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PUBLISHER: Grand View Research | PRODUCT CODE: 1446467
PUBLISHER: Grand View Research | PRODUCT CODE: 1446467
Oil Free Air Compressor Market Size, Share & Trends Analysis Report By Product (Stationary, Portable), By Technology, By Power Rating, By Application, By Region, And Segment Forecasts, 2024 - 2030
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PAGES: 125 Pages
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Oil Free Air Compressor Market Growth & Trends:
The global oil free air compressor market is anticipated to reach USD 17.2 billion by 2030 and is anticipated to expand at a CAGR of 5.0% during the forecast period of 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing need for energy-efficient compressors, coupled with demand for low-cost portable compressors, is expected to drive the market growth over the forecast period.
Oil-free air compressors find widespread use in various industries such as power generation, petroleum, chemicals, and manufacturing. These compressors are employed in numerous applications as industries increasingly embrace cost-effective manufacturing methods to address the limitations of traditional production approaches. The heightened demand for energy-efficient compressors stems from their ability to enhance energy distribution and cost-effectiveness. Additionally, stringent environmental regulations imposed by governments worldwide contribute to the rising demand for oil-free air compressors across diverse industries.
The global automotive industry holds a significant share of oil free air compressor market. According to the International Organization of Motor Vehicle Manufacturers, global automotive production reached 85.0 million units in 2022, witnessing an increase of 3.0% compared with the vehicle production recorded worldwide in 2021. As oil free air compressors are used in various stages of vehicle production, right from the usage of compressed air by spray painting guns to its utilization for pushing paints through robots or paint guns onto the body of automobiles, the surge in vehicle production is anticipated to fuel the growth of the global market.
Moreover, increased investments in the construction of new vehicle production facilities to cater to the surging global demand for vehicles are anticipated to further contribute to the demand for oil free air compressors, thereby leading to the growth of the market. Oil-free air compressors play a crucial role in vehicles by providing a clean and reliable source of compressed air for various applications. Unlike traditional oil-lubricated compressors, oil-free variants eliminate the risk of oil contamination in the air supply, ensuring the integrity of critical components such as braking systems. These compressors contribute to enhanced efficiency, reduced maintenance costs, and increased environmental sustainability in vehicles. With their ability to deliver contaminant-free compressed air, oil-free air compressors support the overall performance and longevity of vehicles, aligning with the industry's commitment to cleaner and more sustainable transportation solutions.
Oil Free Air Compressor Market Report Highlights:
- Portable product segment dominated the product segment with a 42.4% share in 2023. Portable oil-free compressors are much lighter and smaller than oil-lubricated compressors, making them a popular choice for workplace and home applications where portability is important.
- Stationary air compressors are intended to remain in one location and connected to a building's electrical circuit. These compressors are ideal for use in manufacturing plants, industrial plants, and auto repair shops.
- Reciprocating oil free air compressors are able to provide clean, dry compressed air that is free from oil contamination, making them ideal for these applications. Additionally, another factor influencing reciprocating oil free compressors segment growth is the increasing focus on energy efficiency and sustainability.
- The features of rotary oil free screw air compressors such as low noise output, high energy-efficiency, good performance, easy maintenance, and uninterrupted operation are anticipated to attract more and more customers over the forecast period resulting in an increasing demand for rotary air compressors.
- Oil free air compressors have gained popularity in the food & beverage industry owing to their ability to provide clean, contaminant-free compressed air. Since oil can contaminate products and compromise their quality, the food & beverage industry requires compressed air that is free of oil and other contaminants, resulting in a growing demand for oil free air compressors in this industry.
- The market for oil free air compressors under 15kW is a highly competitive and dynamic space, with numerous manufacturers offering a diverse range of products. These compressors are typically used in industries where oil contamination is a major concern, such as food & beverage, pharmaceuticals, and electronics manufacturing.
- The oil-free air compressor market in Europe is experiencing significant growth driven by the region's increasing emphasis on environmental sustainability and stringent regulations promoting cleaner technologies. With a rising demand for oil-free compressed air in various industries such as manufacturing, healthcare, and automotive, the market is witnessing a surge in adoption due to the elimination of oil contamination risks and enhanced operational efficiency. The emphasis on reducing carbon footprints and meeting stringent air quality standards is compelling industries to invest in oil-free air compressors, fostering technological advancements and innovation in the market.
