Who are the leaders in the air compressor market?
The leaders in the air compressor market consist of single-branched companies that focus solely on manufacturing air compression solutions, as well as multinational conglomerates, with small branches in this area.
The top leaders of the air compressor market include:
- Atlas Copco AB.
- Hitachi Ltd.
- Sulzer Ltd.
- Ingersoll Rand
- Kaeser Compressors
- VMAC Global Technology, Inc.
- Quincy Compressors
- Campbell Hausfeld
In this article, we will list the top 11 leaders in the air compressor market, detailing their history, economic signals, and popular compressor systems.
1- Atlas Copco AB.
Founded: 1873
CEO: Mats Rahmström
Headquarters: Nacka Municipality, Sweden
Annual revenue: $14.005 billion (2022)
Number of employees: 38 774
Who are they?
Atlas Copco is a Swedish multinational company that manufactures a variety of tools and equipment, including air compressors.
Atlas Copco’s air compressors are renowned for their reliability and efficiency. These compressors are energy-efficient thanks to advanced monitoring controls. Maintenance is hassle-free, with easy component access. Atlas Copco offers practical solutions to businesses seeking dependable and cost-effective air compressors.
The shares of Atlas Copco are listed on the Nasdaq Stockholm exchange.
2- Hitachi Ltd.
Founded: 1910
CEO: Keiji Kojima
Headquarters: Chiyoda, Tokyo, Japan
Annual revenue: $91.35 billion (2022)
Number of employees: 29,485
Who are they?
Hitachi, Ltd. Is a Japanese corporation that produces a variety of software solutions and hardware equipment, including air compressors.
The air compressors of Hitachi use their advanced software technology in developing intelligent controls that optimize performance and energy costs. The company mainly focuses on manufacturing rotary screw and centrifugal compressors. Their long experience in the field helped them develop user-friendly maintenance protocols.
The shares of this firm are listed on Tokyo Stock Exchange and Nagoya Stock Exchange.
3- Sulzer Ltd.
Founded: 1834
CEO: Thomas Zickler
Headquarters: Winterthur, Switzerland
Annual revenue: $3,628 billion (2022)
Number of employees: 12,900
Who are they?
Sulzer Ltd. is a Swiss firm that specializes in engineering and chemical processing. They also develop pumping and mixing solutions, including industrial air compression equipment. The most popular air compressor by Sulzer is the HST line of low-pressure compressors. Their oil-free air compressors are also highly efficient.
Sulzer Ltd. is a publicly traded company on the Swiss Stock Exchange.
4- Ingersoll Rand
Founded: 1859
CEO: Vicente Reynal
Headquarters: Davidson, North Carolina, United States
Annual revenue: 5.92 billion USD (2022)
Number of employees: 19,163
Who are they?
Ingersoll Rand is an American company that provides compression solutions for individuals and industries. Since 2021, the company has had two segments, with one focusing on producing air compressors, vacuums, blower products, and loading systems.
Today, Ingersoll Rand is one of the leaders in the air compressor market, particularly in the United States and other Western countries. Unlike other brands on this list, Ingersoll Rand focuses a substantial portion of their targeted market on domestic and small-business use.
5- General Electric Company
Founded: 1892
CEO: H. Lawrence Culp Jr.
Headquarters: Boston, Massachusetts, United States
Annual revenue: $76.56 billion (2022)
Number of employees: 172,000
Who are they?
General Electric Company manufactures engine-driven high-pressure air compressors with significantly elevated operation reliability.
Their air compressors are known to withstand harsh environmental conditions, making them ideal for people who live in hot or cold climates. The most innovative air compressor by GE is aptly called the Advanced Compressor. Their fleet consists of 83 compressors in commercial operation.
These characteristics make GE air compressors popular in countries with extreme climates, including Saudi Arabia, Pakistan, and Turkey.
6- Mitsubishi Heavy Industries, Ltd.
