Top Companies in Air Compressor Market | Industry Major Players Research Report by Vantage Market Research | Historic data, Market Size & Share, Revenue and Price Analysis

An Air Compressor is a device that converts potential energy generated by an electric motor, diesel engine, or gasoline engine into pressured air, or compressed air.

Top Companies in Air Compressor Market | Industry Major Players Research Report by Vantage Market Research | Historic data, Market Size & Share, Revenue and Price Analysis
air compressor market

MARKET OVERVIEW

The Global Air Compressor Market is valued at USD 32.4 Billion in the year 2021 and is forecasted to reach a value of USD 38.9 Billion by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 3.1% over the forecast period. An Air Compressor is a pneumatic device that converts power (using an electric motor, diesel, or gasoline engine, etc.) into potential energy stored in pressurized air (i.e., compressed air). The air compressing device is used in various sectors in industries such as in inflation of vehicle and bicycle tires, balloons, air beds, and other inflatables, spray painting, pressure washing, fountains, scuba diving, paintball, cooling for refrigerators, freezers, and air conditioners, in-vehicle engines for heating and cooling, as well as in air brakes for larger trucks and trains and various other sectors like healthcare, agriculture, manufacturing, workshops, and construction.

Energy-efficient compressors are witnessing a surge in demand due to their cost-effective operations. The increased adoption of variable-speed systems, low maintenance cost, effective operation, and retrofitting for present structures are a few elements propelling the demand for Air Compressors throughout key end-use industries.  Also, the expanded demand for services and monitoring of compressed air installations is anticipated to drive the market increase of Air Compressors.

Get Access to Our Free Sample Report: https://www.vantagemarketresearch.com/air-compressor-market-1638/request-sample

Some of the key players operating in the Air Compressor Market are listed below:

Company Name

Revenue in the US

  • Atlas Copco AB

$12 Billion

  • Kobe Steel Ltd.

$16 Billion

  • Elgi Equipment Limited

$315 Million

  • Ingersoll-Rand PLC

$5 Billion

  • Kirloskar Pneumatic Company Limited

$135 Million

  • Mitsubishi Heavy Industries Ltd.

$3 Billion

  • Suzler Ltd.

$3 Billion

  • Ebara Corporations

$5 Billion

  • Porter Cable

<$5 Million

  • VMAC Global Technology Inc.

$38 Million

  1. Atlas Copco AB

Atlas Copco is a Swedish multinational industrial company that was founded in 1873. It has headquartered in Nacka, Sweden, and has 86 offices and locations across 69 countries. Atlas Copco AB is an international industrial group. The Company develops, manufactures, and markets compressed air equipment and treatment, vacuum solutions, mining equipment, generators, electric and pneumatic tools, hybrid joining technologies, and other assembly systems, as well as offers related equipment and services.

  1. Kobe Steel Ltd.

It was started in year 1905 and incorporated in the year 1911. Kobe Steel, Ltd. is located in Kobe, Yogo, Japan and is part of the Iron and Steel Mills and Ferroalloy Manufacturing Industry. Kobe Steel, Ltd. has 40,517 total employees across all of its locations and generates $16.21 billion in sales (USD). There are 554 companies in the Kobe Steel, Ltd. corporate family.

  1. Elgi Equipment Limited

Elgi Equipments Limited is a Public incorporated on 14 March 1960. It is classified as a non-govt company and is registered at the Registrar of Companies, Coimbatore. Its authorized share capital is Rs. 320,000,000 and its paid-up capital is Rs. 316,909,024. It is involved in the Manufacture of general-purpose machinery. Directors of Elgi Equipments Limited are Jairam Varadaraj, Ramprasad Mathrubutham, Ganesh Devaraj, Sudarsan Varadaraj, Harjeet Singh Wahan, and Mohan Nambiar, Balakrishnan Vijayakumar, Thangaraj Aruna, Anvarjay Varadaraj.

  1. Ingersoll-Rand PLC

Ingersoll Rand Inc. is a multinational company that provides flow creation and industrial products. The company was formed in February 2020 through the merger of the Industrial segment of Ingersoll-Rand Plc (now known as Trane Technologies) and Gardner Denver (Gardner Denver Holdings Inc). Its products are sold under more than 40 brands across all major global markets.

  1. Kirloskar Pneumatic Company Limited

Kirloskar Pneumatic Company Ltd. is one of the core group companies and was founded in 1958 under the chairmanship of Late Shri Shantanu Rao Kirloskar. It is a Public incorporated on 08 November 1974. It is classified as a non-govt company and is registered at the Registrar of Companies, Pune. Its authorized share capital is Rs. 375,000,000 and its paid-up capital is Rs. 128,890,576. It is involved in the Manufacture of general-purpose machinery.

  1. Mitsubishi Heavy Industries Ltd.

Mitsubishi Heavy Industries, Ltd. is a Japanese multinational engineering, electrical equipment, and electronics corporation headquartered in Tokyo, Japan founded on January 11, 1950. MHI is one of the core companies of the Mitsubishi Group and its automobile division is the predecessor of Mitsubishi Motors. MHI Group is 80,000 strong in more than 200 companies worldwide, operating in various sectors: power & energy, industrial machinery, urban infrastructure, aerospace, and Défense. It has a consolidated revenue of around 40 billion USD.

  1. Suzler Ltd.

Sulzer Ltd. is a Swiss industrial engineering and manufacturing firm, founded by Salomon Sulzer-Bernet in 1775 and established as Sulzer Brothers Ltd. in 1834 in Winterthur, Switzerland. Today it is a publicly-traded company with about 180 manufacturing facilities and service centers around the world. The company's shares are listed on the Swiss Stock Exchange.

  1. Ebara Corporations

The EBARA Corporation is a Japanese multinational. Founded by Issey Hatakeyama, brand founder, in 1912 with Prof. Ariya Inokuchi’s. It has more than 16,000 employees all over the world. EBARA has a global network consisting of more than 80 subsidiaries, 50 of which are consolidated companies, and a number of affiliates specializing in water treatment, environmental engineering systems, and precision machinery.

  1. Porter Cable

Porter-Cable was founded in 1906 in Syracuse, New York, by R.E. Porter, G.G. Porter, and F.E. Cable, who invested $2,300 in a jobbing machine and tool shop the trio ran out of a garage. Porter-Cable is an American company that manufactures power tools. Known for pioneering the portable belt sander, helical-drive circular saw, and portable band saw, it is a subsidiary of Stanley Black & Decker.

  1. VMAC Global Technology Inc.

VMAC is one of North America's only true Air Compressor manufacturers founded on the year 1986. Company Description: VMAC Global Technology Inc is located in Nanaimo, BC, Canada, and is part of the Other General Purpose Machinery Manufacturing Industry. VMAC Global Technology Inc has 100 total employees across all of its locations and generates $22.20 million in sales (USD). (Sales figure is modelled).

Read Latest Blog Top Companies in Business Software and Services Market: https://v-mr.biz/business-software-and-services-market

Do You Have Any Query or Specific Requirements? You may enquire to our sales team before purchase.

Contact us

Eric Kunz

6218 Georgia Avenue NW Ste 1 - 564

Washington DC 20011-5125

United States Tel: +1 202 380 9727

Email[email protected]

Website: https://www.vantagemarketresearch.com/

Follow Us on LinkedIn: https://www.linkedin.com/company/vantage-market-research/

Follow Us on Twitter: https://twitter.com/vantagemarketr