Argentina Oil Free Air Compressor Market Size & Outlook
Argentina oil free air compressor market, 2018-2030 (US$M)
Related Markets
Argentina oil free air compressor market highlights
- The Argentina oil free air compressor market generated a revenue of USD 47.6 million in 2023 and is expected to reach USD 65.9 million by 2030.
- The Argentina market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, stationary was the largest revenue generating product in 2023.
- Portable is the most lucrative product segment registering the fastest growth during the forecast period.
Oil free air compressor market data book summary
| 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 |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.4% of the global oil free air compressor market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil oil free air compressor market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 65.9 million by 2030.
Stationary was the largest segment with a revenue share of 54.83% in 2024. 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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Oil Free Air Compressor Market Scope
Oil Free Air Compressor Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina oil free air compressor market size, by product, 2018-2030 (US$M)
Argentina Oil Free Air Compressor Market Outlook Share, 2024 & 2030 (US$M)
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