Oil Free Air Compressor Market Size Worth $18.36 Billion By 2032 | CAGR: 4.6%

The global Oil Free Air Compressor market size is expected to reach USD 18.36 billion by 2032, according to a new study by Polaris Market Research. The report “Oil Free Air Compressor Market Share, Size, Trends, Industry Analysis Report, By Power Rating (Below 15kW, 15-55kW, 55-160kW, and Above 160 kW); By Technology; By Product; By Application; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The market is expected to grow over the forecast period driven by the increasing demand for energy-efficient compressors and low-cost portable compressors. There is a growing focus on energy recovery, energy efficiency, and reducing CO2 emissions, as highlighted by initiatives such as the Inflation Reduction Act of 2022, which is expected to boost product demand. Additionally, the demand for value-added services is anticipated to fuel market expansion.

Furthermore, the need for repair and replacement activities is expected to drive the demand for oil-free air compressors during the forecast period. Emerging trends such as new-age equipment and clean air technology, such as portable and noise-free air compressors, are expected to benefit manufacturers. The ease of moving oil-free air compressors to different locations is also anticipated to stimulate demand for portable equipment.

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The increasing demand for portable oil-free air compressors is expected to be fueled by their eco-friendly features, cost-effective operations, and retrofitting of existing systems. Additionally, advancements in technology, stringent government regulations, and growing emphasis on environmental preservation are expected to contribute to the market's growth in the coming years. For instance, in February 2021, Sullair LLC introduced a mid-range series of portable air compressors featuring electronic spiral valve technology, making it the first of its kind in the market. These mid-range series of portable air compressors are specifically designed to offer efficiency and flexibility.

Oil Free Air Compressor Market Report Highlights

• The below 15 kW is anticipated to exhibit a fastest growth rate during the forecast period. These modern compressors are equipped with error detection and service warning features in their monitoring systems, which are specifically designed for compressors with lower power ratings. This trend can be attributed to the increasing demand for low-power rotary and centrifugal compressors in the market.
• The rotary/screw segment of oil-free air compressors is projected to witness a fastest growth rate during the forecast period. This growth can be attributed to the widespread adoption of this technology in heavy industrial applications.
• The portable segment of oil-free air compressors is projected to have a largest market share. This can be attributed to features such as low maintenance requirements and ease of handling, which drive their demand in emerging low-duty applications.
• Asia Pacific region is projected to grow at a fastest growth rate during the forecast period. This growth is primarily driven by the increasing need for oil-free air compressors in diverse applications such as manufacturing, food & beverage, and oil & gas, which is leading to the expansion of the market.
• The global key market players include AireTex Compressors, Atlas Copco, FS Elliot Co, Hanwha Techwin, Ingersoll Rand Plc, Bauer Group, Gardner Denver, Anest Iwata, Kaeser Kompressoren, Boge Kompressoren, Mehrer Compression GmbH, Cook Compression, Frank Technologies, Hitachi Industrial Equipment Systems Co., Ltd. Rolair Systems, Sullair Corp among others.

Polaris Market Research has segmented the Oil Free Air Compressor market report based on Power Rating, Technology, Product, application, and region:

Oil Free Air Compressor, Power Rating Outlook (Revenue - USD Billion, 2019 - 2032)

• Below 15kW
• 15-55kW
• 55-160kW
• Above 160 kW

Oil Free Air Compressor, Technology Outlook (Revenue - USD Billion, 2019 - 2032)

• Rotary/Screw
• Centrifugal
• Reciprocating

Oil Free Air Compressor, Product Outlook (Revenue - USD Billion, 2019 - 2032)

• Portable
• Stationary

Oil Free Air Compressor, Application Outlook (Revenue - USD Billion, 2019 - 2032)

• Pharmaceutical
• Food & Beverage
• Semiconductor & electronics
• Oil & Gas
• Chemical
• Automotive
• Others

Oil Free Air Compressor, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa