Published Date: Mar, 2021 | 182 Pages | Report ID: MRU_114335
Oil Free Compressor (Oil-Free Compressor, Oil-Free Air Compressor) Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030 (Recession Impact Analysis)
ID : MRU_
114335 | Date :
Feb, 2023 | Pages :
182 | Region : Global |
Publisher : Ri research
The report offers detailed coverage of Oil Free Compressor (Oil-Free Compressor, Oil-Free Air Compressor) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Oil Free Compressor (Oil-Free Compressor, Oil-Free Air Compressor) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
An oil-free compressor is only one of several types of compressors available. It works the same way as a standard air compressor, and may even look very similar on the outside; internally, however, it contains special seals designed to keep the crucial lubricating oil away from the compressed air. The moving parts inside the compressor require lubrication to reduce the friction. Lubrication is essential in adequate amounts, regardless of the type of compressor, in order to prevent failure of the parts. The term oil-free refers to the air that the compressor produces, not the machine itself.
Oil Free Air Compressors are air compressors specifically developed for applications where air quality is essential for end-product and production processes. Industries such as pharmaceuticals, food and beverage, electronics and textiles cannot risk any chance of oil contamination in their processes. Therefore, it is essential that the compressed air is 100% oil-free. The standard is ISO 8573-1 (2010) certification, in which Class Zero represents the highest air purity. It is the only way to ensure oil-free air for critical processes and with it peace of mind. Outstanding reliability, low maintenance and operating costs make oil-free compressors a sound investment.
Based on technologies, oil free air compressors can be segmented into dry type oil-free and water flooded oil free air compressors. Based on installed motor power, operating power for most oil free air compressors are below 100 HP, with about 82% market share in 2016, based on market sales volume.
At present, the major manufacturers of Oil Free Air Compressors are Atlas Copco, Ingersoll Rand, Sullair, KAESER, Gardner Denver, Fusheng, Hitachi, Kobelco, Boge, etc. The top five of them is holding about 77.11% sales market share in 2016. The principal methods of competition in these markets relate to price, quality, delivery, service and support, technology and innovation.Market players are emphasizing more on product development and product differentiation to acquire competitive advantage, while small players are emphasizing more on the price competition.
Global giant manufactures headquarters mainly distributed in Europe, Japan, China, and USA. The manufacturers in Europe and USA have long histories and unshakable status in this field. Manufacturers such as Atlas Copco and Ingersoll Rand have relative higher level of product\'s quality. As to Japan, Kobelco and Hitachi have become as global leaders. The production centers for leading players are moving to developing countries such as China for their low manufacture cost and developing consumer groups.
Key consumption markets locate at developed countries. North America takes the biggest consumption market share of 27.02% in 2016, followed by Europe with 24.83%. China and Japan are also playing an important roles in global consumption market, with market share of 22.23% and 11.15% in 2016 respectively.
In the international market, the marketing channels characteristic differ from company to company. The international leading companies prefer setting up factories directly into aimed market, and taking own sales department to expand market. The giant companies are more likely to set their own big agents in some major countries and regions taking charge of regional business building their international market position. Companies in developing countries such as China, in contrast, put more effort on direct selling business.
The report forecast global Oil Free Compressor (Oil-Free Compressor, Oil-Free Air Compressor) market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global Oil Free Compressor (Oil-Free Compressor, Oil-Free Air Compressor) market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
At the same time, we classify Oil Free Compressor (Oil-Free Compressor, Oil-Free Air Compressor) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows: Market by Order Type
Below 50 HP
50-100 HP
Above 100 Market by Application
Food & Beverage
Electronics
Pharmaceuticals
Oil & Gas
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Oil Free Compressor (Oil-Free Compressor, Oil-Free Air Compressor) market for the forecast period 2023 - 2030?
• What are the driving forces in the Oil Free Compressor (Oil-Free Compressor, Oil-Free Air Compressor) market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Oil Free Compressor (Oil-Free Compressor, Oil-Free Air Compressor) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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