Market revenue in 2023 | USD 630.2 million |
Market revenue in 2030 | USD 848.7 million |
Growth rate | 4.3% (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 54.73% in 2024. Horizon Databook has segmented the Canada 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 becoming increasingly popular in Canada due to their ability to produce clean, high-quality compressed air without the risk of oil contamination. This is particularly important in applications where the air supply needs to be free from oil and other contaminants, such as in food and beverage processing or medical facilities.
There is an increasing trend towards the adoption of oil free air compression technology, particularly in industries such as healthcare, pharmaceuticals, food and beverage, and electronics manufacturing owing to the need for higher levels of air purity, energy efficiency, and environmental sustainability.
Additionally, many oil free compressors are designed with recyclable materials and are built to last, reducing the need for frequent replacements and further reducing their environmental impact. Market players are significantly investing in various expansion activities to capitalize on the opportunities in the Canadian region.
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account