- In April 2023, Atlas Copco AB completed the acquisition of Shandong Bozhong Vacuum Technology Co., Ltd, an innovator and manufacturer of vacuum systems and pumps. The acquired business will become a part of the industrial vacuum division in the vacuum technique business segment of Atlas Copco AB.
Product Code: GVR-1-68038-343-0
Table of Contents
Chapter 1. Oil Free Air Compressor Market: Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Oil Free Air Compressor Market: Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Oil Free Air Compressor Market: Variables, Trends, & Scope
- 3.1. Concentration & Growth Prospect Mapping
- 3.2. Industry Value Chain Analysis
- 3.2.1. Raw Material/Component Outlook
- 3.2.2. Manufacture Outlook
- 3.2.3. Distribution Outlook
- 3.3. Technology Overview
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Drivers Analysis
- 3.5.2. Market Restraints Analysis
- 3.5.3. Market Opportunity Analysis
- 3.5.4. Market Challenge Analysis
- 3.6. Oil Free Air Compressor Market Analysis Tools
- 3.6.1. Porter's Five Forces Analysis
- 3.6.1.1. Bargaining power of the suppliers
- 3.6.1.2. Bargaining power of the buyers
- 3.6.1.3. Threats of substitution
- 3.6.1.4. Threats from new entrants
- 3.6.1.5. Competitive rivalry
- 3.6.2. PESTEL Analysis
- 3.6.2.1. Political landscape
- 3.6.2.2. Economic and Social landscape
- 3.6.2.3. Technological landscape
- 3.6.2.4. Environmental landscape
- 3.6.2.5. Legal landscape
- 3.6.1. Porter's Five Forces Analysis
- 3.7. Economic Mega Trend Analysis
Chapter 4. Oil Free Air Compressor Market: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Oil Free Air Compressor Market: Product Movement Analysis, USD Million, 2023 & 2030
- 4.3. Portable
- 4.3.1. Portable Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Stationary
- 4.4.1. Stationary Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Oil Free Air Compressor Market: Technology Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Oil Free Air Compressor Market: Technology Movement Analysis, USD Million, 2023 & 2030
- 5.3. Reciprocating
- 5.3.1. Reciprocating Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Rotary/Screw
- 5.4.1. Rotary/Screw Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Centrifugal
- 5.5.1. Centrifugal Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Oil Free Air Compressor Market: Power Rating Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Oil Free Air Compressor Market: Power Rating Movement Analysis, USD Million, 2023 & 2030
- 6.3. Below 15 kW
- 6.3.1. Below 15 kW Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. 15 - 55 kW
- 6.4.1. 15 - 55 kW Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. 55 -160 kW
- 6.5.1. 55 -160 kW Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Above 160 kW
- 6.6.1. Above 160 kW Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Oil Free Air Compressor Market: Application Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Oil Free Air Compressor Market: Application Movement Analysis, USD Million, 2023 & 2030
- 7.3. Food & Beverage
- 7.3.1. Food & Beverage Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Pharmaceutical
- 7.4.1. Pharmaceutical Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Semiconductor & Electronics
- 7.5.1. Semiconductor & Electronics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6. Chemical
- 7.6.1. Chemical Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.7. Automotive
- 7.7.1. Automotive Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.8. Others
- 7.8.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Oil Free Air Compressor Market: Region Estimates & Trend Analysis
- 8.1. Oil Free Air Compressor Market Share, By Region, 2023 & 2030, USD Million
- 8.2. North America
- 8.2.1. Oil Free Air Compressor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.2.1. U.S. Oil Free Air Compressor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.3. Canada
- 8.2.3.1. Canada Oil Free Air Compressor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.4. Mexico
