Air Pressure Booster System Market by Pressure Type, Application, End Use Industry & Region | Forecast 2023 to 2033
Market Insights on Air Pressure Booster System covering sales outlook, demand forecast and up-to-date key trends
Air Pressure Booster System Market Outlook (2023 to 2033)
As per Future Market Insights, the air pressure booster system market is anticipated to attain a value pool of US$ 4 Billion by 2023-end. Global demand for air pressure booster systems is expected to rise at a CAGR of 5.7% to US$ 7 billion in 2033.
Data Points
Key Statistics
Expected Market Value in 2023
US$ 4 billion
Projected Market Value in 2033
US$ 7 billion
Growth Rate (2023 to 2033)
5.7% CAGR
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Powering Industrial Automation: Noteworthy Drivers for the Rapid Growth of Air Pressure Booster System Market
Growing automation and industrialization: Automation and industrialization are major driving factors for the air pressure booster system market. As industries become more automated and sophisticated, the need for advanced pneumatic systems and components, including air pressure booster systems, increases.
Rapid growth in the manufacturing sector: The manufacturing sector is one of the major users of air pressure booster systems, as it requires high-pressure compressed air for various applications such as machining, cutting, drilling, and spraying. The growing demand for manufactured goods is driving the growth of the manufacturing sector, which, in turn, is boosting the air pressure booster system market.
Technological advancements: The air pressure booster system market is experiencing continuous technological advancements, which are aimed at improving the efficiency, reliability, and performance of these systems. The development of advanced materials and components, such as high-pressure valves and regulators, is driving the growth of the air pressure booster system market.
Expanding Horizons: Notable Lucrative Opportunities for the Air Pressure Booster System Market Amidst Industrial Advancements
Increasing use in the food and beverage industry: The food and beverage industry requires compressed air for various applications, such as packaging, filling, and conveying. Air pressure booster systems are used to increase the pressure of compressed air, which is necessary for some of these applications. The growing demand for packaged and processed foods is expected to drive the growth of the air pressure booster system market in this industry.
Rising demand from the healthcare sector: The healthcare sector requires compressed air for various medical applications, such as ventilators, surgical instruments, and nebulizers. Air pressure booster systems are used to generate high-pressure air for these applications. The increasing demand for healthcare services and medical devices is expected to drive the growth of the air pressure booster system market in this sector.
Growing demand for renewable energy: The renewable energy sector is a significant user of compressed air systems, and air pressure booster systems play a crucial role in this industry. These systems are used to generate the high-pressure air required for wind turbines, hydroelectric power plants, and other renewable energy systems. The growing demand for renewable energy is expected to drive the growth of the air pressure booster system market in this sector.
Find your sweet spots for generating winning opportunities in this market.
Revolutionizing Manufacturing: Prominent Trends Shaping the Future of Air Pressure Booster System Market
Increasing adoption of Industry 4.0 technologies: Industry 4.0 technologies such as the Internet of Things (IoT) and automation are transforming the manufacturing industry. Air pressure booster systems are also being integrated with these technologies to provide real-time monitoring and control of the compressed air system. This trend is expected to continue, driving the growth of the air pressure booster system market.
Growing demand for customized solutions: Customers are increasingly looking for customized air pressure booster solutions that can meet their specific application requirements. This trend is driving manufacturers to offer a wide range of customized air pressure booster systems that cater to various applications and industries.
Increasing use of pneumatic systems in the automotive industry: The automotive industry is one of the significant users of pneumatic systems, and this trend is driving the growth of the air pressure booster system market. Air pressure booster systems are used in various automotive applications, such as braking, air suspension, and engine control systems.
Demand for Air Pressure Booster System will witness steady growth in short-term, with optimistic growth outlook in the long-run. Muted demand from construction industry will mean limited opportunities in near future, however, sales of miner equipment’s from infrastructure sector will provide momentum.
What is Driving Demand for Air Pressure Booster System
Growing demand from end use industries for dosing and filling processes will continue to drive demand for air pressure booster systems. Oil & gas and bottle manufacturing industry are the prominent end users which are expected primarily to offer lucrative avenue for the OEMs.
Air pressure booster system have excellent operational performance which exhibits high-capacity pressure system for safe and efficient performance in various application in end use industries.
Air pressure amplifying devices outperform traditional pressure amplifiers in terms of durability, reliability, high-pressure performance, and installation & maintenance costs. The air pressure amplifiers are designed to minimize wear, provide lower maintenance cost and extend service life.
These boosters provides the performance to keep your processes operating reliably at top efficiency even in extreme operating conditions. All of these benefits also come with a large weight reduction when compared to many other boosters, making for much easier installation and maintenance.
The above aspects can create a significant demand for air pressure booster system equipment to perform complex operations with advanced technology.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need and save 40%!
