II. Regional Dynamics
European Dominance:
Europe remains the largest air compressor production hub (30% market share), driven by strict energy efficiency regulations and demand for oil-free compressors in sectors like food processing and healthcare15.
Asia-Pacific Rise:
The Asia-Pacific region (notably China and India) is expanding rapidly, with its centrifugal compressor market projected to reach $6 billion by 2025. Growth is fueled by manufacturing expansion, rising energy demand, and localized supply chains25.
Chinese brands are disrupting homogeneous competition through differentiated technologies (e.g., hydrogen compressors, supercritical CO₂ systems), achieving 210% export growth in 202568.