Table of Content

"1    INTRODUCTION    36
1.1    OBJECTIVES OF THE STUDY    36
1.2    DEFINITION    36
1.3    INCLUSIONS AND EXCLUSIONS    37
1.3.1    INDUSTRIAL AIR COMPRESSOR MARKET, BY PRODUCT TYPE    37
1.3.2    INDUSTRIAL AIR COMPRESSOR MARKET, BY PRESSURE    37
1.3.3    INDUSTRIAL AIR COMPRESSOR MARKET, BY OUTPUT POWER    37
1.3.4    INDUSTRIAL AIR COMPRESSOR MARKET, BY COOLANT TYPE    38
1.3.5    INDUSTRIAL AIR COMPRESSOR MARKET, BY SEAL TYPE    38
1.3.6    INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY    38
1.4    MARKET SCOPE    39
FIGURE 1    INDUSTRIAL AIR COMPRESSOR MARKET SEGMENTATION    39
1.4.1    REGIONAL SCOPE    40
1.4.2    YEARS CONSIDERED FOR THE STUDY    40
1.5    CURRENCY    41
1.6    LIMITATIONS    41
1.7    STAKEHOLDERS    41
1.8    SUMMARY OF CHANGES    42
2    RESEARCH METHODOLOGY    43
2.1    RESEARCH DATA    43
FIGURE 2    INDUSTRIAL AIR COMPRESSOR MARKET: RESEARCH DESIGN    44
2.2    MARKET BREAKDOWN AND DATA TRIANGULATION    45
FIGURE 3    DATA TRIANGULATION METHODOLOGY    45
2.2.1    SECONDARY DATA    46
2.2.1.1    Key data from secondary sources    46
2.2.2    PRIMARY DATA    46
2.2.2.1    Key data from primary sources    47
2.2.2.2    Breakdown of primaries    48
2.3    IMPACT OF COVID-19 ON INDUSTRY    49
2.4    SCOPE    49
FIGURE 4    MAIN METRICS CONSIDERED WHILE ANALYZING AND ASSESSING DEMAND FOR INDUSTRIAL AIR COMPRESSORS    49
2.5    MARKET SIZE ESTIMATION    50
2.5.1    BOTTOM-UP APPROACH    50
FIGURE 5    MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH    50
2.5.2    TOP-DOWN APPROACH    51
FIGURE 6    MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH    51
2.5.3    DEMAND-SIDE ANALYSIS    52
2.5.3.1    Regional analysis    52
2.5.3.2    Country analysis    53
2.5.3.3    Assumptions for demand-side    53
2.5.3.4    Calculation for demand-side    53
2.5.4    SUPPLY-SIDE ANALYSIS    54
FIGURE 7    KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF INDUSTRIAL AIR COMPRESSORS    54
FIGURE 8    INDUSTRIAL AIR COMPRESSOR MARKET: SUPPLY-SIDE ANALYSIS    55
2.5.4.1    Supply-side calculation    55
2.5.4.2    Assumptions for supply-side    55
FIGURE 9    COMPANY REVENUE ANALYSIS, 2020    56
2.5.5    FORECAST    56
3    EXECUTIVE SUMMARY    57
TABLE 1    INDUSTRIAL AIR COMPRESSOR MARKET SNAPSHOT    58
FIGURE 10    ASIA PACIFIC DOMINATED INDUSTRIAL AIR COMPRESSOR MARKET IN 2020    59
FIGURE 11    POSITIVE DISPLACEMENT TYPE TO ACCOUNT FOR LARGEST SHARE OF INDUSTRIAL AIR COMPRESSOR MARKET, BY PRODUCT TYPE,
FROM 2021 TO 2026    60
FIGURE 12    RECIPROCATING TYPE TO LEAD INDUSTRIAL AIR COMPRESSOR MARKET, FROM 2021 TO 2026    60
FIGURE 13    SCREW TYPE TO LEAD INDUSTRIAL AIR COMPRESSOR MARKET,
FROM 2021 TO 2026    61
FIGURE 14    CENTRIFUGAL TYPE TO LEAD INDUSTRIAL AIR COMPRESSOR MARKET,
FROM 2021 TO 2026    61
FIGURE 15    STATIONARY SEGMENT TO HOLD LARGER SHARE OF INDUSTRIAL AIR COMPRESSOR MARKET, BY DESIGN, FROM 2021 TO 2026    62
FIGURE 16    UP TO 20 BAR SEGMENT TO ACCOUNT FOR LARGER SHARE OF INDUSTRIAL AIR COMPRESSOR MARKET, BY PRESSURE, FROM 2021 TO 2026    62
FIGURE 17    51—250 KW SEGMENT TO ACCOUNT FOR LARGEST SHARE OF INDUSTRIAL AIR COMPRESSOR MARKET, BY OUTPUT POWER, FROM 2021 TO 2026    63
FIGURE 18    OIL-FLOODED SEGMENT TO ACCOUNT FOR LARGEST SHARE OF INDUSTRIAL AIR COMPRESSOR MARKET, BY SEAL TYPE, FROM 2021 TO 2026    63
FIGURE 19    AIR-COOLED SEGMENT TO ACCOUNT FOR LARGEST SHARE OF INDUSTRIAL AIR COMPRESSOR MARKET, BY COOLANT TYPE, FROM 2021 TO 2026    64
FIGURE 20    CHEMICAL & PETROCHEMICAL INDUSTRY TO ACCOUNT FOR LARGEST SHARE OF INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, FROM 2021 TO 2026    65
4    PREMIUM INSIGHTS    66
4.1    ATTRACTIVE OPPORTUNITIES IN INDUSTRIAL AIR COMPRESSOR MARKET    66
FIGURE 21    RAPID INDUSTRIALIZATION AND GROWTH IN AUTOMATION IN EMERGING ECONOMIES TO DRIVE GROWTH OF INDUSTRIAL AIR COMPRESSOR MARKET BETWEEN 2021 AND 2026    66

4.2    INDUSTRIAL AIR COMPRESSOR MARKET, BY REGION    67
FIGURE 22    ASIA PACIFIC INDUSTRIAL AIR COMPRESSOR MARKET TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD    67
4.3    ASIA PACIFIC INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY AND COUNTRY    67
FIGURE 23    CHEMICAL & PETROCHEMICAL END-USER INDUSTRY AND CHINA HELD LARGEST SHARES OF INDUSTRIAL AIR COMPRESSOR MARKET IN ASIA PACIFIC IN 2020    67
4.4    INDUSTRIAL AIR COMPRESSOR MARKET, BY PRODUCT TYPE    68
FIGURE 24    POSITIVE DISPLACEMENT TYPE TO ACCOUNT FOR LARGEST MARKET SHARE, BY PRODUCT TYPE, BY 2026    68
FIGURE 25    ROTARY TYPE TO ACCOUNT FOR LARGEST MARKET SHARE, BY POSITIVE DISPLACEMENT PRODUCT TYPE, BY 2026    68
FIGURE 26    SCREW TYPE TO ACCOUNT FOR LARGEST MARKET SHARE, BY ROTARY INDUSTRIAL AIR COMPRESSOR TYPE, BY 2026    69
FIGURE 27    CENTRIFUGAL TYPE TO ACCOUNT FOR LARGEST MARKET SHARE, BY DYNAMIC DISPLACEMENT PRODUCT TYPE, BY 2026    69
4.5    INDUSTRIAL AIR COMPRESSOR MARKET, BY DESIGN    70
FIGURE 28    STATIONARY SEGMENT TO DOMINATE INDUSTRIAL AIR COMPRESSOR MARKET, BY USAGE TYPE, IN 2026    70
4.6    INDUSTRIAL AIR COMPRESSOR MARKET, BY PRESSURE    70
FIGURE 29    UP TO 20 BAR SEGMENT TO HOLD LARGEST SHARE OF INDUSTRIAL AIR COMPRESSOR MARKET, BY PRESSURE, IN 2026    70
4.7    INDUSTRIAL AIR COMPRESSOR MARKET, BY OUTPUT POWER    71
FIGURE 30    51—250 KW SEGMENT TO DOMINATE INDUSTRIAL AIR COMPRESSOR MARKET, BY OUTPUT POWER, IN 2026    71
4.8    INDUSTRIAL AIR COMPRESSOR MARKET, BY SEAL TYPE    71
