INDUSTRIAL AIR COMPRESSOR MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In March 2024, Hitachi Global Air Power  announced the launch of its new Sullair TS Series Industrial Air Compressors, designed to deliver best-in-class efficiency for industrial applications. This innovative series reflects Hitachi's commitment to providing advanced air power solutions that enhance productivity while minimizing energy consumption.
• In 2023, ELGi North America (ELGi) announced plans to introduce its latest portable air compressor, the GP35FP, at the highly anticipated CONEXPO-CON/AGG 2023 trade show. The event, which takes place from March 14 to 18 at the Las Vegas Convention Center, will serve as the platform for ELGi to showcase its latest innovation in the portable air compressor market.
• In 2023, Atlas Copco, a global leader in sustainable productivity solutions, launched XATS 900E, an innovative electric portable compressor designed to meet the growing demand for environment-friendly and efficient compressed air solutions. This new model reflects Atlas Copco's commitment to sustainability and advancing technology in the portable air compressor market.
• In 2023, Kaishan USA, a prominent global manufacturer of industrial air compressors, unveiled its latest innovation: the KRSL Series of low-pressure rotary screw air compressors. This new series is designed to meet the evolving needs of various industries by providing efficient, reliable, and cost-effective compressed air solutions.