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Oil-free Air Compressor Market Size By Product (Stationary, Portable), By Technology (Centrifugal, Rotary, Reciprocating), By Application (Food & Beverage, Home Appliances, Semiconductor & Electronics, Healthcare, Manufacturing), COVID-19 Impact Analysis, Regional Outlook, Application Growth Potential, Price Trends, Competitive Landscape & Forecast, 2021 – 2027

  • Report ID: GMI460
  • Published Date: Jul 2021
  • Report Format: PDF

Industry Trends

Oil-free Air Compressor Market size valued at USD 16 billion in 2020 and is estimated to exhibit around 3.3% CAGR from 2021 to 2027. The global shipments are expected to cross 87,291.9 thousand units by 2027.

The demand for oil-free air compressors has been picking up on account of a rising preference for compact, portable, and energy-efficient mechanisms. Moreover, these compressors consume comparatively less energy, which leads to cost-effectiveness and lower levels of carbon emission during the product life cycle.

Oil-free Air Compressor Market

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Low output and shorter product life cycle are the key deterrents to oil-free air compressor industry demand. The average life of these products is around 200 hours, however, technical upgrades in the new high-end compressors help to achieve up to 2,000 hours of life.

However, the industry experienced a decline in 2020 due to the ongoing COVID-19 pandemic. Halted manufacturing operations, nationwide lockdowns, and trade restrictions significantly reduced the product demand. The industry is likely to rebound in the coming years and is anticipated to reach the pre-pandemic value by 2024.

Superior characteristics to bolster the demand for stationary compressors

The stationary oil-free air compressor market is poised to capture over 95% share by 2027 on account of extensive usage in manufacturing applications and industrial advancements in the emerging nations. Stationary oil-free air compressors deliver more power than portable ones, which allows them to find several applications in automobiles, air conditioning and refrigeration system, and other industries. Depending upon the usage, different sizes of compressors are employed by end-users. For instance, applications including refrigeration, air conditioning, and automobiles require small air compressors, whereas industries usually prefer medium to large size compressors.

Rotary oil-free air compressors to witness robust growth

OIl-free Air Compressor Market, By Technology

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Rotary compressors demand is expected to generate around USD 9 billion by 2027. High efficiency and low maintenance & installment costs are some of the key factors catalyzing the demand for rotary compressors. Moreover, technological advancements to develop highly productive and low energy consuming rotary compressors are paving the way for market expansion.

The rotary oil-free air compressor market is further bifurcated into scroll, screw, and other types, such as lobe, vane, etc. Rotary screw compressors will experience high demand during 2021 to 2027 owing to their reliability, low initial cost, ease of maintenance, low operating cost, and improved heat resistance.

Oil-free air compressors to gain significant traction from healthcare applications

In 2020, the healthcare sector accounted for over 50 million units demand as it employs these products for a wide range of applications. Some of the key use cases are supplying oxygen to patients, for autoclaves and sterilizing, in patient simulators, hospital headwalls, medical gas booms, chiropractic & physiotherapy tables, air or vacuum aspirators, adjusting hospital beds and seats, pumping of bandages, surgical instruments, etc.

The ageing population and prevalence of chronic diseases has led to an increase in the healthcare spending in many countries in the world. High growth in the healthcare sector and increasing number of healthcare facilities will augment the oil-free air compressors demand.

Prospering home appliances sector to propel North America market

Oil-free Air Compressor Market, By Region

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North America oil-free air compressor market size is set to observe growth rate of around 3% through 2027.  growing demand from home appliances industry is boosting the regional market revenue. For instance, the U.S. covers almost 7% of the global portion of refrigerator exports and ranks fourth in the global market. The food & beverages industry in the U.S is further stimulating the market growth impelled by a large figure of packaged food industries and refrigerated warehouses.

Leading participants banking on strategic initiatives to reinforce market position

Several manufacturers across various industry verticals, such as pharmaceuticals, food & beverages, and electronics, among others demand extremely effective compressors which can meet the high standards of clean air. Therefore, to capitalize on the industry requirements, major oil-free air compressor manufacturers have been adopting key initiatives, such as mergers, acquisitions, product launches, production capacity expansion, geographical expansion, and strategic partnerships. For instance, in 2018, ELGI Equipments Ltd., a key product manufacturer, unveiled its plan to launch a new range of oil-free screw-based air compressors to alleviate energy consumption and CO2 emissions. This is likely to bring out new customers for the company and improve the business profitability along the way.

Some of the major oil-free air compressor market participants include AireTex Compressors, Atlas Copco, Bauer Group, Boge Compressors, ELGI Equipments Ltd, Frank Technologies, MEDO U.S.A, Cook Compression, Hitachi Industrial Equipment Systems Co., Ltd., GE Energy, Gardner Denver, Kobelco, Kaeser Compressors, Ingersoll Rand, Sullair Corp, Rolair Systems, Oasis Manufacturing, Zen Air Tech Private Limited, Thomas Gardner Denver Inc., and Tamturbo Oy.

This market research report on oil-free air compressor includes in-depth coverage of the industry with estimates & forecast in terms of volume in Million Units and revenue in USD Million from 2017 to 2027 for the following segments:

Market, by Product

  • Stationary
  • Portable

Market, by Technology

  • Centrifugal
  • Rotary
    • Screw
    • Scroll
    • Others
  • Reciprocating

Market, by Application

  • Food & beverage
  • Home appliances
  • Semiconductor & electronics
  • Healthcare
    • Medical
    • Dental
    • Others
  • Manufacturing
  • Others

The above information has been provided on a regional and country basis for the following:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Indonesia
    • Malaysia
    • South Korea
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait


Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

Oil-free air compressor market size had exceeded USD 16 billion in 2020 and will record a CAGR of around 3.3% through 2027.

Stationary oil-free air compressor market will capture over 95% market share by 2027 on account of extensive product demand in manufacturing applications and industrial advancements.

Rotary compressors segment will record valuation of around USD 9 billion by 2027 owing to increased product demand driven by high efficiency, low maintenance and installment costs.

Healthcare segment had accounted for the installation of more than 50 million units in 2020 owing to high product usability for wide range of applications.

North American oil-free air compressor market will witness a CAGR of around 3% through 2027 with high product demand driven by the robust expansion of home appliances industry in the region.

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 21
  • Tables & Figures: 584
  • Countries covered: 21
  • Pages: 250

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