FIGURE 31    OIL-FLOODED SEGMENT TO DOMINATE INDUSTRIAL AIR COMPRESSOR MARKET, BY SEAL TYPE, IN 2026    71
4.9    INDUSTRIAL AIR COMPRESSOR MARKET, BY COOLANT TYPE    72
FIGURE 32    AIR-COOLED SEGMENT TO HOLD LARGER SHARE OF INDUSTRIAL AIR COMPRESSOR MARKET, BY COOLANT TYPE, IN 2026    72
4.10    INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY    72
FIGURE 33    CHEMICALS & PETROCHEMICALS SEGMENT TO DOMINATE INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, IN 2026    72
5    MARKET OVERVIEW    73
5.1    INTRODUCTION    73
5.2    COVID-19 HEALTH ASSESSMENT    73
FIGURE 34    GLOBAL PROPAGATION OF COVID-19    74
FIGURE 35    PROPAGATION OF COVID-19 CASES IN SELECTED COUNTRIES    74
5.3    COVID-19 ECONOMIC ASSESSMENT    75
FIGURE 36    REVISED GDP FOR SELECTED G20 COUNTRIES IN 2020    75
5.4    MARKET DYNAMICS    76
FIGURE 37    INDUSTRIAL AIR COMPRESSOR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    76
5.4.1    DRIVERS    76
5.4.1.1    Rapid industrialization and increasing automation in emerging economies    76
TABLE 2    INDUSTRIAL SECTOR USES OF COMPRESSED AIR    77
FIGURE 38    GLOBAL ENERGY INVESTMENT, BY SOURCE, 2015–2021    78
5.4.1.2    Inflow of investments and rising demand for oil-free compressors in food & beverages industry    78
FIGURE 39    CAPITAL EXPENDITURE BY TOP 100 COMPANIES IN FOOD & BEVERAGES INDUSTRY, 2016–2020 (USD BILLION)    78
TABLE 3    ISO 8573-1:2010 COMPRESSED AIR CONTAMINANTS AND PURITY CLASSES    79
5.4.1.3    Surging demand from HVAC industry    80
FIGURE 40    HVAC SYSTEM MARKET, 2017–2026 (USD BILLION)    80
5.4.2    RESTRAINTS    81
5.4.2.1    Increased financial losses, equipment downtime, and unnecessary capacity additions associated with air leaks    81
5.4.2.2    High maintenance costs and total cost of ownership    81
5.4.3    OPPORTUNITIES    81
5.4.3.1    Increasing demand for energy-efficient air compressors    81
5.4.3.2    Rapid transformation of IoT in compressed air industry    82
5.4.3.3    Initiatives to set up new gas transportation infrastructure and upgrade existing infrastructure    82
TABLE 4    LIST OF NATURAL GAS PIPELINE PROJECTS IN US    83
5.4.3.4    Growing adoption of HVAC systems in Asia Pacific    84
5.4.4    CHALLENGES    84
5.4.4.1    Adherence to stringent quality standards    84
TABLE 5    INDUSTRY STANDARDS FOR INDUSTRIAL AIR COMPRESSORS IN EUROPE AND US    85
5.4.4.2    Reducing noise pollution and enabling quieter operations    86
5.5    TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS    86
5.5.1    REVENUE SHIFT AND NEW REVENUE POCKETS FOR INDUSTRIAL AIR COMPRESSOR PROVIDERS    86
FIGURE 41    REVENUE SHIFT FOR INDUSTRIAL AIR COMPRESSOR PROVIDERS    87
5.6    MARKET MAP    87
FIGURE 42    GMARKET MAP: INDUSTRIAL AIR COMPRESSOR MARKET    87
TABLE 6    INDUSTRIAL AIR COMPRESSOR MARKET: ROLE IN ECOSYSTEM    88
5.7    VALUE CHAIN ANALYSIS    89
FIGURE 43    VALUE CHAIN ANALYSIS: INDUSTRIAL AIR COMPRESSOR MARKET    90
5.7.1    RAW MATERIAL PROVIDERS/SUPPLIERS    90
5.7.2    COMPONENT MANUFACTURERS    90
5.7.3    INDUSTRIAL AIR COMPRESSOR MANUFACTURERS/ASSEMBLERS    91
5.7.4    DISTRIBUTORS (BUYERS)/END USERS    91
5.7.5    POST-SALES SERVICES    91

5.8    TECHNOLOGY ANALYSIS    91
5.8.1    IOT-CONNECTED INDUSTRIAL AIR COMPRESSORS    91
5.9    AVERAGE SELLING PRICES    92
TABLE 7    AVERAGE SELLING PRICES OF INDUSTRIAL AIR COMPRESSORS IN INDIA, 2020    92
5.10    TARIFFS, CODES, & REGULATIONS    92
5.10.1    TARIFFS RELATED TO INDUSTRIAL AIR COMPRESSORS    92
TABLE 8    IMPORT TARIFFS FOR HS 8414 AIR OR VACUUM PUMPS, AIR OR OTHER GAS COMPRESSORS AND FANS; VENTILATING OR RECYCLING HOODS INCORPORATING A FAN, WHETHER OR NOT FITTED WITH FILTERS IN 2019    92
5.10.2    CODE AND REGULATIONS RELATED TO INDUSTRIAL AIR COMPRESSORS    93
TABLE 9    INDUSTRIAL AIR COMPRESSOR: CODES AND REGULATIONS    93
5.11    INNOVATIONS AND PATENT REGISTRATIONS    96
TABLE 10    INDUSTRIAL AIR COMPRESSOR: INNOVATIONS AND PATENT REGISTRATIONS, JUNE 2017–AUGUST 2021    96
5.12    PORTER’S FIVE FORCES ANALYSIS    103
FIGURE 44    PORTER’S FIVE FORCES ANALYSIS FOR INDUSTRIAL AIR COMPRESSOR MARKET    103
TABLE 11    INDUSTRIAL AIR COMPRESSOR MARKET: PORTER’S FIVE FORCES ANALYSIS    103
5.12.1    THREAT OF SUBSTITUTES    104
5.12.2    BARGAINING POWER OF SUPPLIERS    104
5.12.3    BARGAINING POWER OF BUYERS    104
5.12.4    THREAT OF NEW ENTRANTS    104
5.12.5    INTENSITY OF COMPETITIVE RIVALRY    105
5.13    CASE STUDY ANALYSIS    105
5.13.1    BOGE KOMPRESSOREN PROVIDES INDUSTRIAL AIR COMPRESSORS FOR PRODUCTION OF PET BOTTLES AT FONTI DI VINADIO SPA    105
5.13.1.1    Problem Statement    105
5.13.1.2    Solution    105
5.13.2    BOGE KOMPRESSOREN PROVIDES COMPRESSORS FOR AN EFFICIENT SUPPLY OF WORKING AIR FOR METAL-FORMING OPERATIONS    105
5.13.2.1    Problem Statement    105
5.13.2.2    Solution    105
5.13.3    AIR TECHNOLOGIES PROVIDES NEW COMPRESSOR THAT HELPS AUTOMOTOVE MANUFACTURERS TO IMPROVE PLANT OPERATIONS    106
5.13.3.1    Problem Statement    106
5.13.3.2    Solution    106
5.13.4    BOGE KOMPRESSOREN PROVIDED COMPRESSED AIR FOR FILLING BREWERY KEGS AT BLACK SHEEP BREWERY    106
5.13.4.1    Problem Statement    106
5.13.4.2    Solution    106

6    INDUSTRIAL AIR COMPRESSOR MARKET, BY PRODUCT TYPE    107
6.1    INTRODUCTION    108
FIGURE 45    INDUSTRIAL AIR COMPRESSOR MARKET, BY PRODUCT TYPE, 2020    108
TABLE 12    INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY PRODUCT TYPE,
2019–2026 (USD MILLION)    108
TABLE 13    INDUSTRIAL AIR COMPRESSOR MARKET VOLUME, BY PRODUCT TYPE,
2019–2026 (MILLION UNITS)    109
6.2    POSITIVE DISPLACEMENT    109
6.2.1    GROWING DEMAND FROM CONSTRUCTION, AUTOMOTIVE & TRANSPORTATION, PACKAGING, METALS & MINING, AND OTHER END-USER INDUSTRIES LIKELY TO FUEL GROWTH OF INDUSTRIAL AIR COMPRESSOR MARKET    109
FIGURE 46    POSITIVE DISPLACEMENT INDUSTRIAL AIR COMPRESSOR MARKET,
BY TYPE, 2020    110
TABLE 14    POSITIVE DISPLACEMENT INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY TYPE, 2019–2026 (USD MILLION)    110
TABLE 15    POSITIVE DISPLACEMENT INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY REGION, 2019–2026 (USD MILLION)    111
6.2.1.1    Reciprocating    111
TABLE 16    RECIPROCATING INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)    112
6.2.1.2    Rotary    112
6.2.1.2.1    Screw    112
6.2.1.2.2    Scroll    113
6.2.1.2.3    Others    113
TABLE 17    ROTARY INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY TYPE,
2019–2026 (USD MILLION)    113
TABLE 18    ROTARY INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION,
2019–2026 (USD MILLION)    114
6.3    DYNAMIC DISPLACEMENT    114
6.3.1    LOWER MAINTENANCE, HIGH FLOW CAPACITIES, AND HIGH ENERGY & COMPRESSION EFFICIENCIES DRIVING GROWTH OF DYNAMIC DISPLACEMENT INDUSTRIAL AIR COMPRESSORS    114
FIGURE 47    DYNAMIC DISPLACEMENT INDUSTRIAL AIR COMPRESSOR MARKET,
BY TYPE, 2020    115
TABLE 19    DYNAMIC DISPLACEMENT INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY TYPE, 2019–2026 (USD MILLION)    115
TABLE 20    DYNAMIC DISPLACEMENT INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY REGION, 2019–2026 (USD MILLION)    116
6.3.1.1    Centrifugal    116
TABLE 21    CENTRIFUGAL INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)    117
6.3.1.2    Axial    117
TABLE 22    AXIAL INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION,
2019–2026 (USD MILLION)    117

7    INDUSTRIAL AIR COMPRESSOR MARKET, BY DESIGN    118
7.1    INTRODUCTION    119
FIGURE 48    INDUSTRIAL AIR COMPRESSOR MARKET, BY DESIGN, 2020    119
TABLE 23    INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY DESIGN, 2019–2026 (USD MILLION)    119
7.2    STATIONARY    120
7.2.1    GROWING FOOD & BEVERAGES, CHEMICALS, AND AUTOMOBILE INDUSTRIES LIKELY TO FUEL DEMAND FOR STATIONARY INDUSTRIAL AIR COMPRESSORS    120
TABLE 24    STATIONARY INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)    120
7.3    PORTABLE    121
7.3.1    USE OF LOW-EMISSION ENGINE TECHNOLOGY AND ACCESSIBILITY TO REMOTE LOCATIONS DRIVING GROWTH FOR PORTABLE INDUSTRIAL AIR COMPRESSORS    121
TABLE 25    PORTABLE INDUSTRIAL AIR COMPRESSOR MARKET, BY REGION,
2019–2026 (USD MILLION)    121
8    INDUSTRIAL AIR COMPRESSOR MARKET, BY PRESSURE    122
8.1    INTRODUCTION    123
FIGURE 49    INDUSTRIAL AIR COMPRESSOR MARKET, BY PRESSURE, 2020    123
TABLE 26    INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY PRESSURE,
2019–2026 (USD MILLION)    123
8.2    UP TO 20 BAR    124
8.2.1    GROWING APPLICATIONS OF UP TO 20 BAR COMPRESSORS IN PNEUMATIC TOOLS, CONTROLS, AND OTHER AUTOMATION SYSTEMS IN AUTOMOTIVE, AND FOOD & BEVERAGES LIKELY TO FUEL DEMAND FOR SEGMENT    124
TABLE 27    UP TO 20 BAR: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY REGION, 2019–2026 (USD MILLION)    124
8.3    21–100 BAR    124
8.3.1    INCREASING DEMAND FROM CHEMICALS, PETROCHEMICALS, FERTILIZERS, AND OTHER PROCESS INDUSTRIES EXPECTED TO DRIVE GROWTH FOR 21–100 BAR INDUSTRIAL AIR COMPRESSORS    124
TABLE 28    21–100 BAR: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)    125
8.4    ABOVE 100 BAR    125
8.4.1    INCREASING DEMAND FOR GAS DISTRIBUTION AND SURGING ADOPTION OF ENHANCED OIL RECOVERY TECHNIQUES EXPECTED TO BOOST GROWTH OF MARKET    125
TABLE 29    ABOVE 100 BAR: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)    126

9    INDUSTRIAL AIR COMPRESSOR MARKET, BY OUTPUT POWER    127
9.1    INTRODUCTION    128
FIGURE 50    INDUSTRIAL AIR COMPRESSOR MARKET, BY OUTPUT POWER, 2020    128
TABLE 30    INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY OUTPUT POWER, 2019–2026 (USD MILLION)    128
9.2    UP TO 50 KW    129
9.2.1    GROWING APPLICATIONS IN CONSTRUCTION, AUTOMOTIVE, FOOD & BEVERAGES, HEALTHCARE, AND PHARMACEUTICAL INDUSTRIES LIKELY TO FUEL DEMAND FOR UP TO 50 KW COMPRESSORS    129
TABLE 31    UP TO 50 KW: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)    129
9.3    51–250 KW    129
9.3.1    INCREASING DEMAND FOR CHEMICALS AND OTHER PROCESS INDUSTRIES IN EMERGING COUNTRIES EXPECTED TO DRIVE GROWTH FOR 51–250 KW INDUSTRIAL AIR COMPRESSORS    129
TABLE 32    51–250 KW: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)    130
9.4    251–500 KW    130
9.4.1    GROWING DEMAND FOR HVAC EXPECTED TO BOOST GROWTH OF INDUSTRIAL AIR COMPRESSOR MARKET    130
TABLE 33    251–500 KW: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)    131
9.5    ABOVE 500 KW    131
9.5.1    INCREASING LNG STORAGE CAPACITY AND GROWING DEMAND FROM PETROCHEMICAL INDUSTRY EXPECTED TO BOOST MARKET GROWTH    131
TABLE 34    ABOVE 500 KW: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)    132
10    INDUSTRIAL AIR COMPRESSOR MARKET, BY SEAL TYPE    133
10.1    INTRODUCTION    134
FIGURE 51    INDUSTRIAL AIR COMPRESSOR MARKET, BY SEAL TYPE, 2020    134
TABLE 35    INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY SEAL TYPE,
