Market Overview:
The global oil-free compressor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for oil-free compressors from various end-use industries, such as food & beverage, electronics, pharmaceuticals, oil & gas and others. In addition, the growing awareness about the benefits of using oil-free compressors is also contributing to the growth of this market.
Product Definition:
An oil-free compressor is a type of compressor that does not use any lubricating oil in its operation. This type of compressor is often used in applications where the presence of oil would be harmful or undesirable, such as in food processing plants or hospitals.
Below 50 HP:
Below 50 HP, it's usage.
The global below 50 HP oil free compressor market size was valued at USD 1.8 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growing demand for compressors with low maintenance cost, high reliability & efficiency ratio along with environmental compliance is anticipated to drive the industry growth over the forecast period.
50-100 HP:
50-100 HP is the power range which is generally used for oil free compressors. The main advantage of using 50-100 HP compressors over 35-65 HP ones are that they can be used in applications where high flow rate is required but the system has no access to a cooling water circuit. In addition, these types of equipment are less expensive and have fewer parts than their counterparts making them reliable and easy to maintain.
Application Insights:
The food and beverage application segment led the global oil-free compressor market in 2017. The growth can be attributed to the growing demand for packaged foods, beverages and other products from various end-use industries. For instance, according to a study published by Food Research International in 2018, it is estimated that around 40% of processed food consists of preservatives which include antioxidants (vitamin C), colors (artificial colors) and preservative chemicals (salt). Such high consumption of such additives has led to health hazards including cancer risks among consumers. As a result, manufacturers are increasingly moving towards using natural ingredients while preparing their products without any added chemicals or additives. This trend is expected to drive product demand over the forecast period as well.
Electronics was another major application segment accounted for over 20% share in 2017 owing to increasing use compressors across various industries including semiconductor manufacturing facilities; metalworking; chemical processing plants; etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness moderate growth over the forecast period owing to increasing demand for food and beverages, electronics products, pharmaceuticals, and other industrial applications. Furthermore, rising investments by major companies in developing countries of North America are anticipated to drive product demand over the next eight years.
Asia Pacific is estimated to be one of the fastest-growing regions from 2018 to 2030 owing high economic growth rates coupled with rapid urbanization.
Growth Factors:
- Increasing demand for oil-free compressors in various industries such as automotive, medical, and food & beverage due to the benefits offered by these compressors over traditional ones.
- Growing awareness about the benefits of using oil-free compressors among consumers is expected to fuel the growth of this market in the coming years.
- The increasing adoption of eco-friendly technologies across different industries is projected to boost the demand for oil-free compressors in the near future.
- Rising investments by key players in research and development activities aimed at enhancing product offerings is likely to propel market growth during the forecast period.
- Growing popularity of small and portable oil-free compressors owing to their low noise levels and easy installation is anticipated to create new opportunities for market growth over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil-Free Compressor Market Research Report
By Type
Below 50 HP, 50-100 HP, Above 100 HP
By Application
Food & Beverage, Electronics, Pharmaceuticals, Oil & Gas, Others
By Companies
Atlas Copco, Ingersoll Rand, Sullair, KAESER, Gardner Denver, Fusheng, Kobelco, Boge, GE, Aerzen, Mitsui, Hitachi, Anest Iwata, Nanjing
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Oil-Free Compressor Market Report Segments:
The global Oil-Free Compressor market is segmented on the basis of:
Types
Below 50 HP, 50-100 HP, Above 100 HP
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverage, Electronics, Pharmaceuticals, Oil & Gas, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Atlas Copco
- Ingersoll Rand
- Sullair
- KAESER
- Gardner Denver
- Fusheng
- Kobelco
- Boge
- GE
- Aerzen
- Mitsui
- Hitachi
- Anest Iwata
- Nanjing
Highlights of The Oil-Free Compressor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Below 50 HP
- 50-100 HP
- Above 100 HP
- By Application:
- Food & Beverage
- Electronics
- Pharmaceuticals
- Oil & Gas
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Oil-Free Compressor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An oil-free compressor is a type of compressor that does not use oil as its operating fluid. This type of compressor is often used in industrial and commercial applications where environmental concerns are important.
Some of the major companies in the oil-free compressor market are Atlas Copco, Ingersoll Rand, Sullair, KAESER, Gardner Denver, Fusheng, Kobelco, Boge, GE, Aerzen, Mitsui, Hitachi, Anest Iwata, Nanjing.
The oil-free compressor market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Oil-Free Compressor Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Oil-Free Compressor Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Oil-Free Compressor Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Oil-Free Compressor Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Oil-Free Compressor Market Size & Forecast, 2020-2028 4.5.1 Oil-Free Compressor Market Size and Y-o-Y Growth 4.5.2 Oil-Free Compressor Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Below 50 HP
5.2.2 50-100 HP
5.2.3 Above 100 HP
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food & Beverage
6.2.2 Electronics
6.2.3 Pharmaceuticals
6.2.4 Oil & Gas
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oil-Free Compressor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Oil-Free Compressor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Below 50 HP
9.6.2 50-100 HP
9.6.3 Above 100 HP
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food & Beverage
9.10.2 Electronics
9.10.3 Pharmaceuticals
9.10.4 Oil & Gas
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Below 50 HP
10.6.2 50-100 HP
10.6.3 Above 100 HP
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food & Beverage
10.10.2 Electronics
10.10.3 Pharmaceuticals
10.10.4 Oil & Gas
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Below 50 HP
11.6.2 50-100 HP
11.6.3 Above 100 HP
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food & Beverage
11.10.2 Electronics
11.10.3 Pharmaceuticals
11.10.4 Oil & Gas
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Below 50 HP
12.6.2 50-100 HP
12.6.3 Above 100 HP
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food & Beverage
12.10.2 Electronics
12.10.3 Pharmaceuticals
12.10.4 Oil & Gas
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Below 50 HP
13.6.2 50-100 HP
13.6.3 Above 100 HP
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food & Beverage
13.10.2 Electronics
13.10.3 Pharmaceuticals
13.10.4 Oil & Gas
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Oil-Free Compressor Market: Competitive Dashboard
14.2 Global Oil-Free Compressor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Atlas Copco
14.3.2 Ingersoll Rand
14.3.3 Sullair
14.3.4 KAESER
14.3.5 Gardner Denver
14.3.6 Fusheng
14.3.7 Kobelco
14.3.8 Boge
14.3.9 GE
14.3.10 Aerzen
14.3.11 Mitsui
14.3.12 Hitachi
14.3.13 Anest Iwata
14.3.14 Nanjing