.9. Healthcare/Medical 8.9.1. Healthcare/Medical market, 2021 - 2030 (USD Million) 8.10. Others 8.10.1. Others market, 2021 - 2030 (USD Million) 9. Market: By Type of Lubrication Used Segment Analysis 9.1. Introduction 9.2. Sales Volume & Revenue Analysis (2021-2030) 9.3. Oil Filled 9.3.1. Oil Filled market, 2021 - 2030 (USD Million) 9.4. Oil-Free 9.4.1. Oil-Free market, 2021 - 2030 (USD Million) 10. Market: By Type Segment Analysis 10.1. Introduction 10.2. Sales Volume & Revenue Analysis (2021-2030) 10.3. Portable 10.3.1. Portable market, 2021 - 2030 (USD Million) 10.4. Stationary 10.4.1. Stationary market, 2021 - 2030 (USD Million) 11. Market: Regional Outlook 11.1 North America 11.1.1. North America market, By Product, 2021 - 2030 (USD Million) 11.1.2. North America market, By Application, 2021 - 2030 (USD Million) 11.1.3. North America market, by Type, 2021 - 2030 (USD Million) 11.1.4. North America market, by Country, 2021 - 2030 (USD Million) 11.1.4.1. U.S. 11.1.4.1.1. U.S. market, By Product, 2021 - 2030 (USD Million) 11.1.4.1.2. U.S. market, By Application, 2021 - 2030 (USD Million) 11.1.4.1.3. U.S. market, by Type, 2021 - 2030 (USD Million) 11.1.4.2. Canada 11.1.4.2.1. Canada market, By Product, 2021 - 2030 (USD Million) 11.1.4.2.2. Canada market, By Application, 2021 - 2030 (USD Million) 11.1.4.2.3. Canada market, by Type, 2021 - 2030 (USD Million) 11.2. Europe 11.2.1. Europe market, By Product, 2021 - 2030 (USD Million) 11.2.2. Europe market, By Application, 2021 - 2030 (USD Million) 11.2.3. Europe market, by Type, 2021 - 2030 (USD Million) 11.2.4. Europe market, by country, 2021 - 2030 (USD Million) 11.2.4.1 U.K. 11.2.4.1.1. U.K. market, By Product, 2021 - 2030 (USD Million) 11.2.4.1.2. U.K. market, By Application, 2021 - 2030 (USD Million) 11.2.4.1.3. U.K. market, by Type, 2021 - 2030 (USD Million) 11.2.4.2. Germany 11.2.4.2.1. Germany market, By Product, 2021 - 2030 (USD Million) 11.2.4.2.2. Germany market, By Application, 2021 - 2030 (USD Million) 11.2.4.2.3. Germany market, by Type, 2021 - 2030 (USD Million) 11.2.4.3. France 11.2.4.3.1. France market, By Product, 2021 - 2030 (USD Million) 11.2.4.3.2. France market, By Application, 2021 - 2030 (USD Million) 11.2.4.3.3. France market, by Type, 2021 - 2030 (USD Million) 11.2.4.4. Rest of Europe 11.2.4.4.1. Rest of Europe market, By Product, 2021 - 2030 (USD Million) 11.2.4.4.2. Rest of Europe market, By Application, 2021 - 2030 (USD Million) 11.2.4.4.3. Rest of Europe market, by Type, 2021 - 2030 (USD Million) 11.3. Asia Pacific 11.3.1. Asia Pacific market, By Product, 2021 - 2030 (USD Million) 11.3.2. Asia Pacific market, By Application, 2021 - 2030 (USD Million) 11.3.3. Asia Pacific market, by Type, 2021 - 2030 (USD Million) 11.3.4. Asia Pacific market, by country, 2021 - 2030 (USD Million) 11.3.4.1. China 11.3.4.1.1. China market, By Product, 2021 - 2030 (USD Million) 11.3.4.1.2. China market, By Application, 2021 - 2030 (USD Million) 11.3.4.1.3. China market, by Type, 2021 - 2030 (USD Million) 11.3.4.2. India 11.3.4.2.1. India market, By Product, 2021 - 2030 (USD Million) 11.3.4.2.2. India market, By Application, 2021 - 2030 (USD Million) 11.3.4.2.3. India market, by Type, 2021 - 2030 (USD Million) 11.3.4.3. Japan 11.3.4.3.1. Japan market, By Product, 2021 - 2030 (USD Million) 11.3.4.3.2. Japan market, By Application, 2021 - 2030 (USD Million) 11.3.4.3.3. Japan market, by Type, 2021 - 2030 (USD Million) 11.3.4.4. South Korea 11.3.4.4.1. South Korea market, By Product, 2021 - 2030 (USD Million) 11.3.4.4.2. South Korea market, By Application, 2021 - 2030 (USD Million) 11.3.4.4.3. South Korea market, by Type, 2021 - 2030 (USD Million) 11.3.4.5. Rest of ASIA PACIFIC 11.3.4.5.1. Rest of ASIA PACIFIC market, By Product, 2021 - 2030 (USD Million) 11.3.4.5.2. Rest of ASIA PACIFIC market, By Application, 2021 - 2030 (USD Million) 11.3.4.5.3. Rest of ASIA PACIFIC market, by Type, 2021 - 2030 (USD Million) 11.4. Latin America 11.4.1. Latin America market, By Product, 2021 - 2030 (USD Million) 11.4.2. Latin America market, By Application, 2021 - 2030 (USD Million) 11.4.3. Latin America market, by Type, 2021 - 2030 (USD Million) 11.4.4. Latin America market, by country, 2021 - 2030 (USD Million) 11.4.4.1. Brazil 11.4.4.1.1. Brazil market, By Product, 2021 - 2030 (USD Million) 11.4.4.1.2. Brazil market, By Application, 2021 - 2030 (USD Million) 11.4.4.1.3. Brazil market, by Type, 2021 - 2030 (USD Million) 11.4.4.2. Mexico 11.4.4.2.1. Mexico market, By Product, 2021 - 2030 (USD Million) 11.4.4.2.2. Mexico market, By Application, 2021 - 2030 (USD Million) 11.4.4.2.3. Mexico market, by Type, 2021 - 2030 (USD Million) 11.4.4.3. Rest of Latin America 11.4.4.3.1. Rest of the Latin America market, By Product, 2021 - 2030 (USD Million) 11.4.4.3.2. Rest of the Latin America market, By Application, 2021 - 2030 (USD Million) 11.4.4.3.3. Rest of the Latin America market, by Type, 2021 - 2030 (USD Million) 11.5. MEA 11.5.1. MEA market, By Product, 2021 - 2030 (USD Million) 11.5.2. MEA market, By Application, 2021 - 2030 (USD Million) 11.5.3. MEA market, by Type, 2021 - 2030 (USD Million) 11.5.4. MEA market, by region, 2021 - 2030 (USD Million) 12. Competitive Landscape 12.1 ATLAS COPCO AB 12.1.1. Company overview 12.1.2. Financial performance 12.1.3. Product Portfolio Analysis 12.1.4. Business Strategy & Recent Development 12.2. Ciasons Industrial, Inc 12.2.1. Company overview 12.2.2. Financial performance 12.2.3. Product Portfolio Analysis 12.2.4. Business Strategy & Recent Development 12.3. Desran Compressor Co., Ltd 12.3.1. Company overview 12.3.2. Financial performance 12.3.3. Product Portfolio Analysis 12.3.4. Business Strategy & Recent Development 12.4. General Electric Company 12.4.1. Company overview 12.4.2. Financial performance 12.4.3. Product Portfolio Analysis 12.4.4. Business Strategy & Recent Development 12.5. Hitachi, Ltd 12.5.1. Company overview 12.5.2. Financial performance 12.5.3. Product Portfolio Analysis 12.5.4. Business Strategy & Recent Development 12.6. Kaeser Compressors 12.6.1. Company overview 12.6.2. Financial performance 12.6.3. Product Portfolio Analysis 12.6.4. Business Strategy & Recent Development 12.7. Deutz AG (Germany) 12.7.1. Company overview 12.7.2. Financial performance 12.7.3. Product Portfolio Analysis 