Oil-free Air Compressor Market Expansion Projected to Gain an Uptick During 2023-2032

Global oil-free air compressor market size is projected to witness an upsurge over 2023-2032, on account of the strong focus on factory automation through the adoption of robotics.

With the introduction of strict regulations, rising complexity, and component shortages, industrial manufacturers have shifted their interest to modernization, boosting smart factory development. Pneumatic actuators and other industrial devices, which use compressed air to power motion, are considered critical in factory applications such as robotics. These factors are likely to escalate the demand for oil-free air compressors for robotics applications in smart factories.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/460

Furthermore, manufacturers are relying on automated solutions for use in product assembly and daily maintenance operations. Citing an instance, a machinery manufacturer, Atlas Copco, collaborated with KUKA, an industrial robot supplier, to automate the labor-intensive manual assembling of air compressors. Due to the acceleration of factory automation, oil-free air compressor production is anticipated to rise over the estimated timeline.

The oil-free air compressor market is bifurcated based on product, power, technology, application, and regional landscape.


The market share from the portable product segment is slated to register sizeable growth by 2032, owing to the resiliency of the agricultural sector in the wake of the COVID-19 pandemic.

As per data from the Research Institute of Organic Agriculture, in 2020, the area devoted to organic farming in Europe involved 17.1 million hectares. These agricultural trends are expected to proliferate the use of portable oil-free air compressors for crop spraying and equipment operation applications.

In terms of power, the industry value from the above 160 kW segment is poised to exhibit over 5% CAGR through 2032. This is a result of the increasing availability of certified fixed and regulated speed oil-free screw compressors of high capacity for manufacturing applications. However, its limited use may create a hindrance to industry development to some extent.

Oil-free air compressor market size from the rotary technology segment is projected to rise over the estimated timeline, given the introduction of rotary compressors that meet stringent hygienic standards. High efficiency, low-temperature operation, and low-temperature loss are also among the benefits contributing to product consumption.

The increased requirement for compressed air to address strict regulations in food and beverage, chemical, and other industry verticals is expected to drive oil-free rotary air compressor industry growth over the forecast period.

Request for customization @ https://www.gminsights.com/roc/460

Based on the application, the industry value from home appliances applications is anticipated to reach more than USD 10 billion by 2032. The mounting disposable incomes, population growth, and economic development in regions such as Asia are among the key factors promoting the adoption of air compressors in home appliance manufacturing.
 
Latin American oil-free air compressor market is set to depict over 4% CAGR through 2032. The easy availability of raw materials, cost-effective labor, and the abundance of land resources are contributing to the progress of the regional manufacturing sector. As a result, the use of industrial manufacturing air compressors is expected to rise across the LATAM region.
 
Table of Contents (ToC) of the report:
Chapter 1    Methodology & Scope
1.1    Methodology
1.2    Market definitions
1.3    Market estimation & forecast parameters
1.4    Data sources
1.4.1    Primary
1.4.2    Secondary
1.4.2.1   Paid Sources
1.4.2.2   Public Sources
Chapter 2    Executive Summary
2.1    Oil-free Air Compressor industry 3600 synopsis, 2018 – 2032
2.1.1    Business trends
2.1.2    Packaging type trends
2.1.3    Material trends
2.1.4    Regional trends
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/oil-free-air-compressor-market

HVAC & Construction Research Reports




About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Aashit Tiwari

Corporate Sales, USA

Global Market Insights Inc.

Toll Free: 1-888-689-0688

USA: +1-302-846-7766

Europe: +44-742-759-8484

APAC: +65-3129-7718

Comments

Post a Comment