North America Air Compressor Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2023 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0208532
  • Format: Electronic (PDF)
  • Number of Pages: 195
  • Author(s): Joshi, Madhavi

Report Overview

The North America Air Compressor Market size was estimated at USD 8.5 billion in 2023 and is projected to reach USD 12.8 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.10% during the forecast period (2024-2030).

North America Air Compressor Market

(Market Size)
$8.5 billion
$12.8 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 6.10%
2023 Market Size USD 8.5 billion
2030 Market Size USD 12.8 billion
Key Players Atlas Copco, Ingersoll Rand, Sullair, Gardner Denver, Kaeser

Market Summary

The North America air compressor market serves as a critical component within the broader manufacturing and construction industries, providing essential pressurized air for a wide array of applications. This market is characterized by steady demand driven by industrial automation, infrastructure development, and maintenance activities across the United States, Canada, and Mexico. Air compressors are indispensable in operations ranging from powering pneumatic tools and machinery to processes like spray painting, packaging, and HVAC system operation. The market encompasses a diverse range of products, including rotary screw, reciprocating, centrifugal, and scroll compressors, each catering to specific pressure, flow, and power requirements. Key end-user industries heavily reliant on these systems include automotive manufacturing, food and beverage processing, oil and gas, pharmaceuticals, and general construction. The competitive landscape is populated by both multinational corporations and specialized regional players, all striving to innovate in terms of energy efficiency, noise reduction, and smart, IoT-enabled features. The market's evolution is closely tied to industrial output levels, technological advancements, and regulatory standards emphasizing energy conservation and emission reductions.

Key Highlights

The North America air compressor market is distinguished by several pivotal factors that underscore its importance and trajectory. A significant trend is the accelerating shift towards energy-efficient and variable speed drive (VSD) compressors, driven by rising electricity costs and stringent government regulations aimed at reducing carbon footprints. Manufacturers are increasingly integrating Internet of Things (IoT) capabilities, allowing for remote monitoring, predictive maintenance, and data analytics to optimize performance and minimize downtime. The robust manufacturing sector in the United States, particularly in automotive and aerospace, continues to be a primary demand driver, requiring high-quality compressed air for precision tools and automated production lines. Furthermore, the ongoing expansion and modernization of infrastructure across the region, including commercial construction and public works projects, sustains consistent demand for portable and stationary compressors. The market also sees intense competition, with leading players like Ingersoll Rand, Atlas Copco, and Gardner Denver focusing on product innovation, strategic acquisitions, and expanding their service and rental offerings to strengthen their market positions.

Drivers, Opportunities & Restraints

Several powerful drivers propel the North America air compressor market forward. The sustained growth in manufacturing activities, especially in the automotive, chemical, and food processing sectors, creates persistent demand for reliable compressed air systems. Increased investment in construction projects, including residential, commercial, and industrial infrastructure, further stimulates market growth. The pressing need for energy efficiency acts as a dual driver and opportunity; regulations and cost pressures are pushing industries to replace outdated, inefficient compressors with modern, VSD-equipped models that offer significant operational savings. This presents a substantial opportunity for manufacturers to capture retrofit and upgrade business. Additionally, the integration of Industry 4.0 principles, such as IoT connectivity and data-driven maintenance, opens new avenues for value-added services and smart product offerings. However, the market is not without its restraints. The high initial capital investment required for advanced compressor systems can be a barrier for small and medium-sized enterprises. Economic volatility and fluctuations in industrial output can lead to delayed capital expenditures on new equipment. Furthermore, the market faces the ongoing challenge of intense price competition, which can pressure profit margins and necessitate continuous innovation and cost optimization from suppliers.

Concentration Insights

The competitive concentration within the North America air compressor market is notably high, dominated by a handful of major international players who command significant market share. These industry leaders, including Ingersoll Rand, Atlas Copco, Gardner Denver, and Sullair, possess extensive product portfolios, robust distribution and service networks, and strong brand recognition. Their dominance is reinforced by continuous investment in research and development, leading to innovations in efficiency, durability, and smart technology integration. These corporations often compete not only on product features but also on their ability to provide comprehensive after-sales service, maintenance contracts, and compressed air system auditing. Alongside these giants, a segment of specialized and regional manufacturers exists, focusing on niche applications or specific compressor types, such as oil-free compressors for sensitive industries like pharmaceuticals and food processing. The market also features a vibrant ecosystem of distributors, rental companies, and system integrators who play a crucial role in reaching end customers across diverse geographic and industrial segments. This concentration suggests that market leadership is maintained through technological superiority, global scale, and deep customer relationships.

