Oil Free Air Compressor Market In-depth Analysis by Types, Application and Manufacturers till 2025
The global Oil Free Air Compressors Market is estimated to attain USD 15.56 billion, by the end of 2025, and is anticipated to grow at the CAGR of 4.8% from 2019 to 2025, according to a new report by Million Insights. Several key benefits such as reduced maintenance cost, easy retrofitting of the old/existing system, variable-speed capabilities are projected to surge the market growth. The air compressors are widely used across chemical, petroleum, manufacturing among other industries. Moreover, the rising shift from traditional manufacturing methods to economical techniques is gaining traction among industries. These products also provide optimal energy efficiency management.
The global Oil Free Air Compressors Market is estimated to attain USD 15.56 billion, by the end of 2025, and is anticipated to grow at the CAGR of 4.8% from 2019 to 2025, according to a new report by Million Insights. Several key benefits such as reduced maintenance cost, easy retrofitting of the old/existing system, variable-speed capabilities are projected to surge the market growth. The air compressors are widely used across chemical, petroleum, manufacturing among other industries. Moreover, the rising shift from traditional manufacturing methods to economical techniques is gaining traction among industries. These products also provide optimal energy efficiency management.
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Oil Free Air Compressor Market In-depth
Analysis by Types, Application and
Manufacturers till 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.”
The global Oil Free Air Compressors Market is estimated to attain USD 15.56 billion, by the end of 2025, and is
anticipated to grow at the CAGR of 4.8% from 2019 to 2025, according to a new report by Million Insights. Several
key benefits such as reduced maintenance cost, easy retrofitting of the old/existing system, variable-speed
capabilities are projected to surge the market growth. The air compressors are widely used across chemical,
petroleum, manufacturing among other industries. Moreover, the rising shift from traditional manufacturing
methods to economical techniques is gaining traction among industries. These products also provide optimal energy
efficiency management.
In addition, supportive government initiatives regarding energy conservation are expected to augment the market
growth. For example, the Chinese government have set stiff regulations concerning environmental fortification,
which has escalated the growth of energy-efficient product. Oil-free compressors offer enhanced performance and
greater reliability. These products are utilized in mining and construction activities. Furthermore, these air
compressors provide higher transport mobility which is boosting the product demand from the oil and gas sector. In
addition, the inclusion of lesser degradable elements is projected to fuel the market growth.
Browse Full Research Report @
https://www.millioninsights.com/industry-reports/oil-free-air-compressors-market
Key manufacturers in the market are General Electric, Gardner Denver, Atlas Copco, Ingersoll Rand PLC, Bauer
Group, and Sullair LLC. These players focus on developing innovative and eco-friendly compressors.
Further key findings from the report suggest:
• In 2018, portable type compressors segment dominated the global market with largest market share.
• Based on technology, centrifugal type segment is anticipated to grow at the fastest CAGR during the forecasted
period.
• Depending on power rating, 2kW to 55 kW power category is expected to contribute highest share in the oil free
air compressor market.
• In 2018, manufacturing application segment accounted for share over 30.0% in the global market. Home
appliances application segment is projected to grow at fastest rate owing to increasing power generation needs.
• Asia Pacific is anticipated to expand at highest CAGR from 2019 to 2025.
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Million Insights has segmented the global oil free air compressors market based on product, technology, power
rating, application, and region:
Oil Free Air Compressors Product Outlook (Revenue, USD Billion, 2014 - 2025)
• Stationary
• Portable
Oil Free Air Compressors Technology Outlook (Revenue, USD Million, 2014 - 2025)
• Reciprocating
• Rotary/Screw
• Centrifugal
Oil Free Air Compressors Power Rating Outlook (Revenue, USD Million, 2014 - 2025)
• 2kW to 55 kW
• More than 55 kW
Oil Free Air Compressors Application Outlook (Revenue, USD Million, 2014 - 2025)
• Manufacturing
• Semiconductor & Electronics
• Food & Beverage
• Healthcare
• Home Appliances
• Energy
• Oil & Gas
• Others
Oil Free Air Compressors Regional Outlook (Revenue, USD Million, 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
• South Africa
• UAE
See More Reports of This Category by Million Insights @
https://www.millioninsights.com/industry/hvac
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