2019–2026 (USD MILLION)    134
10.2    OIL-FLOODED    135
10.2.1    LOWER INITIAL AND MAINTENANCE COSTS AND LONGER EQUIPMENT LIFE SPANS OF OIL-FLOODED INDUSTRIAL AIR COMPRESSORS LIKELY TO FUEL GROWTH OF MARKET    135
TABLE 36    OIL-FLOODED INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)    135
10.3    OIL-FREE    136
10.3.1    INCREASING USE IN FOOD & BEVERAGES, CHEMICALS, PHARMACEUTICALS, AND HEALTHCARE SECTORS DRIVING GROWTH FOR OIL-FREE INDUSTRIAL AIR COMPRESSORS    136
TABLE 37    OIL-FREE INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION,
2019–2026 (USD MILLION)    136

11    INDUSTRIAL AIR COMPRESSOR MARKET, BY COOLANT TYPE    137
11.1    INTRODUCTION    138
FIGURE 52    INDUSTRIAL AIR COMPRESSOR MARKET, BY COOLANT TYPE, 2020    138
TABLE 38    INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY COOLANT TYPE,
2019–2026 (USD MILLION)    138
11.2    AIR-COOLED    139
11.2.1    TECHNOLOGICAL ADVANCEMENTS IN DESIGN OF AIR-COOLED INDUSTRIAL AIR COMPRESSORS LIKELY TO FUEL MARKET GROWTH    139
TABLE 39    AIR-COOLED INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)    139
11.3    WATER-COOLED    140
11.3.1    LOWER POWER REQUIREMENTS AND INCREASED EFFICIENCY DRIVING GROWTH FOR WATER-COOLED INDUSTRIAL AIR COMPRESSORS    140
TABLE 40    WATER-COOLED INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY REGION, 2019–2026 (USD MILLION)    140
12    INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY    141
12.1    INTRODUCTION    142
FIGURE 53    INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2020    142
TABLE 41    INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    143
12.2    CHEMICALS & PETROCHEMICALS    143
12.2.1    INCREASING INVESTMENTS IN DOWNSTREAM OIL & GAS AND PETROCHEMICAL INDUSTRIES ALONG WITH MANUFACTURING CAPACITY EXPANSIONS IN CHEMICALS INDUSTRY LIKELY TO FUEL DEMAND FOR UP TO 20 BAR COMPRESSORS    143
TABLE 42    CHEMICALS & PETROCHEMICALS: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)    144
12.3    FOOD & BEVERAGES    144
12.3.1    INCREASING DEMAND FOR OIL-FREE COMPRESSED AIR EXPECTED TO DRIVE GROWTH OF INDUSTRIAL AIR COMPRESSORS IN FOOD & BEVERAGES INDUSTRY    144
TABLE 43    FOOD & BEVERAGES: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY REGION, 2019–2026 (USD MILLION)    145
12.4    OIL & GAS    145
12.4.1    INCREASING ADOPTON OF INDUSTRIAL AIR COMPRESSORS FOR ONSHORE AND OFFSHORE DRILLING, GAS COMPRESSION, AND PIPELINE AND PROCESS SERVICES (PPS) EXPECTED TO BOOST GROWTH OF OIL & GAS SEGMENT    145
TABLE 44    OIL & GAS: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)    146
12.5    PHARMACEUTICALS    146
12.5.1    SURGING DEMAND FOR CLASS “0” OIL-FREE AIR TO PREVENT RISK OF CONTAMINATION LIKELY TO FUEL DEMAND FOR PHARMACEUTICALS SEGMENT    146
TABLE 45    PHARMACEUTICALS: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)    147

12.6    CONSTRUCTION    147
12.6.1    INCREASING ADOPTION OF HEAVY-DUTY PORTABLE INDUSTRIAL AIR COMPRESSORS LIKELY TO BOOST DEMAND FOR CONSTRUCTION SEGMENT    147
TABLE 46    CONSTRUCTION: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)    148
12.7    AUTOMOTIVE & TRANSPORTATION    148
12.7.1    GROWING USE OF AUTOMATION SYSTEMS IN AUTOMOTIVE INDUSTRY LIKELY TO FUEL DEMAND FOR INDUSTRIAL AIR COMPRESSORS    148
TABLE 47    AUTOMOTIVE & TRANSPORTATION: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)    149
12.8    PACKAGING (INCLUDES PET BLOWING)    149
12.8.1    GROWING DEMAND FOR OIL-FREE COMPRESSORS LIKELY TO DRIVE GROWTH OF PACKAGING    149
TABLE 48    PACKAGING (INCLUDES PET BLOWING): INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)    149
12.9    POWER GENERATION    150
12.9.1    RISING DEMAND FOR POWER AND RETROFIT AND MODERNIZATION PROJECTS IN EUROPE AND NORTH AMERICA EXPECTED TO BOOST GROWTH OF POWER GENERATION SEGMENT    150
TABLE 49    POWER GENERATION: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY REGION, 2019–2026 (USD MILLION)    150
12.10    HEALTHCARE    151
12.10.1    GROWING DEMAND FOR COMPRESSED AIR APPLICATIONS TO DRIVE SURGICAL TOOLS AND PROVIDE CENTRAL STERILE SUPPLY LIKELY TO FUEL DEMAND FOR UP HEALTHCARE SEGMENT    151
TABLE 50    HEALTHCARE: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)    151
12.11    METALS & MINING    152
12.11.1    INCREASING APPLICATIONS OF INDUSTRIAL AIR COMPRESSORS IN TUNNELING, EXPLORATION DRILLING, AND SMELTING EXPECTED TO BOOST DEMAND FOR METALS & MINING SEGMENT    152
TABLE 51    METALS & MINING: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY REGION, 2019–2026 (USD MILLION)    152
12.12    HVAC    152
12.12.1    RISING DEMAND FOR HVAC SYSTEMS IN ASIA PACIFIC, ESPECIALLY IN CHINA AND INDIA, EXPECTED TO DRIVE DEMAND FOR INDUSTRIAL AIR COMPRESSORS    152
TABLE 52    HVAC: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION,
2019–2026 (USD MILLION)    153
12.13    OTHERS    153
TABLE 53    OTHERS: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION,
2019–2026 (USD MILLION)    154
13    GEOGRAPHIC ANALYSIS    155
13.1    INTRODUCTION    156
FIGURE 54    INDUSTRIAL AIR COMPRESSOR MARKET SHARE, BY REGION, 2020 (%)    157
FIGURE 55    INDUSTRIAL AIR COMPRESSOR MARKET IN ASIA PACIFIC TO REGISTER HIGHEST CAGR FROM 2021 TO 2026    157
TABLE 54    INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY REGION,
2019–2026 (USD MILLION)    158
TABLE 55    INDUSTRIAL AIR COMPRESSOR MARKET VOLUME, BY REGION,