Type Insights

The North America air compressor market is segmented by type, with each category serving distinct operational needs and applications. Rotary screw compressors represent a dominant segment, prized for their continuous operation capability, reliability, and efficiency, making them ideal for industrial and manufacturing settings requiring a constant supply of air. Reciprocating or piston compressors are another significant category, often utilized in applications demanding high pressure but intermittent use, such as in smaller workshops, automotive garages, and for specific construction tools. Centrifugal compressors are employed for very high-volume applications, typically in large industrial plants like oil refineries and chemical processing facilities, where they provide oil-free air at immense volumes. Scroll compressors, known for their quiet operation and compact size, are frequently found in specialized applications requiring clean, oil-free air, such as in medical, dental, and laboratory environments. The choice of compressor type is fundamentally influenced by factors including required air pressure (PSI), flow rate (CFM), duty cycle, air quality specifications, and total cost of ownership considerations encompassing both purchase price and energy consumption.

Application Insights

Air compressors find application across a vast spectrum of industries in North America, each with unique requirements and driving specific demand patterns. In the manufacturing sector, which is the largest application segment, compressed air is the lifeblood of production lines, powering pneumatic tools, robotics, assembly equipment, and control systems. It is also essential for processes like injection molding, packaging, and material handling. The construction industry relies heavily on portable air compressors to operate jackhammers, nail guns, sandblasting equipment, and paint sprayers on job sites. Within the oil and gas industry, compressors are critical for processes such as gas injection, vapor recovery, and pipeline transmission, often requiring robust, explosion-proof models. The food and beverage industry demands oil-free compressed air to prevent contamination in activities like packaging, bottling, and food processing. Other significant application areas include pharmaceuticals, where sterile, oil-free air is mandatory; healthcare for medical air systems; and HVAC for operating control systems and actuators. The diversity of applications ensures a broad and resilient demand base for air compressor products and services.

Regional Insights

The North America air compressor market exhibits distinct characteristics across its key regions: the United States, Canada, and Mexico. The United States constitutes the largest and most mature market, driven by its vast and technologically advanced industrial base. States with strong manufacturing presences, such as Texas, California, Ohio, and Michigan, are particularly significant hubs of demand. The U.S. market is characterized by a high rate of technological adoption, with strong demand for energy-efficient and smart compressors. Canada's market, while smaller, is also well-developed, with demand closely linked to its natural resource sectors, including oil and gas extraction, mining, and forestry, which require durable and reliable compressor systems for harsh operating environments. Mexico represents a growing market with immense potential, fueled by its expanding manufacturing sector, often referred to as the "nearshoring" trend, where companies establish production facilities closer to the U.S. market. Industrial growth, foreign direct investment, and infrastructure development projects are key growth drivers in Mexico, though the market can be more sensitive to economic fluctuations and price competition compared to its northern neighbors.

Company Insights

The North America air compressor market is shaped by the strategies and portfolios of its leading participants. Ingersoll Rand stands as a preeminent player, offering a comprehensive range of products under brands like Ingersoll Rand and Gardner Denver, following a significant merger, with a strong focus on innovation and service. Atlas Copco is another global powerhouse, renowned for its advanced technology and efficient compressor solutions across all segments, supported by a vast service network. Sullair, a Hitachi Group company, is a major competitor, particularly strong in the rotary screw compressor segment and known for its durable products suited for demanding environments. Other notable companies include Kaeser Compressors, which emphasizes energy efficiency and system engineering; Bauer Compressors, a leader in high-pressure breathing air and industrial applications; and Quincy Compressor, with a long history and strong reputation for reliability. These companies compete intensely on technology, product performance, energy efficiency ratings, total cost of ownership, and the quality of their distribution and customer support services. The competitive dynamics encourage continuous innovation and a customer-centric approach to product development and service delivery.

