The North America Air Compressor Market would witness market growth of 4.5% CAGR during the forecast period (2021-2027).
The air compressor would witness bright growth prospects due to the increase in consumer awareness about the product quality, favorable government policies, and high demand for better air quality. At workplaces, air compressors are needed to follow the Occupational Health & Safety (OHS) norms, which is likely to positively affect the growth of the market during the forecasting period.
The growth of the air compressor market would be fueled by the technological developments in air compression techniques that have a positive impact on the compression capabilities of the device. Additionally, the growth of air compressors would witness lucrative opportunities owing to the increasing adoption of reliable and energy-efficient equipment. Moreover, the device needs the application of advanced technology with technical expertise for developing high power rated and effective air compression equipment. Conversely, the growth of the market would be hindered by the huge cost of installation and maintenance for the equipment.
Factors such as huge energy efficiency, less maintenance cost, portability, eco-friendly, and capability to offer variation in supplied pressure would boost the growth of the regional market. Additionally, the growth of the regional market would witness bright prospects due to the growing end-use industries, increase in need for next-generation products, and surge in application areas. In addition, the rapid industrialization in the region would open new growth avenues for the regional market. The major countries of this region like the US and Canada are putting heavy investments in non-traditional oil & gas exploration and production activities.
Moreover, increasing industrial infrastructural projects and the growing investments across every process industry, particularly oil & gas industry would create lucrative growth opportunities for the players operating in the regional market. Additionally, penetration of IoT, initiatives like Industry 4.0, and technological developments in the product are expected to augment the growth of the regional market.
The US market dominated the North America Air Compressor Centrifugal Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $3,210.2 million by 2027. The Canada market is experiencing a CAGR of 6.8% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 6.1% during (2021 - 2027).
Based on Product, the market is segmented into Rotary/Screw, Centrifugal and Reciprocating/Piston. Based on Type, the market is segmented into Stationary and Portable. Based on Lubrication, the market is segmented into Oil-Filled and Oil-Free. Based on Application, the market is segmented into Manufacturing, Retail, Food & Beverage, Healthcare, Oil & Gas, Energy and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Air Compressor Market is Estimated to Reach USD 41.8 Billion by 2027 at a CAGR of 4.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Atlas Copco, Bauer Group (BAUER COMP Holding GmbH), Cook Compression (Dover Precision Components), Compressor Products International (CPI) (EnPro Industries, Inc.), Galaxy Auto Stationary Equipment Co. Ltd., Gast Manufacturing, Inc. (IDEX Corporation), General Electric Company, Ingersoll Rand Plc, Kaeser Kompressoren SE, and MAT Industries, LLC (MAT Holdings, Inc.).
Scope of the Study
Market Segments Covered in the Report:
By Product
- Rotary/Screw
- Centrifugal
- Reciprocating/Piston
By Type
By Lubrication
By Application
- Manufacturing
- Retail
- Food & Beverage
- Healthcare
- Oil & Gas
- Energy
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Atlas Copco
- Bauer Group (BAUER COMP Holding GmbH)
- Cook Compression (Dover Precision Components)
- Compressor Products International (CPI) (EnPro Industries, Inc.)
- Galaxy Auto Stationary Equipment Co. Ltd.
- Gast Manufacturing, Inc. (IDEX Corporation)
- General Electric Company
- Ingersoll Rand Plc
- Kaeser Kompressoren SE
- MAT Industries, LLC (MAT Holdings, Inc.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Air Compressor Market, by Product
1.4.2 North America Air Compressor Market, by Type
1.4.3 North America Air Compressor Market, by Lubrication
1.4.4 North America Air Compressor Market, by Application
1.4.5 North America Air Compressor Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 COVID-19 Impact
2.1.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2017, Jun – 2021, Jun) Leading Players
Chapter 4. North America Air Compressor Market by Product
4.1 North America Air Compressor Rotary/Screw Market by Country
4.2 North America Air Compressor Centrifugal Market by Country
4.3 North America Air Compressor Reciprocating/Piston Market by Country
Chapter 5. North America Air Compressor Market by Type
5.1 North America Stationary Air Compressor Market by Country
5.2 North America Portable Air Compressor Market by Country
Chapter 6. North America Air Compressor Market by Lubrication
6.1 North America Oil-Filled Air Compressor Market by Country
6.2 North America Oil-Free Air Compressor Market by Country
Chapter 7. North America Air Compressor Market by Application
7.1 North America Manufacturing Air Compressor Market by Country
7.2 North America Retail Air Compressor Market by Country
7.3 North America Food & Beverage Air Compressor Market by Country
7.4 North America Healthcare Air Compressor Market by Country
7.5 North America Oil & Gas Air Compressor Market by Country
7.6 North America Energy Air Compressor Market by Country
7.7 North America Others Air Compressor Market by Country
Chapter 8. North America Air Compressor Market by Country
8.1 US Air Compressor Market
8.1.1 US Air Compressor Market by Product
8.1.2 US Air Compressor Market by Type
8.1.3 US Air Compressor Market by Lubrication
8.1.4 US Air Compressor Market by Application
8.2 Canada Air Compressor Market
8.2.1 Canada Air Compressor Market by Product
8.2.2 Canada Air Compressor Market by Type
8.2.3 Canada Air Compressor Market by Lubrication
8.2.4 Canada Air Compressor Market by Application
8.3 Mexico Air Compressor Market
8.3.1 Mexico Air Compressor Market by Product
8.3.2 Mexico Air Compressor Market by Type
8.3.3 Mexico Air Compressor Market by Lubrication
8.3.4 Mexico Air Compressor Market by Application
8.4 Rest of North America Air Compressor Market
8.4.1 Rest of North America Air Compressor Market by Product
8.4.2 Rest of North America Air Compressor Market by Type
8.4.3 Rest of North America Air Compressor Market by Lubrication
8.4.4 Rest of North America Air Compressor Market by Application
Chapter 9. Company Profiles
9.1 BAUER Kompressoren Group (BAUER COMP Holding GmbH)
9.1.1 Company Overview
9.1.2 Recent strategies and developments:
9.1.2.1 Partnerships, Collaborations, and Agreements:
9.1.2.2 Product Launches and Product Expansions:
9.1.2.3 Geographical Expansions:
9.2 Cook Compression (Dover Corporation)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.3 Compressor Products International (EnPro Industries, Inc.)