Oil & Gas Industry is Likely to Augment Air Pressure Booster System Sales
Oil & Gas projects around the globe have been impacted by COVID-19-induced slowdown. This has also had a ripple effect on oil & gas industry allied sector projects. As the air pressure amplifier system manufacturers are likely to witness sustained opportunities in the future from end-use industries.
Air pressure booster system is also used extensively for complex operations in various industries. Although lockdown and shelter-at-home guidelines have meant restricted production activities, sales are likely to improve over the course of the assessment period.
China Air Pressure Booster System Demand Scenario
China is one of the prominent markets for oil & gas and other manufacturing globally. The China market is set to tread on the historic pattern of bust and boom during the assessment period 2021 to 2031.
Demand is likely to remain significant in the next couple of years, as the end use industries make gradual recovery. Demand for pressure systems across end use industries in China will be led by oil & gas, bottle manufacturing, and other industries.
China will account for high demand for the manufacturing of air pressure amplifiers, as demand for equipment’s continues over the forecast period. Chain’s investment on oil and gas projects is likely to surge significantly over a period and beyond, and this will continue to benefit air pressure amplifiers manufacturing companies.
China air pressure amplifiers sales will also be impacted by the COVID-19 recovery in 2021. Equipment manufacturers faces a challenging year, however, there is growing optimism that low mortgage rates will lead to a spurt in early 2022. The momentum is likely to hold ground, which will provide an impetus to a wide range of pressure amplifying systems.
North America Demand Outlook
North America is understood to hold a major share in the world oil & gas exploration and production operations. The said industry is expected to earn significant chunk of the equipment utilization for upstream, midstream and downstream process stages.
From manufacturing perspective, Automotive and bottle manufacturing companies are expected to drive demand for air booster systems. Despite the COVID-19 challenges, most North America countries have maintained a steady growth in production and exports in 2020. USA is the leading
regional market which is expected to continue creating opportunities from oil & gas and other manufacturing industries.
Who are the Key Manufacturers and Suppliers of Air Pressure Booster System
Some of the leading manufacturers and suppliers of Air Pressure Booster System include
Midwest Pressure Systems
Dongguan Suncenter Fluid Control Equipment Co. Ltd
High Pressure Technologies LLC
Haskel International Inc.
MaxPro Technologies Inc.
Australian Safety Engineers,
Hydraulics International Inc.
Maximator GmbH
ProTech Pumps
Globe Airmotors and others
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.
Key Segments
By Pressure Type:
Below 100 PSI
100-250 PSI
250-500 PSI
500-750 PSI
750-1000 PSI
Above 1000 PSI
By Application:
Leak Detection
Pressure Testing
Valve Actuators
Blow Molding
Others
By End Use Industry:
Chemical Industry
Bottle Manufacturing Industry
Oil & Gas Industry
Automotive Industry
Other Industries
By Region:
North America
USA
Canada
Latin America
Brazil
Mexico
Rest of Latin America
Europe
Germany
Italy
France
United Kingdom
Spain
BENELUX
Russia
Rest of Europe
South Asia Pacific
India
ASEAN
Australia and New Zealand (ANZ)
Rest of South Asia and Pacific
East Asia
China
Japan
South Korea
Middle East and Africa
GCC Countries
Turkey
North Africa
South Africa
Table of Content
1. Executive Summary
2. Industry Introduction, including Taxonomy and Market Definition
3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections
5. Pricing Analysis
6. Global Market Analysis and Forecast
6.1. Pressure Type
6.2. Application
6.3. End Use Industry
7. Global Market Analysis and Forecast, By Pressure Type
7.1. Below 100 PSI
7.2. 100-250 PSI
7.3. 250-500 PSI
7.4. 500-750 PSI
7.5. 750-1000 PSI
7.6. Above 1000 PSI
8. Global Market Analysis and Forecast, By Application
8.1. Leak Detection
8.2. Pressure Testing
8.3. Valve Actuators
8.4. Blow Molding
8.5. Others
9. Global Market Analysis and Forecast, By End Use Industry
9.1. Chemical Industry
9.2. Bottle Manufacturing Industry
9.3. Oil & Gas Industry
9.4. Automotive Industry
9.5. Other Industries
10. Global Market Analysis and Forecast, By Region
10.1. North America
10.2. Latin America
10.3. Europe
10.4. East Asia
10.5. South Asia Pacific
10.6. Middle East & Africa
11. North America Sales Analysis and Forecast, by Key Segments and Countries
12. Latin America Sales Analysis and Forecast, by Key Segments and Countries
13. Europe Sales Analysis and Forecast, by Key Segments and Countries
14. East Asia Sales Analysis and Forecast, by Key Segments and Countries
15. South Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries
16. Middle East & Africa Sales Analysis and Forecast, by Key Segments and Countries
17. Sales Forecast by Pressure Type, Application, and End Use Industry for 30 Countries
18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
19. Company Profile
19.1. Midwest Pressure Systems
19.2. Dongguan Suncenter Fluid Control Equipment Co. Ltd