Portable Air Compressor Market is expected to grow at a healthy CAGR
A new analysis report on the market of portable air compressor market, which is forecasted between 2023 and 2028, has been published by Knowledge Sourcing Intelligence.
The prime factors propelling the market growth of the portable air compressor market are the increasing demand for portable power solutions, the growing popularity of DIY enthusiasts, and the rise in infrastructure and technological development.
As per the report, the portable air compressor market is expected to grow at a significant pace.
A portable air compressor is a lightweight and compact device designed to convert power, usually from an electric motor or gasoline engine, into potential energy stored in pressurized air. These devices are versatile and convenient, allowing users to generate compressed air on the go. Portable air compressors find extensive use in various industries and applications, including construction, automotive, manufacturing, and DIY projects.
Various collaboration and technological advancements are happening in the market for instance in May 2023, Atlas Copco launched the B-Air 185-12, a battery-operated portable screw air compressor that operates independently of fuel or local power sources. The compressor is designed to facilitate the shift towards renewable energy and is suitable for diverse applications, as it performs well in extreme climates, produces no local emissions and operates quietly.
Based on the design, the portable air compressor market is divided into rotary screw type, rotary centrifugal and reciprocating type among which the rotary centrifugal compressor is estimated to grow at a significant rate during the forecasted period. Rotary screw compressors are known for their high efficiency and continuous operation and rotary centrifugal compressors are suitable for high-demand applications requiring large volumes of compressed air at high pressures. While, reciprocating compressors are compact, portable, and affordable, making them suitable for small-scale operations and DIY projects.
Based on lubrication, the portable air compressor market is fragmented into oiled or oil-free. The oil-free compressors are predicted to hold a dominating share of the market as it eliminate the need for lubrication, offering advantages such as cleaner air output and reduced maintenance requirements. On the other hand oiled compressors require lubrication for their moving parts, providing enhanced durability and performance.
On the basis of driver type, the portable air compressor market is divided into electronic and conventional. Electronic portable air compressors are projected to hold a dominant portion of the market as they are powered by electric motors, offering advantages such as energy efficiency, low noise levels, and reduced emissions. Conventional portable air compressors, on the other hand, are typically driven by internal combustion engines.
On the basis of end-users, the market is divided into automotive, aerospace, oil & gas, building & construction, mining, power generation and others. The automotive industry is expected to hold dominance in the market due to the increasing demand for portable air compressors for applications such as tire inflation, spray painting, and operating pneumatic tools. Additionally, the building & construction sector and the oil & gas industry are anticipated to contribute significantly to the market growth.
Based on geography, the region of North America is forecasted to possess a significant share of the portable air compressor market, driven by the presence of well-established industries and a robust construction sector. The United States is a key player in this market, driven by infrastructure projects, manufacturing, and the automotive industry. While the Asia Pacific region is estimated to propose large growth forecasts during the period.
As a part of the report, the major players operating in the portable air compressor market, that have been covered are Atlas Copco AB, Sullair, LLC, Ingersoll Rand Inc., Rolair Systems, KAESER KOMPRESSOREN SE, Doosan Portable Power, Sullivan-Palatek, Inc., Teweite Power Technology Co., Ltd., ElgiEquipments Ltd., Ciasons Industrial, Inc.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/portable-air-compressor-market
This analytics report segments the portable air compressor market on the following basis:
- By Design
- Rotary Screw Type
- Rotary Centrifugal
- Reciprocating Type
- By Lubrication
- Oiled
- Oil-Free
- By Driver Type
- Electric
- Conventional
- By End-User
- Automotive
- Aerospace
- Oil & Gas
- Building & Construction
- Mining
- Power Generation
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- United Kingdom
- Spain
- Others
- Middle East And Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- Taiwan
- Others
- North America