Air Compressor Market 2030: The Rise of Eco-Friendly Technologies
The global air compressor market was valued at USD 25.46 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 4.7% between 2024 and 2030. Several factors are contributing to this growth, particularly the increasing enforcement of stringent environmental regulations and a rising focus on sustainability. These factors have prompted industries to adopt air compressors that are more energy-efficient and environmentally friendly. A number of sectors across the Asia-Pacific region-such as manufacturing, oil & gas, food & beverage, energy, medical, and home appliances-are witnessing substantial growth, driven by both public and private investments. Among these, China and India stand out as key markets, with their large manufacturing bases and significant demand for air compressors, positioning them as major players in the future expansion of the market. In many industries, the quality of compressed air is a critical factor for ensuring both product q...