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Oil-free Air Compressor Market Estimation, Global Share, Industry Outlook, Price Trend, Growth Opportunity and Top Regional Forecast

Oil-free Air Compressor Market Size By Product, By Technology, By Application, COVID-19 Impact Analysis, Regional Outlook, Application Growth Potential, Price Trends, Competitive Landscape & Forecast


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Vikram Singh Mehta

2 years ago | 2 min read

The oil-free air compressor market is projected to witness significant growth by 2027 owing to surging awareness of the benefits of these compressors, including lower maintenance and energy costs, lesser chances of product contamination, and mitigated environmental footprint.

It can be challenging to keep the air clean in oil-run compressors,
resulting in elevated costs for the equipment's upkeep. To address this
concern, companies are opting for oil-free air companies for their
operations as they promote cost savings, which has favorably impacted
industry expansion worldwide.

Notably, the COVID-19 outbreak massively burdened the healthcare
infrastructure, especially due to the rocketing demand for medical
compressed air in hospitals. Increased dependence on ventilators in
healthcare settings, in particular, has played a crucial role in product
adoption, thereby fueling market demand across the globe.

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Moreover, industry players have been focusing on product development
to improve their market standing, which has positively influenced
product outlook across key regions. For instance, in July 2021,
FS-Curtis, a key supplier of oil-free air compressors in the North
American region, launched its new line of compressors under the
ECO-Turbo Series.

The advanced, oil-free, Class O compressor runs on an FS-Elliott
engineered airend that makes it one of the most powerful compressors
available in the market. The series offers a 185-250 kW drive power
range with a final compression pressure of 125 psi and is suitable for
wide-ranging applications across diverse industries that need 100%
oil-free compressed air.

For comprehensive assessment, the oil-free air compressor market has
been segmented on the basis of product, technology, application, and
region. In terms of application, the market has been divided into home
appliances, semiconductor & electronics, manufacturing, food &
beverage, healthcare, and others.

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The oil-free air compressor market from the manufacturing application
segment is estimated to grow at over 2.5% CAGR through the analysis
period to reach a considerable valuation by the end of 2027. Most
manufacturing companies use oil-free air compressors as a source of
compressed air in production and plant processes, which is set to fuel
segmental adoption in the future. Moreover, oil contamination in
compressed air may lead to expensive maintenance costs and production
shutdowns, which is likely to further contribute to the growing
popularity of oil-free air compressors in manufacturing processes in the
coming years.

From the regional perspective, the Latin America oil-free air
compressor market holds a notable valuation and is calculated to
progress at a steady pace over 2021-2027. In 2020, Brazil accounted for
more than 60% of the regional market revenue and is a key consumer of
the product across Latin America. Increasing government support to aid
the expansion of the healthcare sector and rising investment from
leading manufacturing and construction companies are speculated to
bolster market penetration in the region over the forecast timeline.





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