2019–2026 (MILLION UNITS)    158
13.2    ASIA PACIFIC    159
FIGURE 56    SNAPSHOT: ASIA PACIFIC INDUSTRIAL AIR COMPRESSOR MARKET    160
13.2.1    BY PRODUCT TYPE    161
TABLE 56    ASIA PACIFIC: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY PRODUCT TYPE, 2019–2026 (USD MILLION)    161
TABLE 57    ASIA PACIFIC: INDUSTRIAL AIR COMPRESSOR MARKET VOLUME,
BY PRODUCT TYPE, 2019–2026 (MILLION UNITS)    161
TABLE 58    ASIA PACIFIC: INDUSTRIAL AIR COMPRESSOR MARKET SIZE FOR POSITIVE DISPLACEMENT, BY PRODUCT TYPE, 2019–2026 (USD MILLION)    161
TABLE 59    ASIA PACIFIC: INDUSTRIAL AIR COMPRESSOR MARKET SIZE FOR ROTARY,
BY TYPE, 2019–2026 (USD MILLION)    162
TABLE 60    ASIA PACIFIC: INDUSTRIAL AIR COMPRESSOR MARKET SIZE FOR DYNAMIC DISPLACEMENT, BY PRODUCT TYPE, 2019–2026 (USD MILLION)    162
13.2.2    BY DESIGN    162
TABLE 61    ASIA PACIFIC: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY DESIGN, 2019–2026 (USD MILLION)    162
13.2.3    BY PRESSURE    163
TABLE 62    ASIA PACIFIC: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY PRESSURE, 2019–2026 (USD MILLION)    163
13.2.4    BY OUTPUT POWER    163
TABLE 63    ASIA PACIFIC: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY OUTPUT POWER, 2019–2026 (USD MILLION)    163
13.2.5    BY SEAL TYPE    163
TABLE 64    ASIA PACIFIC: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY SEAL TYPE, 2019–2026 (USD MILLION)    163
13.2.6    BY COOLANT TYPE    164
TABLE 65    ASIA PACIFIC: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY COOLANT TYPE, 2019–2026 (USD MILLION)    164
13.2.7    BY END-USER INDUSTRY    164
TABLE 66    ASIA PACIFIC: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    164
13.2.8    BY COUNTRY    165
TABLE 67    ASIA PACIFIC: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION)    165
13.2.8.1    China    165
13.2.8.1.1    LNG capacity addition, new carbon capture, utilization, and storage projects along with growth of EV industry to fuel industrial air compressor market in China    165
TABLE 68    CHINA: INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    166
13.2.8.2    Australia    166
13.2.8.2.1    Industry-friendly government policies for lithium mining and water and wastewater treatment, as well as increasing investments in hydrogen production, to drive growth of industrial air compressor market in Australia    166
TABLE 69    AUSTRALIA: INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    168
13.2.8.3    India    168
13.2.8.3.1    Government initiatives to increase investments in manufacturing sector, as well as growth of chemical, healthcare, and pharmaceutical industry, to fuel growth of industrial air compressor market in India    168
TABLE 70    INDIA: INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    169
13.2.8.4    Japan    170
13.2.8.4.1    Increasing investments in food & beverages sector, sustained growth of manufacturing industry, and demand for LNG to drive industrial air compressor market in Japan    170
TABLE 71    JAPAN: INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    171
13.2.8.5    South Korea    171
13.2.8.5.1    Growth of steel, chemical, and construction industries in South Korea to drive growth of industrial air compressor market    171
TABLE 72    SOUTH KOREA: INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    172
13.2.8.6    Taiwan    172
13.2.8.6.1    Growing need for semiconductor chips and increasing LNG receiving capacity to meet energy demand to propel growth of industrial air compressor market in Taiwan    172
TABLE 73    TAIWAN: INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    173
13.2.8.7    Rest of Asia Pacific    174
TABLE 74    REST OF AISA PACIFIC: INDUSTRIAL AIR COMPRESSOR MARKET,
BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    175
13.3    NORTH AMERICA    175
FIGURE 57    SNAPSHOT: NORTH AMERICAN INDUSTRIAL AIR COMPRESSOR MARKET    177
13.3.1    BY PRODUCT TYPE    178
TABLE 75    NORTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY PRODUCT TYPE, 2019–2026 (USD MILLION)    178
TABLE 76    NORTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET VOLUME,
BY PRODUCT TYPE, 2019–2026 (MILLION UNITS)    178
TABLE 77    NORTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE FOR POSITIVE DISPLACEMENT, BY TYPE, 2019–2026 (USD MILLION)    178
TABLE 78    NORTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE FOR ROTARY, BY TYPE, 2019–2026 (USD MILLION)    179
TABLE 79    NORTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE FOR DYNAMIC DISPLACEMENT, BY TYPE, 2019–2026 (USD MILLION)    179
13.3.2    BY DESIGN    179
TABLE 80    NORTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY DESIGN, 2019–2026 (USD MILLION)    179
13.3.3    BY PRESSURE    180
TABLE 81    NORTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY PRESSURE, 2019–2026 (USD MILLION)    180
13.3.4    BY OUTPUT POWER    180
TABLE 82    NORTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY OUTPUT POWER, 2019–2026 (USD MILLION)    180
13.3.5    BY SEAL TYPE    181
TABLE 83    NORTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY SEAL TYPE, 2019–2026 (USD MILLION)    181
13.3.6    BY COOLANT TYPE    181
TABLE 84    NORTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY COOLANT TYPE, 2019–2026 (USD MILLION)    181
13.3.7    BY END-USER INDUSTRY    182
TABLE 85    NORTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    182
13.3.8    BY COUNTRY    182
TABLE 86    NORTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY COUNTRY, 2019–2026 (USD MILLION)    182
13.3.8.1    US    183
13.3.8.1.1    Increasing investments in automotive sector and surge in demand for food & beverages, petroleum, and chemical products to drive growth of industrial air compressor market in US    183
TABLE 87    US: INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    184
13.3.8.2    Canada    184
13.3.8.2.1    Increasing focus on oil & gas and water treatment plants expected to boost demand for industrial air compressors in Canada    184
TABLE 88    CANADA: INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    185
13.3.8.3    Mexico    186
13.3.8.3.1    Increasing investments in oil & gas and automotive industry will drive growth of industrial air compressor market in Mexico    186
TABLE 89    MEXICO: INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    187
13.4    EUROPE    187
13.4.1    BY PRODUCT TYPE    188
TABLE 90    EUROPE: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY PRODUCT TYPE, 2019–2026 (USD MILLION)    188
TABLE 91    EUROPE: INDUSTRIAL AIR COMPRESSOR MARKET VOLUME, BY PRODUCT TYPE, 2019–2026 (MILLION UNITS)    188
TABLE 92    EUROPE: INDUSTRIAL AIR COMPRESSOR MARKET SIZE FOR POSITIVE DISPLACEMENT, BY TYPE, 2019–2026 (USD MILLION)    189
TABLE 93    EUROPE: INDUSTRIAL AIR COMPRESSOR MARKET SIZE FOR ROTARY,
BY TYPE, 2019–2026 (USD MILLION)    189
TABLE 94    EUROPE: INDUSTRIAL AIR COMPRESSOR MARKET SIZE FOR DYNAMIC DISPLACEMENT, BY TYPE, 2019–2026 (USD MILLION)    189
13.4.2    BY DESIGN    190
TABLE 95    EUROPE: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY DESIGN,
2019–2026 (USD MILLION)    190
13.4.3    BY PRESSURE    190
TABLE 96    EUROPE: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY PRESSURE, 2019–2026 (USD MILLION)    190
13.4.4    BY OUTPUT POWER    190
TABLE 97    EUROPE: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY OUTPUT POWER, 2019–2026 (USD MILLION)    190
13.4.5    BY SEAL TYPE    191
TABLE 98    EUROPE: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY SEAL TYPE, 2019–2026 (USD MILLION)    191
13.4.6    BY COOLANT TYPE    191
TABLE 99    EUROPE: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY COOLANT TYPE, 2019–2026 (USD MILLION)    191
13.4.7    BY END-USER INDUSTRY    192
TABLE 100    EUROPE: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    192
13.4.8    BY COUNTRY    193
TABLE 101    EUROPE: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION)    193
13.4.8.1    Germany    193
13.4.8.1.1    Growth of water & wastewater treatment and chemical industries are prominent drivers for industrial air compressor market in Germany    193
TABLE 102    GERMANY: INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    194
13.4.8.2    UK    194
13.4.8.2.1    Growing demand from LNG market and for EV vehicles to increase deployment of industrial air compressors in UK    194
TABLE 103    UK: INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    195
13.4.8.3    Italy    196
13.4.8.3.1    Rise in demand from crude steel and water treatment plants leading to growth of industrial air compressor market in Italy    196
TABLE 104    ITALY: INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    196
13.4.8.4    France    197
13.4.8.4.1    Rising demand for carbon fiber in chemical industry increases deployment of industrial air compressors in France    197
TABLE 105    FRANCE: INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    198
13.4.8.5    Spain    198
13.4.8.5.1    Growing hydrocarbon and chemical sectors will drive growth of industrial air compressors in Spain    198
TABLE 106    SPAIN: INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    199
13.4.8.6    Russia    199
13.4.8.6.1    Increasing production of oil and mining activities will lead to growth of industrial air compressor market in Russia    199
TABLE 107    RUSSIA: INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    200
13.4.8.7    Rest of Europe    201
TABLE 108    REST OF EUROPE: INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    202"
"13.5    MIDDLE EAST & AFRICA    202
13.5.1    BY PRODUCT TYPE    203
TABLE 109    MIDDLE EAST & AFRICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY PRODUCT TYPE, 2019–2026 (USD MILLION)    203
TABLE 110    MIDDLE EAST & AFRICA: INDUSTRIAL AIR COMPRESSOR MARKET VOLUME, BY PRODUCT TYPE, 2019–2026 (MILLION UNITS)    203
TABLE 111    MIDDLE EAST & AFRICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE FOR POSITIVE DISPLACEMENT, BY PRODUCT TYPE, 2019–2026 (USD MILLION)    204
TABLE 112    MIDDLE EAST & AFRICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE FOR ROTARY, BY TYPE, 2019–2026 (USD MILLION)    204
TABLE 113    MIDDLE EAST & AFRICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE FOR DYNAMIC DISPLACEMENT, BY PRODUCT TYPE, 2019–2026 (USD MILLION)    204
13.5.2    BY DESIGN    205
TABLE 114    MIDDLE EAST & AFRICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY DESIGN, 2019–2026 (USD MILLION)    205
13.5.3    BY PRESSURE    205
TABLE 115    MIDDLE EAST & AFRICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY PRESSURE, 2019–2026 (USD MILLION)    205
13.5.4    BY OUTPUT POWER    205
TABLE 116    MIDDLE EAST & AFRICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY OUTPUT POWER, 2019–2026 (USD MILLION)    205
13.5.5    BY SEAL TYPE    206