9.3.1 Company Overview
9.3.2 Recent strategies and developments:
9.3.2.1 Partnerships, Collaborations, and Agreements:
9.4 Galaxy Auto Service Equipment Co., Ltd.
9.4.1 Company Overview
9.5 Gast Manufacturing, Inc. (IDEX Corporation)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.6 Kaeser Kompressoren SE
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Product Launches and Product Expansions:
9.7 MAT Holdings, Inc. (MAT Industries, LLC)
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Acquisition and Mergers:
9.8.5.2 Product Launches and Product Expansion:
9.9 General Electric (GE) Co.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.4.1 Partnerships, Collaborations and Agreements:
9.9.5 SWOT Analysis
9.10. Ingersoll Rand Inc.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 Recent strategies and developments:
9.10.5.1 Acquisition and Mergers:
TABLE 1 North America Air Compressor Market, 2017 - 2020, USD Million
TABLE 2 North America Air Compressor Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Air Compressor Market
TABLE 4 Product Launches And Product Expansions– Air Compressor Market
TABLE 5 Acquisition and Mergers– Air Compressor Market
TABLE 6 Geographical Expansions– AIR COMPRESSOR MARKET
TABLE 7 North America Air Compressor Market by Product, 2017 - 2020, USD Million
TABLE 8 North America Air Compressor Market by Product, 2021 - 2027, USD Million
TABLE 9 North America Air Compressor Rotary/Screw Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Air Compressor Rotary/Screw Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Air Compressor Centrifugal Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Air Compressor Centrifugal Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Air Compressor Reciprocating/Piston Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Air Compressor Reciprocating/Piston Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Air Compressor Market by Type, 2017 - 2020, USD Million
TABLE 16 North America Air Compressor Market by Type, 2021 - 2027, USD Million
TABLE 17 North America Stationary Air Compressor Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Stationary Air Compressor Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Portable Air Compressor Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Portable Air Compressor Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Air Compressor Market by Lubrication, 2017 - 2020, USD Million
TABLE 22 North America Air Compressor Market by Lubrication, 2021 - 2027, USD Million
TABLE 23 North America Oil-Filled Air Compressor Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Oil-Filled Air Compressor Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Oil-Free Air Compressor Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Oil-Free Air Compressor Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Air Compressor Market by Application, 2017 - 2020, USD Million
TABLE 28 North America Air Compressor Market by Application, 2021 - 2027, USD Million
TABLE 29 North America Manufacturing Air Compressor Market by Country, 2017 - 2020, USD Million
TABLE 30 North America Manufacturing Air Compressor Market by Country, 2021 - 2027, USD Million
TABLE 31 North America Retail Air Compressor Market by Country, 2017 - 2020, USD Million
TABLE 32 North America Retail Air Compressor Market by Country, 2021 - 2027, USD Million
TABLE 33 North America Food & Beverage Air Compressor Market by Country, 2017 - 2020, USD Million
TABLE 34 North America Food & Beverage Air Compressor Market by Country, 2021 - 2027, USD Million
TABLE 35 North America Healthcare Air Compressor Market by Country, 2017 - 2020, USD Million
TABLE 36 North America Healthcare Air Compressor Market by Country, 2021 - 2027, USD Million
TABLE 37 North America Oil & Gas Air Compressor Market by Country, 2017 - 2020, USD Million
TABLE 38 North America Oil & Gas Air Compressor Market by Country, 2021 - 2027, USD Million
TABLE 39 North America Energy Air Compressor Market by Country, 2017 - 2020, USD Million
TABLE 40 North America Energy Air Compressor Market by Country, 2021 - 2027, USD Million
