Italy Oil Free Air Compressor Market Size & Outlook
Italy oil free air compressor market, 2018-2030 (US$M)
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Italy oil free air compressor market highlights
- The Italy oil free air compressor market generated a revenue of USD 206.6 million in 2023 and is expected to reach USD 274.2 million by 2030.
- The Italy market is expected to grow at a CAGR of 4.1% 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 206.6 million |
| Market revenue in 2030 | USD 274.2 million |
| Growth rate | 4.1% (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, Italy accounted for 1.7% 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 Italy 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 is growing in Italy due to their various advantages in various industries. The EU has implemented the Ecodesign Directive, which sets minimum energy performance standards for energy-related products, including air compressors.
Italy has its own set of environmental regulations at the national and regional levels that may impact the use of air compressors. There are strict regulations in Italy related to air quality, emissions, and environmental sustainability.
Hence, oil free compressors are preferred to avoid oilcontaminated emissions. In April 2022, ELGi Compressors Europe introduced its air compressor portfolio at Autopromotec 2022 in Italy. This portfolio included ELGi’s AB Series, from 11-110kW oil free air compressors.
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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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Italy oil free air compressor market size, by product, 2018-2030 (US$M)
Italy Oil Free Air Compressor Market Outlook Share, 2023 & 2030 (US$M)
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