Oil-free Air Compressor Market Key Growth Analysis On Top Key Players Like Hitachi Industrial Equipment Systems, Ingersoll Rand, Oasis Manufacturing, ELGI Equipments Limited, Cook Compression

Market Study Report adds global Global Oil-free Air Compressor market report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.

The oil-free air compressor market has been extremely proliferated owing to the rising awareness regarding environmental impact of greenhouse gas emissions and the subsequent need for efficient, low energy consuming products. The absence of oil in the functioning of these compressors facilitate lesser operating and maintenance costs, while the availability of portable air compressors for applications like construction has boosted the product demand.

Oil-free Air Compressor Market will surpass USD 14 billion by 2024; according to a new research report.

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The increasing consumer spending has thrusted the demand for home appliances like refrigerators and air conditioners that use stationery oil-free air compressors for delivering clean air. Prevalence of various diseases, growing health concerns as well as increased affordability of medical services have advanced the healthcare segment, where oil-free compressors enable the supply of suitable air in hospitals, clinics and ambulatory surgical centers.

Report Mainly focuses on the top Manufacturers in global market are given bellow

General Electric, Hitachi Industrial Equipment Systems, Ingersoll Rand, Oasis Manufacturing, ELGI Equipments Limited, Cook Compression, Atlas Copco, Gardner Denver, Bauer Group, Boge Compressors, Mitsubishi Heavy Industries

With the consistently improving healthcare provision in developed and emerging economies, the number of medical procedures and health checkups have risen significantly over the past few years. In 2013, it was reported that almost 232 million surgeries were performed worldwide, signifying the extensive need for ideal hygienic environment in medical centers. Oil-free air compressors, like the Aquaair range, help to supply clean air for patients and doctors in medical and operating rooms, along with cost-effective air generation.

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Rising governmental regulations in several countries with regards to safeguarding the environment to mitigate the emission of harmful gasses and greenhouse effects that leads to ozone layer depletion, will propel the oil-free air compressor market demand. Growing product demand in various areas such healthcare and food & beverage industry where air quality needed for application is critical is expected to drive the global oil-free air compressor market growth over the forecast period.

By Product

Portable, Stationary

By Technology

Rotary [Screw, Scroll], Reciprocating, Centrifugal), By Application (Home Appliances, Food & Beverage, Semiconductors & Electronics, Manufacturing, Healthcare [Medical, Dental]

Further, oil-free air technology helps to avoid expensive filter replacements thereby, cutting the cost of oil condensate treatment and reduction in energy lost from pressure drop in filters. In addition, low installation & maintenance cost, portability, energy efficiency and ability to supply variation in pressure will augment the market growth. Rising manufacturing activities in industrial and non-industrial processes particularly in developing countries will strengthen the global oil free air compressor demand in the coming years.

Some restraints associated with the oil-free air compressor market are expensive raw material, noise pollution, bulky size and also the wear and tear caused due to non-lubrication will lead to friction between machine parts. These factors will hinder the global oil-free air compressor market growth in near future.

Based on revenue, stationary segment held approximately USD 12 billion in 2024 of the overall oil-free air compressor market share owing to its increasing applicability in the home appliances and manufacturing sector. The portable oil-free air compressors segment accounted for a revenue share of over USD 2.5 billion in 2024, (hand-held or wheel mounted). The effortless handling and low maintenance offered by portable oil free air compressors will spur the product demand in near future.

The above information is provided on a regional and country basis for the following:
U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait

On the basis of volume, the home appliances segment will capture significant share of over 70% in 2024 of the global oil-free air compressor market owing to its wide application in air conditioners and refrigerators for commercial as well as residential purpose. The food & beverages segment revenue will capture a comparatively lesser market share by the end of 2024 due to several regulations pertaining to safety and hygiene governing the sector.

Based on volume, Asia-pacific led by China will exhibit growth with a CAGR of over 4% owing to significant demand from the oil & gas industries along with adoption of variable speed air compressor. North America rotary scroll oil-free air compressor market accounted for over USD 215 million in 2024 and will exhibit growth with a CAGR of close to 4 %.

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