Germany Oil Free Air Compressor Market Size & Outlook
Germany oil free air compressor market, 2018-2030 (US$M)
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Germany oil free air compressor market highlights
- The Germany oil free air compressor market generated a revenue of USD 1,332.6 million in 2023 and is expected to reach USD 1,816.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 4.5% 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 1,332.6 million |
| Market revenue in 2030 | USD 1,816.7 million |
| Growth rate | 4.5% (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 |
Other key industry trends
- In terms of revenue, Germany accounted for 10.8% 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 Europe, Germany oil free air compressor market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 618.0 million by 2030.
Stationary was the largest segment with a revenue share of 56% in 2023. Horizon Databook has segmented the Germany oil free air compressor market based on portable, stationary covering the revenue growth of each sub-segment from 2018 to 2030.
The German oil free air compression market is undergoing several trends and developments, driven by a range of factors such as the growing demand for energy-efficient and environmentally friendly compressed air systems.
Businesses in Germany are increasingly focused on reducing their energy consumption and carbon footprint through the adoption of oil free air compressors that offer a more efficient and sustainable alternative to traditional oil-lubricated compressors.
This shift in customer behavior is brought about by fast-paced technological advancements and increasing investments in research & development in the region. For instance, Alup Kompressoren, with more than 90 years of experience in compressors segment, offers oil free air compressors.
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Oil Free Air Compressor Market Scope
Oil Free Air Compressor Market Companies
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Germany oil free air compressor market size, by product, 2018-2030 (US$M)
Germany Oil Free Air Compressor Market Outlook Share, 2023 & 2030 (US$M)
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