Global Industry Analysts Inc. (GIA) has recently published a new market study, titled “Oil Free Air Compressors – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
As per the report, the Oil Free Air Compressors market in the U.S. is estimated at US$3.3 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.2 Billion by the year 2026 trailing a CAGR of 7.5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 3.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.
The report has covered players including Amfos International; Anest Iwata Motherson Pvt. Ltd.; Atlas Copco Ltd.; Bambi Air Compressors Ltd.; Dolphin I.P.A GmbH; EKOM SPOL. S R.O.; FS-Elliott; Gajjar Compressor Pvt. Ltd.; Hitachi Industrial Equipment Systems Co. Ltd.; Ingersoll-Rand plc; JUN-AIR / Gast Manufacturing, Inc.; Maruti Air Compressor; RIX Industries; Sullair LLC; Sundyne Company; Suzhou Junwei Medical Equipment Co. Ltd. among others.
Segment-wise, this has coverages based on Product Type (Portable, Stationary); Technology (Rotary / Screw, Reciprocating, Centrifugal); Power Rating (2-55 kW, Above 55 kW); Application (Manufacturing, Oil & Gas, Energy, Food & Beverage, Home Appliances, Semiconductor & Electronics and Other Applications).