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 |
Stationary was the largest segment with a revenue share of 63.51% in 2024. 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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