Air Compressor Market Size To Reach $40.15 Billion By 2033

Air Compressor Market Growth & Trends

The global air compressor market size is anticipated to reach USD 40.15 billion by 2033, registering a CAGR of 4.7% from 2025 to 2033, according to a new report by Grand View Research, Inc. Air compressors are used in various industries, such as food and beverages, home appliances, oil and gas, semiconductors and electronics, healthcare, manufacturing, and energy. The rising need for the reduction of CO2 emissions and stringent regulations pertaining to environmental conservation is anticipated to boost market growth. Moreover, eco-friendly, reliable features, ease of handling, and low maintenance costs offered by the product are propelling its demand.

The onset of the COVID-19 pandemic resulted in lockdowns and declining investments across industries and verticals, which hampered the growth of the market. However, after a short slowdown, the market is expected to rebound and witness a healthy growth rate in the post-pandemic era.

The growing consumer awareness regarding product quality, the need for improved air quality, and supportive government policies on energy conservation are anticipated to boost the market growth. At workplaces, air compressors are required to comply with the Occupational Health & Safety (OHS) regulations, which would positively impact the market over the forecast period.

Oil-free air compressors are expected to emerge as the fastest-growing lubrication segment. The growth is attributed to the increased proliferation in the manufacturing sector. Moreover, oil-free compressors reduce the operating costs by evading compressor oil separator elements and down-streaming filter replacement costs.

Asia Pacific dominated the market for air compressor in 2020 owing to rapid industrialization in emerging economies, such as India and China. The need for efficient and next-generation compressors has propelled the product demand across different industries in the region.

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Air Compressor Market Report Highlights

• The stationary air compressor segment accounted for over 60.5% market share in 2024, while the portable segment is anticipated to emerge as the fastest-growing segment from 2025 to 2033

• 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 manufacturing segment leads the air compressor market and accounts for 40.9% of the share due to its extensive use in powering tools, automation systems, and production lines.

• The electric compressor segment accounted for a share of 53.7% in 2024 owing to its energy efficiency, low maintenance, and suitability for indoor and continuous operations.

• The 51–250 kW segment accounted for a share of 34.8% in 2024, owing to its critical role in large-scale industrial operations.

• Asia Pacific held the largest market share in 2024. The growing oil and gas sector in countries such as China and India is, in turn, expected to lead the growth of the market

Air Compressor Market Segmentation

Grand View Research has segmented the global air compressor market report based on product, operating mode, lubrication, power range, application, and region:

Air Compressor Product Outlook (Revenue; USD Million; Volume, Units; 2021 - 2033)

• Reciprocating

• Rotary/Screw

• Centrifugal

Air Compressor Type Outlook (Revenue; USD Million; Volume, Units; 2021 - 2033)

• Stationary

• Portable

Air Compressor Operating Mode Outlook (Revenue, USD Million; Volume, Units; 2021 - 2033)

• Electric

  • Power Range

• Internal Combustion Engine

  • Power Range

• Lubrication Outlook (Revenue, USD Million; Volume, Units; 2021 - 2033)

  • Oil Free

  • Oil Filled

Air Compressor Power Range Channel Outlook (Revenue, USD Million; Volume, Units; 2021 - 2033)

• Up to 20 kW

• 21-50 kW

• 51-250 kW

• 251-500 kW

• Over 500 kW

Air Compressor Application Outlook (Revenue, USD Million; Volume, Units, 2021 - 2033)

• Manufacturing

• Semiconductors & Electronics

• Food & Beverage

• Healthcare/Medical

• Home Appliances

• Energy

• Oil & Gas

• Others

Air Compressor Regional Outlook (Revenue, USD Million; Volume, Units; 2021 - 2033)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • France

  • Italy

  • Spain

  • UK

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Australia

• Central & South America

  • Brazil

  • Argentina

• Middle East and Africa

  • Saudi Arabia

  • South Africa

List of Key Players in Air Compressor Market

• AireTex Compressor

• Atlas Copco

• Bauer Group

• BelAire Compressors

• Cook Compression

• Compressor Products International (CPI)

• Frank Compressors

• Galaxy Auto Stationary Equipment Co. Ltd.

• Gast Manufacturing, Inc.

• GENERAL ELECTRIC

• Husky Cooperating

• Ingersoll Rand Plc

• Kaeser Compressors

• MAT Industries, LLC

• TEWATT

• Elgi Compressors USA, Inc.