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Portable Air Compressor Market Share| Insights and Forecast Research Report 2026

Author : Rahul Varpe | Published Date : 2020-09-18 

Driven by such factors, Global Market Insights, Inc., suggests that the portable air compressor market might reach USD 8 billion by the end of 2026. The portable air compressor market is set to record noteworthy growth on the basis of increasing usage of modern air compressors that deliver reliable and quality performance. Along with modern functionalities, industrial units are looking for energy efficient devices that provide lower cost of ownership.

Surge in production of home appliances and automobiles along with noteworthy developments in the manufacturing and construction sector could stimulate the demand for portable air compressors. Countries like Japan, the U.S., and India are launching supportive policies to expand their manufacturing sectors.

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Slated below are a few of the ongoing trends advancing portable air compressor market size:

  1. Oil-free portable air compressors gaining traction -

Oil-free portable air compressors are mainly used in sectors like food & beverage, electronics, and healthcare, where the presence of oil particles in compressed air can lead to catastrophic events. Estimate says that the oil-free segment is expected to register more than 4.5% CAGR within the predicted timeframe. 

These compressors play a pivotal role in electronics industries where cleanliness of semiconductors, ICs, and complex chips are the top-most priority. Oil contamination in automated instruments and control equipment like actuators, high precision sensors, relays, and thermostats can interrupt production activities and cause undesirable losses.

As a result, industry players are working on developing advanced compressors that can easily minimize such risks. Citing an instance, in October 2018, ELGi Equipments revealed its new range of oil-free air-compressors that come in 100 horsepower and 60 horsepower variants along with 8.8 and 7 Bar pressure options. 

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  1. Growing demand across Latin America - 

Latin America is considered to be a lucrative ground for portable air compressor makers. In 2019, the regional market was worth more than USD 865 million. This growth can be attributed to rapid expansion activities across healthcare facilities that use portable air compressors for a broad variety of applications.

Some of these applications include supplying oxygen to patients, autoclaves and sterilizing, hospital headwalls, patient simulators, adjusting hospital beds and seats, chiropractic & physiotherapy tables, pumping of bandages, and air or vacuum aspirators. 

  1. Implementation of key business strategies - 

Companies operating in the portable air compressor industry include Atlas Copco, Gardner Denver, Inc., Sullair, LLC, Kaeser Kompressoren SE, Rolair Systems, Ingersoll-Rand plc, Doosan Portable Power, and Sullivan-Palatek, Inc. These firms are emphasizing on developing new energy-efficient compressors that comply with major federal regulations. They are also looking to form strategic alliances by extending their product lineup. Back in December 2019, Doosan Bobcat released two new compressor variants built on Volvo Penta engines at EXCON 2019.

Table of contents for this research [email protected]  https://www.gminsights.com/toc/detail/portable-air-compressor-market

Report Content

Chapter 1. Methodology and Scope

1.1.1.    Market definitions

1.1.2.    Base estimations and assumptions

1.1.3.    Forecast calculation parameters

1.1.3.1.    COVID-19 impact parameters

1.2.    Data Sources

1.2.1.    Secondary

1.2.1.1.    Paid sources

1.2.1.2.    Unpaid sources

1.2.2.    Primary

Chapter 2. Executive Summary

2.1.    Portable air compressors industry 3600 synopsis, 2016 - 2026

2.1.1.    Business trends

2.1.2.    Technology trends

2.1.3.    Lubrication trends

2.1.4.    Application trends

2.1.5.    Regional trends

Chapter 3. Portable Air Compressor Industry Insights

3.1.    Industry segmentation

3.2.    Industry landscape, 2016 – 2026

3.2.1.    COVID-19 impact on industry landscape

3.3.    Industry ecosystem analysis

3.3.1.    Raw material analysis

3.3.2.    Manufacturing trends

3.3.3.    Profit margin

3.3.4.    Distribution channel analysis

3.3.5.    Vendor matrix

3.3.6.    COVID-19 impact on supply chain

3.4.    Regulatory landscape

3.4.1.    U.S.

3.4.2.    Europe

3.4.3.    China

3.5.    Industry impact forces

3.5.1.    Growth drivers

3.5.1.1.    Proliferating growth in household appliances market

3.5.1.2.    Surging automobile production

3.5.1.3.    Technological advancements in portable air compressors

3.5.2.    Industry pitfalls & challenges

3.5.2.1.    Higher initial setup cost and maintenance cost

3.5.2.2.    Stringent regulations for utilization of portable air compressors

3.6.    Refrigerated warehouse capacity and market development index, by country

3.7.    Import & export statistics of RAC compressors, 2017

3.8.    Manufacturing capacity outlook

3.9.    Technology landscape

3.10.    Pricing analysis

3.10.1.    Cost structure analysis

3.11.    Innovation and sustainability

3.12.    Growth potential analysis

3.13.    Porter's analysis

3.14.    Competitive landscape, 2019

3.14.1.    Company market share analysis, 2019

3.14.2.    Key stake holders

3.14.3.    Strategy dashboard

3.15.    PESTEL analysis

3.16.    COVID-19 impact on application sectors

3.16.1.    Home appliances

3.16.2.    Food & beverage

3.16.3.    Oil & gas

3.16.4.    Energy

3.16.5.    Semiconductor & electronics

3.16.6.    Manufacturing

3.16.7.    Healthcare

3.16.8.    Mining & construction

3.16.9.    Municipal

3.16.10.    Others

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: [email protected]
 

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. [email protected] | https://twitter.com/varperahul

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