Press Release Description
Thailand Portable Diesel Air Compressor Market to Surge at a CAGR of Around 5.45% Due to Expanding Construction & Mining Sectors
The Thailand Portable Diesel Air Compressor Market size was valued at around USD 17 million in 2024 and is projected to reach USD 25 million by 2030. It is also estimated to grow at a CAGR of around 5.45% during the forecast period, 2025-30, cites MarkNtel Advisors in the recent research report. The expanding construction and mining sectors in the country, and a rise in processed foods, among others, are the factors driving the market growth. The country is witnessing an increase in construction work, mainly due to the investment in renewable energy infrastructure, upgradation of existing highways, and railway projects. The government in the country has committed to reducing greenhouse gas emissions, which is leading to the expansion in the number of construction projects in the renewable energy sector.
For instance, in 2024, the Asian Development Bank (ADB) signed a USD 820 million loan with Gulf Renewable Energy Company Limited for the construction of 12 renewable energy projects in Thailand, including 8 ground-mounted solar photovoltaic (PV) plants and four ground-mounted solar PV plants. As air compressors are used in construction work for power tools, spraying, cleaning, etc., and the equipment also features a mobile nature and construction is one of the country's major fields using portable diesel air compressors, thus, the use of this equipment in the establishment of the data center would continue to rise, supporting the market growth.
Additionally, these air-powered tools are much quieter and involve fewer breakdowns as they have fewer parts. The small size and lightweight characteristics of these compressors make them much easier to transport over varied distances as well. During 2026-30, the government has already earmarked more than USD 1 billion towards public infrastructure development. This allocation is expected to act as a catalyst for the market growth, further states the research report, “Thailand Portable Diesel Air Compressor Market Analysis, 2025.”
Segmental Analysis
Construction Sector Creating Major Market Demand
Based on application, the market is further bifurcated into Construction, Mining, Oil & Gas, Manufacturing, Agriculture, Marine (Shipyards), Power Utilities (Pipeline Distribution), and Others. Among all, the construction segment dominates the market due to the rising focus on infrastructural development in Thailand. This is also supported by a growing number of projects in both commercial and residential areas overall. The proliferation of mixed-use development spaces is also getting popular, mainly in urban centres of the country.
Moreover, with rising foreign arrivals in the country, the tourism sector revenue is expected to expand manifold, which in turn results in infrastructural expansion. This leads to enhanced connectivity in major cities such as Bangkok, Phuket, and Chiang Mai, among others. In addition to this, the public sector projects are also driving the investment in the construction sector. Therefore, these factors give rise to demand for construction equipment, including portable diesel air compressors. In the sphere of residential construction, the rising awareness about eco-friendly housing is expected to bring a surge in demand for vertical housing and green buildings. As a result, the upcoming residential construction projects are set to bring an upward trajectory in the application of portable air compressors in the country.
In 2024, Google announced an investment of USD 1 billion for a data center in Chonburi, an eastern province of Thailand. This will give rise to construction activities involving investment plans for the smooth working of building and facility operations of data centres. Such initiatives by companies are likely to increase the overall number of facilities with a notable uptick in the adoption of portable air compressors in the coming years. Further, the innovative products by the leading market players are also anticipated to expand the application of these portable diesel air compressors in the construction sector.
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including Atlas Copco (Thailand) Limited, Ingersoll Rand, Doosan Bobcat Korea Co. Ltd., Kaeser Kompressoren (Thailand) Ltd., Hitachi Global Air Power US, LLC (Sullair), ELGi, Airman, Denair Energy Saving Technology (Shanghai) PLC., Hubei Teweite Power Technology Co., Ltd., compare, and others are looking forward to strengthening their market positions.
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the country?
- How has the industry been evolving in terms of geography & product adoption?
- How has the competition been shaping up across the country?
- How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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