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Reciprocating Air Compressor Market Share

Report ID: GMI2554
Published Date: Jun 2021
Report Format: PDF

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Reciprocating Air Compressor Market Share

The reciprocating air compressor industry is fragmented due to the presence of various manufacturers globally. The growing healthcare sector and increasing manufacturing units are compelling industry participants toward the production of more sustainable and energy-efficient products. Several governments are focused on building tools that are environment friendly and support such products.

Some of the reciprocating air compressor market players include:

Atlas Copco
Emersion Climate Technologies
Gardner Denver
Kaeser Kompressoren
Elgi Compressors USA Inc
Guru Enterprises
Quincy Compressor
Vanair
Frank Technologies
Sullair LLC
Hertz
Ingersoll-Rand
Gardner Denver

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

Annual revenue from the reciprocating air compressor industry reached 33,457.6 million in 2020 and will rise at a 3.8% CAGR through 2027 with the surging manufacturing activities worldwide.

The stationary air compressor market size is expected to capture more than 75% of the revenue share by 2027 driven by higher usage in air conditioners, refrigerators, and automobiles.

According to this report, around 215,152.2 thousand units of reciprocating air compressor are expected to be shipped by 2027, growing at over 3.1% growth rate.

The reciprocating air compressor industry share from the single-acting technology segment exceeded USD 14.5 billion in 2020 and will grow owing to increasing penetration in household appliances.

Food & beverage applications are pegged to contribute USD 300 million by 2027 owing to the increasing need for contaminant-free and a consistent supply of compressed air for the smooth running of operations.

Asia Pacific accounted for close to 30% of the total market revenue share in 2020 and will witness expansion through 2027 due to the expanding economies in China, India, and Malaysia.