Market Share of Industrial Air Compressors Industry
The Industrial Air Compressors Market is competitive, with several players in the market. The players in the market, such as Atlas Copco Group, Ingersoll Rand Inc.(Gardner Denver Inc.), Kaeser Kompressoren, Inc., and Mitsubishi Heavy Industries Compressor Corp, are engaged in maintaining a competitive edge in the market. This has intensified the competitive rivalry in the market, and therefore, the market concentration is low.
In May 2022, ELGi introduced two new ranges of Air Compressors, ELGi AB 11 - 22kW, the latest addition to the AB-Series range of oil-free screw air compressors. The units specifically address the compressed air requirements of the food and beverage, small pharmaceutical, and dairy industry, and LD Series 2.2 - 11kW lubricated direct drive range of reciprocating air compressors. The new LD Series is an innovation in piston air compressor technology.
In June 2022, Ingersoll Rand unveiled the latest innovation in its centrifugal portfolio, the new MSG Turbo-Air NX 1500 (NX 1500) compressor, engineered to deliver the lowest total cost of ownership for sites seeking a long-lasting, low-maintenance and 100 percent oil-free solution. The NX 1500 can meet the demands of energy-intensive sites while making a substantial difference to a business's bottom line through a range of proven technologies and features.
Industrial Air Compressor Market Leaders
Atlas Copco AB
Ingersoll Rand Inc. (Gardner Denver Inc.)
Mitsubishi Heavy Industries Compressor Corp
Kaeser Kompressoren, Inc.
FS-Curtis (Curtis-Toledo, Inc.)
*Disclaimer: Major Players sorted in no particular order
