The global air compressor market size was valued at USD 25.46 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2030. Stringent environmental regulations and a growing emphasis on sustainability have led industries to adopt more environmentally friendly air compressors. Various industries in the Asia Pacific countries, such as manufacturing, oil & gas, food & beverage, energy & medical, and home appliances have been enjoying significant growth through rising investments from public and private entities. China and India remain the most promising countries for upcoming sales and demand of air compressors owing to the presence of manufacturing hubs.

Various factors such as environmental concerns, strict regulations, industrialization, and the need for high-quality air in an industrial application have been prompting the growth of the demand for air compressors in the U.S. Air compressors are widely used in industries such as food & beverage, pharmaceuticals, electronics, automotive, and healthcare.

Air Compressor Market Report Highlights

• The stationary air compressor segment accounted for over 60.5% market share in 2023, while the portable segment is anticipated to emerge as the fastest-growing segment from 2024 to 2030
• The oil-filled compressor segment is likely to lead the market over the forecast period. These compressors are widely adopted for commercial applications by the chemical, energy, and manufacturing industries
• The rotary segment will dominate the market share over the forecast period. These compressors offer continuous airflow at different discharge pressure and operate through positive displacements. Furthermore, features such as easy maintenance and longer product life are expected to fuel the demand for these compressors over the forecast period
• Asia Pacific held the largest market share in 2023. The growing oil and gas sector in countries such as China and India is, in turn, expected to lead the growth of the market

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• The global broaching machine market size was estimated at USD 452.5 million in 2023 and is projected to grow at a CAGR of 4.4% from 2024 to 2030.
• The global tungsten market size was estimated at USD 34.6 million in 2023 and is projected to grow at a CAGR of 4.9% from 2024 to 2030. 

Air Compressor Market Segmentation

Grand View Research has segmented the global air compressor market based on type, product, lubrication, application, and region:

Air Compressor Type Outlook (Revenue, USD Billion; Volume, Units 2018 - 2030)

• Stationary
• Portable

Air Compressor Product Outlook (Revenue, USD Billion; Volume, Units 2018 - 2030)

• Reciprocating
• Rotary/Screw
• Centrifugal

Air Compressor Lubrication Outlook (Revenue, USD Billion; Volume, Units; 2018 - 2030)

• Oil Free
• Oil Filled

Air Compressor Application Outlook (Revenue, USD Billion; Volume, Units 2018 - 2030)

• Healthcare & Medical
• Manufacturing
• Oil & Gas
• Home Appliances
• Food & Beverage
• Energy
• Semiconductor & Electronics
• Others

Air Compressor Air Compressor Operating Mode Outlook (Revenue, USD Billion; Volume, Units; 2018 - 2030)

• Electric
• Internal Combustion Engine

Air Compressor Power Range Outlook (Revenue, USD Billion; Volume, Units; 2018 - 2030)

• Up to 20 kW
• 21-50kW
• 51-250 kW
• 251-500 kW
• Over 500kW

Air Compressor Regional Outlook (Revenue, USD Billion; Volume, Units 2018 - 2030)

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • South Africa

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