Singapore Air Compressor Market by Technology Type, (Positive-displacement, Dynamic-displacement), by Drive-power Source, (Electric-driven, Engine-driven (diesel / Gas)), by Lubrication Type, (Oil-free, Oil-injected/flooded), by Power Rating, (0-100 Kw, 101-300 Kw, 301-500 Kw, 501 Kw & Above), by Discharge Pressure, (Low-pressure (≤ 8 Bar), Medium-pressure (8–16 Bar), High-pressure (> 16 Bar), by Mobility, (Stationary, Portable) –Opportunity Analysis and Industry Forecast, 2024– 2030
Industry: Construction & Manufacturing | Publish Date: 06-Sep-2025 | No of Pages: 135 | No. of Tables: 161 | No. of Figures: 107 | Format: PDF | Report Code : CM2185
Singapore Air Compressor Market Overview
The Singapore Air Compressor Market size was valued at USD 253.6 million in 2023, and is projected to reach USD 450.7 million by 2030, at a CAGR of 8.1% from 2024 to 2030. In terms of volume, the market size was 13 thousand units in 2023, and is projected to reach 30 thousand units by 2030, with a CAGR of 11.5% from 2024 to 2030.
An air compressor is an essential mechanical device used across various industries to generate compressed air, that is vital for many applications. It primarily converts power from sources such as electric motors or diesel engines into potential energy stored as compressed air. This pressurized air is then used to power pneumatic tools and equipment, inflate tires, supply air to HVAC systems for climate control, and support industrial processes such as spray painting and packaging. Essentially, an air compressor provides a reliable source of compressed air, crucial for a wide range of tasks and operations in diverse business and industrial environments.
Expansion of Construction Activities is Fuelling the Singapore Air Compressor Market
Singapore’s growing construction sector continues to be a key driver of air compressor demand. With major infrastructure projects underway—including MRT line extensions, housing developments, and the Tuas Port expansion—the need for reliable compressed air systems to support drilling, concrete spraying, and pneumatic tool operations is rising steadily. Air compressors improve productivity, ensure precise operations, and support safer work environments, making them essential to both large-scale and small-scale construction sites.
According to the Building and Construction Authority (BCA), Singapore's total construction demand is projected to grow steadily, reaching approximately USD 23.63 billion by 2027. This expanding pipeline of projects increases reliance on high-performance compressors, particularly portable and energy-efficient models that align with the nation’s focus on sustainable urban development. The consistent investment in public and private sector construction solidifies the air compressor's role as a foundational tool in the industry.
Growth of the Oil and Gas Sector Creates Demand for the Singapore Air Compressor Market
Singapore’s position as a leading oil and gas hub in Asia fuels the demand for air compressors across upstream and downstream activities. Compressed air is used in various applications such as gas compression, refining processes, blow molding, and pipeline testing—making it a critical utility in ensuring operational continuity and safety. The compressors support not just energy generation, but also equipment maintenance and emergency response systems in offshore and marine environments.
As reported by the Singapore Economic Development Board (EDB) in 2024, the country’s oil and gas sector contributed around USD 2.24 billion in total output, representing a significant portion of the Marine and Offshore Engineering (M&OE) industry. The scale and complexity of operations in this sector necessitate high-capacity, durable air compressor systems—driving steady demand for rotary screw and oil-free technologies that meet both performance and safety standards in harsh operating environments.
High Initial and Maintenance Costs Hinders the Singapore Air Compressor Market Growth
Despite the growing demand, the high upfront investment required for quality air compressors continues to act as a restraint for market expansion. Costs related to purchase, installation, and system configuration can be prohibitive for small and medium enterprises. Moreover, energy-efficient and smart-enabled models carry an even higher price tag, which further delays adoption for businesses with limited capital expenditure.
Ongoing maintenance requirements such as filter replacements, lubrication, leak detection, and system inspections add to the total cost of ownership. These recurring expenses, along with the technical expertise needed for upkeep, make many businesses reluctant to upgrade or invest in advanced systems. As a result, cost sensitivity—especially among SMEs—poses a challenge to wider market penetration and modernization.
The Integration of Iot Sensors and Cloud Platforms is Expected to Create Ample Growth Opportunity for the Market
The integration of IoT sensors and cloud-based platforms into air compressor systems presents a significant opportunity for market growth in Singapore. These smart compressors enable real-time monitoring, energy consumption tracking, and predictive maintenance, allowing users to prevent equipment failures and optimize performance. Through data-driven insights, businesses can manage compressed air systems more efficiently, reducing downtime and operating costs.
