Air Pressure Booster System Market Size & Share, by Pressure Type (Below 100 PSI, 100-200 PSI, 250-500 PSI, 500-750 PSI, 750-1000 PSI, Above 1000 PSI); Application (Leak Detection, Pressure Testing, Valve Actuators, Blow Molding); End-use (Chemical, Bottle Manufacturing, Oil & Gas, Automotive) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5562
  • Published Date: Jan 23, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Air Pressure Booster System Market size is anticipated to reach USD 8 Billion by the end of 2036, growing at a CAGR of 6% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of air pressure booster system was over USD 4 Billion. These systems are widely used in the automobile industry, and thus the rising manufacturing of automobiles is fueling the market expansion for air pressure booster systems. Automotive uses for air pressure booster systems include air suspension, braking, and engine control systems. For instance, in 2022, 57 million passenger vehicles were made globally. In 2022, almost 67 million automobiles were sold worldwide. In 2022, the worldwide car manufacturing sector brought in USD 2.86 trillion in sales. Therefore, the expansion of the automotive industry is also accelerating the growth of the market.

Compressed air systems are used extensively in the renewable energy sector, and air pressure booster systems are essential to this business. The high-pressure air needed for hydroelectric power plants, wind turbines, and other renewable energy sources is produced by these systems. The air pressure booster system market in this industry is anticipated to increase as a result of the increasing need for renewable energy.


Air Pressure Booster System Market
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Air Pressure Booster System Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~ 6%

Base Year Market Size (2023)

 ~ USD 4 Billion

Forecast Year Market Size (2036)

 ~ USD 8 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Air Pressure Booster System Sector: Growth Drivers and Challenges

Market-Growth-Drivers

Growth Drivers

  • Growing Shift Towards Automation and Industrialization Two important drivers propelling the air pressure booster system market are automation and industrialization. Over the next ten years, automation is projected to lead the United States to lose more than 1.5 million jobs, according to a 2019 Oxford Economics analysis. The necessity for sophisticated air pressure booster systems and other modern pneumatic systems and components grows as industries become more automated and complex. As industries automate their processes, they require reliable and efficient tools and equipment to support their operations. Air pressure boosters play a crucial role in providing the necessary compressed air for various applications, such as powering pneumatic tools, operating machinery, and controlling processes.  
  • Growing Technological Advancements - Technology is constantly advancing in the air pressure booster system market to increase the effectiveness, dependability, and performance of these systems. The air pressure booster system market is expanding as a result of the development of sophisticated materials and parts, such as high-pressure valves and regulators. Also, with the augment of technological advancements, these systems are now equipped with sensors, smart controls, and advanced automation features that allow for precise pressure regulation and monitoring. Additionally, technological advancements have also led to the miniaturization and portability of air pressure booster systems. In consideration of these aspects, the market is anticipated to witness robust growth during the forecasted period.  
  • Increasing Use in the Food & Beverages Industry - Compressed air is used in the food and beverage business for several tasks, including conveying, filling, and packaging. Certain applications require compressed air to have a higher pressure, which can be achieved with the help of air pressure booster systems. As the demand for processed and packaged food continues to rise, the food industry is increasingly relying on automation and efficient systems to meet production demands. For instance, the food service packaging business, which was estimated to be worth USD 118 billion globally in 2021, is projected to increase by more than 57.5% during the ensuing years, or until 2030. Meat and dairy products are two other import categories within the food packaging sector.  The air pressure booster system market in this industry is anticipated to increase as a result of the increasing demand for packaged and processed goods.

Challenges

  • Increased Use of Existing Booster System by Consumers – Since new compressors are expensive, industrial firms and consumers prefer to maintain and use their current compressors rather than invest in new ones to save capital expenditure. This element is the limiting factor in the booster market throughout the projected period, along with the compressors' methane emissions into the atmosphere that cause environmental problems.
  • High Initial Cost May Hinder the Growth of the Market
  • Complex Installation of the Air pressure Booster System may Hamper the Air Pressure Booster System Market Growth


Air Pressure Booster System Segmentation

Application (Leak Detection, Pressure Testing, Valve Actuators, Blow Molding)

The pressure testing segment in the air pressure booster system market is expected to hold a share of 44% by the end of 2036. To ensure that air pressure booster systems fulfill the necessary quality standards, pressure testing is crucial. Pressure testing is used by manufacturers and industries to confirm the reliability and functioning of these systems, guaranteeing their safe and effective operation. Furthermore, the need for air pressure booster systems grows as companies develop and grow. As a result of this expansion, thorough pressure testing is required to guarantee the dependability and functionality of these systems. The need for pressure testing has grown as a result of the heavy reliance on air pressure booster systems in the automotive, aerospace, oil & gas, and manufacturing industries. Additionally, by using pressure testing to find possible flaws or weaknesses in air pressure tests, manufacturers can reduce the possibility of leaks, system failures, and other safety risks. In light of this, the market in this segment is estimated to witness growth throughout forecast period.

