Australia Oil Free Air Compressor Market Size & Outlook
Australia oil free air compressor market, 2018-2030 (US$M)
Related Markets
Australia oil free air compressor market highlights
- The Australia oil free air compressor market generated a revenue of USD 103.2 million in 2023 and is expected to reach USD 147.4 million by 2030.
- The Australia market is expected to grow at a CAGR of 5.2% 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 103.2 million |
| Market revenue in 2030 | USD 147.4 million |
| Growth rate | 5.2% (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, Australia accounted for 0.8% 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 Asia Pacific, China oil free air compressor market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,029.4 million by 2030.
Stationary was the largest segment with a revenue share of 75.97% in 2024. Horizon Databook has segmented the Australia oil free air compressor market based on portable, stationary covering the revenue growth of each sub-segment from 2018 to 2030.
In Australia, industries such as food and beverage, pharmaceuticals, healthcare, and electronics, which require clean and oil free compressed air for their critical processes, are driving the demand for oil free air compressors in Australia.
Compressors with advanced technologies that offer improved performance, reliability, and durability are gaining popularity in the market. Safety and compliance considerations are important in the workplace in Australia.
Oil free air compressors are preferred where air quality is critical to maintain a safe and healthy working environment for employees. These advancements offer better performance, increased reliability, and reduced maintenance requirements, which are attractive to businesses looking to optimize their operations.
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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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Australia oil free air compressor market size, by product, 2018-2030 (US$M)
Australia Oil Free Air Compressor Market Outlook Share, 2024 & 2030 (US$M)
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