Published Date: 2021-10-14
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European Oil-free Air Compressor Market size is projected to surpass USD 3 billion by 2027, according to a latest forecast report by Graphical Research. Growing demand for compact, low-cost, and energy-efficient compressors will drive the market demand.
The European economy is highly driven by the manufacturing and electronic appliances sectors owing to the increasing presence of industry players in the region. Rising demand for various machinery and equipment in the growing manufacturing sector has fueled Europe oil-free air compressor industry.
These compressors find applications in various industries such as power, petroleum, electronics, and manufacturing. A significant shift from conventional manufacturing techniques to cost-effective methods is anticipated to act as a major trend in the market growth. In several applications, contaminated compressed air is a major issue, thus increasing the requirement for clean air. This is a major factor driving the industry growth during the forecast period. A large number of companies that were using oil-filled air compressors in various applications are shifting toward the product adoption.
Browse detailed statistical insights from the report, “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” along with the table of contents (ToC) @
https://www.graphicalresearch.com/industry-insights/1964/europe-oil-free-air-compressor-market
The stationary segment is expected to account for over 95% market share by 2027 owing to the extensive product usage in the manufacturing sector and advancements in the industrial sector. Compared to portable compressors, stationary compressors offer more power and find applications in refrigeration & air conditioning systems and large production plants.
Rotary segment will generate a demand of around USD 1.7 billion by end of forecast timeframe. Low installment & maintenance costs and high efficiency are key factors enhancing the segment penetration. Furthermore, technological advancements for developing rotary compressors consuming low energy are expected to further boost the market revenue.
The healthcare end-use segment was valued at USD 865 million revenue in 2020 as oil-free air compressors are widely used in medical and dental applications. For instance, these compressors are used in autoclaves and sterilizers, oxygen supply, patient simulators, hospital headwalls, chiropractic tables, physiotherapy tables, for adjustment of hospital beds & seats, air or vacuum aspirators, surgical instruments, and pumping of bandages.
The European oil-free air compressor market research report includes in-depth coverage of the industry with estimates & forecasts in terms of volume in thousand units and revenue in USD Million from 2016 to 2027 for the following segments
Europe Market, By Product
Europe Market, By Technology
Europe Market, By Application
The above information has been provided for the following countries:
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