End-use (Chemical, Bottle Manufacturing, Oil & Gas, Automotive)

Air pressure booster system market for the bottle manufacturing segment is anticipated to hold a share of 40% during the projected period. Products in bottles, including medicines, drinks, and personal hygiene products, are in high demand. Therefore, the growing consumption of beverages will accelerate the growth of the segment. It is anticipated that there will be 1.1 billion customers in the beverages market by 2028. The demand for dependable and effective bottle production techniques is growing. Systems for increasing air pressure are essential for guaranteeing reliable and superior bottle production. Additionally, these systems supply the air pressure required for procedures such as blow molding, which involves inflating plastic preforms into bottles. The systems facilitate faster production cycles, less downtime, and enhanced overall efficiency through the maintenance of ideal air pressure levels.

Our in-depth analysis of the global air pressure booster system market includes the following segments:

     Type

  • Below 100 PSI
  • 100-200 PSI
  • 250-500 PSI
  • 500-750 PSI
  • 750-1000 PSI
  • Above 1000 PSI

     Application

  • Leak Detection
  • Pressure Testing
  • Valve Actuators
  • Blow Molding

     End-user

  • Chemical
  • Bottle Manufacturing
  • Oil & Gas
  • Automotive

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Air Pressure Booster System Industry - Regional Synopsis

APAC Market Forecast

Air pressure booster system market in Asia Pacific is expected to hold a share of 35% during the forecast period. In the upcoming years, demand is probably going to stay high as the end-use sectors gradually recover. Oil & gas, bottle manufacturing, and other end-use sectors in the region will drive demand for pressure systems. For instance, the Asia-Pacific pharmaceutical plastic bottle industry was estimated to be worth 2.46 billion US dollars in 2022. All material kinds are expected to see an increase, with a projected value of about 3.6 billion US dollars in 2030. Therefore, the growing production of pharmaceutical plastic bottles is accelerating the market growth in the region. As long as there is a need for equipment over the projected time, Asia Pacific will be a major supplier of air pressure booster system. Air pressure booster system manufacturers will continue to gain from the region’s projected large increase in investment in oil & gas projects during the coming years.

North American Market Statistics

North American air pressure booster system market is poised to hold a share of 26% during the forecast period. There has been a considerable amount of infrastructure development in North America, including the installation of new structures, pipelines, and transit networks. In these projects, air pressure booster systems are essential because they supply the pressure required for compressed air networks, HVAC systems, and pneumatic tools. In addition, the region boasts a robust industrial base spanning multiple industries, including manufacturing, aerospace, automotive, and oil & gas. The market is expanding due to the presence of large corporations in the region. Innovative and more effective air pressure booster systems with cutting-edge features like smart controls and remote controls are constantly being developed by manufacturers. Therefore, all these factors are escalating the growth of the market in the region.

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Air Pressure Booster System Market Size
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Companies Dominating the Air Pressure Booster System Market

top-features-companies
    • Camozzi Automation SpA
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Shyft Group
    • Novolex
    • Pactiv Evergeen Inc
    • Americas Styrenics LLC (AmSty)

In-the-news

In The News

  • Camozzi Automation has added the new Series BPA pressure booster to its line of Air Treatment products. With a pressure ratio of 1:2, this Pressure Booster Series BPA raises outlet pressure by up to 20 bar. Its mechanical design ensures a quick and simple installation, reduces heat generation, and enhances machine safety. It functions automatically when necessary to create a continuous pressure increase.
  • The Shyft Group unveiled Red Diamond Aftermarket Solutions, a new go-to-market brand. The three initial product offerings are Red Diamond RunFlat, which allows a coach to safely steer and brake in the event of a tire blowout; Red Diamond Air Booster, which maintains motorcoach tires at the recommended pressure; and Red Diamond Self-Leveling System, which makes it simple to level a coach at the touch of a button.

Author Credits:  Rushikesh, Richa Gupta


  • Report ID: 5562
  • Published Date: Jan 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing shift towards automation and industrialization, rising technological advancements, and increasing use in the food & beverages industry are the major factors driving the growth of the air pressure booster system market.

The market size of air pressure booster system is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2024-2036.

The major players in the market are Camozzi Automation SpA, Shyft Group, Novolex, Pactiv Evergeen Inc, Americas Styrenics LLC (AmSty), Hitachi Energy, Panasonic Corporation, Kawasaki Heavy Industries, Interstellar Technologies Co., Ltd., Toyota Motor Corporation and others.

The pressure testing segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Air Pressure Booster System Market Report Scope
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