12.7.4. Business Strategy & Recent Development 12.8. Kirloskar Pneumatic Co., Ltd 12.8.1. Company overview 12.8.2. Financial performance 12.8.3. Product Portfolio Analysis 12.8.4. Business Strategy & Recent Development 12.9. Kobe Steel, Ltd 12.9.1. Company overview 12.9.2. Financial performance 12.9.3. Product Portfolio Analysis 12.9.4. Business Strategy & Recent Development 12.10. Mitsubishi Heavy Industries, Ltd 12.10.1. Company overview 12.10.2. Financial performance 12.10.3. Product Portfolio Analysis 12.10.4. Business Strategy & Recent Development 12.11. Suzler, Ltd 12.11.1. Company overview 12.11.2. Financial performance 12.11.3. Product Portfolio Analysis 12.11.4. Business Strategy & Recent Development 12.11. VMAC Global Technology, Inc 12.11.1. Company overview 12.11.2. Financial performance 12.11.3. Product Portfolio Analysis 12.11.4. Business Strategy & Recent Development List of Tables (59 Tables) TABLE 1. MARKET, By Product, 2021-2030 (USD Million) TABLE 2. MARKET FOR Centrifugal compressors, BY REGION, 2021-2030 (USD Million) TABLE 3. MARKET FOR Rotary compressors / Screw Compressors, BY REGION, 2021-2030 (USD Million) TABLE 4. MARKET FOR Reciprocating compressors / Piston compressors, BY REGION, 2021-2030 (USD Million) TABLE 5. MARKET FOR Axial compressors, BY REGION, 2021-2030 (USD Million) TABLE 6. MARKET, By Application, 2021-2030 (USD Million) TABLE 7. MARKET FOR Home Appliances, BY REGION, 2021-2030 (USD Million) TABLE 8. MARKET FOR Electronics and Semiconductors, BY REGION, 2021-2030 (USD Million) TABLE 9. MARKET FOR Oil and Gas, BY REGION, 2021-2030 (USD Million) TABLE 10. MARKET FOR Manufacturing, BY REGION, 2021-2030 (USD Million) TABLE 11. MARKET FOR Food & Beverage, BY REGION, 2021-2030 (USD Million) TABLE 12. MARKET FOR Mining Industry, BY REGION, 2021-2030 (USD Million) TABLE 13. MARKET FOR Healthcare/Medical, BY REGION, 2021-2030 (USD Million) TABLE 14. MARKET FOR Others, BY REGION, 2021-2030 (USD Million) TABLE 15. MARKET, BY TYPE, 2021-2030 (USD Million) TABLE 16. MARKET FOR Portable, BY REGION, 2021-2030 (USD Million) TABLE 17. MARKET FOR Stationary, BY REGION, 2021-2030 (USD Million) TABLE 18. MARKET, By Type of Lubrication Used, 2021-2030 (USD Million) TABLE 19. MARKET FOR OIL FILLED, BY REGION, 2021-2030 (USD Million) TABLE 20. MARKET FOR Oil-Free, BY REGION, 2021-2030 (USD Million) TABLE 21. MARKET, BY REGION, 2021-2030 (USD Million) TABLE 22. NORTH AMERICA MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 23. NORTH AMERICA MARKET, By Product, 2021-2030 (USD Million) TABLE 24. NORTH AMERICA MARKET, By Application, 2021-2030 (USD Million) TABLE 25. NORTH AMERICA MARKET, BY TYPE, 2021-2030 (USD Million) TABLE 26. EUROPE MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 27. EUROPE MARKET, By Product, 2021-2030 (USD Million) TABLE 28. EUROPE MARKET, By Application, 2021-2030 (USD Million) TABLE 29. EUROPE MARKET, BY TYPE, 2021-2030 (USD Million) TABLE 30. ASIA-PACIFIC MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 31. ASIA-PACIFIC MARKET, By Product, 2021-2030 (USD Million) TABLE 32. ASIA-PACIFIC MARKET, By Application, 2021-2030 (USD Million) TABLE 