Europe oil-free air compressor market will be driven by rising demand for low-cost, and energy-efficient compressors. Hitachi Industrial Equipment Systems Co. Ltd., Atlas Copco, GE Energy, Sullair, Kobelco, LLC, Kaeser Kompressoren SE, Rolair Systems, and Heyner UK Ltd. are among the leading oil free air compressor manufacturers in Europe.
Europe oil-free air compressor market size is estimated to be $3 billion by 2027. According to fs-elliott.com, as energy expenses account for 60-75% of an air compressor’s entire life-cycle expenditures, overall cost reductions from efficiency alone can amount to significant life-cycle savings. In consideration of this fact, the leading market players are developing energy-efficient systems.
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By 2027, oil-free air compressor market in Europe share from the manufacturing sector is anticipated to be worth $1 billion. Oil-free air compressors are gaining popularity in the manufacturing industry due to their ability to reduce maintenance and energy costs significantly. In the industrial sector, contaminant-free air may be used directly as a source of energy to power equipment and machinery in many factories. For example, in the steel industry, contaminant-free air is blasted straight into the furnace that heats and cools the rolled steel. Manufacturers can achieve cost savings on maintenance by switching from an oil-flooded to an oil-free air compressor. Following are a few benefits listed out:
- Oil changes are spaced out over a longer period of time.
- The use of costly oil filters to clean compressed air is no longer necessary.
- Downstream labor and outage-related expenses are reduced.
Between 2021 and 2027, Europe oil-free air compressor market share from portable compressors would develop at a CAGR of 3.9%. Improved digital systems, high speed, low maintenance costs, and low operating noise of these compressors will aid in their adoption rate. Government regulations on energy saving, as well as increased consumer awareness regarding the product benefits, are likely to spur their uptake through the forecast timeframe.
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Considering the significance of risk variables associated in healthcare applications, every point of contact in the production process, such as tablet coating and product drying, must be evaluated, including the danger from compressed air. Here’s where the role of oil-free air compressors comes into play. They are utilized in autoclaves and sterilizers, patient simulators, oxygen supply, hospital headwalls, surgical instruments, and other medical uses. Owing to these aforementioned product applications, Europe oil-free air compressor market share from the healthcare sector was valued at about USD 865 million.
By 2027, the oil-free air compressor segment in Europe will have a need for approximately 9 million rotary technology units. The increased usage of the technology for heavy industrial applications is responsible for the segment’s growth. Low installation and maintenance costs, as well as excellent efficiency, are important considerations when selecting the right technology. Also, technical breakthroughs in the development of low-energy rotary compressors are expected to promote market expansion.
Table of Contents (ToC) of the report:
Chapter 4 Europe Oil-free Air Compressor Market, By Product
4.1 Europe oil-free air compressor industry, by product, 2020 & 2027
4.2.1 Market size, 2017 – 2027
4.2.2 Market size by country, 2017 – 2027
4.3.1 Market size, 2017 – 2027
4.3.2 Market size by country, 2017 – 2027
Chapter 5 Europe Oil-free Air Compressor Market, By Technology
5.1 Europe oil-free air compressor industry, by technology, 2020 & 2027
5.2.1 Market size, 2017 – 2027
5.2.2 Market size by country, 2017 – 2027
18.104.22.168 Market size, 2017 – 2027
22.214.171.124 Market size by country, 2017 – 2027
126.96.36.199 Market size, 2017 – 2027
188.8.131.52 Market size by country, 2017 – 2027
184.108.40.206 Market size, 2017 – 2027
220.127.116.11 Market size by country, 2017 – 2027
5.3.1 Market size, 2017 – 2027
5.3.2 Market size by country, 2017 – 2027
5.4.1 Market size, 2017 – 2027
5.4.2 Market size by country, 2017 – 2027
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