Market Forecast By Type (Portable, Stationary), By Product (Reciprocating/Piston, Rotary/Screw, Centrifugal), By Lubrication (Oil-Filled, Oil-Free), By Application (Manufacturing, Semiconductors & Electronics, Food & Beverage, Healthcare/Medical, Home Appliances, Energy, Oil & Gas, Others) And Competitive Landscape
Product Code: ETC191137 | Publication Date: May 2022 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Thailand Air Compressor Market |
Forecast period | 2025-2031 |
CAGR | 5% |
Growing Sector | Industrial |
The Thailand Air Compressor Market report diversely covers the market by Types, Lubrication Method, Product, Applications. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers that would help stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Thailand Air Compressor Market is progressing and is projected to observe consistent growth in the forecast period. The growing industrial sector is driving growth in the market, due to increasing demand for compressed air in various industries such as manufacturing, automotive, and oil & gas.
According to 6Wresearch, the Thailand Air Compressor Market is anticipated to grow at a CAGR of 5% throughout the forecast period. The growth in the market is fueled by various factors such as the expanding industrial sector, increasing government initiatives and technological advancements in the air compressor industry. The rapid automotive industry in Thailand is also a major contributor to air compressor market growth, as air compressors are used in the automotive industry for various applications, such as engine construction, tire inflation, air conditioning systems and vehicle painting. Additionally, technological advancements and innovations in air compressors are also driving the growth in the market.
Despite the growth in the market, the Thailand Air Compressor Market is facing certain challenges that can hinder its growth in the forecast period. The primary challenge is the high cost of air compressors, which may limit its adoption in small and medium-sized enterprises. Additionally, fluctuations in raw material prices and lack of skilled labour also pose challenges for market growth. Moreover, strict regulations regarding emissions and noise pollution may also pose a challenge for manufacturers to produce efficient and environmentally friendly air compressors.
Some key trends shaping the market include:
Key investment opportunities include:
The primary players in the market include Atlas Copco, Ingersoll Rand, Kaeser Kompressoren SE, Gardner Denver Inc., Chicago Pneumatic, ELGi Equipment Limited and Sullair LLC. These companies are consistently investing in Research and Development activities to develop innovative products and expand their market reach. Currently, Atlas Copco holds the largest share in the market.
The Thai government has taken several initiatives to promote the use of energy-efficient and eco-friendly air compressors in the country. The government launched a program Thailand 4.0 which focuses on promoting sustainable growth through innovation and technology. This initiative aims to enhance the efficiency and competitiveness of industries by encouraging them to adopt advanced technologies, including energy-efficient air compressors.
The Thailand Air Compressor Market has been experiencing significant growth in recent years and is expected to continue its growth trajectory in the coming years driven by factors such as expanding industrial sector, growing investments in infrastructure development, and rising demand from end-user industries. Additionally, the increasing demand for portable and oil-free air compressors due to their ease of use and low maintenance requirements will also contribute to market expansion. Moreover, advancements in technology and product innovations by key players will also contribute to the market growth. The rising automation and digitization in end-use industries will also create demand for air compressors.
According to Dhaval, Research Manager, 6Wresearch, the stationary air compressor segment holds the dominant share in the market due to its extensive use in various industries such as manufacturing, construction, and food processing.
The Oil Free segment holds the dominant share in the market because it is lighter in weight, relatively affordable, and produces equal airflow and pressure as compared to its oil-lubricated counterparts.
The Rotary/Screw segment holds the dominant share in the market due to its high efficiency and broad application in various industries.
The Manufacturing application segment holds the dominant share in the market due to the increasing demand for high-quality air supply in various industries.
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 Thailand Air Compressor Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Air Compressor Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Air Compressor Market - Industry Life Cycle |
3.4 Thailand Air Compressor Market - Porter's Five Forces |
3.5 Thailand Air Compressor Market Revenues & Volume Share, By By Type, 2021 & 2031F |
3.6 Thailand Air Compressor Market Revenues & Volume Share, By By Product, 2021 & 2031F |
3.7 Thailand Air Compressor Market Revenues & Volume Share, By By Lubrication, 2021 & 2031F |
3.8 Thailand Air Compressor Market Revenues & Volume Share, By By Application, 2021 & 2031F |
4 Thailand Air Compressor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Air Compressor Market Trends |
6 Thailand Air Compressor Market, By Types |
6.1 Thailand Air Compressor Market, By By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Air Compressor Market Revenues & Volume, By By Type, 2021-2031F |
6.1.3 Thailand Air Compressor Market Revenues & Volume, By Portable, 2021-2031F |
6.1.4 Thailand Air Compressor Market Revenues & Volume, By Stationary, 2021-2031F |
6.2 Thailand Air Compressor Market, By By Product |
6.2.1 Overview and Analysis |
6.2.2 Thailand Air Compressor Market Revenues & Volume, By Reciprocating/Piston, 2021-2031F |
6.2.3 Thailand Air Compressor Market Revenues & Volume, By Rotary/Screw, 2021-2031F |
6.2.4 Thailand Air Compressor Market Revenues & Volume, By Centrifugal, 2021-2031F |
6.3 Thailand Air Compressor Market, By By Lubrication |
6.3.1 Overview and Analysis |
6.3.2 Thailand Air Compressor Market Revenues & Volume, By Oil-Filled, 2021-2031F |
6.3.3 Thailand Air Compressor Market Revenues & Volume, By Oil-Free, 2021-2031F |
6.4 Thailand Air Compressor Market, By By Application |
6.4.1 Overview and Analysis |
6.4.2 Thailand Air Compressor Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.3 Thailand Air Compressor Market Revenues & Volume, By Semiconductors & Electronics, 2021-2031F |
6.4.4 Thailand Air Compressor Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.4.5 Thailand Air Compressor Market Revenues & Volume, By Healthcare/Medical, 2021-2031F |
6.4.6 Thailand Air Compressor Market Revenues & Volume, By Home Appliances, 2021-2031F |
6.4.7 Thailand Air Compressor Market Revenues & Volume, By Energy, 2021-2031F |
6.4.8 Thailand Air Compressor Market Revenues & Volume, By Others, 2021-2031F |
6.4.9 Thailand Air Compressor Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Air Compressor Market Import-Export Trade Statistics |
7.1 Thailand Air Compressor Market Export to Major Countries |
7.2 Thailand Air Compressor Market Imports from Major Countries |
8 Thailand Air Compressor Market Key Performance Indicators |
9 Thailand Air Compressor Market - Opportunity Assessment |
9.1 Thailand Air Compressor Market Opportunity Assessment, By By Type, 2021 & 2031F |
9.2 Thailand Air Compressor Market Opportunity Assessment, By By Product, 2021 & 2031F |
9.3 Thailand Air Compressor Market Opportunity Assessment, By By Lubrication, 2021 & 2031F |
9.4 Thailand Air Compressor Market Opportunity Assessment, By By Application, 2021 & 2031F |
10 Thailand Air Compressor Market - Competitive Landscape |
10.1 Thailand Air Compressor Market Revenue Share, By Companies, 2024 |
10.2 Thailand Air Compressor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |