Global Portable Oil-Free Air Compressor Databank Market Report

Global Portable Oil-Free Air Compressor Databank Market Report

The Portable Oil-Free Air Compressor market was valued at $20,595.6 Million in 2022, and is projected to reach $30,082.7 Million by 2031 growing at a CAGR of 4.34% from 2023 to 2031. Reciprocating segment is expected to be the highest contributor to this market, with $13,338.3 Million in 2022, and is anticipated to reach $19,451.9 Million by 2031, registering a CAGR of 4.32%. Rotary segment is anticipated to reach $6,529.3 Million by 2031 with the highest CAGR of 4.43%. Reciprocating and Rotary segments collectively expected to account for about 86.3% share of the Portable Oil-Free Air Compressor market in 2022, with the former constituting around 64.8% share. Rotary and Reciprocating segments are expected to witness significant growth rates at a CAGR of 4.43% and 4.32% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 86.3% in the overall Portable Oil-Free Air Compressor market in 2022, and is anticipated to reach 86.4% by 2031.