Market revenue in 2023 | USD 3,808.8 million |
Market revenue in 2030 | USD 5,111.4 million |
Growth rate | 4.3% (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 |
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 55.76% in 2024. Horizon Databook has segmented the Europe oil free air compressor market based on portable, stationary covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for oil free air compressors in Europe has been increasing in recent years due to various factors such as environmental concerns, health and safety regulations, and the need for higher quality compressed air across industries such as food and beverage, pharmaceuticals, and electronics.
As a result, many industries in Europe are switching to oil free air compressors to meet their compressed air needs while also addressing environmental and safety concerns. Some of the leading manufacturers of oil free air compressors in Europe include Atlas Copco AB, Ingersoll Rand, and Kaeser Kompressoren AG.
For instance, in February 2022, M.R. Organisation, a provider of compressor equipment, accessories, and parts, announced the acquisition of Standard Air Limited, an air compressor component manufacturer based in the UK.
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