Oil Free Air Compressor Market Report

Oil Free Air Compressor Market Analysis By Product (Stationary, Portable), By Technology (Reciprocating, Rotary, Centrifugal), By Application (Manufacturing, Oil & Gas, Energy, F&B, Healthcare, Semiconductor & Electronics), And Segment Forecasts, 2014 - 2025

Published: December 2014  |  107 Pages  |  Format: PDF  |  Report ID: GVR-1-68038-343-0

Industry Insights

The global oil free air compressor market size was estimated at USD 9.96 billion in 2015. The growing demand in application areas where air quality is critical is expected to drive growth over the forecast period. These compressors offer enhanced working efficiency and highly reliable running, making them an ideal choice across several end-use industries.

The rising environmental awareness among governments in different regions have resulted in a spate of regulations to ensure improved air quality. This along with the demand for low maintenance cost have provided an impetus to the oil free air compressor sales. Several end-use industries including general manufacturing, food & beverage, oil & gas and energy are bustling to arm their machinery with these compressors. This is primarily done to ensure compliance with several industry standards that specify the level of oil concentration in compressed air.

China oil free air compressor market by technology, 2014 - 2025 (USD Million)

China oil free air compressor market

Product Insights

Portable oil free compressor segment accounted for a significant revenue share in 2015. Imperative features including high-speed, high-quality digital system, low-noise and low maintenance contributed towards the segment growth over the last few years, a trend expected to impact the overall sales positively over the forecast period.

The effortlessness of handling offered by portable oil free air compressors is anticipated to spur their demand in low-duty solicitations. Further, they need less maintenance as they possess few wearing components and parts.

Technology Insights

Rotary compressors captured a sizeable revenue share in 2015 owing to their increased adoption in heavy industrial applications. However, the centrifugal compressor segment is anticipated to gain traction over the forecast period, which is primarily ascribed to the growing usage in non-industrial applications.

Centrifugal compressors are often found in automobile, refining and oil & gas industries. The growth across these industries is a primary factor expected to instigate demand over the forecast period. These product types are usually preferred in an industrial setting, and although the initial cost is high, the compressors offer benefits that help lower the payback period, which is a key factor considered by buyers.

Application Insights

Air tools have emerged as a staple to numerous industries ranging from large industrial machinery to home appliances. This is accredited to their high dependency on compressed air for several operations. The market is characterized with the availability of oil-free compressors featuring adaptability to a wide range of applications particularly larger volume, high pressure and automated needs.

End-use industries including food & beverage and pharmaceutical bear evidence that use of clean air is becoming increasingly critical. The aforementioned industries are known to have faced lawsuits relating low-quality with the presence of oil particles in compressed air, subsequently instigating demand. Further, the oil free air compressor market is getting a shot in the arm from the food & beverage industry, which is primarily ascribed to several regulations pertaining to safety and hygiene that governs the sector.

Global oil free air compressor market by application, 2015 (USD Million)

global oil free air compressor market

Regional Insights

Europe held the highest market share in 2015. However, Asia Pacific is projected to gain prominence over the forecast period owing to the adoption of oil free air compressors in this region. Several oil & gas, manufacturing, food & beverage and energy sectors in Asia Pacific are projected to make use of these products, which would subsequently spur the revenue growth.

Further, the need to generate more power for catering demands of the expanding population has fueled its adoption in the region. The untapped potential for downstream activities in economies including Kuwait, UAE and Qatar has opened growth avenues for substantial growth over the forecast period.

Competitive Insights

The market is fragmented in nature with key four players accounting for merely close to 30% of the overall revenue share. These players include Atlas Copco, General Electric, Ingersoll Rand PLC and Gardner Denver.

The key players are focus on acquisitions and mergers in order to expand their product offerings. Besides offering air compressors with integrated control capabilities, key purveyors offer retrofitting solutions for the existing products.

Report Scope

Attribute

Details

Base year for estimation

2015

Actual estimates/Historic data

2014 - 2015

Forecast period

2016 - 2025

Market representation

Revenue in USD Million & CAGR from 2016 to 2025

Regional scope

North America, Europe, Asia Pacific, Latin America and MEA

Country scope

U.S., Canada, UK, Germany, Japan, China, India, Brazil, and Mexico

Report coverage

Revenue forecast, company share, competitive landscape, growth factors and trends

15% free customization scope (equivalent to 5 analyst working days)

If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization


Segments Covered in the Report

This report forecasts revenue growth at global, regional & country levels and provides an analysis on the latest industry trends in each of the sub-segment from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the oil free air compressor market on the basis of product, technology, application and region:

  • Product Outlook (Revenue, USD Million; 2014 - 2025)
    • Portable

    • Stationary

  • Technology Outlook (Revenue, USD Million; 2014 - 2025)
    • Reciprocating

    • Rotary/Screw

    • Centrifugal

  • Application Outlook (Revenue, USD Million; 2014 - 2025)
    • Manufacturing

    • Semiconductor & Electronics

    • Food & Beverage

    • Healthcare

    • Home Appliances

    • Energy

    • Oil & Gas

    • Others

  • Regional Outlook (Revenue, USD Million; 2014 - 2025)
    • North America

      • U.S.

      • Canada

    • Europe

      • Germany

      • UK

    • Asia Pacific

      • China

      • India

      • Japan

    • Latin America

      • Brazil

      • Mexico

    • Middle East & Africa (MEA)

Request Sample
Request for Customization

Choose License Type:

Single User - $4,950
Multi User - $7,950
Enterprise User - $9,950

Special Pricing & Discounts

Avail customized purchase options to meet your research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert. Request for a free product review before report purchase.

  • Custom research service

    Custom research service

    Speak to the report author to design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service excellence represented in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • BOA