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Oil-Free Air Compressor Market size to hit $13.9bn by 2023 Business Articles | June 9, 2016
Air Compressor Market Size By Technology (ScrewRotary, Reciprocating, Centrifugal) Cheap Adidas NMD R2 , By Product (Portable, Stationary), By Lubrication (Oil Free, Oil Filled), By Application (Home Appliances, Food & Beverage Cheap Adidas NMD R1 , Oil & Gas, Energy, Semiconductors & Electronics, Manufacturing, Healthcare), Industry Analysis Report Cheap Adidas NMD Shoes , Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023


Oil-Free Air Compressor Market size is forecast to hit USD 13.9 billion by 2023; as per a new research report by Global Market Insights, Inc.
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Escalating portable air compressor market size accompanied by rising energy efficient device demand is forecast to drive growth. Portable products are mainly used in mining and construction activities. Oil-free compressors offer substantial reliability and convenience owing to superior performance.
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High transport mobility offer by these products may fuel demand in numerous applications such as construction. The ease of handling is also forecast to aid in low-duty applications. Low maintenance cost and involvement of less degradable parts is predicted to hike global oil-free air compressor market growth.


A VSD (variable speed drive) controlled device offers effective energy saving. It involves an AC drive that controls the speed of the unit Cheap Adidas NMD , and thus avoids additional energy consumption when compared to a fixed speed equivalent. It reduces motor service requirements, supports leakage detection and extends motor life cycle. As of December 2012, only about 5% products were controlled by VSD across the globe.
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Industries such as manufacturing are adopting cost-effective production techniques in order to drive profitability. Rising demand for these systems from effective energy distribution application owing to cost optimizing features is also a veritable driver.
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Global oil-free air compressor market share is characterized by a large number of players offering low-cost solutions. Key raw materials involved in manufacturing include copper, steel, and aluminum. Continuous hike in raw material prices is forecast to have negative impact the market growth through the next seven years. The demand for copper, aluminum, and other raw materials is likely to increase over the years due to escalating usage of these materials in various applications and products.
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Growth in retrofitting activities, efficient operation, favorable oil-free air compressor price trend, and rising adoption of variable-speed products will present attractive growth opportunities.
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Key insights from the report include:

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