Founded: 1884
CEO: Seiji Izumisawa
Headquarters: Chiyoda City, Tokyo, Japan
Annual revenue: $31.40 billion (2022)
Number of employees: 77,283
Who are they?
Mitsubishi Heavy Industries Compressor International Corporation (MCO-I) produces premium turbomachinery products and services in the United States and Canada.
Mitsubishi’s Japan-made air compressors are some of the most robust machines in the world. If you know anything about Mitsubishi’s automotive vehicles, you will realize the reliability and long lifespan of their engines.
7- Kaeser Compressors
Founded: 1919
CEO: Thomas Kaeser
Headquarters: Coburg, Germany
Annual revenue: $1.9 billion (2022)
Number of employees: 7,000
Who are they?
Kaeser Compressors is a well-known German manufacturer of industrial air compressors and compressed air systems. The company was founded in 1919 and has since become one of the global leaders in the air compressor market.
They offer a wide range of products, including rotary screw compressors, reciprocating compressors, rotary blowers, and air treatment systems. Kaeser Compressors emphasizes the efficiency of their compressors.
8- Kirloskar Pneumatic Co., Ltd.
Founded: 1958
CEO: Rahul. C. Kirloskar
Headquarters: Pune, India
Annual revenue: $122.8 million (2022)
Number of employees: 900
Who are they?
Kirloskar Pneumatic Co., Ltd. (KPCL) is an Indian company that specializes in manufacturing air compressors and pneumatic products. Founded in 1958, the company is a part of the Kirloskar Group, a well-established conglomerate in India with interests in various industries, including engineering, power generation, and more.
KPCL produces a wide range of air compressors, including reciprocating compressors and screw compressors. As a result, it caters to various industries, such as manufacturing, automotive, and construction. The company also offers pneumatic tools and accessories.
9- VMAC Global Technology, Inc.
Founded: 1986
CEO: Jim Hogan
Headquarters: British Columbia, Canada
Annual revenue: $38 Million (private company)
Number of employees: 130
Who are they?
VMAC designs innovative mobile air compressors with a market mostly based in North America. Along with Ingersoll Rand and Quincy Compressors, these three companies cater to domestic and workplace compressors.
The company switched its focus to extreme weather-resistant air compressors. These systems mediate mobile equipment repair, infrastructure repair work, mining, construction, utility industries, and tire services.
10- Quincy Compressors
Founded: 1920
CEO: Mike Campbell
Headquarters: Bay Minette, Alabama, United States
Annual revenue: $150 million (private company)
Number of employees: 637
Who are they?
Quincy Compressor is a prominent American manufacturer of air compressors located in Bay Minette, Alabama. The company established itself as one of the leaders in industrial air compressors. Quincy Compressor specializes in producing a diverse range of air compressors, including both reciprocating and rotary screw models.
The company’s products are reliable, efficient, and durable, making them popular choices for industries ranging from manufacturing and automotive to construction and beyond. Quincy’s compressors deliver consistent and high-quality compressed air, supporting the operational needs of a wide range of businesses.
11- Campbell Hausfeld
Founded: 1836
CEO: Terry Atwater
Headquarters: Cincinnati, Ohio, United States
Annual revenue: $137 million (2022)
Number of employees: 223
Who are they?
Campbell Hausfeld produces compressors for consumers, industries, and commercial companies. Their air compressors are relatively cheaper, making them very popular for day-to-day applications.
It constitutes a significant subsidiary within the Marmon Group, which itself is part of Berkshire Hathaway. Campbell Hausfeld is among the oldest companies in the state of Ohio.
Takeaway message
The leaders in the air compressor market fiercely compete to manufacture the latest products with the most cutting-edge technology to conquer the market. Each company focuses on a portion of the market (e.g., consumers, small businesses, large industries).
We hope that this guide will serve as a knowledge base for the leaders in the air compressor market.
If you have any questions or concerns about the companies listed above, feel free to share your thoughts in the comment section below or reach out to us via this link.
