Market Forecast By Type (Portable, Stationary), By Product (Reciprocating/Piston, Rotary/Screw, Centrifugal), By Lubrication (Oil-Filled, Oil-Free), By Application (Manufacturing, Semiconductors & Electronics, Food & Beverage, Healthcare/Medical, Home Appliances, Energy, Oil & Gas, Others) And Competitive Landscape
Product Code: ETC191140 | Publication Date: Aug 2024 | Updated Date: Aug 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia Air Compressor market currently, in 2023, has witnessed an HHI of 2498, Which has increased slightly as compared to the HHI of 1702 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Indonesia Air Compressor Market |
Forecast period | 2024-2030 |
CAGR | 6.1% |
Growing Sector | Industrial |
The Indonesia Air Compressor Market report diversely covers the market by Types, Lubrication Method, Product, Applications. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers that would help stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Indonesia Air Compressor Market is progressing and is projected to observe consistent growth in the forecast period. The increasing demand for compressed air in industries such as oil and gas, manufacturing, construction, and automotive are driving growth in the market.
According to 6Wresearch, the Indonesia Air Compressor Market is anticipated to grow at a CAGR of 6.1% in the forecast period. The growth in the market is fueled by various factors such as the rapid industrialization and urbanization and increasing investments in infrastructure development. Another significant factor is the government's initiatives to promote foreign investments and improve infrastructure development. This has attracted many multinational companies to set up manufacturing plants in Indonesia, further boosting the demand for air compressors. The increasing usage of air compressors such as reciprocating compressor, rotary screw compressor, centrifugal compressors in end-user industries such as automotive, food and beverage has been propelling the air compressors market growth in recent years.
Despite the growth in the market, the Indonesia Air Compressor Market is facing certain challenges that can hinder its growth in the forecast period. The primary challenge is the high competition among local and international manufacturers. This has led to pricing pressures and reduced profit margins for companies. Moreover, Additionally, strict regulations regarding emissions and noise pollution may also pose a challenge for manufacturers to produce efficient and environmentally friendly air compressors.
The primary players in the market include Atlas Copco, Ingersoll Rand, Kaeser Kompressoren SE, Gardner Denver Inc., Chicago Pneumatic, ELGi Equipment Limited and Sullair LLC. These companies are consistently investing in Research and Development activities to develop innovative products and expand their market reach. Currently, Atlas Copco holds the largest share in the market.
The Indonesian government has implemented several regulations and policies to support the growth of the air compressor market in the country. The Making Indonesia 4.0 initiative, which aims to accelerate the adoption of advanced manufacturing technologies, including air compressors, in industries. Such initiatives would lead to wide-spread development across the industrial sector, thereby leading to an increase in the demand for energy-efficient air compressors in the Indonesia Market.
The Indonesia Air Compressor Market has been experiencing significant growth in recent years and is expected to continue its growth trajectory in the coming years driven by factors such as rising industrialization and advancements in technology. The increasing demand for compressed air in various industries, coupled with government initiatives to promote foreign investments and sustainability, will continue to drive the market. Additionally, the increasing demand for portable and oil-free air compressors due to their ease of use and low maintenance requirements will also contribute to market expansion. Moreover, there is a potential for the integration of smart technologies in air compressors. This can lead to improved efficiency, reduced operational costs and increased productivity for end-users.
According to Dhaval, Research Manager, 6Wresearch, the stationary air compressor segment holds the dominant share in the market due to its efficient and reliable performance in various industries.
The Oil Free segment holds the dominant share in the market because it is lighter in weight, relatively affordable, and produces equal airflow and pressure as compared to its oil-lubricated counterparts.
The Rotary/Screw segment holds the dominant share in the market due to its high efficiency and broad application in various industries.
The Manufacturing application segment holds the dominant share in the market due to the increasing demand for high-quality air supply and the burgeoning industrial sector.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Air Compressor Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Air Compressor Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Air Compressor Market - Industry Life Cycle |
3.4 Indonesia Air Compressor Market - Porter's Five Forces |
3.5 Indonesia Air Compressor Market Revenues & Volume Share, By By Type, 2020 & 2030F |
3.6 Indonesia Air Compressor Market Revenues & Volume Share, By By Product, 2020 & 2030F |
3.7 Indonesia Air Compressor Market Revenues & Volume Share, By By Lubrication, 2020 & 2030F |
3.8 Indonesia Air Compressor Market Revenues & Volume Share, By By Application, 2020 & 2030F |
4 Indonesia Air Compressor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Air Compressor Market Trends |
6 Indonesia Air Compressor Market, By Types |
6.1 Indonesia Air Compressor Market, By By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Air Compressor Market Revenues & Volume, By By Type, 2020-2030F |
6.1.3 Indonesia Air Compressor Market Revenues & Volume, By Portable, 2020-2030F |
6.1.4 Indonesia Air Compressor Market Revenues & Volume, By Stationary, 2020-2030F |
6.2 Indonesia Air Compressor Market, By By Product |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Air Compressor Market Revenues & Volume, By Reciprocating/Piston, 2020-2030F |
6.2.3 Indonesia Air Compressor Market Revenues & Volume, By Rotary/Screw, 2020-2030F |
6.2.4 Indonesia Air Compressor Market Revenues & Volume, By Centrifugal, 2020-2030F |
6.3 Indonesia Air Compressor Market, By By Lubrication |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Air Compressor Market Revenues & Volume, By Oil-Filled, 2020-2030F |
6.3.3 Indonesia Air Compressor Market Revenues & Volume, By Oil-Free, 2020-2030F |
6.4 Indonesia Air Compressor Market, By By Application |
6.4.1 Overview and Analysis |
6.4.2 Indonesia Air Compressor Market Revenues & Volume, By Manufacturing, 2020-2030F |
6.4.3 Indonesia Air Compressor Market Revenues & Volume, By Semiconductors & Electronics, 2020-2030F |
6.4.4 Indonesia Air Compressor Market Revenues & Volume, By Food & Beverage, 2020-2030F |
6.4.5 Indonesia Air Compressor Market Revenues & Volume, By Healthcare/Medical, 2020-2030F |
6.4.6 Indonesia Air Compressor Market Revenues & Volume, By Home Appliances, 2020-2030F |
6.4.7 Indonesia Air Compressor Market Revenues & Volume, By Energy, 2020-2030F |
6.4.8 Indonesia Air Compressor Market Revenues & Volume, By Others, 2020-2030F |
6.4.9 Indonesia Air Compressor Market Revenues & Volume, By Others, 2020-2030F |
7 Indonesia Air Compressor Market Import-Export Trade Statistics |
7.1 Indonesia Air Compressor Market Export to Major Countries |
7.2 Indonesia Air Compressor Market Imports from Major Countries |
8 Indonesia Air Compressor Market Key Performance Indicators |
9 Indonesia Air Compressor Market - Opportunity Assessment |
9.1 Indonesia Air Compressor Market Opportunity Assessment, By By Type, 2020 & 2030F |
9.2 Indonesia Air Compressor Market Opportunity Assessment, By By Product, 2020 & 2030F |
9.3 Indonesia Air Compressor Market Opportunity Assessment, By By Lubrication, 2020 & 2030F |
9.4 Indonesia Air Compressor Market Opportunity Assessment, By By Application, 2020 & 2030F |
10 Indonesia Air Compressor Market - Competitive Landscape |
10.1 Indonesia Air Compressor Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Air Compressor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |