Netherlands Air Compressor Market by Type (Portable and Stationary), by Technology (Rotary Screw, Centrifugal, and Reciprocating), by Lubrication Type (Oil-Free, and Oil-Injected/Flooded), by Power Rating (0-100 Kw, 101-300 Kw, 301-500 Kw, and 501 Kw & Above), by Cooling Method (Air Cooled and Water Cooled), and by Industry Vertical (Manufacturing, Construction, Oil & Gas, Healthcare, and Others) – Opportunity Analysis and Industry Forecast, 2024 – 2030
Industry: Construction & Manufacturing | Publish Date: 19-Jun-2024 | No of Pages: 143 | No. of Tables: 108 | No. of Figures: 73 | Format: PDF | Report Code : N/A
Netherlands Air Compressor Market Overview
The Netherlands Air Compressor Market size was valued at USD 329.1 million in 2023, and is projected to reach USD 474.8 million by 2030, at a CAGR of 4.9% from 2024 to 2030. In terms of volume, the market size was 10 thousand units in 2023, and is projected to reach 17 thousand units by 2030, with a CAGR of 8.1% from 2024 to 2030. An air compressor is an essential mechanical device used across various industries to generate compressed air, that is vital for many applications.
It primarily converts power from sources such as electric motors or diesel engines into potential energy stored as compressed air. This pressurized air is then used to power pneumatic tools and equipment, inflate tires, supply air to HVAC systems for climate control, and support industrial processes such as spray painting and packaging. Essentially, an air compressor provides a reliable source of compressed air, crucial for a wide range of tasks and operations in diverse business and industrial environments.
Growth in the Agriculture Industry Creates Demand for Air Compressor
The escalating growth of the agriculture industry in the Netherlands is significantly driving the demand for air compressors. The agriculture sector relies on air compressors to power essential pneumatic tools and equipment such as seeders, sprayers, and irrigation systems, enhancing efficiency and productivity in various agricultural operations.
According to the Statistics Netherlands report 2024, the Netherlands exported agricultural goods valued at USD 132.05 billion in 2023, generating around USD 53.76 billion for the Dutch economy. This surge in the agricultural sector indicates a growing adoption of air compressors to ensure efficient grain handling and processing facilities for tasks such as pneumatic conveying and sorting.
Expansion of the Electricity Industry Fulling the Netherlands Air Compressor Market
The growing electricity industry in the Netherlands further propels the demand for air compressors due to their use in powering pneumatic tools for maintenance tasks and manufacturing electrical components.
According to the latest report from the International Energy Agency, electricity production in the Netherlands witnessed a 36% increase from 2000-2022, with around 121,618 GWH of electricity produced in 2022. As the country accounts for growing electricity production, there is a necessity to adopt air compressors to ensure the efficient operation of tools that generate electricity by providing them with the required compressed air.
High Initial and Maintenance Costs Hinders the Netherlands Air Compressor Market Growth
The initial cost of air compressors, coupled with the need for regular maintenance such as filter changes, lubrication, and inspections, adds to the total cost of ownership.
This financial burden serves as a limiting factor for the growth of the air compressor market. As a result, small and medium-sized businesses often hesitate to invest in new air compressor systems or upgrade their existing ones and it is slowing down the market expansion.
The Integration of IoT Sensors and Cloud Platforms is Expected to Create Ample Growth Opportunity for the Market
The incorporation of IoT sensors and cloud platforms into air compressors is poised to unlock future growth opportunities within the Netherlands air compressor market trends. This integration facilitates remote monitoring, predictive maintenance, and performance optimization of compressors. IoT sensors, embedded within air compressors, continuously gather real-time data on critical parameters such as temperature, pressure, and energy consumption.
Subsequently, this data is transmitted to cloud platforms where advanced analytics algorithms analyse it to identify potential issues, forecast maintenance requirements, and enhance compressor operations. Through harnessing IoT and cloud technologies, organizations can minimize downtime, improve equipment reliability, and optimize energy usage, thereby fueling demand for intelligent air compressor solutions and stimulating market expansion.
Competitive Landscape
The key players operating in Netherlands air compressor industry include Atlas Copco Group, Ingersoll-Rand PLC, Hitachi Ltd., Siemens Energy AG, Kaeser Kompressoren, MAT Holding, Inc., Elgi Equipment Limited, Sulzer Ltd., Mitsubishi Heavy Industries, Ltd., Anest Iwata and others.
Netherlands Air Compressor Market Key Segments
By Type
-
Portable
-
Stationary
By Technology
-
Rotary Screw
-
Centrifugal
-
Reciprocating
By Lubrication Type
-
Oil-Free
-
Oil-Injected/Flooded
By Power Rating
-
0-100 kW
-
101-300 kW
-
301-500 kW
-
501 kW & Above
By Cooling Method
-
Air Cooled
-
Water Cooled
By Industry Vertical
-
Manufacturing
-
Construction
-
Oil & Gas
-
Healthcare
-
Others
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size in 2023 |
USD 329.1 Million |
|
Revenue Forecast in 2030 |
USD 474.8 Million |
|
Growth Rate |
CAGR of 4.9% from 2024 to 2030 |
|
Market Volume in 2023 |
10 thousand units |
|
Unit Forecast in 2030 |
17 thousand units |
|
Volume Growth Rate |
CAGR of 8.1% from 2024 to 2030 |
|
Analysis Period |
2023–2030 |
|
Base Year Considered |
2023 |
|
Forecast Period |
2024–2030 |
|
Market Size Estimation |
Million (USD) |
|
Growth Factors |
|
|
Market Share |
Available for 10 companies |
|
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
KEY PLAYERS
-
Atlas Copco Group
-
Ingersoll-Rand PLC
-
Hitachi Ltd.
-
Siemens Energy AG
-
Kaeser Kompressoren
-
MAT Holding, Inc.
-
Elgi Equipment Limited
-
Sulzer Ltd.
-
Mitsubishi Heavy Industries, Ltd.
-
Anest Iwata
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