TABLE 41 North America Others Air Compressor Market by Country, 2017 - 2020, USD Million
TABLE 42 North America Others Air Compressor Market by Country, 2021 - 2027, USD Million
TABLE 43 North America Air Compressor Market by Country, 2017 - 2020, USD Million
TABLE 44 North America Air Compressor Market by Country, 2021 - 2027, USD Million
TABLE 45 US Air Compressor Market, 2017 - 2020, USD Million
TABLE 46 US Air Compressor Market, 2021 - 2027, USD Million
TABLE 47 US Air Compressor Market by Product, 2017 - 2020, USD Million
TABLE 48 US Air Compressor Market by Product, 2021 - 2027, USD Million
TABLE 49 US Air Compressor Market by Type, 2017 - 2020, USD Million
TABLE 50 US Air Compressor Market by Type, 2021 - 2027, USD Million
TABLE 51 US Air Compressor Market by Lubrication, 2017 - 2020, USD Million
TABLE 52 US Air Compressor Market by Lubrication, 2021 - 2027, USD Million
TABLE 53 US Air Compressor Market by Application, 2017 - 2020, USD Million
TABLE 54 US Air Compressor Market by Application, 2021 - 2027, USD Million
TABLE 55 Canada Air Compressor Market, 2017 - 2020, USD Million
TABLE 56 Canada Air Compressor Market, 2021 - 2027, USD Million
TABLE 57 Canada Air Compressor Market by Product, 2017 - 2020, USD Million
TABLE 58 Canada Air Compressor Market by Product, 2021 - 2027, USD Million
TABLE 59 Canada Air Compressor Market by Type, 2017 - 2020, USD Million
TABLE 60 Canada Air Compressor Market by Type, 2021 - 2027, USD Million
TABLE 61 Canada Air Compressor Market by Lubrication, 2017 - 2020, USD Million
TABLE 62 Canada Air Compressor Market by Lubrication, 2021 - 2027, USD Million
TABLE 63 Canada Air Compressor Market by Application, 2017 - 2020, USD Million
TABLE 64 Canada Air Compressor Market by Application, 2021 - 2027, USD Million
TABLE 65 Mexico Air Compressor Market, 2017 - 2020, USD Million
TABLE 66 Mexico Air Compressor Market, 2021 - 2027, USD Million
TABLE 67 Mexico Air Compressor Market by Product, 2017 - 2020, USD Million
TABLE 68 Mexico Air Compressor Market by Product, 2021 - 2027, USD Million
TABLE 69 Mexico Air Compressor Market by Type, 2017 - 2020, USD Million
TABLE 70 Mexico Air Compressor Market by Type, 2021 - 2027, USD Million
TABLE 71 Mexico Air Compressor Market by Lubrication, 2017 - 2020, USD Million
TABLE 72 Mexico Air Compressor Market by Lubrication, 2021 - 2027, USD Million
TABLE 73 Mexico Air Compressor Market by Application, 2017 - 2020, USD Million
TABLE 74 Mexico Air Compressor Market by Application, 2021 - 2027, USD Million
TABLE 75 Rest of North America Air Compressor Market, 2017 - 2020, USD Million
TABLE 76 Rest of North America Air Compressor Market, 2021 - 2027, USD Million
TABLE 77 Rest of North America Air Compressor Market by Product, 2017 - 2020, USD Million
TABLE 78 Rest of North America Air Compressor Market by Product, 2021 - 2027, USD Million
TABLE 79 Rest of North America Air Compressor Market by Type, 2017 - 2020, USD Million
TABLE 80 Rest of North America Air Compressor Market by Type, 2021 - 2027, USD Million
TABLE 81 Rest of North America Air Compressor Market by Lubrication, 2017 - 2020, USD Million
TABLE 82 Rest of North America Air Compressor Market by Lubrication, 2021 - 2027, USD Million
TABLE 83 Rest of North America Air Compressor Market by Application, 2017 - 2020, USD Million
TABLE 84 Rest of North America Air Compressor Market by Application, 2021 - 2027, USD Million
TABLE 85 Key Information – BAUER Kompressoren Group
TABLE 86 Key Information – Cook Compression
TABLE 87 Key Information – Compressor Products International (CPI)
TABLE 88 Key Information – GALAXY AUTO SERVICE EQUIPMENT CO.LTD.
TABLE 89 Key Information – Gast Manufacturing, Inc.
TABLE 90 Key Information – Kaeser Kompressoren SE
TABLE 91 Key Information – MAT HOLDINGS, INC.
TABLE 93 Recent strategies and developments: Atlas Copco AB
TABLE 94 Key Information – General Electric (GE) Co.
TABLE 95 Swot analysis: General electric (GE) Co.
TABLE 96 Key Information – Ingersoll Rand Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions and Acquisitions and Mergers : 2017, Jun – 2021, Jun) Leading Players