Japan Oil Free Air Compressor Market Size & Outlook
Japan oil free air compressor market, 2018-2030 (US$M)
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Japan oil free air compressor market highlights
- The Japan oil free air compressor market generated a revenue of USD 675.2 million in 2023 and is expected to reach USD 1,013.7 million by 2030.
- The Japan market is expected to grow at a CAGR of 6% 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 675.2 million |
| Market revenue in 2030 | USD 1,013.7 million |
| Growth rate | 6% (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, Japan accounted for 5.5% 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 Asia Pacific, China oil free air compressor market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,029.4 million by 2030.
Stationary was the largest segment with a revenue share of 63.51% in 2023. Horizon Databook has segmented the Japan oil free air compressor market based on portable, stationary covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is known for its advanced industrial sector and stringent regulations for product quality and safety. The Japanese food and beverage industry is known for its high-quality products and strict regulations for food safety.
Oil free air compressors are commonly used in food and beverage processing for applications such as packaging, bottling, and food preservation to ensure compressed air purity and prevent oil contamination.
Moreover, as the demand for pharmaceutical products continues to rise in Japan due to an aging population and increased healthcare expenditure, the demand for oil free air compressors in the pharmaceutical industry in the country is likely to increase.
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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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Japan oil free air compressor market size, by product, 2018-2030 (US$M)
Japan Oil Free Air Compressor Market Outlook Share, 2023 & 2030 (US$M)
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