33. ASIA-PACIFIC MARKET, BY TYPE, 2021-2030 (USD Million) TABLE 34. LAMEA MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 35. LAMEA MARKET, By Product, 2021-2030 (USD Million) TABLE 36. LAMEA MARKET, By Type of Lubrication Used, 2021-2030 (USD Million) TABLE 37. LAMEA MARKET, BY TYPE, 2021-2030 (USD Million) TABLE 38. ATLAS COPCO AB: COMPANY SNAPSHOT TABLE 39. ATLAS COPCO AB: OPERATING SEGMENTS TABLE 40. Ciasons Industrial, Inc: COMPANY SNAPSHOT TABLE 41. Ciasons Industrial, Inc: OPERATING SEGMENTS TABLE 42. Desran Compressor Co., Ltd: COMPANY SNAPSHOT TABLE 43. Desran Compressor Co., Ltd: OPERATING SEGMENTS TABLE 44. General Electric Company: COMPANY SNAPSHOT TABLE 45. General Electric Company: OPERATING SEGMENTS TABLE 46. Hitachi, Ltd: COMPANY SNAPSHOT TABLE 47. Hitachi, Ltd: OPERATING SEGMENTS TABLE 48. Kaeser Compressors: COMPANY SNAPSHOT TABLE 49. Kaeser Compressors: OPERATING SEGMENTS TABLE 50. Kaishan Compressor, LLC: COMPANY SNAPSHOT TABLE 51. Kaishan Compressor, LLC: OPERATING SEGMENTS TABLE 52. Kirloskar Pneumatic Co., Ltd: COMPANY SNAPSHOT TABLE 53. Kirloskar Pneumatic Co., Ltd: OPERATING SEGMENTS TABLE 54. Kobe Steel, Ltd: COMPANY SNAPSHOT TABLE 55. Kobe Steel, Ltd: OPERATING SEGMENTS TABLE 56. Mitsubishi Heavy Industries, Ltd: COMPANY SNAPSHOT TABLE 57. Mitsubishi Heavy Industries, Ltd: OPERATING SEGMENTS TABLE 58. Suzler, Ltd: COMPANY SNAPSHOT TABLE 59. Suzler, Ltd: OPERATING SEGMENTS TABLE 60. VMAC Global Technology, Inc: COMPANY SNAPSHOT TABLE 61. VMAC Global Technology, Inc: OPERATING SEGMENTS List of Figures (22 Figures) Figure 1 Market: Research Methodology Steps Figure 2 Research Design Figure 3 Breakdown of Primaries: Market Figure 4 Research Methodology: Hypothesis Building Figure 5 Market: Product-Based Estimation Figure 6 Top 12 Companies with Highest No. Of Patent in Last 9 Years Figure 7 No. Of Patents Granted Per Year, 2019–2021 Figure 8 Import Data for Air Compressor, By Country, 2016–2021 (USD Thousand) Figure 9 Export Data for Air Compressor, By Country, 2016–2021 (USD Thousand) Figure 10 Data Triangulation Methodology Figure 11 Market, By Application, 2019 vs. 2025 (USD Million) Figure 12 Market Share, By Type, 2019 vs. 2025 (USD Million) Figure 13 Market Share, By Product, 2019 vs. 2025 (USD Million) Figure 14 Market Share, By Type of Lubrication used, 2019 vs. 2025 (USD Million) Figure 15 Geographical Snapshot of the Market Figure 16 rotary air compressor to Witness Higher CAGR in the Market for Product Segment During the Forecast Period. Figure 17 manufacturing sector to Witness Higher CAGR in Market for Application Segment during the Forecast Period. Figure 18 Oil Filled to Witness Higher CAGR in Market for Type of Lubrication Used Segment during Forecast Period. Figure 19 stationary air compressor to Witness Higher CAGR in Market for Type Segment during Forecast Period. Figure 20 Asia Pacific for the Largest Share of the Market, By Regional Basis, in 2019 Figure 21 Market: Drivers, Restraints, Opportunities, and Challenges Figure 22 North America: Market Snapshot Figure 23 Asia Pacific: Market Snapshot Figure 24 Vendor Dive: Evaluation Overview