Recent Developments

The North America air compressor market is dynamic, with recent developments focusing on technological innovation, sustainability, and strategic corporate maneuvers. A prominent trend is the accelerated launch of next-generation variable speed drive compressors, which offer superior energy savings by precisely matching air output to demand, a critical factor given rising energy costs. Major players are heavily investing in IoT and connectivity solutions, introducing compressors equipped with sensors and cloud-based platforms that enable remote monitoring, predictive maintenance alerts, and data analytics to optimize entire compressed air systems. There is also a growing emphasis on developing oil-free compressor technologies to meet the stringent air purity requirements of industries like food, pharmaceuticals, and electronics. Sustainability initiatives have led to the exploration of alternative materials and designs aimed at reducing the environmental impact of manufacturing and operation. On the corporate front, the market has witnessed strategic acquisitions and partnerships aimed at expanding product portfolios, enhancing technological capabilities, and strengthening geographic footprints to better serve a diverse and evolving customer base across the region.

Report Segmentation

This market research report on the North America air Compressor Market provides a detailed and structured analysis through a multi-faceted segmentation approach. The report is meticulously segmented by type to analyze the distinct dynamics of rotary screw, reciprocating, centrifugal, and scroll compressors, examining the demand drivers and competitive landscape for each category. It is further segmented by lubrication method, distinguishing between oil-flooded and oil-free compressors, which is crucial for understanding application-specific requirements in sensitive industries. The application segmentation offers deep insights into usage across key sectors including manufacturing, construction, oil & gas, food & beverage, healthcare, and others, highlighting the unique needs and growth prospects of each vertical. A critical segmentation by technology differentiates between traditional fixed-speed and increasingly popular variable speed drive compressors, analyzing the adoption trends and market penetration of energy-efficient solutions. Finally, the report provides a comprehensive regional analysis, breaking down the market for the United States, Canada, and Mexico, to deliver granular insights into country-specific trends, regulatory environments, and growth opportunities. This structured segmentation allows for a thorough understanding of the market from every pertinent angle.

FAQs

What are the different types of air compressors available? The primary types of air compressors utilized in North America include rotary screw compressors, known for continuous duty and efficiency; reciprocating or piston compressors, suitable for intermittent high-pressure applications; centrifugal compressors for very high-volume industrial uses; and scroll compressors, which provide quiet, oil-free air for sensitive environments.

Which industries are the largest users of air compressors? The manufacturing industry is the largest consumer, using compressed air to power tools, automation, and processes. The construction industry is another major user for portable equipment. Other significant sectors include oil and gas, food and beverage processing, pharmaceuticals, and healthcare.

What is a variable speed drive compressor? A variable speed drive (VSD) compressor is an advanced type of air compressor that adjusts its motor speed to precisely match the air demand of the application. This technology significantly reduces energy consumption compared to traditional fixed-speed models that simply load and unload, making VSD units highly efficient and cost-effective over time.

Who are the leading companies in the air compressor market? The market is led by global industrial giants such as Ingersoll Rand, Atlas Copco, and Gardner Denver. Other significant players include Sullair, Kaeser Compressors, and Quincy Compressor, all of which compete on technology, reliability, and service support.

What is the importance of oil-free air compressors? Oil-free air compressors are critically important in industries where air purity is paramount to avoid product contamination or process failure. This includes the food and beverage, pharmaceutical, medical, electronics, and textile industries. They eliminate the risk of oil carryover into the compressed air stream.

What are the key trends influencing the air compressor market? Key trends shaping the market include the strong shift towards energy-efficient and VSD compressors driven by sustainability goals and cost savings, the integration of IoT and digitalization for smart monitoring and predictive maintenance, and a growing demand for oil-free technology in specific clean-air applications.

Citius Research has developed a research report titled “North America Air Compressor Market Report - Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• North America Air Compressor Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The North America Air Compressor Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

North America Air Compressor Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

North America Air Compressor Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of North America Air Compressor Market
• Research Methodology
• Executive Summary
• Market Dynamics of North America Air Compressor Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of North America Air Compressor Market
• Cost and Gross Margin Analysis of North America Air Compressor Market
• North America Air Compressor Market Report - Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “North America Air Compressor Market Report - Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

North America Air Compressor Market Key Stakeholders

Below are the key stakeholders for the North America Air Compressor Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

North America Air Compressor Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the North America Air Compressor Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the North America Air Compressor Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in North America Air Compressor Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global North America Air Compressor Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global North America Air Compressor Market is expected to grow at a CAGR of XX% from 2023 to 2030.
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Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global North America Air Compressor Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global North America Air Compressor Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global North America Air Compressor Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global North America Air Compressor Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America North America Air Compressor Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America North America Air Compressor Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe North America Air Compressor Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA North America Air Compressor Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific North America Air Compressor Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa North America Air Compressor Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia North America Air Compressor Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

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