Product Code: ETC4527865 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India industrial air compressor market import shipment exhibited robust growth with a significant CAGR from 2020 to 2024. Notably, the growth rate surged between 2023 and 2024, indicating accelerating momentum. Overall, the market displayed strong expansion, showcasing a promising and upward trend.
The India industrial air compressor market is essential for various manufacturing and industrial processes. Air compressors are used in applications like pneumatic tools, manufacturing operations, and HVAC systems. With the growth of India industrial sector, the demand for reliable and efficient air compression solutions has increased. Manufacturers are focusing on producing energy-efficient and durable air compressors that cater to the diverse needs of India industries.
The India industrial air compressor market is thriving as industrial operations require reliable sources of compressed air for various applications. Air compressors are essential in manufacturing processes, construction, and automotive industries, among others. The expansion of manufacturing facilities and the growth of infrastructure projects in India are driving the demand for industrial air compressors. Furthermore, the need for energy-efficient compressors to reduce operational costs and environmental impact is pushing the adoption of advanced compressor technologies. The industrial air compressor market is a critical component in ensuring efficient and reliable operations across various industrial sectors in India.
The India Industrial Air Compressor Market faces several challenges in its growth trajectory. A significant challenge is the competition from low-cost, lower-quality compressor products, which can undercut the market. Ensuring the availability of trained technicians for compressor installation and maintenance is essential, given the critical role of air compressors in various industries. The market must also address concerns about energy efficiency and environmental impact, especially with regard to reducing energy consumption and emissions. Additionally, regulatory standards for air compressor emissions and noise levels may evolve, and the industry must adapt to these changes. The industry should work on promoting the long-term cost savings and reliability of high-quality air compressors. Lastly, raising awareness about the benefits of using industrial air compressors for diverse applications is essential for market growth.
The industrial air compressor market in India experienced disruptions during the pandemic. Reduced industrial activity and capital constraints led to delayed investments in air compression technology. However, industries that prioritized efficiency and energy savings continued to invest in modern air compressors. As the India economy rebounds, the market is expected to regain its momentum.
The industrial air compressor market in India is dominated by players like Ingersoll Rand, Atlas Copco, and ELGi Equipments Limited. These companies offer a wide array of compressor solutions, focusing on energy efficiency, reliability, and innovative technology to meet diverse industrial demands.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Industrial Air Compressor Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Industrial Air Compressor Market Revenues & Volume, 2021 & 2031F |
3.3 India Industrial Air Compressor Market - Industry Life Cycle |
3.4 India Industrial Air Compressor Market - Porter's Five Forces |
3.5 India Industrial Air Compressor Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Industrial Air Compressor Market Revenues & Volume Share, By Output Power, 2021 & 2031F |
3.7 India Industrial Air Compressor Market Revenues & Volume Share, By Seal, 2021 & 2031F |
3.8 India Industrial Air Compressor Market Revenues & Volume Share, By Coolant Type, 2021 & 2031F |
3.9 India Industrial Air Compressor Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 India Industrial Air Compressor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization and manufacturing activities in India |
4.2.2 Growing demand for energy-efficient air compressors |
4.2.3 Expansion of sectors like automotive, construction, and oil gas requiring air compressors |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs |
4.3.2 Intense competition leading to price wars and margin pressures |
4.3.3 Technological advancements leading to the need for frequent upgrades |
5 India Industrial Air Compressor Market Trends |
6 India Industrial Air Compressor Market, By Types |
6.1 India Industrial Air Compressor Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Industrial Air Compressor Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Industrial Air Compressor Market Revenues & Volume, By Positive Displacement, 2021-2031F |
6.1.4 India Industrial Air Compressor Market Revenues & Volume, By Dynamic, 2021-2031F |
6.2 India Industrial Air Compressor Market, By Output Power |
6.2.1 Overview and Analysis |
6.2.2 India Industrial Air Compressor Market Revenues & Volume, By Up to 50 kW, 2021-2031F |
6.2.3 India Industrial Air Compressor Market Revenues & Volume, By 51??250 kW, 2021-2031F |
6.2.4 India Industrial Air Compressor Market Revenues & Volume, By 251??500 kW, 2021-2031F |
6.2.5 India Industrial Air Compressor Market Revenues & Volume, By Above 500 kW, 2021-2031F |
6.3 India Industrial Air Compressor Market, By Seal |
6.3.1 Overview and Analysis |
6.3.2 India Industrial Air Compressor Market Revenues & Volume, By Oil-flooded, 2021-2031F |
6.3.3 India Industrial Air Compressor Market Revenues & Volume, By Oil-free, 2021-2031F |
6.4 India Industrial Air Compressor Market, By Coolant Type |
6.4.1 Overview and Analysis |
6.4.2 India Industrial Air Compressor Market Revenues & Volume, By Air-Cooled, 2021-2031F |
6.4.3 India Industrial Air Compressor Market Revenues & Volume, By Water-Cooled, 2021-2031F |
6.5 India Industrial Air Compressor Market, By End-user Industry |
6.5.1 Overview and Analysis |
6.5.2 India Industrial Air Compressor Market Revenues & Volume, By Chemicals & Petrochemicals, 2021-2031F |
6.5.3 India Industrial Air Compressor Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.5.4 India Industrial Air Compressor Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.5.5 India Industrial Air Compressor Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.5.6 India Industrial Air Compressor Market Revenues & Volume, By Construction, 2021-2031F |
6.5.7 India Industrial Air Compressor Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.5.8 India Industrial Air Compressor Market Revenues & Volume, By Power Generation, 2021-2031F |
6.5.9 India Industrial Air Compressor Market Revenues & Volume, By Power Generation, 2021-2031F |
7 India Industrial Air Compressor Market Import-Export Trade Statistics |
7.1 India Industrial Air Compressor Market Export to Major Countries |
7.2 India Industrial Air Compressor Market Imports from Major Countries |
8 India Industrial Air Compressor Market Key Performance Indicators |
8.1 Energy efficiency ratings of air compressors in the market |
8.2 Adoption rate of smart and connected air compressor systems |
8.3 Number of new industrial projects and expansions in key sectors using air compressors |
9 India Industrial Air Compressor Market - Opportunity Assessment |
9.1 India Industrial Air Compressor Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Industrial Air Compressor Market Opportunity Assessment, By Output Power, 2021 & 2031F |
9.3 India Industrial Air Compressor Market Opportunity Assessment, By Seal, 2021 & 2031F |
9.4 India Industrial Air Compressor Market Opportunity Assessment, By Coolant Type, 2021 & 2031F |
9.5 India Industrial Air Compressor Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 India Industrial Air Compressor Market - Competitive Landscape |
10.1 India Industrial Air Compressor Market Revenue Share, By Companies, 2024 |
10.2 India Industrial Air Compressor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |