Mexico Oil Free Air Compressor Market Size & Outlook
Mexico oil free air compressor market, 2018-2030 (US$M)
Related Markets
Mexico oil free air compressor market highlights
- The Mexico oil free air compressor market generated a revenue of USD 212.6 million in 2023 and is expected to reach USD 292.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 4.7% 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 212.6 million |
| Market revenue in 2030 | USD 292.4 million |
| Growth rate | 4.7% (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, Mexico 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 North America, U.S. oil free air compressor market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 292.4 million by 2030.
Stationary was the largest segment with a revenue share of 58.84% in 2023. Horizon Databook has segmented the Mexico oil free air compressor market based on portable, stationary covering the revenue growth of each sub-segment from 2018 to 2030.
The Mexican region has seen significant development in the industrial, construction, manufacturing, mining, and food & beverages industries. Hence, market players have the possibility to expand and capitalize on the growth opportunities in the region.
Oil free air compressors are becoming increasingly popular in Mexico due to their ability to produce clean, high-quality compressed air without the risk of oil contamination. This is particularly important in applications where the air supply needs to be free from oil and other contaminants, such as in food and beverage processing or medical facilities.
The demand for oil free air compression in Mexico is likely to continue to grow in the coming years, driven by a combination of regulatory requirements, environmental concerns, and the need for more efficient and reliable compressed air systems.
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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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Mexico oil free air compressor market size, by product, 2018-2030 (US$M)
Mexico Oil Free Air Compressor Market Outlook Share, 2023 & 2030 (US$M)
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