TABLE 117    MIDDLE EAST & AFRICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY SEAL TYPE, 2019–2026 (USD MILLION)    206
13.5.6    BY COOLANT TYPE    206
TABLE 118    MIDDLE EAST & AFRICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY COOLANT TYPE, 2019–2026 (USD MILLION)    206
13.5.7    BY END-USER INDUSTRY    207
TABLE 119    MIDDLE EAST & AFRICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    207
13.5.8    BY COUNTRY    207
TABLE 120    MIDDLE EAST & AFRICA: INDUSTRIAL AIR COMPRESSOR MARKET,
BY COUNTRY, 2019–2026 (USD MILLION)    207
13.5.8.1    Saudi Arabia    208
13.5.8.1.1    Growing crude oil production is a prominent driver for industrial air compressor market in Saudi Arabia    208
TABLE 121    SAUDI ARABIA: INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    209
13.5.8.2    UAE    209
13.5.8.2.1    Growing application in mature oil & gas fields and water treatment plants leading to growth of industrial air compressor market in UAE    209
TABLE 122    UAE: INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    210
13.5.8.3    South Africa    210
13.5.8.3.1    Developing automotive industry and mining activities will lead to growth of industrial air compressor market in South Africa    210
TABLE 123    SOUTH AFRICA: INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    211
13.5.8.4    Rest of Middle East & Africa    212
TABLE 124    REST OF MIDDLE EAST & AFRICA: INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    213
13.6    SOUTH AMERICA    213
13.6.1    BY PRODUCT TYPE    214
TABLE 125    SOUTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY PRODUCT TYPE, 2019–2026 (USD MILLION)    214
TABLE 126    SOUTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET VOLUME,
BY PRODUCT TYPE, 2019–2026 (MILLION UNITS)    214
TABLE 127    SOUTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE FOR POSITIVE DISPLACEMENT, BY PRODUCT TYPE, 2019–2026 (USD MILLION)    214
TABLE 128    SOUTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE FOR ROTARY, BY TYPE, 2019–2026 (USD MILLION)    215
TABLE 129    SOUTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE FOR DYNAMIC DISPLACEMENT, BY PRODUCT TYPE, 2019–2026 (USD MILLION)    215
13.6.2    BY DESIGN    215
TABLE 130    SOUTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE, BY DESIGN, 2019–2026 (USD MILLION)    215
13.6.3    BY PRESSURE    216
TABLE 131    SOUTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY PRESSURE, 2019–2026 (USD MILLION)    216
13.6.4    BY OUTPUT POWER    216
TABLE 132    SOUTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY OUTPUT POWER, 2019–2026 (USD MILLION)    216
13.6.5    BY SEAL TYPE    216
TABLE 133    SOUTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY SEAL TYPE, 2019–2026 (USD MILLION)    216
13.6.6    BY COOLANT TYPE    217
TABLE 134    SOUTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY COOLANT TYPE, 2019–2026 (USD MILLION)    217
13.6.7    BY END-USER INDUSTRY    217
TABLE 135    SOUTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    217
13.6.8    BY COUNTRY    218
TABLE 136    SOUTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET SIZE,
BY COUNTRY, 2019–2026 (USD MILLION)    218
13.6.8.1    Brazil    218
13.6.8.1.1    Increasing investments due to privatization in oil & gas and power generation industries to propel demand for industrial air compressors in Brazil    218
TABLE 137    BRAZIL: INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    219
13.6.8.2    Argentina    219
13.6.8.2.1    Favorable government policies along with investments in food & beverages, oil & gas, mining, and wind power industries to fuel demand for industrial air compressors in Argentina    219
TABLE 138    ARGENTINA: INDUSTRIAL AIR COMPRESSOR MARKET, BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    220
13.6.8.3    Rest of South America    221
TABLE 139    REST OF SOUTH AMERICA: INDUSTRIAL AIR COMPRESSOR MARKET,
BY END-USER INDUSTRY, 2019–2026 (USD MILLION)    222
14    COMPETITIVE LANDSCAPE    223
14.1    KEY PLAYERS STRATEGIES    223
TABLE 140    OVERVIEW OF KEY STRATEGIES DEPLOYED BY TOP PLAYERS,
JANUARY 2017– DECEMBER 2021    223
14.2    MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS    227
TABLE 141    INDUSTRIAL AIR COMPRESSOR MARKET: DEGREE OF COMPETITION    227
FIGURE 58    INDUSTRIAL AIR COMPRESSOR MARKET SHARE ANALYSIS, 2020    228
14.3    REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS    229
FIGURE 59    TOP PLAYERS IN INDUSTRIAL AIR COMPRESSOR MARKET
FROM 2016 TO 2020    229
14.4    COMPANY EVALUATION QUADRANT    230
14.4.1    STAR    230
14.4.2    PERVASIVE    230
14.4.3    EMERGING LEADER    230
14.4.4    PARTICIPANT    230
FIGURE 60    COMPETITIVE LEADERSHIP MAPPING: INDUSTRIAL AIR COMPRESSOR MARKET, 2020    231
14.5    START-UP/SME EVALUATION QUADRANT, 2020    232
14.5.1    PROGRESSIVE COMPANY    232
14.5.2    RESPONSIVE COMPANY    232
14.5.3    DYNAMIC COMPANY    232
14.5.4    STARTING BLOCK    232
FIGURE 61    INDUSTRIAL AIR COMPRESSOR MARKET: START-UP/SME EVALUATION QUADRANT, 2020    233
14.6    INDUSTRIAL AIR COMPRESSOR: COMPANY FOOTPRINT    234
TABLE 142    BY PRODUCT TYPE: COMPANY FOOTPRINT    234
TABLE 143    BY REGION: COMPANY FOOTPRINT    235
TABLE 144    BY END-USER INDUSTRY: COMPANY FOOTPRINT    236
TABLE 145    COMPANY FOOTPRINT    238
14.7    COMPETITIVE SCENARIO    239
TABLE 146    INDUSTRIAL AIR COMPRESSOR MARKET: PRODUCT LAUNCHES,
