Compressed Air Treatment Equipment Market Size

Compressed Air Treatment Equipment Market size is expected to reach USD 30 Billion by the end of 2036, growing at a CAGR of 5% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of compressed air treatment equipment was USD 17 Billion. The expansion is attributed to the world's increasing industrialization, which is driving up demand for compressed air solutions in several sectors, such as manufacturing, automation, and construction. As per a report in 2023, a 9% increase from 2018 sees 66% of firms either utilizing automation or showing interest in doing so. Compressed air powers pneumatic tools, control systems, and machinery, which are employed in several industrial operations. The growing demand for trustworthy and efficient compressed air solutions to assist with industrial processes is boosting market expansion even further.

Compared to other power sources, air compressors are typically less expensive and require less maintenance. Since they require an electrical source, hydraulic pump, diesel or gasoline engine, power take-off (PTO), and air compressor to operate, they also require less physical labor. They are therefore a fantastic choice for companies trying to cut expenses and lessen their environmental effect. through lowering the total weight of the equipment required for GVM and trailers on trucks. while simultaneously reducing the amount of actual space that larger pieces of equipment occupy. Therefore, these benefits of air compressors are propelling the market growth.