Tuesday, 02 January 2024 12:17 GMT

Vietnam Air Compressor Market Size, Share, Trends And Forecast 2025-2033


(MENAFN- IMARC Group) The Vietnam air compressor market size reached USD 95.5 million in 2024 and is projected to hit USD 126.1 million by 2033, growing at a CAGR of 2.82% during 2025–2033. The market is being driven by the rising adoption in pharmaceutical manufacturing, increasing government investments in infrastructure development to facilitate efficient trade and transportation, and the launch of advanced compressor technologies offering higher efficiency and reliability.

Key Highlights

  • Market Size (2024): USD 95.5 Million
  • Market Forecast (2033): USD 126.1 Million
  • CAGR (2025–2033): 2.82%
  • Growth factors: Pharmaceutical manufacturing, infrastructure projects, technological advancements

Key Market Trends and Drivers

  • Pharmaceutical Industry Demand: Air compressors are essential for cleanroom operations, packaging, and production of medicines, boosting demand in Vietnam's growing pharma sector.
  • Infrastructure Development: Ongoing government-backed projects for highways, ports, and industrial zones are enhancing demand for industrial-grade air compressors in construction and logistics.
  • Technological Advancements: Adoption of energy-efficient and oil-free compressors is rising as industries aim to meet environmental and operational efficiency targets.
  • Manufacturing Expansion: Vietnam's shift toward becoming a manufacturing hub for electronics, textiles, and food processing is increasing compressor installations.

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Industry Segmentation

Type Insights:

  • Positive Displacement
    • Reciprocating
    • Rotary
  • Dynamic
    • Axial
    • Centrifugal

End User Insights:

  • Oil and Gas
  • Power Sector
  • Manufacturing Industry
  • Chemicals and Petrochemicals
  • Others

Regional Insights:

  • Northern Vietnam
  • Central Vietnam
  • Southern Vietnam

Latest Developments

  • In 2025 , several Vietnamese pharmaceutical firms announced expansion of production facilities, creating new opportunities for oil-free air compressors.
  • Industrial parks in Binh Duong and Hai Phong signed agreements with equipment suppliers for advanced compressor systems to support manufacturing efficiency.
  • Government's push for green and energy-efficient technologies in industrial equipment is expected to accelerate adoption of variable-speed drive (VSD) compressors.

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