5.6.4.3Vertical

Industrial Air Compressors

Manufacturers of rotary screw, reciprocating, and centrifugal compressors.

Market snapshot

These figures describe Engines & Power Equipment (5.6.4), the segment that Industrial Air Compressors sits within — not Industrial Air Compressors on its own.

Market size
~$50B
Growth
~1.7%CAGR (2017–22, nominal)
Companies
~910
FragmentationConsolidatedEstimate

U.S. Census Bureau 2022 CBP/Economic Census, NAICS 333611 (turbines & generator sets) + 333612/333613 (power transmission) + 333618 (other engine equipment).

Business model & economics

Revenue model

Engine/power-equipment sales plus aftermarket service

Key economics

Recurring revenue
Moderate–High

recurring aftermarket and service

EBITDA margin
Mature industrial economics; strong aftermarket
Capex intensity
High

Characteristics

  • Led by Cummins, Caterpillar, GE, Generac.
  • Backup/distributed power and energy transition driving change.
  • Electrification and alternative fuels reshaping engines.

Geographic concentration

AlabamaAlaskaArizonaFloridaGeorgiaIndianaKansasMaineMassachusettsMinnesotaNew JerseyNorth DakotaOklahomaPennsylvaniaSouth DakotaTexasWyomingConnecticutMissouriWest VirginiaIllinoisNew MexicoArkansasDelawareDistrict of ColumbiaHawaiiIowaKentuckyMarylandMichiganMississippiMontanaNew HampshireNew YorkOhioOregonTennesseeUtahVirginiaWashingtonWisconsinNebraskaIdahoNevadaVermontLouisianaRhode IslandColoradoNorth CarolinaCaliforniaSouth Carolina

Engine and power-equipment manufacturing concentrates in Colorado, South Carolina, California, and North Carolina, spanning generator, turbine, and outdoor-power production.

ColoradoSouth CarolinaCaliforniaNorth Carolina

U.S. Census Bureau — 2022 County Business Patterns (employment by state), NAICS 333611. Concentration shown by location quotient.

M&A deal context

Deal activityModerate

Who’s acquiring

  • Engine & power-equipment majors
  • Energy-transition & electrification acquirers
  • PE-backed component platforms

What’s driving deals

  • Electrification and alternative-fuel powertrains.
  • Distributed and backup power demand.
  • Aftermarket and service acquisition.

Find Industrial Air Compressors acquisition targets

Search Acquisera’s index for companies classified under Industrial Air Compressors (5.6.4.3) and build a targeted deal pipeline.

Search companies