What is Oil-free Compressor?
Oil-free compressors utilize oil for lubrication of bearings and gears. This bearings are isolated from compression chamber. It is available in rotary screw, centrifugal and other types. Owing to this oil free compressor, lubricating oil does not cause contamination. They are perfect solution reaching highest air purity standards. This compressor help to attain 100% dry oil-free air supply. Hence, it is witnessing huge demand from number of end use industries. It is broadly used in automobiles, food and beverages, construction, petrochemicals industry. However, presence of alternatives and high price is challenging to the market. Geographically, North America region is expected to grow with higher growth rate over forecast period followed by Asia Pacific and Europe owing to increasing expenditure of petrochemical related activities and other industries.
The market study is broken down by Type (Dry Oil-free and Water Injected), by Application (Automotive Paint Spraying, Food and Beverage, Petrochemical Processing, Electronics Manufacturing, Healthcare, Textile Manufacturing and Others) and major geographies with country level break-up.
The market of Oil-free Compressor is expected to grow with rising demand from automobile, construction and food and beverages industry. Several companies are operating in the market to provide Oil-free Compressor with unique features. The market is fragmented with the presence of several market players. They are gaining attention owing to their innovative and novel portfolio. Owing to huge demand, market is expected to witness substantial growth over forecast period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Atlas Copco Group (Sweden), Ingersoll-Rand plc (Ireland), General Electric Company (United States), Hitachi, Ltd. (Japan), Kaeser Kompressoren SE (Germany), ELGi (India), Aerzener Maschinenfabrik GmbH (Germany), Brehob Corporation (United States), Powerex Inc. (United States), Ciasons Industrial, Inc. (United States), Howden Group (United Kingdom), Fusheng Co., Ltd. (China) and Werther International Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Chicago Pneumatic (United States), AF Compressor (Belgium), Viair Corporation (United States) and Vortex Compressor (Turkey).
AdvanceMarketAnalytics has segmented the market of Global Oil-free Compressor market by Type, Application and Region.
On the basis of geography, the market of Oil-free Compressor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Spain, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Category, the sub-segment i.e. Single Stage will boost the Oil-free Compressor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product Type, the sub-segment i.e. Reciprocating will boost the Oil-free Compressor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel , the sub-segment i.e. Online will boost the Oil-free Compressor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Portability, the sub-segment i.e. Stationary will boost the Oil-free Compressor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In December 2019, ELGi Acquires Michigan Air Solutions. ELGi Compressors USA, Inc., a subsidiary of Elgi Equipments Limited completed acquisition of Michigan Air Solutions. This acquisition is known as an essential step for company to expand its presence in the USA. It further helps to strengthen its position as a leading player in the USA’s compressed air industry.
In October 2018, ELGi Equipments has launched its range of oil-free air-compressors. Company is India’s leading air-compressor manufacturers. These compressors are heaving used across a variety of manufacturing applications, witnessing strong demand from the food & beverage sector, owing to mandatory health and safety requirements. With new launch, company has expanded its portfolio.
- Rising Preference for Portable Corrosion Inhibitors over Others
- Increasing Expenditure of End Use Industries like Automobile, Food and Beverages, Petrochemicals across the Globe
- Rising Demand for Oil Line Corrosion Inhibitors in Pain Processing
- Advancements in Design Configuration with Innovative Technology
- Huge Adoption towards Oil Free Owing to Zero Tolerance towards Oil has created multiple Growth Opportunity
- High Price and Huge Cost Requirement for Production
- Presence of Substitutes in Market
Key Target AudienceOil-free Compressor Manufacturers, Oil-free Compressor Suppliers/Distributor, Raw Material Providers, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Atlas Copco Group (Sweden), Ingersoll-Rand plc (Ireland), General Electric Company (United States), Hitachi, Ltd. (Japan), Kaeser Kompressoren SE (Germany), ELGi (India), Aerzener Maschinenfabrik GmbH (Germany), Brehob Corporation (United States), Powerex Inc. (United States), Ciasons Industrial, Inc. (United States), Howden Group (United Kingdom), Fusheng Co., Ltd. (China) and Werther International Inc. (United States) etc.
2. Can we have customized study for Oil-free Compressor Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Oil-free Compressor Market by 2026?
Analysts at AMA estimates Oil-free Compressor Market to reach USD Million by 2026.