Global Air Compressor Market Outlook

the global air compressor market's outlook for the period of 2018 to 2032 has seen a steady trend in its growth rate. this can be attributed to the development of portable air compressors, the introduction of rotary screw compressors, and the expansion of usage of air compressors in the manufacturing sector. it has been seen that with the technological enhancements and advancements, air compressors are being used in different industries for various purposes. the growing demand for energy efficiency and air quality control has fueled the demand for air compressors in both industrial and commercial applications. furthermore, the introduction of smart tech solutions for air compressors has also played a major role in the growth of the air compressor market. in terms of product types, the global market for air compressors is divided into reciprocating, rotary screw, and centrifugal compressors. among these, the rotary screw segment has the highest market share. this is followed by the reciprocating and centrifugal segments. the rising demand for energy efficient and low-maintenance air compressors is fueling the adoption of rotary screw and centrifugal compressors in industrial and commercial sectors. in terms of the applications of air compressors, automotive, construction, manufacturing, and food processing are the major end-users. in the automotive industry, air compressors are used to fill tires as well as for dust extraction systems. in the construction industry, air compressors are used for the power drilling and cutting. the rising demand for air compressors in the aerospace sector is also expected to boost the market growth in the near future. overall, over the forecast period of 2018 to 2032, the global market for air compressors is estimated to witness steady growth. this can be attributed to the rising demand for energy efficient and portable air compressors, the expansion of usage in various industries, and the introduction of technologically advanced solutions. as the demand for air compressors continues to rise, manufacturers are focusing on improving the performance of their available product portfolio. this will further favor the growth of the market in the near future.