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Oil Free Air Compressor Market Size & Share, 2025 | Industry Report

Oil Free Air Compressor Market Analysis Report By Product, By Technology, By Power Rating, By Application And Segment Forecasts From 2019 To 2025

Report ID: MN17615652  |  Published: August 2020  |  No of Pages: 132
Format: Electronic (PDF)  |  Industry: HVAC (Heating, Ventilation, & Air Conditioning)  |  Publisher: Grand View Research

Industry Insights

The global oil free air compressor market size was accounted for USD 11.24 billion, in 2018. It is anticipated to grow at a CAGR of 4.8% over the forecast period, 2019 to 2025. Increasing demand for oil-free air compressors in air quality managing applications is boosting the market growth. Air compressors provide high reliability and improved operational efficiency. These benefits are proliferating the need for air compressors in industry applications and thus driving the market.

Asia Pacific oil free air compressor market

These air compressors are widely used across energy, manufacturing, oil & gas, food and beverage, and home appliance sector. In addition, growing environmental awareness regarding air quality is projected to increase the demand for oil-free air compressor in the next few years.

Furthermore, rising prominence on energy recovery, CO2 emission is projected to foster market growth. Additionally, the increasing need for value-added service in product installation is expected to gain traction in the forecast period. Growing raw material costs may restrain market growth.

Steel, copper, and aluminum are used for manufacturing air compressors. The demand for raw material is rising owing to increasing product demand.

Product Insights

The market fragmented into portable and stationary depending on the product. In 2018, the portable product segment dominated the market with the highest market share in the overall market. Benefits such as low operation noise, high quality, high speed, and low maintenance cost are contributing to market growth.

Stationary product segment is projected to expand at a substantial CAGR during the forecast period. Supportive government regulation concerning energy conservation is expected to positively impact market growth. This product provides larger tank size capacity and are effective in carrying high air-compression levels thus is widely used in construction, and oils, gas industries.

Power Rating Insights

In 2018, 2 to 55 kW power rating category segment led the market with the highest share of over 50.0% in the global market. It is estimated to grow at the fastest CAGR during the forecast period. Centrifugal and rotary compressor uses this power rating which is supporting the market growth.

In addition, favorable government policies regarding reducing undesirable gases emission is expected to bolster the market growth. Moreover, rising demand for improved reliability and energy efficient products is augmenting the growth of air compressors.

Technology Insights

Based on technology, the market is fragmented into rotary/screw, reciprocating, and Centrifugal. Rotary/screw type segment is anticipated to register the CAGR of over 4.0% during the forecasted period. Increasing demand for the product due to growing industrial application is projected to proliferate the market growth. Centrifugal type segment is expected to grow at a significant rate from, 2019 to 2025. Centrifugal based products are widely used in refining, oil & gas, and automobile industries. This technology also provides advantages like reduced payback period which is projected to boost market growth.

Application Insights

In 2018, manufacturing sector held the largest market share of 30.0% in the overall market. It is projected to expand at a CAGR of over 4.0%during the forecasted period. Portable compressors are highly used in manufacturing industry. In steel manufacturing air is blown inside furnace and is used for heating & cooling steel. These air compressors are also used in home appliances, and semiconductor manufacturing.

Global oil free air compressor market

Air compressors are lightweight and are capable of producing same pressure and are flow when compared to oil lubricant equipment. Thus, these products are utilized at healthcare, and food, beverage industries for clean air applications.

Regional Insights

Asia Pacific is projected to grow at the fastest CAGR during the forecasted period due to rising industrial & manufacturing activities across the region. The Middle East and Latin America are estimated to grow at a significant rate from 2019 to 2025. Growing population along with the rising need for power generation is fueling the market growth.

Developing countries such as UAE, Qatar, Kuwait are projected to offer ample growth opportunities owing to rising downstream activities. Saturation of end-use verticals across Europe and North America is expected to adversely impact market growth.

Impact of COVID-19

Communal spread of COVID-19 has drastically affected the oil free air compressors market. International travel ban, further the lockdown situation has hampered the production of air compressors, and disrupted supply chain in manufacturing process.

Product innovation is expected to play a vital role in post-pandemic market. For instance, Ingersoll Rand, the air compressor manufacturer offer screw compressors that are used in medical operations, and other pharmaceutical applications. Compressed air is necessary for oxidation, fermentation process in medical sector. Thus, the market is projected to grow steadily over the next few years.

Oil Free Air Compressor Market Share Insights

Leading players in the market include, General Electric, Gardner Denver, Atlas Copco, Ingersoll Rand PLC, Sullair LLC, among others. Key players in the industry accounts for majority of the market share. Key participants focus on strategic acquisitions, partnerships to increase their product offering. For instance, in 2017, Ingersoll Rand has acquired MB Air System Limited to expand their supply & service capabilities.

Report Scope



Market size value in 2020

USD 12,268.37million

Revenue forecast in 2025

USD 15,565.58million

Growth Rate

CAGR of 4.8% from 2019 to 2025

Base year for estimation


Actual estimates/Historical data

2014 - 2017

Forecast period

2019 - 2025

Quantitative Units

Revenue in USD Million, & CAGR from 2019 to 2025

Report coverage             

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

Segments covered

Product, technology, power rating, application, region

Regional scope

North America, Europe, Asia Pacific, South America, and Middle East & Africa.

Country scope

U.S., Canada, U.K., Germany, France, Italy, Spain, Russia, China, Japan, India, South Korea, Singapore, Australia, Brazil, Mexico, Argentina, South Africa, and UAE.

Key companies profiled

Atlas Copco; FS Elliot Co.; LLC; Hanwha Techwin; Ingersoll Rand Plc; Sullair LLC; Sundyne; Gardner Denver; Inc.; KaeserKompressoren SE; Doosan Portable Power; and Sullivan-Palatek; Inc.

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Segments Covered in the Report

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

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

• Technology Outlook (Revenue, USD Million, 2014 - 2025)
    • Reciprocating
    • Rotary/Screw
    • Centrifugal

• Power Rating Outlook (Revenue, USD Million, 2014 - 2025)
    • 2kW to 55kW
    • More than 55kW

• Application Outlook (Revenue, USD Million, 2014 - 2025)
    • Manufacturing
    • Semiconductor & Electronics
    • Food & Beverage
    • Healthcare
    • Home Appliances
    • Energy
    • Oil & Gas
    • Others

• Regional Outlook (Revenue, USD Billion, 2014 - 2025)
    • North America
        • U.S.
        • Canada
    • Europe
        • U.K.
        • Germany
        • France
        • Italy
        • Spain
        • Russia
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Singapore
        • Australia
    • Latin America
        • Brazil
        • Mexico
        • Argentina
    • Middle East & Africa (MEA)
        • South Africa
        • UAE

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