Malaysia Air Compressor Market (2020-2026) | Share, Revenue, Size, industry, Growth, Forecast, Analysis, Trends, Outlook & COVID-19 IMPACT

Latest 2023 Development of the Malaysia Air Compressor Market

Malaysia air compressor market is witnessing the increasing adoption of energy-efficient compressors. With the rising cost of electricity in Malaysia, many businesses were looking for ways to reduce their energy consumption and operating costs. Energy-efficient compressors can help achieve this by consuming less power and reducing energy waste. Additionally, another trend in the Malaysia air compressor industry is the growing demand for portable compressors. Portable compressors are ideal for applications that require mobility, such as construction sites, remote locations, and emergency situations. These compressors are also being increasingly used in the automotive industry for tire inflation and other tasks. 

Further, the market has witnessed the adoption of oil-free compressors in Malaysia. Oil-free compressors eliminate the need for oil changes, which can save businesses time and money. They are also ideal for applications that require clean air, such as food and beverage production, pharmaceuticals, and electronics manufacturing. Malaysia has a strong manufacturing industry, which is a major consumer of air compressors for various applications such as pneumatic tools, spray painting, and automation. Further, the companies are expanding their product portfolio to enhance their market share.

Malaysia Air Compressor Market Synopsis

Malaysia air compressor report thoroughly covers the market by types, lubrication, technology, and applications. The Malaysia air compressor market outlook report provides an unbiased and detailed analysis of the Malaysian air compressor market trends, opportunities high growth areas, and market drivers which would help the stakeholders device and align their market strategies according to the current and future market dynamics.

Malaysia Air Compressor Market is expected to register flourishing growth in coming years on account of a hike in demand from industries such as oil refineries, petrochemical, and chemical plants. The flourishing agriculture sector in Thailand is a major contributor to the air compressor market growth. Such devices are heavily used in the agriculture sector for a range of purposes, such as cleaning and watering, pneumatic materials, conveyor system, and ventilation for greenhouses, thus, leading to an increase in demand for air compressors in Thailand. However, stringent government regulations related to compressor efficiency, noise, and exhaust emissions may hamper the growth of air compressors in the Malaysian market.

According to 6Wresearch, Malaysia Air Compressor Market is anticipated to register growth during 2020-2026F. The Malaysian government has come up with the “Industr4WRD” initiative as part of its roadmap to transform Malaysia’s manufacturing industry landscape by 2026.  Also, the government has made five strategies named “Funding, Infrastructure, Regulation, Skills and Talent, and Technologies” (FIRST) for the support industries which is further accelerating the development of the market. Further, the increase in foreign direct investment (FDI) and production capacity of the manufacturing industry has increased the absolute contribution of the manufacturing sector to the economy from RM 254 billion to RM 392 billion in 2019, the continued expansion of the industrial sector would support the growth of air compressor market in Malaysia

Malaysia air compressor market is anticipated to gain popularity in the coming time frame backed by the significant growth of the agriculture sector due to many agricultures equipment like tractor and pumps has been powered by using the air compressor in order to ensure efficient farming and smooth agriculture activities such as cleaning and performing irrigation process and is projected to spur the growth of air compressor market in the country. Additionally, the rise in airbrush painting is expected to dominate the overall market revenues in the coming years owing to rising residential and commercial sectors requiring a fascinating interior air compressor that tends to power airbrush for use and provide timely and efficient work to be carried forward and would boost the growth of the Malaysia air compressor market in the coming years. 

Market Analysis By Type

By type, an air compressor is segmented into two types portable air compressors and stationary air compressors. Portable air compressors are majorly used in industries where a low-power air compressor is required, such as construction and mining segments. An increase in mining activities would thus increase the demand for air compressor pumps for drilling, smelting, sorting, blasting, and ventilation. Also, an increase in demand for home appliances such as air conditioners, refrigerators, washing machines, and dishwashers, where portable air compressors are commonly used, would further lead to an increase in demand for portable air compressor pumps.

COVID-19 Impact on Malaysia Air Compressor Market

The outburst of the coronavirus pandemic has declined the development of the market owing to nationwide restrictions. The lockdown imposed by the government led to disruption in the supply chain of air compressors and raw materials. 

Key players in The Market 

Some of the key players in the Malaysia Air Compressor market are:

• Atlas Copco AB
• Kobelco Kobe Steel
• Fu sheng Co. Ltd
• Kaeser Kompressoren SE
• Sullair
• ElgiEquipments Ltd
• Ebara Corporation
• Desran Compressor
• Ingersoll-Rand Plc
• Mitsubishi Heavy Industries Ltd.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019.
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of The Report

• Malaysia Air Compressor Market Overview
• Malaysia Air Compressor Market Outlook
• Malaysia Air Compressor Market Forecast
• Malaysia Air Compressor Market Size
• Historical & Forecast Data of Malaysia Air Compressor Market Revenues & Volume for the Period 2016-2026
• Historical & Forecast Data of Malaysia Portable Air Compressor Market Revenues & Volume for the Period 2016-2026
• Historical & Forecast Data of Malaysia Stationary Air Compressor Market Revenues & Volume for the Period 2016-2026
• Historical & Forecast Data of Malaysia Oil Injected Air Compressor Market Revenues & Volume for the Period 2016-2026
• Historical & Forecast Data of Malaysia Oil-Free Air Compressor Market Revenues & Volume for the Period 2016-2026
• Historical & Forecast Data of Malaysia Rotary Air Compressor Market Revenues & Volume for the Period 2016-2026
• Historical & Forecast Data of Malaysia Centrifugal Air Compressor Market Revenues & Volume for the Period 2016-2026
• Historical & Forecast Data of Malaysia Reciprocating Air Compressor Market Revenues & Volume for the Period 2016-2026
• Historical & Forecast Data of Malaysia Air Compressor Applications Market Revenues for the period 2016-2026
• Historical & Forecast Data of Malaysia Air Compressor Regional Market Revenues for the Period 2016-2026
• Market Drivers and Restraints
• Malaysia Air Compressor Market Trends & Industry Life Cycle
• Porter’s Five Forces Analysis
• Market Opportunity Assessment
• Malaysia Air Compressor Market Overview, By Competitive Benchmarking
• Market Share, By Technology
• Recent Market Trends
• Recommendations

Markets Covered

The report provides a detailed analysis of the following market segments:

By Types

• Portable
• Stationary

By Lubrication Method

• Oil-Injected
• Oil-Free

By Technology

• Up to 75kW
• 76-160kW
• Above 160kW
• Up to 500kW
• Above 500kW
• Up to 10kW
• Above 10kW
• Rotary
• Centrifugal
• Reciprocating

By Applications

• Industrial
• Construction
• Oil & Gas
• Food & Beverages
• Others (Petrochemicals and Mining)

Malaysia Air Compressor Market: FAQs