Global Oil Free Air Compressor Market Size & Outlook
Global oil free air compressor market, 2021-2033 (US$M)
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Global oil free air compressor market highlights
- The global oil free air compressor market generated a revenue of USD 12,358.6 million in 2023 and is expected to reach USD 17,278.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.9% by 2030.
- In terms of segment, stationary accounted for a revenue of USD 7,121.4 million in 2023.
- Portable is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 12,358.6 million |
| Market revenue in 2030 | USD 17,278.2 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | Stationary |
| Fastest growing segment | Portable |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Portable, Stationary |
Other key industry trends
- In terms of revenue, the North America accounted for 23.4% of the global oil free air compressor market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 357.1 million by 2030.
Stationary was the largest segment with a revenue share of 57.62% in 2025. Horizon Databook has segmented the Global oil free air compressor market based on portable, stationary covering the revenue growth of each sub-segment from 2021 to 2033.
Oil free air compressors are used in power generation, petroleum, chemicals, and manufacturing industries in a number of applications. As these industries have adopted cost-effective manufacturing techniques to overcome the drawbacks of traditional production methods, the demand for energy efficient compressors from them is high owing to improved energy distribution and cost-effectiveness offered by these compressors.
Moreover, governments of different countries across the world have introduced stringent environmental regulations, it has further increased the demand for energy-efficient oil free air compressors used in different industries.
End users prefer replacing their on-and-off control compressors with variable-speed drive (VSD)-based control systems, which ensure the required flow and keep the pressure in pipes stable for energy-efficient air compression. Variable-speed drive-based oil free air compressors also help in leakage detection and reduce compressor motor service requirements by extending the service cycle of these motors.
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Oil Free Air Compressor Market Scope
Oil Free Air Compressor Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Kaeser Kompressoren | View profile | 5001-10000 | Coburg, Bayern, Germany, Europe | http://www.kaeser.com/ |
| Atlas Copco AB Class A | View profile | 53728 | Sickla Industrivag 19, Nacka, Stockholm, Sweden, SE-105 23 | https://www.atlascopcogroup.com |
| Ingersoll Rand Inc | View profile | 18000 | 525 Harbour Place Drive, Suite 600, Davidson, NC, United States, 28036 | https://www.irco.com |
| Hanwha | View profile | 5001-10000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.hanwhacorp.co.kr/eng/index.jsp |
| Anest Iwata | View profile | 1001-5000 | Yokohama, Kanagawa, Japan, Asia | https://www.anest-iwata.co.jp/ |
| Doosan Fuel Cell Ordinary Shares | View profile | 466 | 275 Jangchungdan-ro, 17th Floor, Doosan Tower, Jung-gu, Seoul, Korea, Republic of | http://www.doosanfuelcell.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
Global oil free air compressor market size, by regions, 2021-2033 (US$M)
Top 10 countries: Oil free air compressor market size, 2025 (US$M)
Global oil free air compressor market share, by application, 2025 & 2033 (%, US$M)
Oil free air compressor market: Opportunity assessment by country
Global oil free air compressor market, by region, 2025 (US$M)
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