The stationary air compressor market is set to grow significantly by 2027 on account of the technological advancement in the industry and an increase in the demand for household appliances.

The market observes constant technological innovations due to the presence of large number of competitors in the market. These are increasingly investing into R&D to enhance the functioning of their products thereby, playing a vital role in business expansion.

Subsequently, major industry players have been focusing on product development to monetize the growing product demand, which has improved market dynamics. For instance, in April 2019, Sullair introduced 260 Series portable diesel compressors for Teir 3 markets, designed to operate for more than 9 hours at a stretch and withstand high altitudes and rugged terrains.

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Moreover, in February 2021, Sullair launched its Mid- Range series which incorporates the game changing electronic spiral valve technology and is aimed at enhancing fuel efficiency. As a result, increasing efforts of the key industry players towards the development of novel products is propelling the expansion of the market globally.

The stationary air compressor market is categorized based on technology, lubricant, application and region.

With respect to technology, the market is further divided into rotary, reciprocating, and centrifugal. The rotary technology segment is further bifurcated based on screw, scroll, and others. The rotary screw sub segment is projected to witness growth at a CAGR of over 4% over the forecast period.

These compressors substitute piston compressors that require high-pressure air in large volume, either in large industrial applications or in high-power air-powered tools operations. In addition, superior product characteristics, such as lesser maintenance, high efficiency, and lower initial costs, will further fuel the market demand for the segment in the future.

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In terms of application, the stationary air compressor market is differentiated into home appliances, food and beverage, oil and gas, energy, semiconductors & electronics, manufacturing, healthcare and others.

The oil and gas sub segment is anticipated to exhibit growth at a CAGR of around 3% over the projected timeline. Due to rising worldwide oil and gas production and consumption, the application industry is expected to acquire significant pace. Increased population, increased demand from developing countries, government investments, and industrialization will all contribute to the sector’s growth.

From the regional point of view, the Middle East and Africa stationary air compressor market is projected to witness a significant expansion at a CAGR of almost 3.5% over the assessment period owing to the growth in oil & gas and mining exploration activities in the region. Additionally, the stationary air compressor sector in the Middle East and Africa will be significantly influenced by rising demand for big capacity equipment.