JUNE 2020– OCTOBER 2021    239
TABLE 147    INDUSTRIAL AIR COMPRESSOR: DEALS, OCTOBER 2020– SEPTEMBER 2021    240
TABLE 148    INDUSTRIAL AIR COMPRESSOR MARKET: OTHERS,
MAY 2017 – NOVEMBER 2021    242
15    COMPANY PROFILES    243
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
15.1    KEY PLAYERS    243
15.1.1    ATLAS COPCO    243
TABLE 149    ATLAS COPCO: BUSINESS OVERVIEW    243
FIGURE 62    ATLAS COPCO: COMPANY SNAPSHOT, 2020    244
TABLE 150    ATLAS COPCO: PRODUCTS OFFERED    244
TABLE 151    ATLAS COPCO: PRODUCT LAUNCHES    249
TABLE 152    ATLAS COPCO: DEALS    250
TABLE 153    ATLAS COPCO: OTHERS    259
15.1.2    INGERSOLL RAND    261
TABLE 154    INGERSOLL RAND: BUSINESS OVERVIEW    261
FIGURE 63    INGERSOLL RAND: COMPANY SNAPSHOT, 2020    262
TABLE 155    INGERSOLL RAND: PRODUCTS/SOLUTIONS/SERVICES OFFERED    262
TABLE 156    INGERSOLL RAND: PRODUCT LAUNCHES    267
TABLE 157    INGERSOLL RAND: DEALS    268
15.1.3    DOOSAN INFRACORE    271
TABLE 158    DOOSAN IFNRACORE: BUSINESS OVERVIEW    271
FIGURE 64    DOOSAN INFRACORE: COMPANY SNAPSHOT, 2020    272
TABLE 159    DOOSAN INFRACORE: PRODUCTS OFFERED    272
TABLE 160    DOOSAN INFRACORE: PRODUCT LAUNCHES    279
TABLE 161    DOOSAN INFRACORE: DEALS    280
TABLE 162    DOOSAN INFRACORE: OTHERS    280
15.1.4    HITACHI    282
TABLE 163    HITACHI: BUSINESS OVERVIEW    282
FIGURE 65    HITACHI: COMPANY SNAPSHOT, 2020    283
TABLE 164    HITACHI: PRODUCTS OFFERED    284
TABLE 165    HITACHI: PRODUCT LAUNCHES    286
TABLE 166    HITACHI: DEALS    286
15.1.5    KOBE STEEL    288
TABLE 167    KOBE STEEL: BUSINESS OVERVIEW    288
FIGURE 66    KOBE STEEL: COMPANY SNAPSHOT, 2020    289
TABLE 168    KOBE STEEL: PRODUCTS OFFERED    289
TABLE 169    KOBE STEEL: PRODUCT LAUNCHES    293
TABLE 170    KOBE STEEL: DEALS    293
TABLE 171    KOBE STEEL: OTHERS    294
15.1.6    MITSUBISHI HEAVY INDUSTRIES    296
TABLE 172    MITSUBISHI HEAVY INDUSTRIES: BUSINESS OVERVIEW    296
FIGURE 67    MITSUBISHI HEAVY INDUSTRIES: COMPANY SNAPSHOT, 2020    297
TABLE 173    MITSUBISHI HEAVY INDUSTRIES: PRODUCTS OFFERED    297
TABLE 174    MITSUBISHI HEAVY INDUSTRIES: DEALS    298
15.1.7    EBARA CORPORATION (ELLIOTT GROUP)    299
TABLE 175    EBARA CORPORATION (ELLIOTT GROUP): BUSINESS OVERVIEW    299
FIGURE 68    EBARA CORPORATION (ELLIOTT GROUP): COMPANY SNAPSHOT, 2020    300
TABLE 176    EBARA CORPORATION (ELLIOTT GROUP): PRODUCTS OFFERED    300
TABLE 177    EBARA CORPORATION (ELLIOTT GROUP): DEALS    301
TABLE 178    EBARA CORPORATION (ELLIOTT GROUP): PRODUCT LAUNCHES    301
15.1.8    KIRLOSKAR PNEUMATIC    302
TABLE 179    KIRLOSKAR PNEUMATIC: BUSINESS OVERVIEW    302
FIGURE 69    KIRLOSKAR PNEUMATIC: COMPANY SNAPSHOT, 2020    303
TABLE 180    KIRLOSKAR PNEUMATIC: PRODUCTS OFFERED    303
TABLE 181    KIRLOSKAR PNEUMATIC: PRODUCT LAUNCHES    305
TABLE 182    KIRLOSKAR PNEUMATIC: DEALS    305
15.1.9    VOLKSWAGEN (MAN ENERGY SOLUTIONS)    306
TABLE 183    VOLKSWAGEN (MAN ENERGY SOLUTIONS): BUSINESS OVERVIEW    306
FIGURE 70    VOLKSWAGEN (MAN ENERGY SOLUTIONS): COMPANY SNAPSHOT, 2020    307
TABLE 184    VOLKSWAGEN (MAN ENERGY SOLUTIONS): PRODUCTS OFFERED    308
TABLE 185    VOLKSWAGEN (MAN ENERGY SOLUTIONS): DEALS    310
TABLE 186    VOLKSWAGEN (MAN ENERGY SOLUTIONS): OTHERS    312
15.1.10    ELGI EQUIPMENTS    314
TABLE 187    ELGI EQUIPMENTS: BUSINESS OVERVIEW    314
FIGURE 71    ELGI EQUIPMENTS: COMPANY SNAPSHOT, 2020    315
TABLE 188    ELGI EQUIPMENTS: PRODUCTS OFFERED    315
TABLE 189    ELGI EQUIPMENTS: OTHERS    317
TABLE 190    ELGI EQUIPMENTS: PRODUCT LAUNCHES    318
15.1.11    NIDEC    321
TABLE 191    NIDEC: BUSINESS OVERVIEW    321
FIGURE 72    NIDEC: COMPANY SNAPSHOT, 2020    322
TABLE 192    NIDEC: PRODUCTS OFFERED    322
TABLE 193    NIDEC: DEALS    325
TABLE 194    NIDEC.: OTHERS    326
TABLE 195    NIDEC: PRODUCT LAUNCHES    326
15.1.12    SIEMENS ENERGY    327
TABLE 196    SIEMENS ENERGY: BUSINESS OVERVIEW    327
FIGURE 73    SIEMENS ENERGY: COMPANY SNAPSHOT, 2021    328
TABLE 197    SIEMENS ENERGY: PRODUCTS OFFERED    328
TABLE 198    SIEMENS ENERGY: DEALS    330
TABLE 199    SIEMENS ENERGY: PRODUCT LAUNCHES    331
TABLE 200    SIEMENS ENERGY: OTHERS    331
15.1.13    SULZER    336
TABLE 201    SULZER: BUSINESS OVERVIEW    336
FIGURE 74    SULZER: COMPANY SNAPSHOT, 2020    337
TABLE 202    SULZER: PRODUCTS OFFERED    338
TABLE 203    SULZER: PRODUCT LAUNCHES    339
TABLE 204    SULZER: DEALS    340
15.1.14    BAKER HUGHES    341
TABLE 205    BAKER HUGHES: BUSINESS OVERVIEW    341
FIGURE 75    BAKER HUGHES: COMPANY SNAPSHOT, 2020    342
TABLE 206    BAKER HUGHES: PRODUCTS OFFERED    342
TABLE 207    BAKER HUGHES: DEALS    344
TABLE 208    BAKER HUGHES: OTHERS    345
15.1.15    DANFOSS    346
TABLE 209    DANFOSS: BUSINESS OVERVIEW    346
FIGURE 76    DANFOSS: COMPANY SNAPSHOT, 2020    347
TABLE 210    DANFOSS: PRODUCTS OFFERED    348
TABLE 211    DANFOSS: PRODUCT LAUNCHES    350
15.1.16    BOGE KOMPRESSOREN    352
TABLE 212    BOGE KOMPRESSOREN: BUSINESS OVERVIEW    352
TABLE 213    BOGE KOMPRESSOREN: PRODUCTS OFFERED    352
TABLE 214    BOGE KOMPRESSOREN: PRODUCT LAUNCHES    355
TABLE 215    BOGE KOMPRESSOREN: DEALS    357
15.2    OTHER PLAYERS    358
15.2.1    SAIMONA COMPRESSOR    358
15.2.2    COAIRE    359
15.2.3    SUNGSHIN COMPRESSOR    360
15.2.4    KAESER KOMPRESSOREN    361
15.2.5    FUSHENG GROUP    362
15.2.6    HUBEI TEWEITE POWER TECHNOLOGY    363"