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Summary and extracts
1 Market Overview
1.1 Definition and presentation
An air compressor is a machine with which a steam or gas can be compressed. There are several uses for the air compressor. In fact, it can be used for cleaning (usually used to get to hard-to-reach corners), for inflating (such as bicycle wheels), for painting (it is used as a spray gun for painting walls), for sandblasting (a technique used to clean and polish certain surfaces), and for various air tools such as for the grinder, sander, and drill.
As for the global market size of air compressors, this has been estimated at $32.02 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 4 % from 2021 to 2028.
The Italian air compressor market since about 2012 has been characterized by a steady growth of about 2-3% per year. Being a product with different uses and present in different sectors the market trend depends on several factors that can be taken into consideration. At the industrial level, these machines in Italy are mainly used for drying, molding, bottling and air cushions for high-precision tools.
Within this market there has been a change in the way the product is sold. Buyers of this product are becoming more informed and have access to more and more information, and because of this they have more specific demands and are much more careful and finicky before the act of purchase. The trend is to get help from Industry 4.0 logic to provide a more personalized and specific customer experience. With this logic, it is possible to calculate and estimate endless data on preventive maintenance, energy consumption and variation in production loads.
One of the most important Italian companies in this market is Ceccato Aria Compressa, part of the Atlas Copco Group, a world leader in providing sustainable productivity solutions.
List of charts presented in this market study
- Turnover and production value of the air compressor market
- Number of people employed in the air compressor industry
- Number of enterprises in the air compressor industry
- Legal form of enterprises operating in the air compressor industry
- Companies' forecasts about their own production
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the air compressor market | Italy
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