Global Oil Free Air Compressor Market Size - Analysis
Oil free air compressors use technologies such as dynamic, centrifugal compression and do not require lubricating oil to compress air. They provide 100% clean, oil-free air for critical applications across industries. The advantages of oil-free air compressors include lower maintenance costs, eco-friendly operation and suitability for food, pharmaceutical and healthcare applications. The key drivers of the market include rising energy efficiency regulations, growing adoption of green buildings and increasing demand from end-use industries such as food & beverage, pharmaceuticals and power generation.
- Increasing adoption in critical applications: Oil free air compressors are witnessing increasing adoption in critical applications where contamination-free compressed air is essential. Industries such as pharmaceuticals, food and beverage, healthcare, and electronics require high quality compressed air without any traces of oil for their manufacturing processes. For instance, in pharmaceutical manufacturing, oil lubricated compressors can lead to product contamination. Similarly, the food and beverage industry relies on oil-free compressed air for packaging applications. The growing production volumes and stringent regulatory standards in these industries is, therefore, driving the adoption of oil-free compressors. Moreover, the rapid growth of the electronics industry and critical electronics manufacturing such as semiconductor fabrication provides significant opportunities for oil-free compressor vendors.
- Advantages over conventional compressors: Oil free compressors offer various advantages over conventional lubricated compressors that is propelling their utilization across industries. Oil free compressors require less maintenance because there is no oil to change or associated filters to clean. Their life span is higher due to reduced wear and tear. Oil free compressed air also eliminates any risk of product contamination and reduces the safety risks associated with oil fumes and leaks. Oil free compressors have lower noise levels and vibration. Furthermore, they can operate efficiently in harsh environments and offer steady performance even at varying demand cycles. The lower operational costs and higher reliability offered by oil-free compressors is thus driving their adoption.
- Focus on improving energy efficiency: There is an increased focus on improving energy efficiency and reducing the carbon footprint of manufacturing operations across industries. This is encouraging end users to transition from conventional lubricated compressors to advanced oil free compressors that offer higher energy efficiency. Regulatory authorities are also mandating the use of energy efficient equipment. Oil free screw and centrifugal compressors utilize technologies such as variable frequency drives (VFD), permanent magnet motors and advanced system controls to deliver up to 35% more energy savings compared to conventional compressors. The emphasis on sustainable manufacturing is therefore fueling the utilization of energy efficient oil free air
- Rapid industrialization in emerging economies: Rapid industrialization and steady economic growth across emerging economies such as China, India, Indonesia, Brazil, etc. is driving substantial demand for oil free air compressors. Industries such as oil and gas, energy, chemicals, food processing, pharmaceuticals, water treatment, electronics, etc. are expanding significantly in these countries. There is high demand for reliable, premium quality and energy efficient oil free air compressors from process industries in these regions. Local and international compressor vendors are increasing their production capacities, manufacturing facilities and distribution networks in emerging economies to cater to the high demand, thereby driving market growth.
Market Size in USD Bn
CAGR7.5%
| Study Period | 2023 - 2030 |
| Base Year of Estimation | 2022 |
| CAGR | 7.5% |
| Fastest Growing Market | Asia Pacific |
| Larget Market | North America |
| Market Concentration | High |
| Major Players | Fushen, Kobelco, General Electric, Aerzen, Atlas Copco and Among Others |
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Global Oil Free Air Compressor Market Trends
- Product innovations for energy efficiency: Oil free air compressor vendors are focusing on product innovations to enhance energy efficiency, lower operational costs and reduce emissions. Key trends include the incorporation of high efficiency motors such as PMAC and IE4 efficiency class motors, optimization of airend design, advanced system controllers, hybrid drives, heat recovery integration, etc. Atlas Copco’s ZR oil-free centrifugal compressors feature built-in heat recovery and PMAC IE5 or equivalent efficiency motors with PACE technology. such product innovations that improve efficiency are defining technology trends in the oil free compressors market.
- Development of compressors specifically for wastewater treatment applications: Manufacturers are developing specialized oil free compressors designed to withstand the humid, saline and corrosive environments prevalent in wastewater treatment plants. Ingersoll Rand has introduced its R-Series 90-160 kW centrifugal compressors built with coating protection and stainless steel components optimized for wastewater aeration systems with minimum downtime. Such compressors will witness increased demand as governments increase investments in water infrastructure and enhancing wastewater treatment capacities.
- Strategic collaborations and acquisitions: The oil free air compressor market is witnessing a rising number of collaborations, partnerships and acquisitions between manufacturers, distributors and technology providers. Atlas Copco recently acquired Airflow Compressors and Pneumatics to strengthen its Irish presence. Ingersoll Rand partnered with Trane Technologies to develop sustainable climate systems. Such strategic moves allow companies to expand their distribution networks, enter new markets, enhance service capabilities and access innovative technologies. This trend will continue as established vendors and new entrants aim to increase market shares.
- Launch of compressors specifically for railways: Major manufacturers are introducing oil free compressors designed for railway applications as train networks expand globally. Railways require compressors that can handle demanding environmental conditions. Atlas Copco has unveiled its GHS VSD+ range of compressors which are compact, have extremely low noise levels and are suitable for train maintenance applications. Sullair launched compressors purpose-built for train brake systems. Demand for such specialized compressors will be driven by the need for compressed air of the highest quality for railway operations.
Global Oil Free Air Compressor Market Regional Insights:
- North America: North America is expected to be the largest market for Oil Free Air Compressor Market during the forecast period, accounting for over 38.5% of the market share in 2022. The growth of the market in North America is attributed to increasing manufacturing activity, stringent regulations regarding emissions and the presence of major manufacturers in the region.
- Europe: The Europe market is expected to be the second-largest market for Oil Free Air Compressor Market, accounting for over 28.7% of the market share in 2022. The growth of the market in is attributed to high demand from the food & beverage and pharmaceutical industries and the introduction of supportive government regulations in the region.
- Asia-Pacific: The Asia Pacific market is expected to be the fastest-growing market for Oil Free Air Compressor Market, with a CAGR of over 7.8% during the forecast period. The growth of the market in Asia Pacific is attributed to rapid industrialization, growing food & beverage production and increasing adoption across industries such as oil & gas, power generation, etc.
Figure 1. Global Oil Free Air Compressor Market Share (%), By Region, 2023
Competitive overview of Global Oil Free Air Compressor Market
Major Players operating in the Global Oil Free Air Compressor Market Fusheng, Kobelco, General Electric, Aerzen, Atlas Copco, Sullair, Mitsui, Hitachi, Anest Iwata, Nanjing Compressor, Boge, Fusheng, Shenyang Yuanda Compressor, Johnson Controls, Oasis Manufacturing, Elgi, KAESER, Gardner Denver, Ingersoll Rand.
Global Oil Free Air Compressor Market Leaders
- Fushen
- Kobelco
- General Electric
- Aerzen
- Atlas Copco
Global Oil Free Air Compressor Market - Competitive Rivalry
Global Oil Free Air Compressor Market
(Dominated by major players)
(Highly competitive with lots of players.)
Recent Developments in Global Oil Free Air Compressor Market
The oil-free air compressor market refers to the market for air compressors that operate without the use of oil for lubrication, thus providing clean, oil-free air. These compressors are widely used in industries where air quality is critical such as food and beverage, electronics, pharmaceuticals, and healthcare.The global oil-free air compressor market has been experiencing significant growth over the past few years.
The growth of the oil-free air compressor market is driven by several factors. Firstly, the increasing demand for oil-free air in various industries due to its benefits such as reduced contamination risk and lower maintenance costs. Secondly, the growing environmental concerns and stringent regulations regarding air quality are also contributing to the market growth.
The market is also witnessing technological advancements such as the development of energy-efficient oil-free air compressors, which is expected to further drive the market growth.
- In November 2021, Hitachi announced the launch of its oil-free centrifugal chillers compliant with ASHRAE regulations to meet sustainability goals.
- In April 2022, Kaeser Compressors introduced its DSDX 175-500 series of ultra-quiet direct drive rotary screw compressors for optimum reliability and energy efficiency.
Global Oil Free Air Compressor Market Segmentation
- By Type
- Oil-free Rotary Screw Compressors
- Oil-free Reciprocating Compressors
- Oil-free Centrifugal Compressors
- Others
- By End-use Industry
- Power Generation
- Food & Beverage
- Pharmaceuticals
- Home Appliances
- Textile
- Oil & Gas
- Others
- By Power Rating
- 0-50 HP
- 51-250 HP
- 251-500 HP
- Above 500 HP
- By Pressure
- 0-20 Bar
- 21-100 Bar
- 101-350 Bar
- Above 350 Bar
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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Ramprasad Bhute is a Senior Research Consultant with over 6 years of experience in market research and business consulting. He manages consulting and market research projects centered on go-to-market strategy, opportunity analysis, competitive landscape, and market size estimation and forecasting. He also advises clients on identifying and targeting absolute opportunities to penetrate untapped markets.
Frequently Asked Questions :
How big is Oil Free Air Compressor Market?
The Oil Free Air Compressor market size is expected to be valued at US$ 20 Bn in 2023.
What are the key factors hampering growth of the Market?
Availability of refurbished alternatives, Preference for lubricated compressors in non-critical applications, High initial and operating costs
What are the major factors driving the market growth?
Rapid industrialization in emerging economies, Increasing adoption in critical applications Advantages over conventional compressors, Focus on improving energy efficiency
Which is the leading component segment in the Market?
The 0-20 Bar segment accounted for the largest share in 2022.
Which are the major players operating in the Market?
Fusheng, Kobelco, General Electric, Aerzen, Atlas Copco, Sullair, Mitsui, Hitachi, Anest Iwata, Nanjing Compressor, Boge, Fusheng, Shenyang Yuanda Compressor, Johnson Controls, Oasis Manufacturing, Elgi, KAESER, Gardner Denver, Ingersoll Rand
What will be the CAGR of Market?
The CAGR of Market is expected to be 7.5% from 2023-2030.