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Europe Oil-free Air Compressor Market Forecast 2027 By Application (Home Appliances, Food & Beverages, Semiconductor & Electronics, Manufacturing, Healthcare {Medical, Dental, Others}, Others), By Product (Portable, Stationary), By Technology (Rotary {Screw, Scroll, Others}, Reciprocating, Centrifugal), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
Published Date: September 2021 | Publisher: Graphical Research Report ID: GR1964 | Delivery : PDF  Request Free Sample

Europe Oil-free Air Compressor Market size crossed USD 2.5 billion in 2020 and is set to observe around 2.9% growth rate between 2021 and 2027. Rising preferences for portable, compact, and energy-efficient mechanisms in various application sectors will propel the market demand.

Europe Oil-free Air Compressor Market

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The oil-free air compressor consumes less energy compared to other air compressors, which leads to low carbon emissions and cost-effectiveness during the product life cycle. The superior operational efficiency of these compressors is expected to enhance their adoption in multiple end user industries in compliance with industry standard. Growing environment related awareness and regulations in Europe have boosted the demand for compressors requiring low maintenance.

Europe Market, By Product

Europe Oil-free Air Compressor Market, By Product

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The portable oil-free compressors will grow at a CAGR of 3.9% during the forecast period. The various features of portable compressors, such as superior digital systems, high speed, low maintenance costs, and operating noise, will support the segment penetration. Furthermore, government policies on energy conservation along with growing consumer awareness will drive the industry growth.

Europe Market, By Technology

The rotary technology segment will generate a demand for over 9 million units in Europe oil-free air compressor industry by 2027. The segment growth is attributed to the enhanced adoption of the technology for heavy industrial applications.

Europe Market, By Application

Europe Oil-free Air Compressor Market, By Application

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The manufacturing sector in the market is expected to value at USD 1 billion by 2027. Portable and stationary air compressors are widely used in production plants. In the manufacturing industry, contaminant-free air can be used directly in several plants as a source of power to produce equipment and machines. For instance, in steel production, contaminant-free air is directly blown in the furnace, that is used to heat the steel and cool down the rolled steel. These are majorly used in the manufacturing of home appliances and semiconductors as oil carry-over compressors are not acceptable in these applications.

Competitive Industry Landscape

The key players involved in the Europe market include Atlas Copco, Hitachi Industrial Equipment Systems Co., Ltd., GE Energy, Kobelco, Sullair, LLC, Kaeser Kompressoren SE, Ingersoll-Rand plc, Rolair Systems, Sullivan-Palatek, Inc., and Heyner UK Ltd.

Frequently Asked Question(FAQ) :

The market size for oil-free air compressor in Europe was worth USD 2.5 billion in 2020 and could witness a 2.9% CAGR over 2021-2027.
The industry size for oil-free air compressor in Europe is expanding owing to strict environmental norms and the demand for energy-efficient technologies across various end-use sectors.
Oil-free air compressors are widely preferred owing to benefits such as low cost, less energy consumption, and lower emissions.
The market for portable oil-free air compressor in Europe could grow at over 3.9% CAGR owing to high speed, lower noise levels, and low maintenance costs.
Sales of rotary oil-free air compressors in Europe could surpass 9 million units by 2027 due to widening use in heavy industrial applications.
Europe industry revenue from manufacturing sector could reach USD 1 billion by 2027 due to rising demand for portable and stationary air compressors in manufacturing plants where contaminant-free air is used as a source to power machinery and equipment.
Atlas Copco, Kobelco, Ingersoll-Rand plc, Hitachi Industrial Equipment Systems Co., Ltd., and GE Energy are among the leading market players in Europe.

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