Market revenue in 2023 | USD 47.6 million |
Market revenue in 2030 | USD 65.9 million |
Growth rate | 4.7% (CAGR from 2023 to 2030) |
Largest segment | Stationary |
Fastest growing segment | Portable |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Portable, Stationary |
Key market players worldwide | Atlas Copco AB Class A, Hanwha, Ingersoll Rand Inc, Kaeser Kompressoren, Doosan Fuel Cell Ordinary Shares, Hitachi Ltd, Anest Iwata |
Stationary was the largest segment with a revenue share of 54.83% in 2023. Horizon Databook has segmented the Argentina oil free air compressor market based on portable, stationary covering the revenue growth of each sub-segment from 2018 to 2030.
Oil free air compressors are increasingly becoming popular in Argentina as manufacturers and individuals look for ways to reduce energy consumption and save costs. With the rising awareness of the impact of greenhouse gas emissions on the environment, there is an increased focus on using energy-saving equipment across various sectors.
Recent trends in Argentina show that manufacturers and businesses are embracing energy-saving technologies to reduce their carbon footprint and improve their operational efficiency.
Several technological advancements have been made in the oil free air compressor market in Argentina, including the development of advanced control systems and the use of high-efficiency motors to minimize energy consumption.
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