Africa Mobile Air Compressor Market Size, Share & Trends Analysis Report By Technology, By Lubrication, By Power, By End-use, By Country, And Segment Forecasts, 2023 - 2030

Africa Mobile Air Compressor Market Size, Share & Trends Analysis Report By Technology, By Lubrication, By Power, By End-use, By Country, And Segment Forecasts, 2023 - 2030

Africa Mobile Air Compressor Market Growth & Trends

The Africa mobile air compressor market size is anticipated to reach USD 362.2 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.1% from 2023 to 2030. The increasing need for energy-efficient mobile air compressors, together with the rising demand for low-cost mobile air compressors, will drive this growth over the forecast period. For instance, Doosan Portable Power South Africa offers a technologically advanced line of portable/mobile air compressors.

To encourage end customers to choose next-generation products, prominent manufacturers are producing eco-friendly and low-maintenance systems. To differentiate their goods in a highly competitive industry, manufacturers such as Ingersoll Rand Plc, Cook Compression, and Atlas Copco Inc. have developed technologically advanced systems with high-performance capabilities. These mobile air compressors provide advantages such as higher efficiency and lower noise levels.

These aforementioned factors will drive market demand during the projected timeframe. Cook Compression, for instance, announced two new Authorised Service Partners in August 2020 to provide compressor valve and package case repairs. Fancraft Ltd. will serve South Africa, Namibia, Mozambique, and Botswana, while WoodServ will serve the Middle East and Pakistan.

Saudi Arabia has gained a significant part of market revenue as a result of government efforts such as Saudi Vision 2030 and the National Transformation Plan 2020, which aim to accelerate economic growth and diversification by establishing new industrial units around the country. For instance, Howden acquired Compressor Products International in December 2021. This acquisition has enabled the former to expand its market footprint in Asia Pacific and South Africa. These aforementioned factors are anticipated to augment the Africa mobile air compressor in the coming years.

The Democratic Republic of the Congo (DRC) has huge untapped cobalt, gold, and high-grade copper reserves, according to the International Trade Administration. For instance, the DRC was the world's greatest cobalt miner in 2020, producing 95,000 tonnes, or roughly 41% of the world's cobalt. Furthermore, in 2021, mining resource production expanded from 10,000 tonnes to approximately 1 million.

The growing African mining industry will drive demand for mobile air compressors, which are used for a variety of critical applications such as powering pneumatic tools, ventilation, flotation, dense and dilute phase material conveying, smelting, and refining, methane gas extraction draglines, wastewater treatment, dewatering, and filter backwash & scouring.

Furthermore, Atlas Copco provides a diverse range of e-air compressors that are mobile, strong, and compact. Underground mining, fish farming, and breweries, among other industries, benefit greatly from mobile units such as the e-air compressor. Several industries will seek moveable electrical compressors, such as the e-air compressor. Due to the financial uncertainty in South Africa, e-air compressors are also available for rent. These aforementioned will further drive the demand in the forthcoming years.

Africa Mobile Air Compressor Market Report Highlights

• The rotary segment is estimated to witness a CAGR of 3.7% over the forecast period. This growth is ascribable to the extensive adoption of this technology in heavy industrial applications such as mining, pharmaceutical, oil & gas, and manufacturing. Furthermore, since these compressors require less maintenance and are simple to operate, their popularity in low-duty applications is growing
• The oil free segment is estimated to witness a CAGR of 4.4% over the forecast period. Increasing demand for oil-free air compressors where air quality is crucial is anticipated to drive the market. These compressors provide increased operational effectiveness and extremely dependable operation
• The electric segment led the market with a revenue share of 63.4% in 2022 owing to the compact and versatile design. Moreover, an electric mobile air compressor has many potential advantages over diesel mobile air compressors such as no CO2, less maintenance cost, production of better quality compressed air, enhanced safety, and the increasing reliability & uptime
• According to the International Labour Organization (ILO), mining is one of Zambia's primary sources of formal employment. Copper mining, for instance, has drawn significant foreign investment and experienced rapid growth over the last decade. It has consistently drawn a sizable proportion of foreign direct investment. The mining industry's expansion in Zambia will drive demand for mobile air compressors in the coming years
• According to the International Trade Administration, the oil & gas industry received approximately 75% of Egypt's foreign direct investment (FDI). In the coming years, the burgeoning oil & gas industry in Egypt, and particularly in Africa, will drive demand for mobile air compressors. Workers in the oil & gas industry, for instance, require mobile air compressors to power devices at various onshore & offshore drilling sites. The machines are also used to install reactor rods and operate coolant and steam circuit valves

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