Market revenue in 2023 | USD 439.3 million |
Market revenue in 2030 | USD 618.0 million |
Growth rate | 5% (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 55.77% in 2023. Horizon Databook has segmented the France 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 compression products in the UK has been steadily increasing over the past few years, driven by several factors such as the need for high-quality air in various industrial and commercial applications, and the adoption of Industry 4.0.
In addition, the growth of e-commerce and online retail in the UK has led to an increase in demand for logistics and warehousing services, which in turn has increased the demand for oil free compressed air systems. Oil free compressors are often the preferred choice for these applications due to their reliability and low maintenance requirements.
Overall, the demand for oil free air compression in the UK is expected to grow over the forecast period, as businesses increasingly prioritize sustainability and energy efficiency, and as the requirements for high-quality compressed air continue to evolve.
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