U.S. Oil Free Air Compressor Market Size & Outlook
U.S. oil free air compressor market, 2018-2030 (US$M)
Related Markets
U.S. oil free air compressor market highlights
- The U.S. oil free air compressor market generated a revenue of USD 2,050.0 million in 2023 and is expected to reach USD 2,631.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 3.6% 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.
Oil free air compressor market data book summary
| 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 |
Other key industry trends
- In terms of revenue, U.S. accounted for 16.6% 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 54.77% in 2023. 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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Oil Free Air Compressor Market Scope
Oil Free Air Compressor Market Companies
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U.S. oil free air compressor market size, by product, 2018-2030 (US$M)
U.S. Oil Free Air Compressor Market Outlook Share, 2023 & 2030 (US$M)
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