Market revenue in 2023 | USD 2,050.0 million |
Market revenue in 2030 | USD 2,631.9 million |
Growth rate | 3.6% (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 54.77% in 2024. Horizon Databook has segmented the U.S. oil free air compressor market based on portable, stationary covering the revenue growth of each sub-segment from 2018 to 2030.
In recent years, there has been a growing trend in the adoption of oil free air compression technology in the U.S., especially in industries such as healthcare, food and beverage, and electronics manufacturing.
Air purity is key for various applications such as automotive pharmaceutical, semiconductor & electronics and others wherein even the tiniest oil drop can lead to product spoilage or damage to the equipment.
The demand for oil free air compression in the US is likely to grow in the forecast period, driven by a combination of environmental concerns, regulatory requirements, and the need for more efficient and reliable compressed air systems.
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