U.S. Air Compressed Equipment Market Size - By Component, End-use & Forecast, 2024- 2032

Description

List of Tables

U.S. Air Compressed Equipment Market size is projected to expand at 6% CAGR from 2024 to 2032. The expanding manufacturing and construction sectors are increasing the demand for compressed air systems for various applications, such as powering pneumatic tools and equipment. The growing adoption of energy-efficient compressed air systems to reduce operational costs and environmental impacts is escalating the product demand in the region.

Rapid technology advancements, including the development of smart and connected compressed air systems, are further enhancing the efficiency and reliability of the equipment. For instance, in March 2023, ELGi North America (ELGi) unveiled its latest product, the GP35FP portable compressor, at the CONEXPO-CON/AGG 2023 event at the Las Vegas Convention Center. Additionally, the increasing investments in infrastructure development and industrial automation will further increase the product appeal, as these sectors heavily rely on compressed air systems for their operations.

The U.S. air compressed equipment industry is segregated into component and end-use.

Based on component, the market value from the centrifugal compressors segment is estimated to rise at over 5% CAGR between 2024 and 2032. The growth can be attributed to the increasing demand for high-capacity compressed air systems in industries, such as oil and gas, petrochemicals, and power generation. Additionally, the superior energy efficiency and reliability offered by centrifugal compressors compared to other compressor types is increasing their appeal. Furthermore, the rising advancements in centrifugal compressor technology, such as variable speed drives and improved rotor designs, to enhance performance and operational flexibility will drive the product demand.

U.S. air compressed equipment market share from the pharmaceuticals end-use segment is projected to depict over 10% CAGR through 2032. This is on account of the stringent regulations requiring high-quality compressed air for pharmaceutical manufacturing processes. The rising need for clean and contaminant-free compressed air to ensure product safety and compliance is fueling the product adoption. The growing advancements in compressed air technologies, such as oil-free compressors and filtration systems, is helping cater to specific requirements of pharmaceutical facilities. The increasing focus on automation and efficiency in pharmaceutical manufacturing will further drive the adoption of compressed air systems in pharmaceutical settings.

Product Code: 7844

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 U.S. air compressed equipment market 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.3 Regional trends
2.4 Component trends
2.5 End-use industry trends

Chapter 3 US Air Compressed Equipment Industry Insights

3.1 Impact of the Russia-Ukraine war
3.2 Industry ecosystem analysis
3.3 Vendor matrix
3.4 Profit margin analysis
3.5 Technology & innovation landscape
3.6 Patent analysis
3.7 Key news and initiatives
- 3.7.1 Partnership/collaboration
- 3.7.2 Merger/Aacquisition
- 3.7.3 Investment
- 3.7.4 Product launch & innovation
3.8 Regulatory landscape
3.9 Impact forces
- 3.9.1 Growth drivers
  - 3.9.1.1 Growing industrial automation
  - 3.9.1.2 Increasing renewable energy projects
  - 3.9.1.3 Rising oil & gas exploration and production
  - 3.9.1.4 Surge of E-commerce
  - 3.9.1.5 Burgeoning demand from the healthcare sector
- 3.9.2 Industry pitfalls & challenges
  - 3.9.2.1 High initial costs
  - 3.9.2.2 High operational and maintenance costs
3.10 Growth potential analysis
3.11 Porter's analysis
3.12 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share, 2023
4.3 Competitive analysis of major market players, 2023
- 4.3.1 Atlas copco
- 4.3.2 Ingersoll rand
- 4.3.3 Kaeser kompressoren SE
- 4.3.4 Quincy compressor
- 4.3.5 Campbell hausfeld
- 4.3.6 Elgi equipments
- 4.3.7 Powerex Inc.
4.4 Competitive positioning matrix, 2023
4.5 Strategic outlook matrix, 2023

Chapter 5 US Air Compressed Equipment Market Estimates & Forecast, By Component 2018-2032 (USD Million)

5.1 Key trends, by component
5.2 Compressor
- 5.2.1 Rotary compressors
- 5.2.2 Reciprocating compressors
- 5.2.3 Cetrifugal compressors
5.3 Treatment equipment
- 5.3.1 Filters
- 5.3.2 Dryers
- 5.3.3 Aftercoolers
- 5.3.4 Others-Condensate trap, air cooler,air receiver tank
5.4 Distribution system

Chapter 6 US Air Compressed Equipment Market Estimates & Forecast, By End-Use Industry 2018-2032 (USD Million)

6.1 Key trends, by end-use industry
6.2 Manufacturing
6.3 Pharmaceuticals
6.4 Food & beverage
6.5 Oil and gas
6.6 Construction & mining
6.7 Energy & Chemical
6.8 Automotive
6.9 Others

Chapter 7 Company Profiles

7.1 Atlas Copco
7.2 Bitzer
7.3 Campbell Hausfeld
7.4 Chicago Pneumatic
7.5 Ciasons Industrial, Inc.
7.6 Elgi Equipments
7.7 Ingersoll Rand Plc
7.8 KAESER Kompressoren SE
7.9 Oasis Manufacturing
7.10 Powerex Inc.
7.11 Quincy Compressor
7.12 Rolair Systems.
7.13 Sullair LLC (Hitachi Group)
7.14 Van Air Systems
7.15 Vanair Manufacturing, Inc.