The global oil free compressor market is driven by higher reliability, and lower installation and maintenance cost. The government regulations towards energy efficiency and environment protection are also expected to increase the market penetration of oil free compressors during the forecast period. The demand of superior air quality particularly in healthcare, textile, and food and beverage industry is expected to the drive the growth of the global oil free compressor market during 2015-2020.
The custom based product design to match the end users requirement, along with enhanced service offering are the recent trends witnessed in the global oil free compressor market. The high competition among the oil free compressor manufacturing companies, along with lack of product innovation is hindering the growth of the global market.
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Oil-free compressors are positive displacement compressors propelled by a mechanical crank-shaft. The piston compressor decreases the volume of air by the pistons movement in a narrowed planetary, where the air gets compressed. The oil free compressor market is consolidated, as the top ten players accounted for more than 70% share of the global market in 2014. The brand identities of oil free compressor among the end users are prohibitive, and hence the barriers of entry for the new players are high. The smaller players can focus on the niche industrial applications, such as oil and gas, and chemical. Moreover, the small players can also get the competitive gain by offering products with diverse performance range. In electronics and textile industry, oil compressors can led to higher rejection rates that increase the production down time and higher operating cost. Oil free compressor is widely used in these industries, owing to availability of filter cartridges, rubber material, and desiccant materials for the superior efficiency and lower rejection rates; moreover their maintenance cost is also low due to the oil free operation.
The food and beverage processing industries requires clean and dry air. The air from compressor is first dried and filtered by dry nitrogen specifications, known as CDA. The specification for CDA may vary for different end user industries with respect to precipitation. However all CDA systems are used for oil-free airs, which is driving the demand of oil-free air compressors market in industrial application.
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The major players, such as Gardner Denver and Atlas Copco accounted for majority of market share in 2014. The top competitors have high propriety learning curves that provide competitive advantage over other players.
Some of the competitors in the global oil free compressor market are, Atlas Copco, Bauer Compressor Inc., Werther International Inc., and Gardner Denver.
Global Oil Free Compressor Market Segmentation
- Rotary Screw Compressor
- Centrifugal Compressor
By industry vertical
- Oil and Gas s
- Food and Beverages Processing
- Energy & Power
- Electrical & Electronics
- North America
- Rest of the World
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