Europe Air Compressor Market Size was over USD 17 billion in 2019 and will grow at a CAGR of more than 3.5% up to 2026.
 

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Growth in the manufacturing sector in the Eastern European countries will have a significant impact on the regional air compressor market by 2026. Extensive use of the product in manufacturing and industrial activities will drive market growth in the coming years. Compressed air is needed for the functioning of air tools, cutting & welding equipment, monitoring equipment, & ejecting mold pieces and operating automatic machinery on production lines. Widespread automotive production in Europe, mostly in Germany, will drive air compressor demand for manufacturing applications.

Furthermore, expansion in nuclear and thermal power plant sectors in this region will boost the regional air compressor market in the coming years. Air compressors are majorly used in all sorts of power plants, such as hydroelectric, thermal, & nuclear power facilities, and also in diesel-engine generators. Additionally, the presence of multiple multinational pharmaceutical and chemical producers in the region and the increasing emphasis on product quality urged by stringent guidelines will enhance the air compressor market demand in the coming years.

However, the size of compressors is a restraining factor in the product market growth. The size of a compressor depends on the required capacity. Higher capacity needs a bulkier size that results in higher levels of air & noise pollution coupled with space limiting issues. Larger systems are also less energy-efficient than the smaller ones, resulting in an increased energy consumption.

The market is classified based on product, technology, lubrication, and applications. The product segment consists of portable and stationary. Similarly, the technology segment is classified into reciprocating, centrifugal, and rotary, which is further divided into screw and scroll. Based on lubrication, the market size is categorized into oil-filled and oil-free. Based on applications, the industry is classified into manufacturing, home appliances, oil & gas, food & beverage, energy, commercial, transportation, mining & construction, and healthcare, which is further divided into medical, dental, and others.

The foremost players contributing to the market are Kaeser Kompressoren SE, Aerzener Maschinenfabrik GmbH (Aerzen), Atlas Copco, Bauer Compressors, Inc., Gardner Denver, Inc., Ingersoll-Rand plc, Sullair LLC, Doosan Portable Power, Sullivan-Palatek, Inc., Quincy Compressor, and several others.