Oil-Free Air Compressor Market Size, Share, Growth Report 2030

The global Oil-Free Air Compressor market accrued earnings worth approximately 13.12(USD Billion) in 2020 and is predicted to gain revenue of about 19.73 (USD Billion) by 2028, is set to record a CAGR of nearly 4.7% over the period from 2021 to 2028. The report offers assessment and analysis of the Oil-Free Air Compressor market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

Report Scope :

Request Free SampleOil-Free Air Compressor Market: Overview

Escalating demand for oil-free compressor for enhancing air quality is likely to drive business trends. Furthermore, oil-free compressors provide improved functionalities and hence they are utilized massively in various end-use sectors. Surge in awareness among people to maintain green environment will boost the use of oil-free air compressors in foreseeable future. Growing trend of using compressors providing high air quality along with requiring low maintenance will enhance sale of oil-free air compressors in recent years. Escalating focus on improving energy efficiency along with reducing carbon emissions will bolster need of oil-free air compressors in recent years.

Additionally, oil-free air compressor is mechanical equipment and utilized for gas compression without making use of oil. Moreover, it is environment friendly as it does not release any hazardous gases in atmosphere.  

Oil-Free Air Compressor Market: Growth Factors

Huge demand for value added solutions along with necessity of monitoring compressed air deployments are set to steer growth of oil-free air compressor industry during forecast period. Large-scale utilization of oil-free air compressors in manufacturing, petroleum, chemicals, and electric power sectors will boost oil-free air compressor market trends. Escalating use of oil-free air compressors in pharma and electronics industries will proliferate size of oil-free air compressor market in upcoming years. Increase in strict quality standards implemented by many industries for providing safety to production processes will supplement business growth over the years to come.

Moreover, burgeoning demand for oil-free air compressors in thriving food & beverages industry will embellish size of oil-free air compressor industry over assessment period. Furthermore, surging preference for portable & compact products having long product lifecycle will create lucrative growth avenues for oil-free air compressor market during assessment period. Large-scale product use in construction & mining sectors will scale up oil-free air compressor market progression.

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Regional Landscape

Asia Pacific Market To Register Highest CAGR During 2021-2028

The growth of oil-free air compressor market in Asia Pacific during assessment period is owing surge in spending on infrastructural growth. Rise in demand for energy-efficient products in countries of sub-continent due to strict enforcement of laws pertaining to environmental protection will steer regional market growth. Massive need for portable & lightweight products for improving air quality will translate into humungous growth of oil-free air compressor market in Asia Pacific during assessment period.

Competitive Landscape

Key players profiled in study and leveraging market growth include Atlas Copco, KAESER, Gardner Denver, Ingersoll Rand, Fusheng, General Electric, Hitachi, Sullair, Nanjing Compressor, Anest Iwata, Aerzen, Kobelco, and Mitsui.

The global Oil-Free Air Compressor Market is segmented as follows:

By Product

• Stationary
• Portable

By Power

• 2kW to 55kW   
• More than 55kW

By Application

• Home Appliances
• Energy
• Manufacturing

By Technology

• Reciprocating
• Rotary/Screw
• Centrifugal

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa