Air Pressure Booster System Market Trends

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