By leveraging Singapore’s strong digital infrastructure and smart industry initiatives, companies are increasingly adopting intelligent compressor systems that align with Industry 4.0 standards. The ability to remotely control and maintain compressors through mobile and cloud platforms supports operational agility and resource optimization. This shift toward connected systems not only enhances reliability but also positions air compressors as critical assets in the digital transformation of industrial operations.
Competitive Landscape
The market players operating in the Singapore air compressor industry include Atlas Copco Singapore Pte Ltd, Ingersoll Rand Singapore Pte Ltd, Kaeser Kompressoren Singapore Pte Ltd, Hitachi Industrial Equipment Systems Co., Ltd. (Sullair brand), Mitsubishi Heavy Industries, Ltd. (SG branch), ELGi Equipments (Singapore) Pte Ltd, Kobelco Compressors Asia (Singapore) Pte Ltd, Aerzener Maschinenfabrik Asia Pacific (Singapore), Fusheng Singapore Pte Ltd, Doosan Portable Power (Singapore), Quincy Compressor LLC, Anest Iwata Asia Pacific (Singapore), Denyo United Machinery (Singapore), Siemens Energy Pte Ltd, Kaishan Compressors Asia Pacific (Singapore).
Singapore Air Compressor Market Key Segments
By Technology Type
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Positive-Displacement
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Reciprocating (Piston)
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Rotary
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Screw
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Scroll
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Others (Vane, Lobe)
-
-
-
Dynamic-Displacement
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Centrifugal
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Axial
-
By Drive-power Source
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Electric-Driven
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Engine-Driven (Diesel / Gas)
By Lubrication Type
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Oil-Free
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Oil-Injected/Flooded
By Power Rating
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0-100 kW
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101-300 kW
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301-500 kW
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501 kW & Above
By Discharge Pressure
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Low-Pressure (≤ 8 bar)
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Medium-Pressure (8–16 bar)
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High-Pressure (> 16 bar)
By Mobility
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Stationary
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Portable
By Speed Control
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Fixed-Speed
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Variable-Speed (VSD)
By End-use Industry
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Manufacturing
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Oil & Gas
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Energy & Power
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Transportation & Automotive
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Pharma & Food
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Construction & Mining
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Others
KEY PLAYERS
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Atlas Copco Singapore Pte Ltd
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Ingersoll Rand Singapore Pte Ltd
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Kaeser Kompressoren Singapore Pte Ltd
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Hitachi Industrial Equipment Systems Co., Ltd. (Sullair brand)
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Mitsubishi Heavy Industries, Ltd. (SG branch)
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ELGi Equipments (Singapore) Pte Ltd
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Kobelco Compressors Asia (Singapore) Pte Ltd
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Aerzener Maschinenfabrik Asia Pacific (Singapore)
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Fusheng Singapore Pte Ltd
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Doosan Portable Power (Singapore)
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Quincy Compressor LLC
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Anest Iwata Asia Pacific (Singapore)
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Denyo United Machinery (Singapore)
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Siemens Energy Pte Ltd
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Kaishan Compressors Asia Pacific (Singapore)
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size in 2023 |
USD 253.6 Million |
|
Revenue Forecast in 2030 |
USD 450.7 Million |
|
Growth Rate |
CAGR of 8.1% from 2024 to 2030 |
|
Market Volume in 2023 |
13 thousand Units |
|
Unit Forecast in 2030 |
30 thousand Units |
|
Volume Growth Rate |
CAGR of 15.6% from 2024 to 2030 |
|
Analysis Period |
2023–2030 |
|
Base Year Considered |
2023 |
|
Forecast Period |
2024–2030 |
|
Market Size Estimation |
Million (USD) |
|
Growth Factors |
|
|
Market Share |
Available for 10 companies |
|
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
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About the Author
Sikha Haritwal is a researcher with more than 5 years of experience. She has been keeping a close eye on several industry verticals, including construction & manufacturing, personal care products, and consumer electronics. She has avid interest in writing news articles and hopes to use blog as a platform to share her knowledge with others.
About the Reviewer
Supradip Baul is the CEO and Founder of Next Move Strategy Consulting, driving the firm’s mission to provide data-driven insights and strategic intelligence. With extensive experience in market research and consulting, he has helped global organizations make informed decisions and achieve sustainable growth.
