Oil-Free Air Compressor Market Segmentation:
Application Segment Analysis
The global oil-free air compressor market is segmented and analyzed for demand and supply by application into home appliances, food & beverage, electronics, automotive and healthcare. Out of which, the automotive segment is anticipated to garner the highest revenue by the end of 2035. The growth of the segment can be attributed to growing production for automobile all around the world. Around 8 million motor vehicles were created in the US in 2021. Over 79 million motor vehicles were built worldwide in the same year. Global motor vehicle manufacturing rose by more than about 2% in 2021 compared to the previous year. Hence, the demand for paint is growing, further boosting the market growth. Paint is applied using robots or paint guns and is propelled onto clean metal surfaces such as vehicle bodywork using compressed air. Oil in compressed air reduces adhesion or results in beading, which lowers the finish's quality. Hence, the demand for oil-free air compressor is high. Moreover, to stop the paint from coagulating, compressed air stirs it. Furthermore, it mixes the paint, ensuring consistency all throughout the bath. However, paint disintegrates into oil in compressed air, which negatively impacts paint adhesion and quality. Hence, the preference of automobile sector for oil-free air compressor is more.
Power (Below 15KW, 15KW - Below 55KW, 55KW - 1 0 KW, Above 160KW)
The global oil-free air compressor market is also segmented and analyzed for demand and supply by power into below 15KW, 15KW – below 55KW, 55KW – below 160 KW, and above 160 KW. Amongst which, the 15KW – below 55KW segment is anticipated to have a significant growth over the forecast period, backed by its growing usage in industries such as chemicals, electronics, pharmaceuticals, and food & beverages. Moreover, there has been growing investment made in electronics sector which is also estimated to boost the segment growth. Additionally, there has been an increase in public awareness of poor air quality and its detrimental effects on the ecosystem. Manufacturers of oil-free air compressors are compelled to create energy-efficient devices as a result of the government's strict rules regarding environmental air protection and CO2 emissions.
Our in-depth analysis of the global market includes the following segments:
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