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North America Air Compressor Market Size, By Product (Portable, Stationary), By Technology (Rotary [Screw, Scroll], Reciprocating, Centrifugal), By Lubrication (Oil-free, Oil-filled), By Application (Home Appliances, Food & Beverage, Oil & Gas, Energy, Commercial, Manufacturing, Healthcare [Medical, Dental]), Mining & Construction, Transportation), Industry Analysis Report, Country Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026
Published Date: September 2020 | Publisher: Graphical Research Report ID: GR1227 | Delivery : PDF  Request Free Sample

Industry Trends

North America Air Compressor Market Growth was over USD 25 billion in 2019 and will grow at a CAGR of more than 5% up to 2026.
 

U.S. Air Compressor Market

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The industry value is likely to be augmented by the U.S. as the country ranks fourth in the worldwide export of refrigerators with around 7% global market share. Furthermore, the country is expected to observe a high demand for portable air compressors for domestic workshops, painting, and several other household activities. The U.S. also claims a huge number of packaged food facilities and refrigerated warehouses, driving the food & beverage industry in the country.

Rising shale gas exploration activities in the country will further enhance the regional air compressor consumption in the coming years. The mature automotive industry in the U.S. and high demand for heavy-duty trailers with good quality air brakes will also enhance the North America air compressor demand in the coming years.

The tier-4 stringent emission norms will be a key hindrance to the growth of the U.S. air compressor market in the upcoming years. Tier-4 emission norms established by the EPA and the California Air Resources Board (CARB) apply to engines found in different industrial and power generation applications. The norms are regularized to reduce emission levels by over 95% from the previous 85%. The adoption of these emission norms may hike product prices, which can be an obstacle to market growth.

Air compressor products, such as portable and stationary, will spectate strong demand from several applications. The rotary, reciprocating, and centrifugal technologies will boost their demand in a vast range of uses. Based on lubrication, the market is categorized as oil-filled and oil-free. The oil-free ones are witnessing a robust advancement in recent years and are projected to gain considerable revenue over the coming years. Based on application, the market has been segmented into home appliances, energy, food & beverage, oil & gas, manufacturing, mining & construction, healthcare, commercial, transportation, and others.

The major players propelling the Industry are Atlas Copco, Gardner Denver, Inc., Kaeser Compressors, Sullair, Emerson Electric Co., Elgi Equipments Ltd., Sullivan-Palatek, Inc., and Ingersoll-Rand plc.
 

Frequently Asked Question(FAQ) :

According to Graphical Research, North America Air Compressor Market Growth was over USD 25 billion in 2019 and will grow at a CAGR of more than 5% up to 2026.
North America Air Compressor Market Size, By Product (Portable, Stationary), By Technology (Rotary [Screw, Scroll], Reciprocating, Centrifugal), By Lubrication (Oil-free, Oil-filled), By Application (Home Appliances, Food & Beverage, Oil & Gas, Energy, Commercial, Manufacturing, Healthcare [Medical, Dental]), Mining & Construction, Transportation), Industry Analysis Report, Country Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026.
The major players propelling the North America air compressor market are Atlas Copco, Gardner Denver, Inc., Kaeser Compressors, Sullair, Emerson Electric Co., Elgi Equipments Ltd., Sullivan-Palatek, Inc., and Ingersoll-Rand plc.

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