- 8.2.4.1. Mexico Oil Free Air Compressor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Oil Free Air Compressor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.2. Germany
- 8.3.2.1. Germany Oil Free Air Compressor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.3. UK
- 8.3.3.1. UK Oil Free Air Compressor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.4. France
- 8.3.4.1. France Oil Free Air Compressor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.5. Italy
- 8.3.5.1. Italy Oil Free Air Compressor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.6. Spain
- 8.3.6.1. Italy Oil Free Air Compressor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Oil Free Air Compressor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.2. China
- 8.4.2.1. China Oil Free Air Compressor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.3. India
- 8.4.3.1. India Oil Free Air Compressor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.4. Japan
- 8.4.4.1. Japan Oil Free Air Compressor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.5. Australia
- 8.4.5.1. Australia Oil Free Air Compressor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.6. South Korea
- 8.4.6.1. Italy Oil Free Air Compressor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5. Central & South America
- 8.5.1. Oil Free Air Compressor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5.2. Brazil
- 8.5.2.1. Brazil Oil Free Air Compressor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5.3. Argentina
- 8.5.3.1. Argentina Oil Free Air Compressor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6. Middle East & Africa
- 8.6.1. Oil Free Air Compressor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.2. Saudi Arabia
- 8.6.2.1. Saudi Arabia Oil Free Air Compressor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.3. South Africa
- 8.6.3.1. South Africa Oil Free Air Compressor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis by Key Market Participants
- 9.2. Company Categorization
- 9.3. Company Market Positioning
- 9.4. Company Market Share Analysis
- 9.5. Company Heat Map Analysis
- 9.6. Strategy Mapping
- 9.7. Company Profiles
- 9.7.1. Atlas Copco AB
- 9.7.1.1. Participant's Overview
- 9.7.1.2. Financial Performance
- 9.7.1.3. Product Benchmarking
- 9.7.1.4. Recent Developments
- 9.7.2. FS Elliot Co., LLC
- 9.7.2.1. Participant's Overview
- 9.7.2.2. Financial Performance
- 9.7.2.3. Product Benchmarking
- 9.7.2.4. Recent Developments
- 9.7.3. Hanwha Power Systems CO., LTD.
- 9.7.3.1. Participant's Overview
- 9.7.3.2. Financial Performance
- 9.7.3.3. Product Benchmarking
- 9.7.3.4. Recent Developments
- 9.7.4. Ingersoll Rand
- 9.7.4.1. Participant's Overview
- 9.7.4.2. Financial Performance
- 9.7.4.3. Product Benchmarking
- 9.7.4.4. Recent Developments
- 9.7.5. Sullair, LLC.
- 9.7.5.1. Participant's Overview
- 9.7.5.2. Financial Performance
- 9.7.5.3. Product Benchmarking
- 9.7.5.4. Recent Developments
- 9.7.6. Kaeser Kompressoren SE
- 9.7.6.1. Participant's Overview
- 9.7.6.2. Financial Performance
- 9.7.6.3. Product Benchmarking
- 9.7.6.4. Recent Developments
- 9.7.7. Doosan Portable Power
- 9.7.7.1. Participant's Overview
- 9.7.7.2. Financial Performance
- 9.7.7.3. Product Benchmarking
- 9.7.7.4. Recent Developments
- 9.7.8. Sullivan-Palatek Inc.
- 9.7.8.1. Participant's Overview
- 9.7.8.2. Financial Performance
- 9.7.8.3. Product Benchmarking
- 9.7.8.4. Recent Developments
- 9.7.9. ELGi
- 9.7.9.1. Participant's Overview
- 9.7.9.2. Financial Performance
- 9.7.9.3. Product Benchmarking
- 9.7.9.4. Recent Developments
- 9.7.10. Zen Air Tech Private Limited
- 9.7.10.1. Participant's Overview
- 9.7.10.2. Financial Performance
- 9.7.10.3. Product Benchmarking
- 9.7.10.4. Recent Developments
- 9.7.11. Frank Technologies Pvt Ltd.
- 9.7.11.1. Participant's Overview
- 9.7.11.2. Financial Performance
- 9.7.11.3. Product Benchmarking
- 9.7.11.4. Recent Developments
- 9.7.12. Hitachi Industrial Equipment Systems Co., Ltd.
- 9.7.12.1. Participant's Overview
- 9.7.12.2. Financial Performance
- 9.7.12.3. Product Benchmarking
- 9.7.12.4. Recent Developments
- 9.7.13. CIASONS Industrial Inc
- 9.7.13.1. Participant's Overview
- 9.7.13.2. Financial Performance
- 9.7.13.3. Product Benchmarking
- 9.7.13.4. Recent Developments
- 9.7.14. Aerzen
- 9.7.14.1. Participant's Overview
- 9.7.14.2. Financial Performance
- 9.7.14.3. Product Benchmarking
- 9.7.14.4. Recent Developments
- 9.7.15. ANEST IWATA Corporation
- 9.7.15.1. Participant's Overview
- 9.7.15.2. Financial Performance
- 9.7.15.3. Product Benchmarking
- 9.7.15.4. Recent Developments
- 9.7.1. Atlas Copco AB
Product Code: GVR-1-68038-343-0
List of Tables
- Table 1 Oil Free Air Compressor market estimates and forecasts by product, 2018 - 2030 (USD Million)
- Table 2 Oil Free Air Compressor market estimates and forecasts by technology, 2018 - 2030 (USD Million)
- Table 3 Oil Free Air Compressor market estimates and forecasts by power rating, 2018 - 2030 (USD Million)
- Table 4 Oil Free Air Compressor market estimates and forecasts by application, 2018 - 2030 (USD Million)
- Table 5 U.S. Macroeconomic Outlay
- Table 6 Canada Macroeconomic Outlay
- Table 7 Mexico Macroeconomic Outlay
- Table 8 Germany Macroeconomic Outlay
- Table 9 UK Macroeconomic Outlay
- Table 10 France Macroeconomic Outlay
- Table 11 Spain Macroeconomic Outlay
- Table 12 Italy Macroeconomic Outlay
- Table 13 China Macroeconomic Outlay
- Table 14 India Macroeconomic Outlay
- Table 15 Japan Macroeconomic Outlay
- Table 16 South Korea Macroeconomic Outlay
- Table 17 Australia Macroeconomic Outlay
- Table 18 Brazil Macroeconomic Outlay
- Table 19 Argentina Macroeconomic Outlay
- Table 20 Saudi Arabia Macroeconomic Outlay
- Table 21 South Africa Macroeconomic Outlay
- Table 22 Recent Developments & Impact Analysis, By Key Market Participants
- Table 23 Company Heat Map Analysis, 2023
- Table 24 Key Companies: Mergers & Acquisitions
- Table 25 Key Companies: Product Launches
- Table 26 Key Companies: Expansions
List of Figures
- Fig. 1 Market Segmentation & Scope
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation And Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Market Snapshot
- Fig. 7 Market Segmentation & Scope
- Fig. 8 Segment Snapshot
- Fig. 9 Competitive Landscape Snapshot
- Fig. 10 Oil Free Air Compressor Market Value, 2023 (USD Million)
- Fig. 11 Oil Free Air Compressor Market - Value Chain Analysis
- Fig. 12 Oil Free Air Compressor Market - Market Dynamics
- Fig. 13 Oil Free Air Compressor Market - PORTER's Analysis
- Fig. 14 Oil Free Air Compressor Market - PESTEL Analysis
- Fig. 15 Oil Free Air Compressor Market Estimates & Forecasts, By Product: Key Takeaways
- Fig. 16 Oil Free Air Compressor Market Share, By Product, 2023 & 2030
- Fig. 17 Portable Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 18 Stationary Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 19 Oil Free Air Compressor Market Estimates & Forecasts, By Technology: Key Takeaways
- Fig. 20 Oil Free Air Compressor Market Share, By Technology, 2023 & 2030
- Fig. 21 Reciprocating Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 22 Rotary/Screw Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 23 Centrifugal Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 24 Oil Free Air Compressor Market Estimates & Forecasts, By Power Rating: Key Takeaways
- Fig. 25 Oil Free Air Compressor Market Share, By Power Rating, 2023 & 2030
- Fig. 26 Below 15 kW Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 27 15 - 55 kW Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 28 55 -160 kW Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 29 Above 160 kW Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 30 Oil Free Air Compressor Market Estimates & Forecasts, By Application: Key Takeaways
- Fig. 31 Oil Free Air Compressor Market Share, By Application, 2023 & 2030
- Fig. 32 Food & Beverage Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 33 Pharmaceutical Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 34 Semiconductor & Electronics Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 35 Chemical Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 36 Automotive Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 37 Others Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 38 U.S. Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 39 Canada Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 40 Mexico Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 41 Germany Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 42 France Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 43 UK Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 44 Spain Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 45 Italy Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 46 China Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 47 India Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 48 Japan Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 49 Australia Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 50 South Korea Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 51 Brazil Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 52 Argentina Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 53 Saudi Arabia Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 54 South Africa Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 55 Key Company Categorization
- Fig. 56 Company Market Positioning
- Fig. 57 Key Company Market Share Analysis, 2023
- Fig. 58 Strategy Mapping
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