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 terms of type, the below 50 HP segment is expected to dominate the global oil free compressor market during the forecast period. This can be attributed to its low cost and easy installation.
Product Definition:
An oil-free compressor is a type of compressor that does not use lubricating oil to cool and protect its internal moving parts.
Below 50 HP:
Below 50 HP oil free compressors are used in a wide range of applications including wellhead equipment, offshore drilling platforms, and production storage tanks. The growth factor for below 50 HP oil free compressors is estimated to be around 4% by 2022.
The global demand for low cost energy has increased over the past few years owing to growing industrialization and urbanization which has led to an increase in energy consumption across the world.
50-100 HP:
50-100 HP is the range of Compressor’s output power. It is used to measure the capacity to transmit energy from one place to another using centrifugal and axial flow. Centrifugal compressor has a high power rating than axial flow because it can handle higher flows of gas by spinning at a faster rate.
The oil free compressors are gaining importance in offshore locations where there are heavy gas flows.
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 an average consumer¢â‚¬â„¢s expenditure goes towards purchasing convenience foods such as frozen meals and ready-to-eat snacks. Rising disposable income levels coupled with increasing consumption of processed food is expected to drive the industry over the forecast period.
Electronics was another prominent segment accounting for a share of 15% in 2017 owing to high product usage across several applications including medical equipment manufacturing plants.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a surge in industrialization, especially in China and India, which has led to an increase in product demand from various industries including food & beverage, electronics, pharmaceuticals and others.
The Asia Pacific regional market is also anticipated to witness significant growth over the forecast period owing to rapid development of manufacturing facilities by multinational companies such as IBM Corporation; Siemens AG; Samsung Group; LG Electronics Inc.; Panasonic Corporation; Sony Corporation; Volkswagen Group etc. In addition, rising government initiatives for infrastructure development are likely to boost industry expansion across countries such as China and India thereby driving the overall growth of oil free compressors globally.
Europe accounted for a significant share of revenue generated by global oil free compressor market due high consumption levels coupled with growing application sectors across countries such as Germany, France Italy Russia Spain U.K.
Growth Factors:
- Increasing demand for oil free compressors in various industries such as automotive, food and beverage, pharmaceuticals, and others
- Rising awareness about the benefits of using oil free compressors over traditional ones
- Technological advancements in the design and manufacturing of oil free compressors
- Growing demand for compressed air from end-use applications such as packaging, metal fabrication, HVAC systems etc.
- Stringent environmental regulations to promote use of energy efficient equipment
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
By Application
Food & Beverage, Electronics, Pharmaceuticals, Oil & Gas, Others
By Companies
Atlas Copco, Ingersoll Rand, Sullair, KAESER, Gardner Denver, Fusheng, Kobelco, General Electric, Aerzen, Mitsui, Hitachi, Anest Iwata, Nanjing Compressor
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
238
Number of Tables & Figures
167
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
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
- General Electric
- Aerzen
- Mitsui
- Hitachi
- Anest Iwata
- Nanjing Compressor
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
- 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
- Identifying Appropriate Advertising Appeals
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?
Oil free compressor is a type of compressor that does not use oil to operate. This type of compressor is often used in industrial and commercial settings where environmental concerns are important.
Some of the major players in the oil free compressor market are Atlas Copco, Ingersoll Rand, Sullair, KAESER, Gardner Denver, Fusheng, Kobelco, General Electric, Aerzen, Mitsui, Hitachi, Anest Iwata, Nanjing Compressor.
The oil free compressor market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Oil Free Compressor Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Oil Free Compressor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Oil Free Compressor Market - Supply Chain
4.5. Global Oil Free Compressor Market Forecast
4.5.1. Oil Free Compressor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Oil Free Compressor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Oil Free Compressor Market Absolute $ Opportunity
5. Global Oil Free Compressor Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Oil Free Compressor Market Size and Volume Forecast by Type
5.3.1. Below 50 HP
5.3.2. 50-100 HP
5.3.3. Above 100
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Oil Free Compressor Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Oil Free Compressor Market Size and Volume Forecast by Application
6.3.1. Food & Beverage
6.3.2. Electronics
6.3.3. Pharmaceuticals
6.3.4. Oil & Gas
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Oil Free Compressor Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Oil Free Compressor Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Oil Free Compressor Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Oil Free Compressor Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Oil Free Compressor Demand Share Forecast, 2019-2026
9. North America Oil Free Compressor Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Oil Free Compressor Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Oil Free Compressor Market Size and Volume Forecast by Application
9.4.1. Food & Beverage
9.4.2. Electronics
9.4.3. Pharmaceuticals
9.4.4. Oil & Gas
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Oil Free Compressor Market Size and Volume Forecast by Type
9.7.1. Below 50 HP
9.7.2. 50-100 HP
9.7.3. Above 100
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Oil Free Compressor Demand Share Forecast, 2019-2026
10. Latin America Oil Free Compressor Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Oil Free Compressor Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Oil Free Compressor Market Size and Volume Forecast by Application
10.4.1. Food & Beverage
10.4.2. Electronics
10.4.3. Pharmaceuticals
10.4.4. Oil & Gas
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Oil Free Compressor Market Size and Volume Forecast by Type
10.7.1. Below 50 HP
10.7.2. 50-100 HP
10.7.3. Above 100
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Oil Free Compressor Demand Share Forecast, 2019-2026
11. Europe Oil Free Compressor Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Oil Free Compressor Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Oil Free Compressor Market Size and Volume Forecast by Application
11.4.1. Food & Beverage
11.4.2. Electronics
11.4.3. Pharmaceuticals
11.4.4. Oil & Gas
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Oil Free Compressor Market Size and Volume Forecast by Type
11.7.1. Below 50 HP
11.7.2. 50-100 HP
11.7.3. Above 100
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Oil Free Compressor Demand Share, 2019-2026
12. Asia Pacific Oil Free Compressor Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Oil Free Compressor Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Oil Free Compressor Market Size and Volume Forecast by Application
12.4.1. Food & Beverage
12.4.2. Electronics
12.4.3. Pharmaceuticals
12.4.4. Oil & Gas
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Oil Free Compressor Market Size and Volume Forecast by Type
12.7.1. Below 50 HP
12.7.2. 50-100 HP
12.7.3. Above 100
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Oil Free Compressor Demand Share, 2019-2026
13. Middle East & Africa Oil Free Compressor Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Oil Free Compressor Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Oil Free Compressor Market Size and Volume Forecast by Application
13.4.1. Food & Beverage
13.4.2. Electronics
13.4.3. Pharmaceuticals
13.4.4. Oil & Gas
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Oil Free Compressor Market Size and Volume Forecast by Type
13.7.1. Below 50 HP
13.7.2. 50-100 HP
13.7.3. Above 100
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Oil Free Compressor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Oil Free Compressor Market: Market Share Analysis
14.2. Oil Free Compressor Distributors and Customers
14.3. Oil Free Compressor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Atlas Copco
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ingersoll Rand
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sullair
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. KAESER
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Gardner Denver
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fusheng
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kobelco
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. General Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Aerzen
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mitsui
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hitachi
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Anest Iwata
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Nanjing Compressor
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
