Oil Free Compressor Trends and Forecast
The future of the global oil free compressor market looks promising with opportunities in the food & beverage, pharmaceutical, semiconductor & electronic, chemical, oil & gas, and automotive applications. The global oil free compressor market is expected to reach an estimated $16.8 billion by 2030 with a CAGR of 4.7% from 2024 to 2030. The major drivers for this market are rising demand for superior air quality among industries and growing awareness of the environmental and health benefits of oil free compressors.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Oil Free Compressor by Segment
The study includes a forecast for the global oil free compressor by product type, technology, power rating, end use industry, and region.
Oil Free Compressor Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Stationary
• Portable
Oil Free Compressor Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Reciprocating
• Rotary/Screw
• Centrifugal
Oil Free Compressor Market by Power Rating [Shipment Analysis by Value from 2018 to 2030]:
• Below 15kW
• 15-55kW
• 55-160kW
• Above 160kW
Oil Free Compressor Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Food & Beverage
• Pharmaceutical
• Semiconductor & Electronics
• Chemical
• Oil & Gas
• Automotive
• Others
Oil Free Compressor Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Oil Free Compressor Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies oil free compressor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the oil free compressor companies profiled in this report include-
• Atlas Copco
• Ingersoll Rand
• Sullair
• KAESER
• Gardner Denver
• Fusheng
• Kobelco
• Boge
• GE
• Aerzen
Oil Free Compressor Market Insights
Lucintel forecasts that stationary will remain the larger segment over the forecast period due to its growing demand from food and beverage processing, pharmaceuticals, electronics, and chemicals.
Within this market, food and beverage will remain the largest segment due to increasing usage of oil free compressor in this sector for various application, such as food packaging, processing, and bottling.
APAC is expected to witness highest growth over the forecast period due to high demand for oil-free compressors in the electronics, automotive, and food and beverage industries in the region.
Features of the Global Oil Free Compressor Market
Market Size Estimates: Oil free compressor market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Oil free compressor market size by various segments, such as by product type, technology, power rating, end use industry, and region in terms of value ($B).
Regional Analysis: Oil free compressor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, technologies, power ratings, end use industries, and regions for the oil free compressor market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the oil free compressor market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the oil free compressor market size?
Answer: The global oil free compressor market is expected to reach an estimated $16.8 billion by 2030.
Q2. What is the growth forecast for oil free compressor market?
Answer: The global oil free compressor market is expected to grow with a CAGR of 4.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the oil free compressor market?
Answer: The major drivers for this market are rising demand for superior air quality among industries and growing awareness of the environmental and health benefits of oil free compressors.
Q4. What are the major segments for oil free compressor market?
Answer: The future of the oil free compressor market looks promising with opportunities in the food & beverage, pharmaceutical, semiconductor & electronic, chemical, oil & gas, and automotive applications.
Q5. Who are the key oil free compressor market companies?
Answer: Some of the key oil free compressor companies are as follows:
• Atlas Copco
• Ingersoll Rand
• Sullair
• KAESER
• Gardner Denver
• Fusheng
• Kobelco
• Boge
• GE
• Aerzen
Q6. Which oil free compressor market segment will be the largest in future?
Answer: Lucintel forecasts that stationary will remain the larger segment over the forecast period due to its growing demand from food and beverage processing, pharmaceuticals, electronics, and chemicals.
Q7. In oil free compressor market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to high demand for oil-free compressors in the electronics, automotive, and food and beverage industries in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the oil free compressor market by product type (stationary and portable), technology (reciprocating, rotary/screw, and centrifugal), power rating (below 15kW, 15-55kW, 55-160kW, and above 160kW), end use industry (food & beverage, pharmaceutical, semiconductor & electronics, chemical, oil & gas, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Oil Free Compressor Market, Oil Free Compressor Market Size, Oil Free Compressor Market Growth, Oil Free Compressor Market Analysis, Oil Free Compressor Market Report, Oil Free Compressor Market Share, Oil Free Compressor Market Trends, Oil Free Compressor Market Forecast, Oil Free Compressor Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.