UK Oil Free Air Compressor Market Size & Outlook
UK oil free air compressor market, 2018-2030 (US$M)
Related Markets
UK oil free air compressor market highlights
- The UK oil free air compressor market generated a revenue of USD 663.3 million in 2023 and is expected to reach USD 875.6 million by 2030.
- The UK market is expected to grow at a CAGR of 4% 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 663.3 million |
| Market revenue in 2030 | USD 875.6 million |
| Growth rate | 4% (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, UK accounted for 5.4% 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 54.85% in 2023. Horizon Databook has segmented the UK oil free air compressor market based on portable, stationary covering the revenue growth of each sub-segment from 2018 to 2030.
As per an article published in March 2022 by Industrial Plant and Equipment, the safety of Food & Beverage (F&B) production was expected to accelerate with the introduction of Alup’s OF 20-75 line of compressors.
The next-generation compressors are designed to reduce operating costs. It offers ‘Class Zero’ certified 100% free of oil traces compressed air, that meets the British Retail Consortium Global Standards (BRCGS) and the Food and Beverage Grade Compressed Air Best Practice Guidelines (British Compressed Air Society (BCAS)).
The launch of air free technology enables F&B producers to save money and time by eliminating the requirement of regular cleaning, maintenance & monitoring of oil filters, thereby reducing the overall operating costs.
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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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UK oil free air compressor market size, by product, 2018-2030 (US$M)
UK Oil Free Air Compressor Market Outlook Share, 2023 & 2030 (US$M)
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