Latin America Oil Free Air Compressor Market Size & Outlook

The oil free air compressor market in Latin America is expected to reach a projected revenue of US$ 993.5 million by 2030. A compound annual growth rate of 5.2% is expected of Latin America oil free air compressor market from 2025 to 2030.
Revenue, 2024 (US$M)
$745.7
Forecast, 2030 (US$M)
$993.5
CAGR, 2025 - 2030
5.2%
Report Coverage
Latin America

Latin America oil free air compressor market highlights

  • The Latin America oil free air compressor market generated a revenue of USD 698.7 million in 2023.
  • The market is expected to grow at a CAGR of 4.6% 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.
  • Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 698.7 million
Market revenue in 2030USD 954.9 million
Growth rate4.6% (CAGR from 2023 to 2030)
Largest segmentStationary
Fastest growing segmentPortable
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPortable, Stationary
Key market players worldwideAtlas 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, Latin America region accounted for 5.7% of the global oil free air compressor market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 5,857.9 million by 2030.

Stationary was the largest segment with a revenue share of 54.33% in 2024. Horizon Databook has segmented the Latin America 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 in Central and South America has been growing in recent years due to increased awareness of the negative impact of oil-contaminated air on health, safety, and environmental concerns.

The use of oil free air compressors is particularly prevalent in industries such as food and beverage, pharmaceuticals, and electronics, where high-quality compressed air is essential for the manufacturing process.

They are also investing in research and development to improve the efficiency and performance of their products. Local players are also emerging to cater to the demand for oil free air compressors in the region. For instance, in 2021, Schulz introduced Brazil's first oil free piston compressor that incorporates a frequency inverter.

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Latin America oil free air compressor market size, by country, 2018-2030 (US$M)

Latin America Oil Free Air Compressor Market Outlook Share, 2024 & 2030 (US$M)

Latin America oil free air compressor market size, by country, 2018-2030 (US$M)

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