I. Overall Market Size and Growth
Global CAGR: The global air compressor market is projected to grow at a 4.8% CAGR from 2025 to 2031, reaching $9.144 billion in sales by 20315.
China’s Growth: China’s industrial air compressor market reached $6.8 billion in 2023, with a 9.6% CAGR from 2018 to 2023. Future growth is expected to remain robust, outpacing global averages68.