Global Gas Powered Air Compressor Overview
Gas Powered Air Compressor Market was valued at US$ 34.2 Billion in 2024 and is projected to grow at a CAGR of 5.10% to reach US$ 56.3 Billion by 2034.
Prophecy Market Insights has recently published its insights on “Gas Powered Air Compressor Market” for the forecast period of 2024-2034. The market is segmented into By Type (Stationary and Portable), By Applications (Electrics, Manufacturing, Healthcare, and Industrial), and By Region.
This market is expected to witness significant growth during the forecast period on account of high use of air compressor systems for compressing gases in refineries and processing facilities. In addition, with natural gas, many air compressors in these industries require an air compressor that can increase the pressure of a gas by reducing volume which is boosting the target market growth. However, the uncertainty in the raw material price is the restraining factor for the target market growth.
Asia Pacific to grow at the highest CAGR during the forecast period
Asia-Pacific is dominating the global market owing to increased spending on industrialization and infrastructure development. Demand from various applications, such as home appliances, manufacturing, food & beverage, and oil & gas industries are the factors boosting the global market in Asia-Pacific. Also, presence of a number of manufacturers of screw air compressors in China and India and a large industrial base for semiconductor and electronics manufacturing in China and Taiwan are propelling the target market in Asia-Pacific. North America and Europe are expected to show significant growth in the global market. Increased investments in the Eastern European region are expected to boost the demand for industrial air compressors and drive the target market in Europe.
The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides key examination of market players operating in the specific market and analysis and outcomes related with the target market for more than 20 countries.
In the current research scope 2023 is considered as base year and 2024 is estimated year for market value/volume calculations. The report offers market estimates for the forecast period – 2024 to 2034. The report provides factual inputs and analysis based on primary and secondary research, which includes insights gained through in-depth interviews with primary research participants. Also, the data is gathered from authentic secondary sources and is verified by key opinion leaders in the target market. The in-house research is applied on gathered information to provide more accurate data points and reduce the margin of error. The in-house research and analysis efforts include various tools and 360o data analysis methodology.
Gas powered air compressor market report segments the market on the basis of type, application, and region.
The report expected to answer various target market related questions and offers insights on:
- Definition, description, overview of market growth influencing factors, and forecast for the target market
- Scope for related market in the forecast period
- Analysis and outcome for the gas powered air compressor market by segment and region followed by countries
- Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
- Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
- Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
- Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economical factors that may influence market growth
- PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index
Competitive Analysis
Advancements in the product as well as in manufacturing process, product launches, and strategic partnerships are some trends witnessed in the gas powered air compressor market. For instance, in August 2019, Atlas Copco oxygen generator has decided to help Nat-Ur-Gas Solschen to produce clean methane at their biogas plant in Germany.
- Atlas Copco Ltd.
- Bauer Group Ltd.
- Cook Compression, Inc.
- Air compressor Products International (CPI), Inc.
- Frank Air compressors Pvt Ltd.
- Gast Manufacturing, Inc.
- Galaxy Auto Service Equipment Co. Ltd.
- General Electric Corporation
- Ingersoll Rand Plc
- Sullair LLC.
Prophecy Market Insights offers required customization on this report according to specific business requirements.
Global Gas Powered Air Compressor Table of Contents
Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
Market Segmentation, By Type, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Stationary
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Portable
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Electrics
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Manufacturing
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Healthcare
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Industrial
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
Company Profiles
- Atlas Copco Ltd.
- Company Overview
- Technology Portfolio
- Key Highlights
- Financial PerTechnologyance
- Business Strategies
- Bauer Group Ltd.
- Company Overview
- Technology Portfolio
- Key Highlights
- Financial PerTechnologyance
- Business Strategies
- Cook Compression, Inc.
- Company Overview
- Technology Portfolio
- Key Highlights
- Financial PerTechnologyance
- Business Strategies
- Air compressor Products International (CPI), Inc.
- Company Overview
- Technology Portfolio
- Key Highlights
- Financial PerTechnologyance
- Business Strategies
- Frank Air compressors Pvt Ltd.
- Company Overview
- Technology Portfolio
- Key Highlights
- Financial PerTechnologyance
- Business Strategies
- Gast Manufacturing, Inc.
- Company Overview
- Technology Portfolio
- Key Highlights
- Financial PerTechnologyance
- Business Strategies
- Galaxy Auto Service Equipment Co. Ltd.
- Company Overview
- Technology Portfolio
- Key Highlights
- Financial PerTechnologyance
- Business Strategies
- General Electric Corporation
- Company Overview
- Technology Portfolio
- Key Highlights
- Financial PerTechnologyance
- Business Strategies
- Ingersoll Rand Plc
- Company Overview
- Technology Portfolio
- Key Highlights
- Financial PerTechnologyance
- Business Strategies
- Sullair LLC.
- Company Overview
- Technology Portfolio
- Key Highlights
- Financial PerTechnologyance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Gas Powered Air Compressor Market is segmented into Type, Application, and Region.
The Gas Powered Air Compressor Market is driven by factors such as the increasing demand for portable and versatile air compressors, growth in construction and mining activities, and the advantages of gas-powered compressors in locations without access to electricity.
Competition with electric-powered air compressors, concerns about emissions and environmental impact, and the need for regular maintenance and fuel supply, acting as restraints for the Gas Powered Air Compressor Market globally.
North America, Europe, Asia-Pacific, and Latin America. North America is expected to dominate the Gas Powered Air Compressor Market, driven by the significant construction and infrastructure projects, the demand for portable equipment in remote locations, and the presence of key manufacturers in the region.
Atlas Copco Ltd. Bauer Group Ltd. Cook Compression, Inc. Air compressor Products International (CPI), Inc. Frank Air compressors Pvt Ltd. Gast Manufacturing, Inc. Galaxy Auto Service Equipment Co. Ltd. General Electric Corporation Ingersoll Rand Plc Sullair LLC.